At Cvillenews . The conversation is worth your time.
Friday Chart – Foreclosures in Charlottesville MSA
This concerns me; if only because finding accurate and relevant data for the Charlottesville real estate market is getting harder and harder; thus, advising my clients is becoming more and more challenging .
I was on the radio with Coy Barefoot the other day discussing the Charlottesville real estate market. If you follow me on Posterous, you may have already heard the segment ; you may also listen to the show at Charlottesville Podcasting Network . Thanks to VARBuzz .
What Happens When you Close on A House in Charlottesville?
What happens when you close on a house in Charlottesville? Sellers get all repairs and such done at least 5 days prior to closing. Plan to vacate the house the day before closing. Buyers will do a final walkthrough the afternoon/evening or the morning of closing to ensure the house is ready for conveying. you can usually sign your documents a couple days prior…
Bundoran Farm on Virginia Public Radio
From Joe Barnes with Bundoran Farm : Virginia Public Radio recently aired a segment on Bundoran Farm and our efforts to preserve the character and use of the 2,300 acres of this legacy landscape, promote on going environmental stewardship and craft a great place for people to live in and enjoy the countryside of Charlottesville, Virginia and Albemarle County region. WVTF’s Sandy Haussman reports on this new model of conservation development we refer to as “Preservation Development.†In addition to providing as high level overview of the development concepts, you can hear first hand comments from Fred Scott, the previous owner of Bundoran Farm, Mary Tillman, one of Bundoran Farm’s Founding Stewards and Ed McMahon, a Senior Fellow with the Urban Land Institute. Here’s a link to the podcast
Crozet Gets a Blockbuster
Sort of .
City of Charlottesville’s Assessments Decline
In its annual review of Charlottesville properties, the City Assessor’s Office released figures that show the total value of property — including new construction — declined by .76 percent. … The city has 12,820 taxable residential parcels, and approximately 54 percent will have a decline in value and 40 percent will not show a change, excluding improvements and new construction. … Here are some details of this year’s figures: — Assessment for existing residential property declined in value by 2.19 percent.
… — When new construction is added to the value of existing property, the total value of property in the city declined by .76 percent.
Albemarle County Assessment Figures Released
Virginia, unlike some other states, by Statute requires localities to assess property at 100% of fair market value, based on an objective analysis of the property’s fair market value, independent of any influence on the part of the County or the County Board of Supervisors. … The average annual reassessment changes for the magisterial districts are as follows: Rio -2.25% Jack Jouett -4.30% Rivanna -2.12% Samuel Miller -3.65 % Scottsville -4.13 % White Hall -3.19 % Town of Scottsville -1.89 % The new assessments will be reflected in the real estate bills which will be mailed in late April, 2010. County officials recommend that anyone who would like more information or who wishes to appeal their assessment to contact the Office of the Assessor in the Finance Department at (434) 296-5856. … If a property owner does not receive satisfaction with this step, further appeal may be directed to the Board of Equalization, which is comprised of Albemarle County citizens who have completed training by the Virginia Department of Taxation and who meet on a regular basis.