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Local Real Estate Market
The Valley's MLS real estate sales continue
to show the consistent growth that has typified the area for years. During
2002, REALTORS handled 4896 residential units which represent a 7% increase
over 2001 (17% over 2000). The average price was $152,400 for 2002 (national
average is $203,200).
# Houses in The Valley
(2000 census)
| Roanoke City |
45,257 |
| Roanoke County |
36,121 |
| Salem |
10,403 |
| Botetourt County |
12,571 |
| Roanoke MSA |
104,352 |
Roanoke was selected as one of the top 20
places in America to retire. This has allowed the consistent growth as today's
market is redesigning the way Roanoke Valley lives. New developments include
patio homes, townhouses which are maintenance free, plush condos, and
single-family carefree communities.
We have affordable housing; the cost of
living is low; we have low taxes and crime rate; and we have major health care
providers. When you add the nation's low interest rate, the combinations have
blessed the Roanoke Valley real estate market.
We have another special feature also.
Neighborhoods such as South Roanoke, Raleigh Court, Grandin Court, and Olde
Southwest City with their older homes have seen a surge in remodeling. The
nostalgia factor is a real plus. Tree lined, sidewalk neighborhoods are in real
demand and the Valley can meet that demand.
Sandy and I are prepared to help you in the
Roanoke Valley. Our market is 40 miles from the east (Bedford) to the west
(West Salem) and 60 miles south (Rocky Mount) to north (Fincastle and Eagle
Rock). We have lake communities at Smith Mountain Lake; residential areas
throughout Roanoke, Salem, and Vinton; rural/country living (even with horses)
in Botetourt, Bedford, and Franklin counties; plus secluded mountain settings
throughout the Valley. Let us know how we can assist you at durantvick@cox.net or
1-540-354-4444 Request our Free Roanoke, Salem and Roanoke County Relocation Package. It's packed full of useful and important information about the Roanoke, Salem and Roanoke County, Virginia area. Don't move here without it! Remember: we'll send it to you for free and without obligation. Just fill out the form and we will send it right out... 
Working With An Agent >Listening To Your Needs
Some buyers purchase the exact kind of house they said they were looking for, in the neighborhood they preferred. Other buyers surprise us by falling in love with a house that is the complete opposite of what they originally wanted.
Real estate agents listen carefully when buyers describe their needs and preferences. We screen our current inventory of homes to come up with possible matches. Since there is almost always some compromise involved when selecting a home, we may suggest alternatives that might work for buyers.
If you like a specific neighborhood where there are no homes in your price range, we may suggest homes in other areas with similar amenities. If you want four bedrooms, and one of them will be used as a home office, we may look for a den or family room that could serve your needs. When you look at houses, remember that your feedback is important to us--and it won't hurt our feelings.
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