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Dunbarton Single Family Home Values: March-April 2016
Dunbarton Single Family Home Values:  March-April 2016
It is time for another Dunbarton Single Family Home Value Report.  In this edition, we will focus on sales of single family homes in Dunbarton between the months of March and April.  Since this is only my second report in the series, we'll only have reference to our last report.  Data referenced for last year was run just for comparison's sake, but does not exist in a stand alone report.
There were two single family homes that sold in Dunbarton between March and April.  One was a three bedroom, four bathroom Patuxent III with a finished basement that sold for $392,000.  The other was a four bedroom/three bathroom James Madison with a full, unfinished basement that sold for $420,000.  The average of both sales gives us our new average market value of $406,000 for a Dunbarton detached home.  
Right off the bat, you have to realize that basements are not the norm for every Dunbarton single family home.  So when I tell that this new average market value is an 11% increase since last report, you have to bear in mind that many Dunbarton single family homes do not have a basement.  Our last report had ... more

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