Picture shows a stone cistern for water storage in a 19th century house in Prince Edward County.
Rural Properties

Cisterns For Water Storage

Before I moved to Prince Edward County and got involved with real estate, I thought a cistern was something vaguely unseemly. In reality, a cistern is merely a tank that’s used to store water. In […]

Prince Edward County median house prices doubled between 2009 and 2018

Interpreting Median Prices

If the median price for a single-family home in the County doubled between 2009 and 2018 (which they did), does that mean my house doubled in value? Answer: maybe. First, a few definitions. Most of […]

Price reductions on listings over $300,000 increased from 14% in 2017 to 24% in 2018.
Market Trends 2018

Higher End Homes Faced Downward Price Pressure

2018 saw two noteworthy developments for Prince Edward County real estate buyers: higher end homes faced downward price pressure in 2018 while the market for homes under $300,000 continued to shrink. […]