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Relocating to Providence, Rhode Island offers newcomers the highest possible quality of life in a vibrant, educated and historic city. Providence boasts a scenic location at the confluence of the Narragansett Bay and Providence River. As a vital port, Providence was one of America's first cities, and today is the second-largest city in the New England region. Relocating professionals discover a wealth of employment opportunities in Providence. The city is home to businesses of all sizes that thrive thanks to Providence's educated and able workforce. The city has long been a notable center for silver manufacturing and design. Banking and finance have also been cornerstone industries within Providence. Other significant economic streams include healthcare, education, and shipping. Relocating families find that Providence offers world-class amenities within a family-friendly environment. This is due, in part, to the presence of several colleges and universities within the city. Providence is home to the Ivy League Brown University, Providence College, University of Rhode Island, the famed Rhode Island School of Design, and Johnson and Wales University. Newcomers who relocate to Providence will enjoy the city's distinct neighborhoods. Within the city, there are over two dozen specific neighborhoods, each with its own unique flavor and flair. The city's downtown core is known as Downcity, where some of Providence's early architectural styles are still visible today. Crossing I-95 from the city's commercial core will take you to residential neighborhoods such as the West End and Federal Hill. Providence home buyers find a wonderful variety and selection of homes to explore. Providence offers its residents a versatile real estate market, and, with steadily increasing rates of appreciation, home ownership has proven to be a solid investment for home owners in the area.
Recent reports indicate that real estate prices in Providence, Rhode Island currently start at a listing price of $30,000 for a single-family "starter" or "fixer-upper" style home. A typical three-bedroom, two-bath single-family home in Providence now starts at a listing price of $133,000. The median listing price for this type of home is currently around $245,000. At the highest end of Providence's real estate market, home prices now top out at $2,900,000 for a spectacular estate home dating back to 1801. With seven bedrooms and seven baths, this home represents Providence throughout its rich history. Buyers at this price point will find elegant living at its finest, with a number of historic and newer custom homes that offer expert craftsmanship and impeccable details throughout. In their free time, Providence residents enjoy a full calendar of fairs, festivals and special events. One of the region's most popular is WaterFire, a series of a hundred bonfires dancing along the water's edge in the heart of downtown. Public art dots the landscape, as do various live musical and other performing acts during this summertime festival. Providence is also rich with historic and cultural events. The city is home to Trinity Repertory Company--a Tony Award-wining theatre group--as well as several performing arts spaces, the Providence Black Repertory Company, and its own philharmonic orchestra.
The city also maintains a magnificent park system, with over a thousand acres of dedicated open spaces. Here, residents can take advantage of well maintained trails, breathtaking views of the cityscape, and historic sites of interest. Providence is also a haven for epicureans, who will quickly learn that this city boasts one of the highest rates of restaurants per capita in the United States. Providence has so much to offer that it has become an ideal relocation destination for singles, seniors, and families alike. If you are thinking about moving to Providence, Rhode Island, simply request our free relocation package today! |
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