Coquitlam buyer protection

12 red flags I walk clients away from on a Coquitlam home

April 2026 Market Pulse Coquitlam sales-to-listings ratio · Detached 27% · Townhome 34% · Apartment 31% — April 2026 GVR® data · get the full read by email.
Due diligence

The 12 red flags I walk clients away from on a Coquitlam property

Not every red flag is a dealbreaker — but each one needs a documented plan before you remove subjects. Here's the checklist I run on every file.

01

Unpermitted additions

Basement suites, sunrooms, decks — if they're not on permit, they're not insured and they come off in a sale. I pull permit history from the City of Coquitlam on every older home.

02

Poly-B plumbing still in place

Common in 1990s Coquitlam builds. Insurance premiums are 30–80% higher or declined outright. Re-pipe cost: $12K–$25K for a typical 2,400 sqft home.

03

Oil tank history

Any pre-1970s Coquitlam detached could have a buried tank. Environmental remediation if it leaked: $25K–$80K+. Soil scan before subject removal is non-negotiable.

04

Grow-op / marijuana damage history

BC Hydro keeps records of abnormal usage. Mould remediation and framing damage can exceed $60K. Lenders may decline outright. Check the report before you write.

05

Knob-and-tube wiring

Still appears in pre-1960 Maillardville and Austin Heights homes. Insurance companies typically require full rewire within 12 months. Cost: $8K–$18K.

06

Failed or absent depreciation report

BC strata law requires a current depreciation report. Stratas that skipped it or have an out-of-date one are hiding deferred maintenance. Read the last one cover-to-cover.

07

Over-leveraged strata CRF

Contingency Reserve Fund below 10% of operating budget signals incoming special levies. Three Coquitlam Centre buildings fit this profile right now — ask before offering.

08

Foundation cracks over 3mm

Hairline cracks are normal in Coquitlam's clay-heavy soil. Cracks wider than a credit card or with step-pattern progression need a structural engineer, not an inspector.

09

Recent $30K+ special levy

A big recent levy isn't automatically bad — sometimes it means the building just fixed its biggest problem. But a levy with another one telegraphed in AGM minutes is a compound risk.

10

Roof past 25 years

Asphalt shingle life in Coquitlam's climate is 20–25 years. A 28-year-old roof is a $12K–$22K replacement sitting in your first three years. Price it into the offer.

11

Aluminum wiring on older circuits

1965–1975 builds sometimes used aluminum. Fire-risk mitigation (pigtail connectors or full rewire) is often a pre-condition of insurance. Budget $4K–$15K.

12

Unauthorized ("illegal") suites

Lots of Coquitlam homes have a suite the City doesn't officially recognize. That income doesn't qualify for mortgage purposes with most lenders, and enforcement can force removal.

If you're upsizing: My Move-Up Planner includes the full due-diligence checklist — 38 items I run before every offer on a move-up purchase. Free download, no sales pitch.

Quick answers

Questions buyers ask about this

What is the biggest red flag when buying a Coquitlam home?
Disclosed-vs-undisclosed water intrusion. A finished basement with no documented permits, fresh paint behind the laundry, or a sump pump that was "just installed for peace of mind" — these are the patterns that hide expensive remediation. The home inspector flags it; the offer either gets restructured or walks.
Should I worry about a Coquitlam strata depreciation report?
Yes — every Coquitlam condo and townhouse purchase should include a careful read of the most recent depreciation report. Watch for projected special levies, deferred-maintenance backlogs, and contingency fund balances. A $10K special levy disclosed late is one of the most common Coquitlam buyer surprises.
Is a school-catchment change a red flag for a Coquitlam home?
It can be, especially if you're paying a meaningful premium for a specific catchment (Dr. Charles Best, Heritage Woods, Riverside). SD43 catchment boundaries change. Always pull the current catchment from sd43.bc.ca/Schools before writing — and consider whether the home still works if the catchment changes in 5-10 years.
How do I know if a Coquitlam home has been a grow-op or seized property?
Multiple disclosure layers: the Property Disclosure Statement, the title search (look for old liens), and the BC Land Title Office records. A pattern of multiple short-hold owners + heavy renovations + price below market is a triple flag. Verify with the BC government grow-op registry where applicable.
Are there structural red flags specific to Coquitlam homes?
Burke Mountain newer builds occasionally have post-tension cable slab issues in townhouses; Heritage Mountain and Westwood Plateau (1980s-1990s builds) sometimes have asbestos and original-spec roofing approaching end-of-life. Eagle Ridge and Maillardville older detached can have aluminum or knob-and-tube wiring. Each era + zone has its own checklist.

These are the signals that should stop a Coquitlam home purchase — or at minimum trigger a serious price-reduction negotiation. Some are physical (foundation, roof, drainage). Some are paperwork (depreciation reports, strata minutes). Some are catchment (the school you're paying a premium for has just had its boundary changed). Here are the 12 I see most.

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Quick Answer

What is actually available in Coquitlam right now?

Coquitlam covers four broad inventory pools: detached (Burke Mountain newer builds, Westwood Plateau executive, Central Coquitlam established, Eagle Ridge value-tier), townhomes (Burke and Burquitlam newer stock, central Coquitlam mid-tier), condos (Coquitlam Centre high-rise, Burquitlam transit-adjacent), and luxury ($2M+ Anmore/Westwood/Heritage). Craig Johnston, REALTOR® V99960 — Top 1% Team Member, Greater Vancouver REALTORS® — runs daily MLS-filtered alerts customised to your timeline and non-negotiables. Free Strategy Call → written 24-hour plan.

Quick answers

Quick answers about buying a Coquitlam home

The high-frequency questions I'm asked in almost every first client meeting, answered in 40–60 words each. Longer explanations follow in the sections below.

How much does a home cost in Coquitlam in 2026?

Per the April 2026 Greater Vancouver REALTORS® release, Coquitlam benchmark prices are: detached $1,635,700, townhouse $1,008,100, apartment $664,000. April median sale prices ran $1,600,000 / $1,125,000 / $620,000 respectively. Burke Mountain, Westwood Plateau and Heritage Mountain command the strongest detached premiums; Burquitlam leads condo activity.

Is Coquitlam a good place to buy a home right now?

For families with a 5+ year horizon and a realistic pre-approval, Coquitlam remains one of the strongest long-run markets in Greater Vancouver. SkyTrain connectivity, SD43's secondary-school track record, and contained supply support values. The short-term question is whether your specific catchment has inventory right now.

What's the difference between Burke Mountain and Westwood Plateau?

Burke Mountain is newer (mostly 2005–2020 builds), younger families, elementary-heavy. Westwood Plateau is older stock with more architectural variety, lower turnover, and an older demographic. Westwood Plateau typically trades at a premium for comparable size and age — largely because of the Dr. Charles Best secondary catchment.

How much is property transfer tax on a Coquitlam home?

BC's PTT is 1% on the first $200K, 2% from $200K to $2M, 3% from $2M to $3M, and 5% above $3M on residential. A $1.5M purchase pays about $28,000. First-time home buyers get a full exemption up to $835K and partial phase-out to $870K (current BC thresholds — verify on the BC government PTT page before relying on for your purchase).

How competitive is the Coquitlam market in 2026?

Conditions are balanced, not frenzied. Well-priced homes in strong catchments still attract multiple offers in the March–May and September–November windows. Between those windows, single-offer transactions dominate and buyer subjects are usually respected. Market behaviour differs substantially by submarket and price tier.

How long does it take to sell a home in Coquitlam?

Well-prepared, correctly-priced detached homes in strong catchments typically sell within the first few weeks. Over-priced or poorly-prepped listings often sit until a price reduction forces a sale. For exact days-on-market in your specific submarket and price tier, ask Craig for the live MLS® pull.

What's the typical commission to sell a home in Coquitlam?

Total commission in Coquitlam commonly ranges 3.5–5% of sale price, split between listing and buyer's agent. On a $1.5M home that's roughly $52,500–$75,000 plus GST. The number is negotiable; the service level behind the number is what matters more than the headline percentage.

Which Coquitlam neighbourhood has the best schools?

Who's the best realtor in Coquitlam?
Every realtor answers this the same way. The better question is: who's the best realtor for this specific search — move-up, first-time, Burke Mountain, Heritage Mountain, estate, pre-sale, relocation. The right answer is the one who can describe this neighbourhood without opening the listing. Craig Johnston, REALTOR® V99960, is a Top 1% Team Member — Greater Vancouver REALTORS®, Top 2% Team Member — Royal LePage nationwide, and Medallion Club Team Member. Full bio & credentials.

Westwood Plateau feeds into Scott Creek Middle and Dr. Charles Best Secondary — consistently among SD43's highest-performing schools. Port Moody's Heritage Woods Secondary draws from parts of upper Coquitlam. Burke Mountain's Gleneagle Secondary serves that catchment directly. All SD43 secondary schools post provincially competitive results.

Sources referenced on this page include the Real Estate Board of Greater Vancouver, BCREA, CMHC, the Government of British Columbia, School District 43, and the City of Coquitlam. Last reviewed 2026-04-20.

Also read Burke Mountain homes Heritage Mountain homes Westwood Plateau Book a Strategy Call with Craig

Current market snapshot

April 2026 GVR® benchmark prices and sales-to-listings ratios. No fabricated metrics — every number sourced from the monthly Greater Vancouver REALTORS® release.

Detached benchmark
$1,635,700
Coquitlam detached HPI benchmark, April 2026 GVR® (−7.7% YoY).
Townhouse benchmark
$1,008,100
Coquitlam townhouse HPI benchmark, April 2026 GVR® (−6.0% YoY).
Apartment benchmark
$664,000
Coquitlam apartment HPI benchmark, April 2026 GVR® (−8.5% YoY).
Sales-to-listings
30%
Coquitlam April 2026 weighted sales-to-new-listings ratio — balanced market.
The Difference

Why work with Craig on your Coquitlam purchase

1
I cover the whole Tri-Cities, not just one neighbourhood
Coquitlam buyers often end up in a different neighbourhood than where they started looking. I work every submarket — Burke Mountain, Westwood Plateau, Heritage, Coquitlam West, Maillardville, the original core — so your search isn't constrained by my blind spots.
2
I'm data-first on pricing
Every offer I write references recent sold comps — not list prices, not assessed values, not seller expectations. If we're offering $1.85M, you'll see the three recent comparables that justify it.
3
I work with your mortgage broker, not around them
Pre-approval quality varies. I work with your lender directly on the offer structure, financing conditions, and timing — because a blown financing condition is the #1 reason deals fall apart in BC.
About Craig
Craig Johnston, Coquitlam REALTOR

Craig Johnston

Licensed REALTOR® · Coquitlam & the Tri-Cities

I have spent the last 5+ years helping Coquitlam move-up buyers and sellers get from where they are to where they want to be — without the panic of owning two homes at once or selling under value. I work the Tri-Cities every day: Burke Mountain, Westwood Plateau, Heritage Mountain, and the rest of Coquitlam’s move-up neighbourhoods.

If you want a straight read on your timing, pricing, or move-up strategy, the fastest next step is a short call.

SpecialtyMove-up sellers & upsizers
CoverageCoquitlam, Port Moody, Port Coquitlam
Experience5+ years serving Coquitlam families
Book a Strategy Call with Craig →
From Craig

“The listed price on an MLS page is a starting position, not a verdict. I want my clients to understand what it actually sold for on the comparable three streets over last month — and what the seller is trying to hold out for on this one.”

Craig Johnston, REALTOR®
Craig Johnston
REALTOR® · Coquitlam
Deeper reads

More in this series

The resources below go deeper on the same topic. If you’re piecing together a full picture, these are the next logical reads.

Top 1% Team Member — Greater Vancouver REALTORS® Medallion Club Team Member President’s Club Team Member 47+ Years in the Tri-Cities

What Coquitlam clients actually say after working with Craig

Real reviews pulled from Google. No paid placements. No curated-only-positives. Every client below closed with Craig — most sold over asking, several within a week.

★★★★★

“Craig sold my property in just 6 days. After receiving one offer, he quickly reconnected with all the other REALTORS® who had viewed the property, and before I knew it, we had multiple offers — all over asking price. Craig didn’t stop there; he negotiated even better terms for me.”

Heather Fox
Sold with Craig · Over asking, 6 days
★★★★★

“We worked with Craig on three real estate transactions. In all cases he was extremely professional and efficient. In the case of the two sales, both houses were sold for over asking and within the one week of going on market. Craig analyzed the market accurately and advised on a selling price that was fair and saleable.”

Ann English
3 transactions · 2 sold over asking in a week
★★★★★

“Craig recently sold my townhouse in West Vancouver in less than 6 days for over asking price. Craig is one of the most prolific and highly motivated REALTORS® I have seen in the Realty business, and I have extensive experience buying and selling properties of all sorts.”

Riverplate Equities
West Vancouver townhouse · Over asking, 6 days
★★★★★

“We consider ourselves lucky to be able to work with Craig over the last 5 years, over multiple transactions. He is a professional who is guided by integrity, honesty, and punctuality. Craig is a seasoned and well-informed realtor who will be a great asset on any real estate journey.”

Jaeyoung Joo
Google Local Guide · 5 years, multiple transactions
★★★★★

“As first-time home buyers, we had a myriad of concerns. Craig immediately put us at ease by taking the time to address each of our questions thoroughly and patiently. At no point did I feel pressured or rushed into making a decision. Instead, Craig empowered us with all the facts and options.”

Jeff Kwok
First-time buyers
★★★★★

“One of the most dedicated and professional REALTORS® I’ve encountered. No matter the value of the property, Craig puts great care into preparing high-quality marketing content. With his in-depth knowledge of the Coquitlam area, I highly recommend Craig to anyone looking to buy or sell.”

Allan Liang
Coquitlam specialist
★★★★★

“His creativity, top-notch communication skills, and a solid plan were instrumental in selling high and buying low. His foresight in negotiation skills, predicting outcomes before they happened, truly set him apart. A remarkable professional who exceeded expectations.”

Matdori
Google Local Guide · Sold high, bought low
★★★★★

“Craig absolutely delivered on his promise of selling my condo, exceeding my expectations. A++ communications and he kept me informed and educated every single step of the way. Rock solid performance and a very quick above asking sale, I am beyond grateful.”

Rich & Andrew
Condo sold over asking
★★★★★

“We were referred to Craig by a friend and knew from day one we were in great hands. The marketing was outstanding — we received seven offers, and Craig held firm on our priorities. When we re-listed in January, it sold in three days at the price we wanted, and he went on to find us an off-market buy in Vernon.”

Jim Turnbull
7 offers · Sold at target price · Off-market buy in Vernon
Read the Google reviews →

More on Coquitlam Market Data

Keep Digging

Craig writes the Tri-Cities coverage most REALTORS® won't. Every page below is built on the same ground-truth data and the same negotiation playbook Craig uses for every client.

Craig Johnston, REALTOR® — Top 2% Team Member — Royal LePage nationwide · 47-year Tri-Cities resident, 9+ years on Burke Mountain
Craig Johnston · REALTOR® · Coquitlam
Top 2% Team Member — Royal LePage nationwide 47+ Years Tri-Cities Burke Mountain Resident Move-up Specialist
Craig Johnston, Coquitlam REALTOR®
Craig's take
"Coquitlam has changed more in the last five years than in the previous twenty. The playbook that worked in 2020 doesn't in 2026. Run current data or don't run it."
— Craig Johnston, REALTOR®
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Answers Craig gives

The three questions people ask Craig most on this topic.

Is Coquitlam a good investment right now?

Yes, for the right buyer with the right hold horizon. The under-$1.8M segment is the most interesting for 2026.

Where's the value in Coquitlam in 2026?

Port Coquitlam price-to-livability, Westwood for commuters, Burke for families with schools, Heritage for buy-and-hold. Different answers for different buyers.

Who should I work with?

Interview three, pick the one who can actually run your specific transaction.

What to read next

Pick the next step in Craig's Coquitlam playbook.

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