Lexington (anyone know if High Ridge Rd is in a good neighborhood) (Richmond: real estate)

[colonel33]

I am moving to Lexington with my wife. I am an airline pilot for Comair and my wife is an attorney. We have huge educational loans to pay off and as a result have a limited budget. We are looking for a townhome in the 100-110 thousand range and have found one with quite a bit of square footage online off of Pimlico on high ridge rd. I am just curious if anyone can give me some information on this part of town. I imagine it might not be the best because it is almost twice the square footage of any other townhome we have seen online in this price range. I know with the money we won't get everything perfect but I don't want to be out of town and worry about her. Any other recommendations would be greatly appreciated. We hear a lot of good things about lexington and can't wait to move there.

[lexingtongal]

I'm not overly familiar with that area.
Do you have a realtor you're working with? They can be very helpful in knowing about particular neighborhoods. If you don't I know several that I could personally recommend (PM me if interested).
I believe you can search crime rates for specific areas on the LFUCG police dept's website.

[colonel33]

thanks for the reply. We don't have one yet. I was just trying to research the areas and see what results we could come up with from using lbar.com

[nlschr0]

I'm not familiar with that particular street. You do have to be careful in that general area because it is one of the areas where you might have several nice, family-oriented streets right next to a more run-down area with higher crime. For example, I think that the end of High Ridge backs up to an apartment or rental complex that used to be considered somewhat run down, although it's been a little while since I've been there.

A quick glance at the crime maps don't show a high number of calls for that street, but there are quite a few more for those nearby apartments. There were a few calls about possible burglaries along the street for the past six months.

[LEXpert]

I think there are better places for the same money. I live very close to this area. While I wouldn't call it bad by any means, I wouldn't want to buy there b/c there is sooooo much rental around. That area has declined over the past several years as owner-occupied units have been bought by investors. Right now there are alot of choices for townhomes in that price range. I would only go the townhome route if 1)you were planning on staying there for a long time, 2)were planning on using it as investment property after you move out, or 3) got one for a crazy good price. I know several people that bought 4-5 years back and now have theirs on the market. They aren't getting the appreciation like a house will. By the time they pay a real estate commission, they will walk with only a few thousand.

[centre]

It is not such a bad area. It does back up to apartments, so you will have a variety of people around. It is located close to the Richmond road and Hamburg Pavillion area for shopping, which is good. Also, near Man o War blvd and New circle road, two major roads here.

Stay away from the Centre Parkway/Trent Blvd area.