Kentlands Real Estate – Old Farm 5-Year Trends

The Kentlands Real Estate Report(c) is an analysis of residential real estate trends from 2012 through June, 2017. Download this installment on Old Farm:  Kentlands Real Estate Report – Old Farm Aug 2017 – based on sales of detached homes and townhouses in the Old Farm neighborhood. An overview of this small neighborhood in the heart of Kentlands reveals that while Kentlands home property values remain relatively constant, homes in Old Farm are showing price increases above the average. Increases in tax assessments, however, are growing faster than net sales per square foot. Homeowners, and potential listers, in this neighborhood have to balance the inherent value associated with “much-sought-after” Kentlands with the need to keep updating their homes that are now 20-25 years old. Still, value in Kentlands, and particularly in Old Farm, continues at a strong pace. For more information, contact Steve Longley, The Faulkner Team, steve@faulknerteam.com.

 

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