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May 17, 2008

What Can You Buy In ...

Radford?  Lately I've worked with buyers new to the area and they've always seemed to ask the question, "What can I buy in <insert local community here>?  So ... what can you buy in the City of Radford?
Radford_qol
The City of Radford has homes available in a number of different price points, at all times of the year.   Situated on the banks of the New River and calling itself "The New River City", Radford is home to world-class companies like Danaher Motion and Volvo Logistics, thriving small businesses like Tuck Chiropractic Clinic, and of course Radford University.  It's a beautiful setting on the banks of the New River, and is just centrally located to other impoCity_of_radfordrtant points in the New River Valley.

Did you know Radford's an All-American City finalist?

Impressive stuff for a city with an impressive history.  With a charming downtown, a bustling university, loads of recreational activities and miles of telecommunications fiber, Radford offers a little of everything, whether you're here for business, pleasure or both.

So ... What Can You Buy In Radford, VA?

As of May 17, there are 114 residential properties on the market in Radford.  The lowest priced home is $49900, while the highest priced home is $465000, and the median home price is $154450.  Here are some other statistics you might be interested in:

  • in 2008, the average length of time to sell a home in Radford has been 73 days.
  • the average property in Radford has sold for a 7.5% discount off of list price in 2008.
  • properties in Radford have sold for about 7% less than what they did last year at this time.

With 114 properties on the market, there's likely something for everyone to pick from.   Here's a sampling of what you might see in various price points ...

Under $50000 - 700 square foot bungalow

Between $50001 - $100000 - 1 BR 1 BA condo          Updated home blocks to campus

Between $100001 - $150000 - 2 BR 2 BA condo with hardwood floors         1800 sf Cottage

Between $150001 - $200000 - Brick Ranch with closing costs           Newer home with hardwood floors

Between $200001 - $300000 - Main level master bedroom with HOA     Townhomes across the street from RU

Between $300001 - $400000 - Classic Colonial         Decorator's Delight in High Meadows

Above $400001 - 4100 square foot monster in need of some updating

Let me know - is there something else you'd like to know about Radford?

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