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

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


Financial Freedom For Retirees in Renting – Glen Allen, VA

Joseph Coupal - Tuesday, February 21, 2017

The Gardens at Twin Hickory Apartments, Glen Allen, VAA growing number of homeowners are using the equity in their houses, by selling and moving into an apartment.

One couple sold their home two years ago, but they didn't buy a condo. Instead, like a growing number of people downsizing, they rented.

He often woke up in the middle of the night last month as he often does. This time, though, he rolled over and went back to sleep.

That's when he knew that after more than two years of turmoil, he was finally home. The fact that the roof over his head belongs to someone else only added to his peace of mind.

They are among a growing number of downsizers, who are choosing to rent rather than buy a retirement nest. It is a choice that can be physically, mentally and financially liberating.

The couple is healthy and vibrant. But a couple of years ago, their two-story home of 32 years was "just consuming too much time and it was absorbing huge amounts of energy that we wanted to use in other ways." There were rooms they didn’t even use.

"We wanted to leave while we still could — gracefully."

The emotional and financial decision to rent rather than buy is becoming more common.

Many retirees have had a really good run by owning their own homes for many years. They've accumulated a lot of equity. They have a feeling that the market is going to go back down again and all the benefits of this great market are going to be lost if they don't cash in.

At the same time, these home sellers can't necessarily see spending hundreds of thousands, plus maintenance fees, on a condo.

Many retirees don't want the responsibility of owning a home any longer. With an apartment you can close the door and go away.

Some are open to renting or buying.

"Buying any of the condos we looked at would have consumed a huge percentage of our net worth. You don't want 50-, 60-, 75-, 80 per cent of your net worth in one piece of real estate. It's just too risky.

The couple pays rent every month and they only write just three checks a month — rent, electric/gas and cable. When they lived in their house, there were 15 to 20 regular expenses.

Gone are the bills for a security system, for chimney repairs, sewer connections and maintenance agreements on appliances.

Community is important too. Many can rent in an apartment community where they know and can meet other residents.

Is renting a condo saving them money on a monthly basis?

Maybe not. But it isn't costing more. And  they can take the proceeds from their home sale and invest the money.

Releasing the equity on your house can actually generate enough cash flow to cover rent.

For people rich in equity but cash poor, renting can give them the freedom to pay for some of the extra things they want in life. It's all very well to watch your home's value appreciate, but you can't eat a doorknob.

If the decision to rent or buy a smaller home is a financial wash, then go with the better emotional fit. That frequently depends on whether you are comfortable giving up the control of owning your own place or whether you really need the cash to cover the cost of enjoying retirement.

If you're going to rent and invest your home's equity you need to look carefully at where you're putting that money so you're not seeing your old age security benefits clawed back.

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

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thestar.com


What's it Like to Live in Richmond, VA?

Joseph Coupal - Monday, February 13, 2017

The Gardens at Twin Hickory, Glen Allen, VAMore than 7 million tourists visit the Greater Richmond region each year to explore its rich American history. Patrick Henry gave his famous "Give Me Liberty or Give Me Death" speech in Richmond's St. John's Church and, as the former capital of the Confederacy, the metro area was at the epicenter of the Civil War. Modern-day interests can easily be found in the region as well, including world-class museums, a vibrant food scene and a wide array of entertainment options from concerts and theater performances to family-friendly festivals.

The only region in America with whitewater rapids running through its downtown district, Richmond is a major financial center with banks like Capital One Financial and SunTrust Banks calling it home. Richmond is also the seat of Virginia's state government. And, with a wide range of housing options and a below-average cost of living, the Richmond metro area – which includes suburban areas in the counties of Chesterfield, Hanover and Henrico – appeals to a varied demographic, from young families to retirees.

Downtown Richmond is anchored by Virginia Commonwealth University, which draws a large crowd of younger part-time residents. But this college town (also home to the University of Richmond) has plenty to offer families and older residents, as well. Each of Richmond's neighborhoods exudes a unique personality, from the historic 19th-century homes in Church Hill to rustic farms and family-friendly suburban communities in the outlying counties.

Rankings

U.S. News analyzed 100 metro areas in the United States to find the best places to live based on quality of life and the job market in each metro area, as well as the value of living there and people's desire to live there. Richmond ranks as #24 with an overall score of 6.9 out of 10.

Richmond, VA - #24 in Best Places to Live

  • 6.9 Overall Score
  • 6.7 Quality of Life
  • 7.1 Value

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

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US News


Decorating Ideas for Your Apartment in Glen Allen, VA

Joseph Coupal - Monday, February 06, 2017

The Gardens at Twin Hickory, Glen Allen, VARenting is fast becoming the preferred option for everyone from millennials to baby boomers; many cite the flexibility of not being “tied down right now” as their number one reason for sticking to a lease. Thankfully, renting doesn’t have to mean standard-issue ecru walls and sad vinyl floors, either. From quick cosmetic fixes to easy swaps, it’s never been easier to upgrade your apartment in Glen Allen, VA without forgoing your security deposit. Here, a few easy adjustments that will turn your home from fine to fab in no time.

Swap light fixtures

Light fixtures in rentals are usually not the coolest—and sometimes they’re downright depressing. (Ahem, fluorescents.) Luckily, these can easily be swapped out for something that suits your taste. Most swaps are simple enough to do yourself, but be sure to hire a licensed electrician if you want to add anything more complicated, like a ceiling fan.

Switch to dimmers

Low lights add a lot of instant ambiance, but most people don’t realize how easy it is to swap their regular wall switches for dimmers. Just be sure to follow directions from a reliable source—and always cut the fuse before working on a project involving electricity.

Add color

Being tame with color is arguably the most common mistake renters make. Color gives a room life. Try painting one wall for a rich and quick-to-repaint accent, or try removable wallpaper for a dose of pattern. Vendors like Chasing Paper and Tempaper offer excellent options for every taste.

Upgrade window treatments

Swap cheap plastic blinds for something more luxe, like linen roman shades or silk drapes. Pro tip: Hang your window treatments just a few inches above the top of your windows to create the optical illusion that your ceilings are way higher.

Swap hardware

If you’ve ever wished your bathroom looked like a spa, here’s your big moment. Swapping out fixtures like showerheads, drawer pulls, and faucets is a relatively easy trick that can elevate your space and create a cohesive story. Not only do these little details make a big difference, but there are also beautiful options at every price point.

The Gardens at Twin Hickory represents a new style of living in the beautiful and exclusive Twin Hickory Neighborhood in Richmond’s West End. Enjoy unmatched comfort in spacious floor plans with 9’ ceilings and gorgeous crown molding. Get your dream kitchen with two choices of finishes; our classic chef-style kitchen with bright white cabinetry and white appliances or contemporary chic with mocha wood cabinets, black appliances, granite countertops and planked-style flooring.

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

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Vogue


How to Know if You Should Rent or Buy - Glen Allen, VA

Joseph Coupal - Monday, January 30, 2017

The  Gardens at Twin Hickory, Glen Allen, VAWhile everyone needs a place to live, it may be better to rent as opposed to buying in some situations. How do you determine whether your money is better spent making a rent payment or making a mortgage payment?

Pros and Cons of Buying a House

If you are looking to put roots down in the community, it is worth your money to buy a home. This is because you will have a reason to spend $1,000 or more every month for the next 10, 15 or 30 years.

The home will also appreciate in value, which means it can be a great way to grow your wealth as time passes. Another benefit is that you can sell when you are ready as opposed to being forced out of a home because your lease is up.

Some downsides to buying a home include the cost of mortgage interest and insurance. You also have to pay property taxes as well as set aside money for maintenance and furnishing your home.

Pros and Cons of Renting

The biggest benefit to renting is that you are typically only obligated to live there for a year. In some cases, you may be able to sign a short-term lease or find a landlord willing to rent to you on a monthly basis. This means that you would be free to leave by giving 30 days’ notice.

The biggest downside to renting is that in most jurisdictions, there are not tax breaks for those who pay rent like there are for those who pay a mortgage.

Renting a home is ideal for those who are not ready to commit to the community or aren’t sure about their long-term financial situation.

For more information on renting apartments in Glen Allen, VA, contact The Gardens at Twin Hickory.

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realtybiznews.com


Advantages of Living in an Apartment – Glen Allen, VA

Joseph Coupal - Monday, January 23, 2017

The Gardens, Glen Allen, VAAn apartment is a great home option, whether you have just started a graduate job, moved to a big city, or just want to downsize your property. When making the decision to live in an apartment, it’s important to take into consideration all the pros and cons.

It may be that your lifestyle and situation point clearly to the best option in terms of a house or apartment. Sometimes the decision isn’t that easy, so if you are still trying to work out which option is best consider these advantages of living in an apartment:

Location

If you don’t have a car then the location of your home could be crucial. If you are starting a new job or need to be in the city center, then an apartment is likely to suit you better than a house.

It’s much easier for an apartment complex to afford to be in a desirable city location, whereas houses are much more expensive. Living in an apartment can be very beneficial if you want to walk to work, and is great if you want to experience a city’s nightlife just a short way from your home.

Amenities

Many people would love to have a home with a swimming pool, gym, and tennis court, but the reality is most wouldn’t be able to afford it. The great thing about an apartment complex, especially a big one, is that they often come with all these things.

Owners of large apartment complexes will often reinvest some of their rent money into creating these luxury apartment amenities, in order to retain existing clients and attract new ones.

Security

When moving into a new property it is important to feel secure. One big advantage of living in a flat or apartment is the availability of several layers of added security, especially in a gated complex.

There is a usually a code to get into the building, CCTV cameras around the entrance, and apartments off the ground floor. Most houses just have an alarm and a lock on the front door.

Commitment

If you are just starting your career or moving to a new city, you may not know exactly where you want to live. The great thing about apartments is that you can usually get relatively short-term contracts.

Many landlords offer yearly contracts, and once they are up you can sometimes ask to keep them rolling – this gives you the freedom to move out with just one month’s notice if you want to change location.

Costs

There are usually less costs involved when living in a flat. You don’t have to worry about the structure of the building, as the owner of the complex is responsible for that, and many other repairs are usually not up to you to pay for, especially if you are renting.

The rent of an apartment is usually cheaper than the mortgage in a house too, and if the square footage is smaller you will have cheaper living costs, such as gas, water, and electricity.

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

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Hunters


When Renting Can Be a Right Decision – Glen Allen, VA

Joseph Coupal - Tuesday, January 17, 2017

The Gardens at Twin Hickory, Glen Allen, VAConventional wisdom suggests buying a home makes more financial sense than renting. In many cases, this is true. However, renting is sometimes a smarter approach than buying.

As with any financial decision, all of the options and circumstances need to be weighed before jumping in. Making a major purchase requires doing some homework. The following are some reasons why renting can be more beneficial than buying.

Youth

The typical first-time home buyer is 31-years-old. People who are younger than that and uncertain about their futures should not feel pressured into buying simply because it is presumed to be the “adult” thing to do. Renting and feeling your financial way, which can include seeing how a job pans out or where one’s budget lies after paying off debts, might make more financial sense than buying.

High price-to-rent ratio

Buying may seem like a wise idea, but it could be causing people to spend more than necessary, particularly if they check the price-to-rent ratio and find homes in their area are not fairly priced.

Figuring a P/R ratio includes finding two similar houses (or condos or apartments) where one is for sale and the other is for rent. Divide the sale price of the first place by the annual rent for the second. The end result is the P/R ratio.

The higher the P/R ratio, the more sense it makes to rent instead of buy.

Home prices continue to rise

Some people find themselves being priced out of certain neighborhoods or cities. While the typical worker’s earnings increased a meager 0.3 percent during the study period, median house prices were up by 17 percent. Wages have not recovered from the Great Recession as quickly as home prices have, and some people may need to rent out of necessity.

A market shortage makes it harder to find an affordable home. The number of homes available for sale in many areas of the country has fallen below the number that is required for the market to be in balance. Therefore, even when a home becomes available, demand drives the price up to where it may not be affordable or fiscally smart to purchase. In such instances, renting may be the best option.

One doesn’t meet the buying criteria

Individuals should not buy a home based on market conditions or pressure from others. Instead, they should buy when they’re financially ready. This means being out of debt; having between three and six months of expenses in an emergency fund; enough cash for a 10 to 20 percent down payment on a fixed mortgage; and when their mortgage payment will be no more than 25 percent of their monthly take-home pay.

Renting can be a smart move in many instances. Only when individuals are financially and emotionally ready to buy should they begin searching for their first homes.

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

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villagenews.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