This is a very interesting result to major real estate transaction and a commentary on the direction of downward market. Biscuit Run was once the the last developable tract in the county. Things have changed.
This is another good resource for Conservation Easements and understanding there value.
It is not so much for its beauty that the forest makes a claim upon men’s hearts, as for that subtle something, that quality of air, that emanation from old trees, that so wonderfully changes and renews a weary spirit.—Robert Louis Stevenson
Benefits of Conservation Easement.
Conservation Easements have been incredibly popular with landowners in Virginia. For altruistic purposes and financial incentives they are to the benefit of the landowner and general public alike. Virginia leads the nation, with a select few states, in our conservation easement program and something I frequently discuss with clients. The link below offers an excellent introduction from the Piedmont Environmental Council website.
A voluntary land preservation agreement between a landowner and a land conservation organization, designed to protect the agricultural resources, forest resources, scenic open space, or wildlife habitat that may exist on a property.
Introduction to Easements - Piedmont Environmental Council - pecva.org.
