Why Live in Reservoir
Reservoir, a neighborhood in Newport News, is bordered by the Warwick River to the west and Lee Hall Reservoir to the north. The area is known for its proximity to Newport News Park, one of the largest city-run parks in the country, featuring over 30 miles of trails, a 5-mile multi-use path, and facilities for archery, disc golf, and flying model airplanes. The neighborhood is primarily residential, with home styles ranging from townhouses and condos to single-owner homes, including 1980s ranches and Cape Cods, as well as modern Craftsman-style townhouses. Warwick Boulevard on the east end provides access to commercial amenities, including a Food Lion, and a variety of dining options such as Papo’s Columbian Restaurant, Supreme Restaurant, and The Original Pizza Sam. The area is served by highly rated schools, including David Dutrow Elementary, Mary Passage Middle, and Woodside High, which is noted for its strong music program and Arts and Communication magnet program. Reservoir has a crime rate lower than the national average, contributing to its appeal. The neighborhood's central thoroughfare, Warwick Boulevard, connects to Washington Boulevard and Interstate 64, facilitating access to cultural attractions like the Army Transportation Museum and regional destinations such as Busch Gardens, located 10 miles north.
Frequently Asked Questions
Is Reservoir a good place to live?
Reservoir is a good place to live. Reservoir is considered somewhat walkable and somewhat bikeable with some transit options. Reservoir is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Reservoir has 4 parks for recreational activities. It is somewhat dense in population with 7.6 people per acre and a median age of 34. The average household income is $69,004 which is below the national average. College graduates make up 18.9% of residents. A majority of residents in Reservoir are renters, with 50.4% of residents renting and 49.6% of residents owning their home. A
local real estate agent serving Reservoir can help you decide if this neighborhood is the right one for you. Learn more on our
Reservoir neighborhood guide.
Is Reservoir, VA a safe neighborhood?
Reservoir, VA is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Reservoir?
The median home price in Reservoir is $383,900. If you put a 20% down payment of $76,800 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,990 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $85K a year to afford the median home price in Reservoir. The average household income in Reservoir is $69K.
What are the best public schools in Reservoir?
The best public schools that serve Reservoir are:
What are the best private schools in Reservoir?
The best private schools that serve Reservoir are:
What are the most popular zip codes in Reservoir, Newport News, VA?
What are the most popular neighborhoods near Reservoir, Newport News, VA?
Home Trends in Reservoir, VA
On average, homes in Reservoir, Newport News sell after 32 days on the market compared to the national average of 70 days. The median sale price for homes in Reservoir, Newport News over the last 12 months is $387,400, up 135% from the median home sale price over the previous 12 months.
Median Sale Price
$387,400
Median Single Family Sale Price
$387,400
Average Price Per Sq Ft
$250
Number of Homes for Sale
2
Last 12 months Home Sales
34
Median List Price
$383,900
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
135%