What would be a conservative but fair offer for 13264 MIDDLETON FARM Ln, Herndon, VA 20171?

Rizwan Ali
Home Buyer
20171

Answers (3)
Vicky Chrisner
Agent
20176

Here is some zip code information: http://www.mris.com/reports/stats/route.cfm; I also have a market snapshot feature on my web site (home page - the report is emailed back in minutes, but you'll need to provide your email to receive it) that is intended for sellers, but can be used by buyers, as well. If you do not already have an agent, I'd be happy to work with you, I often work in Herndon. The last home that was for sale in Middleton Farms @ just under $900K went under contract in only a few weeks, so it is priced right - you'll need to move quickly. Let me know if I can help.

Sat Aug 2 2008, 18:14
Ella Mulligan
Agent
Falls Church, VA

If you have a Buyer Agent, that professional should provide you with a comparative market analysis to show you what properties are selling for in that community. That professional also should be able to advise you as to recent sales statistics in the area. Comparing prices today with the same time in 2007, home prices dropped anywhere from 7 - 15% in Northern Virginia. Your real estate professional can give you the data by zip code. From January to June 2008, prices have been dropping anywhere from just under 1% a month to a little over 1%. The national economists and the George Mason University real property experts do not expect this scenario to improve for perhaps another 12 - 15 months. They are, however, stabilizing somewhat based on reports out of the Fed and local and national economic reports.

Ella L. Mulligan
Long & Foster Realtors
(703) 850-5090

Sat Aug 2 2008, 08:06
Lorraine Arora
Broker
Oak Hill, VA
FIRST ANSWER

Get a buyer's agent who knows the area well and will be able to represent you is the best advice I can give.

Sat Aug 2 2008, 07:46

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