10 Reasons To Live In Richmond, VA

June 3, 2020

By Successful House Buyer

The city of Richmond was an integral part of the development of the original colony of Virginia. It played a significant role in the Revolutionary War, and this community was also front-and-center in the Civil War too. After the Reconstruction period, the town’s location at the falls of the James River allowed it to become a hub for transportation. This transformation helped to diversify the economy and make it an even stronger force in the region.

Listing vs.

Selling To Us

Which route is quicker?
Puts more cash in your pocket?
Has less hassle?

See The Difference Here

There were some notable firsts that occurred in Richmond, such as the election of Oliver Hill in 1948 to become the first African-American elected to the city council since the Reconstruction Era. Important roads, like US 1 and US 301 helped to connect the city to the region. Before the creation of the interstate system, there was a 15-exit tollway planned for the city that was completed in 1958.

Because of the challenges to the economy during the late 20th century, Richmond experienced four consecutive decades of population loss. That finally reversed itself in 2010 thanks to the revitalization and gentrification of several neighborhoods, including Manchester, Jackson Ward, and Church Hill.

List Of The Reasons To Live In Richmond, VA

1. The Local Art Scene Is An Excellent Resource For Families And Households

There is a lot of talent at VCU that puts creativity into the streets of Richmond. If you work in an industry that demands innovation, then this is the place to be. You will find galleries filled with some excellent works here as well. Although it doesn’t receive the acclaim that you’ll find in other stretches of the East Coast, you will enjoy a chance to= embrace your creative side if you start living here.

2. It Is An Excellent Hub For New Jobs

Although the unemployment rate in Richmond is slightly higher than the rest of the region, there are still several opportunities to find an excellent job when you move to the city. New employers are coming to town as well, such as Stone Brewery. With a total employment level of about 700,000, their growth rate in 2017 was 1.5% and more than double what the national average experienced. Over 10,000 new jobs were added in the past year there, making it the 15th-fastest growing market in the United States for employment.

3. Richmond Offers An Excellent Culinary Experience

There are some excellent places to find a bite to eat when you start living in Richmond. With several hundred restaurants from which to choose, you’ll find a blend of old-world styles with modern swagger to create trends that filter to the rest of the United States over time. Many of the establishments work from an organic approach, sourcing local ingredients to ensure that there is another level of support for the economy.

4. You’re A Quick Road Trip From Wherever You Want To Be

Richmond is in the heart of Virginia country, which means you can take a few hours to drive almost anywhere when you live here. Want to get away from the city for a while? Then you can head west to visit the George Washington and Jefferson National Forest. If you want to spend some time by the ocean, then you can head down I-64 to Newport News, Norfolk, or Virginia Beach. You can also take the I-95 north to visit Washington, D.C., Baltimore, or continue up into Philadelphia.

This advantage makes it possible to commute into one of the larger cities by train if you want while living along the East Coast.

5. The Housing Market In Richmond Is On A 3-year Hot Streak

Homes in the Richmond area are selling quickly, with many owners reporting that they are receiving cash offers that are above their asking price. The Richmond Times-Dispatch tells the story of Eric and Meredith Mayton, who put up a 1,300-square-foot home in Westover Hills with a listing price of $309,500. They had 30 showings in the first 72 hours, and then there were 10 offers, with three of them cash. The property was under contract in less than a week for $20,000 more than their asking price.

If you are moving into the market, it might be a challenge to find a place because of its low inventory levels. You will also have an excellent opportunity to get equity out of your home right away if you can afford to get into the market. The median home cost is about $214,000, with an appreciate rate of more than 13% in the last decade.

6. There Are Plenty Of Places Of Historic Interest To Enjoy In Richmond

The city of Richmond is rich in American history. You can spend each weekend exploring a new place and not run out of something new to do for at least the first year that you start living in the city. You can visit the capitol building that Thomas Jefferson designed and Queen Elizabeth toured. Re-enactments of the Second Continental Congress occur each year to commemorate Patrick Henry’s famous speech. You can follow the Revolutionary Trail, see cannons from the Civil War, or visit the headquarters of Robert E. Lee from his time in the war in 1862.

You can go back all four centuries of history in Richmond with a visit to the Henricus Historical Park as well. That is just a sampling of what you can do when you start living here.

7. There Is A Lively Social Scene To Enjoy In Richmond

You will find that the social scene in Richmond is something that you would expect to see in an urban area that is five times larger than this one. There is plenty of live music for you to enjoy throughout the week, whether you want to go to a large concert or an intimate venue. There are festivals that celebrate music and food as well. If you like local brews, there are several options from which to choose. You can’t go wrong with one of the coffee shops in the area either.

8. Traffic Is Not A Problem When You Start Living In Richmond

Although you might hear some folks complain about the traffic that happens during rush hour when living in Richmond, it is far better here than in most other urban centers. Even if you are driving to or from work on a bad day, you might get held up an extra 15-20 minutes. That still means you’re spending less than an hour in your vehicle. If you’re used to the traffic in a city like DC, Seattle, NYC, or Los Angeles, then the noticeable reduction is going to be a tremendous improvement.

9. You Can Get An Education At VCU

You might hear some complaints about the public schools in Richmond, but you can definitely get a high-quality education after high school thanks to VCU. There are many excellent programs and professors there that can help you start your first career or transition to the next one. There is a close relationship between the university and the local schools that works to improve the local systems as well.

10. There’s A Place For Anyone Regardless Of Their Life Perspectives

Richmond is a city of polarities. If you tend to fall on the liberal spectrum of beliefs, then you’ll find some welcoming spots close to the VCU campus. When your ideals fall closer to the conservative spectrum, then you’ll find groups along the outskirts of the city that share some of your ideas. The city has a successful rehabilitation program for those who are jobless or homeless, which means there is a plan in place to manage the extreme poverty that is sometimes apparent in the region.

No community is 100% perfect, but you will also discover that Richmond goes out of its way to be as helpful as possible in almost any situation.

Get More Info On Options To Sell Your Home...

Selling a property in today's market can be confusing. Connect with us or submit your info below and we'll help guide you through your options.

We buy houses in ANY CONDITION in VA. There are no commissions or fees and no obligation whatsoever. Start below by giving us a bit of information about your property or call 804-999-CASH (2274)

Get Your Fair Cash Offer: Start Below!

We buy houses in ANY CONDITION. There are no commissions or fees and no obligation whatsoever. Start below by giving us a bit of information about your property.

Email *

Phone *

Property Address *

Recent Blog Posts

How To Succeed In The Face Of Adversity
How To Avoid Running Into Mortgage Paying Trouble for Homeowners