The year in high-end residential real estate saw a new listing claim – albeit temporarily – to the title of the most expensive home for sale in metro Richmond. It also saw millions of dollars’ worth of real estate change hands in transactions that made headlines throughout 2018.
Residential Real Estate
Two West End home sales hover around $2M mark
Two of the biggest home sales of 2018 came in within days of each other in December, closing out the year with transactions at or near $2 million apiece.
Construction underway on townhomes near Parham and Broad
Two years after its initial phase was approved, and nearly four years since the project was first proposed, the first units of a nearly 200-townhome complex off Parham Road in Henrico are beginning to take shape.
Monument Ave. home back on market at $2.2M
A Monument Avenue home that sold this summer for $1.5 million is up for sale again, this time with a higher asking price.
Settlement reached in Oliver Lawrence bankruptcy case
Ten months after he was accused of a scheme to defraud creditors in a bankruptcy case, a notorious Richmond landlord has agreed to a settlement that federal regulators expect to secure payment to those he owes.
Josh Romano files for bankruptcy amid legal losses
Facing two court rulings against him and upwards of $750,000 in reported debt, a once-high-profile local house rehabber has filed for personal bankruptcy protection.
November’s top 5 home sales eclipse $1M mark
The weather may be frigid, but the local high-end home market stayed hot last month, with each of the top five most-expensive sales fetching seven-figure prices.
Local duo bringing national homebuilding brand to Richmond
A homebuilder and real estate broker are teaming up to bring a Florida-based custom builder’s designs to the local market – and they’re digging in first at Tuckahoe Creek.
Fan house restoration makes room for three new homes
After three decades restoring dozens of century-old homes in and around the Fan, a prolific local builder is adding something new to the neighborhood with his latest project.
Modern-style homes to fill suburban development’s next section
A Midlothian-area community known for its collection of primarily Craftsman-style homes is looking to introduce an architectural style not typically seen in metro Richmond’s outermost suburban rings.