Church Hill

 

Richmond’s oldest neighborhood has seen multiple cycles of ebb and flow since its establishment in the 1700s, and it’s been on a steady revival for decades now, as more adventurous buyers have been renovating long-neglected homes. The neighborhood’s footprint is growing north and east, thanks to an increase in destination dining, plus a core community of civic-minded homeowners intent on preserving the district’s historic character. Although our review of the area’s 2014 sales shows modest activity (our listing looks only south of Broad Street), local agents say houses this spring are selling within just a few days of listing. And the average selling price has gone up more than 15 percent over the past five years, another indication of the seller’s leverage here.

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