Bankruptcy Homes in Basye, VA

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View this home at Lee Dr Basye VA 22810

5 Bed | 3 Bath

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Home Value Estimator For Basye, VA

There are currently 1,009 real estate properties in Basye, VA, with a median automated valuation model (AVM) price of $323,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Basye, VA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Basye, VA, is $351,715.00, with the most expensive house in Basye, VA, topping out at $8,328,200.00 and the cheapest home in Basye, VA, clocking in at $73,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Basye, VA!

Rent Prices In Basye, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Basye, VA, is on a rollercoaster ride. The average rent price in Basye, VA, is $1,099.00. Indeed, when looking to rent in Basye, VA, you can expect to pay as little as $550.00 or as much as $2,940.00, with the average rent median estimated to be $1,070.00. The good news is that finding an affordable and desirable property to rent in Basye, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Foreclosure Homes in Basye, VA

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Basye, VA area at Get information on foreclosure homes for rent, how to buy foreclosures in Basye, VA and much more. Save thousands at closing with home foreclosure listings in Basye, VA — up to 75% off market value!

Top Reasons To Live In Basye, VA In 2023

Basye is located in Shenandoah, Virginia, with an estimated municipal population of 953 residents. All of the best foreclosed homes for sale in Basye are located in the following zip code areas on 22842 22810. The estimated population per square kilometer (.62 miles) in Basye is 42.

Cost Of Living In Basye, VA

So, about how much do homes cost in Basye? The most recent median value of resident-owned homes in Basye is 205,112. An estimated 87.4 percent of households in Basye own their homes, with an average family size of 2.9. The median household income in Basye is 75,547, with28.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Basye, the median commute time of resident workers (in minutes) is 39.4. And last, but certainly not least, are you looking for homes to rent in Basye? If so, the average rent price paid by renters in Basye is 1,154, according to recent statistics.

Diversity And Demographics In Basye, Virginia

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Basye, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Basye is 49.3, split between 53.7 percent male versus 46.3 female. The percentage of residents who report being married in Basye is 59.2, with an average family size of 2.9.

The percentage of residents who report their race in Basye is as follows:

White 93.6%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 6.4%
Other 0%

Looking for family-friendly neighborhoods in and/or near Basye? Or maybe you are searching for 55+ active adult communities in and/or near Basye?

The percentage of residents who report their age in Basye is as follows:

Under 10 7%
Aged 10-19 7.1%
20s 16.2%
30s 4.8%
40s 16.9%
50s 10.8%
60s 15%
70s 14.7%
80+ 7.6%

Best Schools In Basye, Virginia

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Basye with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Basye.

Pros And Cons Of Living In Basye, Virginia

How do you know that living in -- or moving to -- Basye is right where you need to be? Perhaps you grew up in Basye or already live nearby; therefore, the decision to buy a home in Basye is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Basye for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Basye:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Basye.

Reasons To Move To Basye, Virginia, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Basye can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Basye, meanwhile, can field multiple offers from more qualified buyers.

Basye, VA Bankruptcy Homes


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