Portsmouth
Real Estate
Suffolk’s Cotton Rose Farm set to be auctioned
Hall and Hall Auctions announced the May 15 auction of Cotton Rose Farm, 363± acres of prime development land in Virginia’s Tidewater. The farm, is located at 4124 Mockingbird Lane, at the intersection of Matoaka Road and Mockingbird Lane, seven miles north of downtown Suffolk. The property is situated with convenient access to the retail […] The post Suffolk’s Cotton Rose Farm set to be auctioned appeared first on The Suffolk News-Herald.
Empty nesters in Hampton Roads aren’t downsizing, and young families are losing out
Amanda Johnson’s housing story is authentically Hampton Roads. At 40, she is preparing to be a first-time homeowner. Her family has lived in military housing for most of her husband’s career. Now, with Michael Johnson two years into his retirement, they are looking for a family-sized home for themselves and their two children — one in college and another finishing high school. For Amanda ...
Norfolk residents say they want bigger real estate tax cut, more wage increases in 2025 budget proposal
NORFOLK — Residents who attended a Wednesday public hearing expressed overall approval for the city budget proposed for 2025, but called for increased spending on public workers’ wages and further decreasing the real estate tax rate. The budget, presented by City Manager Pat Roberts in March, includes a $1.53 billion operating budget and a $323 million capital improvement plan. The total $1.9 ...
Homeowners say progress with offshore wind project puts their homes in jeopardy
VIRGINIA BEACH, Va. (WAVY) — Dominion Energy is under fire from homeowners in one Virginia Beach neighborhood as residents say all the trees the company has taken down as part of its offshore wind project has put their homes in danger. Right behind John Rooney’s property line in the Pine Ridge neighborhood, Dominion Energy has […]
Chesapeake homeowners: Your real estate tax bill could increase under the proposed rate
CHESAPEAKE — Homeowners may see higher real estate tax bills this year as overall assessments grew by a little more than 4% citywide since last year. City Council is responsible for setting tax rates. With the increased assessments, a 4-cent reduction would be needed to offset. For years, Chesapeake levied a real estate tax rate of $1.05 per $100 of assessed value until the last two fiscal ...
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