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PNE Prize Home 2022

July 14, 2022
The 2022 PNE Prize Home tickets are now selling. You have until September 5th to enter the draw. Located in Langley, this climate-friendly dream home includes clean energy technology, including an EV charger and an all-electric heat pump system to heat and cool the home.
The fully-furnished PNE Prize Home features:
  • 3,408 square feet of lavish living space over 3 levels
  • 3 bedrooms
  • 2.5 bathrooms
  • Media room
  • Legal 1-bedroom basement suite
The last PNE Prize Home was in South Surrey White Rock. Wisely, the winner listed her house when the market was red hot, and cashed out for $2,075,000 on 11/8/2021, after it being listed for 7 days at $1,899,000. There were about 5 parties that bid on the property, with 2 selected for a second round. Coincidentally I had taken part in that bidding war. As you can see in the table below, homes in the South Surrey neighbourhood over the last 60 days have been selling at a discount. There is more room for negotiation, less competition, and a lower risk of overbidding.