If you’re planning on investing in real estate in the Hampton Roads area of Virginia but want to avoid the busy dockyards and factories turning out power distribution blocks, Virginia Beach, Virginia is the city for you. Originally established as a resort town, Virginia Beach, VA has grown into a city in its own right. It still has prime oceanside real estate, but it’s paired with modern conveniences, job opportunities, and access to other cities in Hampton Roads. To learn more about what your life could be like after a move to Virginia Beach, browse this website. It was created by Virginia Beach, Virginia real estate agents to help you get a feel for the place.
Virginia Beach, Virginia: America’s First Seaside Retreat
Located at the mouth of the Chesapeake Bay at the eastern edge of the Hampton Roads area of Virginia is the city of Virginia Beach, VA. With a population of 434,000, it is the most populous city in the state. It was first settled in the late 1800s as a beachside resort destination and to this day tourism remains the largest contributor to the city’s economy. 2.75 million visitors per year are attracted to the world’s longest pleasure beach, the historic churches and lighthouses, and the laid-back surf-and-sun attitude.
Virginia Beach, VA isn’t solely a tourist destination, however. It also has strong roots in the defence industry. Naval Air Station Oceana is the city’s largest employer, and the nearby flight training centre in Dam Neck, the Little Creek amphibious base, a Cape Henry Army outpost also provide a lot of jobs to residents. Agriculture is a major contributor as well, providing the city with $80 million per year through 172 farms that sell their wares in an extremely popular farmers’ market.
After-work and weekend activities that are popular in Virginia Beach, VA include: touring museums like the Virginia Aquarium and Marine Science Center, surfing (the city is home to the East Coast Surfing Championships), golfing at the 51 local courses, or simply swimming, hiking, or picnicking in one of the many city parks. The city’s three-mile boardwalk is the destination for shopping, entertainment, eateries, and music, both for tourists and locals.
Neighborhoods and Home Styles in Virginia Beach, VA
In most cities, you never know if the leafy, spacious neighbourhood you’re buying into will be bulldozed in a few months to make way for condo towers that block your view of the ocean. Well in Virginia Beach, Virginia you can be sure. Virginia Beach is divided into an urban northern sector and a rural southern sector with strict rules as to what can be built where. While it does mean developers are running out of land to build newer properties, living below the “green line” as its called, pretty much guarantees your property will remain the same in the coming years. Here are some of the neighbourhoods you could find yourself in:
In the early 1900s, Chesapeake Beach was built to offer residents a chance to live on the beach, and since then has expanded to include not only the original beach cottages but also condos, townhouses, and apartments. It is a quiet community without much traffic. The Green Run district encompasses many neighbourhoods of houses, condos and apartments as well, and is run like a modern subdivision through its homeowners’ association. Pembroke Manor was once a single property but has since been developed into a new urban downtown with theatres, upscale shops and skyscrapers. Sandbridge abuts the Beck Bay National Wildlife Preserve and offers a chance to rent or buy vacation cottages or condominiums on the beach.
The cost of living in Virginia Beach, Virginia is 89.2, less than the U.S. average of 100. The average single family home costs $389,000 while the average town house costs $218,000 and condos range from $260,000 to $613,000. Average rents are around $1,000 per month.
Contact a Virginia Beach, VA Real Estate Agent
To get started looking for the perfect piece of real estate in Virginia Beach, Virginia, simply click over to our contact list and choose a real estate agent to be your guide to the market. Our realtors are all local, so they know the ins and outs of the market and can get you the best possible deal on houses you may not have even found on your own. Having a realtor on your side is worth it, so call one today, even if you only have a few lingering questions about the area and aren’t ready to buy. They’ll be happy to help in any way they can.
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