This is the second article in a blog series on the Grove at Huntley Meadows. You can read Part 1 here.
The Grove at Huntley Meadows – Current Listings for Sale
View all Grove at Huntley Meadows homes currently for sale
There was also a bank owned property that closed for a net of $575,000 in the winter. It was an "as-is" sale that was listed as needing work. The kitchen was not updated. Bank owned properties typically sell for under market value.
View all Closed Sales in this Alexandria Neighborhood from the Past 12 Months!
View all closed sales of the Grove at Huntley Meadows from the past 12 months
Also, going back farther than 6 months, there was another standard sale that closed for $585,000 with a $7,000 seller subsidy. This was the same smaller model as the $635,000 net property, so it seems like kind of an odd anomaly.
In my opinion, the two larger properties that are currently on the market in the Grove at Huntley Meadows are overpriced. There’s no doubt these are the largest models with the largest lots in the subdivision, but not by a ton compared to other recent sales. If this were the height of the spring market, perhaps the level of buyer demand could sustain these prices, but things are starting to slow down a bit as we get closer to the fall market.
If you are a home buyer who is looking for a 4 or 5-bedroom, large Grove at Huntley Meadows home, you should probably expect to pay a net sales price (sales price in addition to any seller subsidy) of somewhere in the $650,000s.
Are you thinking of making the Grove at Huntley Meadows your new home? Call me at 703-462-0700 or email me at DarrenRobertsonHomes@gmail.com to set up a showing for one of the properties currently for sale here.