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Market Monday - Vol. 32

December 2, 2019

 

Stunning Victorian Home

113 G Street, Mountain Lake Park, Maryland

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 25, 2019 - December 2, 2019 🏡

  • Garrett  County Homes For Sale 375 Residential Properties on the Market 

  • 12 New Homes Listed 

  • 5 Homes Sold 

  • 28 Homes were Withdrawn, Cancelled, or Expired from the market 

  • 7 More Homes are now pending settlement 

  • The average close price of homes that sold last week was $205,200

  • The homes that sold last week got an average of 91.5% of their list price

  • The homes that sold last week were on the market for 117 average days

Tip of the week

 

 The What + Why For Home Warranties

 

If you’ve only ever rented before, the necessity of a home warranty may be unknown to you. As a renter, you are used to a landlord who will fix any issues you run into - but that all changes when you become a homeowner. Now, when a water heater breaks or the fridge starts to leak on the new floors in the kitchen, there is no landlord to call. So what do you do now? You may have a friend or family member who can handle the smaller fixes, but when it comes to the big issues that will end up emptying your pockets, a home warranty can save the day.

 

A home warranty is similar to insurance, as it covers some or all of the costs of replacements or repairs when a system in your home malfunctions or stops working altogether. They range in annual costs of $300-$900 and remove the middle man in the fixing process. Instead of finding someone to fix an issue, you will directly contact your warranty provider and they will set up the repair or replacement with the appropriate vendors. Your premium usually covers all costs, with the exception of a co-pay which is typically around $50. 

 

If you’re wondering who should buy a warranty, they are usually recommended for first time home buyers who have rented up until that point. When you are used to having a landlord, a home warranty can fill that role in a different way. Home warranties are great for homes with both members in the work force outside of the house or just busy family members who can’t always be home to wait for the repair person window or find the time to even get quotes for the best repair shops in the area. Home warranties aren’t just for first time buyers, though. If your appliances are nearing the end of their life expectancy, now would be a great time to get a warranty. If all of your appliances were purchased in the same time frame, you don’t want to face the costs of them all failing at the same time. Warranties can save you time and money, especially in the first year of ownership.

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