why are new houses in the 21144 have an averadge price of $550K. little high, thoughts?

Asked by ansanisk, Severna Park, MD Tue Nov 12, 2013

trying to buy a new home on disney& Stanley

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Ruth Popek, Agent, Pasadena, MD
Tue Nov 12, 2013
Good Evening, yes, thoses are pretty standard prices are in the neighborhood for a new, larger square footage home. Do you definitely want new? There are advantages to both. If you do not have a good Realtor to help you with pricing and area, I would be pleased to assist.

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The Roskelly…, Agent, Gambrills, MD
Tue Nov 12, 2013
Hi Ansanisk,

That is actually quite accurate for larger new construction in Severn. Severn is well placed for workers commuting to Fort Meade and NSA. It is also convenient to both DC and Washington. That keeps the market relatively stable. A few years ago new construction was trending more towards $650k. So $550k isn't high for this area. If you aren't working with a Realtor, you should get one so that they can do comps. and give you good guidance.
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Annette Law…, Agent, Palm Harbor, FL
Tue Nov 12, 2013
Why do you think it's high?
What are other equivalent, never been lived in, homes selling for?
At that price point, what other options are available to a buyer?
If it only a 'little' high, then good negotiations will get you sufficient upgrades to offset that little to high price.
A real estate professional who assists in the purchase and sale of doznes of home every year would be a good resource to which you should turn for more realiable options.
Do not let the random numbers generated by aggregate websites like Trulia or Zillow cause you any confusion. These sites are good for entertainment, very poor for making any real estate decison.
Now would be a good time to pick up the phone and call a Fort Meade professional.

Best of success,
Annette Lawrence, Broker/Associate
Remax Realtec Group
Palm Harbor FL
Move to the Front of the Line
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