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

Manassas Homes Summary

Manassas Homeownsers Insurance


Bundle your Manassas insurance policies. Some companies that sell homeowners, auto and liability coverage will take 5 to 15% off your premium if you buy two or more policies from them.

Reduce Your Risk. Find out from your insurance company what steps you can take to make your Manassas more resistant to natural disasters. If you live in an older home, look into modernizing your heating, plumbing and electrical systems to reduce the risk of fire and water damage.


Manassas Real Estate Cycles


What makes most sense is the "buy and hold" strategy. Buy a home you expect to remain in for at least seven years or more. Manassas is no different than most, although the Manassas market does have it's own special circumstances.

Want to get a clear and up-to-date picture of the Manassas real estate market? Call me at any time. I am happy to share my knowledge of the real estate market with homeowners and prospective homeowners who want to take advantage of market trends to buy and/or sell wisely.


Manassas. How Much Should You Offer?


Comparable sales figures is a good guide for homeowners who are pricing their Manassas and a good guide for prospective buyers. Make sure you compare homes that are similar to the one your are considering...the same neighborhood, the same size, the same condition. Also, make sure you compare sales within the past six months.

Ask your REALTOR for a comparison of the list price and sales price of comparable Manassas sales. This information may give you a trend and a guideline for your offer. For example, maybe homes in the area have consistently listed for more than they actually sold for. If that is the case, find out what percentage of reduction occurred. Use this information as a basis for your offer.


Buying Manassas Below Market


While the perfect Manassas option at the right price might come on the market within a couple of weeks, dont expect that kind of time frame. You must be prepared to wait months for right property, and the Manassas is no exception. Remember, most sellers tend to ask MORE than their property is worth, not less so bargains dont pop up every day. Often times, homes that are on the market for too long a period of time will come down in price as the homeowners get tired of having their house for sale but unless the seller is really pressed, home prices tend to come down is small increments unless there is an unfortunate circumstance that might cause the homeowner to price the Manassas under market for the specific purpose of getting a fast sale.

What Makes Manassas Sell?


If your only reason for selling your Manassas is for the purpose of taking your profits there are a couple ways to approach this. Assuming you have lived in the Manassas for two years so you can avoid federal tax consequences, if you sell when prices are high and rent until prices come down before buying a replacement home, you will have maximized your profit. Remember, if you sell when prices are low, you will still make a profit and be able to buy a replacement home while prices are still low.

Manassas BASICS


Location, location, location pretty much describes the basics of all real estate markets and the Manassas market is no exception. A lovely estate home next door to a power plant or on a hill where major sliding has occurred is not as valuable as that same home in a quiet, tree-lined neighborhood. This is why most astute buyers tend to rely on real estate agents who are well versed in the community and know the area well.