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Auction for high-end real estate in Reston Virginia
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The Mercer in Reston Virginia
It's a sign of the times and a boon for homebuyers that The Mercer, a high-rise condominium in Reston, Virginia, is auctioning off their remaining one and two-bedroom homes. The starting bids are set at more than 45 percent below previous asking prices.
The minimum selling price for the eight one-bedroom homes is $155,000. The 22 two-bedroom homes have minimum selling prices starting at $205,000. Previous asking prices were $280,000 to $390,000.
Prospective buyers must register in advance for the auction.
Amenities at this high-end development include private balconies and terraces, ceramic tile baths and upgraded kitchens with stainless steel appliances, maple cabinets and granite counters. The building has private parking, valet services, an outdoor pool, a fitness center, a business center and a high-tech media room.
Accelerated Marketing Partners (AMP) is handling the auction which will take place on Sunday November 23 at 4:00 p.m. at the Hyatt Regency in Reston at 1800 Presidents Drive. Call 703/390-9324 for more information or to register.
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