Northern Virginia Real Estate by Darren Robertson

Dec. 18, 2017

Fairlington Mews - Properties for Sale and Market Update #3

Our Fairlington Mews condo market snapshot shows you what’s currently for sale in this condo community, as well as an analysis of recent sales in the neighborhood.

Search all Fairlington Mews Condos for Sale

Recent Sales – Analysis

All data in this blog post came from the MRIS, the local multiple listing service that Northern Virginia real estate agents use. 

  • Sales of 1-bedroom condos in this community from the last 12 months ranged from $390,000 with a $5,000 subsidy to $439,000.  
  • In the last 12 months, 2-bedroom condo sales ranged from $460,000 to $475,000 with a $775 subsidy.
  • There are currently two 2-bedroom condos under contract for $430,000 and $440,000 respectively.

How Much Should You Expect to Pay for a Fairlington Mews Condo?

  • For a 1-bedroom property, you’ll probably end up paying somewhere from the high $300,000s to the mid $400,000s. 

View all recent sales of condos in this Fairlington community – property information is updated in real time.

  • If you’re planning on buying a 2-bedrom condo in this community, you should expect to pay from around the mid $400,000s to the low $500,000s, depending on the level of upgrades.
  • Sales prices in this community largely depend on the square footage of the property, how many upgrades the unit has, and whether the property is a corner unit. 
  • Your sales price will also largely depend on your timing with regard to buying, and how much competition you have among buyers. For instance, last spring was an intense seller’s market and it was very common to see bidding wars among buyers for well-priced properties.

Schedule a Viewing for a Fairlington Mews Condo!

Call me at 703-462-0700 or email me at DarrenRobertsonHomes@gmail.com to book at time to see a Farilington condo. There are lots of great properties in this area, so it’s good to get out there are start looking at places, even if you’re very early on in your home search.

Get a free instant property value estimate for your Fairlington Mews property!

Fairlington Mews condo - instant property value estimate

Thinking of Selling Your Fairlington Condo?

Have you given any thought to putting your property on the market? Contact me to request a free market evaluation, which will help give you an idea of how much your property could sell for if you decided to put it on the market.

Check out previous market reports for this condo community on our website!

March 2017 – Fairlington Mews Condo Market 

March 2015 – Fairlington Mews Condo Market Update 

Dec. 17, 2017

Horizon House Condos - Properties for Sale and Market Update #4

Searching for Horizon House condos for sale in Arlington, Virginia? This market update blog post lets you view every property on the market in this community, and it also gives you access to pending and closed sales from the past 6 months.

Search all Horizon House Condos for Sale

Market Snapshot

All sales data in this analysis came directly from the MRIS, the Northern Virginia MLS that local real estate agents use for their property research.

  • In the past 6 months, 1-bedroom condo sales in this community ranged from $207,500 to $300,000 with a $4,000 subsidy.
  • Sales of 2 bedroom condos in this building have ranged from $357,500 to $480,000 in the past 6 months. 
  • There was also a sale of a 2 bed/2.5 bath penthouse unit. It closed for $862,000.

What Should You Expect to Pay for a Horizon House Condo in the Current Arlington Real Estate Market?

  • For a 1-bedroom condo, you’ll likely pay somewhere from the low $200,000s to low $300,000s.
  • For a 2-bedroom property, you’ll probably end up paying somewhere from the mid $300,000s to high $400,000s.
  • In large part, sales prices of properties in this community depend on the level of upgrades, number of bathrooms, amount of square footage, and location in the building (for instance, is it a corner unit?).

Get an instant property value quote on our website!

Horizon House condos - use our instant home valuation tool

Set up a Viewing for a Horizon House Condo!

Call me at 703-462-0700 or email me at DarrenRobertsonHomes@gmail.com to schedule a time to see one of the properties for sale in this community. It’s important to see a lot of places in person, as online pictures only tell so much of a property’s story.

Thinking of Selling Your Arlington Condo?

Have you given any thought to putting your property on the market in the next year or so? Contact me to request a free in-depth market evaluation, which will give you a good idea of the fair market value of your condo

Check out market reports on this condo community from the past couple years! This will give you a good idea of what’s been going on with property values.

June 2017 – Horizon House – Look at Recent Sales Activity  

Horizon House February 2017 Market Snapshot 

November 2016 – Horizon House – Market Update 

Dec. 16, 2017

Arlington Oaks Condos – Properties for Sale, Market Update #5

Looking for Arlington Oaks condos? This market update shows you what’s been happening with property sales in this condo community, and it also lets you search all current listings. You’ll get a synopsis of recent sales, and you can also search every pending and closed sale here from the past 6 months.

Search all Arlington Oaks Condos for Sale 

Market Analysis

All of the sales data in this market update comes directly from the MRIS, the multiple listing service in Northern Virginia that real estate agents use for their property research.

  • Sales of 1-bedroom condos in this community in the last 6 months ranged from $205,000 with a $3,500 subsidy to $222,000 with a $300 subsidy.  
  • In the last 6 months, 2-bedroom condo sales here ranged from $250,000 with a $4,000 seller subsidy to $259,900.
  • There is currently a 1-bedroom condo in this neighborhood under contract after being listed at $219,000.

View all sales of Arlington Oaks condos from the past 6 months!

How Much Should You Expect to Pay for a Unit in this Arlington Condo Community?

  • If you’re thinking of buying a 1-bedroom property, you should expect to pay somewhere around $200,000 to somewhere in the $220,000s or more, depending on how many upgrades the unit has.
  • For a 2-bedroom property, you’ll likely pay somewhere from the mid to high $200,000s.
  • There are also much larger properties in this community that resemble homes that are much more expensive. They are 2-bedroom properties with one or two bathrooms. For one of these properties, you’ll probably pay somewhere from the low to high $400,000s.

Schedule a Time to See an Arlington Oaks Condo!

Are you interested in this condo community, and perhaps you’d like to check out one of the units for sale? Call me at 703-462-0700 or email me at DarrenRobertsonHomes@gmail.com to schedule a time to see one of the properties that is currently on the market.

Thinking of Selling Your Arlington Condo?

Arlington Oaks condos - get an instant home value online

Have you thought about selling your property? It’s important to work with a Northern Virginia real estate agent who is very familiar with this community and has experience doing sales here. Contact me to chat about your goals and ask for a free in-depth market analysis, which will give you a good idea of how much you could expect to put in your pocket if you sold your property.

Check out Past Market Reports on Our Website!

Arlington Oaks Market Update – January 2017

Arlington Oaks Condo Market Snapshot – November 2016

Arlington Oaks Condos – Update on the Market – September 2016

State of the Market – Arlington Oaks Condos – March 2015

 

Dec. 10, 2017

Fairlington Villages - Properties for Sale and Market Update #7

Searching for Fairlington Villages condos? This market update gives you access to all of the current real estate listings in this community, as well as detailed listing information for all recent sales activity, including pending and closed transactions from the past 6 months.

Search Fairlington Villages Condos for Sale

Fairlington Villages is a quaint garden style condo community that straddles Arlington and Alexandria, close to Rt 7 and I-395. Its charming colonial architecture and variety of types of units available make it a very popular choice among condo buyers.

Market Analysis

All of the data in this analysis came directly from the MRIS, the local multiple listing services that Northern Virginia real estate agents use for their property research.

  • In the past 6 months, sales of 1 bedroom condos ranged from $256,000 with a $3,700 subsidy to $402,500.
  • 2 bedroom condos in the past 6 months sold in the range of $350,000 with a $4,500 subsidy to $510,000.

Check out all Fairlington Villages condo sales from the past 6 months!

  • In the past 6 months, there has been one sale of a 3-bedroom condo at $560,000 with a $5,000 subsidy.
  • There is currently a 2-bedroom condo under contract for $319,900.
  • A 3-bedroom condo is currently under contract for $439,000.

Get an instant property valuation for your Fairlington Villages condo!

How Much Will You Likely Pay for a Condo in this Community?

  • For a 1-bedroom unit, you’ll probably end up paying somewhere around the mid $200,000s to the low $400,000s, depending on how large the unit is and how many bathrooms it has.
  • For a 2-bedroom condo, you’ll likely pay somewhere from the mid $300,000s to the low $500,000s.
  • If you’re interested in 3-bedroom units here, you should expect to pay somewhere from the $400,000s to the $600,000s, depending on the size and style of the unit.
  • Generally speaking, your sales price will largely be determined by how many bedrooms, how many upgrades, whether or not the unit is a townhome-style property versus a one-level unit, and whether or not it is a corner unit.

Schedule a Viewing!

Thinking of buying a property in this community? Call me at 703-4620-0700 or email me at DarrenRobertsonHomes@gmail.com to schedule a time to see one of the units that is currently for sale in this community. There are so many types of units in this community that it makes it all the more important to check out properties here in person.

Thinking of Selling Your Condo?

Have you thought about selling your property sometime in the next 6 to 12 months? It’s important to start preparing well in advance. Contact me to request an in-depth market analysis, which will give you a good idea of how much equity you have in your property.

Check out past market reports for this community on our website! You’ll get a feel for what’s been happening with property values in recent years.

February 2014 Market Report

February 2015 Fairlington Villages Market Update

Fairlington Villages Update on Sales - August 2016

Fairlington Villages December 2016 Market Snapshot

March 2017 – Recent Sales  - Fairlington Villages

Fairlington Villages July 2017 Market Update Blog Post

Dec. 9, 2017

Hyde Park Condos – Properties for Sale and Market Update #4

Hyde Park condos are located in Arlington VA close to Ballston. This article gives you access to all of the properties for sale in this community, as well as an analysis of recent sales. You’ll get a feel for how the condo market is doing in this building.

Search all Hyde Park Condos for Sale

All of the information below about recent sales comes directly from the MRIS, the local multiple listing service that Northern Virginia real estate agents use.

Sales Analysis

  • Sales of studio condos in the last 12 months ranged from $214,900 with a $6,477 subsidy to $255,000 with a $5,000 subsidy.  
  • In the last 12 months, 1-bedroom condo sales ranged from $255,000 with a $5,000 seller subsidy to $337,800.
  • 2-bedroom condos in the last 12 months sold from $500,000 with a $500 seller subsidy to $535,000.

View all closed and pending sales in Hyde Park from the past 6 months!

What Should You Expect to Pay for a Condo in this Community?

  • For a studio unit, you should expect to pay somewhere from the low $200,000s to mid $200,000s.
  • You’ll likely pay around the mid $200,000s to the mid $300,000s for a 1-bedroom unit.
  • For a 2-bedroom, you’ll probably end up paying somewhere from the low to mid $500,000s.
  • Sales prices in this condominium usually depend on a number of factors, including how many upgrades the unit has, how large it is, and whether it’s a corner unit or interior unit.

Get an instant property valuation for Your Hyde Park Condo!

Hyde Park condos - Get an instant property valuation!

Schedule a Viewing!

Call me at 703-462-0700 or email me at DarrenRobertsonHomes@gmail.com to book at time to see one of the units in this Arlington VA condo community! It’s important to see as many properties as possible when you’re looking for the right condo.

Thinking of Selling Your Hyde Park Condo?

Contact me to request a complimentary market analysis, which will give you a good idea of what you could expect to sell your property for in the current Arlington real estate market. The market was hot in 2017, and there’s every reason to think that the spring of 2018 will be a great time for sellers!

Check out our past market updates for this condo community. This will give you insight into what’s been happening with values in the community over the past few years:

Hyde Park Condo Market Update - July 2017 

Hyde Park Condos – Market Snapshot - March 2015

December 2016 Hyde Park Condominium Market Report

Dec. 7, 2017

The Carlton Condominium – Properties for Sale and Market Update #5

The Carlton Condominium is located on Four Mile Run Dr. in the Shirlington area of Arlington VA. If you’re looking for units for sale here, this article gives you access to all of the current listings, as well as an analysis of recent sales.

Search all Properties Currently for Sale at the Carlton Condominium

This building is located directly across from the Brittany, and it shares a pool with that condo community. One of the main differences between the two communities is that the Brittany has in-unit washers and dryers, while the Carlton has laundry rooms on each floor.

Recent Sales – Analysis

All of the information in this analysis regarding sales data comes directly from the MRIS, the multiple listing service that Northern Virginia real estate agents use.

  • In the past 6 months, studio condo sales in this community ranged from $124,000 to $125,000
  • 1-bedroom condos in this building have sold for $164,900 to $172,000 in the past 6 months.
  • Sales of 2 bedroom condos in this Arlington condo community have ranged from $179,999 to $235,000 with a $5,000 subsidy in the past 6 months. 
  • There is currently a 1-bedroom condo here that is under contract for $174,900.

View all closed and pending sales of units at the Carlton Condominium from the past 6 months!

What Should You Expect to Pay for a Condo in this Community?

  • For a studio unit, you should expect to pay somewhere in the $120,000, or perhaps $130,000s if the unit is exceptionally upgraded.
  • For a 1-bedroom unity, you should expect to pay somewhere in the high $100,000s.
  • If you’re interested in buying a 2-bedroom unit, you should expect to pay somewhere from the high $100,000s to the mid $200,000s.

Get an instant property value estimate for your Arlington VA condo!

The Carlton Condominium - instant property value estimate

Thinking of Buying a Unit in this Community?

Call me at 703-462-0700 or email me at DarrenRobertsonHomes@gmail.com to schedule a time to see one of the units that is currently for sale here.

Have You Thought about Selling Your Condo?

Contact me to get a complimentary market analysis, which will give you a good idea of what your property is worth in the current market. Property inventory in Arlington is pretty low, which is great for sellers.

Check Out Past Market Reports for This Community

June 2017 – The Carlton Condos – Market Report 

The Carlton Condominium - December 2016 Market Snapshot

The Carlton March 2015 Market Report

The Carlton Condos April 2017 Sales Report

 

Dec. 5, 2017

The Brittany Condominium – Properties for Sale and Market Update #6

Interested in the Brittany condominium? Our site gives you access to all of the properties currently for sale in this Arlington VA condo community. You can also search all sales from the past 6 months.

Search all Condos Currently for Sale at the Brittany Condominium

This condo community is ideally located on Four Mile Run Dr. close to Shirlington. Residents love the spacious units and great amenities, such as a huge fitness center.

Analysis of Recent Sales

All of the data in this market analysis came directly from the MRIS, the local multiple listing service in Northern Virginia.

  • 1-bedroom condos at in this community in the last 6 months sold from $219,000 with a $7,000 seller subsidy to $250,000.
  • In the last 6 months, 2-bedroom unit sales here ranged from $310,000 with a $9,500 seller subsidy to $350,000.

View all sales of condos at the Brittany from the past 6 months!

  • There is a 1-bedroom condo in this community that is listed under contract for $195,000.  
  • There are currently two 2-bedroom condos under contract here that were listed for $310,000 and $317,995.

What Should You Expect to Pay for a Property in this Community?

  • For a 1-bedroom property, you should expect to pay somewhere in the low to mid $200,000s.
  • For a 2-bedroom property, you should expect to pay somewhere from the low to mid $300,000s.

Get an instant condo value!

The Brittany Condominium instant property valuation

Prices of properties in this Shirlington area condo community vary based on the number of upgrades, such as hardwood floors and updated kitchens and bathrooms, as well as the square footage. Some 2-bedroom units only have 1 bathroom, so those sell for less than the 2-bedroom/2-bath units.

Interested in Viewing a property at the Brittany condominium?

Call us at 703-462-0700 or email us at DarrenRobertsonHomes@gmail.com to schedule a time to see one of the properties that is currently for sale in this Arlington VA condo community!

Thinking of Selling Your Condo?

There’s a reason why our website is in the top Google results when you search online for properties for sale in this condo community. We pride ourselves in using our tech savvy and superior marketing skills to help our clients. We also place a heavy emphasis on stellar customer service. Contact us for a free in-depth property valuation. We have a strict no pressure policy, so there is absolutely zero obligation!

Check out our past market reports from this Arlington Condo Community! 

The Brittany Condominium - Sales Report - July 2017

March 2017 The Brittany Condos

The Brittany Condominium - Market Report December 2016

The Brittany Arlington VA - November 2016 Market Snapshot

The Brittany Condos – Market Glance - February 2014

Oct. 27, 2017

Don't Make These 10 First Time Home Buyer Mistakes!

If you’re a first time home buyer, it’s important to know all of the potential blind spots you can encounter in your home buying journey, from the beginning of your search to getting the keys to your new home. 

Here are 10 of the most common mistakes you can make as a home buyer, and tips on how to avoid them:

Don't make these 10 first time home buyer mistakes!

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BAD CREDIT

  • Credit score affects your ability to get a loan, and what the interest rate will be!

NOT ENOUGH CASH

  • Down payment
  • Earnest money deposit
  • Home inspection and appraisal
  • Closing costs (or get a seller subsidy to help!)
  • Cash reserves

BAD LEASE TIMING

  • Know your lease! Don’t buy a home in the middle of your lease unless you know you can get out of it, or help your landlord find a replacement.
  • Note: Buying a home takes about 30-60 days from contract to close

NO TIME

  • Don’t start looking right before you have to move! From looking to closing, finding the right home can often take 3 months. 

DREAM HOME OR BUST

  • Your first home might not be your dream home
  • Have realistic expectations for the type of home you can afford.
  • Know your must-haves vs.  what you can compromise on

WRONG AGENT

  • Pick an agent who makes you feel 100% comfortable, respects you, and never pressures you.
  • Pick someone who doesn't agree with you all of the time. Good advice can mean disagreeing.
  • Pick a hard worker - your agent should manage your entire sale and keep your lender and settlement company accountable.

WRONG LENDER

  • Not all lenders are created equal. Get rate quotes from mid-sized local lenders, not just big banks and online lenders. 
  • If your lender doesn’t meet your contractual deadlines, it could cost you your home. 

NO INSPECTION

  • It’s important to know if there are any deal breaker issues
  • You can negotiate repairs/cash credits with the seller

OVERPAYING

  • Pick your price limit and don’t go above it just because there’s a bidding war!
  • Don’t get overly emotional about any home. There will be others!
  • You should NEVER feel buyer’s remorse when you buy a home.

LOAN SABOTAGE

DON’T do these things prior to closing without consulting your lender:

  • make large purchases
  • change careers 
  • get a car loan 
  • open a lot of new credit cards 
Oct. 27, 2017

7823 Enola St #104 - McLean VA Condo for Sale

7823 Enola St. #104 for sale - McLean Hills near Tysons Corner!7823 Enola St #104 is now for sale in McLean Hills! Call us at 703-462-0700 or email us at DarrenRobertsonHomes@gmail.com to schedule at time to view this beautifully updated condo. WALK TO MULTIPLE METRO STATIONS AT TYSONS CORNER!

McLean VA Condo for Sale - 1-bedroom/1-bath updated unit offered at $195,000!

  • Gleaming wood laminate flooring throughout
  • Remodeled open kitchen with granite counter tops, stainless appliances and bright white cabinets!
  • Spacious open concept living & dining area opens onto private patio.
  • Large bedroom with walk in closet.
  • Tons of storage - multiple closets throughout, as well as extra storage unit.
  • Can't beat this great price and Tysons location next to I-495.
  • Community with pool, laundry, tot lot and much more!

McLean Hills is a charming garden style condo community located within walking distance of several Metro stations, and seconds from the entry ramp to I-495. The ideal combination of a low price and excellent location doesn't get any better than this!

Call us at 703-462-0700 to set up a showing!

Oct. 11, 2017

Best Value NoVa Neighborhoods

Hello readers! Today, we're featuring a guest post from Jennifer Riner, over at Trulia. This article talks about some great areas to keep in mind if you are thinking of buying a Northern Virginia home.

By Jennifer Riner, Trulia

Finding an affordable home under today’s tight market conditions is challenging. In most major metros, truncated starter home inventory breeds high competition within the first-time home buyer segment. Many entry-level house hunters feel they must compromise on must-haves like school ratings and local attractions to find a reasonable house. 

To help pinpoint communities where affordability and livability coexist, Trulia compiled a list of value neighborhoods near the nation’s 100 biggest metros using their housing data along with data provided by their partners Great Schools, Yelp, SpotCrime.com, and CrimeReports.com. The following NoVa communities are ranked by Trulia’s neighborhood value score, an aggregate based on median list price, entry-level affordability, school district information, crime statistics, commute times and nearby amenities. Keep in mind, these are not necessarily the cheapest neighborhoods in Northern Virginia, but rather areas where your dollar goes farthest.

Fairlington-Shirlington, Arlington

The median home value in Fairlington-Shirlington, a community within Arlington, is currently $408,376. Apart from being reasonably-priced, the joint neighborhoods score best for school districts (8 out of 10). The area also offers low crime rates and a somewhat leisurely commute. Although farther from the urban core, restaurants in Fairlington-Shirlington are considered a highpoint.

Fort Belvoir

Located just 12 miles southwest of Alexandria, Fort Belvoir is a small community named after its historical and distinguished military base. Fort Belvoir scores highest in low crime rates (10 out of 10), but also ranks well in terms of nearby schools. Fort Belvoir is also one of the most affordable communities in NoVa with a median home value of $403,821. One possible drawback to living here is the lack of local amenities – the community scores a mere 1 out of 10 for proximity to restaurants.

North Springfield

Thanks to low crime rates and strong schools, North Springfield is an appealing area for first-time home buyers in Northern Virginia. Plus, the median home value is $462,533, catering to the local entry-level market. North Springfield has opportunities for entry-level buyers without compromising other must-haves, including reasonable commute times. Like Fort Belvoir, neighborhood amenities like restaurants aren’t as frequent in North Springfield, which is something for buyers who dine out often to consider.

Groveton, Alexandria

If exceedingly low crime rates and top-rated schools are important to you, Groveton should be part of your Northern Virginia home search. The median home value is $443,506, bringing the neighborhood’s affordability score to an impressive 6 out of 10. Although prices are low, commutes are manageable and restaurant proximity is decent.

Pimmit Hills, Falls Church

Tying for the sixth-best value neighborhood in the D.C. metro alongside Groveton is Pimmit Hills, a large town-like neighborhood with a population of 6,094 residents. The median home value is higher at $523,434, but Pimmit Hills is far from unaffordable when compared to D.C. neighborhoods. For contrast, Hill East real estate offers a steep median home value at $830,000. Pimmit Hills stands out because of the area’s low crime rates (9 out of 10) and decent commute times (6 out of 10). Schools aren’t as enticing, but restaurant accessibility is superior compared to other budget-friendly NoVa neighborhoods.

Before you begin narrowing neighborhoods based on their value rankings, use Trulia’s home affordability calculator to outline a reasonable budget. Planning in advance keeps expectations practical and allows for a more efficient search experience. 

To learn more about buying your first home, reach out to North Virginia real estate agent Darren Robertson today.  

Disclaimer: The views and opinions expressed in this article are those of Trulia, based on their research and 3rd party data, and do not necessarily reflect the opinions or positions of Darren Robertson or the Northern Virginia Home Pro website.