At Realty Resource VA, we’re always watching what’s happening in our community because it directly impacts our clients. Recently, Halifax County received incredible news: Hitachi Energy will invest $457 million in their South Boston facility, creating 825 new jobs right here in our backyard. This expansion will make the campus the largest manufacturing site for large power transformers in the United States.
To support this growth, Halifax County is partnering with the state to add 96 new homes through a workforce housing initiative, with land and permit fees donated to speed up the process. Construction on the project is expected to begin before the end of 2025, with operations underway by 2028.
This is more than just an economic development story, it’s a real estate story, and one that affects both buyers and sellers in our market.
What This Means for Sellers
For homeowners thinking about selling in Halifax County, this is a moment of opportunity:
- More demand is coming: With 825 new jobs, more families will be relocating to the area. That means higher demand for quality homes across a range of price points.
- Better pricing potential: As interest grows, sellers may find they have more leverage in negotiations and can achieve stronger sales prices.
- Increased long-term value: Homes close to employment centers often appreciate faster. Listing now means taking advantage of a market poised for growth.
If you’ve been waiting for the right time to list your home, this new investment signals a very positive trend for our market.
What This Means for Buyers
For buyers, the expansion brings both opportunities and challenges:
- New housing options: With the county’s housing initiative underway, there will be more homes to choose from in the near future.
- Competition for key neighborhoods: Areas close to the Hitachi facility, schools, and amenities will become hot spots. Acting early in these areas could mean strong long-term gains.
- Market growth: Investing in Halifax County today means buying into a community with major momentum for the future.
We know navigating a competitive market can feel overwhelming, but that’s where our team comes in, helping you stay ahead of trends and find the right home for your needs.
How We Can Help
At Realty Resource VA, we’re proud to live and work in South Boston. Our team combines deep local expertise with forward-looking strategy to guide our clients through changing market conditions. Whether you’re preparing to sell, buying your first home, or looking to invest in the future of Halifax County, we’re here to help you make the most of this moment.
Ready to talk about your real estate goals in Halifax County? Connect with our team today.