Richmond is one of the coastal cities located in the British Columbia province of Canada. Richmond is composed of eight local areas:
- City Centre
- East Richmond
- Sea Island
- South Arm
- West Richmond
Richmond Olympic Oval was used as a venue for various long track speed skating events during the 2010 Winter Olympics. The estimated population of the city as per the 2016 census was 198,309 people and among them, 60% are immigrants, which is the highest number of immigrants living in Canada.
You can buy through EstateBlock various apartments for sale Richmond and before you decide to buy, you must be aware of various pros and cons of living in this city.
Let us first talk about the pros that are as follows:
1. Richmond is very near to the downtown
Without much traffic, you can commute from anywhere in Richmond and reach downtown Vancouver within 20 to 30 minutes.
However, during rush-hour traffic, that time may be a little more, but various public transportation options can help to mitigate that. If you want to travel to the US very frequently, then you are a little close to the border.
2. You can get great food and schools
There are good numbers of exceptional schools available within the city borders. The best part about all these schools is that most of them are public schools and hence you need not pay exorbitant tuition fees.
The food available in Richmond is also really superb. You can get Indian, Chinese, Greek, or Japanese foods and a few top-rated restaurants can offer Lamajoun, Chef Hung Taiwanese Beef Noodle, etc.
3. West Dyke Trail and Steveston village are located
The West Dyke trail the most beautiful and scenic place you can find in the world. Many people also use the West Dyke for leaving from the city’s hustle and bustle. It is also very relaxing to walk and a very nice way to start your day!
4. Shopping places
Richmond has several great shopping places like the Lansdowne Centre, Richmond Centre Mall, and also the newly built McArthurGlen Designer Outlet.
The following are a few cons of Richmond:
1. Home prices in Richmond are high
Recently, the prices of the home have also increased in Richmond and the average price for any detached home is almost $1.6 million now. If you go for a townhome, that figure may decrease to $913,000. The price of condos will be available at about $550,000.
All these prices are almost 60% more than the cost of any property that you can easily get in Vancouver. Even by locating just about 30 minutes south, it is possible to save hundreds of thousands for your house prices.
2. Crime is rising in Richmond
Although crime in Richmond is not too bad, however, now it is increasing steadily, that is what the latest data is indicating. In 2018, out of 229 spots, Richmond has come at position 85. Certainly, it is not the worst place but also not the best too.
3. Flood plain
Richmond is also a flood-prone area and one day it will surely be under the water.