Homes For Sale In Alexandria With A Basement Under $400k
Basements are common in the Northern Virginia market and finding a home with one isn’t a problem but, in Alexandria few fall into the single family home and under $400k category. Basements create great storage, a place for the kids to play, or even a location for the coveted man cave. Many buyers in the Alexandria area looking for a single family home with a basement.
There are currently 8 single family homes for sale in Alexandria with a basement priced under $400k.
Lowest Priced: $300,000, 3 bedroom/2 full bath, Springbank Subdivision
Highest Priced: $396,000, 3 bedroom/2 full bath, Virginia Hills Subdivision
Average days on the market in 2013 for homes with a basement in Alexandria priced under $400k was just 13 and seller subsidy was zero. There are currently 25 homes in pending status and all but 8 of the homes are short sales or bank owned. Finding a single family home with a basement priced under $400k in Alexandria is possible but, buyers need to be aware that it’s a competitive price range. Being prepared to act quickly is a must in order to successfully go under contract. From there it may take some patience, particularly if it's a short sale property.
Whether you’re buying or selling in Alexandria I want to be your agent. Contact me today to discuss how I can help you. I welcome the opportunity to earn your business.
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