Posts tagged 22901

More Charlottesville Real Estate Data than You Might Have Wanted

in Albemarle Charlottesville Market statistics on

This is going to be a developing post as I read through Barry Merchant’s presentation from this morning. Barry Merchant’s VHDA presentation at Charlottesville Area Association of Realtors (PDF) Additionally,

Nest Report Here is an advance copy of the Nest Report, what we believe to be the best, most “comprehensive and transparent analysis of the residential real estate market in Charlottesville, Albemarle and surrounding counties, prepared quarterly by Nest Realty Group.” Nest Report – Year End 2009, Predictions for 2010 (PDF) Comments, feedback and input welcomed.

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Charlottesville and Albemarle Governments Clash. Again.

in Albemarle Charlottesville Politics on

For anyone interested in a prime example of the City of Charlottesville’s and County of Albemarle’s occasionally dysfunctional relationship, Rachana Dixit and Brandon Shulleeta have great story in today’s Daily Progress . … The clash over money between Charlottesville and Albemarle County is turning into a political civil war, with warnings that each step from here will undermine collaborations that would cut expenses and instead possibly cost taxpayers big bucks down the road.

…Many county officials say it’s unfair that a state formula that determines education funding for localities — based largely on localities’ wealth — fails to account for the revenue-sharing agreement. Bell’s amendment proposal would count the money Albemarle pays Charlottesville toward the city’s wealth instead of the county’s wealth — which would increase state education funding for Albemarle in fiscal 2012 by $2.6 million and decrease Charlottesville’s state education funding by that same amount. …

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Yes Charlottesville – It is Supposed to Snow

in Charlottesville Off-topic on

Local Interactive Weather Map for Charlottesville, VA (22901) - weather.com-1.jpg Again .    CBS19Weather says – @ JimDuncan Some models are indicating 12-18″; that is of course preliminary & subject to change. Our prediction comes closer to time (tk)       and :    WINTER STORM WARNING until early Wednesday for: Albemarle, Nelson, Greene, Madison, Orange & Culpeper Cos. (tk)       I’ve heard we’re supposed to get 2-4 inches tonight, and this weekend anywhere from 12 to 40 inches of snow in the Charlottesville area.

… CBS19Weather : @JimDuncan warning means it’s occurring or is imminent…a watch means that we’re on the lookout…i like your definitions though!

… CBS19Weather : @JimDuncan warning means it’s occurring or is imminent…a watch means that we’re on the lookout…i like your definitions though!

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City of Charlottesville’s Assessments Decline

in Charlottesville on

In its annual review of Charlottesville properties, the City Assessor’s Office released figures that show the total value of property — including new construction — declined by .76 percent. … The city has 12,820 taxable residential parcels, and approximately 54 percent will have a decline in value and 40 percent will not show a change, excluding improvements and new construction. … Here are some details of this year’s figures: — Assessment for existing residential property declined in value by 2.19 percent.
… — When new construction is added to the value of existing property, the total value of property in the city declined by .76 percent.

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Albemarle County Assessment Figures Released

in Albemarle Politics on

Virginia, unlike some other states, by Statute requires localities to assess property at 100% of fair market value, based on an objective analysis of the property’s fair market value, independent of any influence on the part of the County or the County Board of Supervisors. … The average annual reassessment changes for the magisterial districts are as follows: Rio -2.25% Jack Jouett -4.30% Rivanna -2.12% Samuel Miller -3.65 % Scottsville -4.13 % White Hall -3.19 % Town of Scottsville -1.89 % The new assessments will be reflected in the real estate bills which will be mailed in late April, 2010. County officials recommend that anyone who would like more information or who wishes to appeal their assessment to contact the Office of the Assessor in the Finance Department at (434) 296-5856. … If a property owner does not receive satisfaction with this step, further appeal may be directed to the Board of Equalization, which is comprised of Albemarle County citizens who have completed training by the Virginia Department of Taxation and who meet on a regular basis.

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Useful Unemployment Map

in sideblog on

This is a useful Unemployment Map for Charlottesville and Albemarle – Click through to the Washington Post for the interactive version . I suspect that the region’s unemployment and underemployment rates are higher than indicated. For a real scare, click the “autoplay changes” button Unemployment Map for Charlottesville and Albemarle - Thanks to the Washington Post

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An Interesting Question – Schools and Housing Values

in General Real Estate on

Seth Godin asks in the “Ubiquity of Competition” : There are twenty towns you can choose for your family’s new home. One invests in its schools, has a focus on inquiry, AP courses and community, while the others are muddling through, arguing about their future. … One of them is represented by a broker who is a pillar of the community, a friend of many and a role model for the industry. … Whenever buyer clients ask me about the quality of Charlottesville and Albemarle County schools, I answer with a market-based response.

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