Where to buy real estate in 2019: Richmond, Delta and Tsawwassen, B.C.

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Rank	Neighbourhood	Area	Average home price (2017)	Value	Momentum	Average price vs. area	Avg. price vs. metro district	Avg. price vs. outer region	1-year price change	5-year price change	Final Star Rating
1	Sea Island	Richmond	$1,365,000	86.05	94.19	69.2%	73.80%	64.6%	43.09%	112.9%	★★★★
2	Bridgeport RI	Richmond	$1,304,762	80.23	76.74	75.8%	80.90%	70.8%	3.72%	95.4%	★★★½
3	Steveston South	Richmond	$1,539,000	65.7	68.02	85.5%	91.20%	79.9%	9.37%	75.2%	★★★½
4	Steveston North	Richmond	$1,475,000	56.4	79.07	91.2%	97.20%	85.2%	8.53%	88.3%	★★★½
5	South Arm	Richmond	$1,460,000	47.67	90.12	96.8%	103.30%	90.4%	9.02%	99.6%	★★★½
6	West Cambie	Richmond	$1,465,000	74.42	73.26	80.8%	86.20%	75.5%	15.86%	78.5%	★★★½
7	Steveston Village	Richmond	$1,430,000	68.02	49.42	85.4%	91.10%	79.8%	5.14%	58.9%	★★★½
8	Ironwood	Richmond	$1,300,000	83.72	54.65	75.2%	80.30%	70.3%	3.89%	63.0%	★★★½
9	Westham Island	Delta	$193,125	100	44.19	32.5%	30.60%	16.1%	-90.88%	94.7%	★★★½
10	Hamilton RI	Richmond	$1,636,000	94.19	52.33	58.9%	62.80%	55.0%	16.51%	52.7%	★★★
11	McNair	Richmond	$1,415,000	72.09	56.4	82.3%	87.80%	76.9%	2.22%	66.6%	★★★
12	Tsawwassen East	Tsawwassen	$1,312,500	45.35	76.16	111.4%	88.10%	77.1%	3.00%	84.6%	★★★
13	Beach Grove	Tsawwassen	$1,187,608	76.74	51.74	90.1%	70.00%	61.3%	-2.80%	80.7%	★★★½
14	Ladner Elementary	Delta	$1,050,750	50	59.88	107.9%	101.40%	53.6%	-2.06%	71.0%	★★★
15	Pebble Hill	Tsawwassen	$1,282,554	61.63	58.14	102.7%	80.40%	70.4%	0.99%	67.4%	★★★
16	East Cambie	Richmond	$1,251,000	77.91	36.05	76.4%	81.50%	71.4%	5.05%	54.5%	★★★
17	Tsawwassen Central	Tsawwassen	$1,245,402	73.26	53.49	91.1%	73.00%	63.9%	-0.48%	69.1%	★★★
18	Cliff Drive	Tsawwassen	$1,155,446	93.6	23.26	44.0%	68.20%	59.7%	-10.35%	60.4%	★★★
19	Boyd Park	Richmond	$1,530,000	34.88	73.84	102.8%	109.60%	96.0%	6.60%	96.8%	★★★
20	Boundary Beach	Tsawwassen	$1,254,967	84.88	8.14	77.7%	69.60%	61.0%	-25.78%	45.4%	★★★
21	Saunders	Richmond	$1,657,500	39.53	47.67	102.7%	109.60%	95.9%	-1.00%	71.0%	★★★
22	Gilmore	Richmond	$1,950,000	2.33	100	392.3%	418.50%	366.5%	93.16%	268.1%	★★★
23	Brighouse South	Richmond	$2,040,000	52.91	47.09	91.9%	98.00%	85.8%	65.46%	-13.2%	★★★
24	Seafair	Richmond	$2,000,000	21.51	75	114.4%	122.00%	106.8%	9.45%	79.2%	★★★
25	Delta Manor	Delta	$970,000	46.51	53.49	111.0%	104.40%	55.1%	10.64%	64.3%	★★★
26	Woodwards	Richmond	$1,598,000	59.88	32.56	91.1%	97.20%	85.1%	1.05%	61.0%	★★½
27	Westwind	Richmond	$1,682,500	43.02	49.42	101.2%	108.00%	94.6%	-2.74%	68.1%	★★½
28	Holly	Delta	$1,015,000	52.33	38.95	107.2%	100.80%	53.2%	2.55%	58.3%	★★½
29	Hawthorne	Delta	$1,010,000	34.88	41.28	122.5%	115.20%	60.8%	-1.75%	62.4%	★★½
30	Port Guichon	Delta	$846,500	70.35	14.53	94.6%	88.90%	46.9%	-8.44%	38.5%	★★½
31	Ladner Rural	Delta	$960,000	12.21	77.33	186.3%	175.20%	92.5%	-7.70%	155.4%	★★½
32	Garden City	Richmond	$1,762,500	63.37	12.21	89.9%	95.80%	83.9%	-13.40%	50.3%	★★½
33	Quilchena RI	Richmond	$1,799,500	37.21	54.07	102.8%	109.60%	96.0%	-0.86%	74.9%	★★½
34	McLennan North	Richmond	$1,901,500	19.19	64.53	117.9%	125.80%	110.2%	0.17%	91.6%	★★½
35	Granville	Richmond	$2,030,000	11.05	59.3	127.2%	135.60%	118.8%	11.25%	66.4%	★★½
36	Riverdale RI	Richmond	$1,850,000	16.86	48.84	119.2%	127.20%	111.4%	-6.87%	71.7%	★★½
37	Neilsen Grove	Delta	$969,000	55.81	9.88	106.7%	100.40%	53.0%	-15.85%	43.8%	★★½
38	Lackner	Richmond	$1,860,000	31.4	39.53	107.0%	114.10%	99.9%	-5.19%	69.0%	★★
39	East Richmond	Richmond	$2,979,444	6.4	69.77	139.2%	148.50%	130.1%	0.22%	71.8%	★★
40	Broadmoor	Richmond	$2,300,000	8.72	28.49	129.4%	138.00%	120.9%	-3.20%	58.5%	★★
41	English Bluff	Tsawwassen	$1,676,778	50.58	13.37	100.0%	97.60%	85.5%	-9.66%	50.6%	★★
42	McLennan	Richmond	$1,812,500	13.37	26.16	125.6%	134.00%	117.3%	-8.59%	61.5%	★★
43	Terra Nova	Richmond	$1,962,500	23.84	17.44	113.3%	120.90%	105.9%	-1.23%	41.2%	★★

Value: Measures how affordable the neighbourhood is compared to the surrounding area and the region overall
Momentum: Measures how quickly prices are appreciating in this neighbourhood, with an emphasis on long term appreciation

For more, please see our complete methodology

Top 3 neighbourhoods to buy

1. Sea Island, Richmond

This year, Sea Island in Richmond, B.C., ranked an impressive No. 3 across Greater Vancouver. For buyers familiar with Richmond, it may be hard to imagine living in this top-rated spot; Sea Island is best known as the location of Vancouver International Airport—a bustling hub for domestic and international passenger travel, as well as commercial global shipping. Still, residents of Sea Island know the area offers more than the airport, parking lots and the McArthurGlen Designer Outlet mall (populated with luxury or higher-end stores to attract shoppers from the mainland as well as tourists with money). In fact, it’s a strong-knit community that offers access to 140.1 hectares of protected ecological land, including two beaches. Within Sea Island sits Burkeville, where you’ll find just over 730 permanent residents. There’s a small northern section of the island where the Musqueam Indian Band live. While some newer homes in this area have been built where older, cottage-like homes once stood, very little else has changed in the community. This offers an old-world charm. The homes sell for more than 30% less than the average-priced home in surrounding Richmond, B.C., communities. When compared to all of Richmond, homes on Sea Island are priced, on average, more than 26% less, and 45% less when compared with the average across Greater Vancouver. The area doesn’t get top marks from Realtors, however, because there isn’t much room for change or advancement; the only real option is to purchase an older cottage-style home and then to modernize or teardown and rebuild. Still, for those who work in downtown Vancouver or want a short commute to surrounding areas, Sea Island offers exceptional car-commuter access to main thoroughfares, as well as excellent access to public transit options.

2. Bridgeport, Richmond

Just across from Sea Island on the other side of the Fraser River is our No. 2-ranked spot. Like others on our list, Bridgeport is dominated by a thriving commercial sector—it’s where you’ll find Costco as well as the popular, and now infamous, River Rock Casino. Residents who live in Bridgeport must like the busy, urban life offered by Richmond. Not only are they surrounded by stores and other urban amenities, they have easy access to the popular weekly Richmond Night Market—it’s the largest night market in North America and, since its inception in 2007, has become an international sensation, attracting more than 1 million visitors each year. The move towards commercial development will be even greater in the future. The City of Richmond’s master plan does not allow for any new residential builds in this community, but it is promoting the redevelopment of under-utilized land for commercial and business purposes. For instance, the City approved a plan by Chunghwa Investment that proposes a new commercial development on a large parcel of land just east of Costco and the Oak Street Bridge. This new business hub includes four mid-rise buildings, which will offer two office buildings as well as two hotels operated by Marriott International. For current residents or those choosing to remain really, really close to the main urban centre for Richmond, this neighbourhood is a prime location. Better still, homes in this community sell for just under 25% less than surrounding neighbourhoods, 19% less than the average house price for Richmond, and 29% less than the average for Greater Vancouver.

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3. Steveston South, Richmond

On the southwestern tip of the island is Steveston Village, which has a working harbour and could be considered the heart of Steveston South. As a well-established community, Steveston South offers that small-town feel inside a large urban centre. Its proximity to the City of Vancouver and Vancouver International Airport make this neighbourhood a popular choice for families and for businesspeople who must travel domestically and internationally. The average price for a house here is 14.5% cheaper than in other nearby communities, and more than 8% cheaper than the average price of a house in Richmond as a whole. Better still, Steveston South is more than 20% cheaper than average-priced houses in Greater Vancouver.

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