Belvedere Homes For Sale In Charlottesville Va

Belvedere Homes For Sale In Charlottesville Va

The Belvedere neighborhood in Charlottesville is a highly sought after new home community located off Rio Rd East & just 2 1/2 miles from downtown Charlottesville. Belvedere offers both single family and town homes with prices ranging from the mid 200,000's to the mid 500,000's. Belvedere offers 5+ miles of walking & bike trails with access to the Rivanna River, a playground/tot lot and The Village Green where neighbors can gather and community events can be held.

Advantages Of Home Ownership

1. Scheduled Savings - When you are a homeowner, your monthly mortgage payments serve as a type of savings plan. Over time you will accumulate what lenders call "equity", an ownership interest in your home that you may be able to borrow against or convert to cash by selling the house.
2. Stable Housing Cost - While rents typically increase year after year the principle and interest portion of most mortgage payments remain the same for the entire repayment period. 
3. Increased Value - Houses typically increase in value over time. It's not unusual for a house that sold 15 years ago to be valued at much more than it's selling price today. Te increased value is as good as money in the bank to the homeowner.