Dunbarton Single Family Home Report: May-June 2016

Dunbarton Single Family Home Report:  May-June 2016

The hot soupy atmosphere outside earlier today has given way to some serious Dunbarton Single Family Homethunderstorms in Bristow.  Nothing better to do on a stormy evening than catch up on things, like this Dunbarton Single Family Home Report.  This particular edition will focus on sales activity between May and June.

There were quite a few single family homes in Dunbarton that sold between the beginning of May and end of June.  The high sold price was $389,900 and the low sold price was $322,500.  Four of six of these sales were two bedroom homes, and the same number had no basements.  The average of all six sales gives us our new average market value for Dunbarton single family homes of $356,333.  That’s a decrease of 12% since last report and a decrease of over 7.5% since last year.

Dunbarton Single Family Home Report:  May-June 2016

If you placed your Dunbarton detached single family home on the market, priced to current conditions, you could expect it to be under contract in eighty days.  It is true that homes in age restricted communities like Dunbarton do take longer to sell.  You could also expect to pay more than 1/2 of 1% of the sales price in closing cost help to the buyer.

The next Dunbarton Single Family Home Report will be out in September.  Until then, Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037when you are ready to list your Dunbarton home, give me a call for a free market analysis of your specific home’s value and a discussion about what I will do to get your home sold.

Chris Ann Cleland, Associate Broker-Licensed in VA

Long & Foster REALTORS®, Manassas VA

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.comwww.UncompromisingValues.com

 

To see the Dunbarton Duplex Report for May-June 2016, click the link.

 

Statistics compiled using MRIS (Metropolitan Regional Information Systems.)

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Dunbarton Single Family Home Values: January-February 2016

Dunbarton Single Family Home Values:  January-February 2016

Since 2005, I have been compiling property value reports for Braemar.  In recent years, I have have added more and more reports for the variety of homes the community Dunbarton Single Family Homeoffers.  This year, I have decided to add property value reports for Dunbarton.  This report will feature sales of detached single family homes sold in the first two months of 2016.

Between the months of January and February there were five single family homes sold in Dunbarton.  Their sold prices ranged from $335,000 to $449,900.  Represented in these sales were three two bedrom homes and two four bedroom homes.  The average of all five sold prices gives us the average market value for a Dunbarton single family detached home of $366,080.  Compared to the last two months of 2015, this is a 1% increase in average value.  Compared to one year ago, it is over a 6.5% increase in average value.

Dunbarton Single Family Home Values: January-February 2016

If you placed your Dunbarton single family detached home on the market, priced to current conditions, you could expect it to be under contract in an average of 100 days.  You could also expect a buyer to request an average of about 1% of the sales price in closing cost help.

The next Dunbarton Single Family Home Report will be out in May.  Until then, when Chris Ann Cleland, Bristow Real Estate Agent, 703-402-0037you are ready to list your Dunbarton home, give me a call for a free market analysis of your specific home’s value and a discussion about what I will do to get your home sold.

Chris Ann Cleland, Associate Broker-Licensed in VA

Long & Foster REALTORS®, Manassas VA

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.comwww.UncompromisingValues.com

 

To see the Dunbarton Duplex Report for January-February 2016, click this link.

 

Statistics compiled using MRIS (Metropolitan Regional Information Systems.)

Modern Day Two Bedroom Cottage in Dunbarton–Just Sold for $350,000

Modern Day Two Bedroom Cottage in Dunbarton–Just Sold for $350,000

On October 15th, I had the privilege of becoming the second Listing Agent to 13243 Ormond Drive in Dunbarton.  It is always an honor to be chosen as the second agent, when the sellers have had no success with a previous agent.  In this case, their listing had been active for 125 days before I listed it on October 15, 2015.

When I first spoke with the Sellers, it was obvious to me that part of the problem with their 13243 Ormond Drive sold on January 29, 2016 for $350,000.not having any traffic through the home was the list price.  They had been listed at $374,900, and lowered their price to $369,900.  Even at that lower price, I had to show them at larger homes were selling for less than they were asking.  And there was a home exactly like theirs in terms of location and floor plan that was listed for $349,900.  No buyer was likely to be willing to pay $20,000 more for their home.  Thankfully, the market conditions resonated with the Sellers as did my recommendations to price at a more reasonable $358,000.

Not letting the dissatisfaction of the previous agent carry over to me, I set myself apart with my service and abilities.  I made multiple trips to the property to make sure the east and west facing rooms were all photographed with an abundance of light.  And since the property was now vacant, I made sure to add some fluff in the form of light Capturing natural light is a great way to make a listing shine.staging.  Towels, flowers, dishes, coffee mugs all helped warm up the vacant space.  Communicating with the Sellers on a regular basis, never letting them feel abandoned is another hallmark of how I do business.  .And when daylight savings time came to an end and natural light was gone at 5pm, I placed white holiday lights to brighten up the otherwise dark spaces.  The home welcomed anyone who couldn’t find a light switch in those dark winter evenings.

Dunbarton Sign Fall 2015It worked!  Sixty-four days after listing with me, about the half the time they had invested with their previous agent, this Dunbarton home had an offer on December 16th.

While the home most like their that has listed for $349,900 had closed recently for $340,000, the appraisal did become a point of concern.  Showing what made me different than their previous agent, I met the appraiser at the property with comps and information about the property to make sure we weren’t immediately pigeon-holed as $340,000.  Again, it worked.

This Patuxent III model by US Homes sold for its contracted price of $350,000 on January 29th, 2016.  

Chris Ann Cleland, Braemar Real Estate Agent, 703-402-0037If you want to avoid wasting valuable time with the wrong listing agent, give me a call for a free market analysis of your home’s specific value and make the right choice from the start.

Chris Ann Cleland, Associate Broker-Licensed in VA

Long & Foster REALTORS®, Manassas VA

703-402-0037, ChrisAnn@LNF.com

www.SellingBraemar.comwww.UncompromisingValues.com