Crozet's community blog
David and I have fun doing these at PRN, but we never have enough time to say all that we need or want to say. As such, we’ve shifted our Crozet conversations from coffee at Mudhouse to beers (or water or soda) at PRN – Thirsty Third Thursdays from 5 to 7.
I love doing these. Not only do we love real estate market analysis & data, but having the opportunity to shoot at Crozet businesses.
We’ve done these at the Crozet Mudhouse, Greenhouse Coffee, Crozet Library, and this month at Pro Re Nata (PRN).
The Crozet Real Estate Conversation with David Ferrall and Jim Duncan with Nest Realty.
This is a quick look at the 1st Quarter 2016 real estate market report – land sales, new construction contracts, total sales in Brownsville & Crozet Elementary School Districts.
Have questions about the market? Call or email us anytime. Or stop by the Crozet Mudhouse from 9am – 11am on the 2nd & 4th Wednesdays of every month!
Mark your calendar; the next Crozet Real Estate Conversation is on 23 March at 9am at the Crozet Mudhouse.
During this morning’s conversation, I ran a few stats to answer my own curiosity. I’m always
These are just numbers. Without context (as is gained through conversation and analysis), they’re just numbers.
Have specific questions? Ask Jim (me) or David.
We’ve been doing our Crozet real estate conversations for the past few months; each time we do them we tend to have some interesting data-based-conversations. This month, a friend asked me about median home prices in Crozet.
Looking at real estate data is always fun, so I pulled a bit of information from the Charlottesville MLS and came up with this (* “Crozet” for this purpose = Brownsville + Crozet Elementary school districts):
Continue reading “Median Home Prices in Crozet Continuing to Rise”
Median sales price, where are new homes selling, what neighborhoods are coming online in Crozet? We love questions!
Our experiment continues. David and I love to talk about real estate. We thought the Crozet Real Estate Conversation series would be a good place to talk about real estate and share some of our thoughts and insights about life in Crozet & the Crozet real estate market.
Read/comment more at the facebook post.
David and/or I are at the Crozet Mudhouse on the 2nd and 4th Wednesday of every month. Please stop by to chat; we pulled (and know) a lot more real estate data and information than we shared in the video.
Continue reading “Crozet Real Estate Conversation – January 2016”
The experiment continues. David Ferrall and I have launched a new effort to educate folks, and satiate our own desires to talk about real estate. We had our first conversation in July; this time we’ve been a bit more brief.
We’re going to be at a Crozet coffee shop – for the next couple months, the Crozet Mudhouse – the 2nd and 4th Wednesday of the month from 9 to 11 if you’re curious about the market and want us to buy you a cup of coffee.
* this is a real estate post. I’m actually a real estate agent in real life.
Thinking about moving over the next several months? Call me for your complimentary professional photos NOW while everything is green.
No obligation to list with me, but if you do, we’ll have great photos to use!
Taking pictures now is critical for the winter and spring market.
This picture of Grayrock remains one of my favorite examples of why taking pictures in the fall is critical:
It’s easy to recite cold numbers when talking about the Crozet (or any) real estate market. One of the things that I really like to do is talk about real estate.
There is more to real estate insight that talking in 20 or 90 second sound bites, and I hope that’s evident in the video below.
David and I love talking about real estate – whether it’s last quarter’s median sales price numbers, prices per square foot, or where in Crozet houses are selling – real estate is something we love. Seriously.
I’ve written occasionally about real estate here (53 such tagged posts in nearly 10 year years). I’ve found that many Crozetians are interested in real estate. If you’re curious about what happened in the first half of 2015 in Crozet’s real estate market, hopefully you’ll find this interesting.
I titled this post “Take 1” because this was our first time out; we’ll be doing these every quarter. Have something you’d like us to address? Ask or leave a comment.
About three years ago, Westlake Hills was announced. They’ve been pushing dirt behind Westhall for some time, but just this week, the developer emailed me the plats and site plan renderings.
This is a real estate post. I’m a real estate agent by the way) Questions? ask me … 434-242-7140.
Pulling assessed values in Crozet is tough. Across Albemarle County, assessed values are up 2.64%; White Hall is up 2.94%.
Last year, Parkside Village had the highest percentage increase; this year, Old Trail and Western Ridge are leading the way.
One note: with respect to fair market value, my opinion is that an assessment has about as much validity as does a zestimate.
In my opinion, county assessed values are good for one thing – top-level trending information. As I wrote a few years ago:
Assessments are not a reflection of market value. They are a backward-looking assessment of what the market value may have been at the time the assessor looked at the house (most likely online, and not in person). The assessor may or may not know the condition of the property, the condition of the property’s neighbors, may not consider the traffic noise, crime stats, proximity of sexual offenders, level of inventory, smell of the neighborhood, etc. etc. etc. Assessments are why you pay taxes on.
The Daily Progress notes this year:
The current rate is 79.9 cents per $100 of assessed value. At that rate and including an assessment increase of 2.64 percent, the annual tax bill would edge up $63 to $2,460 on a home previously assessed at $300,000. The new assessments will be reflected in tax bills to be mailed in late April.
It costs nearly $12k to educate a student in Albemarle County schools; think about that for a minute when thinking about the new homes – and residents in the County.
I pulled data from the Albemarle County GIS site for the following neighborhoods:
A few notes:
Albemarle County real estate assessments are out … did yours go up? Go down? Questions about your assessment? Ask me …(434-242-7140. I’m a real estate agent by the way).