Luxury Homes for Sale in New Town, Williamsburg, VA

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Services for Real Estate Pros with InboundREM

Neighborhood Information

 

Williamsburg, Virginia's New Town is a residential neighborhood planned out in great detail and was built to the west of downtown Williamsburg. New Town was intended to be a mixed-use community with residential areas and a thriving commercial district. Suitable housing for professionals in the suburb and Downtown Williamsburg is being built alongside these commercial areas. Please feel free to get in touch with our team if you have any questions about the properties currently on the market in New Town, Williamsburg, Virginia. Whether you're looking for a new home, a vacation rental, or an investment property, we're here to help.

New Town is home to several well-established commercial buildings. Big-box retailers, shopping malls, and office buildings are all present in this part of town. If you're looking for a suburban home, New Town has a wide variety to choose from. As well as traditional suburban subdivisions, you'll find several multi-family condominiums and apartment complexes. Townhouses are also available in Williamsburg, VA, for those looking for a starter home. As previously stated, residents of New Town are within proximity of the city's center and all of its amenities. 
All of the area's schools, universities, and shopping centers are within a short distance of the neighborhood. The master-planned community of New Town offers a wide variety of recreational and public outdoor spaces for residents to enjoy.

 

Real Estate Information


Budget-conscious buyers interested in New Town should look at condos with two to three bedrooms. A typical two-to three-bedroom home in this price range has a price tag of around $300,000. There are larger units available for those in search of a larger home, including a townhouse. Single-family homes are also abundant in the region and can be found dispersed around several suburban cul-de-sacs at prices ranging from the $400,000s to the upper $600,000s. Most of these homes have three to five bedrooms, ranging from 1,800 square feet to 3,500 square feet.

 

Neighborhood Location


To the west of Downtown Williamsburg, New Town is a master-planned community with a central location. Modern home buyers will appreciate how well-designed this mixed-use development is for providing all the amenities they need. Ironbound Road, Monticello Avenue, and the Humelsine Parkway are major thoroughfares that pass through the community. The development includes several big-box retailers like Target, Walmart, Belk, Barnes and Noble, and others. If you're looking for a centrally located home near the city center, you'll want to check out the New Town district's available properties.

To explore different views and for more information, visit the original neighborhood post:

https://williamsburghomesva.com/williamsburg/new-town/

 

Williamsburg, VA Market Report:

Households: 28,920
Median Listing Home Price: $435K
Median Listing Home Price Per Sqft: $181
Median Rent: $1,514
Average Days on Market: 42
Home Ownership Percentage: 76.4%

 

Williamsburg, VA Community Report:

Population: 77,993
Average Household Income: $87,678
Median Age: 46.5
Associate's Degree or Higher: 31%
Elderly Percentage: 15.81%
Cost of Living Score: 112.5

 

If you would like to receive a FREE Competitive Market Analysis, contact me today.

 

Let us help you find your perfect home!

 

If you require a Buyer's Agent to represent you during your transaction, please feel free to contact our office at 757-447-9498. We would be glad to work with you to get the best deal possible for your transaction.

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POSTED BY

 

Tim Cummings

757-447-9498

5350 DISCOVERY PARK BLVD,

WILLIAMSBURG, VA, 23188

https://williamsburghomesva.com/

 

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