VANPLEX
David Babakaiff
Written by David Babakaiff — Co-Founder, VanPlex | 25+ Years BC Construction

By City | Richmond

New ground-oriented home prices in Richmond

Richmond is the most townhouse-dominated market in the region. Almost all of the newly built ground-oriented stock is in complexes rather than on rebuilt single family lots, which shapes both the price and the monthly cost.

The short answer

92 newly built townhouses, half duplexes, and row houses are active in Richmond. The median lists at $1,363,800 for 1,381 sq ft at $918 per square foot. That is 11% above the regional median per square foot, on a home 13% below the regional median size.

Active listings
92
Median price
$1,363,800
Median per sq ft
$918
Median size
1,381 sq ft

Newly built ground-oriented homes in Richmond

92 active listings

Median list price
$1,363,800

typical range $975,000 to $1,782,000

Median price per sq ft
$918

typical range $745 to $1,099

Median size
1,381 sq ft

typical range 1,207 sq ft to 1,977 sq ft

Median strata fee
$456

typical range $326 to $812

69 of 92 listings state one

Median annual property tax
$3,308

typical range $1,298 to $4,937

20 of 92 listings state one

Measured across 92 active listings on .

How prices work in Richmond

Hamilton, Steveston North, Brighouse, McLennan North, and Saunders carry most of the active inventory, and every one of them is townhouse rather than half duplex. That makes Richmond the mirror image of Burnaby: smaller homes, higher strata fees, and a very different way of living.

The flat ground is a real, practical advantage that price tables do not capture. Richmond has no slopes worth speaking of, the streets are wide, and the cycling network is unusually good. For a family with young children or anyone with limited mobility, that is worth more than a square foot count suggests.

Strata fees run above the regional median. Complexes here tend to be larger with more shared amenities, and larger complexes cost more to run. Read what the fee includes before comparing it to a Burnaby half duplex fee, because they are funding completely different things.

Hamilton sits at the eastern edge against the Burnaby and New Westminster boundary and prices well below Steveston or Brighouse. It is the clearest example in this city of how much the specific neighbourhood matters.

Price per square foot by neighbourhood

Most expensive first. Only neighbourhoods with four or more active listings appear, because below that a single home moves the figure enough to mislead.

  • Steveston North 17 listings $1,074
  • Saunders 6 listings $1,036
  • Quilchena 5 listings $1,017
  • Woodwards 4 listings $978
  • McLennan North 7 listings $967
  • Granville 4 listings $940
  • Brighouse 12 listings $914
  • Hamilton 22 listings $768
  • Bridgeport RI 4 listings $764

Every Richmond neighbourhood with active inventory

Newly built ground-oriented homes in Richmond. Median size in square feet.
Neighbourhood City Active Median price Per sq ft Median size Townhouse / half duplex
Steveston North Richmond 17 $1,438,000 $1,074 1,363 15 / 2
Saunders Richmond 6 $1,348,800 to $1,484,300 $943 to $1,139 1,363 6 / 0
Quilchena Richmond 5 $1,273,900 to $1,678,760 $978 to $1,107 1,302 5 / 0
Woodwards Richmond 4 $1,597,600 to $1,725,600 $975 to $990 1,696 0 / 4
McLennan North Richmond 7 $1,118,400 to $1,406,000 $843 to $999 1,416 7 / 0
Granville Richmond 4 $1,310,000 to $1,596,000 $911 to $969 1,478 4 / 0
Brighouse Richmond 12 $1,171,900 $914 1,403 12 / 0
Hamilton Richmond 22 $992,000 $768 1,289 22 / 0
Bridgeport RI Richmond 4 $1,149,330 to $1,569,000 $730 to $774 1,959 4 / 0

A dash means fewer than four active listings, which is too few to publish a figure for. Rows with four to seven listings show a range instead of a median.

What a table cannot tell you

  • → Nearly everything here is a strata townhouse, so budget for the monthly fee from the start.
  • → Complexes are larger than the regional norm, which usually means more amenities and a higher fee.
  • → Flat ground and wide streets make this one of the easier places in the region to live without stairs outside the home.
  • → Steveston and Brighouse are separate markets on price. Compare within a neighbourhood, not across the city.

Richmond against the region

Price per sq ft

$918

11% above the regional $824

Median size

1,381 sq ft

13% below the regional 1,586 sq ft

Median strata fee

$456

from 69 of 92 listings that state one

Every newly built home in Richmond, on the map

The neighbourhood table tells you what each area costs. This tells you where each area is, and how far apart they really are. Click a pin for the photo, the price, and a link into Street View.

86 of 92 homes plotted. 6 listings have no coordinates in the feed and cannot be placed. Click a pin for the photo, the price, and a Street View link. Zoom with the plus and minus buttons or by pinching.

Newly built homes for sale in Richmond

68 more active listings are not shown here. Search every Richmond listing . Prices are the list price. Most new homes have GST added on top.

Common questions

What does a newly built townhouse cost in Richmond?

The median list price across 92 active newly built ground-oriented listings in Richmond is $1,363,800, at $918 per square foot for a median 1,381 sq ft. The figure covers townhouses, half duplexes, and row houses built in the last two years.

Why are Richmond strata fees higher?

Because the complexes are larger and carry more shared amenities. A development with a clubhouse, an exercise room, and extensive grounds costs more to run than a two-owner half duplex strata, and the fee reflects that. Check what your fee actually includes, since water and hot water are sometimes in it.

Are there any half duplexes in Richmond?

Very few. The newly built ground-oriented stock here is overwhelmingly townhouses in complexes. If a half duplex is what you want, Vancouver, Burnaby, and Surrey carry far more of them.

Which Richmond neighbourhood is the best value?

Hamilton consistently prices below the rest of the city per square foot. It sits at the eastern edge near the Burnaby boundary, so the trade is a longer trip to central Richmond and a shorter one east.

Which Richmond neighbourhood is cheapest per square foot?

Bridgeport RI, at $764 per square foot across 4 active listings. The most expensive is Steveston North at $1,074.

How often are these numbers updated?

They are recalculated from active MLS® listings every time the site is rebuilt, and were last measured on 2026-08-11. They describe what is on the market now rather than what has sold.

Where these figures come from

See the homes behind these numbers

Every figure on this page comes from listings you can open. Search the full set of newly built townhouses, half duplexes, and row houses, and filter by price, bedrooms, freehold or strata, pets, and parking.

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