Charlottesville has everything for everyone. Situated in the spectacular countryside at the foot of the Blue Ridge mountains, it offers a lot of amenities and above all a relaxation spot. Something that we all crave for after all the stress of 2020. In just 10.3 square miles of land, significantly smaller than most, it provides you with the best experience that other large and more urban places also give. Basically, you’re not missing out on anything.
Almost 100 miles away from the capital, Charlottesville is the perfect escape from the hustle and bustle. You get the rare feeling of simplicity that in this age of urbanized communities has become a luxury that most cannot enjoy.
So if you want that experience that freeing feeling, go ahead and take a scroll at the luxury homes for sale in Charlottesville, VA.
What are luxury homes?
Luxury homes are places of space and comfort. For most high-end buyers, the cost is not even the consideration. A million dollar price tag is nothing compared to the peace that it gives them.
These luxury homes are most of the time defined by its elegant and magnificent architecture. For cities, there are stylish and modern homes. On the other hand, for the suburbs you have a wider range of options with the majority belonging to more country styles.
Aside from the architecture, these luxury homes also have, of course, luxurious interiors and amenities as well custom-finishes. Starting from the outside features, more often than not there is a pool and landscaping area and a patio for outdoor entertaining space.
On the inside, there is a large space to also receive guests and enjoy bonding sessions with family and relatives. The house is furnished with exotic hardwood floors or expensive mosaic and stone tiles. Open kitchens are also very popular with state of the art appliances.
Aside from that, two of the best features that most people covet in luxury homes are the walk-in closet spaces and a soaking tub. Surely you’ve seen these in celebrity homes, too.
Location to look for when searching for a Luxury Home in Charlottesville, VA
But architecture and features are not the only determining factors of a luxurious home. Location also gives additional value to these properties. For example, a luxury home becomes more expensive as its distance from major cities shortens. That is, there is higher demand for these homes because of its proximity to opportunities in the city.
It also depends on the level of development of a community. For some like McLean which is only just a couple of miles away from D.C. and home for high-ranking government officials, diplomats, and military, luxury homes are expected to be very expensive.
In fact, the most expensive luxury home nicknamed The Falls which had been sold for $45 million is located in McLean!
Last but not the least is accessibility. Some neighborhoods are generally very accessible located near major highways or metro stations for commuting.
Are these luxury homes a good investment?
Definitely. In general real estate properties are good investments. That is you can expect its value to appreciate over time. It’s even considered to be a steadier investment than stocks. And even today amidst the struggling economy due to the lockdown, the real estate business specifically high-end real estate is experiencing an upward trend.
According to economists and real estate watchers, this boom is driven by individuals and families looking for secondary homes. Especially now that there are many placed restrictions, a secondary home can serve as a non-traditional way of changing the environment for unwinding.
According to Danielle Hale, chief economist of Realtor.com, “Stay at home orders and social distancing have put a value on the extra space.” She also added, “We’re seeing this in the luxury market as well which could mean there is renewed interest from high end buyers to find a second home that is within driving distance from their primary residence.”
Another is that with companies announcing extended and even permanent work from home setups, more house hunters are looking for luxury homes specifically for its spaciousness and comfortability.
This just shows that despite economic downturns, luxury homes remain its good market value.
Why purchase from luxury homes for sale in Charlottesville, VA
As one of the wealthiest naturescape, Charlottesville offers the best place for that secondary home you’re looking for. It can even be as good as a primary residence if you’re permanently working from home. Imagine waking up to a breathtaking nature view, we’re sure that it will make your mornings better before “going” to work.
Charlottesville is located in the center of the Virginia Commonwealth along the Rivanna River just west of the Southwest Mountains. It also parallels the spectacular Blue Ridge just 20 miles to the west.
You can enjoy activities like hiking, canoeing and kayaking on the Rivanna River, and skiing and snowboarding the slopes at Wintergreen.
It served as home to presidents Thomas Jefferson and James Monroe. Aside from that, you can also find here the National Radio Astronomy Observatory headquarters, the Leander McCormick Observatory and the CFA Institute. It is also served by two area hospitals namely the Martha Jefferson Hospital built in 1903, and the University of Virginia Hospital.
Investing in Luxury Real Estate
There’s also a wide range of opportunities here with large employers like Crutchfield, Emerson Automation Solutions, PepsiCo and SNL Financial. Investing in a Luxury Real Estate requires an top real estate agent in VA to help throughout the process.
If you’re looking for quality education without having to be in the city, you have the University of Virginia right here at Charlottesville’s southwestern border. There’s also Monticello just 5 miles southeast of the city which has been named a UNESCO World Heritage Site and continues to be one of the most dazzling tourist destinations. In fact, it attracts thousands of tourists every year.
In 2017, Charlottesville was named by the National Geographic and Gallup 2017 as the 3rd happiest city in the US!
If you’re thinking of relocating here to start a new chapter of your life, you can check out our listing for luxury homes for sale in Charlottesville, VA.