Virginia Real Estate and Living in History
The historical significance of Virginia is simply unmatched in the United States. Presidents George Washington and Thomas Jefferson resided in the state as did many of the founding fathers. In the revolutionary war with England, Virginia was front and center in the battle with Williamsburg and Richmond playing central roles. From the Civil War, the battles at locations such as Fredericksburg and Cold Harbor need no introduction. In these modern days, Virginia is unique in seamlessly mixing modern development and old world charm.
Located on the James River, Richmond was burned to the ground twice during the tumultuous early years of the country. The capital of the Confederacy, Richmond was under attack through much of the Civil War and suffered for it. Following the war, however, the city was rebuilt and has remained prosperous since then. Today, the city is an interesting mix of elegant turn of the century architecture and modern structures. Economically, Richmond is known for strong tobacco and financial industries.
Fredericksburg our town is one of the prettiest in the south and a great place to raise a family. Downtown has a definite elegant old south atmosphere while neighborhoods are full of turn of the century homes with white picket fences.
Virginia Real Estate
Virginia real estate prices can range from the low $200,000 to the high $700,000 depending on the location. A single-family residence in Richmond will run $340,000 on average. On the top end, homes in Alexandria average in the mid to high $700,000 range.
For 2015, Virginia real estate has shown strong value growth. With an appreciation rate of over 14 percent, Virginia has one of the higher figures in the country.