Charlottesville real estate is highly desirable for many reasons. The history in this wonderful, pastoral area of Central Virginia is unsurpassed. Thomas Jefferson, James Monroe, James Madison, Theodore Roosevelt, Lewis & Clarke lived here and have changed our lives for the better. There are numerous Charlottesville historic homes that bear traces of Jefferson’s fine work.
Most luxury Charlottesville real estate is designed around equestrian communities. Farmington Country Club and Glenmore Country Club are the two most attractive.
The University of Virginia is located here and, as it is almost every year, it is the number one public university in America. Many Darden Business School students purchase Charlottesville real estatenear campus and live in them for two years then flip them for a profit. This is definitely a smart move today with the Charlottesville real estate market being so depressed. Like most small cities in America, the average price of a Charlottesville home is down about 13%. Luxury Charlottesville homes have been harder hit and down about 17% but ballon mortgages are changing the scenario.