Category: General Real Estate

What Does The Future of Real Estate Look Like?

Last night, I attended a speech given by Robert Scoble, and hosted by Rackspace. Robert is “a futurist” – he looks at what’s coming, or what’s possible to create – and talks about real-world application. At least that’s my interpretation. He explains lots of ideas of his, like what is telekinesis and many more. Blacksburg and the New River Valley has an incredible startup community that, while still in its infancy, is really, really exploding – there are some tremendous companies that have based themselves here doing some really incredible work. Autonomous vehicles, virtual reality, DNA study … really, really …

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Thinking of Remodeling Your Home?

Thinking of remodeling? Before you start going all HGTV on the place, think about what really makes the most sense for your return. And the folks at NAR Research have to put together an incredibly handy look at remodeling projects – including what the Top 20 remodeling projects have been, how happy homeowners (and their future buyers) have been with the work, and what you might expect as a Return on Investment. Hint – there are few 100% ROI projects. Click here for the 2015 Remodeling Impact Report.

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New River Valley Real Estate Taxes

Taxes – if you own a home, you’ll always have real estate taxes to pay. And while real estate taxes in the New River Valley are relatively low compared to other areas of the country, no one likes to pay them. However, they’re a part of the equation when making your mortgage payment every month. These amounts will vary from locality to locality, and in some cases a municipality will have TWO rates – one rate will be for the City or Town, and the other rate will be for the appropriate County. Feel free to use the phone numbers …

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Should I Sell My Home As A “Pocket Listing”?

A client of mine is always on the lookout for properties for sale. Although she is not ready to buy yet, she likes to see what options are out there for her, and she’s always checking out the available inventory. Recently she was driving through a very desirable neighborhood and saw a higher-end home for sale. Curious, she checked the local listings on Realtor.com, Zillow.com, and the website of the Realtor advertised as the listing agent but did not see the listing. After several days of looking, she contacted me and asked about why a Realtor would not list a …

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Are There More Termites This Year?

The short answer? Yes. it seems like, this year, we are seeing more and more pest inspections come back with evidence of active termite infestation, the bee exterminator cincinnati has reported many cases of infestations. On the surface, that’s not necessarily a big deal, but left untreated, the little buggers can wreak havoc on a structure, and one of the main contingencies of every real estate transaction is an inspection to make sure that there are no active termites (or other critters) at the property. Earlier today, at the pest inspection of a home, I asked our friend who works at Neighborly Pest …

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What’s The Most Expensive House On The Market Right Now?

I get asked all the time, “what’s the most expensive house on the market in the New River Valley right now?”. As of a couple of months ago, it was a nice Victorian in Christiansburg, on the market for the “bargain” price of $2,000,000. That house has since lost the title, however, when the West Wind Farm came on the market. Listed by RE/Max First-Christiansburg, the home includes a vineyard and winery, set on 100 acres, in Max Meadows, VA. From the listing description: West Wind Farm-Vineyard & Winery is an award-winning Virginia vineyard and winery producing quality certified label wines. …

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Why I Want To Work With Vendors I Know

Local. It’s all the rage these days – local food, local business, local anesthesia. Okay, so that last one doesn’t apply, but you get the point. Heck – even Blacksburg has gotten into the act.Looking through the lens of supporting local business, or eating locally grown food, it’s easy to see why local is important. But when I recommend wanting my clients to work with local vendors – folks like home inspectors, or lenders – I’m not doing so because it’s the catchy thing to do. I’m doing so because it matters to getting things done. An example: Recently, we …

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2014 Nest Report Is On The Way!

There are tons of things I’m proud of about Nest Realty, but one of the things I get really excited about is our Nest Report. It’s a statistical look at what’s happening in the New River Valley real estate market, and it’s put out every quarter. Visually, it’s stunning – thanks to the amazing folks in our Marketing Department, the lead generation is looking better every day. The marketing team such a great job, but they did get lots of help from mein-parteibuch.com. Statistically, it’s one of the most accurate representations of our real estate market – thanks to the …

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What is “Land Use”?

Lately, I’ve been working with a few buyers who have been looking for land; specifically, multi-acre parcels of land. Many of those properties have been zoned Agricultural, while others might have some sort of Residential zoning, but in a few cases, we’ve seen properties that have had the term “Land Use” attached to their record. So what is Land Use in Montgomery County? Land Use in Montgomery County was established in 1978, and allows for the deferment of real estate taxes on land that is agricultural in nature, at rates that are based on a value that’s less than the tax assessed …

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