Resources for Potential Homebuyers in Nelson County

There is no question that buying a home can be a daunting process. Sometimes it’s also just hard to navigate where to begin, especially in challenging economic times. So, why not take advantage of the many resources in the area that can help.

One local resource we recommend is Piedmont Housing Alliance. Their approach to homebuying is very holistic, offering free courses in financial education to become more mortgage-ready as well as homebuyer education courses once you are ready. They also have great general resources on homebuying on their website, including a 21 Step Homebuying Guide. You can also sign up to work one-on-one with a housing counselor who can guide you through the steps to home ownership. Have a look at some of Piedmont Housing Alliance’s upcoming offerings here.

Another resource is Virginia Housing’s free homebuyer education classes, offered on a quarterly basis, both in-person and online. Virginia Housing, formally the Virginia Housing Development Authority, has been helping Virginians attain quality, affordable housing since 1972. 

Renaissance Ridge encourages aspiring homebuyers to connect with Piedmont Housing Alliance, and is excited to be offering future workforce housing options in Nelson County. 

CAAR 2021 2nd Quarter Home Sales Report

The latest report from CAAR shows another year of a strong real estate market and demonstrates the need to have a diversity of housing options to serve Nelson County residents. The second quarter median sales price in Nelson County was $285,000, a 10% increase from last year, which is a $25,000 price gain. Home prices have been trending up in the county consistently since the beginning of last year. A sign of high demand and low inventory in the area, the average days on the market for homes in the $200,000-$500,000 range is less than 20 days.

Thanks to CAAR for this comprehensive report that can be downloaded here.

Renaissance Ridge Works with Terra Engineering and Other Consultants This Summer

Thank you for your current or continued interest in Renaissance Ridge.  We have been on the ground busy this summer with multiple facets of the development and are excited to announce that we are nearing the final stages of mapping out the different phases of the Renaissance Ridge neighborhood.

With this in mind, we look forward to sharing more with you soon on what Terra Engineering Solutions and other consultants have helped us envision for the different phases of the project.  They have done an excellent job in offering sound advice that embraces our original vision and commitment to develop a special intergenerational community made up of cottages, homes and condominiums where design matters, the environment matters and where people matter. 

Besides a general update to the community and identified stakeholders in the coming month, we will be meeting in small focus groups with potential homebuyers to listen and learn about their particular needs and wants, regarding detailed housing plans, etc.

Stay tuned for more information on our upcoming broad community virtual update meeting in September! The Zoom link will be available soon!

Sign up here to receive e-news from Renaissance Ridge to stay on top of the latest developments. 

Zoom Open Houses to learn about Renaissance Ridge!

Hello and Happy Springtime!

Are you interested in buying a home, downsizing, or learning more about the Renaissance Ridge community? We are in the final stages of planning this unique community, and will be hosting a series of Open House Information Sessions to share the current status of Phase 1 as it's envisioned and to further understand the needs and preferences of the greater community.

You are invited to register for one of the upcoming Renaissance Ridge Open House Information Sessions on Zoom:

• Wednesday April 21st from 6:30-7:30 pm - Register Here

• Tuesday May 4th from noon-1 pm - Register Here

• Thursday May 27th from 6:30-7:30 pm - Register Here

After registering, you will receive a confirmation email containing information about joining the meeting.

We look forward to seeing you!