And it’s a great buy, located just west of Charlottesville in the Old Trail development in Crozet. This post breaks my unwritten
rule guideline to not blog about listings, but it’s noteworthy for a couple of reasons –
1 – It’s a short sale in Albemarle, something of which we haven’t seen much so far in this market shift. There are three properties in the MLS with “short sale” in the public remarks and eight properties with “short sale” in the agent remarks.
2 – It’s in Old Trail, which is, in my opinion, just ahead of the curve and is poised for great success in the medium to long-term. (more on why in a later post)
3 – It is owned by local builder Church Hill Homes. More on this later.
Unfortunately, there are no sold comps (per the MLS) by which to draw comparisons on price. (Have I mentioned that sold comps matter less?) Take a look at the active two bedroom townhomes in Crozet – there are no under contract ones …)