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How Much House for $500K in LoCo?

 

Highlands model 3 How Much House for $500K in LoCo?

The Spring market is in full swing and inventory in LoCo is still very low. If you are searching in the $500,000 price point, there are currently 42 homes from which to choose, just over one month’s worth of inventory. (As shown in the multiple listing service this morning, excluding all new construction.) The average home in this range has 4 bedrooms and 3.5 baths, with 2400 square feet, and has been on the market for 64 days.

So what’s out there? Let’s take a look:

  •  Ashburn: 8 homes. Four single family homes are available, each with 4 bedrooms and 3.5 baths, between $475,000 and $514,900. There are also four townhomes for sale in Ashburn, all of which are larger than every single family home. The most expensive townhome, at $515,000, is in Evergreen Village. It also happens to be the largest home, with 3051 square feet, four levels, five bedrooms, and 5.5 bathrooms.
  • Leesburg: 13 homes. Three townhomes are available here, highlighted by an end unit in River Creek. At $514,900, this homes offers hardwood on the main level, stainless steel appliances, and 3004 square feet of living space overlooking the Potomac River. Ten single family homes are for sale in Leesburg, with a beautiful Whistler model in Tavistock Farms near the top of the list. Priced at $524,900, this home has hardwood on the main level, a sitting area in the master bedroom, and backs to trees.
  • Purcellville: 7 single family homes. Buyers in Purcellville have the widest variety of properties from which to choose. Want to be in town? Pick from neo-traditional homes in Village Case and the Courts of St. Francis, or a colonial in secluded Old Dominion Valley. Need a little space from your neighbors? Three homes south of town are on 3+ acres, or choose an 11 acre haven near Hillsboro. Not often the case in Purcellville, all of the homes currently for sale were built after 1985.
  • The rest: 13 homes. Four townhomes, including two in the Chantilly neighborhood of Avonlea and nine single family homes are available. The one catching my eye is a piece of history in Aldie, named Woodbyrne. This home was built in 1775, sits on 2.71 acres, and has 5 fireplaces. It’s waiting to be restored to it’s former glory, are you the one to take it on?

Shopping now and need a good buyers’ agent? Let’s talk, I’d love to help! If you are considering selling, the first step is to find out what your home is worth. Click here to have our home value report emailed to you.

Cheers,
Mike

Here’s a sampling of what’s available today:

See all What you can get for $300K in LoCo.
(all data current as of 4/23/2014)

  1. 3 beds, 1 full bath
    Home size: 1,304 sq ft
    Lot size: 3.24 ac
    Year built: 1965
    Parking spots: 1
    Days on market: 1
  2. 3 beds, 3 full, 1 part baths
    Lot size: 2,614 sqft
    Year built: 1993
    Days on market: 2
  3. 2 beds, 2 full baths
    Home size: 1,400 sq ft
    Year built: 1998
    Parking spots: 1
    Days on market: 2
  4. 2 beds, 2 full, 1 part baths
    Home size: 1,438 sq ft
    Year built: 2005
    Parking spots: 1
    Days on market: 2
  5. 3 beds, 1 full, 1 part baths
    Lot size: 1,742 sqft
    Year built: 1988
    Parking spots: 1
    Days on market: 3

Listing information deemed reliable but not guaranteed. Read full disclaimer.

The multiple listing data appearing on this website, or contained in reports produced therefrom, comes in part from Metropolitan Regional Information Systems ("MRIS"). The information provided is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All real estate listings include detailed information about them that includes the name of the listing brokers and therefore may reference real estate listing(s) held by a brokerage other than the broker and/or agent who owns this web site.

All listing data, including, but not limited to, square footage and lot size is believed to be accurate, but the listing agent, listing broker and respective Multiple Listing Services and their affiliates do not warrant or guarantee such accuracy. Therefore, all data should be personally verified through personal inspection by and/or with the appropriate professionals. Listing data last updated 4/23/14 11:34 AM PDT.

The listing information on this web site is from various brokers who participate in IDX.

Copyright 2014 MRIS. All rights reserved.

This IDX solution is (c) Diverse Solutions 2014.