Condominium Townhome?

Asked by Gabrielle Jones, Columbia, MD Thu Feb 5, 2009

Is 340,000 reasonable or too much for a new condomium townhome in fulton, maryland, considering the market today.

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Bill Eckler, Agent, Venice, FL
Thu Feb 5, 2009

It is difficult to provide an accurate answer because of so many unknown variables. square footage, up grades, community amenities, proximity to boating, golf, tennis, etc.

Our best recommendation is to be in touch with a local real estate professional for their support. They will be able to provide you with the information you require as well as necessary services.

Good luck
The Eckler Team
1 vote
George Belle…, Agent, Ellicott City, MD
Thu Feb 5, 2009
Hi Gabrielle,

To answer that question, I would need to know if you are talking about a builder town home, or a resale. I will guess that it is a builder unit, since that is the majority of what is going on there, and I can't imagine any of those are being resold yet. Also, the older units sold well over $600k.

The answer would really depend upon the number of square feet, and the finish level. It is always a challenge to price homes in a new development. Also, there are other considerations, such as timing, and builder incentives, which you should really talk to a buyer agent about. I ran all the town home listings since 1/1/2008 in the area between Rt 32, 216, 29 and 108. If you click on the link below, you'll see that it is all much above the current offerings in the $340s.

There is a great deal out there in that price range. Please let me know if you have any questions.

George Belleville
The Head for Home Team
Keller Williams Select Realtors
0 votes
Cindy Maves, Agent, Fort Myers, FL
Thu Feb 5, 2009
Hi Gabrielle:
I think you are referring to the Maple Lawn communityin Fulton. To be able to determine whether the price you're considering is reasonable or not, I would need to know more about the upgrades and amenities you are considering and whether any closing help is being provided.Are you represented by a buyer agent?

Best regards,
0 votes
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