House Lust: $250,000-$300,000 Range Homes in Rhode Island

The median home value in the Ocean State is $284,200. Here's what's new and affordable in the state's top neighborhoods.

According to real estate site, Zillow, the median home value in Rhode Island is $284,200. Values are expected to rise 1.4 percent over the next year, and sellers are making the most of a hot market that’s expected to slow; the average Ocean State listing price, says Zillow, is $324,000.

Here are five new-to-market properties in the $250,000 to $300,000 range in Rhode Island:


Bristol Cottage Two Blocks from the Parade Route

495 Wood St., Bristol
Three beds, one bath, 1,400 square feet

Images via Keller Williams Realty of Newport/Zillow

The famed Bristol Fourth of July parade ends two blocks from this sweet 1880 cottage, and that’s only one of the perks. The house was remodeled, top to bottom, five years ago and also boasts a large fenced-in backyard for kids or Fido to frolic. For more information, call Keller Williams’s Jennifer Hilton at 401-787-3173 or visit

Chepachet Colonial on the Village Outskirts

1271 Putnam Pike, Chepachet
Three beds, one-and-a-half baths, 2,166 square feet

Image via RE/MAX Bell Park Realty/Zillow

Realtors love to throw around the phrase “pride of ownership,” but this 1920s Dutch Colonial takes the cake. The vintage details offer an time capsule vibe — if that time capsule was dusted and doused with careful regularity. There’s a three-season porch for the warmer months and a cozy fireplace for the chilly ones, plus an acre of land with a large two-story garage and a shed. It sits just outside of charming Chepachet village, which only increases the odds of passersby saying, “My, what a pretty house.” For more information, call RE/MAX Bell Park Realty’s Deborah Burlingame at 860-207-1162 or visit


Warwick Farmhouse with Bay Views

45 Brinton Ave., Warwick
Three beds, two baths, 1,644 square feet

Images via Residential Properties/Zillow

One-tenth of a mile: That’s how close this farmhouse-style house, in Warwick’s Highland Beach neighborhood, is to Narragansett Bay. It’s also within walking distance to Rocky Point Park, but the deck off the finished third floor (master bedroom potential, maybe?) inspires little motivation to leave. The house was built in 1915 and sits on an 8,000-square-foot lot. The sellers just cut the price by $30,000, so they’re clearly motivated to sell. See the place for yourself at the open house on Sunday, November 10, from 11 a.m. to 1 p.m. For more information, call Residential Properties’ Linda Dolan at 401-457-1766 or visit


Saunderstown Shingled Colonial With Its Own Waterfall

393 Slocum Rd., Saunderstown
Two beds, two baths, 1,211 square feet

Images via RE/MAX Flagship/Zillow

It may be small, but the relaxation opportunities here are mighty. This shingled cottage, the newest of the bunch built in 2005, sits on the Exeter/North Kingstown line. The interior is clean and tidy and the second-floor balcony off the master suite affords priceless views of a waterfall and footbridge with a scenic pond beyond it. The stone patio also offers lovely views. For more information, call RE/MAX Flagship’s Jill Lawler at 401-789-2255 or visit


Warren Cottage With Lots of Updates

418 Water St., Warren
Three beds, two baths, 1,450 square feet

Images via HomeSmart Professionals/Zillow

Here’s an affordable ownership option for artsy Warren. The 1886 cottage was rebuilt in 2010 and sits across the street from a working waterfront. There isn’t much yard to speak of, but a new oversized shed offers lots of opportunities for storage or extra living space. For more information, call HomeSmart Professionals’ Ramona Cummings at 401-829-8700 or visit


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