Are there homes to be had in Brookeville, MD for under 500K? It's slim pickings but yes. Those, however, may come without an A/C.

I showed 2 homes in the area last weekend that did not have any air conditioning nor (enough) ceiling fans - showing them on the last day of a record-breaking heat wave did nothing but make painfully aware the obvious. 

However, with a list price in the mid-to-low 400s respectively and fantastic locations in the heart of the historic districts, these homes will sell, eventually. It will take vision, some milder temps and a pot of gold. We have the vision but negative on the pot of gold. It's too bad really since Brookeville is a wonderful area and homes listed for under 500K are far and few between.

The average list price for a detached single family home in Brookeville is currently $789,601 - just 6 of 41 active listings are below 500K. Thus, it is too be expected that homes listed in the 400K range will likely need some improvements or upgrades such as an A/C. It may be a good move by the seller to provide some cost estimates to any prospective buyer or invest in some ceiling fans to make the worst bearable at least.

There are homes to be had for under 500K in Brookeville, MD. However, you may need some patience to wait for the right one and have realistic expectations - it wont be a mansion on 5 acres.

While there are a handful of decent choices, homes in the 400K range will likely be older, with less square footage, on comparably smaller lots for the area and perhaps in need of some upgrades or TLC.


ANDREA BEDARD, M.A. ~ THOMPSON COMPANY, REALTORS ~ LIVING MARYLAND BLIPS

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Thompson Company, Realtors
15711 New Hampshire Ave Silver Spring, MD 20905
o: (301) 384-9177 c: (240)593-2860
andreabedard@mris.com
For Military Families Maryland Home Search

Andrea is a proud military spouse, mom of two beautiful little girls, hobby decorator and a Realtor® based in Silver Spring, MD. Andrea focuses on Montgomery County and Howard County Real Estate, she enjoys everything beautiful in life and always answers the phone with a smile.

 

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15 Comments on A Brookeville, MD home for under 500K?

JUL
09
174,342 Points 4 Featured Posts Outside Blog Called Shot Master

This looks like a beautiful community. Best wishes on your listings.
4:27pm • #1
1,144,867 Points 107 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

my eyes are big like saucers.  only 6?  wow.  Fun learning about other areas.
4:29pm • #2
314,224 Points 33 Featured Posts Outside Blog Called Shot Master

Hi Pamela, thanks for your visit! Brookeville is a wonderful area.

Hi Tammy, LOL! Yes, just 6! Another town in the same area, Sandy Spring, has just 1 at this point in time - it was the other home without an a/c we looked at.

4:49pm • #3
1,980,651 Points 484 Featured Posts Localism Sponsor Attended Rain Camp Called Shot Master

Brookeville, like other Montgomery County communities will always sell.  Folks buying there are ready to sacrifice A/C for highly ranked public schools.
4:54pm • #4
905,518 Points 10 Featured Posts Attended Rain Camp Called Shot Master

Andrea, looks like a deal (and an idea for a title of my listing's post, too - because that's also a deal.)

And the way you have presented, I should see the 'sold' post for this home very soon.
5:09pm • #5
314,224 Points 33 Featured Posts Outside Blog Called Shot Master

Hi Lenn, the schools are just one of the many great features the Brookeville area has to offer. The proximity to shopping, the serene country side, plenty of parks ... it's a wonderful place to live. My office is just a few minutes away and I frequently find myself driving around the area even if I'm not showing homes.

Hi Praful, glad I could give you an idea here! Perhaps, if it were my listing, it would already have sold ;-)
5:41pm • #6
240,754 Points 4 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Hi Andrea,

Brookville sounds like a wonderful area with some steep prices.

It's always interesting to learn about other neighborhood prices.

Have a fabulous week!
7:30pm • #7
876,466 Points 18 Featured Posts Localism Sponsor Attended Rain Camp Called Shot Master

Looks like this is a great area to live and it may be worth getting in at an affordable rate and then improving the property over time  e.g., adding AC.
7:30pm • #8
314,224 Points 33 Featured Posts Outside Blog Called Shot Master

Hi Wandanna, yes and yes :-) I agree, I learn so much about many different areas of the country and Canada just from reading the blogs here.

Hi Joan, absolutely! If only I could ...
8:23pm • #9
JUL
10
470,318 Points 50 Featured Posts Called Shot Master

Andrea, all I can say is wow. Hard to find homes under 500K in Brookeville. My line is hard to find homes under 100K. Nice to learn about areas. Thanks for your post today,
2:11am • #10
557,602 Points 31 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Hi Andrea,

That is funny.

Fixers for $450k

What do you expect for a mere half mil? Air conditioning??

Thanks

Phil
3:05am • #11
827,729 Points 155 Featured Posts Localism Sponsor Outside Blog Hit Router Attended Rain Camp Called Shot Master

Brookeville, MD is a beautiful place.  I have fond memories of that area from my youth.  'Couldn't have imagined there would be anything priced under $500,000 there, and I'll bet you catch the eye of some local blog readers with this title.
4:29am • #12
314,224 Points 33 Featured Posts Outside Blog Called Shot Master

Hi Pamela, it's such a desirable and beautiful area that it's slim pickings below 500K. I understand how this can be mind-blowing to people in other areas. Many families relocating here will go through a culture/price shock.. but there are plenty of other areas where prices are not quite as steep.

Hi Phil, maybe, if you get lucky ;-) Brookeville is a very special area and the prices reflect that.

Hi Margaret, it's just a handful but that's probably a handful more than we saw a few years ago! Thank you for your visit today.
8:45pm • #13
JUL
11
184,474 Points 1 Featured Post Outside Blog Called Shot Master

Andrea, 

Sounds like some good prices for Brookerville even without air conditioning. Sounds like it would be wroth it to buy and add AC.
4:47pm • #14
314,224 Points 33 Featured Posts Outside Blog Called Shot Master

Hi Carla, there are definitely some opportunities for buyers in Brookeville that were not there a few years ago. Some lucky buyer will have the vision and financial resources and snatch those up ..
9:24pm • #15


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Andrea Bedard, M.A. ~ REALTOR® & Mil Spouse ~ Silver Spring, MD and beyond (Thompson Company Realtors) Rainmaker_large

Andrea Bedard, M.A. ~ REALTOR® & Mil Spouse ~ Silver Spring, MD and beyond

Silver Spring, MD

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Thompson Company Realtors

Address: 15711 New Hampshire Ave, Silver Spring, MD, 20905

Office Phone: (301) 384-9177

Cell Phone: (240) 593-2860

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From Bethesda to Odenton - Montgomery & Howard County Real Estate blog

My blog is a mix of information about Maryland Real Estate, community spotlights, customer service discussions, industry news and trends, things to do & places to visit ... - sprinkled with a candid perspective of the life, times & tribulations of my life as a Realtor, mom and military spouse in the national capitol area

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