West
Virginia Real Estate – Forget Old Notions
by Raynor James
West Virginia is nicknamed the “mountain state”
for good reason. Situated in the Appalachians, the West Virginia real
estate market has peeks and valleys as well.
West Virginia
West Virginia is somewhat of a misunderstood state
when it comes to national recognition. Occasionally shown in a negative
light, the state is actually a tremendous location for outdoor
enthusiasts. Rock climbing, hiking, fishing, camping and rafting are
available in practically every part of the state. Throw in numerous
historical sites from the Civil War and West Virginia just might be
considered a hidden gem.
Morgantown
Morgantown is the “college town” of West Virginia.
Home to the West Virginia University, the town is invigorated by the
student population of roughly 20,000. With a vibrant art and cultural
characteristic, you might be surprised to learn Morgantown has been
rated as high as the 3rd best small city in which to live in the United
States.
Charleston
Charleston is the biggest city and capital of West
Virginia. Charleston is no great shakes, but it is centrally located in
the state, which makes the great outdoors readily available in
practically every direction.
West Virginia Real Estate
West Virginia real estate prices are extremely
reasonable throughout the state. The average price of a single family
home in Charleston, for instance, is approximately $180,000. The
average home price drops to $140,000 for single family homes in
Morgantown. It’s pretty hard to find prices this low in the rest of the
country, particularly for a town rated the 3rd best in the United
States. For the last 12 months, West Virginia real estate has
appreciated at a rate of a little over 9 percent.
Overall, West Virginia is jumping back onto the
national scene because of low real estate prices. Real estate in
Morgantown, in particular, may be a very good investment.
Raynor James is with FSBOAmerica.org - a FSBO homes
for sale by owner site. Visit our "Sell My Home" page
to list your FSBO Home or visit our home buying page to
see homes for sale.
Raynor James may be contacted at http://www.fsboamerica.org
|
