Chesapeake VA Real Estate
January 17th, 2009 by Dave Macklin
Chesapeake VA is a diverse city with urban areas as well as many square miles of protected forests and wetlands, including a substantial portion of the Great Dismal Swamp. Extending all the way from the rural border with North Carolina to the harbor area of Hampton Roads adjacent to the cities of Virginia Beach, Norfolk and Portsmouth, Chesapeake is located on the Atlantic Intracoastal Waterway and has miles of waterfront industrial, commercial and residential property.
Formed as a city in 1963, Chesapeake is currently the third most populous city in Virginia. In 2006, its population was estimated to be 220,560, an 11% increase since its 2000 census count. Prior to the late 1980’s, much of Chesapeake was either suburban or rural, serving as a bedroom community of the adjacent cities of Norfolk and Virginia Beach with residents commuting to these locations. Beginning in the late 1980s and continuing to the present, however, Chesapeake has seen significant growth, attracting numerous and significant industries and businesses of its own.
Thanks to its close proximity to many other parts of Hampton Roads, Chesapeake is a convenient place to call home. The Norfolk International Airport is only 15-25 minutes away, and Interstate 64 – part of the Hampton Roads Beltway – passes through the city. The beautiful Outer Banks area of North Carolina is only a 45-minute drive from Chesapeake, thanks to the newly improved Route 168 By-Pass bypass that runs directly across the state border.
Chesapeake is known for its outstanding public school system, which is compromised of 28 elementary and primary schools, 10 middle schools, and 7 high schools. Families enjoy the many attractions of Chesapeake, including several city parks, a planetarium, and many nature trails. There are also abundant shopping opportunities and beautiful golf courses in this large city.
Because of the growth Chesapeake continues to see, it has defied many national real estate trends in terms of sales and property appreciation. As the city continues to be developed, new construction neighborhoods continue to appear and property in more established neighborhoods continue to rise in value.
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