Ready to put your home on the market? Now that you’re ready to sell your Charlottesville property, the first thing you need to do is decide how much you are listing it for. Perhaps you still remember how much you bought it for, but it has been many years since then, and the market has […]
Virginia Conservation Easements Update
As you know from our previous articles, Virginia has a strong tradition of encouraging land owners to protect their lands from development by utilizing tax incentives. Until now, one of those methods known as Conservation Easements has allowed owners to deduct 30% of their adjusted gross income for 5 years, as a charitable deduction. This […]
Land Use Assessments for Virginia Taxes
In Virginia there is legislation that encourages the preservation of agricultural, forest, horticultural and open spaces. This legislation provides tax incentives for landowners to protect their lands from development. Virginia law provides for eligible land in any of these categories to be taxed based upon the land’s value in use (use value) as opposed to […]
Charlottesville Farms Real Estate Market Report – May 2012
Charlottesville Farms Real Estate Market Report – May 2012 This Charlottesville farms real estate market report will look at the sales of farms in Albemarle County. For the purpose of this report any property over 15 acres will be considered a farm. May 2011 average list price $891,450. May 2012 average list price $585,000. May […]
Charlottesville Horse Farm – Sold
Charlottesville Horse Farm – Sold This property that is perfect for a Charlottesville horse farm closed last week to one of my buyer clients. “Hopewell” consists of 147 acres of beautiful pasture. There is an old home that dates from 1785. The house has had several additions over the years and the facade has been covered with […]
Charlottesville Horse Farms Are For Race Horses
Charlottesville Horse Farms Are For Race Horses As we watch the horses make their way to the start at Belmont Park, it is appropriate to remember that Charlottesville horse farms have been home to many champion race horses. While we do not have a runner in this year’s Triple Crown Races, there has been a Derby Runner […]