Archive for the ‘Residential Real Estate’ Category

Second Quarter Sales Remain Steady

Tuesday, July 6th, 2010

Residential Sales in Old Trail Village remain strong through the Second Quarter of 2010, ending the period with a total of 41 sales since the start of the new year.  Leading the sales are new home builders Craig Builders and Piedmont Realty and Construction. New additions to the Old Trail Builders Guild, Summit Custom Homes and Southern Development have also seen keen interest in their new products, with presales generated by a favorable response to their new models.

Resale rates have also improved, with average cumulative days on the market (CDOM) reducing through the second quarter to just 105. Rentals also remain strong, as many buyers of new construction prefer to move to Old Trail Village while construction is underway on their new home. Apartments in the Old Trail Village Center are fully leased with a waiting list, and the town homes available for rent in the Ballard Field area are similarly continuously occupied.

Due to increased demand for new home sites, the Developer has released additional inventory in the Creekside neighborhood. Both Ballard Field and Upper Ballard areas are completely sold out from the Developer. Adjacent to Ballard Field, West End Square has a few remaining home sites, as does Carriage Park.

For the most accurate and real-time information on availability in Old Trail Village, visit the real estate section of the Old Trail Village website:  www.OldTrailVillage.com/RealEstate.

To arrange for a tour of Old Trail Village, please contact the Welcome Center, 434.823.8100, info@OldTrailVillage.com.

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Posted in Apartments, Beights Corporation, News, Real Estate, Residential, Residential Real Estate

Sales Remain Strong

Monday, June 7th, 2010

Old Trail Village continues to produce consistent sales through the typically busy spring and into the second quarter of 2010.  As of 2 June 2010, there are 34 residential units under contract or sold within the community since 1 January 2010.  Land sales continue to support the new construction market; of the 34 residential sales, 27 are for new construction.  In addition to the sales of new homes listed in the MLS as under contract or sold, sales of an additional 9 home sites have been entered into the MLS, with more on the way.

Of note, Beights Corporation, developer of Old Trail Village, sold its remaining two home sites in the Upper Ballard section of the community.  Of the available lots in Ballard Field as of 1 January 2010, only 1 remains available for purchase from the developer.  Home sales in West End Square are continuing at a brisk pace with new home products under construction from several members of the Old Trail Builders Guild.

Attention is turning now to the Creekside neighborhood, which offers residential products beginning in the $500,000’s.  Also upcoming are the home sites in the newest phase of Old Trail Village, Village Commons.  Site work is underway on this section, located south and east of the Old Trail Village Center.  Village Commons will incorporate single-family detached homes, town homes, and an apartment building.  Residential products will be available starting in the low $200,000s.

For more information regarding real estate sales in Old Trail Village, contact Beights Corporation, www.Beights.com, 434-823-2003.

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Posted in Beights Corporation, News, Real Estate, Residential, Residential Real Estate

Old Trail Featured on WINA Show

Tuesday, June 1st, 2010

Justin Beights, developer of Old Trail Village, joined Wes Kent of Real Estate III and Craig Builders on Michael Guthrie’s local radio show “Real Estate Matters,” Saturday, 5/22/2010.  Click on the link below to hear the podcast of his appearance, and hear a bit more about the new Village Commons and other new phases in Old Trail Village.

WINA 1070, “Real Estate Matters” with Michael Guthrie.

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Posted in Beights Corporation, Old Trail Village, Real Estate, Residential Real Estate

Old Trail Village in the News!

Monday, May 17th, 2010

NBC29 has posted a story regarding the amazing residential sales so far in 2010 for Old Trail Village:

http://www.nbc29.com/Global/story.asp?S=12494827

Henry Graff accurately reports that sales in Old Trail Village significantly exceed last year’s figures from the same time period, particularly for homes under $300,000.

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Posted in Beights Corporation, Crozet, News, Old Trail Village, Residential, Residential Real Estate

Home Sales Match 2009 TOTAL!

Wednesday, April 14th, 2010

Beights Corporation, developer of Old Trail Village, is pleased to announce that, as of this week, the total residential home sales thus far in 2010 has matched the total home sales from 2009.  2009 home sales were 29% greater than in 2008.  Additional sales of homesites are on-pace to exceed last year’s number as well (a 125% increase over 2008).  The residential sales figure includes new homes as well as existing residences, reflecting a range of styles and price points and a strong market for our current home owners.

“Our builders are working as fast as they can to satisfy demand, bringing new home products to Old Trail Village.  It appears that the market has really recovered, as people choosing new construction are experiencing steady sales of their former homes, making the process of buying a new residence easier than over the past two years,” said Justin Beights, President.

Home sales in Old Trail Village have been bolstered by the addition of a new townhome product offered by Craig Builders.  The units, located next to the Old Trail Swim Club on Old Trail Drive, start at $239,000 and offer the high-quality finishes that Craig Builders is known for throughout the area.  Single-family detached homes well suited for first time home buyers, offered by builders Eagle Construction and Piedmont Realty and Construction from $299,000, have also supported the current rise in home sales.

Site work has begun adjacent to the Old Trail Village Center on a new section of single-family homesites and town homes.

To view available real estate in Old Trail Village, visit our website:  http://www.oldtrailvillage.com/realestate.html. Below is a quick montage of our current homes under construction throughout the community.

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Posted in Beights Corporation, News, Real Estate, Residential, Residential Real Estate, construction

New Builders Join Guild

Tuesday, April 13th, 2010

Beights Corporation is proud to announce that two esteemed builders have joined the Old Trail Village Builders Guild:  Southern Development and Summit Custom Homes, both based in the Charlottesville, Virginia, area.

Summit Custom Homes and Southern Development are creating a variety of new housing products in Old Trail Village, at multiple price points. Their choice to join Old Trail Village is a testament to the on-going success and stability of this community.

Southern Development has been building in Albemarle County for years, and their success has been proven across a variety of housing products. Since 1999, Southern Development has built homes in subdivisions across Albemarle, Greene, Louisa, Fluvanna, and the City of Charlottesville.

Spanning two generations of home builders, Summit Custom Homes is the area’s only Southern Living builder.  Of the addition of Southern Living homes to Old Trail Village, Justin Beights, President of  Beights Corporation, said, “The Southern Living building tradition is well-respected, with a variety of plans and home styles available.  The quality of Summit’s construction combined with the Southern Living plans will be an attractive addition to our community.”

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Posted in News, Old Trail Village, Residential, Residential Real Estate, construction

Roy Wheeler Joins Team

Friday, July 17th, 2009

beights_bc_corppration-small

Beights Corporation is pleased to announce a new partnership with Roy Wheeler Realty Co. for lot/land sales in Old Trail Village.  Led by land sales specialist Steve White, Roy Wheeler and Virginia Fine Properties brings years of experience as a leading land sales team.

“It takes a special person to help prospective buyers identify the right lot for the home they want to build.  Steve brings that talent and expertise, and we’re confident that he’ll serve our lot buyers well,” said Gaylon Beights, President, Beights Corporation and leader of the Old Trail Village development team.

According to Steve, “Old Trail Village is a great community, with opportunities for homeowners ranging from first-time home buyers to those moving into estate-style custom homes.  Old Trail really has something for everyone.”

In a reflection of an upswing in real estate sales, Old Trail Village has seen several lot sales in the past 3 weeks, along with the sale of a home by Craig Builders.

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Posted in Beights Corporation, News, Old Trail Village, Real Estate, Residential, Residential Real Estate

Tax Credit Works in OTV!

Wednesday, July 15th, 2009

Old Trail Village was privileged to host our Congressman, Tom Perriello, Monday at a press event highlighting the use of the First Time Home Buyer Tax Credit by a new resident, Brent Yowell.

News coverage was provided by the Crozet Gazette and Daily Progress, among others.  Read their stories at the links below.

Crozet Gazette

The Daily Progress
 This article has a nice explanation of the tax credit and its availability.

Here are some images I snapped while attending the event.

Congressman Tom Perriello speaks with a reporter from WVTF Public Radio

Congressman Tom Perriello speaks with a reporter from WVTF Public Radio

CAAR President Michael Guthrie (Managing Broker for Roy Wheeler Realty Co.) addresses the media.

CAAR President Michael Guthrie (Managing Broker for Roy Wheeler Realty Co.) addresses the media.

From left: Rep. Perriello, Michael Guthrie, Brent Yowell, Justin Beights, Gaylon Beights.

From left: Rep. Perriello, Michael Guthrie, Brent Yowell, Justin Beights (VP), Gaylon Beights (President). Beights Corporation is the Owner/Developer of Old Trail Village.

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Posted in Beights Corporation, News, Old Trail Village, Real Estate, Residential, Residential Real Estate

Spring Events: 3/21

Saturday, March 21st, 2009

Spring has arrived in Old Trail Village and we have events to celebrate!  The weather should be rain-free, so come out and enjoy the community life of Old Trail Village!

Saturday, 3/21

8:55 - 9:55 a.m. Old Trail Village Youth Soccer Group.  Gather on the Western Park Field in Old Trail Village; the Information Center will be open for those needing restroom facilities and/or coffee.  Snack will be provided at the conclusion of the session by the Old Trail Team.  T-shirts for the players will be provided next Saturday, 3/28, so be sure to register your child to ensure provision of a t-shirt.  We have 4 teams of children 3 1/2-5 years of age, the: Rockets, Comets, Meteors, and Blasters!  If you want your child(ren) to participate, please join us!

1 - 4 p.m. Parkview Grand Opening Event! BBQ lunch catered by Big Jim’s BBQ.  Prizes for attendees, including: a trail tour from Seg-Ville, free coffee beverages from Trailside Coffee, free golf at Old Trail Golf, and the grand prize - an 8 week membership to ACAC!  We’ll also have the “putting green” setup for visitors of all ages to try their hand at winnig a special prize!  Tables will be setup on The Common for lunch in front of the newly completed Parkview series model home on Lot #69; tours of the new home will be offered throughout the event.

Sunday, 3/22, 1-4 p.m. Open House Tours If you cannot make Saturday’s lunch and tour event, the Parkview Series is this week’s featured home!  In addition to this new home in Ballard Field, other available homes in Old Trail Village will be open for touring.

For more information about these and other events in Old Trail Village, contact
Andrea Sarate, andrea@oldtrailvillage.com, 434.981.4339.

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Posted in Events, Old Trail Village, Real Estate, Residential, Residential Real Estate, park

Parkview Grand Opening Event!

Thursday, March 19th, 2009

The public is invited to view the newest completed home in Old Trail Village, the Parkview by Craig Builders at a special Grand Opening event Saturday, 3/21, 1-4pm.

Residents and visiting families are invited to enjoy Big Jim’s BBQ, games, prizes, and tours of the new home this Saturday.  We’ll be giving away lots of prizes, including a Segway Trail Tour from Seg-Ville, and an 8-week Resolutions Membership to ACAC!

For more information about this event, contact the Old Trail Team: team@oldtrailvillage.com, 434-823-8101.

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Posted in Events, Old Trail Village, Real Estate, Residential, Residential Real Estate