Dunbarton Duplex Report: March-April 2016

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Real Estate Agent with Long and Foster REALTORS®, Gainesville, VA VA License # 0225089470

Dunbarton Duplex Report:  March-April 2016

Welcome to another edition of the Dunbarton Duplex Report.  In this edition we will look back at the sales activity for duplexes (attached single family homes) between the months of March and April.  We will have only our last report to ping back to for comparison.  As this is only our second report of duplex sales in Dunbarton, year to year comparisons were run strictly for the purposes of this report.

Just like the first two months of the year, there was only one Dunbarton duplex that sold between the months of March and April.  It was an Ayres model with a fully finished basement with a window well exit.  It sold for $344,000.  That sold price becomes our point of comparison for duplex values for this current report.  Compared to last report, it shows nearly a 13% jump in value.   Compared to last year, over an 11% increase in value.  Does that mean your Dunbarton duplex is worth 11% more than it was last year, or 13% more than it was last month?  No.  The sales last report had no basement, neither did the one last year.  That doesn't mean your Dunbarton duplex hasn't increased in value, but a larger sample of comparable sales would have to be made to determine your home's value.  

Dunbarton Duplex Report:  March-April 2016

If you placed your Dunbarton duplex on the market, priced to current conditions, you could expect it to Dunbarton Community Entrancebe under contract (according to this sale) in 150 days.  That may or may not actually be the case.  For instance, last fall I represented a buyer who was having a hard time finding a Dunbarton duplex to buy.  She snatched one up before it ever hit the market.  As for closing cost help, you might expect that you would give a little over 1/2% of the sales price in closing cost help.

The next Dunbarton Duplex Report will be out in July and will focus on sales activity for May and June.  Until then, when you are ready to sell your Dunbarton duplex, give me a call for a free market analysis of your specific home's value.  We can also go over my unique marketing plan that allows me to sell millions in Bristow real estate year after year.

 

To see the Dunbarton Single Family Home Report for March-April 2016 click the link.

 

Statistics compiled using MRIS (Metropolitan Regional Information Systems.)

 

 

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Rainmaker
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Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Another outstanding market report for Dunbarton area. Sellers and buyers should contact you for the best representation.

May 28, 2016 11:34 AM #1
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Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

What a great market update for the Dunbarton area.  This report is full of very useful information.

May 29, 2016 03:47 AM #2
Rainmaker
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Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Well writtend market report fot Dunbarton duplexes Chris Ann Cleland Very helpful for both sellers and buyers in Dunbarton area.  Good luck in 2016.

May 29, 2016 06:27 AM #3
Rainmaker
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Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

Well, I imagine even though it's hard for a layperson to determine value of these Dunbarton Duplexes, they can always turn to Chris Ann Cleland for the answer. I also would think the multi-family market might be high demand like it seems to be all over the country.

May 30, 2016 10:48 AM #4
Rainmaker
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Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

Stopping by to say hello and hope you have a great Friday Chris Ann Cleland. As always a fantastic market report

Jun 02, 2016 11:00 PM #5
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Chris Ann Cleland

Associate Broker, Bristow, VA
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