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Business Insider

Lindley Estes is a business writer for The Free Lance-Star and This blog is on Fredericksburg-area business. Send an e-mail to Lindley Estes.

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Village of Idlewild leading the way in Fredericksburg home-building market

The Village of Idlewild is responsible for the lion’s share of recent activity in the Fredericksburg home-building market. Four of the five permits filed in the city in October for new single-family residences were for homes in the Village of Idlewild, according to the October report from the Fredericksburg Department of Building and Development Services (You can find this report and other similar ones under “Data and Lists” near the top-right side of this blog). Nine of the 12 certificates of occupancy issued in October for new single-family residences in the city were for the Village of Idlewild (the other three were for The Preserve at Smith Run off Cowan Boulevard). Also, three of the 14 homes sold through the Multiple Listing Service in Fredericksburg in October were in the Village of Idlewild, according to this report. Sales prices ranged from $251,925 to $310,000.

Ryland Homes is the builder on all the new homes, according to the Department of Building and Development Services.