New Richmond Real Estate in BC Property Provides a Wealth of Condo and Townhome Choices
Richmond BC real estate has always been affordable and undervalued for the most part. From new condos to presale apartment residences and from family style townhomes and town houses to master planned single family homes, the pre-construction Richmond real estate market BC developments provide sustainable, affordable housing for singles, young families and retired people.

Richmond BC is well known for its diverse residents and from the latest 2006 BC census, Richmond real estate residnets are more than 50% minority. What this means is that more than 50% of the Richmond population is now of a visible minority, mainly Asian decent including Chinese, Filipino, Vietnamese, Japanese, Korean and many others. This multiculturalism has created a unique muniticipality and definity a burgeoning real estate market in Richmond BC where you have a great opportunity to purchase a wide range of different Richmond housing.

What's Next for the Richmond Property Market Coming Upon the Olympics?
These are exciting times for Richmond real estate, first with its reconstruction of No. 3 Road, the main artery in and out of the city as well as the BC Transit BLine route to link the airport and downtown Vancouver Waterfront station. Now, with the 2010 Olympics upon us, Richmond real estate will again see a big boom as the new RAV Skytrain Line will begin service in a year or so and transport people to and from Richmond to the Airport and downtown Vancouver. This great connection will definitely impact property prices in and around the SkyTrain stations in the Richmond real estate market, so if you currently own a Richmond property within 500 metres of the stations, you should keep it and see a great capital gain appreciation within the next few years. In addition, Richmond BC is also the home of several sporting events for the 2010 Olympics, which makes it exciting and will showcase the multiculturalism of this unique city in Greater Vancouver. Asian supermarkets and malls are popping up everywhere and even some street signs have Chinese characters. Dim sum, Japanese BBQ and Korean foods are among some of the favourites for local residents. And then, you have the impressive shopping in Richmond real estate market that includes the colossal Richmond Centre and Lansdowne Park.

What New Richmond Real Estate Developments are on the Go?
If you are looking to purchase a presale or new condo residence in Richmond, now is the time to do so. There are currently more than ten Richmond condo pre-construction real estate developments going on in the city that includes everything from Mandalay Residences, Garden City on the Park (the one that went into receivership sales), Paloma 2, London Station and Camino Homes to name a few project developments. In addition, first time home buyers can seek great sized and affordable Richmond condominiums in these new developments with many studio and one bedroom suites available at preconstruction pricing. For younger couples, there are two bedroom suites available at pre-sale pricing at each of the listed Richmond condo projects. As for familiies, well, there is a lot of choice of new homes as well. Richmond real estate presents many new presale townhomes and townhouses in addition to master planned single family detached homes for the growing family at good pricepoints. In addition, many Richmond BC residents like to retire within the same city that they grew up in, and the pre-construction Richmond real estate market has allowed them to do so without having to sacrifice lifestyle, cost and other pertinent details that are associated with retirement and senior living. The new Richmond property market is about sustainability and making sure that these new neighbourhoods protect the parkland, water and environment that many residents here so cherish. Developers in the Richmond BC property market are aware of this, and many of the new Richmond condo developments will feature geothermal heating and cooling, rain water irrigation system and other low impact material construction use during development.

What Are The Most Common Neighbourhoods and Districts for Richmond Property and Condos?
Well, as indicated above, the BC Richmond real estate market has slowed down jus a bit in order for home buyers to catch up. This bodes well for first time homebuyers seeking their first condo, as there is a wealth of listings to choose from these days. From older resale condominiums to new Richmond condo presales, the city provides affordable housing for all lifestyles. In addition, the popular areas of Garden City, No. 3 Road property and properties and homes close to Lansdowne Mall and Richmond Centre are also sprouting everywhere with great deals. If you prefer the waterfront, why not try Steveston real estate in Richmond BC? There, you can purchase pre-construction waterfront Steveston condos at affordable costs as well. The other type of housing that is scattered throughout Richmond are family sized two to three bedroom town homes and townhouses that seem to be a popular draw amongst retired couples and young families starting to have children and pets. These spacious floor plans provide enough square footage to feel comfortable, and many presale Richmond townhomes have detached or attached garages as well for added convenience. Whatever you are looking for the Richmond real estate market can provide you the suitable home for years to come.