Market Snapshot
The Norfolk-Newport News region earns high marks among young professionals and growing families searching for new construction townhomes for sale in southeastern Virginia. Norfolk and Newport News are waterfront cities that, along with Virginia Beach, form Hampton Roads, which is the name of the body of water at the confluence of the Elizabeth, Nansemond, and James rivers, and the name of this metropolitan region. This diverse area is recognized for its low cost of living and many outdoor recreational opportunities.
Townhouses for sale in Norfolk-Newport News
Townhomes and condominiums for sale in the Norfolk-Newport News typically offer two- and three-story options with traditional and coastal architectural features and floorplans designed to suit any lifestyle. Condos here typically feature up to four bedrooms and up to 3.5 baths. Open, modern floorplans with included one- and two-car garages are standard, and many feature private outdoor space and balconies.
Why rent a condo in Norfolk when you can own one?
Condo living in the Norfolk-Newport News area not only offers low-maintenance living opportunities for homeowners but also offers residents some great amenities that include playgrounds, parks, swimming pools, clubhouses, and beach access. Condominiums and townhomes will also allow you to take advantage of home equity in your investment at a lower cost than a traditional single-family home. There are 10 active communities throughout the Hamptons Road metro area with townhouses for sale from 7 area builders, with prices starting at $259,900.
New townhomes have changed a lot over the last decade making the pre-construction townhome market soar to new heights. Michele Lerner shares her thoughts on why townhomes are in demand. These are not the row-houses and new construction duplexes of yesteryear. Modern townhouses come with luxury appointments and a range of options. While there are still many townhouse developments that offer attached duplex, triplex, or quadplex floorplans, newer developments often provide detached townhomes and condos in duplex and other configurations. While these townhomes look attached, in higher-end neighborhoods, builders may invest in separate walls for use in multiplex housing units giving you the privacy, security, and silence of a detached home.
Before shopping for your new townhome, you will want to know a little bit about the shopping process, the benefits, financing, and how newer amenities separate today's townhome developments from those of just a few years ago. First off, here are a few things to know and do when shopping for a townhome, and 10 reasons why a townhome might be right for you. Then you may need to consider how you will finance your new townhouse or condominium in Norfolk & Newport News.
Finally, you will enjoy some of the best new ammenities for townhome and condo living that just were not available a decade ago. Here are some of the new amenities in multi-family homes you are likely to find in Norfolk & Newport News.
Townhomes and condominiums are typically more affordable in Norfolk & Newport News than single-family homes with prices starting at $259,900 all the way to $674,515 and beyond. Of course, if you choose to live in a luxury townhome or condominium, the prices can be quite high.
Townhomes & Condos in Norfolk & Newport News, VA
Finding new construction townhomes and condos for sale in Norfolk & Newport News is easy with Newhomesource. Here's an overview of what you will find for sale on NewHomesource.com.
| Townhome & Condo Communities | 10 |
| Homes for Sale | 466 |
| Floor Plans Available | 15 |
| Home Ready Now | 51 |
| Starting Price | $259,900 |
| Square Footage | 1,290 to 2,686 sq/ft |
| Bedroom Options | 2 to 5 |
| Bathroom Options | 2 to 3 |
| Leading Builders with New Construction Condos and Townhomes |