Rockbridge County’s new real estate tax will hit residents in the $200,000 to $400,000 range harder than others after many property values skyrocketed following a state-mandated reassessment.
Browsing: Housing
Some Lexington residents are upset that they cannot rent out extra building spaces on their property.
More inflation has exacerbated financial stress for local households struggling to afford rent, landlords and Rockbridge Area Relief Association representatives said.
A Buena Vista nonprofit organization plans to renovate a burned-out house to create a facility for men recovering from addiction.
Lexington City Manager Jim Halasz submitted a proposal for contractors to develop the old VDOT land near Maury River Middle School.
Lexington is caught in the national housing crisis with no immediate solution. The median cost of a home in Lexington has increased $74,000 in the past year, and there are no homes on the market under $200,000.
Echelon Resources plans to build 62 apartment units on 2.3 acres on Spotswood Drive, even though Lexington residents previously opposed development of the site.