Crozet Mudhouse - Walkable

I’m wondering … will the opening of the Mudhouse in Crozet increase surrounding property values? My bet is yes.

I have long believed and argued that being "close to stuff" is valuable for buyers, sellers – people – both from a quality of life and from a property value point of view. With the opening of the Mudhouse, Crozet inches closer to having a real urban core – and that is valuable – economically and sociologically.

One question that I ask all of my clients who are interested in walking or biking to "stuff" is, "what does that mean to you?" Walking for some is 1.5 miles, and 1.5 blocks for others. Just as biking distance may be 3 miles or .5 miles.

From the Cyberhomes blog:

Americans are looking to drive less and walk more these days. Because so many people are interested in using eco-friendly forms of transportation  (than hopping into a gas-guzzling car) that means how "green" your neighborhood is may play into your home’s desirability with potential homebuyers.

One measure of this is how walkable your community is whether homeowners can walk to schools, shops, restaurants, schools and places of worship. If your community is a walkable one, it’s likely that it’ll have appeal to a broader segment of homebuyers than neighborhoods that are not.

I know this – the owners get community, and I look forward to spending a lot of time there. They have a lot of outlets, good coffee and are about a mile – a quick bike ride – from my house.

(Maybe the folks at Walkscore can get the Mudhouse in Crozet added to Google more quickly … :) )

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New Disclosure Form and No Texting

by Jim Duncan on July 1, 2009

Both new laws are consequential, both for vastly different reasons, and both affect Realtors (and consumers) in Virginia.

First, The Residential Property Disclosure Act:

Virginia Residential Property Disclosure Act; disclosure of stormwater detention facilities. Provides that an owner of real property makes no representations with respect to the presence of any stormwater detention facilities located on the property and that purchasers are advised to exercise whatever due diligence they deem necessary to determine the presence of any stormwater detention facilities on the property, in accordance with terms and conditions as may be contained in the real estate purchase contract, but in any event, prior to settlement pursuant to that contract.  

The bill in its entirety. Frankly, I do not see this as being particularly relevant (yet) to the Charlottesville area market, but it is something that I will discuss with my clients.

Second, and infinitely more likely to irritate some people:

Wireless telecommunications devices; prohibits use of text messaging while driving certain vehicle. (HB1876):

Text messaging and emailing while driving. Prohibits operation of a motor vehicle, bicycle, electric personal assistive mobility device, electric power-assisted bicycle, or moped on the highways in the Commonwealth while using any wireless telecommunications device for the purpose of composing or sending any text message or email. This bill provides exemptions for the use of global positioning systems (GPS) and using a wireless telecommunications device to report an emergency. The provisions of this bill do not apply to operators of emergency vehicles.  

The full text of the bill that is applicable to everyone but "emergency vehicle" operators:

1. That the Code of Virginia is amended by adding a section numbered 46.2-1078.1 as follows:

§ 46.2-1078.1. Use of handheld personal communications devices in certain motor vehicles; exceptions; penalty.

A. It shall be unlawful for any person to operate a moving motor vehicle on the highways in the Commonwealth while using any handheld personal communications device to:

1. Manually enter multiple letters or text in the device as a means of communicating with another person; or

2. Read any email or text message transmitted to the device or stored within the device, provided that this prohibition shall not apply to any name or number stored in the device nor to any caller identification information.

C. No citation for a violation of this section shall be issued unless the officer issuing such citation has cause to stop or arrest the driver of such motor vehicle for the violation of some other provision of this Code or local ordinance relating to the operation, ownership, or maintenance of a motor vehicle or any criminal statute.

D. A violation of any provision of this section shall constitute a traffic infraction punishable, for a first offense, by a fine of $20 and, for a second or subsequent offense, by a fine of $50.

1 – Is typing a phone number "texting"?

2 – Will this decrease Twitter traffic?

3 – Managing expectations … my response time will be slower once this law comes into effect today, and I foresee that I will be talking to people more. Whereas before I might bang out a quick email while at a stop light, now I will be more inclined to call someone.

4 – Per Section C – So …. they can’t pull us over solely for texting, right?

ASDF

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Blog Wayback – Future of Realtor.com, etc.

by Jim Duncan on July 1, 2009

Blog Wayback Series

January 2006: The Future of Realtor.com, etc.

Inman has a simple question:

If Zillow competes with Realtor.com, will (and how will) some of the folks at NAR … position the Seattle company as bad for the industry?

That is an interesting question. With such a vast number of innovative tools, which ones will survive and thrive? The MLS is one of the most valuable tools that we Realtors have. Rather than treat it as such and ensure that it is the comprehensive source of data, we have gotten comfortable and used to having a great source of information; complacency in any profession or industry will inevitably lead to failure. Make no mistake, information is fluid and much more widely available than it has ever been. A potential Seller client made this point to me in no uncertain terms last week.

This excellent post (and subsequent follow-up) details many of the problems of the MLS. It is frustrating to me that so many Realtors apparently see such little value in the MLS.

The MLS is a product, a tremendous amount of information that is leveraged by its owners – Realtors. Simply put, when the MLS becomes just another product, it will lose its efficacy.

My job is to represent my clients to the fullest and best of my abilities. The MLS is a tool, but not the end-all and be-all of my abilities. As technology evolves, professional, successful Realtors will have to evolve as well. Those who have gotten used to putting a sign in the yard and waiting will see some unwelcome changes.

How does this affect the consumer? More on this later.

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Donate to Charlottesville Tomorrow

by Jim Duncan on June 29, 2009

If you’re a Realtor, a homeowner, a renter, someone who lives in the Charlottesville region, who uses our roads, buses, the occasional train, votes, has thought about voting, is impacted by decisions of our local elected representatives, breathes … you likely benefit in some way, shape or form from the reporting and information gathering, analysis and distribution of Charlottesville Tomorrow.

If I am looking for information for myself or for my clients, I always send links to Charlottesville Tomorrow. Simply put, I am better prepared to represent my clients because of what they do.

Whether it’s about the Meadowcreek Parkway, the Crozet Master Plan, Green Building in the Charlottesville area, New Developments in Albemarle County, New Developments in the City of Charlottesville, Charlottesville Tomorrow usually has the most content available. They are at all the meetings. All the time!

No disrespect intended for our other local media outlets (which I also include when speaking to clients), but Cville Tomorrow has by far, the most comprehensive, thorough, and archived information available about Charlottesville and Albemarle growth, politics, developments …

So … if you feel similarly, please consider donating a few bucks. It’s easy (thanks to Donor Town Square) and quick:

Disclosure: I know Brian Wheeler with Cville Tomorrow and like and respect him and the folks there greatly. This is a totally unsolicited solicitation on their behalf, made only because I believe in what they do. (also, yes, I did "borrow" the "Donate Today" button from their site)

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Sign Here and Don’t Bother Reading this Contract (I Haven’t)

26 June 2009

Off topic, and not for or against HR 2998, the former HR 2454.
But trust me anyway.
If you were a buyer or seller, would you hire me if I didn’t bother reading the offers, Contracts and contingencies that I asked you to sign?

How Fast Can Congress Read H.R. 2998 from Sunlight Foundation on Vimeo.
Why do we [...]

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A Conversation about the Charlottesville Real Estate Market

24 June 2009

Two years ago, I would have been terrified with the prospect of filling an hour of radio time. This past Sunday on WNRN’s Morning Wake Up show, I think we could have done two. We covered a lot of information on Sunday in a wide-ranging conversation about the Charlottesville regional real estate market [...]

 
icon for podpress  Jim Duncan discussing the Charlottesville real estate market on WNRN radio [59:45m]: Play Now | Play in Popup | Download
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More and Better Pictures, Please

22 June 2009

I received this note last week:
"Jim,Can I just complain about the horrible photos on the Cville MLS? There is a listing with 25 photos and 11 of them are of the kitchen. This house has 3 bedrooms, and there are NO photos of any of them. Am I expected to sleep in the refrigerator? I [...]

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It’s About PRICE

18 June 2009

The more I think about it, if a house is not priced right from Day One, and under contract in the first thirty days, that seller’s prospects of selling are greatly diminished.
Transcription:
Hey, Jim Duncan, Nest Realty, RealCentralVA.com here. Clearly, desperately in need of a hair cut. Talking about price. It’s all [...]

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