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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (35474)7/17/2005 3:00:41 PM
From: TradeliteRead Replies (1) | Respond to of 306849
 
Heh, funny you should mention that.

Have done some looking there, and know many people who both live there or recommend it as the place to go. Don't think Oconee will qualify as "rural" for too much longer, though. It's growing like a weed.

However, after today's story in the Wash Post about the million-dollar mansions that have gone up in fast-growing Loudoun County, VA (near me), where people are having disastrous problems with brand-new and already-failing septic systems........I think living in town (no matter what town) with a city-sewer service might be preferable.

My neighborhood was still on septic until several years ago...I'm glad to be rid of my septic system, although it was a pretty good one. It was always a worry in the back of my mind.

I'm not sure why people flock to wealthy and still-sorta-rural Great Falls, VA (right next to my zip code) because not only are many of those folks on septic systems, they're also using well water. I'd worry about the quality of my well water in any fast-developing part of the country.

(Not that the public water system in my area is very reassuring, either. We buy bottled water by the gallons in my house since about four years ago.)



To: John Vosilla who wrote (35474)7/17/2005 3:49:33 PM
From: TradeliteRespond to of 306849
 
John, another area on that list you mentioned is Augusta County, VA. Was just there a couple weekends ago, taking our 95-yr-old aunt out to lunch. She lives in a very nice but small home in Staunton, VA, which she and her deceased Exxon-retiree-husband built for retirement. Staunton is the original home of many of our relatives. Their old family farm fell victim to eminent domain when the major interstate highway was designed to cut straight thru the middle of their property, so the family members took the money and went their separate ways. The family members were sorta relieved, because they weren't able to keep up with the demands of farming, anyway.

Augusta County and Staunton are nice places to live in the Shenandoah Valley. Probably a great place for retirement, as is Charlottesville, VA.

I go to Staunton at least a couple times a year and look with interest at the homes for sale and those with SOLD signs. Market has been booming like everywhere else, but don't see much new construction, oddly enough.

Retirees seem to be attracted to it.