Broad Run, VA Foreclosures
How much do homes sell for in Broad Run, VA?
The average home price is currently $803,389.
What’s the average rental cost in Broad Run, VA?
The average rental price in Broad Run is $2,228.
What is the most expensive home in Broad Run?
The most expensive home sold in Broad Run had a price of $4,884,700.
What is currently the cheapest priced home in Broad Run, VA?
The cheapest home for sale in Broad Run is priced at $189,767.
Living in Broad Run, VA
Broad Run is a serene and picturesque community located in Virginia, known for its peaceful rural atmosphere and proximity to nature. The area boasts stunning landscapes, with rolling hills and lush greenery, making it perfect for outdoor enthusiasts. Residents enjoy a tight-knit community feel while being conveniently close to major highways for easy access to nearby towns and cities.
Current Market Conditions in Broad Run, VA
The Broad Run real estate market has showed consistent growth over the past few years, with an increasing demand for homes driven by the area's appeal as a serene, rural retreat. This has resulted in a competitive market, with homes attracting buyers who are looking for green spaces and a suburban feel while still being in proximity to urban amenities.
Current trends indicate that home prices have risen, reflecting the increasing desirability of the area. Buyers are willing to pay a premium for properties that offer larger lots, scenic views, and modern amenities, contributing to the upward pressure on prices. As a result, it has become essential for potential buyers to act quickly when suitable homes come to market.
Home Value Estimator For Broad Run, VA
There are currently 710 real estate properties
in Broad Run, VA,
with a median automated valuation model (AVM) price
of $769,120.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Broad Run, VA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Broad Run, VA,
is $803,389.00, with the most expensive house
in Broad Run, VA, topping out
at $4,884,700.00 and the cheapest home
in Broad Run, VA,
clocking in at $189,767.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Broad Run, VA!
Rent Prices
In Broad Run, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Broad Run, VA, is on
a rollercoaster ride. The
average rent price in Broad Run, VA,
is $2,228.00. Indeed, when looking to rent in
Broad Run, VA, you can expect to pay as little
as $1,340.00 or as much
as $4,400.00,
with the average rent median estimated to
be $2,160.00. The good news is that finding
an affordable and desirable property to rent in Broad Run, VA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
