One of my sons has been looking at buying a piece of land west of us, and in his checking comparative listings, he came across this home, listed for sale by owner, just fourteen hours ago. It is located in a county just forty- five minutes from world class health care at the University of Virginia Medical Center, in Virginia It is twenty five minutes from a Super Wal-Mart. Otherwise, it is a rural county with a small town feel.
There are lots of real estate opportunities available right now. People are trading up, moving out, or acquiring before the financial landscape gets any crazier. (No, I don't see improvements in the economy either.)
$236900 / 3br - 2100ft² - Virginia Home and Hobby Kennel
2100 Sq, Ft. heated; plus 2-1/2 car garage; 320 Sq. Ft. deck with retractable awning; 3.5A beautiful wooded lot; vaulted great room (living, dining, kitchen); stove, dishwasher, ref, W/D and some drapes convey; 60% of carpet two years old; Natural Hickory hardwood floors and kitchen cabinets with breakfast bar; 400 Sq. Ft. Kennel Room with flourescent lighting for grooming, 5 indoor / outdoor runs and set up for 6 additional indoor pens - kennel designed for small to medium breeds and accommodates up to 15 dogs; two separate 12'x16' isolated fenced areas off kennel for visiting dogs and / or bitches; dog wash tub in Utility Room; low taxes; highly rated schools with brand new 1 year old $75M high school. 420' deep sweet water well; septic tank recently pumped; wired for 5KW generator (included); well maintained; all electric home - total annual utility bill is less than $2000. Small Kennel license ($40 annually up to 25 dogs) has been maintained continuously for 20 years. Large kennel license up to 50 dogs available for $50 per year.
To contact seller: Email only at:
dk9p5-4281931471@hous.craigslist.org
I believe it has also been listed with licensed real estate agents.
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This is another listing I noticed
$229900 / 4br - 3148ft² - 4 Bedroom Brick Home on 8 Acres, Completely Updated (Nelson Co) (7611 Patrick Henry Highway, Roseland, VA)
Four Bedrooms, Two Baths, Built in 1995, updated Summer 2013, Modern Kitchen with Stainless Appliances, Solid Surface Counters, New flooring (Hardwood, Berber Carpet, Tile), Central AC, Energy Efficient Windows, New Lighting throughout, French Doors to new Deck and Patio, Master Suite with attached Bath with Jetted Tub and Separate Shower, Large Living Room, Formal Dining Room, 8 Acre Wooded Lot on Hilltop location with Winter Views. Too much to list here.
Large full basement |
Tour Anytime: call Owner for access code (540) 942-3279
Location:
- 11 miles to shops at Nellysford
- 16 miles to top of Wintergreen Resort
- 28 miles to Lynchburg
Schools: Nelson County Schools
Download printable flyer: http://www.myhomeflyer.com/Flyer_PatrickHenry.pdf
See more pictures: http://www.myhomeflyer.com/PatrickHenry/index.html
Call owner for info or for a tour: (540) 942-3279
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Of course, I have no financial interest in either of these homes, and I do not know the sellers.
Even after these homes have sold, I will leave this post up, so that people can see the type of listing which exist, in both rural Virginia and most other places in the country. If you seek a more rural place, in ALL price ranges, this might be the time to do it.
Update: Both of these homes have now sold, but the point of the post is the same. There are always opportunities no matter what the situation.
4 comments:
The housing market in our area also has some great buying opportunities as well. We are closing on a 2340 sq ft one level house in a great neighborhood [still suburbs though] for $168K. I believe that inflation will start to rise, so buyer a house makes good senses for tangible real estate. I'll have a new post soon after we close.
I have my eye on a property also, it's a funky place that would suit me to a tee and would sell for a lot less than what your son is looking at. But I won't buy another place unless I could pay cash for it, no payments for me.
Good job. I have always made money in real estate, in all types of economies. I think we still need to buy when we need to, but be careful doing so. Best wishes !
My son also plans to pay cash. He is buying a two acre lot and will worry about building later. If things change too much, he can sell, and then use that for a start somewhere else. Good luck with your subject property !
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