Is Winchester, VA a Good Place for a Real Estate Investment?

Is Winchester, VA a Good Place for a Real Estate Investment?

You betcha! Inman News recently published it's Top 10 Best Markets for Real Estate Investors and our very own Winchester, VA makes the list coming in at number 2! In making this analysis, Inman took into consideration markets with: high affordability, low and dropping prices, a larger share of foreclosure sales, high population growth, an improving unemployment rate that is close or better than the national average, high projected return on investment (ROI) over the next ten years, and a low total cost of ownership-to-rent ratio.

Winchester, a little hidden gem close to Loudoun County, boasts a median sales price of $161,000 and an unemployment rate of 6.9% which is compared the the national unemployment rate of 9.1%! Although this beautiful little town is the least populated area (128,472) on the Top 10 list, it has had tremendous growth over the last decade with a 24.7% jump in population! Now that is amazing!

Want to see for yourself just how much bang for your buck you can get in Winchester? Contact your real estate experts at Ask Gina & Company today and let us unlock the possibilities for you!