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Andy Pagano-Norbeck Estates-April 2019

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ANDY PAGANO

RE/MAX Success 10244 River Road Potomac, MD 20854

REALTOR® | RE/MAX Success

Direct: 240.506.6990 Office: 240.252.5833

NORBECK ESTATES

Homes@AndyPagano.com www.AndyPagano.com www.NorbeckEstatesHomes.com

www.NorbeckEstatesHomes.com

Each Office Independently Owned and Operated.

April 2019 Real Estate Market Report

Stage for Success IS YOUR HOUSE SET UP TO QUICKLY GRAB THE ATTENTION OF POTENTIAL BUYERS?

81%

of Buyers are able to visualize a

house as their future home when it has been staged* *2015 Profile of Home Staging, Reported by National Association of Realtors

DEPERSONALIZE

LIGHT & BRIGHT

Remove your memorabilia so buyers can imagine making their own memories.

Boost the mood by opening curtains or blinds and leaving lights on for showings.

SQUEAKY CLEAN

ORGANIZE

Buyers want a clean start; you want to maximize your value. Tidying up your house allows buyers to see the home’s true value and possibly make a higher offer.

Remove any unnecessary personal items (family pictures, memorabilia, etc.) to make your house appear larger.

SEAMLESS SET UP POSITIVE FOCUS Make sure buyers can easily move from one room to the other without having to walk around awkwardly placed furniture or belongings.

Highlight the positive focal points or unique features in your house with decor or furniture arrangements to let the buyer see how it may benefit them.

JONATHAN AND ANGELA-MARIE, Let me help you prepare your house for a successful sale. Call me at 240.506.6990 to get started today!

PRESENTED BY ANDY PAGANO Your Norbeck Estates Real Estate Specialist

PREPARED ESPECIALLY FOR

Jonathan and Angela-Marie Williams


ANDY PAGANO

Andy Pagano. Local Expert. Globally Connected!

REALTOR® | RE/MAX Success

Direct: 240.506.6990 Office: 240.252.5833

RE/MAX United States

RE/MAX China

RE/MAX Germany

RE/MAX Dubai

Homes@AndyPagano.com www.AndyPagano.com www.NorbeckEstatesHomes.com

Proudly Serving Montgomery County Since 2004

NORBECK ESTATES MARKET REPORT JONATHAN AND ANGELA-MARIE, If you’re curious about your home’s current value, whether for future sale, estate planning, or any other reason, call me today at 240.506.6990. Let my marketing go to work for you!

Homes Currently Listed in Norbeck Estates Status Active

Address 16705 George Washington Drive

Beds 4

Total Baths 2.50

Estimated Square Feet* 3,000

WAITING CAN COST!

List Price $598,000

Homes Currently Pending in Norbeck Estates There is NO homes currently pending in Norbeck Estates. For more information on any listings, give me a call at 240.506.6990.

Homes Recently Sold in Norbeck Estates Status Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold

Address 17016 Freedom Way 16908 George Washington Drive 17104 Cherry Valley Court 17004 Cashell Road 4817 Cherry Valley Drive 4513 Valley Forge Drive 16813 George Washington Drive 4509 Minuteman Drive 4701 Powder House Drive 4708 Powder House Drive

Beds 5 4 4 4 4 4 4 4 4 6

Total Baths 2.20 2.20 3.50 2.50 2.50 2.50 2.50 2.20 2.50 3.00

Estimated Square Feet* 2,500 2,200 2,500 2,500 2,500 2,300 2,100 2,500 2,500 2,300

List Price $559,900 $599,900 $599,900 $479,900 $463,000 $414,000 $549,000 $600,000 $559,900 $599,000

Sold Price $533,000 $599,900 $627,000 $446,250 $460,000 $414,000 $540,000 $600,000 $558,000 $599,000

Sold Date 03/15/19 03/05/19 02/19/19 02/11/19 12/28/18 10/19/18 09/25/18 08/24/18 08/06/18 06/22/18

Andy Pagano and RE/MAX Success are not in any way affiliated with Norbeck Estates Home Owners Association, nor is this in any way an official advertisement or publication of Norbeck Estates. © 2019 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the BrightMLS between June 1st, 2018 and March 18th, 2019. Listings and sales may not be those of RE/MAX Success. The BrightMLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Estimated Square Feet rounded to nearest hundred.

HOW DOES WAITING AFFECT THE SALE OF YOUR HOME AS INTEREST RATES RISE? Housing agencies predict that interest rates could reach new highs by the end of 2019, increasing the overall cost to purchase, thus greatly reducing the number of qualified buyers!

IF INTEREST RATES RISE FROM 4.41% TO 4.7%...

LOAN AMOUNT

INCREASED COST

$250,000

$15,557

$500,000

$31,115

$750,000

$46,672

$1,000,000

$62,230

JONATHAN AND ANGELA-MARIE, Call 240.506.6990 to learn how my marketing will attract qualified buyers and allow you to purchase your next home before interest rates increase!

Interest Rate as of February 11th, 2019 was 4.41%, Freddie Mac predicts a 4.7% interest rate by the end of 2019.


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