October 2023 transactions: Piedmont Community Land Trust sells attached unit in Orangedale, keeps the lot

Every month, I write up property transactions in the City of Charlottesville to try to understand what’s happening and to see if I can identify any patterns. I’ve been writing about land use matters in this community for over 15 years now, and I still feel I have a lot to learn. I’m hopeful my…

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Charlottesville property transactions in July 2021

(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…

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April 2023 real estate transactions in Charlottesville: Home of former Charlottesville mayor sells for under assessment

This is the first month of anecdotal real estate transactions in Charlottesville from the second quarter of 2023. The first quarter was quite slow, according to data compiled by the Charlottesville Area Association of Realtors.  I do this work each month to try to capture a sense of the market in the time before the new…

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June 2022 property transactions: Over a hundred summaries of real estate activity in a market that continues to rise in value

For the transactions, go straight to the middle. Let’s start with some backstory about the land use policy changes that are currently underway. This summer, Charlottesville community members are encouraged to participate in the third act of the Cville Plans Together initiative. The city and the consultants have published the Zoning Diagnostic and Approach Report which describes how the…

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August 2022 Charlottesville Property Transactions: CRHA misses out on one pair of duplexes, but acquires another on Coleman Street; Vacant building on West Main Street sells for $1.3 million

The rewrite of the zoning ordinance is underway with sometimes heated conversations happening all over Charlottesville. This monthly summary of property transactions in the city is my way of checking out what’s happening as the rules of development change. There have been many claims that speak with certainty about what might happen, but I am…

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July 2022 property transactions in Charlottesville: Part of Seminole Square Shopping Center changes hands; Linden Avenue condo building has new owner; High price record set on Prospect Avenue

This is the 19th month that I’ve written up a summary of property transactions in Charlottesville and shared it with the public as part of my work covering land use issues in the greater community. I hope you’ll find this bit of my research informative and useful. I started this newsletter over two years ago…

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January 2023 transactions in Charlottesville: Sales volume down as the year gets under way; Former Greyhound station sold to national firm

This is the 25th summary of property transactions that I have put together for paid subscribers of this newsletter to have a first look. Since the beginning, the idea is to track what is happening parcel by parcel as a way of understanding what is happening in a market where so many fundamental changes have been…

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March 2022 property transactions in Charlottesville: Hot market for parcels designated as “Middle Intensity” in Future Land Use Plan

The 15th anecdotal look at the Charlottesville Property Market by a longtime land use reporter To begin, the answer to the question in the last line of this installment is Medium Intensity Residential.  Nearly five months have passed since the Charlottesville City Council adopted a new Future Land Use Map that grants additional residential density for every single…

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December 2022 transactions: Industrial block in Rose Hill neighborhood sells for $12.75M; Orangedale duplex sells for $270K

How will the final month of 2022 turn out? As I write these words, I have not yet begun compiling this list. I do this work manually and it takes a lot of time to go through. In the early days of this publication, I had more time! Now I’m expanding to Fifth District Community Engagement….

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January 2022 Property Transactions: Midway Manor sells for $16.5 million; CRHA to hold public hearing on financing

Some people know much more about how real estate works than others. I disclaim I own one house within Charlottesville but otherwise have no interest in using additional property to advance my material wealth. For others, this is their career. I write these because as the community seeks solutions to the high cost of housing,…

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