About the Richmond Real Estate Market
I have described various
surrounding areas to give you a sense of the Metro Area including some of the
historic neighborhoods within the City of Richmond. These areas are located
north, south, east, and west of the City and along with local links to each of
the county or city governments. This will give you a complete informational
package:
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Chesterfield |
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Chesterfield is a fast-growing,
affluent, suburban community that is the largest locality in the
Richmond-Petersburg metropolitan area. Chesterfield County lies in east central
Virginia between the City of Richmond to the north and the Petersburg/ Colonial
Heights area to the south. The county is included in the Richmond - Petersburg
Metropolitan Statistical Area, which in 2001 had a total population of
1,052,679. Chesterfield's land area encompasses 446 square miles. Chesterfield
County, Virginia, is one of the best places in America to live, work, play and
raise a family. Chesterfield County's central location on the eastern seaboard
places it within a one-day drive of 50 percent of the US population. The
county's 446 square miles include more than 20 parks, featuring more than 8,700
acres of green space for sports enthusiasts and nature lovers. Chesterfield
County is located just two hours from Virginia Beach, the Blue Ridge Parkway
and Washington, DC; Colonial Williamsburg is just an hour away; and Kings
Dominion and Busch Gardens theme parks are both less than one hour away.
There's easy access to Interstate 64, 95, 85, and 295. Route 288 will be
completed in December 2003 and Interstate 895 to Richmond International Airport
is now complete.
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Bon
Air |
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Bon Air is in the northwestern
area of Chesterfield County. Bon Air became a resort community in the late
1800's. The name Bon Air is French for Good Air. It is a lovely community with
many Victorian style homes. It is conveniently located to major shopping and
roads. The blend of homes from new to old makes this area very
desirable. |
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Chester |
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Chester is located between the
City of Richmond and Petersburg. New developments have made Chester a very
desirable place to live with two large communities, Rivers Bend and Jordan on
the James. The older sections of Chester are small village type communities.
There is also a blend of new home communities and large planned communities.
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Midlothian |
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Midlothian is located on US 60
a few miles south of the James River. There are numerous subdivisions, which
give residents much diversity when trying to buy a home that fits one's needs.
Midlothian offers many beautiful shopping centers and is accessible to the
major interstates. Major neighborhoods such as Salisbury, Rosemont, River
Downs, Walton Park, The Grove, are just a few in the northwest corridor. In the
southwest corridor there are many new home communities with lots of amenities.
Neighborhoods are Brandermill, Woodlake, Hampton Park along with many existing
home communities. There are many new communities also under construction such
as Edgemoor, Beckenham, Birkdale, Summerford, and Brandy Oaks.
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Goochland |
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Goochland County, strategically
located between Richmond and Charlottesville, lies to the north of the James
River and south of I-64, in the fast developing, vibrant mid-Altlantic corridor
in central Virginia. One of the most scenic locations in the Richmond area,
Goochland is conveniently located within minutes of major East Coast
transportation systems.
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Hanover |
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Hanover County is located in the
east-central Piedmont and Coastal Plain areas of Virginia, between the
Chickahominy and Pamunkey Rivers. It is approximately 70 miles south of
Washington, D.C. and fifteen miles north of Richmond, VA. It is a part of the
greater Richmond metropolitan area. The County land area is 471 square miles
and is bordered by the Counties of Caroline, King William, New Kent, Henrico,
Goochland, Spotsylvania and Louisa. There is one incorporated town in the
County, which is the Town of Ashland. Hanover's contemporary life is that of a
vibrant rural and suburban locality. It has two interstate highways, I-95 and
I-295, which are among the busiest in the eastern United States. The County has
a population of approximately 90,000. This includes those residing in the Town
of Ashland, which boasts Randolph-Macon College, the oldest Methodist College
in the United States. Hanover is an excellent environment in which to live, for
it offers a taste of rural America (it is the home of the internationally
renowned Hanover Tomato) in the greater Richmond area. Hanover County continues
to be an exciting community where history is preserved for the future.
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Ashland |
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The town of Ashland has its
very own Randolph Macon College. The residents of Ashland take pride in the
gorgeous Victorian style homes, which are throughout the town. Ashland is
unique because within miles is one of the largest tourist attractions,
Paramount Kings Dominion. Also a very popular place for residents as well as
nonresidents to visit is the Ashland Berry Farm. |
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Atlee Elmont |
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Located in Atlee Elmont is
Richmond's Industrial Park. In the Industrial Park contains many successful
public and private businesses. Also in Atlee Elmont are the communities, Ash
Creek, Millstone and Kings Charter. In these beautiful planned subdivisions
families can enjoy the neighborhood pools, tennis courts, bike trails, and
clubhouse. If that is not enough to do than the people of this area love to
take their family and friends to the delicious Hounds Tooth
Café. |
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Cold
Harbor |
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Cold Harbor has many historic
scenes to visit such as Battlefields and Civil War places. In the present day
the town of Cold Harbor has come to build numerous subdivisions and new
schools. |
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Hanover Courthouse |
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The area known has Hanover
Courthouse is the focal point for Hanover's justice system and government. In
this area there is the Hanover County Jail along with other government
buildings. Those who past through Hanover Courthouse may take notice of the
beautiful scenery and the historic Hanover Tavern. |
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Mechanicsville |
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The town of Mechanicsville can
be characterized as a small, quaint, and commercial friendly. Although, in the
past couple of years Mechanicsville, has come to build many additional
restaurants, shops, and shopping centers. The residents who live and grow up in
this town have a strong sense of community as well as pride and love for their
hometown. |
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Old
Church |
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Old Church is an old town that
was developed and named after a church built in the early 1700's. The people
who live in this area of Hanover have a very few new subdivisions or
neighborhoods. Instead, this town contains many estates and plantations, which
are located off the Pamunkey River. If the residents of this area want to run
to the nearest grocery store or mall they will have to make sure they have
plenty of gas in their cars. |
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Henrico |
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Bordering the city of Richmond on
the west, north, and east, the county of Henrico lies between the James and
Chickahominy rivers, and constitutes approximately a third of the Richmond
metropolitan area. Henrico's 265,000 residents live in a well-planned area of
244.06 square miles consisting of beautiful residential communities, large
expanses of fertile farm land, and carefully developed office, retail, and
diversified industrial areas. Henrico is the home of many Fortune 500 companies
with additional service industries, financial institutions, and educational
organizations. The school system enjoys a top ranking in the state of Virginia.
Also there are several programs for special education and gifted children.
There are several planned communities with lots of amenities for growing
families or for semi or retired individuals. The road system has north, south,
and east, west access to down town Richmond. Byrd International Airport is
located in eastern Henrico. Byrd has several airlines serving the area with
easy parking and access. The parks and recreation system is superb. Many
shopping centers as well as malls are located throughout the area. There is an
abundance of all houses of worship within Henrico.
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Glen
Allen |
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Glen Allen is a northwestern
suburb of Henrico County. Located in an area of top schools, shopping, and
recreation. Glen Allen features a blend of older more established neighborhoods
along with the newer planned communities. Wyndham, a planned community
featuring golf, family housing, as well as, retirement housing has been voted
one of Richmond's top neighborhoods several times. Glen Allen also is known for
its convenient location to all major highways and medical facilities. Many
office complexes are located within the Glen Allen area. |
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Highland Springs/Sandston/Varina |
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Eastern Henrico consists of
areas known as Varina, Highland Springs, and Sandston. Residents of these areas
find it very convenient to the city of Richmond and to the Richmond
International Airport. In these areas families will find affordable homes as
well as growing businesses. Eastern Henrico has developed into a productive
business community. |
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Lakeside/Dumbarton |
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Lakeside and Dumbarton are two
northside communities, which are closer to the city of Richmond than the other
surrounding neighborhoods such as Glen Allen and Short Pump. In these
neighborhoods there are affordable homes as well as many apartments to rent
from. |
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Northside |
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Residents of Northside have
all the luxuries such as The Arthur Ash Center, State Fairgrounds, The Diamond,
and Virginia Union University. Long time neighborhoods of the Northside are
Highland Park, Bellevue, and Ginter Park. |
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Short Pump |
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Short Pump once was a small
stop off point for those people traveling west on Broad Street heading towards
Charlottesville or Louisa. Today Short Pump is a vibrant area with beautiful
planned communities, top rated schools, and abundance of shopping and
recreation. Located at the intersection of Pump Road and Broad Street, Short
Pump is now in the center of what's happening in western Henrico
County. |
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West
End |
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The West End of Richmond is
known for its elite neighborhoods such as Westhampton and Westhampton Place, as
well as the prestigious Country Club of Virginia and the University of
Richmond. In addition, one can find beautiful old estate homes and mansions off
West End's famous River Road. Those who live in this area find easy access to
Carytown to go shopping and out to eat. This area has many estate type homes
with large lots and beautiful neighborhood surroundings. |
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City of
Richmond |
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A collage of neighborhoods, that
holds pieces of Richmond's history.
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Church Hill |
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Church Hill at one time was
the place to live in Richmond because of its' location and beauty. This
neighborhood is situated to look over the entire downtown area and the James
River, which has the most magnificent view. Also in this area one will find St.
John's church were Patrick Henry gave his notorious speech. Even though in this
day in age, Church Hill no longer holds the status of living for most Richmond
families, the neighborhood has made some renovations to its' houses and
buildings. |
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Jackson Ward |
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The section of Richmond known
as Jackson Ward has many historic sites such as the Maggie Walker House and the
Bojangles Statue to visit. If that is not enough to see then shows at the
Richmond Coliseum and the popular Sixth Street Market Place may be more
exciting for one to explore. |
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Oregon Hill |
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Oregon Hill a smaller close
nit community is located conveniently to the Fan. James River Park is located
around the perimeter of Oregon Hill. |
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Shockoslip/Shockobottom |
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In the city of Richmond,
Shockobottom is the happening place for the younger crowd. There are so many
things to do in this area such as dining at fancy restaurants, shopping at
specialty stores, to dancing at clubs. |
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The
Fan |
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Many who visit Richmond will
recognize the Fan by its high-rise apartments, cobblestone streets, alleys, and
brick sidewalks. In addition, residents of the Fan take pride in the famous
Monument Avenue. The people, who live in the Fan, especially the VCU students
enjoy relaxing and eating at outside bar and grill restaurants such as Buddies
and Sobel's. The Virginia Commonwealth University is also located in the Fan
district where many college students find convenient housing. |
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Tobacco Row |
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Tobacco Row is situated along
the James River which many old warehouse buildings have been renovated and now
house a diverse amount of people. This entire area is currently under
development and will feature many fine restaurants, nightspots and apartment
housing. The Richmond C & O Canal is currently being developed into a
future river walk area with shops, restaurants and cafes. |
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Powhatan |
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Located to the west of Chesterfield
County, Powhatan offers a more rural lifestyle with farms, horses, and large
lot neighborhoods. Route 288, which is scheduled to be completed in 2003, will
open large areas to both residential development and commercial parks.
Powhatan's scenery is hilly and park like with many ponds and streams on larger
parcels. Approximately 30 to 45 minutes to the downtown area makes this area a
great stopping off place for your family. The feel when shopping in country
stores gives you the idea that you are on vacation. The new development
consists of new retail, large grocery stores, and new office
parks.
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Investment Real Estate >Investing in Your Neighborhood
Some neighborhoods have the reputation of being terrific places to live, and the difference is often the investment that people make in their community. These neighborhoods embody a community spirit that reflects the pride of the people who live there. In addition to the financial investment the residents have in their property, they also invest their time by participating in local affairs.
How can you become active in your community? You can participate in your neighborhood association by volunteering to serve on committees. You can keep abreast of issues that could impact your area by testifying at hearings or writing letters to local government officials. There may be ways that you can help your neighbors if they are having a hard time with a serious illness or job loss. If your children are grown, you can make a tremendous difference by doing volunteer work in after-school tutoring programs. When some people begin to get involved in making a difference in their neighborhood, others soon follow.
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| Q |
In what real estate market are more than 90 percent of home sales cash transactions?
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| A |
Palm Beach, home to princes, politicians, and CEOs, has homes from 2,000 sq.ft. condos to 56,000 sq.ft. estates. |
 See More Real Estate Trivia > |
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