The differences between the suburbs and the busy life led in the city are actually fewer than many would think. Many people would believe that the suburban areas such as Ivanhoe would have homes that are sold for a higher price than in Richmond. This is true but the difference is less than most would think. The average house price in Richmond is around $180,000 but that is not as big a difference as people would think. The units in Ivanhoe and Richmond are very similar with Ivanhoe having the more expensive units by about $20,000. The most expensive house in both areas are the same price at $4.3 million but overall Richmond has more than double the total value sold with $400 million plus and Ivanhoe having $157 million, which could occur due to how easily many can get to the city and back within half an hour. Ivanhoe is recognized as an ideal area for young families whereas Richmond is for people who are young and usually single.
