Richmond Property Market and Real Estate Guide

(Richmond, Virginia - VA, USA)

Richmond skyline view featuring the twin towersRichmond is a pretty city located in the US state of Virginia and is famous for being home to some of the country's most prominent bank headquarters. Many families live in the Greater Richmond area, where there are a large number of spacious garden properties to choose from.

Prices for property rentals and purchases are reasonable in comparison to more popular cities such as New York City, and Downtown Richmond offers a good selection of modern homes and apartments.

Shockoe Bottom is a high-class neighborhood, while cheaper property can be found in Fulton, Fairmont and Union Hill. The city offers many modern facilities and amenities in line with most large US cities, and the surrounding areas are noted for their natural beauty, with the Blue Ridge Mountains and the James River located close by.

Renting Serviced Apartments

Serviced apartments are readily available for rent in Richmond, since the city is home to many businesses, making temporary rentals a popular choice. Renters can expect to pay around twice as much for a centrally based apartment in the modern downtown area. All apartments usually come with modern furnishings.

Finding an apartment in the city can be done online or through an agency. There are many opportunities to rent through firms and companies, and so it is advisable to also ask colleagues at work about apartments that are up for rent.

Buying Apartments and Houses

As a non-US citizen, it is always sensible to use the services of an estate agent, as there is a lot of paperwork to go through when purchasing a property in the US. Stringent background checks will be done into both your personal and financial stability, and criminal records will be looked upon harshly, especially if the crime has been committed in the last five years.

Real Estate Agents

Finding an estate agent in Richmond is simple and can be done online or through a local telephone directory. All agencies speak English and a few offer Spanish speaking staff as well. An agent is a great way to ensure that the process runs as smoothly as possible. It is, however, still advisable to use the services of a solicitor to handle the legal paperwork.

Check out the following Richmond realtors and real estate agents:

River City Real Estate
Address: Richmond, Virginia VA, 23219, USA
Tel: +1 804 358 7801
This agency has a large portfolio of properties in and around Richmond, but specialises in property for sale along the banks of the James River.

Main Street Realty
Address: 1559 East Main Street, Richmond, Virginia VA, 23219, USA
Tel: +1 804 649 7579
Main Street Realty handles the sales and rentals of apartment complexes located in the city, from modern lofts to old-fashioned blocks.

Snipes Properties
Address: 6 North Robinson Street, Richmond, Virginia VA, 23220, USA
Tel: +1 804 869 4404
Snipes Properties handles sales and rentals in Richmond that are predominantly in the higher price range, with many luxury townhouses available.