We Serve the Greater Hampton Roads Area

Located less than an hour away from Virginia Beach, Chesapeake is the second-largest city by land area in the Commonwealth of Virginia. It is also the third most populated city in the state, with an estimated population of 238,000. It is a very young city, becoming independent from Norfolk county in 1963, which itself dated back to 1691. Despite being in its youth, Chesapeake was voted 21st best city in America by Bloomberg Businessweek, in 2011.

The US Census Bureau reports the Median Household Income between 2012-2016 was $69,978 and that the poverty level is well below the national average. From the same Census report it is reported that the median home value in this Virginia community is $256,500 and that the average cost for the rent of a 3 bedroom and 2 bathroom house is $1,400-$1,800 a month.Education

Besides reasonable housing and income, the education is great for students of all ages. With 48 public schools in the district it brings the class size to an average of 15 students per classroom, making it easier to learn without over-crowding issues. For an advanced education right out of high school, there are also institutes of higher learning located right in Chesapeake including the Aviation Institute of Maintenance, Kee Business College and Tidewater Tech.

Entertainment

The large urban community has a variety of entertainment for all ages and families. In the heart of the city is the Arboretum. The arboretum is a 48-acre “Nature’s Classroom” dedicated to horticulture and environmental awareness. It is home to Virginia’s most impressive trail system that includes 8 bridges, a 3-acre lake and several picnic areas along the way.

For more outdoor fun there are several parks to choose from including the Fun Forest. Fun Forest is a 3-acre city park dedicated as the ultimate children’s playground. It was originally built in 1995 by over 1,800 volunteers and was the winner of the Virginia Recreation and Parks Society “Best New Facility in Virginia”, in 1996. There is something for everyone here, including an area for older children that encourages gross motor-skill development. Many of the attractions are also handicapped accessible to really make it a place for everyone.

The city also boasts its own Planetarium. In 1963, the school board funded the building of the Planetarium as result of the National Defense Education Act (NDEA). It was built as a teaching aid for the school system but has been made available for the general public as well. The public is invited every Thursday night to attend free educational programs, which change every month to give the individuals a general overview of astronomy.

Another fun place to go is to the Chilled Ponds Ice Sports Complex, home of the Whaler Nation Hockey. This 90,000 square foot facility homes two full sized ice surfaces. They offer nights of public ice skating as well as nights dedicated to hockey games for all ages. They also have programs to teach people basic ice skating, teach you how to play hockey and even classes to learn figure skating. Chilled Ponds also accepts reservations for private and public parties and events.

Historical Sites

If you want to live near history, this city has plenty of it. They have the Great Bridge, which is the original site of the Battle of Great Bridge on December 9, 1775. This legendary battle helped solidify the Continental Army’s reclaim on the state and drive the British Government from the colony. The bridge as well as a park dedicated to the battle are on the, appropriately named, Historic Way. The parks has many monuments surrounded by nice scenery to make it the perfect place for events and learning about our nation’s history while you are there. The first Saturday and Sunday of every December they have a two-day reenactment of the Battle of Great Bridge for the public to watch and participate in.

In front of the City Hall on the municipal center grounds is the Chesapeake Veteran’s Memorial. The memorial is made of a marble structure and more than 1,800 individual memorial pavers. It has been placed here to commemorate the service and sacrifice of the citizens and loved ones from this city who are serving, or have served, in all branches of the military. The memorial groundbreaking was held in conjunction with the Memorial Day Ceremony on May 30,2002. Every Memorial Day since then they have had a ceremony on that very site.

The Mid-Atlantic city of Hampton, Virginia is sits on the south east end Virginia’s peninsula and is home to an estimated 135,000 people, based on the most recent US Census Report. This Hampton Roads community is one of seven foremost cities in Virginia. The city of Hampton is one of America’s oldest cities having been established over 400 years ago. This thriving city is a modern technology mecca build on a foundation of classic American history and old-fashioned values. The city sprawls 51.41 square miles and with an estimated 2,673.2 people per square mile respectively.

The median household income is $49,890 with 24% of the population holding bachelor’s degrees or higher. The economic make-up in the area is a blend of military and civilian professions. 61% of the civilian workforce primarily work in manufacturing, healthcare, retail and food service, based on US census reports.United States history is strong in this region. Captain John Smith with one of the first to set foot on what is now US soil. Along with various other settlers Fort Comfort, now called Old Point Comfort, was established and the community blossomed. Over time it developed into one of the most active Atlantic seaport destinations. The first Africans entered the port in the early 1600s and the destination is rich in African culture and heritage.

In 1958, the National Aeronautics and Space Administration (NASA) trained the first group of astronauts for their journey into space here. The Langley Airforce base and Langley NASA are a driving force in space and aeronautical aviation and based in this seaside community.

The local parks, beaches and recreational options are endless. Fishing, hunting and nature trails are plentiful. Bethel Park is a local favorite and set on Langley Air Force Base. There are many outdoor options to enjoy at Bethal Park and features baseball fields, fishing, volleyball and hiking trails. Buckroe Beach Park is ideal destination for the beachcomber. Set along the Chesapeake Bay the beach spans approximately three quarters of a mile and is a favorite summer destination for the locals and vacationers alike.

The coastal region is a popular vacation destination is a draw for tourists throughout the summer and year-round. Beachside rentals, bed and breakfasts and variety of local hotels are available to suit any travelers need. The Magnolia House is a popular B&B as well as a popular wedding destination.

There is a rich food culture in this coastal market. Foodies and oenophiles have much to enjoy. The farm to table movement is in full swing with local farmers markets active such as Dean & Don’s Farm Market, to a variety of seaside restaurants and downtown gems such as Park Lane Tavern, The Barking Dog and The Deadrise. For those interested in the brewery scene local craftsman at Bull Island Brewing Company and St. George Brewing Company are building the brewery culture in this seaside Virginia town.

The city is rich in arts and culture. The Arts and Cultural District is a hub of collaborative artists, museums, theaters and musicians. The city is focused on developing the local artisan culture and providing financial incentives for bringing new business to the community. Charles H. Taylor Art Center, 670 Gallery and Elixir Sensory Art Gallery are establishing the community as a mecca for fine art and culture. Local businesses like Barrel-Art are cultivating a niche for custom furniture design.

Hampton Coliseum is the area’s largest concert and event venue and his home to local high school and college graduations, home shows and music concerts. The annual Hampton Jazz Festival, which was established in 1968, is hosted at the arena each year. The venue brings in national and international entertainment year-round.

Economic development is strong in both commercial and residential real estate in this medium-sized city. Neighborhoods like Fox Hill, Raleigh Terrace and Pine Chapel Village all have their own charm and nuances to suit any lifestyle and personality. The area is diverse in culture with varying ethnicities including Hispanic and African American.

The home value index is an estimated $153,453 per Zillow.com. As of March 31, 2018, the anticipated sales growth in the residential retail market is 1.5% over the next 12 months. The median listing price per home is $174,900 (February 28, 2018) and $160,300 is the median sale price (February 28, 2018).

Median gross rental rates as of 2016 was $1,032. Overall the market has 60,146 units in July of the same year. The average rent for a two-bedroom, two-bath rental, is approximately $1,195 per month. (February 28, 2018)

To learn more about a comprehensive market analysis of your rental property please call us today.