Located at the centre of Chardon, Ohio, 13170 Ravenna Rd is a remarkable and potentially valuable property. This address has historical significance, and whether you are looking for a place to live, invest, or explore the history of the region, there is much to uncover. In this article, we will start with the real estate value and market trends of the property and cover all of its importance in history. With thorough research and current information, this guide will showcase everything you need to know about the location.
What is the Significance of 13170 Ravenna Rd Chardon?
Chardon, Ohio, is home to this exceptional property, which is located at 13170 Ravenna Rd. and is known to stand out in the thriving suburban community of Geauga County. The property, aside from residential beauty, has a lot of commercial potential as well.
Real Estate Insights
- Location: The property is located on the popular Ravenna Rd, which runs through Chardon, giving an easy approach to various neighbourhoods.
- Value: The suburban lifestyle that the town offers, along with the proximity to big cities such as Cleveland, continues to draw more people and, thus, increases the property value.
- Appeal: People looking to settle down and even those seeking investment opportunities are positively attracted to properties like 13170 Ravenna Rd due to its combination of rural environment and urban convenience.
Important Stats Inequalities & Data Pertaining to The Property
- Average Home Value in Chardon: $245,000 Ballooning as 2024 approaches.
- Distance To Cleveland: 40 miles North East. Still well within city limits and, therefore, easy to reach.
- Points of Interest: Additional attractive features of 13170 Ravenna Rd include proximity to schools, parks, and shopping centres.
The Chardon Area: Description of the Area
Chardon is an immaculate city. Its nurturing community and rich history are truly something to marvel at. Chardon is ripe with both residential and commercial properties as it is the county seat of Geauga County and thus offers a mix of both. Consequently, 13170 Ravenna Rd is situated in the heart of the city, which makes it an ideal location for this purpose.
Historical Importance of Chardon
- Founded: Chardon was founded with the early settlements of Ohio. The development and growth of the region can be tracked alongside the wave of industrialization during the early 19th century.
- Key Landmarks: The heart of the region is represented by the town square and the Geauga County Courthouse, which dominate the landscape. Mystery also shrouds the massive cultural significance of these structures, which puzzles residents to this day.
- Growth: Over the past few decades, we observed staggering growth in the city, which has ballooned its population to an estimated 5100 residents currently.
Economic Influence
- Employment Opportunities: The suburban lifestyle is very in vogue these days. Coupled with Cleveland being just around the corner makes Chardon very attractive to professionals. Not to mention the multitude of available jobs in healthcare, retail and education make it a prime location.
- Property Appreciation: Chardon is becoming more renowned and accessible which has positively influenced the property values of the area. Recently, there has been a lot of interest in 13170 Ravenna Rd.
Property Features and Layout of 13170 Ravenna Rd
The house at 13170 Ravenna Rd defines suburban real estate. Even though the individual features and dimensions of each home differ, having an idea of the general context of houses in the neighbourhood is important.
Common Property Features
- Location: Homes on Ravenna Rd are set well away from the street, providing generous yards and gardens at the back and front.
- House Type: This is a predominantly residential neighbourhood that has various types of family houses, from simple ranches to big palatial homes.
- Zoning: Chardon has combined residential zoning with some commercial, which allows some degree of entrepreneurial activity.
| Feature | Description |
|---|---|
| Lot Size | Typically ranges from 0.5 to 2 acres |
| Home Type | Single-family homes, residential estates |
| Zoning | Primarily residential with commercial opportunities in some areas |
The arrangement of houses in the neighbourhood provides both seclusion and convenient access to essential facilities, making it a highly desirable region for families, as well as anyone who wishes to expand.
Changes in Real Estate Along Chardon And Ravenna Roads
The real estate market in Chardon, specifically on Ravenna Road, has been continuously improving over the years. All of these trends have to be considered when purchasing, selling and looking to invest in real estate, such as 13170 Ravenna Rd.
Recent Market Trends
- Increased Valuations: Real estate prices on average in Chardon have increased over the years, and on average, homes appreciate by 6.5% every year. Houses on Ravenna Road appreciate at a similar rate.
- Demand for Suburban Homes: The demand experienced in Chardon post-pandemic for suburban homes has considerably increased, which in turn has made more people move to the area.
- New Construction: There has been a noticeable increase in the construction and remodelling of older homes, and this new housing development is positively affecting the general area.
Data from Recent Sales in the Area
| Address | Sale Price | Year Sold | Square Footage |
|---|---|---|---|
| 13150 Ravenna Rd | $275,000 | 2024 | 2,300 sqft |
| 13220 Ravenna Rd | $300,000 | 2023 | 2,600 sqft |
| 13085 Ravenna Rd | $265,000 | 2024 | 2,100 sqft |
All the data points suggest that the real estate market in Chardon is healthy and very competitive. This makes 13170 Ravenna Rd prime real estate for potential buyers and investors.
Opportunities in Real Estate Development at 13170 Ravenna Rd
The region surrounding 13170 Ravenna Rd is ripe with potential for investors. This region will be appealing for capital investment in the long-run due to the blend of suburban charm along with Cleveland’s proximity.
Opportunities For Investment
- Residential Properties: The demand for homes is increasing in the Chardon area; thus, buying a property on Ravenna Rd would be ideal due to its rental potential and appreciation value over time.
- Commercial Development: The mixed zoning on Ravenna Rd permits the establishment of businesses, and in some cases, multi-family units can be constructed.
Primary Investment Driving Factors
- Demand For Suburbia: The demand for suburban properties is increasing, thus leading to higher home value appreciation rates.
- Location To Major Highways: The existence of major highways such as Route 44 and Route 422 enables easier travelling for residents and businesses, thus increasing the region’s attractiveness.
Forecast on 13170 Ravenna Rd and Chardon
Focusing towards the future, the expectations for 13170 Ravenna Rd alongside the greater Chardon area are looking optimistic. The region’s gradual growth will open up a variety of opportunities in real estate development over the next few years.
Primary Growth Factors for Chardon
- Increasing Population: The suburban population near Chardon is expected to increase as more people prefer living close to Cleveland. This increase in residents will encourage the construction of new houses, driving property prices higher.
- Chardon Development Projects: There is an ongoing plan for infrastructural development, which will include the expansion of existing roads and the construction of new commercial and residential buildings. These developments will raise the attractiveness of Ravenna Rd and other such areas.
- Parks and Recreational Facilities: Chardon is also attractive to families as well as outdoor lovers because of its numerous parks and nature preserves. The addition of more green spaces and recreational activities is likely to attract even more prospective homeowners.
- Transportation to Cleveland: Chardon’s attractiveness to commuters will be enhanced by the expansion of public transport infrastructure as well as the easy access of highways to Cleveland, making it appealing to people living in the suburbs.
All these factors suggest that the area around 13170 Ravenna Rd will continue to appreciate, making the area a good investment opportunity.
Maximizing the Property Potential of 13170 Ravenna Rd
If you own real estate at 13170 Ravenna Rd, then optimizing the value of your investment is paramount. Here are some handy strategies to ensure you make the most of your investment:
Renovations and Remodeling
- Curb Appeal: Repairs to the exterior of a house often result in a better impression from the outside, and renovations such as Landscaping, repainting the exterior, and updating the siding of the house can make a difference when attracting prospective buyers.
- Interior Upgrades: Updating cooking and bathing areas is one of the best improvement investments people can make. This will allow new owners to put their appliances and fixtures using modern appliances, therefore increasing the market value of the property.
Energy Efficiency Improvements
- Energy-Saving Windows: Replacing old windows with newer, more appealing, energy-efficient types can result in a decrease in expenses and make the property more appealing. Numerous homebuyers are on the market to purchase new homes with these energy-saving clever changes.
- Insulation and HVAC Upgrades: Prospective buyers looking to buy a new house with less enduring maintenance costs would welcome these changes – energy-saving insulation and modern HVAC systems.
Increase Usable Area
- Finished Basement or Attic: Finishing the basement or attic is an excellent way to increase the square footage of usable space and significantly enhance the value of the property.
- Outdoor Living: There is an increase in demand for patios, decks, or garden spaces as people spend more time at home. Making changes or improvements to these areas of your home can greatly boost its appeal to buyers.
Smart Home Features
- Smart Thermostats: The installation of smart thermostats serves the dual purpose of energy control and convenience for homeowners, which is always a great selling point.
- Security Systems: Smart security systems consisting of cameras, alarms, and remote access offer added comfort to potential buyers.
These improvements will help you optimize the value of your property at 13170 Ravenna Rd. With these changes, you can be sure to receive a higher return on your property come selling time.
The Function of Local Real Estate Agencies and Services in Chardon
Chardon’s real estate market can be a tricky battleground for new buyers and sellers, making it vital to get local aid. Local real estate agents and property services make purchasing property less stressful. Here’s why hiring a local professional is important:
Market Knowledge
Agents have an intimate grasp of the area, including current market conditions, pricing trends, and neighbourhood dynamics. They can help buyers search for suitable properties while advising sellers on the appropriate selling price for their homes.
Negotiation Skills
It is beneficial to have a skilled negotiator advocate for you in any real estate deal. A real estate agent in your area can represent your interest on either side of the transaction and help you achieve the best value.
Connection with Local Services
Real estate agents tend to nurture great ties with local contractors, inspectors, and other service providers. This network can be particularly useful when you need to make repairs or renovations or even prepare your property for sale.
Understanding of Local Regulation
Every locality comes with its zoning laws, taxation policies, and building regulations. A local agent will make sure that you comply with all the rules and will assist you in getting the permits if you intend to alter your property.
If you are active in the Chardon real estate market, working with a true local agent can make a real difference.
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Examining Chardon’s Growth and Its Influence on 13170 Ravenna Rd
While observing the broader movements gasoline the processes underlying the workings of properties such as 13170 Ravenna Rd, it is important to note how the capture of Chardon’s growth as a community is influencing the real estate market. Considerable expenditures on public infrastructure such as roads, schools, and public service facilities have taken place in the town over the last decade, which have led to an appreciation of real estate values.
Important Developments In Chardon
Infrastructure Development
Fulfilling investments in infrastructure development, such as road and highway expansion, is perhaps one of the most strategically important factors in Chardon’s growth. The expansion of Route 422 and its feeder roads has enhanced the connectivity of Chardon to Cleveland and other towns. This development increases the ease of commuting, which in turn has beneficial effects on property values. The location of the property on Ravenna Rd is favourable for business and residential development since it is located on these two feeder routes.
Economic Diversification
Chardon has shifted its focus to the service industry, especially healthcare and education, which has led to a stabilized local job market and a growing population. This shift toward a more diversified economy has increased the demand for housing, such as the residential property located at 13170 Ravenna Rd.
Educational Institutions and Community Services
Alongside the diversified economy, Chardon provides quality education with some of the best schools in Geauga County, covering both elementary and high schools such as Chardon High School. Other than schools, Chardon also invested in recreational parks, community centres, and other amenities, making it an ideal location for families with children of all age groups.
Growing Retail and Dining Options
Because of the growing population of Chardon, the area is also witnessing growth in retail and selection of restaurants. The newly fueled commercial growth stems from increased local economic activity expanding into restaurants, coffee shops, and boutiques in the town’s downtown area. This provides smaller-town charm while catering to urban living, making places such as 13170 Ravenna Rd a sought-after location.
Chardon continues to enjoy growth around 13170 Ravenna Rd. With these developments, the region’s real estate market output signals an increase in investment opportunities.
Commonly Asked Questions
How much do homes near 13170 Ravenna Rd, Chardon, sell for?
Areas surrounding 13170 Ravenna range from $250,000 to $350,000. The size, condition, and exact location of the dwelling especially influence this.
What is located around 13170 Ravenna Rd, Chardon?
Amenities such as schools, parks, shopping centres, and restaurants are all located within proximity. The area is suitable to live in while also being serviced easily.
What is the projection of the Chardon real estate market for the year 2025?
In the year 2025, the market is expected to remain strong as demand for suburban living alongside the Cleveland area continues to sustain increasing prices.
Is there value in investing at 13170 Ravenna Rd?
Absolutely. The property is well positioned for both residential and commercial development, which makes its investment prospects outstanding, considering the increase in property values, accessibility, and overall growth of the region.
In what ways is Chardon important historically?
Chardon’s history is highly interesting, starting with its founding in the early 1800s. It features main attractions and an active community that appears to be expanding continuously.
Conclusion: The Benefits of 13170 Ravenna Rd for Buyers and Investors
To summarize, 13170 Ravenna Rd in Chardon, Ohio, is perfectly situated for anyone wishing to reside in an energetic and growing community. The property is perfect whether you buy it for personal use or as an investment – so much potential abounds. The blend of suburban charm, rich historical background, and being near Cleveland makes this area a great hub for homeowners and investors.
It’s obvious that 13170 Ravenna Rd is more than just an address, and emphasizing real estate trends, history, and growth potential makes it clear that it is an investment for a smarter future.
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