UVA Foundation acquires another Ivy Road property and 45 other October 2022 transactions

What's happening with real estate sales in Charlottesville? Read through this list before your Thanksgiving gathering

Welcome to another summary list of property transactions in Charlottesville. I have been doing these monthly lists for almost two years as a way of better understanding the city I’ve been documenting for a long while now. I still have a lot to learn.

I started this after I wrote a series of article about a rezoning request on Booker Street in the city’s Rose Hill neighborhood that required research into land use records. I kept it up, and thought this was work people might be interested in. 

Since resuming writing about land use applications and policy in 2020, one of the main stories has been the adoption of a Comprehensive Plan update which resulted in a new document adopted in November 2021. The central theme of the update is to increase the amount of residential units across the entire city, especially in single-family neighborhoods. You can find all of my stories on this in the Land Use - Charlottesville section of Information Charlottesville.

How will this all manifest itself? What’s happening now? What will the market look like in a year?

None of what you’ll see in this summary has any claims about what will happen. I simply think it’s crucial to write down what is happening in the property market and to continue this work each month. But, I’m always interested in knowing what people think.

The details below will be available to paid Substack subscribers first and then will be posted to Information Charlottesville on Monday.  I am very grateful to the support of the audience and hope that many more of you will consider becoming a subscriber. If you do, Ting will match your initial payment.