Recent comments in /f/rva

fusion260 t1_jad5w83 wrote

Breaking soon: "An unnamed city public utilities agency may have been fraudulently charging residents, while neglecting to ensure those charges were accurate or even respond to residents' questions in a timely manner, in the third precinct area of Richmond, which includes neighborhoods like The Fan, Stony Point and Willow Lawn, according to Richmond Police."

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fusion260 t1_jad54te wrote

It might also be the difference between the landlord considering staying a landlord and continuing to rent the house out or selling it and getting out of it entirely.

An extra $1,200 is a fairly small amount when it comes to the headache around real estate, home maintenance, increased taxes, and (optionally) property management.

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fusion260 t1_jad4t84 wrote

Doubtful that landlord's property taxes increased that much. Our latest assessment in Lakeside only increased 9% in the last year and added $109 to our taxes for the entire year.

Unless that home's value jumped up significantly due to improvements and nearby sales, it's unlikely it was due to the taxes.

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fusion260 t1_jad4f18 wrote

Yeah, same.

I leased a gorgeous 1,850 sq. ft. 2/2 loft in Shockoe Bottom, with a balcony, and included private off-street parking, and private gym for $1,505/mo. from 2012-2014. That same exact unit is going for around $2,100/mo. now.

A huge 3/3 loft for $1,512/mo. that won't increase for 3 years is ludicrous to me.

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soundchkr t1_jad34i9 wrote

This is a good point. You can use Zillow and apartments.con to find out what your market value is based on zip code or even comparing other rentals within blocks of your current address. A 3/1 should NEVER cost $2K especially in lakeside unless somehow it’s 2000 sqft with a big yard and deck. Not to mention a DISHWASHER.

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