8831 Foster Rd, Richmond, BC, MLS^® R2972961

Welcome to 8831 Foster Road, a charming residence in the heart of Richmond, BC. This beautiful property, listed as MLS^® R2972961, is surrounded by excellent schools, safe neighborhoods, and a wide range of lifestyle amenities.

Let's start with the educational institutions in the area. The property is serviced by W D Ferris Elementary School, which is just 0.56 km away. This school has a rating of No Rating, but families love this area because of its strong community values and excellent educational opportunities. Just down the road, you'll find Richmond Secondary School, another great option for students, located 1.29 km from this home.

In addition to these public schools, there are also several independent schools in the area. St. Paul School, an elementary independent school, is just 0.74 km away and has a rating of 10/10. Richmond Christian School, a secondary independent school, is 3.79 km from this home and has a rating of 9.3/10. These schools offer a great alternative for families who want a different educational approach.

Now, let's talk about the safety of the neighborhood. According to the latest crime data from Statistics Canada (2020), there were 16,909 volation disturbances in this area. The overall crime rate near 8831 Foster Road, Richmond, BC is 7,826.57, which is considered Average compared to other Canadian cities. However, it's worth noting that the drug crime rate is High, with a rating of 2,081.96. Fortunately, the violent crime rate is Low, with a rate of 919.25, and has remained relatively stable over the years.

The neighborhood is also close to public transportation, with the Southbound No. 3 Rd @ Penny Lane bus station just 0.25 km away from this listing with MLS^® R2972961.

In terms of demographics, 36.2% of people in this neighborhood have a university certificate or degree, which is High compared to other BC neighborhoods. However, 13.2% of the population has no certificate or degree, which is Below Average. The median household income is $63,898, which is Average compared to the British Columbia average. The median personal income is $20,875, which is Low compared to the BC average. Interestingly, 53.1% of households in the area have a mortgage, which is Below Average.

The unemployment rate in the area is 5.1%, which is Low compared to other provinces. However, the population growth rate between 2011 and 2016 was -0.6%, which is Below Average.

The community around 8831 Foster Road, Richmond, BC is also very family-friendly. The average size of families in the area is 3, which is Above Average. 71.9% of families in the area have children, which is High. The average age of the population is 42.5, which is Average.

In terms of housing, the average value of dwellings in this neighborhood is $1,562,970, which is High compared to other areas in British Columbia. The average owner payments are High, with owners spending an average of $1,900 per month. Tenants are paying $1,666 per month, which is also High.

Only 10.6% of the population in this area are renters, which is Below Average compared to other BC cities and areas. The majority of the population (78%) uses cars as their primary mode of transportation, which is Below Average. However, 15.3% of the population uses public transport, which is Above Average.

Overall, 8831 Foster Road, Richmond, BC is a great place to call home, with its excellent schools, safe neighborhood, and wide range of lifestyle amenities. As an experienced realtor, I highly recommend this property to anyone looking for a beautiful and convenient home in the heart of Richmond, BC.

MLS^® R2972961