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 Post subject: Richmond
PostPosted: Fri Jul 23, 2010 10:02 pm 
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Joined: Wed Jul 09, 2003 12:20 pm
Posts: 2117
Location: Virginia
Hi Richmond Folk.

My wife and I are kicking around relocating to the Richmond area for Job oppourtunities.

Any advice on areas to avoid, or better yet, where YOU would live if you made middle class income.

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 Post subject:
PostPosted: Sat Jul 24, 2010 12:19 am 
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Joined: Wed Oct 27, 2004 9:40 pm
Posts: 3700
Hi Ben,
What lines of work are you and your wife in?

Plenty of good places to live around here, it just matters what you want.

Shoot me a PM if you want to keep info private.

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 Post subject:
PostPosted: Sat Jul 24, 2010 4:25 pm 
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Joined: Thu Mar 11, 1999 6:01 am
Posts: 17068
Location: Richmond, VA --- Louisville, KY
For what it's worth... The West End (where Mike K and I live) is the only area that - on the net - has not lost property values in this real estate bubble crash and economic recession. There are plenty of good pieces of property for sale, and most of the schools in the West End (VERY important) are as good as the private schools.

South of the river is just the same. Farther west means newer and nicer. But you might be farther away from where you have to work, so... be careful.

A lot depends upon what you want. West Enders tend to be the most geographically heterogeneous. I like that. However... there's no sense of community. You really have to work hard to know your neighbors. Activities help (like karate). The West End is also getting very population dense, and traffic is getting bad around places like Short Pump. So be careful...

I highly recommend you do what I did when moving to the Richmond area, which is what I'm doing in Louisville. Get a reasonably inexpensive rental in an area near where you think you want to buy. With the recession, there are industries out there now wrapped up around renting homes to people who will take good care of them so that the mortgage gets paid (at least in part) and the house is lived in (which theoretically makes it easier to sell). It'll give you a chance to taste before you buy.

If you rent an apartment, do your homework. Go online and check where the sexual predators live. If your apartment demands a credit and criminal background check (and a deposit to cover it), then don't be offended. I just went through such a process for my Louisville rental. That means your neighbors aren't felons, rapists, or pedophiles. Trust me... they cluster in apartment complexes that don't do such background checks.

If you - or anyone else out there for that matter - are a health care analyst or do predictive modeling, well talk to me. My company his hiring (in Louisville), and their appetite (for now) is healthy. This place reminds me a lot of Richmond, only the economy is doing better.

Stay away from the east end, and from Richmond city. Unless you are a student, you don't really need to live there. It isn't safe, and it isn't a good place to raise a family. The exception would be if you're very good at home repair, and want to be part of a gentrification project in some really historic neighborhoods (e.g. Monument Avenue).

- Bill


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 Post subject:
PostPosted: Thu Jul 29, 2010 2:45 pm 
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Joined: Wed Jul 09, 2003 12:20 pm
Posts: 2117
Location: Virginia
Hey guys,

Thanks very much for the advice and information. Sorry to take so long to respond. I took my family camping up in Douthat State park this week, and all my "free" time was spent packing or unpacking :crazyeyes:


There may be an opportunity for both my wife, and me, to get jobs assisting with the implementation of an electronic medical record within a large Hospital group. If the money talks loudly enough we may very well relocate.



I need to crunch the numbers and see what the median income, cost of living, house prices (either rental or purchased), and of course - neighborhood demographics, are of for my wife and I to determine if a move is worth it.

Hi Bill,

PM for You

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