3340 River Rd, Richmond, BC, MLS^® R3076956

Welcome to the charming neighborhood of Terra Nova in Richmond, BC. As we walk through the community, you'll notice the beautiful architecture and serene atmosphere that makes this area so desirable. Let's start with the schools – a top priority for many families.

We're fortunate to have Spul'ukwks Elementary School, a highly-rated institution within a 0.42 km radius of 3340 River Road, MLS^® R3076956. While the school itself doesn't have a formal rating, its proximity to this home for sale makes it an attractive option for families. Additionally, St. Joseph the Worker School, an independent elementary school, is just 3.66 km away, and City Vancouver Academy, a secondary independent school, is 4.67 km from this address.

Now, let's talk about safety. According to the latest crime data from Statistics Canada (2020), this neighborhood has an overall crime rate of 7,826.57, which is considered Average compared to other Canadian cities. This means you can enjoy peace of mind knowing your community is generally safe. However, it's essential to note that the drug crime rate is slightly higher, with a rating of 2,081.96, indicating a High level of illegal substances offenses in the area. Nonetheless, the year-by-year change in the illegal substances offenses ranking is 19.46%, which might be a cause for concern.

In contrast, property crimes in the neighborhood are Average, with a rating of 3,238.66. There were 6,997 property misconduct incidents in the area in 2020, and the year-by-year change in the property misconduct rate is -14.19%. On a positive note, the violent crime rate is Low, with a rating of 919.25, which means this community is relatively safe.

As we explore the neighborhood, you'll notice the convenient access to public transportation. The closest bus station is Southbound No. 1 Rd @ Westminster Hwy, just 0.69 km away from this listing with MLS^® R3076956.

Now, let's delve into the demographics of this area. A significant 42.7% of the population holds a university certificate or degree, which is High compared to other BC neighborhoods. Conversely, 11.3% of the population in this area has no certificate or degree, which is Low compared to the average in BC.

In terms of income, the median household income near this dwelling is $69,717, which is Average in comparison to the British Columbia average. However, the median personal income is $25,160, which is Low in comparison to the BC average. Notably, the percentage of households with a mortgage is 50%, which is Below Average.

Unemployment rates in the area are also Average, with a rate of 7.2%. This is in line with other province neighborhoods. When it comes to population growth, the area around 3340 River Road, Richmond, BC has experienced a Low rate of -3.8% between 2011 and 2016.

In terms of family dynamics, the average size of families in the area is 2.9, which is Average in comparison to the whole region. A significant 69.6% of families in the area have children, making it a High percentage. Furthermore, 66.3% of the population is married or living in a common-law relationship, which is Above Average.

The average age of the population in the area is 41.3, which is Average in comparison to other BC cities. The average value of dwellings in this neighborhood is $1,295,237, which is High compared to other areas in British Columbia.

In terms of owner and tenant payments, the average owner payments are High, with $1,694 spent on dwellings. Tenants are also paying a high average of $1,689 in this district near MLS^® R3076956.

As we explore the community, you'll notice that 11.2% of the population in this district is Renters, which is Below Average compared to other BC cities and areas.

Lastly, let's talk about language and transportation. The percentage of English and French speakers in the area is 4.6%, which is Below Average. However, 82.7% of the population speaks only English, which is also Below Average. Interestingly, 13% of the population in the area speaks neither English nor French, which is High compared to other BC cities.

In terms of transportation, 14.2% of the population uses public transport, which is Average. 81.7% of the population uses cars, which is also Average. 0.9% of the population uses bicycles, and 2.8% of the population walks, which is Below Average.

In conclusion, 3340 River Road, Richmond, BC, MLS^® R3076956