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Richmond Hill Real Estate

"NEW ASIAN HEIGHTS"

One of four predominantly Asian segments, New Asian Heights reflects the emergence of younger, educated singles and couples living in new high-rise buildings in the urban fringe of Toronto and Vancouver. Nearly three-quarters are foreign-born, most having immigrated since 1990. Almost 40 percent speak a non-official language, with high rates for Mandarin and Cantonese. Still early in their careers, these young adults earn relatively modest salaries from jobs in the sciences, arts and culture, and information and technology. But their parents may be helping with their steep housing costs; the average dwelling value is nearly $500,000.
The increasing popularity of condo living among younger Canadians is evident in New Asian Heights, where nearly 90 percent of households are condo owners or renters. And with relatively few raising children, residents here have enough disposable income to enjoy a lively lifestyle close to downtown amenities. These fitness-conscious households score high for practicing yoga, jogging and working out at a health club. Many also lead busy online lives, logging on to websites for dating, finding jobs and connecting with friends. With their openness to diverse cultures, they respond to marketing messages that support Multiculturalism.

Star House Realtors help sellers to find their true market value of their properties by giving them insight on how the market ranks the houses and different types of them at the real moment. The encouragement to move out of neighborhood is so much justified as cashing out and moving to suburbs and no else.

Contact Us for Accurate and curated home valuation if you are a resident in Richmond Hill. Our knowledgeable realtors will save you time and care for your financial wellbeing!

https://www.condo-house.ca/sell.php

Richmond Hill Listings Summary

Richmond Hill - Town vs. Region Stats

Avg Price in Richmond Hill: $1,824,100 / Region Avg $1,847,500

99%

Avg Taxes in Richmond Hill: $6,600 / Region Avg $6,300

106%

Avg Sq. Ft. in Richmond Hill: 2,041 / Region Avg 2,108

97%

Avg Price per/sqft in Richmond Hill:$894 / Region Avg $876

102%

Avg Walkscore in Richmond Hill: 35 / Region Avg 33

106%

Avg Year Built in Richmond Hill: 1996 / Region Avg 1997

100%

Avg Days on Website in Richmond Hill: 42 / Region Avg 41

102%

Richmond Hill Real Estate Market Health

New Listings