Posts Published by 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.

Knowing This, Would you Trust Zillow?

It’s been a while since I’ve taken an in-depth look at Zillow; generally I tell my clients that it’s good for content but not actual good, conclusive, base-any-real-decisions-on-what-it-says.

If you’ve been using Zillow’s zestimates and trends to understand the market, not only are you finding that you were misinformed, but now you really don’t know how misinformed you were (or are).


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Sustainability Matters

I was humbled to participate in the panel with real business leaders John Lawrence of Mudhouse Coffee and Crystal Mario of Rivanna Natural Designs yesterday. John and Crystal are setting standards for what and how profitable green/sustainability can be done successfully.

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Seeing Green and Talking Green – Charlottesville Workshop Tomorrow

I have long said that a very small percentage of the (American) populace will make green decisions – conservation of resources, smarter use of resources, building green, etc. – because it saves green not solely for altruistic reasons.

With that preface, come to the Seeing Green: Savvy Solutions for your Business and Your Community workshop tomorrow at City Space (press release after the jump); I’ll be on the panel – “Been There, done that, have the results to prove it!” at 10:45 discussing some of the ways that I and Nest Realty have chosen to go green for green reasons as much as economic reasons.

The ways that I and we have “gone green” is surprisingly long … I’m looking forward to discussing them tomorrow as well as hearing feedback on which ones are applicable beyond real estate.

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Showing Houses in Charlottesville – On a Bike

Well that was fun. Saturday, I showed a few houses to buyer clients. And we each rode our bicycles; and I’m looking forward to doing it again. April was my first time showing a house on a bike and I’d been looking forward to doing it again. As this was my first time showing multiple houses with clients, I learned a few things.

If being closer to bike paths equates to higher property values, what better way to experience bike paths and on a bike?

Notes/lessons learned:

– Riding a bicycle is an infinitely better way to learn a neighborhood than riding in a car – taking in the smells (think Belmont BBQ), the sounds (trains in Charlottesville), topography (if you’re planning on commuting via bike).

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Somerset Farm – It’s What’s Next

Somerset Farm – Neighborhood centers, pedestrian-oriented, close to downtown Charlottesville …

From the Comprehensive Plan Report:

Neighborhoods centers would be developed as focal points for congregating. These central districts could include commercial or civic spaces that provide services, employment opportunities and gathering places for residents, reminiscent of European and pre suburban American villages

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Real Estate Round Up – Charlottesville Real Estate Market Update – May 2011

I’ve written a lot, looked at a lot, and analyzed a lot. Over the past two days, I have looked at real estate market data specific to the Charlottesville MSA for nearly six hours (and I still have quite a bit yet to come, including updated median sales price numbers).* I’ve written thousands of words, and thought that a summary post may be useful.

Part One: Charlottesville MSA – Single Family & Attached Homes Placed Under Contract – First Five Months

Part Two: Charlottesville Real Estate Market Update: Transaction Volume for 2000 – 2011

Part Three: What’s Selling in Charlottesville? Single Family, Attached homes or Condos?

Even this real estate analysis is too broad; to really know what’s happening, you (and I) need to study the market segment relevant to you. Every segment is different and unique.


– Single family homes in Charlottesville MSA: sales up 1.5%, median sales price down 4%

– Attached homes in Charlottesville MSA: sales down 16%, median sales price down 3%

– Condos in Charlottesville MSA: sales down 17%, median sales price down 3.5%

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