(This piece went out first to paid subscribers of Charlottesville Community Engagement. Consider purchasing a subscription to help pay for this community resource!) Another month in 2021, another time of interesting activity in the Charlottesville property market. Only a handful are below assessment, and there are quite a number of transactions that are well over…
Another month of transactions worth reviewing for anybody interested in land use in the city of Charlottesville. I don’t offer any trends or analysis here, except that most properties continue to sell above the assessed value. There are not any major commercial transactions this month, unless you count where an LLC purchases a residence or…
(This piece originally appeared on Charlottesville Community Engagement as an article for paid subscribers. Please consider becoming one to ensure these reviews can continue!) 2021 continues to be a year where the price of single-family residential homes and lots is increasing in Charlottesville, seemingly with no end in sight. Interest-rates remain low, as does interest in…
The fourth month of 2021 continued an active trend, with many single-family homes and their lots selling well over this year’s assessment. With the exception of the purchase of a retail strip on Cherry Avenue, there were not many major transactions involving commercial real estate. Unless you count some of the purchases of residential properties…
Much of what I write about is planning. But to really understand what’s happening in Charlottesville, it’s important to look through transactions. I share this with you to give an anecdotal view of the market. No analysis is intended with this list, but I do think reading through it is a valuable exercise for anyone…
To keep up with what’s happening in land use in the community, I spend some free time when I can going through recent transactions. No analysis of this is intended. The point is to have a snapshot of various transactions. People who subscribe through Substack get the first look at this each month. Do consider…
As a reporter who writes a lot about land use, one of my frequent practices is to look through property transactions. This gives me a sense of what’s happening across Charlottesville. As a Substack subscriber, you are helping cover the cost of my time to do this work. As a result, I want to share…