Richmond is located 16 miles northeast of San Francisco in northern Contra Costa County. Richmond's history is steeped in shipping, but after the 1940s the city fell on hard economic times; however, the ever-growing Bay Area is starting to revive the city.
Buying a home in Richmond is considerably cheaper than the rest of...
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Richmond is located 16 miles northeast of San Francisco in northern Contra Costa County. Richmond's history is steeped in shipping, but after the 1940s the city fell on hard economic times; however, the ever-growing Bay Area is starting to revive the city.
Buying a home in Richmond is considerably cheaper than the rest of the Bay Area, but that is quickly changing. Now is probably a good time to invest in Richmond real estate, before home prices catch-up with the rest of the area. One of the gems of Richmond is Point Richmond, a small section of the city situated on the bay.
This area is quaint with independent shops, boutiques, grocery stores, and a Yacht Club. Crime rates are going down as the town's economy starts to improve. The schools in Richmond are continuing to develop along with the city. 11,623 students attend the high school in Richmond, but the student-teacher ratio is low at 1:20. Richmond has an impressive number of high school graduates at 90%, and 70% of those graduate go on to pursue higher education options. Buying a home in Richmond will put you near wine country, the Bay, and within driving distance of Tahoe.
Richmond has some of the best weather in the country as well. The good schools, diverse community, easy access to the surrounding beauty of the Bay Area, and proximity to Silicon Valley and San Francisco all contribute to Richmond's growing popularity and booming real estate market.
In February 2010, the average home sales price for a single family home or condo in Richmond was $181,900. While this data is collected from the MLS and deemed reliable, it is not guaranteed.
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