Chesapeake, Virginia Real Estate

Introduction

Chesapeake is located in the South Hampton Roads portion of the Hampton Roads region, which encompasses six other cities – Virginia Beach, Norfolk, Hampton, Suffolk, Portsmouth and Newport News. The city of Chesapeake is a diverse place, with both urban areas as well as many miles of forests and wetlands, including a portion of the Great Dismal Swamp. In terms of population, it’s the largest city in Virginia – numbers estimated at 220,560. It is also one of the largest cities in the state and nation in terms of land.

Homes in Chesapeake

The city of Chesapeake offers residents many different environments. These vary from the open countryside of Southern Chesapeake to the traditional neighborhoods of South Norfolk. Because the city has such diverse communities within it, there are a wide range of neighborhoods. The city is divided politically into six boroughs: South Norfolk, Pleasant Grove, Washington, Butts Road, Deep Creek and Western Branch. Of these, Western Branch was once an independent city for most of the twentieth century. Within the other boroughs, many communities were developed.

Some of the more popular Chesapeake communities include: Benefit, Bowers Hill, Buell, Camelot, Crestwood, Deep Creek, Eva Gardens, Fentress, Gertie, Gilmarton, Grassfield, Great Bridge, Greenbrier, Hickory, Hodges Ferry, Indian River, Mount Pleasant, Northwest, Oak Grove, Oaklette, Portlock and Wallaceton. There are single family detached homes, rowhouses and attached homes, small apartment buildings, complexes or high rise apartments and many more. Over forty-two percent of these are three bedroom homes and over half were established between 1970 and 1994.

Real Estate

Because Chesapeake is the center of the Hampton Roads metropolitan area location-wise and there is such a strong military presence in the area, the city’s real estate market has maintained a certain amount of cushion over the years. Recent reports suggest there have been over 16,000 listings this year alone in the Hampton Roads area – many of which came from Chesapeake. Because the city’s real estate property is so well rounded – ranging from homes in a country setting with properties over an acre to some with water access and others near shopping, restaurants and movie theaters, the market should continue on the same steady path.

Search Chesapeake Homes by Zip Code - 23320, 23321, 23322, 23323, 23324, 23325

New Homes and New Construction in Chesapeake

Chesapeake is rich with vacant land. As one of the largest cities in both the state and nation in terms of acreage, there is an abundance of new construction. This includes neighborhood development as well as shopping areas, attractions, restaurants, and other community facilities. If one is looking to customize their home, they have the option to build on vacant land or in an existing new construction neighborhood in Chesapeake. Choosing this option allows a buyer to customize a floor plan, so one can meet their personal or family’s needs – all while designing their dream home at an affordable price. When building a personalized home, there is often a high level of flexibility in the building process to ensure these dream homes meet their owners' expectations.

Using an agent in this process will help in many ways. An agent can assist by directing buyers to newly built homes that specifically match their criteria. They can also recommend builders based on their reputation and experience in delivering a high-quality and reasonably priced product. A buyer with an agent will likely have more favor when negotiating. Additionally, agents can help buyers choose between hundreds of design and upgrade options and can recommend those which will add value to a home when it comes time to sell.

Buying and Selling Near Chesapeake

From wide-open countryside spaces to convenient suburban areas, buyers have a number of options. Bizjournals, a national business news source, rated the Hampton Roads area as America’s least stressful metro area based on factors such as air quality, employment, crime levels and income growth. The city of Chesapeake is a large part of this, with access to all the metro area’s offerings. Additionally this is the best buyers market in some time with good interest rates and many sellers assisting with closing costs. When it comes time to sell a home in Chesapeake, residents can rest assured that there will always be interested buyers. Besides having suburban and countryside appeal, the area’s economy is typically stimulated by tourism, agribusiness and military sectors locally.

Living in Chesapeake

As the center of Hampton Roads, Chesapeake is just twenty minutes from the Virginia Beach oceanfront, fifteen minutes from downtown Norfolk, forty-five minutes from historical Colonial Williamsburg as well as North Carolina’s Outer Banks. The city of Chesapeake has an array of area attractions and many nearby. It’s located near historical sites, waterways, music, parks, nightlife, sports, dining and an variety of outdoor activities. There is an abundance of various types of schools in Chesapeake. There are seventy-four preschools, fifty-five elementary schools, twenty-seven middle schools, and twenty high schools. Fifty of these are public schools and sixty-three are private. There are also gifted, adult, and special education options in the area.