During my original 2008 update of my website and start of this blog  I wrote several posts about local subdivisions. This is a update showing the 2009 Lynchburg MLS sales history of lots within those subdivisions and the current availability of lots. Data for this information was taken on December 31, 2009. The “Price Range” and “Acreage [...]

Filed under: Central Virginia, Statistics, Subdivisions on February 5th, 2010 | No Comments »

With the second quarter of 2009 topping out with over 1000-lots that are six acres or less; the market still favors the purchaser. My prior post 2nd Quarter Sales: More of the Same goes into the sale’s statistics. This post focuses on all subdivisions that show up in the Lynchburg MLS that have more than twenty [...]

Filed under: Buyer, Central Virginia, Education, Out-of-Town Buyer/Seller, Statistics, Subdivisions on August 13th, 2009 | No Comments »

To understand the development of Leesville Lake it is important to have some knowledge of the local history. Leesville Lake is one of four lakes created during the 1950’s and early ′60’s when the Roanoke River, also known as the Staunton River, was dammed to create electricity for the growing South. These man-made lakes: Bugg’s [...]

Filed under: Bedford County, Buyer, Campbell County, Central Virginia, Lake Property, Out-of-Town Buyer/Seller, Seller, Statistics, Subdivisions on May 29th, 2009 | No Comments »

Before looking at current listings it is good to review sales data for previous years. Currently, I have eleven years, 1998 - 2008, of data. For review we will look at this data at these intervals, 1998, 2003, and 2008. - Also, having eleven individual chart lines would look like an abstract painting.

(Figure 1)
In Figure [...]

Filed under: Bedford County, Buyer, Central Virginia, Education, Out-of-Town Buyer/Seller, Seller, Statistics, Subdivisions on March 23rd, 2009 | No Comments »

This past week I received an email from the National Association of Realtors. They had received a request from the Federal Reserve of Richmond wanting to know if land was being foreclosed in Virginia. My response was that I knew of only one subdivision, Jason Anthony,  within the Lynchburg area that the banks took action. [...]

Filed under: Buyer, Campbell County, Central Virginia, Education, Subdivisions on March 12th, 2009 | No Comments »

What visual information do you need to purchase land? Visual tours have been an important tool in the sale of residential homes. For land, I try to create visual tours that give you an overview of the site. If you have a tract that is 100% wooded you do not need ten photos taken of trees, all [...]

Filed under: Amherst County, Appomattox County, Campbell County, Central Virginia, Out-of-Town Buyer/Seller, Subdivisions on March 1st, 2009 | No Comments »

If you are looking to purchase a lot that is under six acres; you are in the drivers seat. The Lynchburg MLS shows 907 active listings in this range. They have an average 258-days on the market. This is 68-days higher than comparable sales for 2007.
Another reason you are in the drivers seat is that [...]

Filed under: Central Virginia, Education, Statistics, Subdivisions on January 7th, 2009 | 2 Comments »

With all the press about our economy I’ve been looking forward to reviewing sales data on Central Virginia’s land. I am constantly reminded that real estate is a local commodity and that positive or negative press on a national level may have no effect on us. The data that I’m reviewing comes from the Lynchburg’s [...]

Filed under: Buyer, Central Virginia, Education, Seller, Statistics, Subdivisions on January 5th, 2009 | No Comments »

When I look at land I want to put myself in the Seller’s shoes. I want to see why it is priced the way it is. Looking at lots is a great way to study the mind of the Seller. You will find many different prices in a subdivision. Prices change because of lot size, [...]

Filed under: Buyer, Education, Seller, Statistics, Subdivisions on December 14th, 2008 | No Comments »

By far this is the area’s best subdivision. It has exactly what you want. There is no need to look any further. I have my Accredited Land Consultant (ALC)© designation and can make this claim. Most likely I have pulled some of you in and you are now waiting for the name. Sorry, I can’t [...]

Filed under: Education, Statistics, Subdivisions on November 7th, 2008 | No Comments »