Interestingly Richmond’s soil boasts of two components sand and silt. Making it one of the richest locations on British Colombia’s cost. Richmond BC condos and the earthquake danger are not new and a lot of preparation has been made to avoid this type of catastrophe. Any new buildings must meet the set down BC building code standards to save both human and protect property from extensive damage. Is Richmond a tsunami prone area? No! Despite it being an island enough dikes are in place and consequently checked. When it is considered that this is an earthquake prone area a lot of fear is instilled in its citizens and visitors.
This need not be the case, Richmond apartment residents have been educated adequately from time to time on precautions to take in case of such eventualities. Richmond condominiums are particularly in imminent danger by it having only covered just one meter above the sea level. The incidences of earthquakes that have taken place are known not to have caused extensive damage to buildings but injuries through flying objects and broken glass to those in the vicinity. This is where earthquake insurance comes in protecting property and paying for medical charges to the affected. It is true that Richmond is vulnerable to two or three types of earthquakes each single year.
Mostly known to occur on the interface or earth’s crust plates and enough preparedness have to be put in place. The effects are sometimes too mild to be felt or can be massive enough to cause extensive damage. All new buildings must meet the 1955 edition Building Code especially for Richmond, where the area has been built as of the last 20 years. Building owners who are not sure whether their buildings meet such standards should check with this body. So apparently, this Richmond BC apartments scare and the earthquake danger have also been adequately taken care of by National Building Code of Canada (NBCC) in handling any imminent major quakes.
A leading agency firm in Richmond, has mentioned that the threat is not eminent for the apt which as not on a firm foundation like in Vancouver. However, many UBC engineers including the UBC Real Estate division is not as certain.
For more information on this you may contact us. However, due to this danger and risk we are encouraging our investors to seek insurance for such occurrences if they do arise. It is always best to keep any real estate safe, but particularly in this case as Richmond real estate is quite prone to this type of disaster. I would recommend if you are an investor to go for something like Vancouver condos as they are a safer bet: http://www.worldpropertylinks.com/vancouver-west-condos/.
One once of prevention is worth a dozen of cure. I myself have stayed away from being too close to Richmond’s edge along the banks of the river. Having bought quite a few commercial properties in Richmond I know full well where the areas that are best suited to not be prone to such flooding that may occur.
If you would like to be in touch for my expert investment techniques into Richmond houses, condos or commercial property please contact me at firstname.lastname@example.org.