Housing
Housing in Virginia Beach is quite diverse. One can find a one bedroom co-op/condo for under $10,000 or a multi-million dollar estate with six bedrooms. However, the median house value is $123,000 , with a standard four-bedroom, 2 bathroom home averaging $250,000. Taxes for the area are counted at a rate of $1.0239 per $100 of assessed value , meaning that the same four-bedroom/$250,000 house will be taxed $2559.75 per year.