by Daniel Yoon | eXp Realty | Richmond, Virginia
Scott’s Addition is Richmond’s brewery district, creative hub, and one of the hottest real estate markets in Virginia. What was an industrial warehouse neighborhood 10 years ago is now packed with 30+ breweries, cideries, and meaderies, plus restaurants, fitness studios, and a growing number of residential options. If you want to live in the center of Richmond’s energy, this is it.
Living in Scott’s Addition
Daily life here is walkable. You can walk to a brewery after work, grab dinner at a dozen different restaurants, hit a gym, and be home without touching your car. The Pulse bus rapid transit line runs through the neighborhood, connecting you to VCU, downtown, and Rocketts Landing.
Home Prices
- Condos and lofts: $250,000 to $425,000
- Townhomes: $350,000 to $500,000
- New construction apartments (for rent): $1,500 to $2,200/month
Most housing in Scott’s Addition is condos and apartments. Single-family homes are essentially nonexistent. This is urban living, not suburban.
Who Scott’s Addition Is For
- Young professionals who want walkable nightlife and dining
- Remote workers who want to step outside to coffee and lunch without driving
- Investors looking at strong rental demand from the 25-35 demographic
- Couples who want urban energy without Fan District prices
Investment Potential
Rental demand in Scott’s Addition is strong and growing. A $300,000 condo rents for $1,600 to $1,900/month. Gross yield: 6% to 7%. The neighborhood continues to develop with new projects announced regularly.
FAQs
Is Scott’s Addition a good place to buy in Richmond?
Yes for urban living and investment. Strong rental demand, walkable lifestyle, and continued development make it one of Richmond’s best appreciation plays. Not ideal for families wanting yards and suburban schools.
How many breweries are in Scott’s Addition?
Over 30 breweries, cideries, and meaderies operate in Scott’s Addition as of 2026, making it one of the densest brewery districts in the United States.
Want to live in Scott’s Addition? Call Daniel Yoon at (804) 896-2694.