Market Report: Cheshire Forest, Chesapeake Virginia

Cheshire Forest has long been one of Chespeake, Virginia's desireable neighborhoods.  Cheshire Forest is a neighborhood with wide winding streets and cul-de-sacs lined with well manicured and landscaped yards.  Cheshire Forest is a neighborhood with a variety of homes that range from one to two-story, brick to vinyl.  Some homes have expansive front porches, others have substantive backyards.   

There are a few man-made lakes within the grounds of Cheshire Forest and these green spaces provide a wonderful area for neighbors to enjoy the natural beauty of their neighborhood.  In addition, Cheshire Forest has a few playgrounds that also provide a pleasant diversion.  The central hub for Cheshire Forest is its stunning club house and swimming pool facility.  The pool is also the home for a great community swim team, the Flying Fish.  In the summer, the swim team participates in several meets with various local swim teams and provides a great opportunity for kids to compete and improve their skills.  The active parent community that supports the swim team also has a great time with the various team activities.

During the past three months (period from July 4 to July 4, 2010), three homes have sold within the subdivision of Cheshire Forest.  The details for the sales are as follows:

Address                    Sq Ft    #BR   #BA    Date Closed    Sales Price
509 Archer Drive    2361        3        2.5    8/10/10            $341,000
509 Archer Place    2700        4        2.5    Sale Pending    $365,000*
604 Glasgow            2939        5        4      Sale Pending    $329,900*

Only the sale for the property located at 604 Glasgow was a short sale.  The stability of the neighborhood has resulted in relatively stable home prices.

*  Price listed indicates the price at which the home was listed once a purchase offer was submitted. Actual sales price will be disclosed at time of closing.

For additional information on homes in Cheshire Forest and other Chesapeake Treasures, call Kathryn Maguire (Rose and Womble Realty) at 757-560-0881 or Kathryn@MyAgentKathryn.com.

Kathryn Maguire, MBA, GRI, ABR, ASP, SFR, e-PRO
REALTOR
(Cell) 757-560-0881
(Office) 757-436-3636
(Fax) 757-390-3775
mailto: kmaguire@roseandwomble.com
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Licensed in Virginia