Living in Genoa, WV
Genoa, WV, is a beautiful rural community located along the Guyandotte River, perfect for those seeking a peaceful lifestyle surrounded by nature. With a strong sense of community, outdoor activities, and access to basic amenities, it’s an ideal location for family life. Education and recreation opportunities abound, making it a great choice for both new residents and investors.
Current Market Conditions in Genoa, WV
The real estate market in Genoa, WV, reflects a steadily growing demand for homes due to its appealing rural lifestyle and affordability. Investors are finding attractive opportunities as more individuals and families seek the charm of small-town living, making properties in this area increasingly valuable.
Currently, home prices are relatively low compared to urban centers, making it an ideal place for investment. The potential for growth aligns with the rising interest in rural properties, particularly among those looking for second homes or vacation residences. As more amenities are developed, the area is poised for continued appreciation.
Home Value Estimator For Genoa, WV
There are currently 198 real estate properties
in Genoa, WV,
with a median automated valuation model (AVM) price
of $114,669.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Genoa, WV, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Genoa, WV,
is $123,861.00, with the most expensive house
in Genoa, WV, topping out
at $353,546.00 and the cheapest home
in Genoa, WV,
clocking in at $26,295.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Genoa, WV!
Rent Prices
In Genoa, WV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Genoa, WV, is on
a rollercoaster ride. The
average rent price in Genoa, WV,
is $914.00. Indeed, when looking to rent in
Genoa, WV, you can expect to pay as little
as $560.00 or as much
as $1,380.00,
with the average rent median estimated to
be $900.00. The good news is that finding
an affordable and desirable property to rent in Genoa, WV
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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