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Area guide

Richmond real estate

Richmond offers Canada Line access, city-centre apartments, established residential neighbourhoods and Steveston’s waterfront setting. Compare the building, site and journey you need rather than treating proximity to the airport or rail as a guarantee of value.

Fishing boats at Steveston harbour, Richmond
Fishing boats at Steveston harbour, RichmondUnsplash — Luke Lawreszuk

$1,775,200

Greater Vancouver benchmark, detached

-5.2%

1-year change (composite)

Not published

Average days on market (detached)

13.4%

Sales-to-active ratio (all types)

MLS® HPI and board statistics, October 2026. Board-level context, not neighbourhood prices. Data deemed reliable but not guaranteed. Source: October 2026 board report.

For a city-centre condo, check the full walk to transit, noise, parking and the building’s maintenance history. In Steveston and other established neighbourhoods, compare the individual street, property condition and access to daily services using recent local sales.

For a commercial property, verify permitted use, servicing, access and occupancy requirements. For any purchase, ask your lender and insurer about the specific address and proposed use before assuming financing or coverage will be available.

Current transport

Use TransLink’s trip planner to compare the complete journey, including transfers.

Building review

Read strata documents and inspection findings alongside the advertised features.

Site due diligence

Investigate property-specific risks and obtain financing and insurance advice before committing.

Common questions about Richmond

How should I investigate flood risk in Richmond?
Review the property’s site information and relevant municipal flood-protection information with qualified advisors. Ask insurers and lenders about the specific property, coverage limits and financing conditions; a regional description cannot establish the risk or insurability of one home.
How should I compare Richmond condos?
Compare completed sales in similar buildings, then review fees, reserves, maintenance, insurance, bylaws and proposed work. Test the daily journey and assess the total ownership cost rather than assuming transit proximity guarantees rental demand or appreciation.

Nearby area guides

Working in Richmond? Call +1 (604) 341-1801 or send a note — Rachel replies within one business day.