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VIRGINIA BEACH HOME VALUES

Who wouldn't want to live on the beach and enjoy the calming roar of the ocean after a long day of work? Virginia Beach is a popular tourist destination, but residents know there are many areas of the shore-lined town that provide a relaxing atmosphere for daily living. The kitschy cottages of the North Shore evoke fond memories of Virginia Beach's early heyday, while Chick's Beach encourages a grand feeling of community. Young professionals more interested in metropolitan style may find the new Town Center development an attractive place to be with its elegant selection of condos.

Virginia Beach home values will vary according to the market and overall economic health. You might think at first that luxury living cannot be achieved on a budget, but if you know where to look in Virginia Beach, you can find the right new home for you. We are happy to provide below an estimate of home values in Virginia Beach for your reference.

 
Virginia Beach
National
Home Value Index $253,000 $209,018
1 Yr. Change -$16,000 -$22,037
Estimate per Square Feet $10,450 $258
Property Tax $2,872 $2,861
Median Condo Value $199,000 $216,500
Median 1-BR $311,500 $196,500
Median 2-BR $184,000 $205,00
Median 3-BR $193,000 $231,500
Median 4-BR $201,000 $337,500

  *Based upon information in the 2000 U.S. Census

 Thinking of selling? What is your Virginia Beach home worth now? Fill out the form below and a Realtor from Nancy Chandler Associates will contact you.

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