Living in Mappsville, VA
Mappsville, VA, is a small, serene community offering a peaceful lifestyle with access to outdoor activities and local amenities. This charming area features beautiful landscapes, friendly neighborhoods, and educational institutions for families. Its proximity to larger towns makes it an appealing destination for potential homebuyers and investors alike.
Current Market Conditions in Mappsville, VA
The real estate market in Mappsville, VA, is currently showing steady growth, with an increase in demand for both residential and vacant land options. Prices remain relatively affordable compared to nearby urban areas, attracting first-time homebuyers and investors looking for opportunities.
Investors may find that Mappsville's market offers a mix of older properties needing renovations and new constructions appealing to those interested in developing properties catering to families and retirees. As the demand continues to grow, property values are likely to appreciate, making it a favorable time to invest.
Home Value Estimator For Mappsville, VA
There are currently 11 real estate properties
in Mappsville, VA,
with a median automated valuation model (AVM) price
of $198,783.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mappsville, VA, 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 Mappsville, VA,
is $395,225.00, with the most expensive house
in Mappsville, VA, topping out
at $2,457,200.00 and the cheapest home
in Mappsville, VA,
clocking in at $99,588.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mappsville, VA!
Rent Prices
In Mappsville, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mappsville, VA, is on
a rollercoaster ride. The
average rent price in Mappsville, VA,
is $1,034.00. Indeed, when looking to rent in
Mappsville, VA, you can expect to pay as little
as $830.00 or as much
as $1,480.00,
with the average rent median estimated to
be $1,010.00. The good news is that finding
an affordable and desirable property to rent in Mappsville, VA
-- 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.
Learn more on Foreclosure homes
