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Updated over 5 years ago on . Most recent reply

User Stats

3
Posts
1
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Shane Bond
  • Contractor
  • Lancaster, PA
1
Votes |
3
Posts

I have property now what do I do?

Shane Bond
  • Contractor
  • Lancaster, PA
Posted

My family has property in Manassas Virginia. We’re at the point where it’s almost paid off and we’d like to sell it and start flipping houses. All the surrounding properties are very pricey and the houses are selling At 1,000,000+. This would take some serious investors and developers to get the most out of it. Does anybody have any good suggestions that would help us move forward?

Most Popular Reply

User Stats

118
Posts
63
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Heather Skowronsky
  • Real Estate Agent
  • Manassas, VA
63
Votes |
118
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Heather Skowronsky
  • Real Estate Agent
  • Manassas, VA
Replied

@Shane Bond I just pulled up the listing(s) - I see the other parcel that was separated from the main 10+ acres when Hoadly Rd was moved.  There is another property for sale near your family's property that is on 5+ acres with a remodeled rambler on it listed at $565,000.  I think asking $1mm for 10 acres zoned agricultural is way high, you can typically get 10 acres in our area for $200K give or take depending on the exact location.  I know that there is the potential for commercial zoning/usage but (at least per the listing and public record) it looks like it's just zoned agricultural.  Your agent probably knows more about this, I'm sure he does.  You've got an excellent agent - he has a great reputation in our area.  I wouldn't change agents if I were you.  Just my honest opinion!

  • Heather Skowronsky
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