Residential Real Estate

Former Genworth CEO lists West End mansion for $6M

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The former CEO of a local Fortune 500 is selling his Cary Street Road home for just under $6 million. Michael Fraizer, former chief executive of Genworth Financial, put his 8,200-square-foot Tudor-style home at 5115 Cary Street Road on the market June 3 for $5.97 million. The 3.4-acre property in Richmond’s West End was listed… Read more »

Kinloch scores two more top home sales

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Goochland County’s Kinloch community continues to rack up some of the Richmond area’s highest-priced home sales. The lakeside community sandwiched between the Kinloch Golf Club and Hermitage Country Club saw two of the top five home sales in May, according to data from the Central Virginia Regional Multiple Listing Service. The top seller was 835… Read more »

Homearama begins in Hallsley

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An indoor spiral slide. A secret cigar parlor. A climbing wall. A practice golf green. Yes, we’re talking homes here. Those are some of the standout features showcased in this year’s Homearama, which kicked off this weekend in Chesterfield County’s Hallsley community and continues daily through June 19. The annual event features nine custom homes… Read more »

Eagle arm rebrands as Precision Realty

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The residential resale arm of a Richmond real estate behemoth is leaving the nest – but not the tree – of its parent company. Eagle Realty of Virginia, part of a family of real estate firms under the Eagle banner, has rebranded as Precision Realty. The 10-person brokerage has moved out of Eagle’s headquarters at… Read more »

Another out-of-town homebuilder wants a piece of Richmond

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What started as a request for advice from a local homebuilder has lured a Delaware-based builder to the Richmond market. Schell Brothers is preparing to start work locally, making its first expansion southward with the help of Shane Burnette, co-founder and former partner of Midlothian-based Perkinson Homes. Burnette, who is leading the local effort as… Read more »

Housing group awards Golden Hammers

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Four local revitalization projects were recognized with Golden Hammer Awards by the Better Housing Coalition at an event last week. The annual awards, which recognize contributions to thoughtful revitalization of Richmond-area neighborhoods, went to developers behind a restored 19th-century building in Church Hill, a modernist house in Jackson Ward, a preserved house in Union Hill,… Read more »

West End home listed for $2.75M

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  Two years after they purchased it, a local couple has listed their West End residence for $2.75 million. The 5,700-square-foot home at 210 Virginia Ave. in the Westmoreland Place neighborhood was listed Monday by Lucy Williams of The Steele Group | Sotheby’s International Realty. Property records list the owners as Douglas R. Cornell Jr…. Read more »

Local home buying startup cuts deal with Realtors group

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A local real estate startup that recently picked up some national press has secured an agreement with its hometown Realtors group. Nestiny, a website for homebuyers and real estate agents, has struck a deal with the Central Virginia Regional Multiple Listing Service to provide member agents with discounted access to its platform and services. Members… Read more »

‘In this business, you’re never really comfortable’

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After seeing its sales volumes plummet along with the recession, a local homebuilder-developer is picking up its former pace with new construction and additions to its lot inventory in several neighborhoods. Chesterfield-based Emerald Homes is starting work on new sections in three of its own developments – Walnut Creek in Powhatan County and The Oaks… Read more »