New Properties Chesterfield with Real Estate Market Comparison
The Housing market in Chesterfield remains a critical piece of the local economy in a time when county leaders work to broaden Chesterfield’s commercial tax base and reduce the county’s reliance on residential property tax. There is good news for buyers and investors builders as both new home sales and existing residential property values continues a stable march toward pre-recession levels. As compared to the past years, new home closings in Chesterfield increased by 11%, according to the year-end report by the Home Building Association of Richmond and Commonwealth Partnership. Last year, in Chesterfield total 1,286 new homes are purchased, 704 more than any other locality in the Richmond metropolitan area with an average sale price of $393,605. The chief executive officer of the Home Building Association of Richmond, Craig Toalson said, “The new home communities in Chesterfield boast first-class amenities, low maintenance options and authentic architecture”. He further said, “...