Another Hundred-Thousand Dollar Price reduction

Three days ago it was this foreclosure in Crozet.

This time in the Spring Creek development in Louisa – from $425,900 to $325,000.

[idx-listing mlsnumber=”472145″ showall=”true”]

Spring Creek was (and is) a destination for those relocating to Charlottesville who want larger homes in a golf course community, but with the reasonable proximity to Charlottesville, the NGIC/DIA facility on 29 North as well as Richmond/Short Pump.

I have a feeling that there will be some strategic defaults here.

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2 Comments

  1. Mark December 26, 2009 at 20:41

    I don’t know how great it would be to live in Louisa, but they do have a sweet new Super Wal-Mart right there.
    Considering it’s 8 days after the Snowpocalypse and on my street you still have to drive into a snowbank to let oncoming cars pass, I’m not too pleased with what I’m getting for my City taxes.
    95 cents on $100 of assessed value for this?
    For this and many other reasons I’m considering moving out of the City, either to Alb. or somewhere else- maybe Spring Creek!

    Reply
  2. Jim Duncan December 27, 2009 at 19:26

    Just wait until next month when City (and others’) assessments come out …

    Reply

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