Things to Consider When Moving to Annapolis

Annapolis may serve as the hub of Maryland politics, but to most residents, it’s a relaxed little port town where the preferred activities are strolling along the downtown avenues and sailing on the Chesapeake Bay. Lying about 30 miles east of DC and sitting on the Chesapeake Bay at the mouth of the Severn River, Annapolis is home to roughly 36,000 people. Many homebuyers flock to Annapolis for the opportunity to live in or amongst the charming historic buildings or to be close to the water, but there are many factors to consider when moving to the state capital.

Annapolis’s real estate is presently in high demand. Many homes for sale in downtown Annapolis are fairly expensive as the amount of buildable land is limited, and there is a high demand to live near the state capitol and the Chesapeake Bay. Homes are newer outside of the historic quarter, but the prices vary significantly. A home near the bay could be listed at around $700,000 while another comparable property can be found $350,000. The area also has a few new condo and townhome developments.

In addition to the popular harbor, downtown Annapolis has many major focal points. Lying at the center of the historic district Maryland’s Capital, the State House, and the U.S. Naval Academy on the eastern end of the peninsula has been in the town since 1845.

But the history and charm of Annapolis is not just appreciated by its residents. Travel to downtown Annapolis on a sunny day and the area is likely to be swarming with tourists. Many single-family homes lack driveways, especially those in the historic district. On-street parking is especially hard to come by during the busy tourist season. Still, Annapolis is served by a newly improved bus system, and four different lines go through downtown and lead to shopping centers and other commercial districts farther out.

Although it boasts its share of popular tourist destinations, Annapolis has a slower pace than the major cities that surround it, which means that going out on the water with a friend or wandering around the neighborhood are some of the more common activities.

Residents have been drawn to the sense of history, small-town charm, and mellow, unpretentious locals of Annapolis for decades. But if you’re interested in buying a home in the center of Maryland’s state capital, be prepared: most properties cost as much as they would in the nation’s capital.