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Canadian Home Buyers Investing in U.S. Real Estate in Alexandria

According to a recent report from the National Association of REALTORS®, a considerable rise in sales dollar volume from Canadian home buyers caused foreign investment in U.S. real estate to increase in 2016. Even though China was in the top spot for sales volumes for the fourth year in a row, Canada saw the largest increase from $11.2 billion in 2015 to $19 billion in 2016 – an all-time high for the country. This rise is attributed to U.S. property prices; while still expensive, it is more affordable than Canadian real estate. Continue reading

Selling a Home in Alexandria? Consider Staging!

Most home sellers know the importance of keeping their house clean and clutter free while it is on the market, but sometimes, taking a few extra steps can make all the difference. That is where staging comes in. According to a report from the National Association of REALTORS®, 62 percent of seller’s agents say that staging a home will decrease the amount of time it spends on the market. Buyers also need to be able to picture themselves living in a house, and 77 percent of buyer’s agents say that staging makes it easier for buyers to visualize a house as their future home. Continue reading

Making the Most of a Small Home’s Storage in Alexandria

When it comes to small houses in Alexandria, every square inch of space is valuable and there are plenty of underused nooks and crannies that, with a little creativity, can be transformed into useful storage spaces. For example, installing pullout drawers under stairs can add about two square feet of storage per drawer and is the perfect way to store towels, linens and seasonal items. Utilizing ceiling space in closets can also add up to 12 square feet of extra storage: suspend two pieces of wire across a closet ceiling and use it to cradle wrapping paper, which will be out of sight but easy to reach. Continue reading

Featured In McLean

Mclean
Mclean
Check out this house in McLean Virginia. We regularly call out a listing that find either very typical or entirely unusual of 22101 to stay aware of real estate market developments and trends in McLean, VA. We like this home because the neighborhood backs up against Kent Gardens Park just off Old Chesterbrook.  The home offers unbeatable convenience with plenty of value for the price of $1,675,000. I think this neighborhood compares nicely to Beverly Manor. Continue reading

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brick-styled condo
Abingdon Row Condominium is in Alexandria

What is a Listing Agent?

When homeowners are preparing to sell their property in {Location_Name}, they turn to a listing agent. As the title suggests, the listing agent will list the home for sale in the MLS, or multiple listing service. They are a licensed real estate professional who represents the homeowners throughout the process of selling a home. In addition, all Nesbitt Realty agents are also Realtors. (What's the difference between a Realtor and a real estate agent?) It’s important for homeowners in {Location_Name} to choose an agent who they feel confident in. Nesbitt Realty is a family-run business that appreciates the opportunity to compete for your business. Our listing agent will go through the home, look at comparable listings and recent sales in the area, and determine the highest list price for the property. [Learn more about selling] Featured Condos in Northern VA
1805 Crystal Dr #213s

Crystal Park Condominiums offer a prime location in the heart of Crystal City, making it an ideal residence for those seeking proximity to Amazon's new Headquarters and the vibrant energy of the area. This spacious two-bedroom unit, originally a 3-bedroom, boasts 1523 sq. ft. of living space, with a thoughtfully designed layout that caters to both formal and informal lifestyles. The main living area is expansive, featuring a wall of custom-built ins that provide ample storage and add to the aesthetic appeal of the space. With east-facing windows, residents can enjoy perfect daybreak and morning sunshine, creating a bright and inviting atmosphere throughout the day. Additionally, an oversized balcony off the main living area offers a perfect spot for outdoor entertainment or relaxation. The eat-in kitchen is spacious and well-equipped, with plenty of room for a café or banquet-style table. Ample counter space allows for easy meal preparation, making it ideal for both casual dining and entertaining guests. The formal dining room seamlessly connects the main living space and kitchen, offering seating for 8+ guests and featuring custom built-in cabinetry for dishware and serving essentials. Both bedrooms are generously sized, with one boasting extensive built-in bookcases and the other serving as a primary en-suite with walk-in closets. Two underground parking spaces and an additional storage unit add to the convenience of living in this condominium. Residents can take advantage of the building's amenities, which include a fantastic pool, library, party room, recreation area, fully equipped gym, and designated outdoor grills. Additionally, the Capital Bike-share Station at the front of the building provides easy access to bike rentals for exploring the surrounding area. The location offers unparalleled convenience, with the Crystal City Metro just five minutes away, the Mount Vernon Trail three minutes away, and Long Bridge Park and Recreation Center nearby. Pentagon City Mall, Whole Foods, Costco, restaurant row along 23rd Street, Arlington County Library, and Reagan National Airport are all easily accessible, ensuring residents have everything they need right at their fingertips. [Crystal Park - $739,000]

2030 N Adams St #904

OPEN HOUSE SATURDAY 4/27 AND SUNDAY 4/28 FROM 2-4PM. LOCATION, LOCATION, LOCATION. Fabulous value for Arlington and walking distance to the Courthouse Metro (Orange and Silver Lines). Perfect for as a home, second home or investment property. Beautifully updated and spacious one bedroom with a balcony and a garage parking spot (#70 on the 4th floor). New cabinets (2024), new kitchen floor (2024), new kitchen counter (2024), new light fixtures (2024), updated electrical (2024), fresh paint (2024), dishwasher (2021), heating unit (2018), refrigerator (2013), and gas stove (2013). ALL UTILITIES INCLUDED IN THE CONDO FEE (except phone and internet). The building is adjacent to the Custis bike/walking/jogging trail - easy to commute by bike to DC. On-site manager and laundry, rooftop deck with views of DC, community pool, gated guest parking, party room and lovely grounds with picnic and BBQ area. Storage units can be rented from the building. Guest parking available by tokens at a cost of $4 for 24 hours. Walk to restaurants, movie theaters, and shops along the Orange Line. Convenient to Route 66, DC, Amazon HQ2, National Airport, Tyson's Corner and the Pentagon. Stroll to the Italian Store, Mom's Organic Market, Whole Foods, and Trader Joe's. Come live an easy lifestyle within walking distance to everything! [Circle Condominiums - $259,900]

737 Swann Ave #401

Luxury Living in Potomac Yard! Newly constructed in 2023 and never before lived in! Step inside to discover a thoughtfully designed space featuring 2 large bedrooms and 2.5 bathrooms adorned with high-end designer finishes reminiscent of a model home. The gourmet kitchen is a culinary haven, boasting beautiful cabinets and modern appliances. Both bedrooms offer luxury walk-in closets and individual in-suite full bathrooms. Enjoy the Primary suite w/ bathroom with dual vanity & stand-up glass shower. Guest bedroom with full shower with tub, ensuring comfort and privacy for all occupants. Entertain friends in a gourmet kitchen featuring a beautiful quartz waterfall island. Kitchen comes with new stainless steel energy efficient appliances. Den facing kitchen can be used as a office or multipurpose area, the options are endless. Rooftop terrace w/grill available for residents. Gym and front desk concierge. This sunlit, upscale condo offers an unparalleled living experience. Next to National Landing and home Amazon HQ, this condo is nestled amidst the greenery, it boasts a prime location facing a sprawling 24-acre park, inviting the outdoors in. Convenience is key, with a short stroll to the metro or mere blocks away from the rapid transit bus, connecting effortlessly to the Metro Station Connector. Strategic proximity places you just 2 miles from Reagan National Airport, Pentagon, and Crystal City, while Washington, DC is a mere 3 miles away. Enjoy the perks of energy-efficient living with Energy Star Certified appliances, ensuring low utility bills without compromising on comfort. Stay connected with prewired high-speed internet and Cable TV, seamlessly integrated into the home. Explore the vibrant surroundings with new shopping destinations, and the charm of Del Ray and Old Town Alexandria just moments away. Parking is a breeze with a 2 assigned parking spaces in covered Parking Garage. In-unit stackable full-size washer and dryer add to the convenience of everyday living. Perched on the 4th floor, this condo offers beautiful views from the balcony, providing a serene retreat amidst the bustling cityscape. Don't miss out on this incredible opportunity to enjoy luxury living at its finest, offering great value compared to area apartment rentals. [Potomac Yard - $1,225,000]

3409 Wilson Blvd #808

Embrace modern luxury in this exquisite two-bedroom, two-bathroom condominium at ARC 3409, ideally situated in the heart of Arlington. This pet-friendly condo is located on the top floor, providing breathtaking views of the city skyline through floor-to-ceiling windows. Boasting 9'+ ceilings, hardwood floors, quartz countertops, and stainless steel appliances, and an underground garage parking spot, this residence offers luxury and sophistication, steps away from the Virginia Square Metro, new FUSE building at George Mason Law School, and FDIC campus. Enjoy access to premier amenities including a front desk, fitness center, and a rooftop deck with views of the National Monument and firework displays. With its prime location near vibrant dining and entertainment options, ARC 3409 presents an unparalleled opportunity for upscale urban living. [Arc 3409 - $710,000]

229 Locust St SE #3

Open House 4/28 2-4pm* Locust Street Condos is a unique Vienna offering of 5 condominiums built in 2008 by then Ayr Hill Homes (one partner was popular local builder Steve Bukont). The units share a long and wide driveway with 3 guest spaces in addition to all of the nearby street parking for guests. Prime downtown location  just 1 block from the Community Center, Whole Foods, W&OD trail, Giant Shopping center, and 2 blocks to historic Church Street. Enjoy Saturday Farmers Markets at the Community Center, ViVa Vienna, Oktoberfest, Taste of Vienna, Church Street Stroll, and so many other great Town of Vienna events! Unit 3 features a2 car garage, elevator access to every floor and nearly 3000 sq ft. The garage opens into a tile rec room with 9 ft ceilings, a full bath, and french doors to the fenced bricked patio with a Cherry Blossom Tree. There's a large coat closet, and two mechanical closets.  On the 2nd level you'll find a chef's kitchen featuring granite counters, 9 ft ceilings, a 4 burner + griddle Wolf Gas Range, Sub Zero panel ready fridge, Asko dishwasher and GE microwave with a large island, pantry, eat-in breakfast area, plus a sitting area with recessed lighting and a gas fireplace. The kitchen has a small deck as well. The other side of the main level is set up for a formal dining room and living room, coat closet, and powder room with wainscotting and coffered ceiling along with recessed lights. The front door of the home can be found at this entry.  The third level features two bedrooms each with a large walk-in closet, and en-suite bathroom. The larger bedroom has a vanity and walk in shower. The other bedroom has custom built-ins and a large bathroom with a jetted tub, dual vanities, and walk-in shower. The top level features the largest den of all 5 homes with custom built-in shelves. The primary suite also has built-ins, a walk in closet, en-suite bath and access to another deck. This bathroom also has a jetted tub, dual vanities and walk-in shower. There's also a large laundry room with side by side washer/dryer, storage closet, and elevator equipment access.  The home has hardwood floors throughout the top 3 levels along with plantation shutters on every window throughout the home. The condo fee is $403.82 per month, which includes trash, exterior building maintenance, lawn care, management, and snow removal.  Water Heater 2022. [Vienna - $1,175,000]

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Renting Unsold Property May Be a Good Move

Home owners who can’t or don’t want to sell their homes in today’s market but must move should consider renting out the property. Nesbitt Realty is trusted by local homeowners as well as overseas and out-of-state homeowners alike. We work for real estate investors and trusts, but most of our clients are just everyday people who need us to help them manage their property. Although some of our clients are genuinely wealthy and have us manage multiple properties that have no mortgages, the majority our clients are "mortgage landlords". A mortgage landlord needs the rental income to pay the mortgage for the property. For many of these homeowners the property that we manage may be the single largest investment interest in their life. Learn more about us now! Our real estate agents care about our clients and love to help you achieve your real estate goals. Obtaining a professional property manager is a good first step. Professional property managers charge 7 percent to 10 percent of the monthly rent in many areas. Nesbitt Realty is often cheaper than our competitors. Current rents may not be high enough to cover carrying charges, including mortgage, taxes, and insurance. Nevertheless, renting out the property may still make sense if property values rise in the next few years. Offering a 12-month lease that converts to month-to-month is a good idea, if the owners are considering selling eventually. Include language in the lease that allows a real estate professional to show the home to potential buyers with 24 hours’ notice to tenants. For more information or to set up an appointment call Julie at (703)765-0300.