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The Real Estate Of Virginia
1. The Real Estate of Virginia, Based Solely on the Brim
Factor!
Virginia is a state brimming
with history, political savvy,
wonderful attractions, great
food, and fantastic real
estate. There is no shortage
of real estate stories about
each of these diverse topics,
so here are my favorites!
History
One of the most intriguing pieces of historical real estate
was owned by one of our founders, Thomas Jefferson.
The author of the Declaration of Independence inherited a
large estate from his father and built his famous home,
Monticello. Jefferson inherited slaves, but freed very
few. Those given their freedom the children of famous
Sally Hemings, mother to six of Jefferson’s children. In
Charlottesville where Monticello is located, affordable
homes abound, with hundreds of homes available in the
$100,000 to $150,000 price range.
2. Virginia Mortgage Rates
Compare mortgage rates for West Virginia to stay on top
of the average home value, market value changes,
mortgage rates and more in West Virginia at Banks.com.
Political Savvy
One of the smartest members of Congress is Eric Cantor,
house minority whip. As the member who manages the
legislative program of his party, it’s easy to imagine that
he lives in Richmond – just a quick train ride to the
Capitol in Washington, D.C. In Richmond, real estate
can move quickly since it’s also the state capitol where
turnover can come in waves. With more than 500 homes
currently on the market in the affordable $100,000 to
$150,000 price range, homes range from fixer-uppers to
those nicely remodeled and move-in ready. Prices are
currently rising in Richmond, so sellers must be feeling
very optimistic.
3. Wonderful Attractions
Virginia Beach is one of the loveliest stretches of ocean
beauty on the East Coast. Visitors may choose from a
variety of beaches to visit, plus they could also go on
whale watching excursions, go fishing, or boating. Real
estate prices do run high thanks to the great location, but
also because of nearby military bases, including Ft. Story
and the Naval Station Oceana. If you want to live on the
ocean, however, be prepared to pay big. Oceanfront
prices average well over a half million, so you’ll have to
go to the interior land to find real estate below $290,000.
Great Food
The Red Panda Restaurant is one of the most popular
Chinese dining experiences in the state of Virginia. With
locations in Winchester, Manassas, and Harrisonburg, the
variety of food served is as delightful as the variety of
real estate in these towns. You can get my favorite
Chicken Lo Mein for $6.25 … a fair price for great food.
Just as affordable are the homes in Manassas where
commuters to Washington, D.C. often buy because of the
lower prices.
Fantastic Real Estate
My favorite real estate pick in Virginia today is a four-
bedroom, 1850 square foot new construction home in
4. Newport News, Virginia. Priced at $86 per square foot,
this great buy is available for $159,900. You can find it
by searching trulia.com.