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Market Monday - Vol.29

Stunning Victorian Home

Available for $334,900

The Colonial is an incredible find in the heart of beautiful Mountain Lake Park. The community is reemerging and embracing it's unique history, of which the Colonial played a large role. Built in 1905 as a boarding house, this home offers tremendous space that is so versatile as a large full time home, a vacation residents (perfect for nearby Deep Creek Lake!), or a potential investment. From the moment you enter the welcoming foyer, with cathedral ceilings and ornate design, you'll feel at home here. 2 living spaces, a formal dining room, 2 staircases, and a stunning gourmet kitchen are just a few highlights of this rare gem. 2 of the 8 bedrooms are master suite. The second floor master offers an absolutely fantastic bath. The large backyard is bordered by a charming brick driveway, hardscaping including a patio near the thoughtfully designed 2 car garage. So much possibility is waiting for you at 113 G Street in Mountain Lake Park, Maryland!

Interested in learning more about selling your Garrett County, Maryland Home?

Email by clicking here Call C: 410-487-4914 // O: 301-397-4700

🏡Check out other listings still for sale >> click here

 

Market Monday Stats

🏡 November 4, 2019 - November 11, 2019 🏡

  • Garrett County Homes For Sale 352 Residential Properties on the Market

  • 13 New Homes Listed

  • 5 Homes Sold

  • 11 Homes were Withdrawn, Cancelled, or Expired from the market

  • 8 More Homes are now pending settlement

  • The average close price of homes that sold last week was $585,533.33

  • The homes that sold last week got an average of 92% of their list price

  • The homes that sold last week were on the market for 172.5 average days

 

Tip of the week

5 Must-Do's Before Buying a House

If you’re ready to begin the journey of homeownership, it is important to cross a few items off of your to-do list before hunting for the perfect house. Buying a home is a process, and you want to be as prepared as possible. Here are a few steps to take that will get you ready to buy a home.

1. Get your money straight.

A year to six months before you begin the buying process, find a lender and have them pull your credit. This will give you insight into what you expect and what you may need to mend before you can make the purchase that you want to. Your lender will be able to let you know what you qualify for based on your income at the time so that you can look for homes within your price range when the time comes.

2. Decide where you are willing to stay a while.

A home is a commitment. You can always resell, but with the transaction fees that come along with buying a home, you may end up losing equity if you try to sell your home quickly after buying it. If you don’t think the home is somewhere you can see yourself for several years, keep looking.

3. Don’t hesitate to take your time.

There is a lot more to the purchasing process than just buying a home. It is important to weigh the pros and cons of a home that you are considering buying. How is the neighborhood? Will the long commute be overwhelming in 6 months? Make sure you’ve considered the aspects of what makes up your day-to-day life and how your new home will help or hurt that process.

4. Know the difference between your dream home and a fantasy home.

Being realistic is a key part of making the home buying process easier on you. Your agent will work hard to make your deal the best it can be, but when it comes down to it, you will usually get what you pay for. Major discounts typically mean you will have work to do, and that doesn’t necessarily mean a steal for you. Be realistic during your search and keep in mind that the perfect home might not be out there, but that doesn’t mean that your dream home isn’t.

5. Find an agent for you.

Finding an agent that works for you take a major weight off of your shoulders in the home buying process. Ask your friends and family, and look into local agents that come highly recommended. When you find a trusted agent, they will be able to show you houses that you can’t find from a simple internet search and be able to negotiate for you along the way. It is their specialty - don’t waste the time or energy trying to do the job of a realtor on top of everything else you have on your plate!

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