Bonus Previewing

Thursday afternoon at the office found me with a lot of time and not much to do and whenever there isn't much to do, or I have finished everything I did have to do, it is time to make something to do. I headed just down the street for some bonus previewing for the week in the Poplar Estates and Poplar Tree Estates subdivision. As there isn't much difference in the types of houses in the subdivisions I am deciding to analyze them as one.

In total there are five active listings and two under contract which gives the subdivision a market absorption rate of 2.5 and of the six that sold in the past three months the average sold price was $517,775.00. Those properties stayed on the market for an average of 104 days and received 95.67% of list price.

It is an interesting neighborhood with a good variety in style of home. Having been in a number of the homes I can point to similarities in the floor plans, but they are different enough that no two homes were exactly alike. The best floor plan was one of the ones in Poplar Estates. It had a large master bedroom suite with two large walk in closets and a large master bedroom.

Aside from having a large master bedroom the second, third, and fourth bedrooms were larger than average and they all had big closets. The main level was just as nice with a sitting room to one side of the entrance and the dining room on the right. The sitting room had glass doors that opened to the family room which sat next to a fully upgraded kitchen. In total the taxable living area for the home is 2,622 sq. ft. and it does have a finished basement.

All of the homes previewed in that neighborhood were nice but that is the one that stood out. There was one for sale as well on the same court and it had a unique floor plan with an open entrance with cathedral ceilings and a step down from the dining room into the family room. I liked the unique floor plan and how open and inviting the home felt when it was entered. I am someone who likes uniqueness in a property especially in a designed neighborhood and this floor plan really stood out.

Both the Poplar Estates and Poplar Tree Estates subdivisions would be a good place to show homes to someone looking in the Chantilly area in the mid-500's to mid-600's price range. There were advantages to all the homes seen on Thursday and now I am better armed to discuss that area with potential buyers.

I learn something new in real estate everyday
so you don't have to
David Huzzard
www.SuperNoVaRealty.com