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VOL. 29 NO. 31 n AUGUST 5 - AUGUST 11, 2020
A P U B L I C AT I O N O F T H E C H A R L O T T E S V I L L E A R E A A S S O C I AT I O N O F R E A LT O R S ®
A PUBLICATION OF THE CHARLOTTESVILLE AREA ASSOCIATION OF REALTORS® Charlottesville, Albemarle, Fluvanna, Greene, Louisa, Madison, Nelson, Orange, Augusta
Staunton: Music, Theater, History and Classic Cars BY KEN WILSON
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AUGUST 5 - AUGUST 11, 2020 ISSUE 2931
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EAN FAULCONER INC. MCLFarm, Estate and Residential Brokers EDNAM
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80+ acres of rolling Piedmont, VA countryside with Blue Ridge Mountain views. Ideal family compound or retreat convenient to Charlottesville and UVA. The property is bounded by long frontage on the Mechum River. MLS#601958 $4,650,000 Steve McLean, 434.981.1863
Sophisticated living just seconds from amenities and conveniences of Charlottesville and University of Virginia. Brick residence has gracious main level with inviting entrance hall, large living room with fireplace and dining room, gourmet kitchen with sitting/breakfast area, master bedroom/bathroom with dressing/closet area, second bedroom with bath, garage, and rear patio. Lower level has large room, bath, and office space. Timeless details such as wood floors, architectural detailing, and custom cabinetry. MLS#606719 $975,000 Charlotte Dammann, 434.981.1250
KESWICK COUNTRY CLUB
Bordering (Full Cry)Pete Dye golf course and lake, within grounds of Keswick Hall, 5-star luxury resort, is this magnificent 5-bedroom residence constructed of the finest materials and craftsmanship with attention to every detail. MLS#603398 $4,200,000 Jim Faulconer,434.981.0076
INGLECRESS
Tucked on a private 4+ acre wooded, secluded lot minutes west of town is this stunning Jay Dalgliesh designed 3-bedroom, 4-bath home with 3 fireplaces, decks, screened porch, and loads of charm and appeal. MLS#600218 $875,000 Steve McLean, 434.981.1863
LOCUST HILL
Winning combination of history, charming residence with guest cottage, & premier location in Ivy! C. 1766 cabin was the birthplace of the explorer Meriwether Lewis. Many historic architectural details. Privately sited on 2.34 acres MLS#600869 $1,395,000 C. Dammann, 434.981.1250 www.LocustHillVa.com
THE ROCKS
Designed by local architect Richard Funk and built on a lot that provides privacy and gorgeous Blue Ridge Mountain views. 6 bedrooms, including first floor master, 5.5 baths. Many unique features and ample storage. MLS#601178 $1,285,000 Steve McLean, 434.981.1863
ROSEMONT
Attractive, 5-bedroom custom brick home on 8 private acres in Ivy. Professional kitchen, great room with stone fireplace, exercise room, media room, and wine cellar. Screened porch, pond frontage, and Blue Ridge Mountain views. MLS#600453 $1,465,000 Steve McLean, 434.981.1863
AVENTADOR
Magnificent Georgian home with over 10,000 finished square feet, 6 bedrooms, 6 full and 2 half baths, main-level master, eat-in kitchen. Guest home and 296+ acres with panoramic pastoral and mountain views. MLS#602894 $4,750,000 Jim Faulconer, 434.981.0076
CAAR REAL ESTATE WEEKLY WWW.CAAR.COM
GARTHFIELD LANE
Completely renovated! Impeccable condition! Western schools! 3.74 acres 5 minutes to Barracks Road Shopping Center and UVA. Quality features throughout: new kitchen, hardwood floors throughout, two master bedroom suites (very large main level suite), lovely paneled family room with raised hearth brick fireplace, large screened porch off kitchen, large bonus room over 2-car garage, 20KW generator. Quiet pastoral setting, level open land for recreation, creek, borders large horse farm under conservation easement. NO HOA. MLS#605283 $945,000 Jim Faulconer, 434.981.0076
VERULAM FARM
Landmark estate just west of UVA on 500 acres. Classic home of the highest standards with elegant spaces, 5 BR suites, formal gardens, pool, cottage, event barn, and bold mountain views all create a one-of-a-kind offering. MLS#597954 Andrew Middleditch, 434.981.1410
503 Faulconer Drive| Charlottesville | VA 22903 | office: 434.295.1131 | email: homes@mcleanfaulconer.com
WWW.MCLEANFAULCONER.COM
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RED FOX LANE
Enjoy mountain views of the historic Southwest Mountains from this livable four-bedroom residence on six private acres. Convenient and quick to Pantops, Historic Downtown Mall, and UVA. MLS#594327 $849,000 Charlotte Dammann, 434.981.1250
BLUE RIDGE MOUNTAIN VIEWS
RIVER LAWN
Delightful combination of wood and pasture land with a spectacular bluff for a building site overlooking the James River. Property is under easement with the Virginia Outdoors Foundation. MLS#569753 $745,000 Steve McLean, 434.981.1863
MEADOW HILL FARM
15 miles west of UVA. 6-bedroom 5.5-bath, guest cottage, attractive modern interior improvements, open country kitchen, rich pine flooring, high ceilings all levels. 13 acres open pasture, views of rolling Piedmont countryside. MLS#595248 $1,950,000 Mark Mascotte, 434.825.8610
BELLAIR
Beautifully constructed, c. 1953 brick home on private 1-acre lot in desirable Bellair and Liberty Hills. Beautiful mature landscaping surrounds the home. Convenient, close-in location minutes west of the city limits. More acreage available. MLS#601140 $685,000 Steve McLean, 434.981.1863
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248-acre Albemarle County property convenient to Charlottesville. Gently rolling land with streams, pasture woods, and immense privacy. Numerous building sites with charming, c. 1860, 3-bedroom 2-bath farmhouse. MLS#584740 $1,850,000 Steve McLean, 434.981.1863
WARREN MILL
Renovated mill, c. 1792, modernized into dramatic 5-BR, 3.5-BA, post-and-beam residence, plus 2-BR cottage. Beautiful, private setting on 11.71 acres, dam w/spectacular waterfall near James River. Lovely historic details. 25 minutes to Charlottesville. MLS#602274 $975,000 Jim Faulconer 434.981.0076
AUGUST 5 - AUGUST 11, 2020 ISSUE 2931
EAN FAULCONER INC. MCLFarm, Estate and Residential Brokers
RED HILL
Historical c. 1835 Antebellum-era brick home on 35 acres. Wonderful Blue Ridge Mountain views. Convenient to Rt. 151 wineries, breweries, restaurants, Wintergreen, and Charlottesville. MLS#600498 $485,000 Steve McLean, 434.981.1863
SUNNYSIDE
Remarkably large parcel located convenient to Charlottesville and UVA. Exceptional Blue Ridge views, charming farm house (in need of restoration). Under VOF easement but with divisions into already predetermined parcels. MLS#585228 $4,400,000 Steve McLean, 434.981.1863
CLASSIC ARCHITECTURE
Built and designed in 1978 by Henry Browne, this superb home features lovely architectural detail and fine craftsmanship. 3 large en-suite bedrooms, fourth bedroom, bath, large rooms, and heart pine floors. Recently renovated on 2 private acres. MLS#602854 $779,000 Jim Faulconer, 434.981.0076
EDNAM FOREST
Wonderfully large 1.5+ acre building lot in Ednam Forest. Build your dream home on this elevated, wooded lot located in a single family community, minutes from UVA and within walking distance to Boar’s Head Resort. MLS#598537 $289,500 Steve McLean, 434.981.1863
503 Faulconer Drive| Charlottesville | VA 22903 | office: 434.295.1131 | email: homes@mcleanfaulconer.com
WWW.MCLEANFAULCONER.COM
CAAR REAL ESTATE WEEKLY WWW.CAAR.COM
LAKE ALBEMARLE ROAD
Great 2+ acre residential building lot in Western Albemarle. The lot is partly wooded with an ideal, elevated homesite location. Meriwether Lewis School District! MLS#598534 $98,500 Steve McLean, 434.981.1863
MILTON VILLAGE
21-acre lot located just minutes east of town. Level building site with well, soils tested for drain field. Lot is fenced with 4-board along the road frontage. Creek, small pond and automatic waterers. Public Rivanna River access only half mile away. MLS#586469 $375,000 Mark Mascotte, 434.825.8610
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CAAR REAL ESTATE WEEKLY
NEWS & VIEWS
CAAR REAL ESTATE WEEKLY WWW.CAAR.COM
NEWS & VIEWS
Local Real Estate News REALTOR® Francesca San Giorgio Honored with CAAR First 2020 Good Neighbor Award The Charlottesville Area Association of REALTORS® (CAAR) has announced Francesca San Giorgio, REALTOR® with Four Seasons Realty 1, LLC., as the recipient of the CAAR First 2020 Good Neighbor Award (GNA), sponsored by Hal Johnson of Guaranteed Rate. The Good Neighbor Award program highlights local REALTORS® who dedicate significant time and interest to projects that make a lasting impact on our communities. San Giorgio has been volunteering with Nelson County Pantry, an organization that feeds people who are struggling to put food on their table each month, for five plus years. “Our pantry serves about 225-250 families per month,” said Marian Dixon, Director of the Nelson County Pantry. “Francesca is bright and cheery, and hardworking and we have been very fortunate to have her.” A $500 donation was made to the Nelson County Pantry in San Giorgio’s name. About CAAR: The Charlottesville Area Association of REALTORS® serves more than 1,300 real estate professionals and affiliate members throughout the City of Charlottesville and the counties of Albemarle, Fluvanna, Greene, Louisa, and Nelson. Widely recognized as the leading voice for real estate in Central Virginia since 1925, CAAR members bring professionalism and high ethical standards to every business transaction. The Association advocates for the protection of private property rights and provides tools and technology for members to achieve expertise in serving the needs of customers and clients. The CAAR membership is committed to enriching the region’s
(left to right): Left to right: CAAR First 2020 Good Neighbor Award recipient Francesca San Giorgio; CAAR 2020 President Tom Woolfolk; and Nelson County Pantry Director Marian Dixon.
neighborhoods by engaging in a variety of educational programs as well as community service events each year. NOTE: The term REALTOR® is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and subscribes to its strict Code of Ethics.
TJPDC and Regional Housing Partnership Announces Rental and Mortgage Relief Program for RegionTen The Thomas Jefferson Planning District Commission (TJPDC) and the Central Virginia Regional Housing Partnership and their community partners have launched an emergency mortgage and rental assistance program that is expected to keep over 1,000 families in their homes within the TJPDC’s Region Ten, which includes the City of Charlottesville and the Counties of Albemarle, Fluvanna, Greene, Louisa and Nelson. The COVID-19 Emergency Rent and Mortgage Relief Program (RMRP) is a partnership with the Virginia Department of Housing and Community Development. Federal CARES Act funding, in excess of $450,000, will initiate the program, with up to $2.2 million available as demands are met. The program will make rent and mortgage payments that are in arrears for eligible individuals or families who have experienced a loss of income due to COVID-19. Area partners include the City of Charlottesville, United Way of Greater Charlottesville, Monticello Area Community Action Agency, and Nelson County Community Development Foundation.
What’s Happening Around Town? BAMA Works Fund Supports The BridgeLine Dave Matthews Band, is enabling music therapy to help adults with disabilities in this community recover from--and adapt to---their brain injuries. It is fitting that the successful Charlottesville music group is able to directly support residents through music. BAMA Works Fund of Dave Matthews Band, overseen by the Charlottesville Area Community Foundation, renewed its support for the local nonprofit, The BridgeLine. The gift will provide music therapy service for program participants. The BridgeLine is a local nonprofit that enriches the lives of adults with brain injuries living in central Virginia. They provide many services to help adults recover from brain injuries including music and art therapy. The BridgeLine and its members are so grateful for all of the support they receive from the community and from the BAMA Works Fund of Dave Matthews Band: Everyone that supports the BridgeLine, I thank you from the bottom of my heart. Without it I would be lonely and lost. Marques D., Charlottesville resident and member of The BridgeLine.
JAUNT, INC. and Greene County Transit Announce Transition of Service Effective July 1, 2020, Greene County transferred all on-going responsibilities and obligations for operating Greene County Transit to Jaunt, Inc. including service operations, human resource management, public outreach and engagement, grant management, asset management and financial responsibility. This transition of service represents an opportunity for Greene County to become part of a successful regional transit enterprise. With over 44 years of intentional growth and service evolution, Jaunt brings tremendous resources and experience, which will be instrumental in helping Greene County achieve a more regional approach to transit service. At this time there are no plans for service changes or expansion to Greene County Transit’s current offering. However, in the coming months, following a successful transition, the two entities will begin to strategize on how to proceed with the planning of service changes and/or new services. This transition also provides Greene County Transit employees the benefits that Jaunt employees currently enjoy. Jaunt believes strongly in empowering staff and providing ample professional development opportunities. Increased efficiencies realized by a workforce that is encouraged to think creatively, grow professionally, and implement innovative ideas have produced operational savings that were invested back into pay increases for Jaunt employees. In fact, over the past three years, 30 percent of funding for wage increases for Jaunt employees came from improved efficiencies.
“I’m thrilled with the opportunities this transition presents,” said Jaunt CEO Brad Sheffield. “With Greene County Transit’s strong identity, history, and commitment to their community, I am confident that together we will do great things for our region.” Jaunt has been actively working with Greene County and Green County Transit for the past several months to ensure a successful transition of operations. All existing services provided by Greene County Transit will continue to be provided, there will be no immediate change to any aspects of the service offered. The Green County Board of Supervisors will receive quarterly updates from Jaunt to ensure the County remains engaged and aware of planning and development of transit services to the residents of Greene County. Jaunt, Inc. is Central Virginia’s regional public transit system, connecting people to their community. Jaunt delivers convenient and reliable service with its demand response and commuter routes, all through the use of current technology and a customer-focused approach. Jaunt is a public service corporation, owned by the region’s six local governments, and operating with financial assistance from community partnerships, federal and state transit grants, and local government funding support. Jaunt service area includes the City of Charlottesville and Albemarle, Buckingham, Greene, Louisa, Fluvanna, and Nelson counties
Live Arts Announces: IN THE HEIGHTS Moves Online The Live Arts Teen Theater Ensemble has been hard at work this summer, under the guidance of guest director Rebecca Aparicio and musical director Michael Salvatierra, to share the Tony Award-winning musical IN THE HEIGHTS with audiences in Charlottesville and beyond. Audience members can safely experience this joyful eruption of music and dance from their homes during a special four-night run, August 13-16, 2020 at 7 p.m.
The Story Before the smash hit HAMILTON, audiences fell in love with Lin-Manuel Miranda’s ebullient musical IN THE
Hoofin’ It for Horses: Hope’s Legacy Rescue 5K Trail run
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2020 Freefall Music Festival canceled, other community programming still happening Due to the COVID-19 pandemic, WTJU 91.1 FM and IX Art Park have decided to cancel Charlottesville’s 2020 Freefall Music & Art Festival, originally scheduled for August 29 through October 3. Throughout the fall, IX Art Park will program socially distanced outdoor concerts, arts events, and farmers markets, in compliance with current Virginia executive orders. IX’s current schedule is online at IXArtPark.org. In addition, the Charlottesville-Albemarle Black Business Expo will be held in virtual format at BlackBusinessExpo. org on Saturday, September 26. Since its inception in 2017, the Black Business Expo has been part of Freefall. “An evening at Freefall usually makes for warm, cozy feelings—kids playing, melodies floating, lights coming on as the sun fades, and our community coming together. But Freefall concerts draw thousands of attendees to these free concerts, and there’s simply no safe way to do that during this pandemic,” said Nathan Moore, general manager of WTJU 91.1 FM. Donations to IX Art Park and WTJU are warmly encouraged to keep Charlottesville’s music scene alive through the pandemic. IX Art Park has been especially hard hit by COVID-19 closures. Donate at IXArtPark.org and WTJU.net, respectively. WTJU 91.1 FM has been part of the University of Virginia since its first broadcast in 1957. WTJU is a community radio station that enriches the culture of Virginia, extends the educational mission of UVA, and brings people together through music and conversation. IX Art Park is a walk-through sculptural, mural-festooned destination made for spontaneous dreaming and collective creativity. Now featuring The Looking Glass, a one-of-a-kind interactive museum. IX Art Park is located at 522 2nd Street SE in Charlottesville, Virginia.
Got News? Send your newsworthy submisssions to editor@caarrew.com No PDFs please only text files will be considered.
Beautiful 39 Acre Roanoke Estate 6505 & 6453 Winter Dr, Boones Mill, VA (Roanoke Co.)
Incredible 39 acre estate in the beautiful rolling hills of Roanoke offering two great homes, horse facilities, pond, scenic stream, privacy, and convenience. • Main Home: 3,558 sq.ft., 4BR, 3BA main home with 2-car garage • Newly renovated kitchen w/ custom cabinets and large center island • Formal living and dining rooms and 3 fireplaces • Relaxing sunroom overlooking the pond • In-ground pool with flagstone patio and extensive mature landscaping • 1,920 sq.ft., 3BR, 2BA guest home w/ 1-car garage • Can be sold off with 5 acres for $200,000. Contact agent for details. • Modern equestrian facilities including 12-stall barn with indoor ring, 95’x 206’ outdoor arena, 3 run-in sheds, and 5 paddocks totaling over 10 acres AGENT ON SITE: Sun 7/19 from 1-3PM • Sun 7/26 from 1-3PM • Wed 7/29 from 12-2PM • Sun 8/2 from 1-3PM • Tue 8/4 from 4-6PM • or by appointment DIRECTIONS: From Roanoke, take US-220S 7mi to RIGHT on Winter Dr. After crossing creek, turn right and proceed to main home.. Terms: 10% deposit. 30 day closing. 5% buyer’s premium.
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Torrence, Read, & Forehand
TRFAuctions.com 434-847-7741 101 Annjo Court, Forest, VA 24551 | VAAF501
AUCTION Thurs, Aug.13 at 12:30PM
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Charlottesville Office Building 3926 Seminole Trail, Charlottesville, VA
20,202 sq.ft. class A multipurpose building on 6.3 acres on US-29. Previously home to American National University’s Charlottesville campus, the building offers classrooms, offices, conference rooms, lounge, fire suppression system, irrigation system, security system, and elevator. Bid live, online, or by phone. • Property Type: Commercial Office, 2-story • Construction: steel frame, brick veneer, membrane roof • Year Built: 2012 • Zoning: Light Industry • Acreage: 6.34 acres • Traffic Count: 38,000 VPD • Utilities: Public water, sewer, and electric • Power: 600 amp 3 phase • Elevator: ADA accessible, 2500 lb, 15 person. AGENT ON SITE: To be announced. Tours available by appointment. DIR: From C’ville, US-29N 9mi to u-turn at UVA Research Park to building on right.
Terms: 10% deposit. 30 day closing. 5% buyer’s premium.
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Torrence, Read, & Forehand
TRFAuctions.com 434-847-7741 101 Annjo Court, Forest, VA 24551 | VAAF501
CAAR REAL ESTATE WEEKLY WWW.CAAR.COM
Hope’s Legacy Equine Rescue has rescheduled its 3rd Annual Hoofin’ It for Horses 5K Trail Run for this fall! This time, we are offering runners three different ways to participate: Either Virtually, at your convenience, at your own location! By appointment, where you can choose a specific time slot to come out and run our 5K Trail, either by yourself, or with a group of people you feel safe running with. Or, on race day, Sunday, October 4th at Castle Rock Farm! You’ll feel great, because not only will you get a great workout, but your participation directly helps the horses and donkeys in our care. Since 2008 Hope’s Legacy has rescued, rehabilitated and adopted out over 300 equines, and the need for our services continues to increase. You can be a big help to this cause by Hoofin it Your Way! The race is open to all ages and fitness levels, and subject to COVID-19 guidelines. Full details are at the Hope’s Legacy website, www.hopeslegacy.com/hoofinit, and on RunSignUp. If you’re not into running, join us that same day, Sunday, October 4th, for our free outdoor Open House at Castle Rock
REAL ESTATE
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NEWS & VIEWS
Ticket Information Patrons can purchase a ticket for virtual performances of IN THE HEIGHTS for a suggested price of $15, or on a PayWhat-You-Can basis. Performances will take place August 13-16, 2020 at 7p.m. Tickets can be purchased through the Live Arts Box Office online at livearts. org or by phone at (434)-977-4177 x123. Ticket holders will receive further directions for attending their chosen performance from home by accessing the private Zoom webinar hosted by Live Arts. About Live Arts: Live Arts is a nonprofit community theater in Downtown Charlottesville, powered by over 1,200 volunteers. Founded in 1990, Live Arts is celebrating 30 years of forging theater and community. Live Arts is supported in part by a grant from the Virginia Commission for the Arts and the National Endowment for the Arts, and by the financial support of hundreds of theater lovers in our community..
Farm! From 11 a.m. to 3 p.m. there will be lots to do! Enjoy food, a self-guided Farm Tour, vendors, a tack sale, and have fun meeting our rescue animals. All proceeds benefit the horses and donkeys at Hope’s Legacy. Visit www.hopeslegacy.com for full Hoofin’ It details! And thank you for your community support!
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HEIGHTS, a tribute to the vibrant, tightknit Latinx community on the brink of change. Nina has returned to the neighborhood after her first year at college with startling news for her parents, who have spent their life savings to ensure a better life for their daughter. Meanwhile, Nina’s friend Usnavi runs a bodega, tends to the neighborhood Abuela, and dreams of winning the lottery so he can return to his homeland in the Dominican Republic. When a power outage leaves the neighborhood sweltering in the summer heat, the folks of Washington Heights explore the joy and heartbreak of calling their neighborhood home. With a dynamic score featuring hip-hop, salsa, merengue and soul, IN THE HEIGHTS invites audiences to celebrate love and life in this delightful summer musical.
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CAAR Homes Sales Report 2nd Quarter 2020 Market Report Key Takeaways Economic Conditions • Like the rest of the Commonwealth, the Charlottesville region was hit hard by job losses during the spring. However, there is evidence that the regional economy is improving as we head into summer. • Consumer confidence in the economy rebounded, after plummeting in March and April. Expectations about future economic conditions have been improving over the past two months. • Record low mortgage rates have driven a refinance boom and have helped sustain the for-sale market during the COVID19 pandemic and economic downturn. Low rates will continue throughout 2020 and into 2021.
REAL ESTATE NEWS
Housing Market Conditions • Sales activity slowed in the CAAR housing market this quarter as COVID-19 uncertainty continued through the spring months. There were 1,181 sales throughout the CAAR footprint in the 2nd quarter, which is 217 fewer sales than a year ago, a 16% drop. • Despite the slowdown in sales, home prices continue to climb in the region. At $331,500, the 2nd quarter median sales price in the CAAR housing market rose 4% from last year. • The shrinking inventory trends have accelerated in the CAAR footprint amid the on-going pandemic. Similar trends are occurring throughout the State. There were 1,198 active listings at the end of the 2nd quarter in the CAAR market, 592 fewer active listings than last year, a 33% plunge.
Key Trends Dashboard, CAAR Economy
CAAR REAL ESTATE WEEKLY WWW.CAAR.COM
• 8.2% | Is the May-2020 unemployment rate in the CAAR footprint, which is down from Apr-2020 • 3.07% | Is the 30-year fixed-rate mortgage rate during the 1st week of July 2020, which is down 0.45 percentage points from a year ago Housing Market • -217 |Fewer home sales in the CAAR footprint in Q2-2020 compared to last year • 4% | Percent change in median sales price in the CAAR region in Q2-2020 compared to a year ago • -$62| Million dollars more in total sold volume in the CAAR footprint in Q2-2020 compared to last year • -33% | Percent change in active listings in the CAAR footprint at the end of Q2-2020 compared to a year ago
• 3.3| Months of supply in the CAAR footprint in Q2-2020, which is down from a year ago
Economic Overview The COVID-19 outbreak led to an unprecedented economic downturn in both the U.S. and in Virginia. However, there is evidence that the economy has reached a turning point, and conditions should be improving over time. Nationally, the economy lost 22 million jobs in March and April. In May and June, however, the U.S. economy added 7.5 million jobs. Virginia also shed hundreds of thousands of jobs in March and April. However, in May, the State added 19,800 jobs. Like the rest of the Commonwealth, the Charlottesville region was hit hard by job losses during the spring. However, there is evidence that the regional
economy is improving. In May, the unemployment rate in the Charlottesville area was 8.2%, higher than the 2019 average, but below the unemployment rate in April and lower than both the U.S. and Virginia unemployment rates. New residential construction activity slowed in the 1st part of 2020 as economic conditions weakened. In May 2020, there were 67 permits issued for new residential housing units in the Charlottesville metropolitan area, which is down 36% from May 2019. Over the 1st 5 months of 2020, there were 344 permits issued for new residential units, a pace that is off by about 21% compared to 2019. More than 80% of these new residential permits were for single-family homes, and less than 20% were for townhomes and units in multifamily buildings (both rental and condominium). Consumer confidence rebounded in June, although individuals and families were still feeling uncertain about economic conditions during most of the 2nd quarter. Among residents of the South Atlantic region of the U.S., which includes Virginia, the measure of confidence in current economic conditions was 103.3 in June, up strongly from April and May, though still significantly lower than the level earlier this year. The
measure of consumers’ confidence in future economic conditions rose to 110 in June, indicating growing confidence in where the economy is heading. A consumer confidence measure above 100 indicates consumers are feeling more optimistic about economic conditions. Throughout the spring and into the summer, mortgage rates have fallen to record lows. In the week ending July 4th, the average 30-year fixed-rate mortgage rate fell to 3.07%, down from 3.18% a month earlier and down from 3.75% a year ago. Record low mortgage rates have driven a refinance boom and have helped sustain the for-sale market. Mortgage rates should remain low throughout 2020 and 2021, which will help support the recovery of the State’s housing market.
Housing Market Overview The typically busy spring market in the CAAR footprint was slower this quarter compared to prior years. Market uncertainty associated with COVID-19 is keeping many would-be sellers from listing their homes, which is limiting the options available for buyers who are still active in the market. Some buyers could also be waiting to see if economic conditions improve, though historically low interest rates will help to keep financing attractive. While sales at the regional level declined in all 3 months of the quarter (April, May, and June) compared to the prior year, the rate of decline moderated somewhat in June, and some local markets, such as Fluvanna and Louisa counties, had sales growth in June, a signal that market activity will be trending back up in the summer in some local areas. The inventory of active listings has been shrinking consistently over the past 5 years in the CAAR region, but the current pandemic has accelerated this trend, and active listings fell sharply this quarter. The tight supply of homes continues to put upward pressure on home prices in the region.
Sales Sales activity in the CAAR housing market slowed down considerably in the 2nd quarter. There were 1,181 sales across the CAAR footprint in April, May, and June, which is 217 fewer transactions than a year ago, a 16% drop. This is by far the sharpest decline in sales activity in the region in more than 4 years and reflects the uncertainty in the market from COVID-19. Similar trends are occurring in other parts of the state. The overall sales numbers for Virginia declined 10% in the 2nd quarter compared to last year.
Sales Prices Despite the slowdown in sales activity, home prices continue to climb in the CAAR region. At $331,500, the 2nd quarter median sales price rose 4% from last year, a gain of $13,500. The median sales price in the region has increased for 5 consecutive quarters. The rising prices reflect the shrinking inventory of active listings that are available to buyers in the local markets. Similar upward price trends are occurring throughout the State. The median sales price in Virginia rose 2% in the 2nd quarter compared to last year.
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Farm, Estate and Residential Brokers 503 Faulconer Drive ∙ Charlottesville ∙ VA ∙ 22903
MALLARD LAKE DRIVE
AMAZING VALUE! Waterfront, contemporary home, set on 11 acres. First floor master suite. Beautiful stone fireplace and vaulted ceilings. Wonderfully updated kitchen. Unique wine cellar and tasting room. Expansive deck and terraces as well as an oversized garage. Full terrace level. Xfinity to be installed in August. $579,000
AUGUST 5 - AUGUST 11, 2020 ISSUE 2931
EAN FAULCONER INC. MCLFarm, Estate and Residential Brokers
LYONS COURT LANE
Sold Volume
Days on Market It took slightly longer to sell homes, on average, in the CAAR housing market this quarter. The average days on market in the 2nd quarter was 56 days, 2 days longer than a year ago. Prior to this uptick, homes had been selling faster, on average, in the region for 3 straight quarters. At the State level, homes sold in 40 days, on average, during the 2nd quarter, which is 3 days faster than a year ago. .
Inventory
About VR The Virginia REALTORS® (VR) association is the largest professional trade association in Virginia, representing nearly 34,000 REALTORS® engaged in the residential and commercial real estate business. The Virginia REALTORS® association serves as the advocate for homeownership and private property rights and represents the interests of real estate professionals and property owners in the Commonwealth of Virginia.
CALL SHARON
Over 25 years of Real Estate experience. email: callsharon.today@yahoo.com cell: 434.981.7200 WWW.MCLEANFAULCONER.COM
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About CAAR The Charlottesville Area Association of REALTORS® (CAAR) represents more than 1,300 real estate professionals in Charlottesville and Albemarle and the surrounding areas of Fluvanna, Greene, Louisa, and Nelson counties. If you have a question about today’s market, contact a REALTOR® today using mycaar.com for residential properties and cvcmls.com for commercial properties. NOTE: The term REALTOR® is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® and subscribes to its strict Code of Ethics.
S
ited on a lush 5.2-acre lot in Persimmon Hill, this sweet little 2 BR, 2 BA home is very private and ready to move in! Built in a contemporary style with an open floor plan, it has a vaulted ceiling, one bedroom and bath on the first floor and a spacious loft and bath on the second floor. There is a sizeable storage building that could be used as an office or bonus room as well. Close to Crabtree Falls, the AT and a short drive over to Nellysford and all of the “Nelson 151” breweries, wineries, cideries and shopping. And Wintergreen Resort is just 15 minutes away! $209,000
(434) 361-2440 www.MountainAreaRealty.com 2788 Rockfish Valley Highway • Nellysford, VA 22958
CAAR REAL ESTATE WEEKLY WWW.CAAR.COM
While the full impact of COVID-19 on the local housing market continues to be monitored, the direct impact on the inventory is already quite evident. Housing markets throughout the Commonwealth experienced dramatic declines in active listings over the past several months as more would-be sellers continue to wait to see how the market responds to the pandemic. At the end of the 2nd quarter, there were an estimated 1,198 active listings on the market in the CAAR footprint, which is 592 fewer active listings than there was at the same time last year, a 33% drop. The supply in the CAAR housing market had already been shrinking steadily for the past several years, but COVID-19 has accelerated the inventory decline. The tight market supply is likely constraining sales activity in some local areas and continues to put upward pressure on home prices in the region. The supply declines accelerated in many parts of the State, as well. The overall inventory of active listings in Virginia at the end of the 2nd quarter was 39% lower than it was a year ago. There was approximately 3.3 months of supply at the end of the 2nd quarter in the CAAR area, down from 4.9 months
last year. This is the largest supply drop in the CAAR footprint in nearly 5 years. The months of supply is calculated by taking the average monthly sales over the preceding 12-month period and dividing it by the inventory of active listings. In most housing markets, a supply below 6 months tends to favor sellers rather than buyers.
REAL ESTATE NEWS
Even with rising home prices, the slowdown in sales led to a lower sold dollar volume in the CAAR housing market this quarter. There was approximately $481 million in sold volume in the region during the 2nd quarter, down by about $62 million compared to a year ago, representing an 11% drop. This is the 1st decrease in sold volume in the CAAR housing market since the winter of 2019, and the largest volume decline in more than 5 years.
Two story, stately brick home in North Downtown. In immaculate condition. Set on a quiet street and an easy walk to downtown. Features include; hardwood floors, recently updated kitchen, sunroom and full unfinished basement. Gracious living room with masonry fireplace and built-in bookcases. Terrific backyard with small detached garage/storage shed. $650,000
women’s college now gone co-ed), a museum devoted to frontier culture and another to our 28th president, Staunton has long been a thoughtful and well-educated city. With its world-class Shakespearean troupe, plus a chamber music festival and a school for pre-professional classical music performers in the summer, it’s a cultured one too. Sophisticated homebuyers flock here for its architectural excellence and diversity, which includes vintage houses and commercial buildings in Federal, Greek Revival, Italianate, Folk Victorian, Queen Anne and Colonial Revival styles. Perhaps most prized are the homes by Staunton’s own T.J. Collins, who designed or remodeled over 200 city structures in the late 19th and early 20th centuries. Families with kids appreciate the open space and amenities in Gypsy Hill and Montgomery Hall parks. “There is a reason people come here from everywhere and settle here and love this place,” Elder says—“the quality of life. There are enterprises here like Cadence, a surgical blade manufacturer in the Green Hills subdivision, that have a global impact. They could be anywhere but they prefer to be in Staunton.”
AUGUST 5 - AUGUST 11, 2020 ISSUE 2931
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CAAR REAL ESTATE WEEKLY WWW.CAAR.COM
FEATURE
Gypsy Hill Park
Staunton: Music, Theater, History and Classic Cars W BY KEN WILSON
ith its lovely old buildings and hilly streets, it’s been called the prettiest town in Virginia, and Smithsonian Magazine once named it one of the 20 best small towns in the country. But let’s hear how New Hampshire transplant Bruce Elder describes it.
Owner of one of the more distinctive places in town (an antique car dealership that in normal times functions twice a week as a museum) Elder found Staunton 31 years ago. “I had this wish list, the kind you have as a teenager when you’re looking for the perfect girl,” Elder says. He wanted a warmer climate, with a year-round car culture, and a cosmopolitan community,
where he could raise his kids in a multicultural environment. When he found the perfect building for his business, “the first concrete and steel structure in Virginia,” he enthuses, “it was like an arranged marriage in which I absolutely fell in love with my bride. Staunton was a town filled with possibility and still remains that way.” With Mary Baldwin (a top-ranked
Once painted by celebrated folk artist Grandma Moses, Gypsy Hill Park comprises a full 214 acres and as many places to play as you can think of: a gymnasium, football field, baseball fields, basketball courts, running tracks, soccer fields, tennis, volleyball, and horseshoe courts, skate park, golf course, pool and playgrounds. Picnic shelters with tables and grills, a garden center, a duck pond, and a dog park are also available along with a 1.3-mile circular Constitution Drive that attracts walkers, joggers, cyclists and rollerbladers. A 2.5-acre storm water retention pond is stocked with trout and is the site of two annual fishing derbies (boating is not permitted). On summer evenings, people gather around an old-fashioned bandstand for entertainment, including the Stonewall Brigade Band, the oldest continuous community band in the country, dating to 1855. The park remains open, with users required to observe stringent physical distancing guidelines. Horse lovers enjoy hour-long guided horse trail rides just outside of town at Star B Stables. Guides provide needed assistance; prior riding experience is unnecessary. The cost is $45 per person for a 1-hour ride.
Stonewall Jackson Hotel Wilson’s birthplace is hardly the only impressive structure in Staunton. Originally one of the first settlements west of the Blue Ridge Mountains, the city is lauded for its picturesque and wellpreserved downtown and its charming and eclectic housing stock. The Colonial Revival-style Stonewall Jackson Hotel on South Market Street went up in 1924, but was in decrepit condition by the 1980s. A $21 million restoration completed in 2005 preserved many of its original features, including chandeliers, wall sconces and marble
Woodrow Wilson Presidential Library and Museum
Frontier Culture Museum Staunton’s Frontier Culture Museum of Virginia tells the stories of America’s first pioneers: of their ways of life, and the traditions they carried on and created. Walking paths and trails lead to the museum’s 11 permanent exhibits, where costumed interpreters bring history to life. Open seven days a week, 360 days each year, the museum is currently accessible to a limited number of visitors.
Bruce A. Elder Antique and Classic Automobiles “You talk about automotive history, this place was the largest garage in the South when it was constructed in 1911,”
Elder says about the former Beverley Garage, where he opened his business in 1989. Currently open for sales and appraisals, Bruce A. Elder Antique and Classic Automobiles stocks about 60 cars at a time. “It’s an international trade,” Elder says. “We act as brokers for collectors and museums of all types of antique collectible vehicles. We’ve handled cars that were used in motion pictures, cars that we’ve supplied to motion pictures, and cars owned by celebrities.” Perhaps the most famous car in Elder’s care was a vehicle, now in a museum in North Miami, Florida, specially built for Dick van Dyke in the 1968 musical adventure fantasy film, Chitty Chitty Bang Bang. While his stable includes low-mileage cars that are unique but expensive, it also encompasses more reasonably priced rides. “We have a 1965, wrangler-red Mustang, a one-family owned car, for only $20,000. It’s a good investment and a lot of fun.” Technically the business is not a museum, Elder notes, but “about five years ago we created tours for people who weren’t necessarily customers but wanted to come in and learn.” Eyeballing the jawdropping collection of historic vehicles is only half the fun—the other is hearing Elder tell stories about them. In good times, the public is invited to tour the collection on Fridays and Saturdays at 10:30 a.m., and 1:30, 3:00 and 5:00 p.m.; tickets are $5 for persons 16 and over. Children accompanied by adults are free. Tours are suspended for now, but the business is open by appointment for sales and appraisals.
Heifetz International Music Institute Founded in 1996, the non-profit Heifetz International Music Institute is dedicated to coaching promising young classical musicians and helping them launch careers. The Institute’s teaching philosophy is that artists express their individuality not only through technically and intellectually robust music making, but also through emotional and physical engagement with the music they play. Usually the Institute conducts a sixweek summer program utilizing the Heifetz Performance & Communication Training system to help students become well-rounded, communicative artists by improving their technical agility and musicianship, self-confidence, gestural and verbal communication skills, and leadership capacity both on and off stage. This summer, Heifetz’s Virtual Concert Hall series, Rubato, features daily concerts livestreamed on its YouTube and Facebook channels and made available for seven days following the broadcast.
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Staunton Music Festival When pianist, harpsichordist, and conductor Carsten Schmidt organized some concerts for a handful of friends back in 1998, he wasn’t thinking of bringing an international cast of eighty musicians to town for thirty-plus concerts in ten days every year. But the Staunton Music Festival was all set for its 23rd year this summer, and intends to return in 2021. Devoted mainly to small scale “chamber” works from the classical repertory, SMF’s “Rethink Classical” approach pro-
FEATURE
America’s 28th president, Woodrow Wilson, was born in Staunton in 1856. Although he lived there barely a year before moving to Georgia and then South Carolina, Staunton houses his Presidential Library and Museum in the Greek Revival manse where he was born, on a hill in the city’s Gospel Hill historic district. Museum visitors can take self-guided tours through seven galleries devoted to Wilson’s early years and later presidency, as well as to period issues and events including suffrage, prohibition and World War I. Exhibitions include the President’s restored 1919 Pierce-Arrow limousine, World War I weapons and uniforms,
and a state-of-the-art display recreating life in the trenches where so much of the war was endured. Children can enjoy scavenger hunts and hands-on activities in the Kids’ Corner. The research library is open by appointment. The Victorian-style terraced gardens behind the Manse were designed by Charles Gillette and planted in the early 1930s by The Garden Club of Virginia. The museum is open 9:00 a.m. to 5:00 p.m. Monday through Saturday, and noon to 5:00 p.m. on Sunday. Visitors must wear masks and are asked to observe social distancing. For people who would prefer not to visit in person, the museum offers ticketed virtual tours available every half hour from 10:00 a.m. to 3:30 p.m. Digital resources and virtual programming are free.
AUGUST 5 - AUGUST 11, 2020 ISSUE 2931
floors. An Organ dating to 1924 was restored to its original state, making it the only known Wurlitzer of that vintage still in working condition. The hotel is open and observing state and federal safety precautions. Food and beverage services are not available. Over at the free Augusta County Railroad Museum in the Staunton Mall the focus is on railroad history and railroad miniatures. In addition to its collection of operating model train layouts, the Museum shows a large selection of railroad art depicting railroad scenes and steam, diesel, and electric locomotives, many of which no longer exist. Shelves display antique model trains that are collector’s items, and artifacts like lanterns and railroad signs. The museum is currently closed.
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The acreage is currently zoned RG-5 and ready for development, as well, even subdivided so you can live on the larger parcel and sell off lots. The investment opportunity is second to none! Plat, RG-5 zoning specs, Sunset Park news update, city zoning ordinance, and survey of the farm portion are available.
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3100 PLANTATION LN • WAYNESBORO
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Renovated Ranch w 4 Bedrooms 3 Full Baths in Stratford Farms Neighborhood. Updated Brick Ranch Less Than 2 Miles from Starbucks, Lowes, Target, Etc off Pelham Dr! NEW: Windows, Roof, HVAC, Gas Fireplace, Lighting, Paint, Bathrooms, Kitchen, Gleaming Hardwood Flooring & DOUBLE LOT! Mature Landscaping &expanded paved Driveway. Must See! MLS# 606443 $349,900
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duces programs with an extraordinary musical range. A typical evening’s bill might include a Baroque, Renaissance, or Medieval work played on period instruments, plus Classical, Romantic, modern and contemporary pieces. Hour-long noon-time programs and afternoon composer interviews are free. “Staunton is one of my favorite places to sing because of the quality of the musicians, the beautiful venues, and the engaging audiences,” says soprano Megan Chartrand, one of a core group of about 40 players who return annually, attracted by the camaraderie, imaginative programming, and informed and attentive audiences. Bassoonist Stephanie Corwin, agrees: “The community surrounding the town and the festival is incredible. I love seeing so many familiar faces in the audience”—faces like Bill and Joan Schmitt, in their mid-nineties and mid-eighties respectively, who come all the way from Pennsylvania.
American Shakespeare Center
While Staunton’s most noted architecture dates to the late 19th and early 20th centuries, its celebrated indoor theatre—the 300-seat Blackfriars Playhouse—dates to 2001, but faithfully recBuy and Sell Cville Team Nominees: Candice & Bert reates Shakespeare’s own indoor theatre Passionate about Helping People SELL & BUY Residential built in London in 1596. Theater lovers Real Estate in the Charlottesville Area. We can’t wait to connect with youfrom around the world are enthralled not & Share Some of our Best @Candice_Realtor only by the handsome and historically Adventures! accurate performance space, but by the 943 Glenwood Station Ln #203 Buy Charlottesville, and Sell Cville Team VA 22901 high-spirited, authentic, and engaging Nominees: Candice & Bert productions served up by its home comPassionate about Helping pany, The American Shakespeare Center. People SELL & BUY Residential
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While the Center performs contemporary work, it is best known for its brisk and energetic performances of the Bard’s own plays observing late 16th/ early 17th century conventions: house lights up, actors doubling roles (and some Shakespeare-style gender confusion), minimal sets, and a sprinkling of songs. ASC Shakespeare is always lively. The company is currently presenting Shakespeare’s topsy-turvy comedy, Twelfth Night, and his sadly relevant tragedy, Othello, for up to 125 socially distanced audience members in the Playhouse, as well as others online. Music, theater, history . . . and classic cars. What more do you want in a picturesque little spot smack in the middle of the gorgeous Shenandoah Valley? Maybe a great meal? “In this town of 25,000 people we are blessed with a remarkable epicurean culture,” Elder says. “Even now, with COVID, the variety of restaurants in our community brings people from a 50- or 60-mile radius every weekend. “I am,” Elder concludes, “a huge supporter of this town. We’ve had people come to visit from all over the United States,” he says, “because Staunton is such a wonderful place.”
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Beautifully upgraded 4 BR townhouse w/mountain plete 1st floor living, lg MBR & BA w/laundry. 183 MANOR BLVD 332 COPPER HILL DRIVE 1120 EDMOND COURT views! Open floorplan, perfect for entertaining woods on main floor. Gourmet kitchen & loft What does a quick commute from C’ville get A rare find in the sought after Mill Creek South Just a quick walk from Downtown Crozet, you? This amazing home! Main floor has your neighborhood. Enjoy the SOUTHSIDE of town you’ll find this wonderful end-unit villa. Walk withto private to LR. Outside patio. $410,000 wide open gourmet kitchen overlooking your with its quick commute Downtown,patio. UVA, into the main level to see $365,000 a wide open floor plan with hardwood floors & natural light
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family room along with separate dining room & & bothhospitals. Less than two miles to WEliving room to use anyway you want. A home GMANS and 5th St Station. This 3 bedroom office is ready for those virtual workers. Upstairs home includes a FIRST FLOOR MASTER. Addihas your master suite with gigantic closet & spa- tional two large bedrooms upstairs and a Bonus like en suite bath. Three other bedrooms along ROOM! Bonus room could also act as a guest with a common area perfect for additional play room, playroom, or HOME OFFICE. Spacious space plus a real laundry room finishes the upstairs. Basement has a perfect finished rec room kitchen with plenty of cabinet & counter space. with ability to customize with rough-ins for a wet Separate dining room gives you plenty of bar & full bath to increase the value. Plenty of un- space to entertain. Living room has real wood finished storage. Go outside to the fully fenced floors plus wood burning fireplace. Enjoy the yard with a wonderful deck to entertain. No LARGE DECK overlooking the woods behind HOA either! Only 25 minutes to Downtown!. the house. FENCED YARD perfect for a dog to play. A home so call to see it MLS# 605162 $395,000 2142 Avinity 1544 Sawgrass Ct like this is rare,
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AUGUST 5 - AUGUST 11, 2020 ISSUE 2931
14
HOME SALES STATS
THE
EDITORIAL COORDINATOR
Celeste Smucker • editor@caarrew.com
MARKETING SERVICES
ENDING THE WEEK OF AUGUST 2, 2020
Beth Wood beth@caarrew.com • 434.817.9330
THERE WERE 143 SALES IN THE 11 COUNTY AND CITY AREAS n 64 were in Albemarle with an average price of $565,356 n 15 were in Charlottesville with an average price of $487,869 n 11 were in Fluvanna with an average price of $265,622 n 10 were in Greene with an average price of $265,550 n 9 were in Louisa with an average price of $411,691 n 3 were in Madison with an average price of $455,667 n 11 were in Nelson with an average price of $284,788 n 5 were in Orange with an average price of $237,960 n 11 were in Staunton with an average price of $211,264 n 4 were in Waynesboro with an average price of $162,450
HOMES SOLD
Staff:
Faith Gibson ads@c-ville.com • 434.817.2749 xt. 25
DESIGNER
Tracy Federico designer@c-ville.com
CAAR
The REAL ESTATE WEEKLY is published weekly by the CAAR Real Estate Weekly, Inc., a wholly owned subsidiary of the Charlottesville Area Association of RealtoRs®, Inc. Copyright All rights reserved. Reproduction in whole or in part without permission of the publisher is strictly prohibited. All advertising published in the REAL ESTATE WEEKLY is believed to be truthful and accurate. No advertising will be published in the Real Estate Weekly if it is known to be inaccurate or untruthful, but this publication does not warrant, nor is it liable for, the accuracy or truthfulness of the advertising placed within this publication. Neither the CAAR Real Estate Weekly, Inc., nor its corporate parent, the Charlottesville Area Association of RealtoRs®, Inc., assume any responsibility and shall have no liability whatsoever for errors, including without limitation, typographical errors or omissions in the REAL ESTATE WEEKLY. Any reference made to the CAAR Real Estate Weekly, Inc. or the Charlottesville Area Association of RealtoRs®, Inc. is not to be construed as making any representation, warranty, or guarantee by the corporations concerning the information on properties advertised in the REAL ESTATE WEEKLY. The content of all ads contained herein are solely the responsibility of the advertiser. The opinions and statements contained in advertising or elsewhere in this publication are those of the authors of such opinions and are not necessarily those of the CAAR Real Estate Weekly, Inc., or the Charlottesville Area Association of RealtoRs®. the CAAR Real Estate Weekly, Inc. reserves the right to edit or refuse any advertising it deems inappropriate or misleading. No advertising will be published in the Real Estate Weekly if it is known to be inaccurate or untruthful. Every effort has been made to assure accuracy, but this publication does not warrant, nor is it liable for the advertising placed within this publication. This publication will not accept advertising that refers to or attempts to establish fees or rates of commissions charged for services rendered. Information on advertising placement may be obtained by calling 434-817-9330. All real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise “any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination.” Virginia Fair Housing Law also makes it illegal to discriminate because of elderliness (age 55 and over). We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis. CAAR Real Estate Weekly Is printed on 100% recycled paper
308 E. East Main Street • Charlottesville, VA 22902 Tel.: 434-817-9330 • e-mail: ads@caar.com Send your news and/or press releases to editorREW@gmail.com
4160 VIEWMONT ROAD EARLYSVILLE
1618 RUGBY AVENUE WESTWOOD
996 PELHAM DRIVE HIDDEN HILLS
941 WILLOW RIDGE ROAD TROY
296 LIBERTY LANE MADISON
1714 VINSON STREET STAUNTON
CAAR REAL ESTATE WEEKLY WWW.CAAR.COM
LOCAL GOVERNMENT
Diversity is working. Shouldn’t it also be living?
(Note: Real estate tax information gathered from local government Web sites and is believed but not guaranteed to be accurate as of publication date. Towns may assess real estate taxes in addition to those charged by each county.)
CITY OF CHARLOTTESVILLE
GREENE COUNTY
CITY OF STAUNTON
LOUISA COUNTY
CITY OF WAYNESBORO
MADISON COUNTY
ALBEMARLE COUNTY
NELSON COUNTY
FLUVANNA COUNTY
ORANGE COUNTY
www.charlottesville.org Real estate tax rate: $.95 per $100 www.staunton.va.us Real estate tax rate: $.95 per $100 www.waynesboro.va.us Real estate tax rate: $.90 per $100 www.albemarle.org Real estate tax rate: $.854 per $100 www.co.fluvanna.va.us Real estate tax rate: $.925 per $100
www.gcva.us Real estate tax rate: $.775 per $100 www.louisacounty.com Real estate tax rate: $.72 per $100 www.madisonco.virginia.gov Real estate tax rate: $.68 per $100 www.nelsoncounty.com Real estate tax rate: $.72 per $100 www.nelsoncounty.com Real estate tax rate: $.804 per $100
Your workplace thrives on diversity, so why shouldn’t your neighborhood? Diversity expands horizons, promotes understanding, prepares our kids. It promises us all a richer life. To better understand how neighborhood diversity will benefit you and your family, please log onto www.ARicherLife.org.
Celebrating the 40th Anniversary of the Fair Housing Act
15 AUGUST 5 - AUGUST 11, 2020 ISSUE 2931
A Virginia Tradition Since 1927 Charlottesville: 434-951-5155
Greene: 434-985-2348
Zion Crossroads: 434-589-2611
Western Albemarle: 434-205-4355
Ednam Hall • Dryden Lane • Charlottesville, VA 22903
®
®
Homes@RoyWheeler.com • www.RoyWheeler.com
Schedule Your Virtual Showing Today
A Virginia Tradition Since 1927 Greene: 434-985-2348
Zion Crossroads: 434-589-2611
RE PR D IC U E CE D
Charlottesville: 434-951-5155
Western Albemarle: 434-205-4355
Ednam Hall • Dryden Lane • Charlottesville, VA 22903
®
®
Homes@RoyWheeler.com • www.RoyWheeler.com
WONDERFUL LOCATION, 21 acre property backs to the Rivanna River giving you a country feel yet minutes to shopping, amenities, easy access to airport. Very large classic brick home with over 8700 finished sq. ft., 6BR including double master, 4 full & 3 half baths, abundant storage in the 2300 sq.ft. walk up attic, 1155 sq. ft. 3 car garage over 3000 sq. ft. of patio. $2,250,000. Warren Maupin, 434-962-8939. (601118)
SUNNY BANKS. Built in 1888 in Louisa County, 50 acres with mature hardwoods & rolling grasslands, long river frontage with swimming holes & beaches, 10.5 ceilings & heart pine flooring, spacious rooms with abundance of natural light, multiple dependencies, located 25 minutes from Charlottesville & 50 minutes from Richmond, easy access to I-64. $749,500. Steve White, 434242-8355. (602813)
OLD TRAIL: An over-sized Gaffney townhome (2243 sf ) right on Old Trail Drive. A front porch and a backyard for relaxing. Large kitchen with breakfast room, great master BR with a large BA and 2 walk-in closets. The 2 other bedrooms have walk-in closets as well. Hardwoods throughout and the upstairs has new flooring. Kitchen with granite and stainless steel appliances. Dual heat and air. Two car garage in back with storage. $389,000. John Updike, 434-242-7711. (604074)
CO U N ND TR E ACR T
ESCAPE TO THE COUNTRY on over 7 acres of privacy, gardening, hobbies, secluded but not isolated, public water, quick access to Rt. 29, close to 5000 square feet of one level living, new HVAC, windows, roof, plumbing and more. Call for an appointment. $849,900. Warren Maupin, 434-962-8939. (605988)
PERFECT BUILDING LOT at Wintergreen Resort offering more than should be expected at such a great price! Only a short walk to The Mountain Village, the slopes, shopping, The Market, & numerous restaurants in the hub of Virginia’s premier 4 season resort. There are so many design options for a lot such as this one. Imagine the possibilities! $5,000. Gavin Sherwood, 434-962-0226. (582946)
POTENTIALLY some of the best valley views in the area! This wooded lot is ready for your new home or weekend retreat. Less than 45 minutes to Charlottesville and only minutes from the town of Stanardsville. Photos of views are from other cleared home sites along Top Ridge Rd. Make this one yours today! $14,900. MatthewWoodsonProperties.com 434960-5187. (601167)
WELCOME HOME TO PROFFIT RIDGE! Only 6 lots remaining. Lots range from 2-7 acres of gently rolling, partially wooded lots. HIGH SPEED INTERNET of 1 GIG speed available! The “YES” Team, Yonna & Keith Smith. 434531-0817/434-531-0795. (593994, 996)
View All Open Houses Online Use Your Phones camera To Scan
363 CLAREMONT LANE Times: Sat 10-12, Sun 2-4 Hosting Agent: Susan Reres
CLASSIC BRICK END-UNIT on quiet street in Old Trail! Walkable to Old Trail & Crozet amenities plus western Albemarle schools. Gleaming hardwoods & upgrades throughout lovely 4BR 3.5BA home. Screen porch overlooks courtyard. Lightdrenched MBR suite. 2-car garage. Move-in ready! $409,000. Susan Reres, 434-953-5552. (605856)
2525 WIND RIVER ROAD Time: 1-3 pm Hosting Agent: Steve White
NEW PRICE NOW at incredible Celebrating Over Ninety Years Trust, Tradition & Market Leadership value at $125 per square foot of
Directions: From 250 in Crozet turn onto Old Trail Drive. Go about 3/4 mile to right turn onto Claremont Lane to property on right.
finished living space. Large rooms, main floor master suite, new paint, new carpet. Meriwether Lewis School District. $779,000. info@stevewhiterealtor. com Steve White, 434-242-8355. (594036)
Directions: From Barracks Road, head West on Garth Road. Pass Owensville Road on the left and look for Wind River Subdivision 0.3 miles on the right. Turn right into Wind River onto Wind River Road. 2525 Wind River Road is the first home on the right.
Celebrating Over Ninety Years Trust, Tradition & Market Leadership
CAAR REAL ESTATE WEEKLY WWW.CAAR.COM
SA O T PE & N SU N
OPEN HOUSES Sunday, August 9 th