Fellow.

Overview

Fellow is a 152-home wood-frame development at 14518 104A Avenue, Surrey, BC V3R 1R3, in Guildford. Homes run 374 to 1,123 sq. ft. Blended pricing is around $878 per sq. ft. Estimated completion is 2027.

Plans start at 374 sq. ft., so the release spans studios through to 1,123 sq. ft. family plans, worth knowing that the per-foot average below blends two quite different products.

Location

Guildford is built around Guildford Town Centre and its recreation complex, with Highway 1 access at 152 Street making it one of the easier Surrey neighbourhoods to drive out of. Frequent bus service connects to Surrey Central Station for the Expo Line. It is an established, low-rise neighbourhood rather than a new town centre, and it prices accordingly.

The homes

• 152 homes, wood-frame construction
• 374 – 1,123 sq. ft.
• Blended pricing around $878 per sq. ft.
• At that blended rate, roughly $328,000 for the smallest plan and $986,000 for the largest
• 15% deposit
• Estimated completion 2027
• Status: Now Selling

How the pricing compares

Measured against 40 other Surrey wood-frame projects in my database, the median blended price is $786 per sq. ft. Fellow at $878 sits about 12% above that, toward the upper end of the Surrey wood-frame range. I would rather say that plainly than dress it up. A premium can be entirely rational, scarcity of the format, walkable transit, a better site, but you should be able to state what you are paying it for.

Direct comparables

Priced under it: Terra Garden at $852, Silva 2 at $859, Spera at $859 per sq. ft. Priced over it: Zenith at $885, Pura (Phase 2) at $887, Fleetwood Village II (Condos Building 6) at $890 per sq. ft. I would look at those before signing anything here.

What I would check before you sign

1. The outside completion date in the disclosure statement, which will be later than the estimate above and is the date you are actually agreeing to.
2. How the 15% is staged, not just that it totals 15%.
3. Assignment terms: whether you can assign, the fee, and whose consent you need. CSAIR reporting now makes assignment activity visible to the CRA.
4. GST and the first-time buyer rebate. In this price band the rebate changes the arithmetic materially. Worth running the numbers before you commit.
5. Which homes are still available, and ask directly why those ones are.
6. Monthly costs: strata fees on the plan you actually want.

I represent buyers on presales like Fellow across Metro Vancouver. That includes telling you when a project is not the right one. Get in touch for floor plans and availability.

Find it on the map.

14518 104A Avenue, Surrey, BC V3R 1R3