Just Sold: Two Finished Level Parkdale for $419,000
It has only happened twice so far in my real estate career that I have sold the same home twice, with two totally different sellers. In October 2013 I sold 13802 Tartan Hills Parkway for $378,000. At the time the home had two finished levels, was in need of new carpet and had basic finishes, no outdoor living space outside of the covered front porch and no exit in the finished basement.
Imagine my surprise when the new owners who purchased in 2013, called me to list 13802 Tartan Hills Parkway again. Now, if I ran comparables like other agents, I may have come across the last Parkdale model with an unfinished basement with no exit and fairly basic condition (minus the hardwood flooring on the main level) that sold on Tombreck Court in September 2017 for just over $370,000 and declared that my sellers at Tartan Hills should list only slightly above that. Thankfully, I don’t run comps that way. Shoot, why would the home be worth about the same as it sold for in 2013?
When I first met the 2018 sellers of 13802 Tartan Hills, my comps told me that if they carpeted the home, painted and did some minor repairs, we could pull a lot more. They had added a deck and put granite counters in the kitchen, and had a new roof installed after taking on storm damage since I last listed it in 2013. But since the sellers didn’t have the funds for carpet throughout and a whole house paint job, we priced at $439,000 when we hit the market on February 21st. When the market didn’t respond, the sellers reduced to $429,000. Then again to $419,000. That was the price where a buyer stepped and made a deal.
This four bedroom Parkdale on Tartan Hills, very much like that Tombreck Court that closed in September 2017, closed for $419,000. Sure my sellers gave closing cost help to the tune of $12,000, making their net sold price $407,000, but it is a lot more than a bit over $370,000. And I can tell you right now, the market hasn’t increased ten percent in six or seven months.
Hiring the right agent to list your Braemar carriage home can make all the difference to our bottom line. And it starts with knowing how to analyze the market. I won’t leave a penny on the table when it comes to representing my sellers. When you are ready to sell your Braemar home, give me a call. Since 2005, No One Knows Braemar Better!
Associate Broker-Licensed in VA
Long & Foster REALTORS®