Tag Archives: crozet
Should I try to sell now or wait until spring?
Therein lies the question as we enter the autumn and winter seasons in Charlottesville. This is the time of year when sellers planning to put their homes on the market in the spring start the process of getting their homes ready for the spring market.
Jonathan Miller pointed out a great article in a New York publication that neatly aggregates some very good responses to this question - "should I sell now or wait?” - all of which are summarized essentially by my default answer of “It Depends.”
Whether you sell now or wait depends on your goals, your flexibility, your timelines, your lives …
A few things to consider:
- The market is seasonally slowing right now - fewer homes are coming on the market and fewer homes are going under contract. As a buyer this means less selection, as a seller this means less competition.
- If you decorate your home for the holidays, be prepared to re-take photos after the holidays … few things date a home’s time on market like Christmas photos.
- What’s the market like for your home right now? What’s it likely to be in January-March? What is your competition likely to be? Existing homes? New construction?
- Will the market for your home be stronger in the spring?
A few questions to ask yourself when debating whether to put your home on the market now or in the spring:
- If you sell now, where will you go?
- Where do you want to live?
- What happens if you can’t sell but find a place you want to purchase?
- What do you have to do to get your home ready for the market? Is it a short list or a long one?
- The holidays are by definition disruptive; are you willing to add “trying to sell a home” to the disruptions?
- Are you already looking for homes? Here’s a few tips to search smarter for homes in Charlottesville.
My thoughts -
- Talk to a lender now, if you need one.
- Talk to a good real estate broker now to help you get a firm understanding of what your marketing strategy and price should look like
Above all, do what’s going to be most advantageous to you, while still maintaining a semblance of sanity. After all, we’re taking about your home; marketing and selling a home is by definition disruptive. Do what you can to minimize the stress and disruption.
Questions? Ask me . I’m doing quite a bit of consulting right now with sellers who are looking to put their homes on the market in Spring 2014.
Looks like Crozet will be getting a hotel … in Old Trail.
If you're curious, check out the state of the "Major Site Plan Amendment" at Albemarle County's outstanding County View - Planning Application number is SDP201300011
This is an interesting development … Old Trail has been in a bit of flux for the past several months after new management took over, and it's been quite challenging to advise buyer clients as to what the future of Old Trail is going to be … other than "it's going to be a lot more dense, a lot busier, and they've no plans to address traffic (to be fair, the County doesn't have any plans for traffic - here or anywhere)". I don't mean that to be a negative, but an honest statement … Old Trail is an outstanding neighborhood - one of the most walkable and popular neighborhoods in the region, but having a clear, defined plan would be helpful - both to new residents and existing ones.
It seems that their plans are taking shape.
Charlottesville (and the urban ring in Albemarle County) is poised to have a lot more hotels … but this is the first one in Crozet, and is a much-needed hotel. With the number of vineyards hosting weddings, tourists coming to town to hike and visit the many breweries in Crozet and Nelson County, I'm betting a 43 room hotel, assuming it's a nice boutiquey thing, will do extremely well.
A boutique hotel had been planned/discussed for the Barnes Lumberyard, but after the bank bought the lumberyard back at foreclosure, I'm betting the only hotel Crozet sees is the one in Old Trail.
I'm working on figuring out a timeline for the site plan review, who's building it and other details. But for now, I'm off to see a client about a house.
PROJECT: SDP2013-011 Old Trail Village Block 2B – Major Site Plan Amendment
PROPOSED: Request for major site plan amendment approval for a four story, 43 room hotel with a 1,000 square foot restaurant and associated parking.
LOCATION: At the corner of the intersection of Golf Drive and Claremont Lane, near The Lodge at Old Trail.
If you’re interested in what it’s like to live in Old Trail Village, about 16 minutes west of Charlottesville … search for all the homes for sale in Old Trail here.… Continue reading...
It’s a damn shame that:
1) Our society has gotten to a place where this can be said with seriousness in a public forum.