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, […]
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 […]
Of all the streets in a changing Charlottesville, Cherry Avenue may be one to watch closely to see how the new Comprehensive Plan might translate into a denser Charlottesville. While the stretch from Ridge Street to Roosevelt Brown has always seemed ripe for eventual redevelopment, all of the properties from the 1000 block to […]
With interest rates much higher than they were a year ago, you might think that residential properties in the area would be selling at lower prices. However in Charlottesville, many realtors are marketing their properties to reflect the new realities created by the Comprehensive Plan, which both allows and encourages more density throughout the entire […]
By Ken Wilson – When Frank Kessler and the Kessler Group began construction on what was to be the largest planned unit development in Albemarle County in 1989, their goal was to create the “ultimate living community that would allow families to raise their children in a close-knit environment where residents enjoyed well-planned amenities.” Almost […]
By Marilyn Pribus – “Each time it rains, pollutants such as nitrogen, phosphorus, zinc, and even lead flow directly into our sewers and waterways,” laments horticulturist Karyn Smith of Stanardsville. Since much of the water in our area is drawn from the Rivanna River watershed which encompasses Charlottesville, all of Albemarle County and parts of […]
By Celeste M. Smucker – Commercial real estate in Charlottesville and the Valley (including shops, office buildings, apartment complexes, manufacturing plants, subdivisions and warehouses) continues its impressive growth with more of the same predicted for 2019. And so long as families continue to visit and move here for the natural beauty, outdoor activities, job opportunities, […]
By Marilyn Pribus– It’s right there on the calendar. Company’s coming for the holidays. Whether it’s long-time friends, your child’s college roommate or a flock of in-laws, it’s not too early to start prepping. Remember, happy visits don’t just happen. Plan ahead because you (and your guests) will be more relaxed when you are well […]
By Celeste M. Smucker – Is golf your game? Or maybe it’s tennis, pickleball, or swimming? (How does a saltwater pool sound?) And wouldn’t it be great if, when you get home, tired out from a workout and ready to relax, you could enjoy beautiful scenery while you sit on your deck and take in […]