Located just over 50 miles from both Washington D.C. and Richmond, Fredericksburg combines the slower paced, relaxed lifestyle of an historic city with the convenient access to the jobs and opportunities of thriving modern commerce centers and major employers. That makes it a wonderful place to visit but also an amazing city to call home, which is why there is so much interest in Fredericksburg real estate.
The name of the city is inextricably linked with the history of our country, with 2 major battles of the civil war taking place nearby and named after Fredericksburg itself. The sites of those battles are preserved as the Fredericksburg and Spotsylvania National Military parks, a great place to visit that has become a very popular tourist destination. History flows around Fredericksburg like the Rappahannock River, not just the famous battlegrounds, but wonderful buildings such as the boyhood home of George Washington, Ferry Farm, located on the banks of the river just opposite the city and the only US home of famed naval leader John Paul Jones. If you love historic America, Fredericksburg real estate brings 19th and early 20th century design to life. Everywhere you go in Fredericksburg tradition and history surrounds you.
As beautiful as Fredericksburg property is around the historic quarter, there is more to this city than history. Local industry includes the defense industry and government contracting, especially regarding the running and maintenance of the national parks in the region. There is an abundance of local breweries that bring traditional flavor to wonderful evenings, and with an amusement park, adventure parks and more, it’s a great place for family fun or just enjoying nature too.
Currently around 30,000 people live in Fredericksburg, with around a quarter between the ages of 18 to 24, and a similar number aged between 25 and 44. With 17% below the age of 18 and 12% above the age of 65, it is a relatively young city, with around 60% of households being families, and just over 20% having children below school age.
Census records show that whilst growing, the city has maintained a younger demographic, with both local and nearby employment opportunities making a home in Fredericksburg a great place to raise a family. There’s plenty to support family life too, with mall shopping and an array of dining options to match every budget and taste.
Fredericksburg real estate also enjoys the benefit of superb transportations links, with major roads including Routes 1 and 95 nearby and commuter train service providing easy access to the Capital and beyond. That easy commute to Washington D.C., Richmond and other areas is one of the major benefits for those looking to buy real estate in Fredericksburg, however there is also a comprehensive local bus service that makes travelling to shopping centers and attractions safe and simple too.
For those thinking of buying property in Fredericksburg, there is high quality education on offer. The city’s public schools are administered independently from counties in the region, and include 2 elementary schools, a middle school and a high school all with great reputations. In addition, there is a choice of private schools within the city which hcomprehensive athletics, arts, academics, and excellent reputations. Also found within the city is the University of Mary Washington, a 4-year public university offering a range of courses with more than 60 majors to choose from, including arts, science and business classes.
In addition, the city itself is home to a very good library, and with the historic museums and other activities around, Fredericksburg homeowners can enjoy a wealth of learning opportunities for themselves or their families outside the education system.
The Fredericksburg real estate market in some ways reflects the desirability of the city itself, seeing a 4% price rise over the last year, with the average Fredericksburg property selling in around 49 days. The average Fredericksburg home valuation is $310,000, and with real estate in Fredericksburg reaching about 1% below asking price, the forecast is that homes in Fredericksburg will continue to rise in value.
Buying property in Fredericksburg has many benefits, and also presents homebuyers with a broad choice. Not only in terms of budget, but of style too. With Fredericksburg property for sale including everything from modern town houses through traditional lots and even historic homes, whatever the taste, Fredericksburg real estate has something to please.
Blending history with modern living, homes in Fredericksburg enjoy a family friendly and welcoming city that has something for everyone. A great place to raise a family, it’s also a wonderful environment for those who love history, the outdoor life or both. Fredericksburg real estate opens the door to the lifestyle many dream of, with history on the doorstep and the future just waiting to be discovered.