Terra Nova is Richmond's an active real estate market. With 28 active listings and a 7.1% absorption rate, it is currently a Buyer's Market. Houses in Terra Nova average $2,551,900 sold.
| Type | Avg Sold Price | Sold (30d) | Avg DOM | Active | Condition |
|---|---|---|---|---|---|
| Condos | — | — | — | — | — |
| Houses | $2,551,900 | 2 | 64d | 17 | Buyer's Market |
| Townhouses | — | — | 34d | 9 | Buyer's Market |
Terra Nova is a prestigious master-planned residential community in the northwest corner of Richmond, BC, developed in the late 1990s and early 2000s as one of the city's last major residential land releases. The neighbourhood is defined by upscale single-family homes and executive townhouses on curving, traffic-calmed streets, many backing onto protected agricultural land or overlooking the Terra Nova Natural Area — a significant wetland bird sanctuary on the edge of the Fraser River. Real estate in Terra Nova commands among Richmond's highest prices, reflecting the neighbourhood's planned nature, quality of housing stock, and natural surroundings. The Terra Nova Rural Park provides an idyllic green escape, while bus routes connect residents to the Canada Line. Terra Nova's combination of planned community elegance, natural environment, and proximity to Steveston Village's amenities makes it one of Richmond's most desirable addresses for families and discerning buyers.
Recent sales in Terra Nova — sign in to view sold prices.
12-month average sold price — Condos vs Houses
Terra Nova is a neighbourhood in Richmond, BC. The area has 30 tracked residential buildings in the Hani & Les | BC Condos And Homes database. The average year of construction is 1997, reflecting the neighbourhood's development timeline. Houses average $2,551,900 based on recent sales.