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How Much House for $500K in LoCo?

Highlands model 3

  The Spring market is in full swing and inventory in LoCo is still very low. If you are searching in the $500,000 price point, there are currently 42 homes from which to choose, just over one month's worth of inventory. (As shown in the multiple listing service this morning, excluding all new construction.) The average home in … [Read more...]

LoCo Photo: Take a Back Road

LoCo photo 3.15.13

Off of Harmony Church Road, in Hamilton... … [Read more...]

Hello LoCo… the “Goodbye Tax” is Back (Updated)

LoCo News

Last Saturday, the Virginia General Assembly passed a new transportation bill (HB 2313) to help fund the states road systems. Part of the package is a 250% increase in the Grantor's tax, the tax all Virginians pay when they sell a home or business property. About 4 years ago Heather wrote about the reduction of the Grantor's tax from $5 per … [Read more...]

Lowry’s Crab Shack

Lowry's 1

When you grow up on the eastern shore of Maryland, fresh seafood is just a part of life. Heather's grandfather owned a few crab pots, and she will be the first to tell you they taste much better when cooked 20 minutes after they come out of the water. So trying to find a place three hours from the ocean that could keep up with those standards … [Read more...]

2012 LoCo Market Recap

Leesburg Courthouse in Autumn Glory

2012 saw an improvement in every measurable area for home sales in Loudoun County. Let's take a look at the key statistics and see what they tell us. Median sales price for single family homes was up to $533,641, the highest value since 2007 checked in at $644,924. This represents a 2% increase over 2011's median sales price of $523,666 … [Read more...]

LoCo Luxury Homes…Still Selling

Loudoun Luxury Homes

  Back in January, I wrote a post about the luxury market in Loudoun, the $1 million-plus homes, that also ran in the Washington Post's real estate blog. At the time, I pointed out that the luxury market seemed to be rebounding, with the overall number of million dollar homes sold rising from 50 homes sold in 2010 to 62 in 2011. When I … [Read more...]

What I Love About Western LoCo

Western Loudoun

Because this little corner of the web has much to offer in the way of Loudoun photographs and thoughts on living here, I often hear from folks who are considering a move. Last week, I spoke with a couple that are thinking about Purcellville and western LoCo for their next abode; they would be moving from Maryland. With a free Saturday to come … [Read more...]

Be Still My Heart…

Victorian architecture

Victorian architecture makes my heart sing. I have a new construction house that was built to look like a Queen Anne Victorian, wrap porch and all.  That clipping pictured above, from the newspaper in my hometown, depicts the dream home I'd love to build...someday. There's just something magical about those wraparound porches, the upstairs … [Read more...]

Here Come the Listings?

Loudoun homes for sale

If you've been reading the posts here for the last couple of months, you've heard me repeat over and over that we do not have a lot of available homes for sale on the market here in Loudoun.  Given that we are now in the first week of March, we should be hearing the stampede of listings approaching in the distance like a thundering herd of … [Read more...]

Is Your Tax Assessment Correct?

Spring in Ashburn

Are you thinking about selling this spring? Or do you just want to make sure that your new property tax assessment matches up with market value? This should help: here's the data for single family homes in Loudoun. If you want information targeted directly to your home and neighborhood, click here to schedule a consultation or sign up for an … [Read more...]