One of the essential steps in buying a home is obtaining homeowner’s insurance. Sounds easy? But there are some potential insurance red flags that you should be aware of and may want to check out in advance before making an offer. Not all of them will prevent you from obtaining insurance but they could make it more difficult or result in a more expensive policy. Read about many of the red flags to look out for.
1891 Covered Bridge Road, Kents Store, Virginia
All you need are the horses. 6 acre horse ready farmette in Fluvanna County convenient to both Charlottesville and Richmond, Virginia. The horse amenities include a six stall barn, run-in shed and board and electric fencing. The home features a living room, family room, kitchen with separate dining area, sunroom, first floor bedroom and bath. There are two additional bedrooms and bath upstairs. The extensive decking and pool provide the perfect opportunity to enjoy the peaceful setting. A two car garage and finished bonus room that is not included in the finished sq ft completes the offering.
For more information on this property or on other homes in the area please contact:
161 Little Pond Lane, Palmyra, Virginia
Estate quality home of exceptional construction and design on 14.5 scenic acres within an easy commute of Charlottesville, Virginia. This welcoming CapeCod style home of exceptional construction and design is situated among scenic rolling farmland. Enjoy the view of your stocked pond from the welcoming front porch. The large screened porch with brick floor, patio and in-ground pool add to your opportunity for outdoor living. The very large master suite has French doors leading out onto the screened porch and the lovely palladian window looks out on the pool. The 4,888 finished sq ft and 2,618 unfinished affords plenty of room for family and guests. The open kitchen has a breakfast bar and cooking island. A study, formal dining room, and spacious family room finish out the first floor. The home has many special features such as hardwood floors, high ceilings, walk-in cedar closets and plantation shutters. There is also a 3 car detached garage and a detached garage which includes a home office. Priced at $995,000.
For more information on this home or other properties in the area please contact:
The beautiful rolling hills of Central Virginia are the perfect setting for a country home. In June the majority of the activity in country homes in the area was in Albemarle County. For the purposes of this real estate market report a counrty home is a detached home with 3-20 acres.
In Albemarle County in June 18 country homes had contingent contracts priced from $129,000-$1,500,000.
14 homes had contracts pending priced from $179,900-2,500,000.
13 homes sold with an average sold price of $466,514 and a median price of $417,500. They were on the market for an average of 80 days.
158 homes are active listing between $139,900-3,499,000.
At the June rate of sale there is approximately 12.15 worth of inventory on the market.
In Fluvanna County in the month of June 6 homes had contingent contract priced from $259,900-$674-500.
2 homes had pending contracts priced at $225,000 and $437,500.
3 homes sole priced at $199,825 with 38 days on market, $365,000 with 77 days on market, and $400,000 with 42 days on market.
There are currently 64 active listings priced from $110,000-$1,200,000.
At the June rate of sales there is approximately 21.33 months of inventory on the market.
In Louisa County in the month of June 8 homes had pending contracts priced from $135,000-288,595.
5 homes had contingent contracts with list prices from $95,000-329,000.
4 homes sold with the following prices $146,500 and 73 days on market, $239,900 and 198 days on market, $336,500 and 41 days on market, and $600,000 and 61 days on market.
There are 75 active listings of country homes priced from $99,900-995,000.
At the June rate of sale there is approximatkely 18.75 months of inventory on the market
As you can tell from these figures there is a lot of inventory on the market and buyers are very much in the driver’s seat. It is a very good time to buy a country home.
For more information on the area real estate market and properties for sale please contact me.
Real Estate III
In my last post I talked about the June real estate market in the Charlottesville area mls regarding farms. Delving further into the available information it is apparent that the majority of the activity regarding farms and estates in the month of June was in Albemarle County.
Louisa County did not have any sales, or contingent or pending contracts for farms in the month of June. However there are also only 3 active listings for farms in Louisa County ranging in price from $478,000 -$3,200,000.
In Fluvanna County for the month of June there were also 0 sales and contingent farm contracts but there is 1 pending priced at $168,900. There are 3 farms listed actively for sale priced from $439,900-$650,000.
Compare this with Albemarle County with 2 pending, 4 contingent contracts, and 22 active farm listings. There were 2 farms sold in June in Albemarle, one for $4,800,000 after 189 days on the market and one at $7,800,000 after 315 days on the market.
From the available data we can see that the area farm sales are lagging behing the residential market. It is a very good time to buy a farm.
Please contact me for information on either the farm and estate or the residential market in the central Virginia area.
This information is from the area mls and is deemed correct but not guaranteed.
If you are interested in buying or selling a farm in the Charlottesville, Virginia area it is important that you are up to date on what is happening in the local real estate market. There are often many opportunities to hear about what the activity is in the Charlottesville, Virginia residential market, but what is happening with farms for sale?
In the month of June in the total Charlottesville Area Association of Realtors market area one new farm came on the market. It is priced at $1,250,000.
There were not any farms with pending or contingent contracts.
Two farms sold with an average list price of $8,225,000 and an average sold price of $6,300,000. The average days on market was 252. They sold at an average of 76% of list price.
There are currently 22 farms actively on the market in the entire Charlottesville area as of today July 4, 2008. The average list price is $2,873,927 and the median sales price is $1,645,000. The average days on market is 187.
At the June rate of sales there is about an 11 month inventory of farms on the market in the Charlottesville, Virginia area.
Craftsman style home
This beautiful craftsman style home is located in the heart of the Keswick Hunt Country just outside Charlottesville, Virginia. The home has three bedrooms, 3.5 baths, 2,863 square feet, is on 3.5 acres and was built in 2007. The home has a open floor plan that is idealy suited for entertaining family and guests. The 1000 sq ft of Trex Decking, as well as the screened porch provide perfect space for outdoor living. There is a first floor master suite as well as two large bedrooms upstairs each with its own bath. This unique 2007 Parade of Homes Winner is architechturally designed and was constructed by custom home builder John Smith. It is loaded with cherry woodwork, hand-made ceramic tile, granite counters and hearth, and built-ins. This is the first of 6 homes to be built in the private Cismont Cottages with lots ranging from 2 to 6 acres.
Priced at $895,000.00
For information on this or other properties please contact
22 Acres of Heaven in the Fluvanna Countryside
This unique plantation-style home has everything you could wish for in a gracious country home. The 22.02 acres of rolling pasture would be perfect for that special equestrian property.
The 5 bedroom, 4.5 bath, 4,017 square foot home has all the ameneties that contribute to estate living. Whether you like to entertain or just want plenty of room for family living, this home is the perfect choice. The state-of-the art gourmet kitchen, spacious dining area and generous family room are idealy suited for gathering together. The generous porches and decks provide an opportunity for outdoor entertaining as well. In addition the home boasts two master suites with gorgeous tile work, one upstairs and one down. A formal living room and a large mudroom/laundry completes the first floor and ther are two additional extra-large bedrooms upstairs. The oversized two car garage has a separate guest suite above. In addition the home has a whole house generator and a new spa that seats 7. There are numerous additional amenities. This property is priced at $1,495,000.
For more information or this and other properties please contact
Just bring the horses!
143 Ivy Cliff Drive, Louisa, Virginia
The perfect small equestrian property located in scenic Louisa County midway between Charlottesville and Richmond, Virginia. This farm is convenient to the Deep Run Hunt Country and close to many area horse shows and has everything that you would desire for a small horse operation.
The horse ameneties include a center aisle barn with 6 matted 12×12 stalls, wash stall and large hayloft, a lighted riding arena, run-in shed, storage shed or shop, 3 connccting pastures and 1 smaller paddock.
The home is a 2,200 sq. ft. cape with 3 bed rooms and 3 full baths. Your family will enjoy the space of the open kitchen, living and dining room. There is also a first floor master and a laundry room and a second full bath finish out the first floor. The second floor has two very large bedrooms with a full bath.
Priced at $478,000.00.
For additional information and more pictures click here.
Pam Dent, e-PRO, SRES
State of the art, plantation style home with 5 bedrooms and 4.5 baths, on 22 acres of beautiful pasture located in Fluvanna County just outside of Charlottesville, Virginia. This would make a wonderful horse property or you can just enjoy the rural beauty surrounding your home. With over 4,000 finished sq. ft. and 864 unfinished this home offers the space for a comfortable country lifestyle while possessing theelegant appointments that go with gracious living. This 2 story home possesses 2 master suites, one on the 1st floor and one on the 2nd, and 2 generously sized additional bedrooms on the 2nd floor. Plus a guest suite over the garage. The living area is perfect for entertaining or family living with a living room, large dining area, gourmet kitchen and large porches and decks for outdoor living. The many custom features include an oversized 2 car garage, 15,000 watt whole house generator and a new spa which seats 7. Please contact me for a complete list of the features. $1,495,000.00.