About the Culpeper Real Estate Market
The Piedmont Area of Virginia is lush with rolling fields, areas of forest and the beautiful Blue Ridge Mountains. Nestled in this serene setting are the counties of Culpeper, Fauquier, Rappahannock, Orange and Madison; each with their unique qualities and assets. Many people gravitate to this area because of the breathtaking settings and ?quality of life? advantages. These counties are also in close proximity to Washington DC/Northern Virginia, Fredericksburg and Charlottesville, so they provide commuters with the best of both worlds: easy access to the metropolitan workplace and the financial/lifestyle advantages of living outside the hustle and bustle of a city. Fill out the form below and we will send you a relocation package so that you can see for yourself what the Piedmont Area has to offer to you!
Pricing >The Value of Your House
One of the sayings from the "gold-rush" days--"Them that's got the gold, sets the price!"--is also a principle that applies to real estate. We say that a house is only worth what someone will pay for it, even though the owner, the bank, and the agent all have their own opinions about the "market value" of a home. In other words, no sale ever takes place until the buyer agrees with the price.
How can sellers arrive at the maximum "fair" price that buyers are willing to pay? Buyers (and appraisers) make their decision based on comparisons. While shopping for a home, buyers will visit many similar homes in their price range and measure the features of each one against the price. They decide which house offers them the maximum value for the price. Buyers do not expect a home to be a "steal" or dramatically under-priced, but they do expect it to be a fair value.
Sellers must determine the value that their home offers in order to arrive at the right price. The real estate agent will advise the sellers what buyers should be willing to pay for their home, but the asking price is set by the seller.
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