2 Bedroom Apartment for Rent in Coquitlam

Location

22 min on foot to Burquitlam (Millennium Line), about 60 min to Waterfront.

Scored from the map pin alone — rapid transit, town centres and parks, in straight lines. It knows nothing about the street, the hill, the building or the neighbours, and buses and the SeaBus are not in it, so places served by those score lower here than they deserve.

Against the ones next to it

$2,500 is $200 above the middle of the 293 two-bedrooms we are tracking in Coquitlam right now ($2,300). Most of them ask between $1,900 and $2,650.

A straight count of asking prices in the area, with nothing adjusted for — it does not care that this one may be bigger, smaller or better placed than the rest.

What the estimate cannot see

Laundry, parking, air conditioning, the bathroom count and whether the home sits below ground are priced in wherever the advertisement states them. The floor, the view, the light, the condition and the noise are not, and nothing we hold measures them: two identical floor plans, one renovated and one not, get the same estimate from us.

Where an advertisement says nothing, we price it as unsaid rather than as absent. A short ad is not a worse home, and scoring it as one would price the landlord’s writing instead of the flat.

The advertisement doesn’t say, and it matters:

• What floor is it on?
• Which way does it face?
• Is parking included or extra?
• Are pets allowed?
• When is it available?