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Who Knew Elysium was in Lucketts?
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Elysium is the ancient Greek concept of the afterlife reserved for the righteous and the heroic. Village Green at Elysian Heights, with it’s views of Catoctin and Sugarloaf Mountains, does a great job of living up to its name. Located just off of Route 15, north of Leesburg, 1300 acres of conservancy land protect the rural setting.…
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How Much House for $400K
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Half way through February, and inventory in LoCo is still very low. If you are searching in the $400,000 price point, you currently have the lowest total of any range with 36 homes from which to choose. (As shown in the multiple listing service this morning, excluding all new construction.) Considering 661 homes sold in this range…
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Woodlea Manor & Hills 2012 Year in Review
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Typically less than 5% of the 467 homes in Woodlea Manor & Woodlea Hills change hands over the course of a year. 2012 was no different, 18 total sales were recorded which was three less than 2011’s total of 21. Sixteen of those sales were in Woodlea Manor, where an average sales price of $572,000 represented a very slight increase…
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LoCo News Wrap-up for February 8th
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This week’s news, notes, and nuggets for Loudoun: $1.83 billion budget for LoCo: The FY2014 budget for the county was presented to the Board of Supervisors this past week. Of note, the $1.23 per $100 assessed value should keep that property tax bill flat. The Cavalry is coming: After narrowing thousands of suggestions from local fans to three,…
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Does Refinancing Now Make Dollars & Sense?
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Sometimes the question isn’t whether or not to sell your home, but rather should you refinance your mortgage to make life more affordable in your current situation. Our good friend Scott Fournier of Integrity Home Mortgage offers these suggestions based on some of the new laws that have been established recently: Conventional loans (not government, not FHA,…
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Shenstone Market update
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Shenstone is one of those unique neighborhoods where not much happens on a yearly basis. Over the last four years, there have been an average of five sales. 2012 was no different with three standard sales, one foreclosure, and one new construction in Shenstone Reserve. The average sales price of $964,255 was up 3.4% when compared…
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The Hamlet at Wulf Crest Farm
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The Hamlet at Wulf Crest Farm is Steuart-Kret Select Homes’ first foray into Loudoun real estate and they are making a splash. I had never heard of the builder, the majority of their communities have been in Maryland, however after stopping by on Super Bowl Sunday and speaking with Tom West, the site sales manager,…
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LoCo News Wrap-up for February 1st
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Here are this week’s news, notes, and nuggets for Loudoun: Local Legend laid to rest: We didn’t know Mr. Rose as long or as well as some, but he still touched our lives. The local youth sports landscape would look very different if he were not involved and we are all sad to see him go.…
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Golf Community Spotlight on Lansdowne
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Last week I wrote about buying in a golf course community and it gave me the idea to highlight each community individually. With my experience from a golfer’s perspective, here’s my first shot (maybe pun intended?). Lansdowne Resort opened in 1991 with 18 holes of championship golf designed by Robert Trent Jones, Jr. The main attraction at…
About Our Blog
Michael and Heather Elias are full time real estate professionals and licensed REALTORS at Century 21 Redwood Realty. They sincerely hope you enjoy reading this blog, and would love the opportunity to work with you.
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