Southside, Virginia Information
Traditionally, Southside, Virginia, has been seen as the region south of the James River. It gets its name for that geographic feature, and it was the first region to see development during the Colonial Era. Most people considered the area affluent because many entrepreneurs of the time settled there. Today, most people define this region as confined to the Piedmont area. This definition, however, describes the heart of the area.
Southside, Virginia Details
Differing from the climate you find along the coastal regions of Virginia, Southside summers will typically stay warm enough for summer activities like swimming, horseshoes, camping and fishing. Normally, the temperatures remain in the upper 80s and stay within the lower 90s. The area usually stays five to seven degrees hotter than Richmond. For most of the winters, temperatures remain fairly mild, but the nighttime temps can drop well below the freezing point of 32 degrees Fahrenheit. You will experience temperatures between five to seven degrees colder than Norfolk. This largely happens because of how far the region sits from the Atlantic ocean.
Build a Snowman with Your Children
For families looking to set memories, the area sees lovely snowfall almost every year. Normally, this will be less than 12 inches, but if you choose a region on the northern or western fringe, you could see an annual increase of seven inches more than the rest of the region.
Seeking Higher Education?
The area has 11 established colleges. On the whole, the region has an education rate of 18 percent who earned their bachelor’s degree. If you want to send your son or daughter to one of the schools here, you have many good ones to choose from like:
• St. Paul’s College
• Lynchburg College
• Randolph College
• Averett University
• Liberty University
This region has long been revered for its abundant tobacco crop. The soil’s rich nutrients and frequent rainfalls have meant you have some of the most ideal conditions to grow tobacco, more than anywhere else in the United States. Other things grown here include cotton plants. Starting in the 1940s, textile mills opened in the Piedmont area. This became popular in the south because of a lower cost on labor and no struggling with union organizations. Even today, the cost of living in this region is much lower when you contrast it with the metropolitan areas.
In Southside, the workforce has become abundant in the textile work, which yields more profit than farming, which was why they shifted over to it. In the 1970s a lot of the textile mills shut their doors for outsourcing to other countries like India, Thailand and Mexico, but furniture manufacturing employed thousands in the region during this time. For example, Bassett Furniture cropped up, and even today, they employ thousands in the town of Bassett. After the 1990s, manufacturing jobs became a major employment option, and you see a variety of manufacturing jobs from ceramics to metals.
Income: What is the Median?
When you examine the median family income, you find it sits at around $32,900. Meanwhile, 6.2 percent comes from the top 20 percent. Looking at students, you will see that 1.7 percent of students who lived in a poor family turned into a rich adult. These statistics show an average standing when you compare it to the rest of the United States. Because unemployment rate is only 4.0 percent, it shows the state has done well in recovering from the economic recession. In fact, Virginia even ranked as the 15th state in 2016 when measuring the unemployment rate.
Property in the Area
On average, houses rent here for around $500 a month, which is pretty cheap compared to the more metropolitan areas. Home values have become a popular subject for the region. Referring to statistics from CLR Search, most homes were valued at $300,00 to $399,000. Meanwhile, the number of owners without a home mortgage sat at 25.73 percent, while the owner households with a mortgage were 74.27 percent. Some more housing statistics include:
• Homes valued at more than $1,000,000 is 2.58 percent
• Homes valued at less than $10,000 is less than 1.20 percent
• The average rental rate is between $500 to $749
If you’re interested in learning more about the area, we’d love to give you a comprehensive real estate analysis of rental properties. For further information, call today. This area is rich with history that dates back to the Colonial Era. The area is more rural than the western part of Virginia, which is why many people have taken a liking to it. They are seeking a quieter area to settle down. Culturally, the Southside has a long-held reputation of being conservative and isolated, which is great for families who prefer this type of lifestyle.
Comprehensive Management and Maintenance Solutions
As a leader in the local property management industry in Virginia, Keyrenter Richmond helps owners of houses and apartments find relief from landlord responsibilities. We are a reliable and trusted business that uses traditional and innovative strategies to get real results for our clients. We know that maintaining properties and dealing with tenants can be a huge sink that detracts from the value of your real estate investment. We offer complete management services, so you don’t have to do do anything to reap the rewards from renting your properties.
Advanced Marketing and Tenant Relations
The key to success in property management is finding quality tenants and keeping them interested in the property. We are very confident in our advertising and marketing practices, which allows us to offer you our Tenant Guarantee. If the first tenant isn’t in place for at least six months, we will put it a replacement at no charge to you. The Keyrenter Richmond team of professionals are experts at problem solving and conflict resolution. We respond quickly to your concerns, as well as those of your tenants. Keeping residents satisfied with well-maintained properties ensures a prosperous relationship for all parties involved.
Optional Eviction Guard®
Our clients can also take advantage of Eviction Guard®, an optional service that protects you in the event of an eviction. For a small monthly fee, the program covers financial loss associated with court and filing fees that result from an eviction. Many property owners have saved money and a lot of stress with this service.
Highly recommend Keyrenter! As homeowners self-managing our property, we found ourselves struggling to find tenants in the off-season. Calvin and Ashley went above and beyond to ensure the house was in the best condition possible and worked tirelessly to ensure we found the perfect tenants.
J'Tanya I., Satisfied Client
Keyrenter is very organized. I have had several problems with my condo, and Keyrenter has been on top of everything. I can’t say enough good things about the company.
Steve S., Satisfied Client
I'm absolutely delighted with how easy Keyrenter made everything for me. From start to getting a renter into my house, it's all been convenient and simple. Great company, great service, great people!
Lorrie M., Satisfied Client
I happened to stumble over Keyrenter Property Management after being jostled around by multiple property management companies. Not being from Richmond made finding a home even more difficult and Keyrenter was amazing in this process. The communication is great and Calvin and his team have been more than accommodating to my family and I. I would give this 10 stars if I could. Highly recommended.
Zach & Hannah B., Satisfied Tenant
PROVEN AND TRUSTED