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West Virginia is located in the Mid-Atlantic, Southeastern, and Appalachian regions. It is bordered by Virginia, Maryland, Pennsylvania, Kentucky, and Ohio. About 1.800 million people live here. It’s noted for rolling hills, mountains, and the coal mining industry.
Charleston is the largest and capital city of West Virginia. Other popular places to live in this state include Star City, Bridgeport, Cheat Lake, and Winfield.
Planning to relocate to West Virginia? If so, read on to learn more about alternative housing options in this beautiful state.
Buying a House in West Virginia
When it comes to the West Virginia real estate market, the homes sell for about $200,000 on average. The typical home value is $113,578. It should be noted that the purchase prices vary widely between neighborhoods. The homes for sale stay on the market for approximately 50 days.
West Virginia: Rent to Own Homes in West Virginia
When purchasing a house, you should have a good credit score to qualify for a home loan or mortgage. Not everyone has stellar credit though; many homebuyers struggle with debt and can’t afford a down payment right away. What can they do?
Rent-to-own houses with lease options could be an answer. Every buyer should consider this alternative option when buying a rent-to-own property. However, before jumping into an agreement, you need to have a clear understanding of the process, advantages, disadvantages, and potential risks.
Living Expenses in West Virginia
The cost of living and housing are the most important considerations for anyone who plans to move to West Virginia. Everything from groceries to utilities and transportation is affordable in this state.
Healthcare is an exception. It’s slightly above the national average. On the other hand, the cost of housing is about 50% lower than the U.S.average.
Affordable housing makes West Virginia popular with house hunters. With a bit of research, finding a future home in this state should not be a difficult task. Take a look at our listings and act fast when you spot such a home on the real estate market because properties sell quickly in West Virginia.
Reported Annual Crime In West Virginia