8450 Banford Road, Chilliwack, V2P 6H3 — photo 1

$1,998,000

8450 Banford Road, Chilliwack, V2P 6H3
Active
5 Bedrooms 4 Bathrooms 3,486 sqft Built 1994 Residential
1 Listing Signal Detected
Renovation RequiredNote

Likely needs work. Get contractor quotes before making an offer — renovation costs can exceed expectations.

About This Property

Exceptional 3.5-acre farm currently operating as a bamboo nursery. The property features three 30’ x 100’ greenhouses, multiple outbuildings, and established infrastructure ideal for a nursery or agricultural business. A beautifully updated 3486 sq ft two-story home includes a self-contained in-law suite, offering flexibility for extended family or additional income. Serviced by city water, located on a quiet dead-end street, and just minutes to shopping, schools, and amenities. A unique opportunity combining lifestyle, income potential, and future business possibilities.

ViewFireplace

Property Details

MLS #

R3073732

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Zoning

AL

Bedrooms

5

Full Baths

3

Half Baths

1

Kitchens

2

Fireplaces

1

Living Area

3,486 sqft

Main Floor

2,938 sqft

Above Main

548 sqft

Lot Size

155,509.2 sqft

Lot Dimensions

152 x

Frontage

152

Year Built

1994

Age

32 years

Roof

Asphalt

Construction

Frame Wood, Vinyl Siding

Structure

Residential Detached

Parking Type

Open, Other

Original Price

$2,200,000

Taxes

$7,023.08/yr

Listed

2025-12-16

MLS Area

East Chilliwack

City

Chilliwack

Postal Code

V2P 6H3

Features & Finishes

Heating

Natural Gas

Flooring

Wall/Wall/Mixed

Fireplace

Gas

Patio / Porch

Patio

Exterior Features

Private Yard

Building & Community

View

Mountain veiws

Lot Features

Private

Water Source

Public

Sewer

Public Sewer, Sanitary Sewer

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Disclosures

Property Disclosure

Yes

Coordinates: 49.155851, -121.895132 · Map data © Google

6.1

Fair Market

Deal Score out of 10

Priced at or near market value in current conditions.

Value vs market45% above market — check if justified
Days on market140 days — significantly stale, strong negotiation position
Price historyPrice dropped 9% from original ask — seller showing motivation
Market conditionsMarket avg 99% — some negotiation room
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$1,938,375

3% below asking price

Negotiation Range

$1,888,425$1,968,345

$79,920 spread

$1,888,425$1,998,000 ask

Based on 7 recent sales, a starting offer around $1,938,375 (3% below ask) is reasonable. Your negotiation range is $1,888,425 – $1,968,345.

What's factored in

Market baseline7 recent Chilliwack sales closed at median 98.9% of list price
Price already reducedSeller dropped from 9% off original ask — indicates motivation
Extended market time140 days listed — well above market avg of 203 days, increased negotiation leverage

Based on 7 residential sales in Chilliwack (last 60 days) · Updated May 4

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