The busy spring market continues! Here is a new listing that went on the market and contract in less than 5 days with multiple offers!
6976 Cromarty Dr is a gorgeous, end unit townhouse in the desirable Kingstowne Community. It features two bedrooms, two full baths, two half baths with over 1300 sq ft of living space. The owners have kept the home in pristine condition with modern paint, gleaming hardwood floors, cozy living/dining area and updated master bathroom complete with granite counters, newer vanity and heated floors. The townhouse also has a relaxing deck and walkout basement with fenced in yard. One of the unique factors of this home is that is has two master bedrooms on the upper level, rather than three bedrooms. We anticipated this may be a challenge to some buyers and priced accordingly with the market sales.
Since Dec 2013, there have been 10 townhouses in the Kingstowne neighborhood (with a 1 car garage) that have gone under contract. All of these homes had three bedrooms, in comparison to our two bedroom home. The average sales price was high $400k’s, but many of these higher priced homes had a third bedroom and offered 300-1000 more square feet of living space. Pricing adjustment for a bedroom can vary, but usually it adjusts the sales price anywhere from $10k-$15K, depending on the neighborhood and market demand. The median days on market for comparable homes with a 1 car garage was around 8 days.
We worked closely with the sellers to price their home carefully for the market to help meet their financial goals, as well as balance negotiations & timing with their next home purchase. We received multiple offers on this home, and were under contract in less than 5 days!
Contact us today for a customize market analysis, and how we can help with buying or selling your home.