The best buy in Virginia this Spring at more than $140,000 under the current tax assessment? This magnificent 1987 brick tudor on 18.4 acres of mostly open, fenced pastures and outstanding Blue Ridge Mountain views.
With lots of room, (6000+ finished square feet) for a large family and great open spaces for entertaining, this beautifully built four bedroom, four and one half bath home overlooks gently rolling pasture and a stocked pond. The property has been perfectly maintained and now offers an updated kitchen with new appliances and granite tops.
There is a full apartment on the terrace level, a stylish workshop/studio located near the residence, and an equipment barn with two turn-out stalls near the lower road frontage.
This property is in the ideal location in Southern Madison County: less than one mile from US 29 with road frontage on two state roads. And the land is zoned R-1, adding significant investment options for the new owner. Impeccably maintained and priced to sell quickly at just $595,000.
What a buy! This beautifully crafted four bedroom, 4.5 bath brick home on 18.6 acres with Blue Ridge views seems almost too good to be true. Hillwood features a first floor master suite, three large bedrooms upstairs and a full apartment in the basement. There is a walnut paneled study with gun lockers and a wood burning fireplace, a dining room with fireplace, living room with fireplace and a wide open kitchen with new granite tops.
The 18.6 acres is mostly open with wide views to the southwest capturing brilliant sunsets over the Blue Ridge Mountains. The property is all fenced with three board horse fencing and includes a separate shop, equipment barn and a three stall stable. There is a stocked pond and a couple of acres of nice hardwoods for wildlife and firewood.
Located in Southern Madison County just off Route 29 for an easy 30 minute drive to Charlottesville and less than two hours to Washington DC. The motivated seller has just reduced the price $50,000 to $645,000, more than $100,000 under the county assessment.
I just wrapped up my third radio interview about the first quarter market report from the Charlottesville Area Association of Realtors. It’s a regular gig for the CAAR President and I was nervous about it at first but kind of like it now. It’s fine to read and get comfortable with the data but the richness comes from the discussions that ensue about what they really mean. First of all, having access to past presidents, current CAAR leaders, state and national movers and shakers and 30 of the finest minds in the business at the Nest Realty office is like having access to the Library of Congress when it comes to expertise in all the different market segments. What has become most obvious is that even in as small a market as ours, these broad statements cannot and should not be expected to apply universally. Each neighborhood, each region, has different dynamics and different levels of supply and demand. Ask the experts within those individual neighborhoods and you’ll learn even more about the best streets, the best builders, the differences that truly apply to each home or property.
I have a few takeaways from not just this report but also my outlook, having soaked in CAAR leadership for a while. First, it’s a confidence that great Realtors are a vital part of our marketplace. When we have the opportunity to listen to true, experienced experts discourse on their area of expertise it’s obvious how much they can help the process and how blind one would be jumping in without that expertise at your side. Secondly, on a personal level I find myself much more of an expert than I was before I took on this leadership role. Being part of the process, looking over our market with a broad interest and even feeling some level of responsibility for it has turned me into a different Realtor, a better Realtor. There may never have been a more unlikely CAAR President than the John Ince most of my farm and estate colleagues have known for thirty years but I will say this now for anyone who thinks volunteering at CAAR is a waste of their valuable time: You’re missing something!
For the second time this year I’ve had a new listing go under contract after the first showing.
This may not seem that remarkable to a residential agent specializing in homes close to Charlottesville in the $350,000 to $450,000 range where median days on the market are less than 50 days but for country properties it’s definitely noteworthy. The first was an Orange County horse farm on 18 acres listed for $795,000 and just last week a lovely Greene County farm with 85 acres listed for $849,000 went under contract within 5 days.
What is important to realize is that the instant the listing goes live, every buyer’s saved search that brackets the new listing lights up. This is no time for an overpriced listing or poor photos. This is the all important first impression. This is where that sense of urgency comes into play and a good listing, priced right, will get the attention and will sell. If the first impression is less than the best it can be, this one chance is past and can never be regained. There is a pent up demand right now as we unwind from four years of slow sales. For sellers, getting off to a good start has never been more important.
Anyone who has tried to walk their way through hay fields or woodland during high summer knows what a blessing the dormancy of winter can be, especially when it’s below freezing. It’s easy going in the winter without the threat of poison ivy, blackberry brambles or snakes and you can see all there is to see once the leaves are off the trees.
Ever wonder what the view might be like if you cleared off a couple of trees? Ever wonder if you’ll see that neighbor’s house that seems so nicely screened with trees in the summer?
Winter is the best time to look at land especially when it’s nice and frozen and mud is not an issue. Make sure you are aware of hunting seasons and enjoy walking the land without sweating the summer stuff.
Speaking of land, there’s no better offering on the market right now than Camp Buckingham near Scottsville, 168 acres of fenced pasture and mature hardwood forest with significant timber value, two ponds, gorgeous building sites and lots of division rights. It’s a great value too at just $471,000. MLS# 512843.
The Blue Ridge Mountains are a perfect backdrop to the gently rolling hills of the Piedmont. From Stony Point or Somerset they are a blue silhouette, from Free Union and White Hall they are an imposing frontier. Venture in on the narrow, switchback gravel roads like Bacon Hollow Road in Greene County and you’ll start to understand another lifestyle. These mountains have been populated for centuries by a hardy lot that raised kids, cows and crops on meager soil cleared by hand and mule of the endless rocks that grow prolifically in this high air. What drove those early Americans to choose such a challenging lifestyle? Yes, the land was cheap but I think it was more than that. None could consider this lifestyle if they were not completely self sufficient. They would have to raise their own food, heal their own wounds and fix whatever broke. It was in their make up to do it, man and woman alike and in the Blue Ridge Mountains of Virginia they could thrive in their own way. While Albemarle County’s fine estates enjoyed chamber music and French wine, the mountain folk had their moonshine and fiddles and their own sort of joy. While driving up into the mountains in a SUV today isn’t quite the same as driving a team and a buckboard, step out into a mountain meadow at 2000 feet elevation and you can feel just as they did 150 years ago with cool mountain air and views that go forever. It’s not for everyone but there have always been a few that consider the mountains..almost heaven.
A new listing of 155 acres on Wyatt Mountain in Greene County and a two hour exploration of the property with a forester inspired this post and gave me a renewed appreciation for mountain land and its marvelous diversity. For more information on this outstanding new offering click the link below.