Charlottesville Real Estate A Sound Venture

by MFH Team on February 28, 2009

Planning to acquire a luxury real estate? Charlottesville real state is the best for your deal. You can purchase a home now for almost 20% less than last year. And there are more reasons why your purchase is going to be a secure deal.

Charlottesville is always graded as the best location to dwell in the US by national publications such as Forbes, Frommer’s, Town and Country, USA Today, the New York Times, and CNN Money. It is the number one place to raise a child and/ or conduct business.

Charlottesville real estate also consists of property in many of the adjacent central Virginia counties like Albemarle, Nelson, Madison, Greene, Louisa, Orange, Fluvanna, Amherst, Buckingham, Augusta, Culpeper, Rockingham, Fauquier, Rappahanock, Rockbridge and Cumberland. All these are within one hour of the city of Charlottesville.

Charlottesville provides an amazing historical element to its real estate. It includes broad 18th century Virginia estates, Virginia historic homes, stunning Virginia horse ranches, pleasant rural cottages from the 1920’2 to the 1940’s, and wonderful pastoral rolling land.

The locations of these estates are idyllic for the nature-seeker/historian/archaeologist. Many of the Virginia historic properties will be private with trees around them and sufficient land to give you total privacy with the Blue Ridge Mountains and James River providing extraordinary scenes. These are positioned far from the clatter of some major highways, yet within minutes to shopping in downtown.

Charlottesville offers wealthy tradition that dates back to the colonial days which you can experience when you capitalize in real estate in this part of the country.

Established by Thomas Jefferson, Charlottesville is home to Montecillo, his lavish historical estate in Albermarle and the University of Virginia. Other well-known persons who made their homes in Charlottesville area include Presidents James Madison (in Orange County), James Monroe (in Albermarle), Zachary Taylor (in Orange County), John Tyler (near Charles City), Woodrow Wilson (in Staunton), Theodore Roosevelt and Franklin D. Roosevelt (in Albermarle).

George Armstrong Custer, William Clark and Meriwether Lewis also resided in Charlottesville and their homes endure until today.

Charlottesville also provides an incredible number of sports amenities. These include six championship golf courses (Glenmore, Keswick, Old Trail, Farmington, Devils Knob and Stoney Creek). It also has a five-star ski resort (Wintergreen Resort), many professional equestrian, tennis, and swimming centers, and even rafting on the James River. The University of Virginia in Charlottesville was newly named the nation’s number one ranked public university. The university boasts of its well-known UVA Medical Center and Martha Jefferson Hospitals.

At the Charlottesville downtown area you can find the historic Charlottesville Downtown Mall. Various restaurants and specialty shops also abounds, however the downtown area is beloved for the indoor Charlottesville Ice Park, the Paramount Theater and the famous movie theater, The Jefferson. All these will be within walking distance if you buy Charlottesville real estate in the city.

Charlottesville’s public school system is one of the top in the state. The public school system has won national acclaim with its low student-to-ratio and its remarkable commitment to excellence. Aside from the University of Virginia for secondary education, Charlottesville has a strong public school system. A lot of teachers originate straight from UVA’s world-renowned Curry School of Teaching.

Purchasing Charlottesville real estate is now more affordable. You can now buy a home for 20% less than a year ago. The market in this area is very slow now which means it is a consumer’s market. While some vicinity of Albermarle County can be somewhat expensive such as Keswick and Earlysville, in general the region is classified as one of the most affordable places to dwell in the country.

Unemployment in the region is extremely low, and in 2006 the average house income was $45,000, while the average house value was $255,000. Definitely, now is the time to buy a Charlottesville real estate, not only a secure deal but a viable one!

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