East Richmond homes for sale

What kind of homes are in East Richmond?

East Richmond is a detached-house neighbourhood. 65% of the homes on the market are single-family houses on their own lot, so the supply is set by how many owners decide to sell in a given season.

The next largest group is condos, at 22% of what is listed.

Construction dates are spread out. The median home for sale dates to 1992, with most of the market falling between 1958 and 2020, so condition and updates vary a lot from listing to listing.

What do you actually get for the money?

65% of the homes for sale have four or more bedrooms, though smaller 2-bedroom homes still turn up regularly. Family-sized space is the norm here rather than the premium option.

A typical listing here offers about 3,929 sq ft of living space and 4 bathrooms.

Where a lot is reported, the median is 149,846 sq ft, which is what sets the ceiling on additions, laneway homes and future redevelopment.

Strata or freehold?

22% of the active listings are strata-titled and the rest are freehold, so the ownership question is a live one in East Richmond rather than settled by the neighbourhood.

Across the 5 listings that disclose one, the median strata fee is $862 per month. Read it against what it covers before comparing two buildings on price alone.

Getting around East Richmond

There is no rapid-transit station in East Richmond, but 57% of the listings are within reach of a frequent bus route.

Across 21 scored listings the median walk score is 19 out of 100, computed from real walking routes. Day-to-day errands here usually involve a drive or a bus.

Setting and surroundings

17% of the current listings are waterfront, which is rare enough anywhere in the region to shape pricing on the streets around them.

A view is claimed on 52% of the listings. Views are priced aggressively and are the first thing a new tower can take away, so it is worth checking what protects one before you pay for it.