linkedin icon

Real estate in Wakefield-Peacedale

Rhode Island in Northeastern United States beckons numerous domestic home-buyers and investors. Wakefield-Peacedale should definitely be on your radar if you're scouting for a dream house or a condo in a quaint, picturesque setting amid splendid beaches. This charming town in Washington county with a waterside coast and traditional clapboard houses has earned the nickname "The Coastal Village" for its delightful architecture and landscape. Before you reach out to a local real estate agent, get familiar with the market conditions in the region, explore what properties Wakefield-Peacedale has to offer, and ascertain the approximate expense of acquiring a vacation home in such a distinct locale. From colonial-style homes that have graced the town for more than a century, to modern apartments that promise all contemporary amenities, Wakefield-Peacedale's real estate landscape is as diverse as it is attractive. Similar to Mijas in Spain, the region is not only known for its real estate offerings, but also for its striking scenic beauty, making it a popular choice for those looking to invest in property.

Wakefield-Peacedale properties: Market trends overview

The real estate market in Wakefield-Peacedale, Rhode Island has consistently shown price appreciation, making it a notable destination for investors both from within the United States and from international countries such as Canada, the UK, and Germany. The pleasant location of Wakefield-Peacedale allows residents to enjoy a relaxed way of life, while also providing a spirited vacation atmosphere due to the numerous recreational facilities, golf clubs, and its easy accessibility to the bustling city of Providence. Wakefield-Peacedale is known for its charming New England setting, rich historical background, and superior living conditions. Over the years, the authorities in Wakefield-Peacedale have made considerable investments in town progression, offering a variety of real estate options for both local and foreign buyers. The options range from contemporary townhouses and apartments, to stylish villas, traditional homes, and luxury penthouses. It is effortless to find properties and apartments for sale in Wakefield-Peacedale, Rhode Island, to suit any budget and lifestyle preferences, making this town a popular choice for foreign buyers. The combination of a serene coastal setting, a thriving community, and diverse property options make Wakefield-Peacedale, Rhode Island a sought-after location for real estate investment.

Average price of a property for sale in Wakefield-Peacedale

How much should you anticipate spending on properties in Wakefield-Peacedale, Rhode Island? This question doesn't have an unchanging response due to the many variables affecting the price. Among these factors are the property style, its closeness to historical landmarks and beaches, amenities available, and of course, individual preferences including luxury features, size, and accessibility, among other things. Recent data suggests that the highest asking price for a property for sale in Wakefield-Peacedale was $312 per square foot. You can find the most costly properties in the center of Wakefield-Peacedale. On the other hand, the most affordable prices, with an average rate per square foot of $204, are to be found in the outskirts of the town. Currently, the average listing price for a house in Wakefield-Peacedale is approximately $514,000.

Types of properties can you find in Wakefield-Peacedale

Wakefield-Peacedale, Rhode Island, boasts a wide variety of real estate options, such as condos, spacious townhouses, upscale waterfront homes, and quintessential New England cottages. The most admired properties are nestled in secure residential neighborhoods. Here, you can discover 3-4 bedroom condominiums featuring expansive decks and two-story homes. These properties are uniquely designed with each floor having independent access, as well as sizeable decks and fully equipped kitchens. Another option would be a newly-built house situated in a prime location in Wakefield-Peacedale, overlooking picturesque coastal landscapes, within walking distance to the beach. This makes it the perfect place to reside with an unrivaled combination of serenity and convenience.