Daniel Yoon

Scott’s Addition Neighborhood Guide: Everything Homebuyers Need to Know in Richmond, VA

Daniel Yoon

Scott’s Addition Neighborhood Guide: Everything Homebuyers Need to Know in Richmond, VA

Scott’s Addition has undergone one of the most dramatic transformations in Richmond, Virginia’s recent history. What was once a sleepy industrial district filled with warehouses and auto repair shops has become one of the city’s most vibrant, walkable, and sought-after neighborhoods. If you’re considering buying a home in Richmond, Scott’s Addition deserves a close look — and this comprehensive guide will help you decide if it’s the right fit.

Overview of Scott’s Addition

Scott’s Addition is a compact neighborhood located just north of the Fan District and west of Interstate 95, roughly bounded by West Broad Street to the south, the Boulevard (now Arthur Ashe Boulevard) to the east, Interstate 195 to the west, and the railroad tracks to the north. The neighborhood takes its name from Major General Winfield Scott, whose heirs added the land to the City of Richmond in 1867.

For most of the 20th century, Scott’s Addition was zoned exclusively for industrial and commercial use. That changed in 2003 when the city rezoned the area to allow mixed-use development, sparking a wave of investment and residential construction that has accelerated dramatically over the past decade. Today, Scott’s Addition is a dynamic blend of converted industrial lofts, modern apartment complexes, townhomes, and condominiums interspersed with breweries, restaurants, creative studios, and small businesses.

The neighborhood has a distinctly urban, creative energy that appeals to young professionals, couples, empty nesters, and anyone who values walkability and an active social scene. Its industrial roots give it an authentic character that sets it apart from more polished new developments.

Scott’s Addition Housing Market

The housing market in Scott’s Addition is unique compared to other Richmond neighborhoods because the inventory skews heavily toward condominiums, loft conversions, and townhomes rather than traditional single-family homes. Here’s what buyers should expect:

Property Types

Price Ranges (2024–2025)

As of early 2025, condos and townhomes in Scott’s Addition generally range from approximately $275,000 to $550,000, depending on size, finishes, and building amenities. Smaller one-bedroom condos can be found in the mid-$200,000s, while larger two-bedroom units and townhomes with premium finishes and parking often list in the $400,000–$550,000+ range. Prices have appreciated steadily over the past several years, reflecting strong demand and the neighborhood’s continued development.

Because the market here moves quickly and inventory can be limited, working with a knowledgeable local Realtor is essential. Daniel Yoon, a top-producing Richmond Realtor, has helped numerous buyers navigate the Scott’s Addition market and can provide up-to-date pricing data and insight into upcoming developments.

Market Trends

Scott’s Addition continues to see new development projects announced regularly, including mixed-use buildings with ground-floor retail and upper-floor residences. The neighborhood’s popularity has made it one of Richmond’s strongest markets for appreciation, though buyers should pay attention to HOA fees, parking availability, and the distinction between condo ownership and co-op structures in some buildings.

Things to Do in Scott’s Addition

If there’s one thing Scott’s Addition is famous for, it’s the sheer density of things to do within a small, walkable footprint. The neighborhood has become Richmond’s undisputed epicenter for craft beverages and a thriving food scene.

Breweries, Cideries, and Distilleries

Scott’s Addition is home to what many consider the highest concentration of craft beverage producers on the East Coast. Notable spots include:

Restaurants and Food

The dining scene has exploded in recent years. Favorites include Brenner Pass (Alpine-inspired fine dining), ZZQ Texas Craft Barbeque (widely considered some of the best BBQ on the East Coast), Perch (a rooftop restaurant), and a growing roster of casual eateries, coffee shops, and food halls.

Entertainment and Recreation

Walkability and Bikeability

Scott’s Addition earns high marks for walkability. Nearly everything in the neighborhood — from restaurants to breweries to shops — is accessible on foot. The neighborhood also connects to Richmond’s growing network of bike lanes and is close to the new Pulse Bus Rapid Transit (BRT) line along Broad Street.

Schools Near Scott’s Addition

As a primarily urban neighborhood that has only recently become residential, Scott’s Addition itself does not contain schools. However, families in the area are served by Richmond Public Schools (RPS). Nearby schools include:

Several private school options are also nearby, including St. Christopher’s School, Collegiate School, and St. Catherine’s School, all located in the West End within a short drive. Families should research current school assignments, as RPS has undergone redistricting in recent years.

Commute and Transportation

Scott’s Addition benefits from a central location with excellent access to major roadways and transit options:

For those who work downtown or at VCU Health, Scott’s Addition offers one of the shortest and most convenient commutes of any Richmond neighborhood. The ability to bike or use transit to get to work is a major draw for many residents.

Pros and Cons of Living in Scott’s Addition

Pros

Cons

Is Scott’s Addition Right for You?

Scott’s Addition is ideal for buyers who value urban living, walkability, and an active social and dining scene. It’s particularly well-suited for young professionals, couples, remote workers who want to be close to coffeeshops and coworking spaces, and empty nesters looking to downsize into a low-maintenance condo or townhome. If you prioritize a large yard, quiet suburban streets, or top-rated public schools, other Richmond neighborhoods like the West End or Midlothian may be a better fit.

As Richmond Realtor Daniel Yoon often advises his clients, the best neighborhood for you depends on your lifestyle priorities, budget, and long-term goals. Scott’s Addition is one of those rare neighborhoods where the investment potential and quality of life align — but it’s important to find the right property within it.

Frequently Asked Questions About Scott’s Addition, Richmond, VA

Is Scott’s Addition a good place to buy a home in Richmond?

Yes, Scott’s Addition is considered one of Richmond’s best neighborhoods for real estate investment. Its central location, walkability, vibrant amenities, and ongoing development — including the Diamond District project — have driven consistent property value appreciation. Condos and townhomes are the primary options, and demand remains strong among both owner-occupants and investors.

What is the average home price in Scott’s Addition?

As of early 2025, condos and townhomes in Scott’s Addition typically range from $275,000 to $550,000, with one-bedroom condos starting in the mid-$200,000s and larger or premium units reaching $500,000 and above. Prices vary based on size, building amenities, parking, and finishes. Consulting a local Realtor like Daniel Yoon can help you get the most current pricing information.

Is Scott’s Addition walkable?

Scott’s Addition is one of the most walkable neighborhoods in Richmond. Residents can walk to dozens of breweries, restaurants, coffee shops, and retail stores. The neighborhood also has good bikeability and access to the GRTC Pulse Bus Rapid Transit line along Broad Street, making car-free or car-light living feasible for many residents.

Are there good schools near Scott’s Addition?

Scott’s Addition is served by Richmond Public Schools, with nearby options including Munford Elementary, Albert Hill Middle School, and Thomas Jefferson High School. The highly ranked Maggie L. Walker Governor’s School magnet is also in the city. Several well-regarded private schools, including Collegiate, St. Christopher’s, and St. Catherine’s, are a short drive away in the West End.

What is the Diamond District, and how will it affect Scott’s Addition?

The Diamond District is a major mixed-use development project on the site of the former Diamond baseball stadium, located adjacent to Scott’s Addition. The project will include a new minor league baseball stadium, thousands of residential units, retail and office space, parks, and public amenities. It is expected to significantly boost property values and livability in the surrounding area over the next several years.

What are the downsides of living in Scott’s Addition?

The main drawbacks include limited parking (especially on weekends), noise from the active nightlife and dining scene, ongoing construction from new developments, HOA fees associated with condo ownership, and a lack of single-family homes with yards. Families with school-age children may also prefer neighborhoods with higher-rated public school options.

Ready to explore homes for sale in Scott’s Addition? Whether you’re a first-time buyer eyeing a stylish loft or an investor looking for strong returns in one of Richmond’s hottest neighborhoods, the right guidance makes all the difference. Contact Daniel Yoon today for personalized advice, off-market opportunities, and expert insight into the Richmond real estate market. Let’s find your perfect home in Scott’s Addition.

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