Regency Woods Condos in Henrico County’s Far West End

January 29, 2023

Regency Woods Condos in Henrico County’s Far West End is a great community for first time homebuyers or for homeowners who wish to downsize to a less maintenance home!  The community consists of 336 garden style units in 3 story buildings.  There are a limited number of 2 story penthouse units scattered throughout the community!  The neighborhood was built in phases, from 1976 to 1981.  It is a very affordable housing option for buyers who are looking for a nicely maintained community in a highly desired West End location, off Quioccasin Rd and Gaskins, with plenty of shopping in the Short Pump and Regency Mall area.  It is a very short 5 minute drive to I-64, making accessibility to all of Richmond very easy!

Regency Woods Condos – What’s Nearby?

Regency Woods Condos has a great location – within a 5 minute drive, you will be at Regency Mall, which is currently undergoing a complete transformation with the new owners!  Short Pump Town Center is about a 7 to 10 minute drive from here!  And restaurants abound throughout the Far West End!  Deep Run Park is just around the corner from Regency Woods, which offers plenty to do for everyone, with the pond, walkways, playground and plenty of open space, as well as spaces that can be rented for family gatherings!

Regency Woods Condos – The Neighborhood!

The neighborhood is professionally managed and well maintained.  The monthly fee includes amenities such as the Olympic lap pool, tennis and clubhouse that includes an exercise room.

Regency Woods Condos – The Fee!

The monthly association fee in Regency Woods Condos in 2022 ran anywhere from $236/month to almost $560/month.  The fee is based on the unit size.  Not only do you get the wonderful amenities that are part of this community, the fee will also include water and sewer, building maintenance, trash removal & snow removal.  The fee will vary from unit to unit.  Pets are allowed here, but there are restrictions – and a 40# weight limit!  The units also have a basement storage unit!  There are also restrictions on investors purchasing units for the purpose of renting them out – if you are an investor considering Regency Woods Condos, please make sure that rentals are allowed in the neighborhood.

Regency Woods Condos – 2022 Sales!

As always, it is interesting to see how prices have changed over the years.  For instance, a lower level unit that sold in January 2022 for $149,500 originally sold in 1976 for $36,500 – that unit had 1 bedroom, 1 bath and 893 SF.  A 2 story penthouse unit that sold in 2022 with 3 bedrooms, 2 1/2 baths and 2069 SF originally sold in 1979 for $51,990 and in 2022 it sold for $265,000!  In 2022 there were 19 units sold – with sales prices ranging from a low of $155,000 for a 1 bedroom, 1 bath unit with 893 SF, to a high of $265,000 for a 3 bedroom, 2 1/2 bath penthouse unit with 2,069 SF!

This complex represents a great buy for anyone looking for easy living.   In 2022, there were 19 units that sold here – they took an average of 9 days to go under contract, with an average list price of $182,376 and an average sales price of $189,987.  If this is a neighborhood you are considering and the home is in good condition and has been updated, this is not one to delay on!

Want more information on homes for sale in Regency Woods Condos in the Henrico County’s Far West end?  Want information on other condos and townhomes for sale in the Richmond area?  Thinking of buying a condo or townhome?  Call me – I live in a townhome, and I specialize in the Richmond area townhome and condo market and would be happy to answer any questions you may have!  Have a great day!