Richmond Real Estate Market

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Richmond is an island city. It is made up of a number islands in the Fraser River delta. It is just one meter above sea level. It was prone to flooding, especially during high tide. Therefore, major islands are now surrounded by a system of dykes, which serve to protect the town. Also, since it occupies land in a river delta, the city has plenty of rich soil for agriculture. Richmond is a culturally unique community. As of 2021, the city has an estimated population of 209,937 people with 60 percent being immigrants, the highest proportion of immigrants in Canada. Majority of immigrants are Chinese. Richmond has been experiencing growth and change, transforming from a rural, local community to an international city with a balance of urban, suburban family and rural areas. The city is 20 minutes from downtown Vancouver and 25 minutes from US border. It’s the location of Vancouver’s international airport.  The SkyTrain, Canada Line, speeds up transit system and connects Richmond to other
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Bungalow Style Properties in Brentwood Park, Burnaby, BC

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Map of Brentwood Park

Brentwood Park is a very interesting area. New modern high rise buildings are on the south side, and single family houses are located in the middle and north side. A lot of them are bungalow style built in the 1950’s.  They are well maintained, and the size of each lot is large with nice spaces between houses. The whole area is quiet and neat.  It is a very convenient area. Hastings Street is on the north side which is commercial area. Brentwood center is located on the south side. The SkyTrain and freeway are near by. Also, Holy Cross Elementary School is in this area, and ranked #1 in the Province.  Burnaby Hospital is only a few minutes driving distance.


Data of Burnaby Market

The table above lists detached property MLS HPI price in each sub-area of Burnaby since 2015. The price in Brentwood Park is in the middle level in All Burnaby sub-areas.  Also, some pictures in a short video would give some visual ideas with the area. You may like it.  If you would like to know more detail market in Burnaby, please click here or contact me at awang@macrealty.com











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