Residential Real Estate

Matt Paxton is getting back in front of the camera.

Two decades after it was spared from neglect, a restored Monument Avenue house is set to cash in on the fruits of its owners’ labors, hitting the market with an assessed value nearly 10 times its previous purchase price.

Houses are starting to spring up in a new residential development on land in Hanover County that had been in limbo for years.

As proposed rules for short-term residential rentals head to Richmond City Council later this year, a clearer picture of public sentiment on the issue is being gleaned from survey results that could end up being used to reshape the regulations.

One of the largest tracts of residential real estate along western Henrico’s River Road corridor hit the market over the weekend, in what is by far the priciest suburban home listing in the area in recent memory.

The nearly $3 million purchase of a 12,000-square-foot mansion overlooking the James River eclipsed all other Richmond-area home sales in July, coming in more than $1.5 million above the next-highest sale in a month that was full of million-dollar deals.

A collection of new residential uses on a former Christmas tree farm in Chesterfield is beginning to take shape, with plans filed this month for more than 200 apartments.