Real estate assessments rose again in Albemarle County in 2016 nearly 2% in 2015 after about 2.5% in 2014; now Albemarle County wants to increase the tax rate by 2.5 cents. Sean Tubbs at Charlottesville Tomorrow writes (be sure to read the whole thing): Rising population and sluggish growth in property values have led Albemarle’s county executive to propose a 2.5 cent real estate property tax increase in his recommended budget for the fiscal year beginning July 1. “The reality is, slow revenue growth in the face of consistently growing … [Read more...] about Albemarle County Seeking to Raise Property Taxes. Again.
This is not a post about Zillow vs the MLS. This is a post asking one question: Why is VDOT not marketing the homes they have for sale through the MLS? They are listed "for sale by owner" on Zillow. That's it. That's the question. Is this truly exposing the homes to the fair market? When the Western Bypass died, the Virginia Department of Transportation had to sell the homes they had purchased. Here's one of the homes VDOT has for sale; there are quite a few more for sale that were in the path of the planned/proposed Western … [Read more...] about VDOT Marketing Homes Through Zillow & not the MLS
https://twitter.com/JimDuncan/status/693933116180860929 The Subaru Outback may be the Ultimate Adventuremobile for City Dwellers, it’s a darn good real estate car - that allows for a bit of adventuring, too. My previous car was a black Subaru Outback. My new one is a Subaru Outback; it just works for how I live my life. Why I chose a Subaru as my real estate car. (twice!) It goes anywhere and everywhere I need it to go. 8.7 inches of clearance is the same as my Honda Pilot. Getting in doesn’t require climbing up - … [Read more...] about Why I chose a Subaru as my real estate car. (twice!)
It’s all relative. One of the top criteria my clients (and most buyers/people) is safety/crime/neighborhood quality. And I never assume. I had a client years ago who had a (mostly hyperbolic) opinion on the safety of where they wanted to live, “so long as we’re not stepping over needles, we’re good." “Neighborhood quality” is relative. You can evaluate neighborhood quality/safety online, but the best way - truly the best way to evaluate - is to ask the neighbors. The City of Charlottesville has a darn good resource for looking … [Read more...] about “Safety” Is Relative When Evaluating Where to Live
Local politics, Deschutes Brewery, Charlottesville real estate market update, new mortgage regulations, fair housing, new construction — just a few of the topics we covered in just under an hour of live radio. … [Read more...] about Radio Fun – Politics, Fair Housing, Market Update & More
School quality matters with respect to home values; this is inarguable. Zestimates and locality assessments matter to a certain degree when evaluating home values. What about school ratings on websites? Take the following email exchange from one of my (very smart) clients. (I've anonymized the schools for this post, and I apologize in advance for how it breaks up the story, and I've edited a bit for readability): "We've noticed that () Elementary seems not to get the same sort of notoriety around here as some of the other schools, right. … [Read more...] about Look Beyond Test Scores When Evaluating Schools
This is likely to be one of the more consistent videos I'm going to send to clients for the next two years ... Thoughts welcomed. https://youtu.be/1Ws1z-NJVKg … [Read more...] about Previewing a Bio Video