Real Estate in Rhode Island

Last updated on Feb 19, 2023

Summary: A newcomer to Rhode Island should begin their search by researching the different neighborhoods and towns in the state. They should consider factors such as cost of living, commute times, and local amenities. Once they have narrowed down their search, they should contact a local real estate agent to help them find the perfect home. Homes in Rhode Island typically include amenities such as central air conditioning, updated kitchens, and spacious yards. Many homes also feature hardwood floors, fireplaces, and updated bathrooms. Some homes may also include outdoor decks, patios, and swimming pools.

What do I need to know when buying property in Rhode Island?

When we asked expats what advice they would give a foreigner before buying a property in Rhode Island, they said:

"When buying property in Rhode Island, it is important to understand the state's real estate laws and regulations. It is also important to research the local market and be aware of any zoning restrictions that may affect the property. Additionally, it is important to understand the tax implications of purchasing property in Rhode Island, including any applicable transfer taxes. It is also important to be aware of any homeowner's association fees or other fees that may be associated with the property. Finally, it is important to work with a qualified real estate agent or attorney to ensure that all legal requirements are met and that the purchase is completed in a timely and efficient manner," explained one foreigner living in Rhode Island.

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About the Author

Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.