The Fifteen · August 2026
Fifteen Langley listings worth a second look.
Chosen by reading all 1,394 of them.
Every active listing in Langley went through the same three tests
this month. The first finds homes priced low against the property tax they carry,
which is the closest honest read on what the assessor thinks they are worth. The
second finds homes priced low by the square foot against their own neighbourhood
and property type. The third is not arithmetic at all: land, water, working
ground and houses built before the war. Five from each, and the working is shown
on every one.
One · The Tax Tell
Priced under what the taxman thinks.
Property tax in British Columbia is assessed value multiplied by the municipal rate, so within one town a home’s tax bill is a straight read on what the assessor believes it is worth. When a listing’s price sits far below the tax it carries, the market is asking less for that home than the municipality thinks it is worth. These five carry the widest gaps in Langley right now, each measured against the median for its own property type in its own neighbourhood.
How these five were chosen
The test.
Take a listing’s asking price and divide it by the annual property tax printed on its own
MLS® sheet. Compare that ratio against the median
ratio for the same dwelling type in the same neighbourhood. A house is only ever measured
against other houses on its own streets, never against condos and never against another sub-area.
Why it works.
Property tax in British Columbia is assessed value multiplied by the municipal rate. Within one
municipality the rate is the same for everybody, so a home’s tax bill moves in lockstep with
what the assessor thinks it is worth. A price far below the tax it carries means the market is
asking less than the assessor’s view. These five carry the widest gaps in Langley, from
50% down to 44% below their own medians.
What is excluded, and why.
New construction showing $0 tax or a pre-2025 tax year, because the assessor has not valued it yet
and there is nothing to measure. Any group with fewer than six comparable listings, because a median
drawn from four homes is not a median. And land assembly sites, whose taxes reflect development
potential rather than the house: those live on the land
page instead.
We publish the ratio, not an assessed value, and we
never call it an assessment. The tax figure comes from the listing sheet, which we are licensed to
display.
01
2993 272 Street
Aldergrove · House · MLS® R3129991
$2,399,99950% below its type median
A $16,732 tax bill is what a home well above two and a half million usually carries in Aldergrove. This one is asking $2,399,999 for 5,700 square feet at $421 a foot. The assessor and the asking price are further apart here than on any other listing in Langley this month.
Property tax $16,732 a year
02
19983 68 Avenue
Willoughby Heights · House · MLS® R3109287
$999,00047% below its type median
Our pick of the fifteen. A 1969 house on 2,092 square feet asking under a million while paying $6,558 a year, which is the tax bill of a considerably dearer Willoughby home. At $478 a foot against a $521 neighbourhood median, the gap shows up in two independent measures at once.
Property tax $6,558 a year
03
256 27111 0 Avenue
Otter District · House · MLS® R3157356
$359,90046% below its type median
Under $360,000 for 1,244 square feet at $289 a foot, in a corner of Langley where detached space rarely comes at this number. The tax bill of $1,568 tells you the assessor sees a modest property; the price sits below even that.
Property tax $1,568 a year
04
314 5294 204 Street
Langley City · Condo · MLS® R3157418
$314,99544% below its type median
Langley City has the lowest composite benchmark in the municipality and the steepest condo fall of the year at 12.2%. This 662 square foot apartment asks $314,995 against a $2,575 tax bill, which is the profile of a considerably more expensive unit. The cheapest door into Langley ownership, and it got cheaper.
Property tax $2,575 a year
05
2 20258 Michaud Crescent
Langley City · Townhouse · MLS® R3142110
$499,90044% below its type median
Townhomes are the tightest segment in Langley: 3.4 months of supply and 98.5% of asking price. Finding one under half a million with a $3,930 tax bill behind it is the exception rather than the pattern, and tight segments do not usually leave exceptions sitting.
Property tax $3,930 a year
Two · Space For The Money
Where the numbers quietly work.
Nothing dramatic in these, which is rather the point. Each is a large home priced like a smaller one: dollars per square foot well under the median for its own type in its own neighbourhood. No story, no urgency, just more house than the number suggests.
How these five were chosen
The test.
Asking price divided by finished floor area, compared against the median dollars per square foot
for the same dwelling
type in the same neighbourhood. Ranked by how far under that median they sit, from
51% to 39%.
Why it is a separate test.
The tax measure and the square-foot measure can disagree, and when they do it is usually telling you
something. A home can be priced fairly against its tax and still be unusually large for the money,
or the reverse. Running both independently and showing you which one fired is more honest than
blending them into one score you cannot check.
The guard.
Anything above 1.4 times its neighbourhood’s median dollars per square foot is dropped, which
removes land plays priced for what can be built rather than what stands there. One listing per
neighbourhood and type, so five picks means five different corners of Langley.
06
3215 197 Street
Brookswood · House · MLS® R3156665
$2,149,000$320/sq ft · 51% under
6,715 square feet, built 2021, at $320 a foot. Half the Brookswood median for a detached home, and four years old. It also sits 24% under its type median on the tax measure, so two separate tests point the same way.
Property tax $9,914 a year
07
21980 100 Avenue
Fort Langley · House · MLS® R3133119
$2,976,000$394/sq ft · 46% under
Fort Langley carries a 42% detached premium over the rest of Langley, which is what makes 7,549 square feet at $394 a foot worth stopping on. The village premium is real and it is measured; this listing does not carry it.
Property tax $9,532 a year
08
194 Clovermeadow Crescent
Salmon River · House · MLS® R3079706
$1,299,000$415/sq ft · 42% under
Salmon River held better than any Langley neighbourhood this year, down 2.8% against a municipality down 6.2%. A 3,130 square foot home at $415 a foot in the sub-area that gave back the least is an unusual combination.
Property tax $5,050 a year
09
27144 25A Avenue
Aldergrove · House · MLS® R3150344
$1,448,000$326/sq ft · 41% under
Aldergrove already holds the lowest detached benchmark in Langley, $409,800 under the municipal figure. This is 4,442 square feet at $326 a foot inside that: the discount within the discount.
Property tax $5,498 a year
10
23842 Old Yale Road
Campbell Valley · House · MLS® R3146179
$2,399,000$451/sq ft · 39% under
Campbell Valley has the highest detached benchmark in Langley at $2,583,200. A 2020-built home of 5,322 square feet asking below that, at $451 a foot, is priced under its own neighbourhood on both counts.
Property tax $8,462 a year
Three · The Ones With A Story
Simply worth looking at.
Not chosen on arithmetic. These are the listings that stopped us: land, water, working ground, and houses that were standing before the war. One from each corner of Langley, because a place this varied should not be represented by one street.
How these five were chosen
No arithmetic at all.
These are found by reading, not ranking. We scan every public remark in the municipality for the
things that do not show up in a price: acreage, water on the land, working ground, and a year built
before 1955. Then a person picks.
Why the section exists.
A list chosen only by numbers would be five suburban houses that happen to be cheap. Some of what
is worth seeing in Langley is worth seeing because it is nearly gone: a 1908 house on its original
street, a pre-war farmhouse on land with a creek through it. Those never rank well on dollars per
square foot and they should not have to.
The rule.
One per neighbourhood, so a place this varied is not represented by one street. These are not
claimed to be good value. They are claimed to be worth looking at, which is a different thing and
we say so.
11
4822 216 Street
Murrayville · House · MLS® R3149729
$1,298,000Built 1908
A hundred and eighteen years old and still on its street in Murrayville. Very little in Langley predates the First World War, and almost none of it comes to market. Whatever the arithmetic says, houses like this are finite and the number of them only goes one way.
Property tax $4,445 a year
12
19957 68 Avenue
Willoughby Heights · House · MLS® R3079475
$1,629,999Acreage with water · 1940
Acreage with water on it, inside Willoughby, which is the neighbourhood the rest of Langley is being built into. A 1940 house on land like that, in the middle of the municipality’s densest plan area, is a rare set of facts. Worth a Property Intelligence Report before anyone does anything.
Property tax $7,489 a year
13
23124 96 Avenue
Fort Langley · House · MLS® R3148865
$1,449,900Acreage · 1950
A 1950 house on acreage in Fort Langley for under a million and a half. The village carries the highest apartment benchmark in Langley at $775,800, which tells you what scarcity does here. Land plus an old house plus this address is about as scarce as Langley gets.
Property tax $6,698 a year
14
2552 200 Street
Brookswood · House · MLS® R3135211
$2,700,000Acreage with water · 1952
Acreage with water in Brookswood, where the neighbourhood plans have been redrawn more than once and the density question is still live. The tax bill of $4,720 on a $2.7 million ask is the detail worth understanding here, and it is exactly what our land report is for.
Property tax $4,720 a year
15
2157 224 Street
Campbell Valley · House · MLS® R3140912
$2,495,000Working land · 1952
Working ground in Campbell Valley with a 1952 house on it, 3,619 square feet. Land that is farmed carries rules that land which is merely large does not, and those rules decide what you can and cannot do long before price does.
Property tax $7,072 a year
How These Were Chosen
The working, so you can check it.
1,394 active Langley
listings were read for the August 2026 edition, across every neighbourhood in the
municipality. Each one carries its exact dwelling type and its annual property tax,
both taken from the MLS® sheet rather than guessed. Homes are compared only
against others of the same type in the same neighbourhood, and only where at least
six such listings exist, so nothing is measured against an unlike set.
Property tax in British Columbia is assessed
value multiplied by the municipal rate, so within one town the tax bill tracks what
the assessor believes a home is worth. A price that sits well under the tax it
carries is the signal. We publish the ratio, not an assessed value, and we do not
call it an assessment. New construction is left out, because a home the assessor
has not yet valued has nothing to measure against.
A listing that fails these tests is simply
not here. We do not write about what we would not buy.
Listings courtesy of cooperating
brokerages via MLS® reciprocity. Selection and commentary are our own. Prices,
taxes and availability are as published on the MLS® sheet and change daily.
Nothing here is an appraisal.