A picture in the city of Roanoke

Roanoke

About Roanoke, Virginia

Welcome to Roanoke, Virginia, a city nestled in the Blue Ridge Mountains, known for its scenic beauty and rich history. Roanoke, often referred to as the "Star City of the South," boasts a vibrant cultural scene, diverse culinary offerings, and outdoor activities. The city's downtown area is a hub of arts and culture, featuring museums, galleries, and theaters. Roanoke's greenways and parks offer residents and visitors alike a chance to enjoy the natural surroundings, while the city's markets and festivals showcase its community spirit and local talent.

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Average Home Prices in Roanoke

The average home price in Roanoke, VA, is approximately $251,026, offering a range of residential options from historic homes to modern apartments. The city's real estate market reflects its growing appeal, providing opportunities for both first-time homebuyers and seasoned investors. Roanoke's neighborhoods vary from urban settings to more secluded, natural areas, catering to diverse preferences and lifestyles.

Based on calculations of home data from MLS and/or public records.

Veteran Benefits in Virginia

  • Virginia Veterans Homes
    Virginia offers veterans homes in Richmond and Roanoke, with new facilities opening in Puller and Virginia Beach. These homes provide care for honorably discharged Virginia resident veterans, with costs based on the individual's ability to pay.
  • Virginia Veteran Financial Benefits
    Active duty personnel can enjoy up to $15,000 of tax-exempt military basic pay, with additional benefits for retired veterans, including increasing deductions on retirement income. Disabled veterans benefit from a real estate tax exemption on their homes.
  • Virginia Veterans Employment Benefits
    Virginia provides a 5% test score addition for veterans seeking state employment, with 10% for disabled veterans. Programs like Troops to Trucks facilitate CDL licensing for qualified military personnel.
  • Education Benefits
    The Virginia Military Survivors and Dependents Education Program offers tuition and fee assistance at state-supported institutions for eligible family members of veterans affected by military service.
  • Recreation Benefits
    Disabled veterans can access free or discounted hunting and fishing licenses, with state park admission benefits extending to those with 100% VA disability.
  • Virginia Veterans Cemeteries
    Veterans are entitled to no-cost burial in one of Virginia's three veterans cemeteries, with a nominal fee for eligible family members.
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Roanoke Neighborhoods and Surrounding Areas

Roanoke's neighborhoods offer a blend of historic charm, urban convenience, and natural beauty, each contributing to the city's unique character. Here are 20 of Roanoke's neighborhoods, providing a snapshot of the diverse living options available:

  • Grandin Village: Known for its historic charm and vibrant community, Grandin Village features a variety of local shops, restaurants, and the iconic Grandin Theatre.
  • Old Southwest: This historic district boasts beautiful Victorian homes, tree-lined streets, and a strong sense of community, alongside modern conveniences and cultural attractions.
  • South Roanoke: Offering upscale living with scenic views, South Roanoke is known for its quiet streets, fine dining, and proximity to parks and trails.
  • Wasena: Wasena combines urban accessibility with outdoor recreation, featuring parks, a greenway, and a growing local business scene.
  • Raleigh Court: A family-friendly neighborhood with a mix of historic and contemporary homes, Raleigh Court is close to schools, parks, and shopping.
  • Crystal Spring: An upscale area known for its historic architecture and peaceful living environment, Crystal Spring offers easy access to amenities and downtown Roanoke.
  • Williamson Road: A diverse and bustling area, Williamson Road is a commercial hub with a variety of dining, shopping, and entertainment options.
  • Belmont: Offering affordable living and a tight-knit community, Belmont is an area with growing appeal, featuring local businesses and community initiatives.
  • Garden City: Known for its scenic beauty and outdoor spaces, Garden City is a quiet, residential area ideal for those seeking a tranquil lifestyle.
  • Hunting Hills: An exclusive neighborhood with luxurious homes, Hunting Hills offers privacy, stunning landscapes, and a prestigious golf club.
  • Edgehill Estates: Featuring spacious homes and well-manicured lawns, Edgehill Estates is a desirable neighborhood for families and professionals.
  • Wildwood: Nestled among natural beauty, Wildwood is known for its outdoor amenities, including trails and parks, perfect for nature enthusiasts.
  • Mountain View: Offering panoramic views of the surrounding mountains, Mountain View is a neighborhood that combines natural beauty with community living.
  • Villa Heights: A neighborhood in transition, Villa Heights is attracting new developments and residents with its potential and community spirit.
  • Riverdale: Situated along the Roanoke River, Riverdale offers waterfront living with a mix of residential options and access to outdoor activities.
  • Airlee Court: Known for its well-built homes and mature trees, Airlee Court is a quiet, residential neighborhood with a welcoming atmosphere.
  • Fallon: Home to a diverse community, Fallon is an area with affordable housing options, community resources, and local businesses.
  • Preston Park: A neighborhood with a mix of housing styles, Preston Park offers amenities like a community center, parks, and easy access to downtown.
  • Mill Mountain: Adjacent to the iconic Mill Mountain Park, this neighborhood offers outdoor adventure, stunning views, and a close-knit community.
  • Norwich: An up-and-coming area, Norwich is known for its community initiatives, local arts scene, and diverse housing options.

Military in Virginia

While Roanoke does not have a significant military base within its immediate vicinity, its community honors and supports the broader military presence in Virginia, contributing to veterans' services and commemorating military heritage through various memorials and events.

Local Universities in Roanoke

Roanoke's academic landscape is enriched by several higher education institutions, fostering a vibrant educational environment:

  • Roanoke College: Nestled in Salem, just adjacent to Roanoke, this liberal arts college is known for its commitment to student development and community engagement.
  • Virginia Tech Carilion School of Medicine: Located in Roanoke, this institution combines a rigorous medical education with research initiatives, contributing to the city's medical and scientific community.

VA Home Loans in Roanoke

VA Home Loans offer numerous benefits for veterans in Roanoke, facilitating homeownership with advantageous terms:

  • No Down Payment: VA Loans enable veterans to purchase homes in Roanoke without the financial burden of a down payment.
  • Competitive Interest Rates: Veterans benefit from lower interest rates on VA Loans compared to conventional loans, easing the path to homeownership.
  • No PMI: VA Loans eliminate the need for private mortgage insurance, reducing monthly housing costs for veterans.

MHS Lending provides tailored assistance to veterans in Roanoke, helping them navigate the VA Loan process and secure their ideal home.

Click here to request more information about the VA Home Loan
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