May 16, 2024 | Reports
Monthly sales data, inventory, and days on market for the St. Croix, USVI real estate market is available in our downloadable Coldwell Banker real estate reports. The is a report for each category: Homes & Condos, Condos, Homes, and Land!
If you are not familiar with with the implications of the data, please give us a call or email us directly with any questions. We are Accredited Buyer’s Representative (ABR) and Seller Representative Specialist (SRS) and have the experience and local knowledge to help you in every step of the process. We can help you narrow down neighborhoods based on your priorities. We can also advise you on the market trends in your desired neighborhoods.
Open reports by clicking on links below:
Homes & Condos – April 2024 Report
Homes – April 2024 Report
Condo – April 2024 Report
Land – April 2024 Report
Note: The average sales price and the average days on market could be skewed greatly by only one sale or because of the small number of sales
Apr 30, 2024 | QA
Question: “Outside of the listing, where else can I look for helpful information?”
Chris’s Answer:
Before buying, consider yourself in the “information gathering” phase. Yes, it’s more fun to dream of the structure you will build, but, take some time to also think of the practicality of building.
- For in-depth descriptions of the different codes, their uses, and their restrictions, go to: https://law.justia.com/codes/virgin-islands/2019/title-29/chapter-3/subchapter-i/229/. As you are reading a listing, the most common zones you will see are:
- R-2 – residential, low density (1 – 2 family dwellings), set backs 15’ on the front, 10’ rear and side
- R-1 – residential, low density – 15’ set backs on all sides
- The Department of Planning and Natural Resources is the USVI Government department where you will get your permits for building. Their web site will answer so many questions, perhaps even ones you don’t currently know. It will be worth your time to browse through it. You can also give them a call for clarification: https://dpnr.vi.gov/
- The Department of Licensing and Consumer Affairs is a place you can search for licensed professionals. Here is their home page. At the top of the Home Page, click on License Search: https://dlca.vi.gov/aboutdlca/
Contact us with any questions about real estate on St. Croix!
First published on our April 2024 Newsletter
Apr 30, 2024 | QA
Question: “What should I take into consideration when searching for land?”
Christie’s Answer:
Here are some important considerations:
- Location on island – For a small island, there’s diversity in the microclimates of the estates. As you travel from east to west, we have grasses and scrub bushes to a rainforest. Drive around and experience the different areas to decide what you like and what you would like to be close to – diving, hiking, restaurants, shops, etc.
- Zoning – Will the property’s zoning allow you to use the land as you’d like?
- Cost – Will you be paying with cash or getting a loan? If you are getting a loan, becoming pre-qualified will give you the peace of mind that you will be comfortable your monthly payments. It also makes a stronger offer to the Seller.
- Terrain – Land will either be flat, gentle slope, moderate slope, or steep slope. What will best suit your design and needs?
- Road conditions – Most roads are paved, but many are dirt or gravel roads. How will this effect the building process and how will it effect your daily life after you have moved in?
- Proximity to other structures – Some people like the coziness of having neighbors. Others like more space around them.
- HOA – Is there an HOA fee, and what is its use?
- Covenants and restrictions – Sometimes estates or quarters will have restrictions on the use of the land
Contact us with any questions about real estate on St. Croix!
First published on our April 2024 Newsletter
Apr 12, 2024 | Island News
One of St. Croix’s most celebrated events is making a triumphant return for its 24th year! Taste of St. Croix returns on Thursday, April 18th to showcase St. Croix’s culinary scene from a host of restaurants, caterers, private chefs, and other culinary-based businesses throughout the territory. For the past two decades, Taste of St. Croix has uniquely captured the spirit and flavor of St. Croix’s hospitality industry by way of a celebration that is now recognized as one of the U.S. Virgin Islands’ premier food and wine events. Over the course of three hours, guests are welcome to sample a variety of local and international tastings and savor a selection of elegant wines from around the world.
Event Director Collin Hodge has been involved with Taste of St. Croix since its inception in 2001. “I was initially brought on as a consultant for the event and soon after came on board as event coordinator,” said Hodge. In 2022, the event returned to its original location, Divi Carina Bay Resort, after the property reopened following extensive renovations due to devastating damage from 2017 hurricanes Irma and Maria. Hodge shared that it feels good to be back home at Divi with Taste, and he looks forward to another successful installment of the event. This year, the event has added a five-course wine dinner as a prelude to the main event. On Wednesday, April 17th, guests can look forward to unique wines from Segura Viudas, Robert Mondavi, Elouan, and Quest, each expertly paired with food tastings courtesy of Grapetree Bay Hotel. Tickets are $250 per person and can be purchased on Eventbrite.
A 501 (c)(3) non-profit, Taste of St. Croix promotes and showcases the talent and potential of St. Croix’s hospitality industry through fostering partnerships, sponsoring training and industry events, and building public awareness of service-industry importance to the socio-economic future of the U.S. Virgin Islands.
The 24th Taste of St. Croix will take place on Thursday, April 18th at Divi Carina Bay Resort from 6pm to 9pm. General admission tickets are available for purchase at $125 per person; VIP tickets are officially sold out. For more information and to purchase tickets, visit www.tasteofstcroix.com.
Written by Anquanette Gaspard
Mar 14, 2024 | Reports
Monthly sales data, inventory, and days on market for the St. Croix, USVI real estate market is available in our downloadable Coldwell Banker real estate reports. The is a report for each category: Homes & Condos, Condos, Homes, and Land!
If you are not familiar with with the implications of the data, please give us a call or email us directly with any questions. We are Accredited Buyer’s Representative (ABR) and Seller Representative Specialist (SRS) and have the experience and local knowledge to help you in every step of the process. We can help you narrow down neighborhoods based on your priorities. We can also advise you on the market trends in your desired neighborhoods.
Open reports by clicking on links below:
Homes & Condos – February 2024 Report
Homes – February 2024 Report
Condo – February 2024 Report
Land – February 2024 Report
Note: The average sales price and the average days on market could be skewed greatly by only one sale or because of the small number of sales
