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Ballston is a community located along what is known as the Rosslyn-Ballston corridor in Arlington, Virginia. It sits conveniently along the Metro’s Orange line, several stops outside of Washington, D.C. The Ballston real estate market is one of Arlington’s most popular communities, drawing a huge number of young professionals and D.C. commuters who want a blend of big-city living combined with suburbia.
Ballston exemplifies the national trend of “smart growth”: economic and residential growth coinciding in a way that combines a diverse array of transportation options with a variety of land uses. The community’s economy boomed after construction of the Metro, and Ballston real estate values increased significantly. It is common to see shops or residential buildings next to large office buildings within the Ballston real estate market.
Whether you’re looking for a luxury condo or townhouse or a single-family detached home within walking distance from the Metro and other city amenities, those looking to purchase a home in the Ballston real estate market have many options to choose from. However, because of the high demand, the inventory in the Ballston real estate market is usually very low, so you need to be ready to pounce when properties go on the market. Above, you'll find the latest Ballston single-family homes currently for sale.
The main benefits of choosing to buy a single-family home in the Ballston real estate market are the privacy and space. Your space is your own to renovate, revamp and get it looking the way you want. Your home is not attached to any others; therefore, no noise from neighbors comes through the walls and you have more privacy.
Another benefit is that single-family homes tend to have more appreciation in value, making them more resistant to the ups and downs of the Ballston real estate market, making it a sturdy investment. You very rarely have to pay maintenance fees to an association either.
However, you won’t get the amenities you might get in a condominium community, such as a swimming pool or fitness area. Homes also tend to be a bit further from the city of Ballston, which may be inconvenient for some, especially if you work in the city and have to commute on a daily basis. The cost of buying a single-family home can be higher as well, but the long-term investment is worth it.
Many new homes are being built in Arlington County, and there are also existing homes that range from one bedroom and up, all located in lovely areas. New homes being added to the Ballston real estate market include four that have been built along Vermont Street. These 6-bedroom, 5-bathroom homes have four floors and are at the top end of pricing but are brand new and offer a lot of space. There are also single-family homes in the Ballston real estate market that are not as expensive. Whatever your budget is, a home can be found in the Ballston real estate market that suits your needs.
Although there are townhouse-style condo units, an actual townhouse is different from a condo in that you own the bit of land around it. The advantage to this is that you have a bit of yard space that isn't large enough to be a hassle to maintain.
The townhome option offers a good balance of affordability and privacy within the Ballston real estate market, while letting you live a bit closer to the city. In a townhome, you share at least one wall with a neighboring unit.
A townhome is a common interest development, which means there is usually a standard set of rules. You have less control over changes you may want to make, but for some this isn't an issue. Many of the townhomes in the Ballston real estate market are attractive and well-kept anyway. Most of the exterior maintenance is taken care of by a homeowners' association, for which you pay a fee.
Condominiums can be situated right within the city or just on the outskirts of Ballston, bringing the convenience of being able to walk to many shops and city amenities, with public transportation being very close. There are a range of condo styles in the Ballston real estate market from economical to luxury depending on what kind of amenities you seek.
Luxury condominiums tend to offer fitness centers, swimming pools, a 24-hour concierge, security, exterior maintenance, and many other features. One main thing people look for is security, and living in a condo can give you that. Many offer locked or gated entrances or on-site security. This is a great perk if you live on your own or if security is a top concern. Condo residents also live within close proximity to others in a small community, which adds a bit of extra security in case of an emergency. If extra privacy is an issue for you, however, this may not be the right option.
Many condo dwellers also like the sense of community and amenities that bring the residents together, such as a common clubhouse or grill and picnic areas. You also don't have to deal with maintenance issues such as repairing a roof or your furnace, as these are addressed by the condo association. However, you do pay a monthly fee for this service.
One example of a luxury condominium community within the Ballston real estate market is the WestView at Ballston Metro, which is only a couple of blocks from the main Metro station and offers many extras to its residents. Amenities in this condo include underground parking, storage for bicycles, on-site management, security, a concierge desk, a state-of-the-art fitness center, a deck with an outdoor grilling section, a rooftop pool, a luxurious common lounge and party room, and a high-tech business center.
These are just a small portion of what the Ballston real estate market has to offer in single-family homes, townhomes and condominium communities. New homes come onto the market each week, giving you more to choose from. The first step is deciding what type of home would be best for you, what you want out of the location, and what your budget is; then we can explore all the Ballston real estate options that fit your needs. Whether you are buying your first home or your fifth, it’s important to know what your needs, styles and desires are for a home, and we can help you with this decision when shopping for real estate in Ballston, Virginia.
If you’re interested in learning more about the Ballston real estate market, call me on my cell phone at 703-462-0700 so I can go to work for you. I grew up in neighboring Falls Church City and have in-depth knowledge about the Arlington real estate market.
If you own a Ballston home and are curious about how much it is worth in the current Ballston real estate market, call me and ask for a free home value estimate.