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Short Sale Listings in Fancy Gap, VA

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Living in Fancy Gap, VA

Fancy Gap is a scenic town nestled in the Blue Ridge Mountains of Virginia. It offers breathtaking views and a calm atmosphere, perfect for those who enjoy nature and community living. Ideal for families and outdoor lovers, the town blends local amenities with opportunities for recreation and education.

Current Market Conditions in Fancy Gap, VA

The real estate market in Fancy Gap has seen a stable increase in demand, particularly for vacation homes and investment properties. The combination of natural beauty and a growing interest in rural living has attracted buyers looking for second homes or retirement options.

Currently, properties in Fancy Gap range widely in pricing, which allows for diverse investment opportunities. With continued interest in the area, real estate values are expected to appreciate, making it a promising venture for investors.

Home Value Estimator For Fancy Gap, VA

There are currently 1,636 real estate properties in Fancy Gap, VA, with a median automated valuation model (AVM) price of $202,608.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fancy Gap, 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 Fancy Gap, VA, is $220,210.00, with the most expensive house in Fancy Gap, VA, topping out at $1,991,391.00 and the cheapest home in Fancy Gap, VA, clocking in at $16,100.00. In other words, there’s something for every potential homebuyer or savvy investor in Fancy Gap, VA!

Rent Prices In Fancy Gap, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fancy Gap, VA, is on a rollercoaster ride. The average rent price in Fancy Gap, VA, is $1,007.00. Indeed, when looking to rent in Fancy Gap, VA, you can expect to pay as little as $520.00 or as much as $2,340.00, with the average rent median estimated to be $970.00. The good news is that finding an affordable and desirable property to rent in Fancy Gap, 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.

Fancy Gap, VA Short Sale Listings


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