Real estate in Coquitlam and Surrey just got a whole lot pricier after the province announced three new SkyTrain lines yesterday.

“It will add billions to property values,” said Don Campbell, president of the Real Estate Investment Network.

North American studies show properties increase 20 per cent if they are within 1,000 metres of transit stations. If the property is up-zoned to high-density residential, the value jumps a further 100 per cent.

Campbell has a tip for anyone owning a property near a line or thinking of buying one.

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