Wally Hughes west broad village 11x17 jul17 sample

ATTENTION POSTMASTER Time Sensitive Materials

Wally Hughes Associate Broker, ABR, CRS, GRI, CDPE

804.513.3240

WallyHughes@gmail.com www.WestBroadVillageProperties.com www.WallyHughes.com

COMMONWEALTH

West Broad Village Real Estate Market Report | July 2017

200 Westgate Pkwy, Ste #102 Richmond, VA 23233 Office: 804.360.5200

Each office Independently owned and operated.

BUILD, BUY, SELL, INVEST, AND LEASE WITH WALLY, YOUR TRUSTED ADVISORY

NOW AVAILABLE 2232 Liesfeld Parkway 3 Beds, 3.1 Baths | 2,220 Est. Sq. Ft.

2017 SECOND QUARTER SUMMARY

WEST BROAD VILLAGE Johnathan and Angela-Marie, With only ten homes available in West Broad Village and two months of supply, we are in a seller’s market. If you’ve considered selling, now is the time to get a great return from your investment! Call me today at 804.513.3240 to find out how I will help you maximize your home’s selling potential!

11

HOMES SOLD 2ND QUARTER 2017

2ND QUARTER

2017 HOME SOLD

PRICES

$410,000

LOW AVERAGE HIGH

$487,000 $542,000

IT’S A SELLER’S MARKET! ONLY 10 ACTIVE HOMES AVAILABLE

28

98.9%

$155

AVERAGE DAYS ON MARKET IN Q2 2017

AVERAGE SOLD PRICE/ LIST PRICE RATIO IN Q2 2017

AVERAGE PRICE PER SQUARE FOOT IN Q2 2017

LOW: 3 • HIGH: 100

LOW: 97.0% • HIGH: 101.0%

LOW: $133 • HIGH: $170

Reflects data from the CVRMLS from April 1st through June 30th, 2017.

PRESENTED BY WALLY HUGHES YOUR WEST BROAD VILLAGE REAL ESTATE SPECIALIST

PREPARED ESPECIALLY FOR

Johnathan and Angela-Marie Williams

Wally Hughes Associate Broker ABR, CRS, GRI, CDPE

Sell with a West Broad Village Specialist and Buy with a trusted Richmond Realtor® with over 35 years of experience. It’s the experience that counts!

804.513.3240

WallyHughes@gmail.com www.WestBroadVillageProperties.com www.WallyHughes.com

UPGRADED LIVING IN THE HEART OF WEST BROAD VILLAGE

ARE YOU CONSIDERING A NEW HOME? Be fore y ou list y our home , le t me s how you t he true va lue of y our home in toda y’s m ar ket and se e w ha t’ s a va ila ble ne a r you!

A C T IV E !

Learn more at: WestBroadVillageProperties.com Whether buying or selling, this comprehensive assessment of your home’s value is provided to you as a complimentary service!

2 2 3 2 L I E S F E L D P A R K WAY 3 Beds, 3.1 Baths | 2,220 Estimated Square Feet Call 804.377.0777 for Price and Status!

The Fairgate model enters on a tile foyer. It has a ground level office/bedroom with a full bathroom, and a two-car rear load garage. On the main living level there’s a custom kitchen with a gas range, tile backsplash, three-drawer refrigerator, large dining area, and a built-in desk. In the family room there’s a power station, lots of light, and ample area seating.

On the bedroom level there’s a deluxe master suite with a dual head shower, as well as a vaulted master with two dormers for extra light. The

Take an Online Tour:

http://idx.imprev.net/03782F07/ 12/31112/5721375/index.html

master has an extra large closet and a relaxing loft. The loft is great for reading and a T.V. This home is located near the club house, has custom dark cabinets and pulls, hardwood floors, tile back-splashes, and a one year home warranty. West Broad Village is Richmond’s walkable urban community in Short Pump, VA. Stroll to the lake, Short Pump Park, workout, and swim in the community pool or ACAC. Nearby restaurants and shopping.

Johnathan and Angela-Marie, Contact me today for an exclusive viewing of this home or to find what’s available near you.

Deep Run District Avg. Year Built Avg. Beds Avg. Full Baths Avg. Half Baths Avg. Rooms Avg. Levels Neighborhoods Alden Park 2017 5 3 1 10 2.4 Benson at Grey Oaks 2017 5 4 1 11 2.0 Dominion Park at Wyndham 2017 5 3 0 10 2.0 Ellington Woods At Wyndham 2017 5 5 1 13 3.0 Estates At Grey Oaks 2017 6 5 1 12 2.6 Foxhall 2017 5 4 1 10 2.7 Holloway At Wyndham Forest 2017 4 3 1 9 2.1 Liesfeld Farm At Bacova 2017 4 3 1 10 2.3 Reserve at Pouncey Tract 2017 5 4 1 12 2.0 Shady Grove Estates 2016 4 3 1 9 2.0 Short Pump Manor at Bacova 2017 4 2 1 8 2.0 Stable Hil 2016 4 5 1 14 3.5 The Enclave at Bacova 2017 5 3 1 11 2.4 Westin Estates 2016 4 3 1 10 2.4 Sale Type Averages New Home Sales West Broad Village Resales

Avg. Year Built Avg. Beds Avg. Full Baths Avg. Half Baths Avg. Rooms Avg. Levels 2016-2017 5 4 1 11 2.4 2000 5 3 1 11 2.3

Avg. Sq.Ft. Avg. $/Sq. Ft. Avg. List Price 3,441 3,547 3,076 4,889 4,686 4,612 2,835 3,536 3,644 3,548 2,282 4,923 3,207 3,424

$168 $177 $175 $192 $170 $202 $176 $166 $158 $187 $194 $142 $169 $199

$563,975 $626,446 $539,150 $938,702 $794,550 $933,300 $492,947 $582,500 $574,175 $664,000 $435,970 $677,490 $529,965 $675,884

Avg. Sq.Ft. Avg. $/Sq. Ft. Avg. List Price 3,689 $177 $644,932 4,042 $150 $590,708

Wally Hughes and RE/MAX Commonwealth are not in any way affiliated with West Broad Village Home Owners Association, nor is this in any way an official advertisement or publication of West Broad Village. ©2017 RE/MAX All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the CVRMLS as of July 3rd, 2017. Listings and sales may not be those of RE/MAX Commonwealth. Neither the CVRMLS, or National Association of Realtors® guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. E&OE. Wally Hughes is a licensed Agent in the Commonwealth of Virginia.

WHAT YOUR NEIGHBORS ARE SAYING...

“

HIGHLY RECOMMENDED Wally, Thank you for the great job you did in selling my home. Your diligence, initiative, and knowledge of the West Broad Village market was outstanding. I’ve moved to my “new” home in Northern Virginia with my “new” husband and selling my home has led us to take the next step in our lives! Thank you!

– Jeanne

”

Johnathan and Angela-Marie, As your neighborhood expert for over 35 years, I understand the true value of West Broad Village homes and nearby new construction homes. If you’ve considered selling, let my marketing and negotiating expertise help you earn the most from your current investment and purchase your new dream home for a great value!