West Virginia Real Estate - Forget Old Notions
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.