I have been doing some pricing analysis on home sales in Belmont Country Club in Ashburn, Virginia. The last three homes to sell in Belmont Country Club were bank owned or relocation company owned homes. All three homes sold at $160-$166 per square foot above grade. I used the above grade square footage as determined by the county tax records. I figured that using the above grade square footage per the tax records would be easiest for consistency and then could add or subtract a dollar amount based on condition, finished basement, upgrades, etc. In September there were several sales of homes that sold for $180-200/sq. ft. above grade and a bank owned home that sold for $159/sq. ft. above grade. Of the homes currently available in Belmont Country Club, I know that at least two homes have offers in. Both of these homes are listed for $190-$195/sq. ft. above grade which supports our analysis. Basically, it looks like if you want to sell a home in Belmont Country Club, the price needs to be below $200/sq. ft. above grade. There are currently homes listed for sale at prices as high as $280/sq. ft. above grade. Obviously, they need to read this blog post.

 

First-Time Homebuyer Credit
10/22/2008
share
The Housing and Economic Recovery Act of 2008 authorizes a $7, 500 tax credit for qualified first-time home buyers purchasing homes on or after April 9, 2008 and before July 1, 2009. This is a great opportunity for first-time home buyers. A tax… more
Market Statistics in Ashburn and Sterling/Potomac Falls in September…
10/13/2008
share
After a relatively active real estate market over the summer, it seems everything came to a halt in September-at least in the upper price ranges. The market data confirms this. According to the Metropolitan Regional Information Systems, Inc. -MLS… more
Bear in Ashburn, Virginia
07/18/2008
share
Alright, I have seen it all now. I was driving home on Route 7 from Sterling to Ashburn, Virginia and stopped at a stoplight near the George Washington University Campus in Ashburn. I noticed the car in front of me looking to their left and pointing… more
How to Sell a Home in a Tough Real Estate Market
07/17/2008
share
I recently read a great article by David Crook about selling a home on July 14, 2008 in The Wall Street Journal Online. He gave seven points to remember when a homeowner needs to sell their home. 1. It isn't worth trying to wait out the market or… more
Best Places to Buy Foreclosed Homes
06/23/2008
share
Washington, D. C. metro area, Arlington and Alexandria recently made the top ten list in Forbes. com's "Best Places To Buy Foreclosed Homes" published on March 19, 2008. Their goal was to identifiy markets where there were hints of stabilization and… more
Fannie Mae and Freddie Mac Change Declining Market Guidlines
05/28/2008
share
Effective June 1, 2008, Fannie Mae and Freddie Mac have dropped their "declining market" policy requiring an addition 5% down payment for properties determined to be in declining or "at risk" markets. Hopefully this will impact Jumbo loans as well… more
Real Estate and Mortgage Meltdown
05/09/2008
share
I attended a seminar sponsored by Countrywide Mortgage on Tuesday May 6th at the Crowne Plaza in Tysons Corner, Virginia which featured Tom Fiddler, an expert in the real estate industry. It definitely put the current real estate market in… more
Got Hazardous Waste in Your Home? Feel Free to Dump it on April 26th!
04/22/2008
share
Thats right! On April 26th Loudoun County wants you to feel free to dump that hazardous waste off and get it out of your home to be properly disposed of. The county has a fabulous program dealing with household hazardous materials which I don't… more
Mid April 2008 Housing Stats-Shaping up to be a flat month
04/21/2008
share
Our mid-month housing market analysis for Loudoun County, Sterling VA, Ashburn VA and Leesburg VA shows signs of staying relatively flat from last month's numbers. To generate the numbers, we combined what has already sold as well as what is… more
 

Tanya Johnson

Ashburn, VA

More about me…

Tanya & Co./Keller Williams

Address: 20130 Lakeview Center Plaza, Suite 110, Ashburn, VA, 20147

Office Phone: (703) 729-7001

Cell Phone: (703) 856-7466

Email Me

Tanya talks about the real estate market in general as well as specific to real estate agents, buyers and sellers in Loudoun County, Virginia.


Links

Archives

RSS 2.0 Feed for this blog

Find VA real estate agents and Ashburn real estate on ActiveRain.