Rhode Island Real Estate - The Cozy State
By Raynor James, Fri Dec 9th

Rhode Island is the smallest state in the union. While RhodeIsland real estate prices aren't the smallest, the appreciationrate is healthy.

Rhode Island

Located between Connecticut and Massachusetts on the AtlanticOcean, Rhode Island is a cozy state dominated by water. While agood part of the state is coastline on the Atlantic, the oceanalso penetrates into the state in areas such as NarragansettBay. A beautiful state, Rhode Island has historically been theplayground of the affluent

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and remains so today. Towns such asNewport are populated with over the top mansions that seem to bemore a statement of celebrity than wealth. With the turning ofthe leaves, all of Rhode Island is a beautiful place to be inthe fall.

Providence

The state capital of Rhode Island, Providence is a surprisinglylarge city with a definite New England atmosphere. Built overrolling hills and the meeting of two rivers, walking through thecity feels like visiting the early years of our nation. Withcolonial residences throughout the city, Providence carries acertain traditional atmosphere that is only really broken up byBrown University, an Ivy League university. If you've enjoyedolder cities in England, you might find Providence veryappealing.

Newport

Newport has historically been the hot spot for the rich on theeast coast. The town is littered with over the top mansions andmanors that simply have to be seen to be believed. Fortunately,a number of them are open to the public for viewing so you canget a real feel for how the rich played in the past. You'll beable to stroll through such homes as "The Breakers", Cliff Walkand the 70 room Vanderbilt home. Each of the homes are designedto make a major impression on you and they will. For dailyliving, Newport is a pleasant location, but you'll need a heftybank account to make it work.

Rhode Island Real Estate

Rhode Island real estate is not exactly the cheapest on theAtlantic seaboard. Prices in Newport can be obscene whileProvidence homes run in the range of $300,000 to $600,000. Intruth, suggesting prices in Rhode Island is a fools game as eachlocation is unique. I can say, however, that real estateappreciates throughout the state with the 2005 average being ahealth 16.5 percent.

About the author:Raynor James is with http://www.fsboamerica.org - FSBO homes forsale by owner. Visit our "sell my home" page athttp://www.fsboamerica.org/seller.cfm to sell your home yourselfwith a free 1 month listing.

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