DC METRO REAL ESTATE

Serving the Real Estate needs of the communities of Manassas, Bristow, Haymarket, Warrenton, Gainesville and Culpeper  in Northern Virginia


Dave Scardina  
Broker / Owner

703-829-SOLD

866-909-0900

Haymarket Homes Guide

Preparing to Sell Your Haymarket Home


Experienced agents know what puts prospective buyers off when they view a home, especially Haymarket. For example, when buyers find dirty dishes in the sink, notice offensive pet odors or spot obvious stains suggesting a leaking roof they begin to devalue the property. Some buyers may decide to pass on the house completely while others may think about making an offer way below the asking price. So, a good agents first step is to help the homeowner see the house as others will see it and take care of problems.


Haymarket Home Improvement


Don't underestimate how much projects will cost. Expenses usually are added, not subtracted. Homeowners, even Haymarket homeowners, routinely go 20% to 30% over budget. Remember, it is common to under budget cost and time.

When remodeling for resale, don't waste time with renovations that won't pay off. If you must have a pool, you still may have to lower your expectations on who will be interested in buying. The National Association of Realtors/Remodeling magazine study has identified four renovations that show the greatest return at resale: improvements to siding, windows, kitchens and bathrooms. Remember you have a lot invested in Haymarket.

Haymarket: Art and Science


Buying a piece of Haymarket real estate is a science but buying your Haymarket home is an art. The science part involves getting the legal and financial parts down while the art is finding the Haymarket property that youll be happy with.

The total universe of possibilities within the universe of Haymarket real estate is quite diverse but narrowing your search ahead of time will help keep things in perspective.

In general there are two phases to any Haymarket real estate search. In the first phase, you get a feel for the different areas and an idea of what is being offered at what price. In the second phase, you search for the Haymarket real estate that meets all or most of your specifications.


Does Your Haymarket Have Curb Appeal?


From cottages to castles some Haymarket have so much curb appeal that passersby cant help but stop and admire them. When visiting property with great curb appeal, prospective buyers often experience 'Love at First Sight' and this disposes them to love the entire home before they even walk through the front door.

Haymarket curb appeal is the result of a perfect blend of architectural style, landscaping, up-keep and color choices. Money alone does not guarantee outstanding curb appeal. Ive seen very expensive Area homes with costly landscaping that fail to appeal and Ive seen very modest priced Area homes with outstanding curb appeal. In part, the landscaping aspect of curb appeal is a matter of personal taste.

The Benefits of Selling Haymarket


In order to sell Haymarket as your personal residence, you must have lived in it for two out of the five-year period ending on the date of the sale of the property. This means that you can buy a second home and live in it as your personal residence while renting out your first home. If, in a couple years you decide to sell your first Haymarket personal residence you can sell it and still benefit from the $250,000 to $500,000 Capital Gain tax exclusion. The law says that the home must be your personal residence for at least two out of the past five years.



Tips for Buying or Selling Haymarket


Most experienced real estate agents and brokers already have Websites that showcase their local MLS data so your Haymarket can show up online as soon as it is listed. On the other hand, if you are selling on your own it will take time or a considerable advertising budget to get your individual Haymarket property to show up on the major search engines where prospective buyers will find it. You could tap into one of the several For Sale by Owner Websites but that would limit your market of buyers.

Buying real estate in Haymarket is also much easier when you work with a real estate agent who knows the area and the market. While there is a great deal of information online about real estate asking prices, it is not always so easy to find out what a property actually sold for. And even then, specific terms of a sale often make a difference in how to interpret the sales price.