Real Estate Showcase - November 2020

Real Estate

5.6 Acres Beautiful Mountain Views Convenient to Harrisonburg See page 5

Saturday, November 21, 2020

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Saturday, November 21, 2020

REAL ESTATE SHOWCASE

Home Buying During The COVID-19 Outbreak

H

omeowners know that the process of buying a home can be both exciting and nerve-wracking. The anxiety associated with buying a home has hit new heights during the outbreak of the novel coronavirus COVID-19.

Historically low interest rates and limited inventory has made 2020 an especially unique time to buy a home. It’s also a competitive and potentially expensive time to buy a home. While the economic consequences of COVID-19 have been severe, the Federal National Mortgage Association, also known as Fannie Mae, forecasted a significant increase in median home prices in March 2020. City dwellers have scrambled to buy homes outside of cities, where social distancing is more difficult and the risk of getting COVID-19 appears greater than it is in suburban or rural settings.

That’s led to a lot of competition among prospective buyers.

Prospective home buyers willing to enter the hectic fray and shop for a home during the COVID-19 outbreak may benefit from knowing what to expect as they search for their next home.

• Get ready for virtual tours. Buyers might once have scoffed at the notion of buying a home they’d only seen in videos, but virtual tours have become the new normal in the wake of the pandemic. An April survey from the National Association of Realtors® found that home tours had declined sharply. While 98

Harrisonburg, Va.

REAL ESTATE SHOWCASE percent of realtors reported taking clients on home tours as recently as February, that number had declined to 63 percent by April. As many regions pause their reopening plans, prospective home buyers should ready themselves for virtual tours as opposed to in-person home tours.

Harrisonburg, Va.

Saturday, November 21, 2020

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• Expect limited inventory. While home prices are up, many people are holding onto their homes. The NAR reports that total housing inventory at the end of May 2020 was down nearly 19 percent from the end of May 2019. Buyers will have less inventory to choose from, so those intent on buying may need to prioritize what they need in a home and focus on finding properties that can fulfill those needs.

• Expect to move quickly. Realtors have seen homes sell within days of being listed, and that has put pressure on buyers to move quickly. It also highlights the importance of finding a home inspector before your search begins as well as a lender who can handle quick closings. Ask around for recommendations, but make sure you have these two important professionals lined up before beginning your search. Doing so will give you a better chance of buying in an unusual time.

• Make the best down payment you can afford. A high down payment makes buyers look better no matter the state of the economy. An offer with a high down payment looks like a stronger offer, and that can make the difference between winning and losing a potential bidding war.

Buying a home during the COVID-19 outbreak presents some unique challenges to prospective buyers.

LAND FOR SALE .60 Acre, Grottoes .........#183290 $60,000 8 Acres, Grottoes ...........#546298 $98,550 .75 Acre, Weyers Cave Well & Septic Already Installed ......#590542 $70,000 16 Acres, Grottoes ...... #546225 $175,000

544 Chicago Avenue, Harrisonburg 2/3 bedroom, 1 ½ bath Ranch home with great location close to all amenities.

Large yard, lots of updates, move in ready. $234,900 #608443

283 RUSTIC AVE., BROADWAY

5610 ARCHERS LANE, HARRISONBURG .41 Acre lot, 3 bedroom, 2 bath All brick cape, bedroom/bath on main level, screened porch, 2 car garage, storage building. Hardwood, tile and berber. Open Floor plan, roof 2 years old, new central A/C, newer gas furnace. $274,900 #609333

Like new 2015 Craftsman style home in Rustic Knolls. .4 Acre lot, 3 bedroom, 2 ½ bath, privacy fenced backyard, screened porch, storage building, oversize 2 car garage, 2 zone heat/AC, lots of storage. $340,000 #609859

432 Hickory Grove Circle, Harrisonburg Meadow Pointe Village 55 & Better Community, 3 B/R, 2 BA, 1,667 sqft single level living Duplex, attached garage. Remodeled full bath, heat pump. Oak hardwood. Lawn maintenance and snow removal included. $317,000 #604537

20 Acres, Grottoes ...... #546296 $198,000

HARRISONBURG

27.20 Acres, Grottoes #605795 $255,400

4 ACRES

4.07 Ac, Development Land Harrisonburg ............. #565610 $750,000

437 Hickory Grove Circle, Harrisonburg 2 B/R, 2 BA Duplex in 55 & Better Community, all on one level, 2 car attached garage. Community Center, walking trails, green space, pond. $275,000 #605721

175 Griffin Lane, Broadway 3 bedroom, 2 ½ bath Townhouse, great condition, good investment property! $129,9000 #574850

611 Grubert Avenue, Staunton

2 Bedroom with basement, minutes from downtown! $139,900 #610219

500 12th Street, Grottoes

5 bedrooms, 3 full baths, chefs dream kitchen, screened porch, 2 car attached garage, hot tub & storage building, fenced back yard. MUST SEE! $399,900 #610143

Of development potential in City, Corner of Smithland and Old Furnace Road, lots of road frontage, borders I-81, great visibility.

$750,000 #565610

BUILDING LOTS FOR SALE SHENDON GLADES Off of Horsehead Road, Grottoes 8 to 27 Acre lots. Beautiful wooded lots bordering Shenandoah National Park & U.S. National Wilderness.

Good, easy access to each parcel, perked for septic.

Call for more details.

VISIT MORE HOMES AT www.NancyBeahmRealEstate.com David Crull ........................................................... 578-4022 Gordon Cowan..................................................... 229-4307 Amos Agyekum ............................................ 774-243-4082 Jim Crawford ........................................................ 271-3301 John Clinedinst................................................................. 810-9307

Corri Wrenn Collins .......................................................... 820-3685 Ray Barnes ......................................................................... 820-7900 Judy Derrow...................................................................... 421-9603 Nancy Beahm ................................................................... 433-6666

1750 South Main Street • Harrisonburg, VA 22801 • Office (540) 433-6666 • Fax (540) 433-0455

nbeahmrealestate@aol.com www.nancybeahmrealestate.com

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REAL ESTATE SHOWCASE

Saturday, November 21, 2020

Luray

Honeyville Rd., Stanley

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Harrisonburg, Va.

Broadway

Harrisonburg, Avalon Woods CT

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Why pay rent when you can own. 2-BR, 1½ BA stylish townhome on Fourth Street in Luray! Rates are low, look at this great layout, nice deck, backyard, shared storage building. $125,000. Call/text Andrew Horn 540-421-2440 or Nick Whitelock 540-3839601 online www.MassanuttenRealty.com #610690

Affordable 3 BRs 1 BA ranch home with updates including a roof (2019) hot water heater and more.

Large 19x25 carport too, unfinished basement and room for expansion. $139,900. #610086. Call/text Andrew Horn 540-421-2440 or Nick Whitelock 540-383-9601 online www.MassanuttenRealty.com

Cape Cod offers 4-bedrooms 2 baths on ¼ acre lot.

Basement garage and unfinished area for your to personalize! Property is offered “as is” see HUD case #541-923278 property reports available there.

Offered $167,000. #607396. Call/text Gary Mitchell 540-578-0178 online www.MassanuttenRealty.com

Great opportunity to own a 3-bedroom 1.5 bath townhome in a super convenient location. Minutes from JMU and SENTARA, new flooring and carpet. Perfect for investors or primary home owners. $169,900. Call or text Nick Whitelock at 540-383-9601

Massanutten

Piney Mt., Massanutten

Massanutten

Harrisonburg

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Well cared for 3-bedroom 2 bath contemporary offering vaulted ceilings and a great floorplan.

Free standing fireplace, offered at $229,900. Call or text Chris Whitelock at 540-820-4492 online www.MassanuttenRealty.com. #610100

Great floorplan, vaulted ceilings , good views of the Blue Ridge mountains. Near the waterpark, convenient location. 2 bedrooms 2 baths, 1/3 acre lot, access to POA discounts and amenities. $235,900 call/text Nick Whitelock 540-383-9601 online www.MassanuttenRealty.com

Elkton

Grottoes

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Beautiful hilltop setting adjoins the Shenandoah Natl Park (310ft) solid built well cared for brick ranch. Original hardwood flooring huge kitchen & gathering area, numerous updates including siding, roof & gutters. $249,900 call/text Nick Whitelock 540-383-9601 online www.MassanuttenRealty. com #609222

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Updated 3 bedroom 1.5 bath farm home, tastefully updated inside on 1.09 acres. Detached garage with a 1 bedroom 1 bath apartment included. $259,900 call/text Molly Billhimer 540-282-1589 online www.MassanuttenRealty.com #609649 LLC owner related to agent.

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Just available this 4-bedroom 2-bath ranch home, private setting 1/3 acre lot. Cozy woodstove, numerous updates & a hotub too, offered at $244,500 online. Call or text Chris Whitelock at 540-820-4492 online www.MassanuttenRealty. com #610310

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Holiday Hills location near shopping, schools, dining and more. 3 bedrooms 1 bath, garage too. $244,500. Call or text Gary Mitchell at 540-5780178 online www.MassanuttenRealty.com

view all properties online at www.MassanuttenRealty.com

Thinking about selling?

Give us a call we will provide a free market analysis!

REAL ESTATE SHOWCASE

Harrisonburg, Va.

Elkton

Elkwood

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Saturday, November 21, 2020

Massanutten

Massanutten CT

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Just available this 3-bedrooms 1.5 bath townhome, move in ready! Great town location near schools, restaurants and shopping, offered $154,900. Call or text Nick Whitelock 540-383-9601 online www.MassanuttenRealty.com #610963

Rare opportunity to own a 4 BR, 3 BA home on a large 1/3 acre cul-de-sac lot. Cherry & Oak hardwood flooring, lower walk-out level offers a cozy den, would make a great in-law suite. Lots of updates, offered $309,900. Call/text Nick Whitelock 540-3839601 online www.MassanuttenRealty.com #610535

Fabulous contemporary ranch with a beautiful new kitchen, marble countertops,ceramic plank flooring, gas range & more. 3bedrooms 2.5 baths, screened porch and 2-car garage. $349,900 call/ text Chris Whitelock 540-820-4492 online www.

MassanuttenRealty.com #610813

Incredible Massanutten contemporary ranch, vaulted ceilings, 4-bedrooms 3 baths large 1/3 acre lot . Open floorplan, winter views. $365,000.

Call or text Gary Mitchell at 540-578-0178 online www.MassanuttenRealty.com #609274

McGaheysville

Elkton

Massanutten

Elkton

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Just available - 3 BR 2 BA home, 5.6 acres, beautiful mountain views. Convenient to Harrisonburg, yet nice rural setting. Cathedral ceilings in dining area & great room, hardwood flooring, stainless appliances, double ovens, home office with custom cabinetry.

Attached 2-car garage & Detached 40x30 garage, 4 doors 3-4 cars, auto enthusiast take a look! $489,900 call/text Nick Whitelock 540-383-9601 online www.

MassanuttenRealty.com

16.37 ACRES Hidden Springs Farm says it all! Poultry operation, 2- 70x 440 houses, litter shed,loading dock back up generator. 2-bedroom residence with a new bath and flooring. Great views from this spot too. $499,900 call/text Ethan Smith 540-810-1131 online www.MassanuttenRealty. com #608681

Elkton

Broadway

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Breathtaking views out through the kettle, onward to the Blue Ridge mountains! Underground utilities, 5-bedrooms 4 baths, DRAKE LODGE an established vacation rental, unique Village Woods location, offered $549,900. Call/text Gary Mitchell 540-578-0178 online www.MassanuttenRealty. com #608689

A top producing poultry farm, 40 plus acres of fenced pasture, 2- 63x624 poultry houses currently under contract, built in 2015 with extras above specifications! Infrastructure in place for a 3rd. 50x60 heated shop, updated farmhome with 4-bedrooms 2.5 baths. $1.8 million, Call/text Ethan Smith 540-8101131 online www.MassanuttenRealty.com #607511

Business Opportunity Heart of Elkton at view all properties online

www.MassanuttenRealty.com

Looking for some elbow room? Your own private oasis?

Extended family compound? 162 acres, top of the world in Hensley Hollow! Includes 2 homes built in 2009, surrounded by the Shenandoah National Park. Homes have been built with plenty of windows to capture the views. Call/text Gary Mitchell 540-578-0178. $2.595 million, online www.MassanuttenRealty.com #605882

Wide open spaces, fresh air and mountain views.

Minutes from Harrisonburg this 3-bedroom 3-bath home on 2 acres is ready for a new owner.

Most of the original wood features remain, this historic home has been updated. Age is unknown! $289,900. Call/text Jeff Konstant 540-908-1877 online www.MassanuttenRealty.com

Thinking about selling?

Give us a call we will provide a free market analysis!

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Saturday, November 21, 2020

REAL ESTATE SHOWCASE

Harrisonburg, Va.

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2840 Leighton Way, Rockingham

A PERFECT BLEND OF CRAFTSMANSHIP, TEXTURE, VIEWS, AND EXTRAORDINARY SPACES! This home is a showcase of EHDXWLIXO À QLVKHV Á RRGHG ZLWK ZRQGHUIXO QDWXUDO OLJKW EHGURRPV IXOO EDWKV KDOI EDWK 0/6

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NEW LISTING

UNDER CONTRACT

5596 Green Hill Road, Linville

3712 Taylor Spring Ln, Rockingham

2169 Fort Lynne Rd, Rockingham

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2210 Lapis Ln, Harrisonburg

TBD Ralston Rd, Rockingham

681 Sherwood Ave, Waynesboro

TBD Fadley Rd, Weyers Cave

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Harrisonburg, Va.

REAL ESTATE SHOWCASE

Saturday, November 21, 2020

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REAL ESTATE SHOWCASE

Saturday, November 21, 2020

Harrisonburg, Va.

REAL. LOCAL. SAVINGS. John Edwards Let our team of experienced lenders help you secure the perfect financing to make sure you are HOME for the holidays!

1854 East Market St, Harrisonburg 540-568-1844 geico.com/harrisonburg

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