43 minute read
FEATURE
REALTORS® Anticipate a Not to be Missed Spring
Market!
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There is excitement in the air! Even before the daffodils pop and the dogwoods wow, the local real estate market is primed and ready for spring.
Erin Garcia, REALTOR® with Loring Woodriff Real Estate Associates, says she has never seen this kind of interest so early in the year. “There is a great vibe going on with extremely high interest in what the spring market will bring; much higher than usual. It seems as if the hot market period is getting
earlier and earlier in the year. Agents are asking sellers if they might want to list now instead of waiting a few months for the typical spring market.”
Garcia isn’t alone in her assessment. “There is consensus in our office that 2020 is starting off on a roll, and that holds true for high end properties and premium tracts of land as well,” says John Ince, REALTOR® at Wiley Real Estate.
Closing agents are seeing the same trend. Many are just coming off an historically high January. And it all bodes
$1,790,000 • 359 SOUTH RIVER RD
$1,300,000 • 6841 SPOTSWOOD TRL
This estate offers long South River frontage and a stocked pond. Peaceful working farm is ready for any livestock operation, well-fenced with 6 pasture water troughs, barns for machine and hay storage and workshops w/water and electric. Pristine, turnkey, family-friendly home is perfect for gracious entertaining. True-stucco siding and metal roof hides interior surprise of 2 complete living quarters thoughtfully connected for privacy and easy access: renovated 1940s 2BR/2BA farmhouse w/dining, EIK, fam room and 3BR/2.5BA addition w/MBRs on both levels, light-filled great room w/vaulted ceiling, EIK w/pantry, finished basement. Quality materials. Perfect B&B, event venue.
$1,700,000 • 4433 RICHMOND RD
You want Views! This heirloom, 199-acre farm sits right at the base of the Blue Ridge mountains with long, westerly panoramas. Early1800s homestead features a 1920s addition plus a relocated 1700s log cabin with large stone chimney on one end. Beautiful wood paneling and hand-crafted wood beams grace several rooms. Historic property includes a separate restored log cabin cottage, mature plantings, rolling fields, and a paved concrete driveway. Grounds have fenced pasture and many acres of mature hardwoods, as well as many outstanding building sites. Imagine a studio, guest house, vacation rental, or B&B overlooking one of several lakes on the estate. Easy, 30-minute drive to Charlottesville, Harrisonburg, or points north around Culpeper.
Bring the family, bring the animals! This lovely two-dwelling farm has acres of clean pasture mixed with woods and lots of streams. Features a 4BR/3BA home built in 1993 and a 3BR/2BA home built in 1979. Large pole barn with electric and water can be easily adapted to any farm/livestock need. Property has other farm buildings plus a 2-acre lake. Several building sites with soils work done have year-round views of the Southwest mountains, Monticello and Browns Mountain. Just minutes to Pantops and downtown. This property is only limited by your imagination, has division potential, and is good for conservation easement. Great buy in the Keswick area of Albemarle County.
DAVID EDDINS CELL: 434-531-7867 ERA BILL MAY REALTY CO. OFC: 434-978-7355
A Virginia Country Life
BRAMBLEWOOD - A 522 acre private sanctuary in the Southwest Mountains and the heart of Keswick. The 2008 manor home, with over 14,000 sq. ft. of living space, showcases the highest quality materials and craftsmanship. Impressive grounds, mature landscaping, ponds, 2 additional homes, and a large barn, complete this stunning estate. The 6-bedroom residence boasts Italian plaster finishes, limestone floors, his/her studies and 6 fireplaces. MLS 595091 $6,700,000
Murdoch Matheson 434.981.7439 murdoch.matheson@sothebysrealty.com HIGHLAND ORCHARD - Nearly 1,000-acres in Albemarle County, Virginia less than 20 minutes from Charlottesville and UVA. Situated among the headwaters of the Hardware River, Highland Orchard features a rolling pasture and woodland, and a stylish contemporary residence with spectacular views. The Residence, guest house, farm cottage, formal greens, pool, and a host of complementary farm buildings make this an extraordinary farm offering in Virginia. MLS 580935 $7,750,000
Each Office is Independently Owned and Operated.
murdoch-matheson.com
A Virginia Country Life
WHITE HART - c. 1998 Shelter and Associates English Country Manor Estate hidden amidst 353 acres of rolling countryside in Northern Albemarle County farmland. Over 8,000 s.f. 4-bedroom home with Heart Pine floors, woodwork, and paneling throughout. The property consists of 200 acres of rolling pasture and 153 acres of hardwoods and 2 large ponds, year round creek, and panoramic views of the SW and Blue Ridge Mountain ranges. MLS 573304 $4,995,000 HIGHBRIGHTON - A 530 acre Estate for the Virginia Sportsman. The manor, a 3-bedroom 9 fireplace main house, is a combination of two Federal style brick houses put together. The original house is believed to be built in the 1830’s with the other half added in 1842. Carriage house/garage, a historic cabin, guest house, pool house, even a wedding venue, all among an equal balance of forest and wooded buffers with a full complement of outbuildings. 15 miles north of Charlottesville. $8,000,000 WINDERMERE - Built in the 1930’s with only two owners since that time, the 2.3 acres is sited in one of Charlottesville’s most sought after locations. The house built of native fieldstone, and property bounded by towering hedges, the residence is completely unique within Farmington in privacy, size, sighting, and proximity to the Clubhouse. With 6 bedrooms, 2 of them bedroom suites, and 5 baths there is ample room for guest accommodation. $4,250,000
BLOOMINGDALE - Built in 1840, Bloomingdale is a noteworthy property located in the heart of Somerset, VA. The Federal manor has a magnificent center hall with grand proportioned rooms and 8 fireplaces. Improvements and renovations: Geothermal heating and air, renovated sun porch roughed in for secondary kitchen, saltwater pool, master bath, foam insulation, windows and screens, plumbing, paint and plaster. House is sited on 14 ac. MLS 567939 $1,275,000 STONE’S THROW - 42-acre country estate in Keswick, VA. Built in 2005, the main residence has 6 bedrooms, 9 bathrooms, 6 fireplaces, a large 1st floor master, an infinity swimming pool and hot tub, a 7-stall stable and riding ring with surrounding paddocks, 2 detached garages, and 2 guest quarters. Sprawling views to the south and west, this is the place to take in the amazing sunsets. This is an equestrian’s dream property. Charlottesville is less than 12 minutes away. MLS 595734 $2,750,000 MEADOW HILL FARM - c. 1910 Farm house manor on 14 stunning acres in Greenwood, VA. Perched above Stockton Creek with views of the Blue Ridge Mountains. only 15 minutes to downtown Charlottesville in coveted Western Albemarle County. MLS 595248. $2,300,000
SOLD
SOLD
FAIRVIEW - c. 1856 brick Georgian manor home encompasses four levels of living space totaling 9,000 s.f. with 10’ ceilings and heart pine floors throughout as well as numerous fireplaces and original moldings and woodwork. 5 bedrooms or more possible with a delightful guest cottage next to existing period ice house. Formal gardens and rose garden, Farm managers house and horse facilities and equipment barns. This farm is the complete package, located in beautiful Somerset, Virginia. MLS 585034 $2,975,000 1108 HILLTOP ROAD - Rarely does a property come available with so many excellent qualities. Period Charlottesville Georgian designed by Marshall Wells, built in the late 1930’s. This property is one of the best locations in town. MLS 588265 $2,600,000
murdoch-matheson.com
1331 Hilltop Road • $1,950,000 Centrally located on one of the most coveted streets in sought after Meadowbrook Hills, 1331 Hilltop Rd offers 1930s charm with modern amenities on a beautiful 1 acre+ lot. This home boasts multiple living spaces indoor and out perfect for gathering, an inviting kitchen to suit any chef’s needs, dining room that can fit up to 20 guests, first floor master, 2 car garage, and separate guest/au pair suite in the walkout basement. Countless highlights include 2in thick oak floors and substantial hickory newell posts milled from trees on the property, Tulikivi soapstone woodstove, Talavera Mexican tile, radiant heat floors in basement & kitchen, 3-zone HVAC, Ting gigabit internet, and landscaping for every season. Must be seen to be appreciated. MLS# 600088
Sydney Robertson REALTOR® (434) 284-0694 sydney@loringwoodriff.com
WWW.LORINGWOODRIFF.COM
Exceptional Western Albemarle Farm
well to continue into the 2020 spring market.
How do buyers and sellers take advantage of this excitement? And who is in the driver’s seat? Both parties need to be well-informed and ready. Even if there is a low inventory situation, sellers need to be smart about pricing because buyers are savvy. And buyers need to make sure they are fully prepared so they are ready to strike when the right house presents itself.
Sellers’ Market?
Low inventory means a sellers’ market, right?
The projected inventory depends on your desired location and your target price point. When Garcia looks at Charlottesville and Albemarle County, she says there just is not that much supply available, placing sellers in a good position. According to the latest market analysis from Michael Guthrie, CEO and Principal Broker for Roy Regardless of the forecast, across the CAAR region things may balance themselves out. Greg Slater, REALTOR® with NEST Realty Group, says “There are always pockets that are hot or cold, but the market is in great shape. Both buyers and sellers are feeling good. There’s a certain amount of confidence in their purchasing and selling decisions. If you are educated
Chiswell ~ 180 acres ~ Greenwood ~ $2,975,000 A stunning estate property located at the base of the Blue Ridge Mountains near Crozet
Wheeler Realty, Co., “There is a significant shortage of homes in close proximity to the city. There are 58 total with just 25 that are detached and only 15 that are new construction.”
Clearly, demand is outstripping supply. At least in and around Charlottesville.
Thomas Woolfolk, President of CAAR and REALTOR® with Keller Williams Alliance - Charlottesville, agrees. “Overall, the 2020 forecast is pointing to a sellers’ market. But it depends on where you want to live and how much you are willing to spend. If a buyer is looking for something less than $200,000, they may have to look long and hard. Builders just can’t touch that price for new construction, leading to a shortage of inventory in that price band. However, new construction continues to increase so we may see a healthy supply in the under $500,000 inventory.”
and take the right steps, you can make a strong financial decision to invest in a property or sell your home and invest in another.”
New Construction Hitting Its Stride
“There has been a modest uptick year over year in the number of new homes being built,” reports Slater. “There were more new units constructed in 2019 than any other year this century except 2005 (pre-recession). We bottomed out in 2011 with only 371
Candice Van der Linde Buy and Sell Cville Team REMAX Realty Specialists Call: 434-981-8730 Connect: BuyandSellCville.com Come visit: RE/MAX Realty Specialists Candice van der Linde, Realtor @Candice_Realtor NOMINATE ME
NOMINATE ME
FEBRUAR Y 19 - FEBRUARY 25, 2020 ISSUE 2907 Buy and Sell Cville Team Nominees: Candice & Bert Passionate about Helping People SELL & BUY Residential Real Estate in the Charlottesville Area. We can’t wait to connect with you & Share Some of our Best Adventures!
Passionate about Helping People SELL & BUY Residential Real Estate in the Charlottesville Area. We can’t wait to connect with you & Share Some of our Best Adventures! Candice van der Linde, Realtor @Candice_Realtor Buy and Sell Cville Team Nominees: Candice & Bert Passionate about Helping People SELL & BUY Residential Real Estate in the Charlottesville Area. We can’t wait to connect with you & Share Some of our Best Adventures! Candice van der Linde, Realtor @Candice_Realtor 3470 OLD LYNCHBURG RD MLS#597752
EQUAL HOUSING OPPORTUNITY
Historic property built in 1800 was at one time a civil war general store. Set in privacy & tranquility, this elegant estate is a rare offering w/exquisite details throughout. This classic home was expertly renovated in 1996 & now offers a distinguished residence set in the heart of 52 acres. The interior boasts unparalleled features from the expansive porches, architectural antique beams & vaulted ceilings, 5 stone fireplaces, handsome moldings & 4 floors of finished space. Exterior appointments include an enormous bluestone courtyard, private hot tub & sauna tucked away overlooking a stream. Dependencies include a charming guest house built as a music studio, an indoor tennis facility/gym which could also be used by a car enthusiast.
William Zimmer, REALTOR ® • 804-690-1536
Introducing Park Lane from the Upper $400’s 26 Farmhouse Inspired Homes Across from Crozet Park Tour our Newest Model Homes in Belvedere and Old Trail Village Tour our Newest Model Homes in Belvedere and Old Trail VillageTour our Newest Model Homes in Belvedere and Old Trail Village
Tour our New Model Home In Westlake at Foothill Crossing OPEN DAILY 12-5 | 434- 218-2352 | Parklane@craigbuilders.com | craigbuilders.com/modelhomes Currituck Model in Belvedere | 905 Belvedere Blvd, Charlottesville, VA 22901 Villa Model in Old Trail Village | 406 Astel St, Crozet, VA 22932 MODEL HOMES OPEN DAILY 12-5 | 434-973-3362 | craigbuilders.com Currituck Model in Belvedere | 905 Belvedere Blvd, Charlottesville, VA 22901 Villa Model in Old Trail Village | 406 Astel St, Crozet, VA 22932 MODEL HOMES OPEN DAILY 12-5 | 434-973-3362 | craigbuilders.com Currituck Model in Belvedere | 905 Belvedere Blvd, Charlottesville, VA 22901 Villa Model in Old Trail Village | 406 Astel St, Crozet, VA 22932 MODEL HOMES OPEN DAILY 12-5 | 434-973-3362 | craigbuilders.com
1237 CHATHAM RIDGE Spacious rooms in delightful RiverRun community. New kitchen and laundry appliances. Perfect central location. Many recent upgrades. Over 1600 square feet; spacious living room with additional family room; 2 large bedrooms suites each with ensuite bathroom and walk-in closet; large laundry room. MLS# 599030 $259,900 864 ST CHARLES AVE Prime location for this renovated all brick home in the heart of Charlottesville. Updated kitchen, refinished hardwood floors, new carpet, updated bathrooms, freshly painted, all brick for low exterior maintenance. Ready for newowner. Perfect for first time home buyers and investors. MLS# 598079 $284,900 2211 NORTH BERKSHIRE RD Newly refinished hardwood floors, kitchen cabinets recentlyreplaced. Main level features large eat-in kitchen, living room with fireplace, hardwood floors, 3 bedrooms and full bath. Terrace level features family room, bedroom, additional room and separate entrance. New rear deck, spacious private backyard. MLS# 595368 $279,900
1306 HAMPTON ST Updated home in superb location in the city. Beautiful hardwood floors, updated bathrooms, fantastic large level backyard with detached garage. Full finished walk-out basement with family room, additional room and full bath; Kitchen does need appliances. MLS# 600095 $295,000 6 CORN PONE LN One level living! Spacious open floor plan. Large gourmet kitchen with beautiful cherry cabinets, granite counter tops, large pantry and breakfast nook. Vaulted living room with fireplace; sunroom overlooking private backyard and formal dining room. MLS# 599027 $399,900 3408 MEADOW WOOD LN ONE LEVEL LIVING in this unique home in desirable Western Albemarle County on 2 private acres. Hardwood floors, stunning stone fireplace, large rooms and unique loft space. Oversized detached 2 car garage. Home is being sold “as is”. MLS# 597832 $340,000
Janet Bradley HomeSell Realty janet@janetsellshomes.net (434) 996-0303
1699 SIMMONS GAP RD Beautiful move-in ready Cape Cod features 3 br and 2 ba on the main floor. Features large eatin kitchen with breakfast nook; split bedroom design with master bedroom suite with ensuite bath featuring soaking tub with separate shower & walk-in closet; 2 additional spacious bedrooms & full bath. MLS# 598815 $285,000
1416 DECATUR DR 7 bedroom, 4.5 bath home with 2 kitchens and finished attic space for those seeking multi-generational living. Beautiful hardwood floors throughout main level, enormous kitchen with beautiful island, morning room, family room with raised fireplace and formal living room. MLS# 596106 $495,000
https://marketing.remaxdesigncenter.com/39/215339/58164434/
Barbara Bozsik REALTOR® 917.864.3928 barbara@barbarabozsik.com Mountain Views and Crozet living. This deceptively Large 2500 sq. Ft. Cottage style home is ideally located in near the shops in Crozet and only 15 minutes to downtown Charlottesville. This 4 bd, 2 1/2 bath home offers comfortable living with ample closet space. The first floor Master and bath flow into a fantastic light filled great room with fireplace. The Dining Room seats 10 and is open and inviting. The fine architectural details are everywhere in this quality Southern Development home. Enjoy sunsets over the Blue Ridge mountains and fireworks from the lighted stone patio by a cozy outdoor fireplace. This home is close to Breweries, Wineries, Library, Orchards, Shopping, Trails. Easy commute and fun in Crozet starts here. MLS# 599334 $425,000
1425 TRAILSIDE COURT• RIVERSIDE VILLAGE
Beautiful Craftsman-style 2-bedroom overlooking the Rivanna River features stainless steel appliances, granite counters, gas fireplace, 3 1/4” hardwood and ceramic tile flooring, and a spacious private covered porch off of living room. Upgrades include custom shelving in bedroom closets, tile backsplash in kitchen and gorgeous custom mantle in living room. Walk out your door to access the Rivanna Trail, and enjoy luxuries such as onsite exercise room, separate storage locker,outdoor kayak rack, and key less entry security. This condo also includes a designated covered parking spot. Energy efficient “Earthcraft” construction from an award-winning builder, steps from the Shops at Riverside Village & only 1.3 miles from C’ville’s Downtown Mall! MLS# 598666
$394,900
units, but have been moving up each year since, with 797 newly constructed units built last year.”
Maury Atkins, REALTOR® with Roy Wheeler Realty – Zion Crossroads, also expects new construction units in 2020 to exceed 2019. “In Louisa County near Zion Crossroads, Forest View has some lots left but is close to being built out. Nearby, there are two more phases in the Spring Creek golf community. And Fluvanna County continues to work on its infrastructure to allow for more construction, with a new water tower already in place.”
Builders are already busy with units for fall delivery. Some construction timelines have lengthened due to a labor shortage that is impacting the availability of subcontractors. In northern Albemarle County, the North Pointe community is taking shape and doing its part to ease the housing shortage, as nearby Oxford Hills in Greene County comes close to being built out. Another Ryan Homes development, Sparrow Hill in Crozet, is also nearly sold out with just a few building lots remaining. Further north in Greene, Octania Highlands is starting to rise from the ground after suffering through the recession and reemerging with custom homes on estate style lots (two or more acres). With only 22 lots available in the beautiful South River Valley, this new community won’t make a huge dent on the supply, but every home will help. REALTOR® Matthew Woodson, also with Roy Wheeler Realty – Greene, says, “Our open house held in late January for the model home was as good an open house as I have had in years. Octania Highlands will have a variety of sizes and styles available from builder True Living Custom Homes. Interest is strong and that’s a great sign this early in the year.”
As far as what you’ll have to pay for a new home, there is good news. The new home, median sold price decreased almost $68,000 last year, from $429,900 in 2018 to $362,000. Guthrie notes this decrease was in part due to the increased demand for lower priced homes in Greene and Fluvanna Counties. Slater agrees. He says builders are doing their best to respond to demand. “Millennials are making up a larger percentage of buyers and builders are trying to keep new homes within reach of that segment of the market.”
Sellers: Prep, Shine, Price
If this turns out to be a sellers’ market with lower supply than demand, the sellers who have best prepared their homes, show them well, and price them right will be most rewarded.
Slater cites the example of Western Ridge in Crozet with homes 15 to 20 years old. “If the home is in good condition and the seller has updated it, the house may sell before it even shows up on the MLS. This is particularly true with the spring market as families often relocate to Crozet for schools and want to have everything finalized early in the year.”
Garcia offers a caution to owners that “there are more savvy buyers coming in who are ready to go. They have done their research and will tell me ‘this house has been on the market 36 days’ and want to severely undercut the listed price.” So, even where demand outstrips inventory, a house that is overpriced or not in good shape will not attract top dollar. Woodson agrees. “The home still must be priced right. If it is, and it’s in a desired location, it will be a hot commodity.”
Buyers: Do Your Legwork
Like most REALTORS®, Garcia begins her relationship with potential buyers by exploring what they want and where they are in the homebuying process. “We want them ready, so that when it’s time to make an offer they
Listing & Selling Horse Farms | Lifestyle Properties
CharlottesvilleEquestrianProperties.com VirginiaHistoricEstates.com | CharlottesvilleCountryEstates.com Bridget Archer 434-981-4149 Gayle Harvey Real Estate, Inc.
505 CARRSBROOK DRIVE • CHARLOTTESVILLE This beautifully maintained and updated Carrsbrook home offers everything on your must have list! Bright, open floor plan, gleaming hardwood floors on main level, 5 spacious Bedrooms, eat-in kitchen, formal dining open to living room with fireplace, rec room with fireplace, study/ exercise room. New kitchen updates include appliances, granite counter top, back splash and flooring. Interior just painted throughout, new widows, new hot water heater, updated light fixtures and new flooring on Terrace level. Outdoor Living Space provides an inviting deck, large fenced rear yard and storage building. LOCATION, LOCATION! Convenient to everything Charlottesville. Easy access to shopping, schools, parks and employment. A MUST SEE! MLS# 599300 $409,900
GINGER SLAVIC 434-981-0118 www.GingerKnowsRealEstate.com gaslavic@cs.com Licensed to Sell Real Estate in the Commonwealth of Virginia 350 Old Ivy Rd #200, Charlottesville • (434) 260-5355) FEBRUAR Y 19 - FEBRUARY 25, 2020 ISSUE 2907
Vacation Year Round at Lake Monticello
FEBRUAR Y 19 - FEBRUARY 25, 2020 FEATURE CLAREMONTATCARRIAGEHILL.COM OPEN HOUSE MAY 19 & MAY 26 NOON - 2PM
DIRECTIONS: TAKE 250 EAST TOWARDS PANTOPS & TAKE A RIGHT AT 1075 WEYBRIDGE COURT #103 JULY 7 & JULY 28 NOON - 2PM
DIRECTIONS: TAKE 250 EAST TOWARDS PANTOPS & TAKE A RIGHT AT THE LIGHT ON ROLKIN RD. FOLLOW THE ROAD BEHIND STARBUCKS & TAKE A LEFT ON BEVERLY DR. FOLLOW SIGNS. 1075 WEYBRIDGE COURT #103 STARTING IN THE 150s CLAREMONTATCARRIAGEHILL.COM OPEN HOUSE MAY 19 & MAY 26 NOON - 2PM
DIRECTIONS: TAKE 250 EAST TOWARDS PANTOPS & TAKE A RIGHT AT THE LIGHT ON ROLKIN RD. FOLLOW THE ROAD BEHIND STARBUCKS & TAKE A LEFT ON BEVERLY DR. FOLLOW SIGNS. 1075 WEYBRIDGE COURT #103 1005 WEYBRIDGE COURT #303 JAN 19 AND JAN 26, 12-2PM CLAREMONTATCARRIAGEHILL.COM OPEN HOUSE MAY 19 & MAY 26 NOON - 2PM
DIRECTIONS: TAKE 250 EAST TOWARDS PANTOPS & TAKE A RIGHT AT 1075 WEYBRIDGE COURT #103 JULY 7 & JULY 28 NOON - 2PM
DIRECTIONS: TAKE 250 EAST TOWARDS PANTOPS & TAKE A RIGHT AT THE LIGHT ON ROLKIN RD. FOLLOW THE ROAD BEHIND STARBUCKS & TAKE A LEFT ON BEVERLY DR. FOLLOW SIGNS. 1075 WEYBRIDGE COURT #103 STARTING IN THE 150s CLAREMONTATCARRIAGEHILL.COM OPEN HOUSE MAY 19 & MAY 26 NOON - 2PM
DIRECTIONS: TAKE 250 EAST TOWARDS PANTOPS & TAKE A RIGHT AT THE LIGHT ON ROLKIN RD. FOLLOW THE ROAD BEHIND STARBUCKS & TAKE A LEFT ON BEVERLY DR. FOLLOW SIGNS. 1075 WEYBRIDGE COURT #103 1005 WEYBRIDGE COURT #303 JAN 19 AND JAN 26, 12-2PM JOHN UPDIKE Office: (434) 951-5174 Mobile: (434) 242-7711 jbupdike3@aol.com www.RoyWheeler.com Park-like setting in popular Mill Creek. Amazing location-minutes to Wegmans/5th Street Station, Biscuit Run Park, Monticello Trail, Downtown Charlottesville, UVA & easy access to I-64. One-level living w/ an open floor plan (1066 sf), the home has an updated kitchen w/ stainless steel appliances & beautiful tile backsplash, wood-burning fireplace & screened-in porch (192 sf). A roomy 2-car garage (560 sf) w/ workbench & an additional outbuilding that can be used for storage or a playhouse. Recent upgrades incl. the HVAC, hot water heater & paved driveway. Mill Creek is a top seller & holds its value well. Pre-listing home inspection was done to facilitate a smooth transaction. Move-in ready! MLS# 599043 $349,000 www.monticellorealtors.com Conveniently located just 25 minutes from Charlottesville, you’ll find a whole new lifestyle. Take Route 53 from C’ville to a left on VSH 618 (Lake Monticello Road). Our office is on the right • Gated Residential Community • 350 Acre Recreational Lake with 5 Beachs • Great Fishing • City Services • Clubhouse, Pool, Tennis • Convenient To Shopping • 18 Hole PGA Golf Course • Activity groups for all ages • Waterfront Homes Sold By Boat • Community Tour Available at our website www.monticellorealtors.com We Sell Homes by Boat! Open 7 Days a Week Monticello country, realtors 2704 Lake Monticello Road • Palmyra, VA 22963 434.589.3539 • 800.225 LAKE
CAAR REAL ESTATE WEEKLY WWW.CAAR.COM starting in the $ 170s Beautiful Views | Garage Options | Terrific Amenities Condo Living within 5 minutes to Downtown!
W W W.LO R I N G W O O D R I F F.CO M . Beautiful views . Convenient location . Terrific amenities Some units include garages! 3 BEDROOM | 2 BATH | FURNISHED MODEL Inessa Telefus CELL: (434) 989.1559 OFFICE: (434) 977.4005 inessatelefus@gmail.com D I R E C T I O N S : TA K E 2 5 0 E A S T TO WA R D S PA N TO P S & TA K E A R I G H T AT T H E L I G H T O N R O L K I N R D. F O L LO W T H E R OA D B E H I N D S TA R B U C K S & TAKE A LEFT ON BEVERLY DR. FOLLOW SIGNS. Inessa Telefus CELL: (434) 989.1559 OFFICE: (434) 977.4005 inessatelefus@gmail.com THE LIGHT ON ROLKIN RD. FOLLOW THE ROAD BEHIND STARBUCKS & TAKE A LEFT ON BEVERLY DR. FOLLOW SIGNS.
W W W.LO R I N G W O O D R I F F.CO M . Beautiful views . Convenient location . Terrific amenities Some units include garages! FURNISHED MODEL
W W W.LO R I N G W O O D R I F F.CO M . Beautiful views . Convenient location . Terrific amenities Some units include garages! 3 BEDROOM | 2 BATH | FURNISHED MODEL Inessa Telefus CELL: (434) 989.1559 OFFICE: (434) 977.4005 inessatelefus@gmail.com D I R E C T I O N S : TA K E 2 5 0 E A S T TO WA R D S PA N TO P S & TA K E A R I G H T AT T H E L I G H T O N R O L K I N R D. F O L LO W T H E R OA D B E H I N D S TA R B U C K S & TAKE A LEFT ON BEVERLY DR. FOLLOW SIGNS. Inessa Telefus CELL: (434) 989.1559 OFFICE: (434) 977.4005 inessatelefus@gmail.com THE LIGHT ON ROLKIN RD. FOLLOW THE ROAD BEHIND STARBUCKS & TAKE A LEFT ON BEVERLY DR. FOLLOW SIGNS.
W W W.LO R I N G W O O D R I F F.CO M . Beautiful views . Convenient location . Terrific amenities Some units include garages! FURNISHED MODEL
3140 TURNER MTN WOOD RD Turner Mtn Wood II, Albemarle County • 4 BR, 5F/2H Baths, 4948 F/4669 UF, 4.05 Acs Private Ivy-area home offers grand 2-story LR w/walls of windows & FP; formal DR; Library w/FP; Home Office; deluxe Master Suite w/sitting area & luxury Bath. Spacious Kitchen w/Breakfast Rm, island & plentiful cabinetry/counter space. Adjoining Laundry Rm has huge walk-in Pantry, 1/2 Bath & access to over-sized 2-car Garage & covered porch to driveway. Two BRs w/walk-in closets & full Baths on 2nd Flr. Enjoy 2 Blue Stone patios w/Koi fishpond provide space for peaceful solitude or entertaining. Basement w/fin Bath & Hallway plus large unfin rooms for future living options MLS# 599815 $1,299,000
2216 Ivy Road, Suite 210 • Charlottesville, VA 22903
635 WORTHINGTON DRIVE #100 Ednam Condos, Albemarle County • 2 BR, 2.5 Baths, 2638 fsf, One-level living Prime condo location, near UVa, country club environments, medical facilities, historical sites, shopping/dining, and so much more! Spacious condo floor plan offers formal Living & Dining Rms, remodeled eat-in Kitchen w/island & Sitting/Breakfast Rm, huge adjoining walk-in Pantry & Laundry. Master Suite will delight w/multiple walk-in Closets. Both Bathrooms have been beautifully remodeled. Study/Library offers walls of built-in bookshelves & closet. Every room has wide sliding glass doors & most open to a private balconies. Two indoor garage spaces.
MLS# 597300 $895,000
Len Mailloux, CRS Associate Broker Cell: 434-981-1972 O: 434-984-7404 lenmailloux@earthlink.net • www.LenMailloux.com
Own a piece of Virginia history!
Spectacular turn of the century Victorian/Queen Anne style home located in the heart of Stanardsville. With nearly 2,500 sq ft of living space, this one of a kind treasure boasts refinished hardwood floors, 4 completely renovated bathrooms, a gourmet kitchen with quartz counter tops, and a large wrap around front porch. The dreamy master bathroom is complete with a soaking tub, glass tile shower, and a gas log fireplace. Centrally located within a short drive to many local wineries, breweries, restaurants, and the Shenandoah National Park. MLS# 599689 $374,900 18 WILLOW LANE • STANARDSVILLE
CINDY REED Your Hometown Real Estate Expert! 540.395.2167 • cinders44@gmail.com
Farmette with land to roam or have horses or cattle. No homeowner dues! One division right included in this parcel - approx 14 miles from Charlottesville on Rt. 20. Cozy Brick ranch with 11.53 acres. Cedar lined closets in 2 of the bedrooms. Several outbuildings included. New roof less than 4 years ago. MLS# 599750 $299,000
Jan Shiflett (434) 242-6057 jansellsva@gmail.com www.JanShiflett.com
5924 Seminole Trail, Ste. 104, Barboursville VA, 22923
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are ready to go, and all the legwork has already been done. We are likely to be in a low inventory situation this spring. Properties will see multiple offers in very short time spans. If a buyer isn’t prepared, she will lose out.”
“This kind of market can be very emotional and stressful. Many times, buyers haven’t looked at enough properties to understand the value and they get carried away on emotion. REALTORS® can be the voice of reason. We can tell them what has happened in the past and what is likely to happen at this price point.”
Of course, that means having all the pre-approvals in place and knowing what price range is ideal. If a buyer is from out of town, some of the early leg work is also to drive through neighborhoods and see what fits her lifestyle.
“It also means understanding what the contract will include and what happens once an offer is tendered, including the timelines involved.” Everything should be ready so that no time is wasted on tasks that could have been done in advance. “In a market that moves so quickly, a buyer needs to be able to move quickly too.”
Ince expects that if realistic pricing by sellers continues, the buyers will be prepared. “It’s clear that more buyers are ready to pull the trigger now than in the last four or five years. The robust economy, consumer confidence and amazing interest rates are all contributing to this strong market.”
Springtime is THE Time?
Local REALTORS® are nearly unanimous in their appraisal that this Spring 2020 market is a great time to buy or sell a home. That optimism echoes for the Commonwealth as well. Dr. Lisa Sturtevant, Chief Economist of Virginia REALTORS®, forecasts that home sales in Virginia will be up three percent over 2019, with the two key drivers being job growth and the growing Millennial population entering the home market.
The newly released CAAR Home Sales Report for the Fourth Quarter 2019 supports this enthusiasm. “For the second quarter in a row, there were more sales transactions in the housing market compared to last year. Albemarle and Fluvanna drove much of the sales growth this quarter. Homes sold about five days faster, on average, in the fourth quarter compared to last year, and the inventory of active listings continues to trend down at a moderate pace (-3 %).”
While local, state, and national experts forecast all of 2020 as being positive, even the best prognosticators don’t always nail their predictions. Every time period has a bit of uncertainty, and the level of confidence decreases the further into the future an economic or market forecast reaches. With the 2020 elections looming and other market factors wielding their influence, it may be worth playing the short game and going with the sure thing—this spring market. Even with historically low inventory in the CAAR footprint, the economic indicators are too good not to be in the market as a buyer or a seller. Woolfolk reiterates, “The fundamentals are so solid. Anyone thinking of selling or buying later in 2020, should consider whether they can take advantage of this energy and be a part of this great spring market.”
So, make room in the daffodils and under the dogwoods for those “For Sale” signs. We may never see a market quite like this again!
Carla Huckabee writes on real estate and health issues.
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Buy and Sell Cville Team Nominees: Candice & Bert Passionate about Helping People SELL & BUY Residential Real Estate in the Charlottesville Area. We can’t wait to connect with you & Share Some of our Best Adventures!
Passionate about Helping People SELL & BUY Residential Real Estate in the Charlottesville Area. We can’t wait to connect with you & Share Some of our Best Adventures! Candice van der Linde, Realtor @Candice_Realtor Buy and Sell Cville Team Nominees: Candice & Bert Passionate about Helping People SELL & BUY Residential Real Estate in the Charlottesville Area. We can’t wait to connect with you & Share Some of our Best Adventures! Candice van der Linde, Realtor @Candice_Realtor 3470 OLD LYNCHBURG RD MLS#597752
Historic property built in 1800 was at one time a civil war general store. Set in privacy & tranquility, this elegant estate is a rare offering w/exquisite details throughout. This classic home was expertly renovated in 1996 & now offers a distinguished residence set in the heart of 52 acres. The interior boasts unparalleled features from the expansive porches, architectural antique beams & vaulted ceilings, 5 stone fireplaces, handsome moldings & 4 floors of finished space. Exterior appointments include an enormous bluestone courtyard, private hot tub & sauna tucked away overlooking a stream. Dependencies include a charming guest house built as a music studio, an indoor tennis facility/gym which could also be used by a car enthusiast.
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480 Panorama Rd MLS# 597379 $285,000 You can’t beat the cul-de-sac location of this recently renovated townhome in convenient River Run. Step inside to an open floorplan which features a living room with a fireplace & built-in shelving, dining room, gourmet kitchen with white cabinets, quartz counters & stainless steel appliances plus a den & half bath. Upstairs offers 2 large bedrooms with full baths, cathedral ceilings & ceiling fans. The mostly finished basement offers a large bonus room that could be a family room,bedroom, exercise room along with a full bath, laundry room & outside entrance. 1264 Chatham Ridge
Cape Cod on convenient Panorama Road just minutes from the CHO airport, shopping, schools & Charlottesville. This home offers 4 bedrooms, 2 full baths, living & dining rooms, a vintage kitchen, office/bonus room & a sun room along with a full basement with an exercise/small rec room. The setting of this classic home offers privacy with a little over 2 level acres at the end of Panorama Rd. Detached 2 car garage with walk up stairs for ample storage or future livings pace expansion. Huge walk in attic in the home for more storage or get creative on adding more living space. Screened gazebo, cozy front porch or back terrace Mature boxwoods & trees surround the home.
MLS 596823 $ 4 5 9 , 0 0 0
9601 Old Green Mountain Road
Charming cabin on 62 acres near the confluence of the James & Rockfish Rivers. Located an easy 30-35 minute drive from Charlottesville with beautiful Central VA scenery along the way. Built in 2016 from the skeleton of a 1902 tobacco barn, the cabin features a loft bedroom, bright open floorplan, modern amenities & a wood stove. The land is a wonderful combination of open field & woodland with a vineyard/ agricultural Southern exposure. Nearby attractions include hunting & hiking on the property,nearbyboating,fishing,wine tasting & baby goat snuggling! Perfect for a weekend getaway, Air BnB or retirement!
MLS 593798 $425,000
558 Worthington Drive
Townhouse in Ednam. Spacious living room with fireplace, large Master Bedroom, attached Full Bath and sunny east facing Kitchen. Finished Basement with large Family Room and fireplace, in home office, Bedroom and attached Bath. Basement leads outside to a patio and private landscaped backyard with mature trees and bushes. Attached one car garage with interior entrance into foyer and kitchen. Close to the University, Downtown C’ville, and great shops and restaurants.Elegant and convenient living with all the amenities. MLS 595289 $504,000
1600 Cambridge Circle
Adorable, updated City cottage in the Venable School District. First floor living with additional space in the basement for a laundry room, play area, TV room, etc. The home features an open living/ dining/kitchen area along with a first floor Owners Suite/bath, 2 bedrooms & a hall bath. Private deck, backyard play area, fire pit & walkout basement with storage & more usable living space. Very close to the UVA Hospital, Greenleaf & McIntire Parks, the new skate park & the John Warner Parkway/Rivanna River Trail. MLS 599366 $460,000 OPEN HOUSE 12-2 Sunday 2/23
2376 Courthouse Rd
Located just 20 minutes east of Pantops Mountain in Charlottesville, this beautiful farm offers wooded privacy, verdant pasture, abundant year round water for feeding & irrigation, large barn & equipment shed, paddocks, 16’x40’ salt water pool, solar panels, fenced garden and orchard area as well as many updates in the home. With The new siding, sun porch, new windows & sills, new solatubes, vaulted living/dining room drenched in light, rock fireplace, new flooring, upgraded cabinet drawers, painted Italian tile, huge kitchen with island, new appliances, generator......this property is a must see. Close to Interstate 64, minutes from the Townof Louisa, Lake Anna & Richmond. MLS 588017 $ 8 9 5 , 0 0 0
2250 Brandywine Drive
Classic design, MOVE-IN ready home in the established city neighborhood of Greenbrier. Quiet, city living in total privacy on a great corner lot. Immaculate home featuring beautiful hardwood flooring, updated kitchen with stainless appliances, 3 remodeled full baths, 4 bedrooms, living, dining & rec rooms plus a one car garage & storage area. Walkout basement to the level yard with an invisible fence, patio & large deck. Newer architectural roof & dual fuel, HVAC system.
MLS 595893 $449,000
21 Courtenay Glen Way
The Farms at Turkey Run are a unique enclave of 40 private country estates within an 800 acre haven surrounded by 5000 acres of protected rural area that is Mount Ida Reserve. With spectacular views of the Blue Ridge Mountains, streams, ponds, rolling pasture and wooded areas, This 21 acre lot features rolling pastures. The property is partially fenced with 3 board fencing.
MLS 526219 $205,000
RUCKERSVILLE 1531 FREDERICKSBURG RD - A picture is worth a thousand word. This one speaks volumes! Wynston, a 32.4 acre estate situated approximately 20 miles north of Charlottesville in the heart of the Piedmont Valley. On a pristine parcel of gently rolling countryside and panoramic vistas of Blue Ridge Mountains. Custom built to the highest standards! From the gracious entrance foyer to the towering cathedral ceilings of the living room, or the cozy office/parlor, craftsmanship is evident and no detail was compromised. The large light filled kitchen and gathering area boasts gorgeous North/westerly views over the property. Just when you think it can’t get any better, exit to the rear slate patio where the views are awe inspiring. An entertainers dream! MLS#598150, $2,100,000
STANARDSVILLE 48 YATES CIRCLE - Welcome to Octonia Highlands! New construction now finished and ready for you. Nestled at the foot of the Blue Ridge Mountains in the beautifulSouth River Valley where nature and community are a lifestyle. Now offering quality built and upgraded designed homes for every style of living. Offering 5 models tochoose from with abilities to customize, or you can choose a home site to build your perfect custom home. Come out and see why Octonia Highlands is more than aneighborhood. More convenient than you may think! Less than 5 minutes to the quaint town of Stanardsville and schools, less than 25 minutes to NorthernCharlottesville. Builder offering a $5,000.00 incentive through to March 31, 2020. MLS#599976, $489,900
Matthew Woodson
Call Matthew to discover his expertise in both residential homes and land in our area of Virginia. His commitment to both sellers and buyers goes beyond the level of expected service.
MatthewWoodsonVa@gmail.com www.matthewwoodsonproperties.com 434-960-5187 Direct | 434-985-2348 Office main line
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