A local real estate investment firm has been buying up land near Innsbrook for about a year and is rolling out plans for a 60-home project on 13 acres.
Residential Real Estate
A home built in 2008 fetched about $1.8 million in January, claiming the top spot of the area’s house sales last month.
A local builder plans to round out a 600-acre Chesterfield community with custom houses, taking the project over from a Maryland firm that walked away after building one model home.
A large local real estate brokerage is teaming up with an Oklahoma auction firm to give its clients a new route to a sale.
After circling the Hampton Roads area for a while, a large local home builder has landed in a 450-acre development in Virginia Beach and is starting work on its first project there.
Finally back in action after the recession, a residential development on one of the city’s largest remaining pieces of privately owned forestland is moving toward completion.
A general contractor is moving into an ownership and development role with plans for a 4.6-acre low-income residential project on the south side of the city.
Developers have converted the site of a home in Church Hill that clashed with its neighbors into two town houses that are more in line with the neighborhood’s style.
2014 was a huge year for high-end residential deals, and the home sales didn’t tail off in December. Ten properties sold for at least $1 million last month, with the most expensive nearing $1.9 million.
A home builder is starting off the New Year with plans for new waves of construction at three separate developments in the West End.