The Magazine For Real Estate In The Shenandoah Valley
FUNKHOUSER Fall 2016
REPORT
BUYING IN A SELLER’S MARKET MOVING INDOORS MARKET REPORT • EXCEPTIONAL PROPERTIES
FUNKHOUSER REAL ESTATE GROUP
1
OUR TEAM
FUNKHOUSER REAL ESTATE GROUP HARRISONBURG OFFICE l 540-434-2400 WOODSTOCK OFFICE l 540-459-4002
joe Funkhouser
Kemper Funkhouser
ELIZABETH KISTLER
pete laver
david emswiler
PHILIP CONSTABLE
angie grogg
MELANIE WOODARD
BECKY MESSINA
sue emswiler
ANGELA ANDREWS
anna bergey
APRIL WATTS
becky williams
ben schlabach
betsy glendye
bobbie reeves
brad cohen
brent gerald
burdette bontrager
carey keyes
cereda johnson
chad kimble
chris dunkel
chris monahan
chris HORST
cindy nevin
danielle davis
david galgano
debra showalter
diana kiser
emily barone
jack rose
jan flora
realtor ,sres,abr
jayne schlabach
realtor , associate broker green
jim laver
john mauzy
JOSH BROWN
ken hensley
linda mars
lindsay monger
lisa hensley
luke smith
mary miller turner
mattias clymer
mike nesselrodt
nadine barone
nancy nathan keyser-bryant blackwell realtor®,abr,sres,gri
realtor®,p.e.
paul whatley
ronald flores
ryan roberts
scott rogers
shelley duffus
shirley french
stephen ogletree
steve spence
suzanne bothamley
suzanne trow
president, crb, dsa
realtor®
realtor
realtor
®
®
realtor®, associate broker
realtor®
chief operating officer, mba
realtor®
realtor
realtor
®
®
realtor®
realtor®
chief financial officer
realtor®
realtor
®
®
realtor ,sfr,crs,gri,epro
realtor®,reo,sfr
realtor®,green
office manager - harrisonburg
realtor®
realtor
®
, j .d .
®
realtor®
realtor®, associate broker
office manager - woodstock
realtor®
realtor
®
®
realtor
®
realtor®, associate broker green
assistant manager - harrisonburg
realtor®
realtor
realtor
®
®
realtor
®
realtor
®
office administrator
realtor®
realtor
®
®
realtor , associate broker gri,crs
realtor®
realtor
®
relocation director
realtor®
realtor
realtor
®
®
realtor®
realtor®
administrative assistant
realtor®
realtor
®
®
realtor , associate broker gri,crs
realtor®, associate broker
administrative assistant
realtor®
realtor®, associate broker gri, abr, crs
laura measell
realtor®,abr,sres,epro
realtor®
Interested In A Career In Real Estate? theresa lind realtor®
tina regan
realtor®,gri
yvonne pirkey
We are happy to discuss with you how to become a successful real estate agent and make sure this is the right fit for you. Contact Pete Laver at 540-434-2400 or Pete@FunkhouserGroup.com.
realtor®, associate broker abr,crs,gri
VIEW ASSOCIATE PROFILES ONLINE @ fUNKHOUSERGROUP.COM/ASSOCIATES All associates are members of the National Association of REALTORS ® and abide by the REALTOR ® Code of Ethics.
2
FUNKHOUSER REPORT
welcome T
he holiday season is fast approaching and while some may start to focus on pumpkins, turkeys and decorating trees, our associates will be working hard to help clients buy and sell properties before we ring in the new year.
KEMPER Funkhouser chief operating officer realtor, mba
I often talk with clients who think as the color of the leaves change in the Valley, so does the real estate market. While the market does show seasonality, every year brings different levels of activity during the fall and winter months. In fact, I remember a recent year when a few of our associates helped clients make offers on Christmas Eve. Perhaps a new home is one of the best holiday gifts! If you are thinking about buying or selling a home in the coming months, I encourage you to contact one of our associates to discuss if the market conditions are right for you. This season will create great opportunities for both buyers and sellers. Those who are prepared will capitalize and perhaps realize a fresh start for 2017!
contents 4
Buying In A Seller’s Market Finding the right home when your choices are limited.
6
By The Numbers A scan of the Shenandoah Valley Residential Real Estate Market.
7
Exceptional Properties A sampling of luxury properties in the Shenandoah Valley.
14
Moving Indoors Getting your outdoor spaces ready for winter.
15
News & Notes Inside Funkhouser Real Estate Group: New Associates.
16
Commercial Property Portfolio Properties prime for development and business opportunities.
On behalf of everyone at Funkhouser Real Estate Group, I wish you and your family a wonderful and safe holiday season!
FUNKHOUSER REAL ESTATE GROUP l www.FunkhouserGroup.com
HARRISONBURG OFFICE l 401 University Boulevard, Harrisonburg, VA 22801 l 540-434-2400 WOODSTOCK OFFICE l 1010 Ox Road, Woodstock, VA 22664 l 540-459-4002
FUNKHOUSER REPORT is created and published by Funkhouser Real Estate Group. For information on becoming an advertiser or being added to the mailing list, please e-mail your interest to Kemper@FunkhouserGroup.com or call 540-434-2400. Š Copyright 2016. Funkhouser Real Estate Group. All rights reserved. This publication and its contents are protected under U.S. Copyright laws. Although care is taken to ensure the accuracy of the content, we cannot be responsible for errors, omissions, prior sales, changes to property status or withdrawls. Equal Housing Opporunity. This is not intended to solicit property currently listed.
FUNKHOUSER REAL ESTATE GROUP
3
SOLD SOLD SOLD SOLD SOLD SOLD
FOR SALE SOLD SOLD
SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD
SOLD SOLD
Buying In A Seller’s Market
SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD SOLD
A
t Kline’s Dairy Bar, there are lots of choices. But in today’s low inventory housing market, homebuyers aren’t always so fortunate. The number of properties for sale hasn’t rebounded from the peak of the housing market in 2006, according to an article in online RealtorMag*. The problem is nationwide and the reasons are varied. Many homeowners, including retirees and rental property owners, are holding onto houses longer than usual, hoping for prices to rise to meet their financial needs. Some homeowners are still underwater - owing more than they can recoup in equity - and they are waiting until the market can make them whole. Still others, baby boomers and those wishing to move up to larger properties, for instance, are delaying moves. On top of all that, the construction industry, which took a big hit during the recession, hasn’t rebounded and may not for quite a while since many smaller builders left the market entirely, leaving not only fewer new construction starts but fewer builders. As a result, homebuyers are finding their options limited. Fortunately, the Shenandoah Valley’s housing market has been impacted less than many other locations across the country.
4
FUNKHOUSER REPORT
Finding the right home when your choices are limited The Valley’s Market “I’ve been doing this for 28 years,” Associate Broker Jayne Schlabach says. “I’ve been through peaks and valleys. I think this area has fairly consistently weathered the storms a little better than most.” “Fortunately, our local market benefitted from the growth of four colleges and universities, Sentara RMH, Miller/ Coors and many other industries,” Realtor Paul Whatley says. “And I have found that Real Estate is very specific to the local market.” While inventory is down more than 40 percent from highs in 2006**, the number of houses sold this year has actually increased. “The 154 home sales in Harrisonburg and Rockingham County during August 2016 marked the highest number of home sales seen any time in the previous 10 years,” writes Associate Broker Scott Rogers in his market analysis, which is available online.
Preparation Is Key In spite of the valley’s relative stability, home inventories remain low - and that makes it a more competitive market, Schlabach says. More buyers are looking at the same properties and multiple buyers are making offers.
In a low inventory market, says Realtor Chad Kimble of the Woodstock office, “Buyers can expect to pay a little bit more than you would when inventory is high - and don’t expect the seller to be so quick to offer incentives such as helping to pay closing costs or doing much with home repairs.” “When there is lots of inventory,” says Schlabach, “buyers don’t have that sense of urgency. We can take our time and mull it over. Right now, I’m discovering that for affordable housing under $250,000 - buyers are having to make up their minds pretty quick.” In this kind of market, being prepared is important - and a full time professional Realtor can help you position yourself to take advantage of anything coming on the market and to help you get out in front of it. Whatley suggests buyers make a list of all the things they are looking for in a house - and then prioritize them. Decide which items are negotiable and which are not. Whatley also suggests looking for properties where a homeowner can add value with minimal cost and effort - improvements that can be done for under $1000. Can you improve the landscaping and curb appeal? Can you add insulation or a new coat of paint? Even when buyers know exactly what they are looking for, it helps to be flexible, says Kimble. He suggests looking outside of a targeted location. In some cases, your Realtor may be aware of a property that hasn’t yet hit the market. That knowledge could make the difference in finding just the right home for you.
That team includes lenders, home inspectors, contractors, landscapers - anyone involved in a home sale. A knowledgeable Realtor’s understanding of the right people to call is invaluable to the prospective buyer. Building a strong working relationship, Whatley explains, is critical to finding just the right house in any kind of market, but especially when fewer houses are for sale. He emphasizes that the more he knows about a buyer - or seller’s-motivation, the better he can advise them. “When you’re talking about buying a home, it can be very emotional. When you know what your motivation is and your priorities, then it really helps you to take some of the emotion out of the process. Working with my clients, I try to help them get through that to make an informed decision.” Schlabach agrees. “My role as a Realtor is not to insist my clients buy something.” She encourages them to go through whatever decision process that works for them. “They need to know they’ve made the best decision possible.” Even when inventory is low, that doesn’t change. As Schlabach often tells her clients, “We’re not going to buy this house to keep someone else from buying it.” “My job is a service industry,” says Whatley. “The service I provide to my buyer or seller is providing them with the resources and information they need to make an informed decision.”
“I actually had a situation just recently where someone was looking for a specific type of duplex,” Kimble says. “I knew of one that was going to be listed that I was able to help my buyer purchase before it even got on the MLS. If you’re not using a Realtor, you’re missing out.”
While finding just the right home may be more challenging when fewer houses are on the market, careful planning and guidance from a trusted Realtor can make your search a success.
Lean On Your Realtor
CONTRIBUTING ASSOCIATES
Leaning on a Realtor’s extensive knowledge of the market and the locale is key to success in a low inventory market. Ultimately, says Whatley, real estate is relationship. He likens it to building a team that will help you find just the right house. “Not only the relationship with clients but with others involved in the house buying process.” As a Realtor, he says, he’s the quarterback of your team.
jayne schlabach ®
realtor , associate broker green
paul whatley realtor
®
chad kimble realtor
®
scott rogers
realtor®, associate broker
* http://realtormag.realtor.org/daily-news/2016/03/23/6-ways-explain-low-inventory ** http://www.harrisonburghousingtoday.com/blog/archives/2016/09/-fewer-homes-for-sale-in-harrisonburgrockingham-county_1473933837/index.php?f=1
FUNKHOUSER REAL ESTATE GROUP
5
BY THE NUMBERS A Scan of the Shenandoah Valley Residential Real Estate Market
A snapshot of 3rd Quarter market activity. All percentages compare Q3-2015 to Q3-2016.
$86,147,763
M A R K E T VOLUME
year over year
-10.8%
year over year
year over year
ON 93 DAYS MARKET
+22%
LOSED 394 CTRANSACTIONS
year over year
MEDIAN SALES PRICE
+5.4%
$192,950
+16%
Harrisonburg - Rockingham
6
FUNKHOUSER REPORT
$8,827,817
M A R K E T VOLUME
-26%
year over year
year over year
+7.9%
year over year
+14%
-31%
year over year
-31%
year over year
DAYS ON MARKET
year over year
year over year
80
MARKET VOLU M E
+2.7%
LOSED 49 CTRANSACTIONS
-3.9%
MEDIAN SALES PRICE
year over year
$185,000
+24%
Page County
$11.4 BILLION
-14%
M A R K E T VOLUME
LOSED 34,290 CTRANSACTIONS ON 60 DAYS MARKET
year over year
$33,878,234
year over year
year over year
ON 54 DAYS MARKET
MEDIAN SALES PRICE
+23%
LOSED 177 CTRANSACTIONS
year over year
MEDIAN SALES PRICE
+2.9%
$175,000
+2.9%
Shenandoah County
$273,500
year over year
M A R K E T VOLUME
Across Virginia
+14%
$84,636,758
-3.7%
year over year
ON 85 DAYS MARKET
year over year
448 TRANSACTIONS CLOSED
year over year
MEDIAN SALES PRICE
+1.8%
$171,250
-3.9%
Staunton - Waynesboro - Augusta
The information in this report is derived from the Harrisonburg-Rockingham Association of REALTORS速, Greater Augusta Association of REALTORS速, and Massanutten Association of REALTORS速 Multiple Listing Services. The statewide report on Virginia is courtesy of the Virginia Association of REALTORS速. The final statistics for Virginia are estimated as the September numbers were not available at the time of publication. All information is believed to be accurate but cannot be guaranteed.
FUNKHOUSER REAL ESTATE GROUP
6
Exceptional
Properties
620 RODEO DRIVE l HARRISONBURG l 620RodeoDrive.com 4 bedrooms :: 4 full baths :: 2 half baths :: 5,929 square feet :: $813,000
Fabulous private hilltop home on 5 acres, gorgeous mountain and valley views with sunsets you will not want to miss. Sunroom and patio provide outside space for entertaining. The floor plan is open, bright and spacious. Great room has vaulted ceilings, fireplace, (Brazilian cherry hardwood floors throughout house) and is open to the dining room and kitchen. Cherry cabinets and granite counter tops are featured in the kitchen and breakfast area. A large master suite on the first level with soaking tub. The second level has three additional bedrooms (hardwood flooring) with a great closet and pull down attic storage. There is also a finished basement with a family room, exercise room, a full bath and sauna.
LINDA MARS
540-246-1347 LMars@FunkhouserGroup.com
FUNKHOUSER REAL ESTATE GROUP
7
15807 NORTH VALLEY PIKE l NEW MARKET 5 bedrooms :: 2 full baths :: 3,750 square feet :: $999,900
Rare to find stone house with 55 acres and nearly original footprint. Hardscrabble, Circa 1776, was built by the McDowell family. Owners include Revolutionary War Lt.Peter Higgins and Dr J.D.Williamson. Used by Civil War generals from both sides including Stonewall Jackson. History abounds in this Shenandoah Valley property located just south of historic New Market.
JACK ROSE
540-476-4626 Jack@FunkhouserGroup.com
4140 Brown Roan Ln l ROCKINGHAM l 4140BrownRoanLane.com 5 bedrooms :: 4 full baths :: 1 half bath :: 4,217 square feet :: $569,000
This spacious, upscale five bedroom Highland Park home features hardwood floors throughout the main level and upper level with a two story living room with stone fireplace, screened porch, gourmet kitchen with cherry cabinetry and granite countertops, a first floor master suite, three more large bedrooms (plus an office) upstairs, plus a lower level family room and guest suite.
8
FUNKHOUSER REPORT
SCOTT ROGERS
540-578-0102 Scott@FunkhouserGroup.com
917 OX ROAD l WOODSTOCK l
5 bedrooms :: 2 full baths :: 1 half bath :: 3,480 square feet :: $649,000 This Historic Colonial is on 3.465 private acres in the town of Woodstock. It has a gourmet kitchen, beautiful wood floors, wonderful views and extensive landscaping. There are 2 large porches, 1 screened porch, an in-ground pool enclosed with 6’ maintenance free fence, large fenced yard. Bed & Breakfast potential.
SHIRLEY FRENCH
540-325-4444 Shirley@FunkhouserGroup.com
255 BETTS ROAD l HARRISONBURG l 255BettsRd.com 5 bedrooms :: 4 full baths :: 2 half baths :: 4,439 square feet :: $589,000
This immaculate property offers incredible appeal inside and out. Located in the Fairway Hills subdivision, there is easy convenience to JMU, Sentara and the best shopping and dining in the Valley. The first floor features a master suite, screened porch off the bedroom and kitchen, formal dining room, formal living room, kitchen with a gas range, walk-in pantry, and laundry room.
KEMPER FUNKHOUSER 540-421-3556 Kemper@FunkhouserGroup.com
FUNKHOUSER REAL ESTATE GROUP
9
551 MYERS AVENUE l HARRISONBURG l 551MyersAvenue.com 5 bedrooms :: 5 full baths :: 2 half baths :: 2.5 acres :: 6,311 square feet :: $1,325,000 Within the home the spaces are vast. The foyer is vaulted with an open stairway to the second floor and the basement. The family room is spacious with a gas fireplace and wet bar. The open columns to the kitchen stretch the views and the tasks of meal preparation can be easily shared in this gourmet space. Many entertainment options throughout the inside and outside of the property.
KEMPER FUNKHOUSER 540-421-3556 Kemper@FunkhouserGroup.com
9421 CHERRY GROVE ROAD l LINVILLE l TideSpringBranchFarm.com 3 bedrooms :: 3 full baths :: 1 half bath :: 4,839 square feet :: $649,900
Come see the immaculate Tide Spring Branch Farm nestled on 19 acres conveniently located 20 min from Harrisonburg. Enjoy high end finishes including a master suite on the main level with a walk-in closet enhanced by a built in custom closet organizer, walk-in shower, dual vanity, and a soaking tub. No details were overlooked in the large kitchen. Entertain guests in style.
10
FUNKHOUSER REPORT
MATTIAS CLYMER
540-246-9067 Mattias@FunkhouserGroup.com
635 FREDERICK ROAD l HARRISONBURG l 635Frederick.com 5 bedrooms :: 4 full baths :: 2 half baths :: 5,824 square feet :: $899,900
An exceptional luxury home on the golf course in Crossroads Farm. From the picturesque panoramic views of Massanutten & the Blue Ridge mountains to the walnut floors - exquisite detail is expressed throughout. High Quality Features Include: high ceilings, custom cabinetry from the kitchen to the closets, built-ins throughout the home and crown molding in every room.
PETE LAVER
540-421-7447 Pete@FunkhouserGroup.com
2640 KARAWOOD LANE l HARRISONBURG l 2640KarawoodLane.com 5 bedrooms :: 5 full baths :: 1 half bath :: 5,153 square feet :: $799,900
“One of a Kind” property that is ideally located and private at the same time on 1.24 acres with beautiful landscaping and trees that give you a feeling of peace and serenity as you enter. Enjoy the open floor plan, formal living and dining rooms, a luxurious kitchen and 5 large bedroom suites. The master suite is an oasis on its own private wing and boasts expansive walk-in closets.
RYAN ROBERTS
540-908-8208 Ryan@FunkhouserGroup.com
FUNKHOUSER REAL ESTATE GROUP
11
779 CLAREMONT AVE l ROCKINGHAM l 779Claremont.com 4 bedrooms :: 4 full baths :: 5,830 square feet :: $649,000
Exceptional custom home in Crossroads Farm located on the golf course. This brick home features Andean Cherry floors with black walnut inlay, coffered and tray ceilings and designer light fixtures. Enjoy a gourmet kitchen with granite counters and custom cherry cabinets. Host parties on the screened-in porch with a gas fireplace and peaceful view of the mature landscape.
DAVID GALGANO
540-820-6200 Galgano@FunkhouserGroup.com
3858 WAYFARERS TRAIL l BRIDGEWATER l 3858WayfarersTrl.com 3 bedrooms :: 3 full baths :: 3,341 square feet :: $625,000
If you enjoy nature and privacy this is the perfect place to relax and unwind. This contemporary home features beautiful maple wood floors and interior doors. The living room features a Rumford wood burning fireplace made with stones from the property. The screened porch and patio areas are both the perfect place to enjoy the wildflowers located on the approximately 12 acres.
12
FUNKHOUSER REPORT
BETSY GLENDYE
540-820-6971 BGlendye@FunkhouserGroup.com
3465 IZAAK WALTON DR l ROCKINGHAM l 4 bedrooms :: 4 full baths :: 4,817 square feet :: $595,000
Enjoy privacy, views and direct access to Lake Shenandoah from this well maintained Lake Pointe home with a full lower level apartment! This home offers spacious one-level living with a living room with fireplace, an eat-in kitchen, formal dining room, office, master suite, two additional bedrooms and a full bath plus a rec room (with laundry room) all on the main level.
SCOTT ROGERS
540-578-0102 Scott@FunkhouserGroup.com
394 MAYLAND ROAD l BROADWAY l
3 bedrooms :: 2 full baths :: 1 half bath :: 2,351 square feet :: $589,000 Stunning views and a wide brick wrap-around porch welcome you to this home with a spacious floor plan with many upscale features. The living room features a cathedral ceiling with fireplace and french doors to the rear patio. The kitchen has custom cherry cabinets with Brazilian tile countertops, the large dining room has a bay window & beautiful views and an office/den.
BOBBIE REEVES
540-421-5475 BReeves@FunkhouserGroup.com
FUNKHOUSER REAL ESTATE GROUP
13
Moving Indoors Getting Your Outdoor Spaces Ready For Winter
W
inter is coming - and while many of us throughout the valley will head indoors to enjoy hot cocoa and a roaring fire, our yards will endure the cold and snow. So what can we do to maintain these outdoor spaces that frame our homes and give us so much enjoyment in warm weather?
Mulching leaves (with the exception of pine needles and several varieties of deciduous trees) and leaving them on your lawn has proven benefits. Most leaves can be mulched into small pieces and left to provide a nutrient-rich material to your soil.
Here are a shrubs and
Local landscape designer Jesse Bergey uses this technique. “I just drive over and over the leaves with my mower.” There are some exceptions, he says. “Walnut and hickory leaves contain the chemical juglone, which can harm other plants.”
few tips to prepare your grass, trees for the coming months.
Plant More Grass
When grass mowing season slows down, it is a good time to consider overseeding, a technique many professionals use to boost the health and appearance of lawns. Since most grasses germinate best during periods of warm days and cool nights, fall is an excellent time to invigorate your lawn. Fall seeding will fill in brown patches and thicken up sparse areas left behind by the summer heat. It also helps lawns fend off diseases, and it discourages spring weeds. Overseeding will make your grass come back stronger in the spring. Ideally, it’s a good idea to aerate your lawn before overseeding, but if you can’t aerate, you can scratch up the ground to loosen and remove any thatching that would prevent new seeds from germinating.
Throw On Some Fertilizer
Fall is also an optimal time to fertilize your lawn and is, in fact, much better than spring. Fall feeding promotes strong root growth and helps plants endure the winter. Spring fertilization, on the other hand, promotes leaf growth that competes with root growth - and while it feeds your plants and shrubs, it also feeds spring weeds. You can also consider applying a pre-emergent herbicide in the fall that will inhibit weeds next spring. According the Virginia Cooperative Extension service, overseeding and planting new grass should be completed before October 15, but fertilizing can continue into December.
Stop Raking Leaves - Really!
In many valley neighborhoods, leaf raking is a regular (and sometimes dreaded) fall chore, but there is an alternative. 14
FUNKHOUSER REPORT
While a mulching mower is ideal for this task, any mower used judiciously can do the job. Multiple passes—in different directions—are generally needed to break down leaves into suitable lawn mulch. Be sure to first pick up sticks and children’s toys that could become projectiles! Chopped up leaves are also a good source of winter mulch for your shrubs, gardens and trees. If you have room in your yard, you can store a pile of fall leaves and grass clippings in a compost to use as mulch for shrubs and flowerbeds when spring comes.
Add Those Extra Shrubs And Flowers
Fall is a good time to plant because the moderating weather is less stressful on plants. “It’s second to the middle of May for planting new shrubs and trees,” Bergey says. “As long as the ground isn’t frozen, late September to mid-December is a great time to plant.” He suggests always checking the recommendations for a specific shrub or tree. “Here in the mid-Atlantic, you have some pretty crazy temperature fluctuations and certain plants don’t do well,” he says. “If you have a plant that needs to be wrapped in the winter, you probably shouldn’t plant it here.” Fall is also the time for planting bulbs. Bergey suggests daffodils because deer and rabbits stay away from them. One of his personal favorites is allium, a flowering onion that blooms late in the spring.
Straighten Up Before You Head Indoors
When cold weather moves us indoors, we need to leave our “outdoor” rooms in order. Bergey recommends removing and disposing of any diseased leaves (such as black spots on Roses), cutting back perennial plants in flowerbeds and culling dead branches, but don’t prune your shrubs! Pruning can produce a shot of new growth that a hard freeze could harm. Leave that task until spring. “If you leave your garden kind of messy and crowded throughout the winter, you might also be overwintering pests,” Bergey warns. “Besides, it looks nicer over the winter.”
&NOTES
Perhaps, the biggest advantage of fall clean up is that when spring comes, your yard will be easier to manage, healthier, and more welcoming. For more information on preparing your outdoor spaces for winter, timetables for overseeding and fertilizing, and general gardening tips, consult your local garden center or the Virginia Cooperative Extension Service. Bergey Landscape and Design is a member of the Funkhouser Real Estate Group Concierge program. Other local resources: Viette’s Views: a blog by local gardening authority Andre Viette. Find it here: http://viettes.wordpress.com Virginia Cooperative Extension service has multiple offices in the central Shenandoah Valley and agents eager to answer your questions. Online you’ll find a wealth of information at: www.ext.vt.edu
NEWS
HAPPENINGS INSIDE FUNKHOUSER REAL ESTATE GROUP
WELCOME NEW ASSOCIATES
APRIL WATTS realtor®
April is not new to the real estate business. She has worked for a mortgage broker, managed investment property and invested in real estate. She brings this valuable experience to her clients. April is a graduate of UNC-Wilmington with a degree in Criminal Justice. She is married and has two sons who attend Rockingham County Schools.
540-607-1068 l AprilWatts@FunkhouserGroup.com
chris HORST realtor®
Chris was born in Rockingham County. After graduating from Turner Ashby High School, he took over the management of his family’s poultry and beef farm and purchased it in 2009. During 15 years of farming, real estate became a passion for Chris and he now helps clients buy and sell farms and homes. Chris is married, has two sons and lives in the Ottobine area.
540-209-2531 l ChrisHorst@FunkhouserGroup.com
brent gerald
associate broker, realtor®
Brent is a specialist in land development and commercial real estate. He has over 12 years experience in real estate and 22 years as an engineering construction inspector. He brings a vast knowledge base to assist clients in the purchase and development process. Brent and his wife live in Bridgewater and have two daughters attending Old Dominion University.
540-810-0630 l BrentGerald@FunkhouserGroup.com
JOSH BROWN realtor®
Josh is a graduate of James Madison University with a Bachelors Degree in Modern Foreign Languages and a Masters of Arts in Teaching. He has taught spanish for over seven years and coached tennis for two years. Josh specializes in residential sales and assisting spanish speakers. He works throughout Rockingham and Shenandoah Counties.
434-401-4482 l JoshBrown@FunkhouserGroup.com
RELOCATION NEWS Welcome Melanie Woodard, Director of Relocation Services We are pleased to welcome Melanie Woodard to our team as the Director of Relocation Services. Melanie assists our clients relocating to the area through our relocation partners including CARTUS, Brookfield, USAA, Navy Federal Credit Union, and other brokerage firms worldwide. She also helps clients moving out of the Valley locate the top real estate agents in other markets.
FUNKHOUSER REAL ESTATE GROUP
15
property portfolio
Retail For Lease ROCKINGHAM SQUARE •Food Lion Shopping Center •Approx. 6,000 sf available •Divisible to 2,000 sf spaces •Drive Thru Opportunity Kemper Funkhouser REALTOR®
(540) 421-3556 Kemper@FunkhouserGroup.com
Industrial Complex 932-972 Fairview Rd, woodstock •3 Buildings - Over 100,000sf each •18 Raised Loading Docks •Warehouse With Office Space $3,600,000 l 39.5 acres l 350,000sf Chris Dunkel REALTOR®
(540) 405-9955 ChrisDunkel@FunkhouserGroup.com
17.87 Acres At Massanutten Entrance resort drive, mcgaheysville •Potential Commercial Development •Restaurant, Retail, Hotel Site •Attract Visitors of Massanutten $2,200,000 l 17.87 acres Jack Rose REALTOR®
(540) 476-4626 Jack@FunkhouserGroup.com
I-81 Exit 251 Building Lot 3891 North Valley Pike, rockingham
•Across Rt. 11 From On/Off Ramp To I-81 •Near Pilot Travel Center •Fast Food / Convenience / Hotel $1,725,000 l 3.46 acres Chris Dunkel REALTOR®
(540) 405-9955 ChrisDunkel@FunkhouserGroup.com
.75 Acre Commercial Lot 20 Mosby Road, harrisonburg •.75 Acre Building Lot •Includes Barn (approx 3,000sf) •Restaurant / Retail / Office •$365,000 Kemper Funkhouser REALTOR®
(540) 421-3556 Kemper@FunkhouserGroup.com
Investment Development Opportunity Millwood loop, harrisonburg •42 Condo Units Platted •Construction Ready •R-3 Multifamily Development Land $995,000 l 3.4 acres Scott Rogers REALTOR®
(540) 578-0102 Scott@FunkhouserGroup.com
COMMERCIAL 16FUNKHOUSER FUNKHOUSER REPORT l 401 UNIVERSITY BOULEVARD, HARRISONBURG, VA 22801 l 540-434-2400
42 Acres Of Development Land aPPLE VALLEY ROAD, Harrisonburg •Potential Residential & Commercial Mixed Use •Easy Access to Southeast Connector Road •Great Site For Convenience & Views $6,720,000 l 3 Parcels l 42 acres Kemper Funkhouser REALTOR®
(540) 421-3556 Kemper@FunkhouserGroup.com
Residential Development MCGAHEYSVILLE ROAD, MCGAHEYSVILLE •Approved for 84 lots •County Water & Sewer •Walking and Riding Trails Call For Details Nathan Blackwell REALTOR®
(540) 908-1679 Nathan@FunkhouserGroup.com
17.76 Acres John Wayland Hwy 2112 sunny slope ln, dayton •Residential / Commercial Development •Subject to Rezoning •Water/Sewer Available $1,039.000 l 17.76 acres Kemper Funkhouser REALTOR®
(540) 421-3556 Kemper@FunkhouserGroup.com