Welcome to Branchs Trace and Branchs Colony Townhomes in Chesterfield County. This neighborhood is conveniently located near the Chesterfield County government area and courthouse, off Iron Bridge Rd. and Lucy Corr. The neighborhood is convenient to I288, offering easy access to all of the Richmond area. There is a county park within only a few minutes drive from the neighborhood and it is only a very short drive to the Pocahontas State Park.
These 2 communities sit next to each other, which is why they are both in this same post. These homes are all 2 story units - the units range from 2 bedrooms, 1 1/2 baths to 4 bedrooms, 2 baths. Sizes range from 1,000 SF to almost 1,700 SF. Most of the units have assigned parking spaces with plenty of guest parking, but there are a few that have garages attached. This neighborhood was built in phases, from 1987 to 1993 and many of these units have been renovated over the years.
The monthly fee here, as of April 2022, is $130/month, making it one of the more reasonably affordable monthly association fees in the Richmond area. The monthly fee covers the common area maintenance, exterior maintenance, snow removal, trash removal and yard maintenance.
The schools for this neighborhood are: Gates Elementary, Salem Middle and Bird High.
There are 196 units in this neighborhood. As of April 2022, 141 of these were owner occupied.
Real estate market stats for Branch's Trace and Branch's Colony:
2020 real estate market stats:
16 units sold
Average List Price = $164,527
Average Sales Price = $166,809
Average Time on Market = 7 Days
10 units sold over asking price
2021 real estate market stats:
10 units sold
Average List Price = $190,660
Average Sales Price = $194,150
Average Time on Market = 13 Days
6 units sold over asking price
I am proud to be an expert Realtor in townhomes & condos throughout the Richmond area, including city of Richmond, Henrico County and Chesterfield County. If you want to find out more about condos and townhomes throughout Richmond, please feel free to get in touch with me! As your Richmond area condo & townhome real estate expert, I am here to help!