Providence, RI Real Estate

Providence RI Real Estate

Welcome to Providence, RI

One of the largest cities in New England, Providence is a welcoming community with a rich history and diverse population. With its world-class universities, exciting nightlife, and vibrant arts scene, this “Creative Capital” offers a cosmopolitan lifestyle without the outrageous housing costs of other East Coast cities.

While life in Providence is a decidedly urban experience, the unique character of each neighborhood lends the city an intimate and friendly atmosphere. And the city’s ideal location places it within easy reach of the Northeast’s favorite parks, beaches, and mountains. Residents of Providence know that it’s possible to have the best of all worlds in one great city!


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Public Transportation: Rhode Island and Massachusetts Bay Transit Authorities

The Rhode Island Public Transit Authority (RIPTA) operates a fleet of buses that provides inexpensive transportation throughout Providence and its suburbs. Beginning in the summer of 2014, RIPTA will also offer rapid R-Line bus service on its most heavily traveled routes.

In addition, Providence is connected to the commuter rail service operated by the Massachusetts Bay Transit Authority (MBTA). From Providence Station, residents can easily travel to Wickford Junction, Boston, Logan Airport, and other locations in Rhode Island and eastern Massachusetts.

Southern New England is readily accessible from Providence through an extensive system of well-maintained interstate highways and state routes. The recently completed Iway relocation project improved traffic flow and downtown access to Interstate Highways 95 and 195, a terrific time-saver for Providence drivers.


Providence RI Homes for Sale


Providence, RI’s Real Estate Market

The vast majority of properties in Providence predate the Second World War. It’s not uncommon to find multi-family homes that have been subdivided into condominiums. Many properties have been thoroughly updated, with modern appliances and central air conditioning systems. Popular neighborhoods for Providence home buyers include:

  • East Side  This affluent neighborhood is home to Brown University, numerous parks, and landmarks such as the First Baptist Church and the Old State House.
  • North End — A pleasant residential area. A great place to look for a modest post-war fixer-upper.
  • South Side — The location of four of Providence’s hospitals, including the Hasbro Children’s Hospital. Features a variety of real estate choices, including two-story single-family homes and charming, historic multi-family properties.
  • West Broadway — This centrally-located neighborhood has a rich history as the center of Providence’s Italian-American community. Local businesses and active residents contribute to a strong sense of community.


Average Price for Homes in Providence, RI:

Average Price for Homes

Testimonials to Our Service in Providence, RI

Here are some of our past clients’ past experiences with Carrington Real Estate:

Fred K. said: Carrington helped me purchase my first home, and I can honestly say without the help of my agent, I would have taken lots of wrong steps. He explained everything clearly and showed me how the process worked. Whenever I had any questions, he would answer them immediately, and was always there to guide me through each property. I’m glad I had him show me the pros and cons of each home. I would recommend using Carrington to find your next home! His rating: 5 stars

Ken J. said: Our agent was super helpful in finding a home within our budget. We had special financial restraints and our agent met them head on. Without his perseverance, I’m not sure we would have found a house. I can’t thank Carrington enough for producing such great agents. His rating: 5 stars


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Distinguished Schools in Providence, RI

The Providence Public School District operates over 40 elementary, middle, and high schools, as well as two magnet schools. In addition, Providence is served by a number of excellent private and charter schools.

Providence is also home to five institutes of higher education, including Brown University (an Ivy League school) and the Rhode Island School of Design (one of the nation’s best fine art academies).


Providence RI Firewater
Firewater Celebration in Providence, RI


You’ll Enjoy: Sports Champions and Eclectic Arts

Weekends in Providence are never boring! Whether your idea of a fun afternoon is an art gallery or a baseball game, you’ll always have something fun to do:

  • Pawtucket Red Sox
    Rating: 5 Stars
    Three-time champs of the International League, Rhode Island’s very own Triple-A baseball team commands a loyal following among fans both young and old. The PawSox play at McCoy Stadium, just minutes from downtown Providence.
  • RISD Museum
    Rating: 5 Stars
    This museum’s world-class collection includes everything from ancient Greek art to the latest contemporary photography. Exciting rotating exhibitions ensure that you’ll always have something new to see.
  • WaterFire
    Rating: 5 Stars
    This free annual festival of art and music centers around the spectacle of bonfires floating on the surface of intersecting rivers in downtown Providence. A truly unique celebration of Providence, WaterFire has received international acclaim.
  • New England Patriots
    Rating: 5 Stars
    Everyone seems to forget that the Patriots’ Gillette Stadium is closer to Providence than Boston! Providence football fans can hop on the commuter rail for a fast 35-minute ride to Foxborough.


Providence, RI Utilities


The Lifestyle: An Unpretentious Urban Community

Providence residents enjoy an affordable but excellent quality of life. Outstanding arts and music activities, terrific public schools, and excellent public transportation contribute to a high level of city-wide satisfaction. Indeed, Providence commuters spend a median travel time of less than half an hour to get to work. And annual local events offer something for everyone, from the SENE Film Festival to the Great International Beer Festival.

Popular vacation destinations for Providence residents include the beaches of Southern Connecticut and scenic Cape Cod. But there’s no need to escape Rhode Island when there are ample opportunities for nearby waterfront recreation; local favorites include Little Compton Beach, Block Island, and Sand Hill Cove.

It’s no surprise that Providence frequently appears on top ten lists such as Livability’s Best Downtowns and Movoto’s Most Exciting Mid-Size Cities. Providence truly is one of the nation’s most exceptional places to live!


Providence RI Jobs


The Workforce: Manufacturing, Health Care, and Higher Education

Traditionally one of the nation’s largest producers of jewelry, silverware, and textiles, this “Beehive of Industry” continues to boast the greatest density of trained workers in the country. In addition, Providence is a center of higher education and health care. Universities, hospitals, and research institutions are among the largest Providence employers. Providence is also a financial and communications hub for the Northeast, with diverse work opportunities at shipping companies, telecom providers, and banking services.

Because the city is a major provider of manufactured goods for the Department of Defense, the welfare of the Providence economy is closely linked to the performance of the national economy. After faring poorly during the recession, Rhode Island attracted pessimistic job growth predictions from economists. However, the region is exceeding expectations and outperforming many of its neighbors in New England. Indeed, experts anticipate growth in a number of sectors in Providence: the city’s aging population will require an expansion of health care and related services, while technology and hospitality are also expected to contribute to the region’s job prospects in the near future.


Why Live Here: Convenient, Exciting, and Affordable

With a history dating back to 1636, Providence has had plenty of time to figure out what works and what doesn’t. An eclectic culture, strong neighborhood communities, and city-wide pubic transportation are essential elements of Providence’s formula for success. Without the burdens of an over-sized metropolis, Providence remains an eminently affordable city. And its commitment to innovation and skilled workers ensures that Providence will attract the best and the brightest for many years to come!