Copper Hill's Blog

7 Reasons why "Philadelphia is the 7th Best City for Homes with Value"

Written by Copper Hill | Wed, Feb 7, '24

 

Tim Garrity is a seasoned real estate agent who has proudly called Greater Philadelphia home for his entire life, and Copper Hill is thrilled to share some exciting news. Recently, our beloved city was honored with the title of the "7th Best City for Homes with Value." If you're contemplating a move, whether you're a buyer seeking the perfect abode or a seller looking to maximize your property's worth, this blog post will provide 7 Reasons why homeowners in Greater Philadelphia cherish the high value of their current homes.

  1. A Tapestry of Neighborhoods

One of the unique charms of Philly is the diverse tapestry of neighborhoods that cater to every taste and lifestyle. From the historic cobblestone streets in Old City, to the vibrant energy of Fishtown, to the Main Street lifestyle in Manayunk, each established enclave has its own distinct character, appeal, and advantages. It just depends on what you want! The richness of choices ensures that there's a perfect fit for everyone, making your home more than just an address but a reflection of your personality and preferences.

  1. Rich History & Culture

Philadelphia stands as a testament to the birth of our nation, with an abundance of historical landmarks that make living here an enriching experience. Fun Fact: Philadelphia was the capital of the US from 1790-1800, when it then became Washington DC. Whether you’re looking to explore Independence Hall or stroll the iconic streets of Society Hill, Philadelphia’s sense of history and culture is woven into the very fabric of our homes and streets. Owning a piece of this rich history contributes to the perceived and actual value of your property.

  1. Economic Resilience

The City of Brotherly Love & Sisterly Affection has proven its economic resilience time and time again, even during challenging times. With a diverse economy that includes healthcare, education, and a thriving tech scene, Philadelphia provides a stable foundation for homeowners. The employment opportunities and economic stability contribute to the long-term value of properties, making it an attractive prospect for both buyers and sellers.

  1. A Culinary Wonderland

For food enthusiasts, Philly is a haven of culinary delights. From the iconic cheesesteak, to upscale dining experiences, to neighborhood favorites, our city's gastronomic offerings are hard to beat. Our burgeoning food scene not only adds to the quality of life in/around our city, but it also enhances the overall appeal and value of our homes. After all, who wouldn't want to call a city with such a delectable array of dining options home?

  1. Proximity to Nature

Contrary to the bustling city life, Philadelphia also offers easy access to nature, which most out-of-towners don’t know about. Not only is Fairmount Park a large and legit city park, but the Wissahickon Valley section is nothing short of amazing! Residents can escape the urban hustle and bustle without venturing too far from their stoop, and some of the city’s best access can be found throughout the historic neighborhoods in Northwest Philadelphia (i.e. Roxborough, Chestnut Hill, and more). This proximity to green space is a significant selling point for those looking to buy, and an attribute that contributes to the lasting value of properties.

  1. Thriving Real Estate Market

The recent recognition of Philadelphia as the "7th Best City for Homes with Value" is not just a testament to its past, but a promising sign for the future. The city's real estate market is still thriving in/around the city, presenting excellent opportunities for both buyers and sellers to capture value. Bottom line, it’s an affordable big city! As a real estate agent with a pulse on the local market, I can confidently say that investing in a home in Greater Philadelphia is a smart decision to explore.

  1. Community Spirit

Lastly, what truly sets Greater Philadelphia apart is its strong sense of community. If you have ever lived in one of the city’s neighborhoods, my guess is that you would agree. From block parties to large street festivals, the neighborly spirit is alive and well. The feeling of belonging to a community adds immeasurable value to your home. It's not just a property; it's a place where you're part of something greater, making every day more enjoyable and fulfilling.

Philadelphia being named as the “7th Best City for Homes with Value” is multifaceted. From the variety of neighborhoods to the rich history, economic stability, and sense of community, our city offers a unique blend of factors that contribute to the high value of homes. As you embark on your journey to buy or sell a home in Greater Philadelphia, rest assured that you're not just doing a transaction – you're investing in a lifestyle that is second to none.

If you're considering a move or have questions about the local real estate market, feel free to reach out. Copper Hill is here to help you navigate the exciting journey of homeownership in/around our beloved city … we’re licensed in New Jersey as well!