The Gardens at Twin Hickory

4700 The Gardens Drive, Glen Allen, VA 23059
Call: (844) 592-4344 (804) 364-3649 Email UsTheGardens.CommunityWebsite.HHHunt@aptleasing.info View Map

Opens: Monday-Friday: 9A-6P | Saturday: 10A-5P | Sunday: 1P-5P

The Gardens at Twin Hickory Blog

One of the Most Affordable Cities in Viginia is Richmond, VA!

Joseph Coupal - Monday, May 08, 2017

The Gardens, Glen Allen, VAModest housing costs in Virginia’s biggest and best cities make the Commonwealth especially attractive to prospective residents

The Commonwealth of Virginia is nicknamed the "Mother of Presidents" as eight U.S. presidents have been born there, more than any other state. And though the state may be relatively small—it’s the thirty-fifth largest and twelfth most populous—it features five distinct geographic regions, giving the state broad appeal across a wide range of demographics. In other words, whether you want to live in a big city or rural area, or prefer the beach or the mountains, there’s something for everyone in Virginia.

The most affordable cities are not necessarily the cheapest cities in Virginia, but are carefully chosen based upon budget-friendly and quality-of-life data points, in order to offer residents the best possible combination of livability and affordability.

4. Richmond

Like Roanoke, residents of the capital of Virginia enjoy reasonable housing costs, not to mention below average transportation costs. The median home value is $195,000, which is lower than the state average and something of a revelation, especially when one considers that Richmond is home to eight Fortune 500 companies and countless other major employers.

For more information on apartments near Richmond, VA in Glen Allen, contact The Gardens.

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Livability.com


Virginia: One of the Best States for Retirement - Glen Allen, VA

Joseph Coupal - Monday, May 01, 2017

The Gardens, Glen Allen, VAMany of us long for a retirement that will feel like going on a permanent vacation. But before we buy that beach bungalow, box up our stuff and break out the Costco-sized wine spritzers, a reality check may be in order.

Bankrate’s latest ranking of the best and worst states to retire finds the fun-in-the-sun places often associated with retirement may have drawbacks as we face aging issues and our savings dwindle. Retiree meccas like Florida and Arizona don’t come close to cracking our top 10.

#6. Virginia

Many do want to retire somewhere else - It’s no myth that many people dream of moving in retirement. A new Bankrate survey shows that 47% of Americans would consider relocating when they retire. Higher-earning households and younger people are more likely to say so than everyone else.

According to our poll, Americans’ priorities for a retirement haven suggest they’re giving a lot of thought to practical considerations like cost of living and health care.

How we rate the states

To rank the states according to what people say they want in retirement, we pull together data on these eight criteria:

  • Cost of living
  • Healthcare quality
  • Crime
  • Cultural vitality
  • Weather
  • Taxes
  • Senior citizens’ overall well-being
  • The prevalence of other seniors

Two of our categories are new: cultural vitality (whether residents can find fun stuff to do) and the prevalence of other seniors (whether it would be easy to find other retirees to hang out with).

We weight the factors based on the importance they were given in our survey.

For more information on apartments in Glen Allen, VA, contact The Gardens.

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Bankrate


One of America’s Cheapest States to Live – Glen Allen, VA

Joseph Coupal - Monday, April 24, 2017

The Gardens, Glen Allen, VACNBC scored all 50 states on more than 60 measures of competitiveness, developed with input from a broad and diverse array of business and policy experts, official government sources, the CNBC Global CFO Council and the states themselves. States receive points based on their rankings in each metric. Then we separate those metrics into 10 broad categories, weighted based on how frequently each is used as a selling point in state economic development marketing materials. That way, our study ranks the states based on the criteria they use to sell themselves.

Cost of living is one of the key categories of competitiveness, worth a possible 75 points toward a state's overall Top States score.

This year some states were tied. But Virginia ranked high on the list .

#13 Virginia

For more information on apartments in Glen Allen, VA contact The Gardens.

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CNBC


Smart Reasons to Rent in Retirement – Glen Allen, VA

Joseph Coupal - Tuesday, April 18, 2017

The Gardens at Twin Hickory, Glen Allen, VASometimes it makes sense to sell your house and rent.

You may have long pictured homeownership as a cornerstone of your retirement. But baby boomers are increasingly renting instead. From 2005 to 2015, the number of renters ages 60 to 64 nearly doubled.

Though the longer you live in a home the more likely it is that buying beats renting—if it is paid off, taxes and upkeep are probably lower than the rent you’d pay—there are times when renting is the way to go.

You’re restless

Want to buy a home in your favorite vacation spot? The idyllic weeks you’ve spent there may not give you a realistic sense of what life is like year-round. For example, 70°F winters might not be worth humid 90°F summers.

Trying out your new town by renting will save you money and headaches. Real estate can have huge transaction costs, like the typical 5% brokerage fee. You don’t want to pay it twice.

You want the extra cash

Selling the family home and investing some (or all) of the proceeds can help pad your savings—and provide peace of mind.

Yes, you could tap home equity via a reverse mortgage. But selling would supply more upfront cash. A 65-year-old with a $300,000 mortgage-free home could net $275,000 from a sale; a reverse mortgage would free up only $150,000. You’d have to tap some of your proceeds to rent a new place, but the extra long-term cost of renting might be worth the comfort of more cash on hand.

You want convenience

Sick of raking leaves? Don’t want to deal with peeling paint? Renting lets you off-load such chores. It’s not your problem anymore. A rental in a multiunit building can also include amenities you’ll value more as you age, such as an elevator and a doorman.

Rental property developers have started catering to older customers. The result: buildings that include a greater number of larger two- and three-bedroom units, as well as aging-friendly perks like door-to-door package delivery and trash pickup.

For more information on apartments in Glen Allen, VA, contact The Gardens.

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Time – Money


It is Cheaper to Rent than Buy in Every State, Including Virginia! - Glen Allen, VA

Joseph Coupal - Monday, April 10, 2017

The Gardens at Twin Hickory, Glen Allen, VAOwning a home is often considered the American dream — and it’s an expensive one. Homeowners in all 50 states and Washington, D.C., pay from 33% to 93% more for housing each month than do renters living in the same state, according to a new NerdWallet analysis.

But many homeowners reap benefits that you can’t get from renting. The equity you build can be leveraged for loans that can be used to improve the home and boost its value or be used in financial emergencies.

While renting can’t offer those financial benefits, it’s cheaper to rent on a month-to-month basis. If you’re wondering how to save money for a down payment, renting can help you build that nest egg — but in extremely expensive or competitive markets, renting might be better for the long haul.

To determine the monthly homeownership premium — the additional cost of owning instead of renting, expressed as a percentage — NerdWallet compared 2015 American Community Survey data from the U.S. Census Bureau for the median gross rent and median homeownership cost in each state and Washington, D.C. Median gross rent includes the costs of monthly rent and utilities for all kinds of rental properties, and median homeownership cost includes monthly mortgage payments, real estate taxes, insurance and utilities. This comparison doesn’t include the down payment required to buy a home, which is traditionally 20% of the home price for conventional mortgages, but is lower for FHA or VA loans.

Key takeaways

  • Owning is more expensive everywhere. Across all 50 states and Washington, D.C., it costs more each month to own a home than to rent. The median cost people pay nationwide to own a home is 54% more than the median cost to rent each month.
  • The smallest difference is still a third more to own.
  • In some states, the cost of owning far eclipses renting.

State: Virginia
Homeownership Premium: 48%
Median Monthly Cost to Own: $1692
Median Monthly Cost to Rent: $1144
Difference: $548

For more information on apartments in Glen Allen, VA, contact The Gardens.

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NerdWallet


You Can Live Like Royalty for Less Than 70K - Glen Allen, Richmond, VA

Joseph Coupal - Monday, April 03, 2017

The Gardens, Glen Allen, VAMaking a good living is one thing, living well is another. And that often boils down to where you choose to live.

The best places are likely the ones where you can find a job, earn a good salary and buy a nice home. In a 2016 report, job-hunting site Glassdoor calculated the top spots where your pay will go furthest, based on salaries and home values. To do so, the jobs site came up with a cost of living ratio — a city's median base salary divided by its median home value.

Noticeably missing are some of America's biggest cities. While you can certainly earn more in hubs like New York and San Francisco, few people can afford to buy a house or an apartment there.

We came up with the top 25 cities where an average paycheck goes a very long way and the quality of life is great. (A higher ratio number is better.)

22. Richmond, Va

Cost of living ratio: 31%
Median base salary: $59,800
Number of open jobs: 21,454

For more information on apartments in Glen Allen, VA near Richmond, contact The Gardens.

To see the whole article, click here.

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CNBC


Virginia is One of the Most Successful States In America – Glen Allen, VA

Joseph Coupal - Monday, March 27, 2017

The Gardens, Glen Allen, VAZippia did a breakdown of what the most successful states might be. Might they be states containing the most successful cities? Are these states doing something better than yours is? And is good ice cream a key to their success?

The answers? No, Probably, and most definitely. But we’ll get to methodology in a moment (ice cream was not one of our criteria…) First, here are the 10 most successful states:

  1. New Hampshire
  2. Maryland
  3. Minnesota
  4. North Dakota
  5. Hawaii
  6. Wyoming
  7. Alaska
  8. Virginia
  9. Utah
  10. Massachusetts

Virginia:

Of all the states we looked at (which would be… all of them…) Virginia had the eighth highest median income. Residents here were also the ninth least impoverished, overall, and the 14th least likely to be unemployed. Congrats, Old Dominion!

How We Determined the Most Successful States in America

The first thing that comes to most capitalist minds in terms of success is—money. After all, rich people must be successful, right?

Meh. Maybe. But we think there’s a bit more that goes into it than that. So we looked at this set of criteria from the 2010-2014 American Community Survey:

  • Poverty Level
  • Median Household Income
  • Unemployment Rate

Median household income is the most digestible way to understand how wealthy a place really is. The unemployment rate tries to capture the prospects for more people to become rich. And finally, if more people are employed, the brighter (and more successful) that place’s future looks.

After we collected the data for all 50 states, we ranked each from 1 to 50 for each of the criteria, with 1 being the most successful.

We then averaged all the rankings for a place into a “Success Score” with the state having the lowest overall Success Score crowned the “Most Successful State in America.”

As you saw, Virginia came in number 8. For information on apartments in Glen Allen, VA contact The Gardens Apartments.

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zippia.com


Virginia is One of America's Top States for Business 2016 - Glen Allen, VA

Joseph Coupal - Monday, March 20, 2017

The Gardens, Glen Allen, VAWe score all 50 states on more than 60 measures of competitiveness, developed with input from a broad and diverse array of business and policy experts, official government sources, the CNBC Global CFO Council and the states themselves. States receive points based on their rankings in each metric. Then we separate those metrics into 10 broad categories, weighted based on how frequently each is used as a selling point in state economic development marketing materials. That way, our study ranks the states based on the criteria they use to sell themselves.

Our study is not an opinion survey. We rely on tangible numbers to gauge each state's performance, scoring all 50 states on more than 60 measures of competitiveness, using publicly available data.

Here are our categories and this year's weightings.

Workforce - We rate states based on the education level of their workforce, the numbers of available employees, and the states' demonstrated abilities to retain college-educated workers. We measure workforce productivity based on each state's economic output per job. We look at the relative success of each state's worker training programs in placing their participants in jobs. We also consider union membership and the states' right-to-work laws.

Cost of Doing Business - We look at the competitiveness of each state's tax climate, as well as state-sponsored incentives that can lower the cost of doing business. Utility costs can add up to a huge expense for business, and they vary widely by state. We also consider the cost of wages, as well as rental costs for office and industrial space.

Infrastructure - We measure the vitality of each state's transportation system by the value of goods shipped by air, waterways, roads and rail. We look at the availability of air travel in each state, the quality of the roads and bridges, and the time it takes to commute to work.

Economy - We look at economic growth, job creation, consumer spending, and the health of the residential real estate market. We measure each state's fiscal health by looking at its credit ratings and outlook, as well as its overall budget picture. We also consider the number of major corporations headquartered in each state.

Quality of Life - We score the states on livability, including several factors, such as the crime rate; inclusiveness, such as antidiscrimination protections; the quality of health care; the level of health insurance coverage and the overall health of the population. We evaluate local attractions, parks and recreation, as well as environmental quality.

Technology & Innovation - We evaluate the states on their support for innovation, the number of patents issued to their residents and the record of high-tech business formation. We also consider federal health, science and agricultural research grants to the states.

Education - Higher-education institutions offer companies a source to recruit new talent, as well as a partner in research and development. We consider the number of higher-education institutions in each state, as well as long-term funding trends for higher education. We look at several measures of K–12 education, including test scores, class size and spending. We also look digital and lifelong learning opportunities in each state.

Business Friendliness - But we grade the states on the freedom their legal and regulatory frameworks provide for business.

Cost of Living- The cost of living helps drive the cost of doing business. From housing to food and energy, wages go further when the cost of living is low.

Access to Capital - We look at venture capital investments by state, as well as small-business lending on a relative basis.

Virginia is #13 on the list of America's Top States for Business.

For more information on apartments in Glen Allen, VA contact The Gardens.

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cnbc.com


Best Places to Live in America – Richmond, Glen Allen, VA

Joseph Coupal - Monday, March 13, 2017

The Gardens at Twin Hickory, Richmond, VAWhen deciding where to put down roots, many factors are in the eye of the beholder, such as climate, politics, or proximity to extended family.

Other aspects are coveted by nearly everybody: affordable housing, access to well-paying jobs, a low cost of living, good schools, and quality healthcare. In its recently released ranking of the best places to live in America, U.S. News & World Report gathered data on these crucial components for the 100 most populous US cities.

They then categorized the data into five indexes for each city — job market, value, quality of life, desirability, and net migration — to definitively rank these major metro areas.

Scores for "value," a blend of annual household income and cost of living, and "quality of life," which accounts for crime, college readiness, commute, and other factors, are included below on a 10-point scale, as well as the city’s population and median annual salary.

28. Richmond, Virginia

Population: 1,234,058
Median annual salary: $47,060
Quality of life: 6.7
Overall value: 7.3

Ripe with American history, Richmond is home to significant historical sites, like the church where Patrick Henry gave the famous "give me liberty or give me death" speech. It's also home to a slew of more modern attractions, including museums, concert venues, restaurants, and two universities: Virginia Commonwealth University and the University of Richmond.

For more information on apartments near Richmond, VA in Glen Allen, contact The Gardens.

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businessinsider.com


Wealthy Americans are Renting - Glen Allen, VA

Joseph Coupal - Monday, March 06, 2017

The Gardens at Twin Hickory, Glen Allen, VAIn line with pressing market demand, the housing industry has gone through a powerful shift towards more profuse options and amenities, increasing the options of available rental offerings. Pay close attention to detail regarding the reasons why affluent couples, families, and individuals are choosing to rent rather than purchase homes.

A Business Insider article asserts that “Many high net worth individuals have properties in various locations and would rather skip the cost and maintenance associated with owning” which is one of multiple reasons wealthy Americans are renting. A shift in attitude is being seen towards ownership as people manage their net worth in a different way. U.S. Census Bureau data shows a 217 percent the number of renter households earning more than $150,000 a year increase between 2005 and 2015. Put another way “For some it’s a lifestyle choice, as renting is more popular thanks to the high-end apartment market phenomenon that’s been spreading all over the U.S. in the last couple of years.”

The rising housing costs and volatility of the market are encouraging people to choose the safer option of renting, what they want, where they want without any of the risk involved. Cities are growing with new and different rental options becoming available. The conveniences available in new, executive developments, combined with the ease of mobility that renting allows are considerable influences on affluent Americans choosing to sign a lease. Young adults seek out alternatives to owning and delay first-time home buying, sometimes indefinitely leaning towards new luxury rental accommodations that are rapidly becoming available.

For more information on apartments in Glen Allen, VA contact The Gardens.

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livetradingnews.com



The Gardens at Twin Hickory

4700 The Gardens Drive, Glen Allen, VA 23059

Call: (844) 592-4344
Email UsTheGardens.CommunityWebsite.HHHunt@aptleasing.info
View Map

Opens: Monday-Friday: 9A-6P | Saturday: 10A-5P | Sunday: 1P-5P

$1,049-$1,481