If this condo in the Belmont Lofts sells for or near its asking price, there may not yet be a shrinking condo bubble in the Charlottesville market. Asking price: $310,000. Purchased for: $194,000 in August of 2004. These are nice units, and the location is great, with respect to the Downtown area. But $310k for one bedroom?
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About Jim Duncan
A Charlottesville Realtor who tries to stay on the bleeding/cutting/functional edge of technology and real estate trends. I have been selling real estate for the past 10 years, lived in C'Ville for twenty+ and am married to one of few Charlottesville natives left.
