[SuperJon]

Careful, fumblerooskies. Unless you plan on selling sometime soon you don't want value to increase because it just pads your property tax bill.

Actually, your property taxes have pretty much nothing to do with the actual selling price of your neighborhood or even the market price of the home. Selling price is determined by what the realtor thinks he can get for it, while the taxed value is determined by what the city/county thinks the property is worth. Very rarely are they the same number.
Also, taxes are only re-assessed every few years (unless you're in Lynchburg City, of course) so, depending on when you move in, your tax bill could remain static for several years despite the fluctuating value of the property.

That's the closest anyone has been to being right.

In a lot of cases, you're right about tax value and market value being different.

However, a lot of towns are going to market value assessment so that they can "lower taxes." They lower the tax rate, but they bring your tax value up, so really, they're not saving you money but they can claim they lowered taxes.

[Libertine]

Careful, fumblerooskies. Unless you plan on selling sometime soon you don't want value to increase because it just pads your property tax bill.

Actually, your property taxes have pretty much nothing to do with the actual selling price of your neighborhood or even the market price of the home. Selling price is determined by what the realtor thinks he can get for it, while the taxed value is determined by what the city/county thinks the property is worth. Very rarely are they the same number.
Also, taxes are only re-assessed every few years (unless you're in Lynchburg City, of course) so, depending on when you move in, your tax bill could remain static for several years despite the fluctuating value of the property.

That's the closest anyone has been to being right.

In a lot of cases, you're right about tax value and market value being different.

However, a lot of towns are going to market value assessment so that they can "lower taxes." They lower the tax rate, but they bring your tax value up, so really, they're not saving you money but they can claim they lowered taxes.

I wonder why Lynchburg hasn't done that yet. That's a prime fleecing opportunity that they're missing out on.

Yeah, yeah, I'm in an anti-city government mood this week. Well, this week + the last 7 years or so.

[SuperJon]

Probably too dumb to realize it works.

You forget I do this stuff for a living.

[Libertine]

Well, then, City Council may be inept but, at least, they're amateurs.

[LUconn]

Probably too dumb to realize it works.

You forget I do this stuff for a living.

I thought you were learning how to appraise things. Not about the tricks that the city trys to pull while assessing.

[SuperJon]

It all goes hand-in-hand.

The people who do the city assessments have to follow USPAP regulations just like we do, so when they teach us USPAP, we have to learn all of the other stuff.

Plus my dad's been doing it for 8 years and I've been working with him for 3 so I've picked up on quite a few things.

[TIMSCAR20]

Can't you get just about anywhere in Lynchburg in about 20 minutes?

No, in many cases you can't take the highway to get from one side to the other. In those cases it can take 30 minutes as crazy as that sounds. I once had to drive from Rivermont to Waterlick Rd and it took me about 30 minutes. The draw to Wyndhurst is just the quaint "downtown" feel, without the danger or slummyness.

Plus...Schmokies and world class lawn care!

Wyndhurst is extremely overrated. Trust me I used to live in the land of Planned Communities, Northern VA. Windhust has nothing to attract you to it other than Schmokies and the Cold Mountain Cremery. For a planned community they are very lacking on shopping options and other things that will get people to want to visit. We had the option of moving there when we moved back to Lynchburg in 03 and we passed. We got a much better house for less money at the time... If I had a job when I moved there though we would have lived off Everett Road in Forest. There are some folks on this board that can tell you how nice it is out there but I don't want to give away people's bat cave locations

[Fumblerooskies]

Everett Rd=REAL NICE...

[Sly Fox]

While I am enjoying the conversation, I don't want us to forget to fill out the survey. Some of you have great insight but haven't filled it out yet.

[SuperJon]

Once I get certified and start working in Lynchburg I could fill it out great but right now I don't know.


Now if you asked me about the Martinsville area...

[Libertine]

Is there a form?

[El Scorcho]

Carriage Grove in Rustburg

It's not necessarily a unique development, but I just had to point it out a second time, because the location and area are going to be really hard to beat as this place gets built up. I really really like it down there.

[Sly Fox]

Is there a form?

What area is best place to live?

• 1. City of Lynchburg
  2. Campbell County
  3. Bedford County
  4. Amherst County
  5. Appomattox County

Parts of Lynchburg/Subdivisions:

• 1. Boonsboro
  2. Rivermont
  3. Near Downtown (Federal Hill
  3. Central (Fort Hill/Perrymont etc.)
  4. West
  5. South
  6. Wyndhurst

School Districts (listed HS for easiest descriptor):

• 1. EC Glass
  2. Heritage
  3. Brookneal
  4. Jefferson Forest
  5. William Campbell
  6. Rustburg
  7. Appomattox
  8. Amherst
  9. Liberty/Bedord

If you had the following budgets, where would you buy?

• 1. $100k
  2. $150k
  3. $200k
  4. $250k
  5. Price is no object

[Fumblerooskies]

All a good questions...consulting a knowledgable realtor with some integrity is a must.

For us, the ulitmate choice (and I had several months of research before moving hear...and 10 weeks of looking once I started work)...came down to the High School's baseball program. Heritage, hands down. Would I have loved to have been in the Brookville district? Absolutely, but when I saw the BV football team using the baseball field for practices...as well as the sandlot football program using it for games...that showed me the emphasis BV had on baseball.

Anyone looking to move will set their priorities and try to find an area that matches their needs...and incomes (which eliminated the Forest area, for us). So folks, Sly is trying to something good, together...please chime in.

[SuperJon]

It sounds like Sly wants to move back to the Burg.

[LUconn]

Where is carraige grove? I've never heard of it. Rustburg carries a great deal South though.

[El Scorcho]

Where is carraige grove? I've never heard of it. Rustburg carries a great deal South though.

http://tinyurl.com/2n3tr8

Click on the place markers for explanations.

Again, it's not that the neighborhood has anything that's particularly unique. There just seem to be a lot of nice houses being built in a nice location, just far away enough from the city but not so far away that it's annoying to get back in. It's going to be a very big neighborhood when it's done, though.

[LUconn]

Interesting, I've never been over there. My parents are gonna buy some land on 24, but on the other side of 29 from this place. They're divying up some farmland into like 5-10 acre lots.

[Sly Fox]

It sounds like Sly wants to move back to the Burg.

I wouldn't mind it at some point. But I'd have to have a real reason to do so other than FlameFans tailgates.

I started this thread because we have had a number of posters (and others thru PM to me) inquire about the area since they are moving toward the 'Burg. This thread could be a great tool for anyone moving in or considering moving around the area.

I admit I've had a great time familiarizing myself with the area once again. Back when I was delivering furniture for Grand Piano while a student, I learned the area and its neighborhoods fairly well. And while much remains the same, the growth in Bedford & Campbell Counties is encouraging.

Now back to the survey.

[Sly Fox]

We are beginning to see a clear pattern. Here are the survey results thus far (I guessed stars for some of you based on your descriptors):


What area is best place to live?

• 1. City of Lynchburg ..............................
  2. Campbell County ...............................
  3. Bedford County .................................
  4. Amherst County ................................
  5. Appomattox County ..........................

Parts of Lynchburg/Subdivisions:

• 1. Boonsboro .........................................
  
  2. Rivermont ..........................................
  3. Near Downtown (Federal Hill) ............
  3. Central (Fort Hill/Perrymont etc.) .......
  4. West ..................................................
  5. South .................................................
  6. Wyndhurst .........................................

School Districts (listed HS for easiest descriptor):

• 1. EC Glass .............................................
  2. Heritage .............................................
  3. Brookville ............................................
  4. Jefferson Forest ..................................
  5. William Campbell .................................
  6. Rustburg .............................................
  7. Appomattox ........................................
  8. Amherst ..............................................
  9. Liberty/Bedford ...................................

If you had the following budgets, where would you buy?

• 1. $100k: Fort Hill (2), Timberlake area, Campbell Co.
  2. $150k: Waterlick/West Timberlake (2), South, Russell Springs, Campbell Co.
  3. $200k: Forest (2), Wyndhurst (2), Campbell Co (2), Appomattox Co., Waterlick/West Timberlake
  4. $250k: Ivy Hills, London Downs, Carriage Grove in Rustburg, Forest. Campbell Co
  5. Price is no object: Boonsboro, Rustburg, Ivy Lake, London Downs, Bedford Co.

[bbrothers224]

I'm curious...during my senior year (1982-83) I lived off campus on 718 Dinwiddie Street 24504. Where woud that area fall in this survey?

[Libertine]

I'm curious...during my senior year (1982-83) I lived off campus on 718 Dinwiddie Street 24504. Where woud that area fall in this survey?

Rivermont

[FlameNForest]

If I had a job when I moved there though we would have lived off Everett Road in Forest. There are some folks on this board that can tell you how nice it is out there but I don't want to give away people's bat cave locations

Everett Road area is real nice.

Brookstone, The Meadows, Walker's Crossing, Kennsington, Cedar Rock, plus some homes right on Everett Road.

Needless to say, I don't live there.

[bbrothers224]

A buddy of mine lives in Forest. (Burning Lamp Ln) He's a Liberty grad. Class of 85 or 86 I think. His name is Billy Rice (anyone know him out there?) He moved back to VA after living all of his married life in CT. His wife, Julie is also from Liberty. I've know him since hew was about 9.

[paradox]

The Ravenwood area in western Campbell County is a good value. Also, there are some nice affordable properties in the Timberlake area. Forest and Goode are two solid areas where your property value has some decent appreciation potential down the road.