Richmond VT Housing Values Increased Significantly
In a January 4, 2018 article the Burlington Free Press presented a chart of 2016 Housing Values and Inflation-Adjusted Change from 2012. Richmond VT housing values increased 23.2%, far greater than the next town of Jericho at 11.4%. Richmond even increased significantly more than towns such as Essex, Shelburne and Charlotte.
Having lived in Richmond for over thirty years, I didn’t find Richmond’s increase compared to the other twenty-nine towns surprising. Even with Richmond’s housing value increase, it is still a very affordable place to live and work.
I invite you to check out this for sale by owner property at 3325 Hinesburg Road – Richmond, VT 05477 to see if it might be a good fit for you, your family and/or home business.
There likely are a number of reasons why Richmond housing values increased more than twice the next town. I can attest that Richmond is a quintessential Vermont town of four thousand population, great eateries including two pubs, one a brew-pub, no big box stores, it’s own police force, fire department, rescue squad, business association, a walkable village with white picket fences, a local grass-roots newspaper, a business friendly government, a town manager, twenty minutes to Burlington, thirty minutes to Montpelier, just minutes from the famous Cochran Ski Area, and about fifteen minutes to Bolton Valley, Resort and forty-five minutes to Stowe….
The newest eatery, the Richmond Community Kitchen, has a business model like no other I am aware of. Check them out.