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Foreclosure Homes in Lake Ridge, VA

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View this home at Georges Knoll Ct Lake Ridge VA 22192
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Georges Knoll Ct
Lake Ridge, VA 22192
Single-Family
|
4 |
4.5
|
3,705
AUCTION: 05-01-2024
Single-Family
|
4 |
4.5
|
3,705
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Top Reasons To Live In Lake Ridge, VA In 2024

Lake Ridge is located in Prince William, Virginia, with an estimated municipal population of 44,716 residents. All of the best foreclosed homes for sale in Lake Ridge are located in the following zip code areas on Foreclosure.com: 22192. The estimated population per square kilometer (.62 miles) in Lake Ridge is 1,849.


Cost Of Living In Lake Ridge, VA

So, about how much do homes cost in Lake Ridge? The most recent median value of resident-owned homes in Lake Ridge is 341,331. An estimated 74.6 percent of households in Lake Ridge own their homes, with an average family size of 3.55. The median household income in Lake Ridge is 102,244, with52 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lake Ridge, the median commute time of resident workers (in minutes) is 41.5. And last, but certainly not least, are you looking for homes to rent in Lake Ridge? If so, the average rent price paid by renters in Lake Ridge is 1,819, according to recent statistics.


Diversity And Demographics In Lake Ridge, 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 Lake Ridge, 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 Lake Ridge is 36.1, split between 48.3 percent male versus 51.7 female. The percentage of residents who report being married in Lake Ridge is 54.6, with an average family size of 3.55.

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

White 57.4%
Black / African American 22.3%
Asian 7.6%
American Indian / Alaskan Native 0.3%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 6.9%
Other 5.3%

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

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

Under 10 15.5%
Aged 10-19 13%
20s 11.1%
30s 17%
40s 14.2%
50s 12.4%
60s 9.9%
70s 4.3%
80+ 2.3%

Best Schools In Lake Ridge, 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 Lake Ridge with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Lake Ridge.


Pros And Cons Of Living In Lake Ridge, Virginia

How do you know that living in -- or moving to -- Lake Ridge is right where you need to be? Perhaps you grew up in Lake Ridge or already live nearby; therefore, the decision to buy a home in Lake Ridge is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Lake Ridge 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 Lake Ridge:

  • 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 Lake Ridge.


Reasons To Move To Lake Ridge, Virginia, In 2024

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

Lake Ridge, VA Foreclosures


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