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I’m going to buy out here;” the confused stock market and various corporate messes may be making land seem a better deal; and Sept. 11 may have increased the desire to find a place to get away to.
Emily Henry, broker at Rainbow VIP/Long & Foster, had some additional thoughts about a different kind of security. Rappahannock is considered a protected community due in part to its proximity to the Skyline Drive, the Shenandoah National park, as well as the natural beauty of the countryside. These factors are powerful pulls in drawing people here. She also thinks credit needs to be given to the County's Comprehensive Plan and those planners years earlier who had the foresight to craft solid zoning ordinances. Her buyers feel secure that there will be no subdivisions coming to Rappahannock as they are in Prince William and Culpeper. She added that the reasonable taxes here are also pluses for her buyers.
If he had his druthers, Rick Kohler of Real Estate III, would have his lookers buying existing homes rather than buying land and building on it. He finds that often that is '• their preference as well; however, the inventory of existing homes for sale is low or nonexistent.
According to Jean Lillard, broker with Roy Wheeler Realty Company, there are 37 residential properties for sale in the county, ranging from $139,000 to 2,625,000. Three of those properties are under contract, and eight have been on the market for over a year. Lately she has sold three homes to “live heres,” and one was a move from one location in the county to the new location.
Even though land values have risen sharply in the
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