Sean Tubbs

Twenty years ago, Charlottesville City Council upzoned West Main Street to clear the way for taller buildings that would allow for more people to live close to the Downtown Mall and the University of Virginia.  That vision began to be realized 10 years later with the construction of the Flats at West Village, a development […]

For the second year in a row, the average real estate assessment has increased by double digits.  Residential parcels increased by an average of 11.52 percent, based on 15,148 taxable properties. Commercial properties went up an average of 12.16 percent, and that includes apartment complexes, retail, and office space. When you throw in new construction, […]

Charlottesville is completely surrounded by Albemarle County, which means there are bound to be several areas where land-use decisions made in one place affect the other—or vice versa.  One of the places in the new Future Land Use Map where this comes into play is the conversion of around three dozen parcels in the city’s […]

There’s a long way to go until the end of 2023, but key metrics are coming in on how the real estate market fared in the last 12 months. But what impact will this new information have on transactions between now and December?   “Assessed values are a number that people look at, and while […]