Rent to Own Homes in Reidsville
The city of Reidsville forms a thin border around Lake Reidsville and then extends to the northeast in northwestern North Carolina. This area is positioned approximately 20 miles from Greensboro and 40 miles from Winston Salem. Residents can reach Danville, Virginia, in about a half hour, and Roanoke is less than a two-hour drive to the north.... Read More
The city of Reidsville forms a thin border around Lake Reidsville and then extends to the northeast in northwestern North Carolina. This area is positioned approximately 20 miles from Greensboro and 40 miles from Winston Salem. Residents can reach Danville, Virginia, in about a half hour, and Roanoke is less than a two-hour drive to the north. Close proximity to these thriving cities gives Reidsville residents many options when commuting for employment and entertainment purposes.
Reidsville was originally known as Wright's Crossroads and was occupied only by an innkeeper, Reuben Reid. The area eventually became home to the American Tobacco Company, but that happened only after the city established itself as a major producer of tobacco products. Today, there are approximately 15,000 people living within Reidsville city limits.The below results are primarily rent to own homes in :
The city of Reidsville forms a thin border around Lake Reidsville and then extends to the northeast in northwestern North Carolina. This area is positioned approximately 20 miles from Greensboro and 40 miles from Winston Salem. Residents can reach Danville, Virginia, in about a half hour, and Roanoke is less than a two-hour drive to the north.... Read More
The city of Reidsville forms a thin border around Lake Reidsville and then extends to the northeast in northwestern North Carolina. This area is positioned approximately 20 miles from Greensboro and 40 miles from Winston Salem. Residents can reach Danville, Virginia, in about a half hour, and Roanoke is less than a two-hour drive to the north. Close proximity to these thriving cities gives Reidsville residents many options when commuting for employment and entertainment purposes.
Reidsville was originally known as Wright's Crossroads and was occupied only by an innkeeper, Reuben Reid. The area eventually became home to the American Tobacco Company, but that happened only after the city established itself as a major producer of tobacco products. Today, there are approximately 15,000 people living within Reidsville city limits.The below results are primarily rent to own homes in :
Historically, the American Tobacco Company was the dominating employer for Reidsville residents. The city has now diversified its economy, attracting a variety of employers to the city's industrial park. Jobs are also readily available in retail stores and restaurants throughout the city and in surrounding communities. Many residents still choose to commute to larger cities for even more employment opportunities.
The Reidsville Downtown Corporation has worked hard to revitalize the downtown area. This includes Market Square, where residents now come together for festivals, live entertainment and other community events.
Buying vs Rent to Own Homes?
If your goal is to own a home in the Reidsville area, you might want to look for rent-to-own properties. These homes give you the opportunity to move into a rental house with the expectation that you will buy the property in the future. In most cases, you will have a year or longer to secure financing and close on your new home. In the meantime, other buyers cannot make an offer on the house or buy it out from underneath you. These homes give you the opportunity to rent your way to homeownership.
Reidsville is a small town in the northwestern region of North Carolina and is home to approximately 15,000 people. These residents benefit from a newly revitalized downtown area, a community gathering place and a new industrial park offering a variety of jobs. Since the city is a short drive from several larger cities in North Carolina and Virginia, residents also have the option of commuting for employment and outdoor recreation. It's common to see the median home price in Reidsville drop close to $100,000, which reflects prices substantially lower than the national average. This pulls the overall cost of living down for most residents.
Summary
Reidsville is a small town in the northwestern region of North Carolina and is home to approximately 15,000 people. These residents benefit from a newly revitalized downtown area, a community gathering place and a new industrial park offering a variety of jobs. Since the city is a short drive from several larger cities in North Carolina and Virginia, residents also have the option of commuting for employment and outdoor recreation. It's common to see the median home price in Reidsville drop close to $100,000, which reflects prices substantially lower than the national average. This pulls the overall cost of living down for most residents.
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