$799,980 Find What You’re Looking For At Fairfax Station // 2,774 Sqft Of Living Area

houses at 11628 Havenner Rd, Fairfax Station 22039

You’ve finally found everything you’re looking for!-Stunning, light filled home w/ 2 level addition-LEVEL LOT-Hdwds in LR/DR-Gourmet kit w/ island/snack bar, 5 burner cooktop, corian-bkfst area w/ fp-FR w/ cathedral ceiling, wood stove, walls … [Read more]

5 beds, 3 full, 1 part baths

Home size: 2,774 sq.ft.

Lot Size: 31,339 sq.ft.

Added: 03/08/17, Last Updated: 03/08/2017

Property Type: Residential Detached for Sale

MLS Number: FX9881059

Subdivision: Fairfax Station

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Stately Home In 22307 Near GW Parkway and Mount Vernon Trail

detached
brick and siding home in New Alexandria

This home in 22307 is listed at $899,900.

5 beds, 4 full, 1 part baths

Home size: 3,322 sq.ft.

Lot Size: 8,250 sq.ft.

Added: 03/02/17, Last Updated: 03/04/2017

Property Type: Residential Detached for Sale

MLS Number: FX9875940

Subdivision: New Alexandria

houses at 6408 Boulevard Vw, Alexandria 22307
houses at New Alexandria is in Alexandria 22307

Stately home across from Mount Vernon Trail and Potomac River. Refinished HW floors, updated kitchen, formal LR and DR. Inviting den walks out to private deck. Added to the original house, expansive MBR suite boasts large closets, soaking tub, … [Read more]

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$434,900 :: 3223 Nottage Ln Falls Church Virginia 22042

 

houses at 3223 Nottage Ln, Falls Church 22042
house at Jacobs Park is in Falls Church 22042

EXPANDED & WELL MAINTAINED SUN FILLED RAMBLER CONVENIENT & CENTRALLY-LOCATED, INSIDE THE BELTWAY. FABULOUS ADDITION INCLUDES – MASTER BEDROOM SUITE WITH WALK IN CLOSET & FULL BATH AND COVERED DECK WITH DUAL ACCESS FROM KITCHEN & MASTER … [Read more]

3 beds, 3 full baths

Home size: 1,278 sq.ft.

Lot Size: 9,884 sq.ft.

Added: 03/02/17, Last Updated: 03/02/2017

Property Type: Residential Detached for Sale

MLS Number: FX9871950

Subdivision: Jacobs Park

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The Theory of Progression and Regression

Old growth neighborhood

The economic theory of “Progression and Regression” states that building a home that is valued substantially above other properties in the same neighborhood will most likely cause the newly built home to value downward toward the other properties.  This is sometimes called “overbuilding” because sometimes a homeowner will put additions or improvements on his home that are substantially better than his neighbors.

But the theory is called progression and regression because a home that is in a diminished condition in a better neighborhood will command a higher value.  Additionally it is possible for a neighborhood to reach a tipping point. In other words, if enough of your neighbors “overbuild” your house could increase in value due to the increase in value of the neighborhood.

In Northern Virginia, we see this in many neighborhoods in and close to Alexandria and Arlington.  For example,  in Del Ray, older working-class homes have been replaced by or improved to become pricier and much more luxurious. Lyon Park and the area surrounding Belle Haven is not the same neighborhood that I remember as a child.  Both of these areas have become much more exclusive.

Search for new construction and newly-built homesAre you looking for new construction in Northern VA?

New Construction

For more information or to set up an appointment call Nesbitt Realty at (703)765-0300.

What is a “Cape Cod”?

drawing of a Cape Cod style home

Some of the first houses built in the United States were Cape Cods. The original colonial Cape Cod homes were shingle-sided, one-story cottages with no dormers. During the mid-20th century, the small, uncomplicated Cape Cod shape became popular in suburban developments. A 20th-century Cape Cod is square or rectangular with one or one-and-a-half stories and steeply pitched, gabled roofs. It may have dormers and shutters. The siding is usually clapboard or brick.

Here’s a Cape Cod made of stone.

There are many neighborhoods filled with Cape Cods in Northern Virginia. Often these homes were built just after WW2 for soldiers returning from the war, but many were built as late as 1960 and some continue to be built today.  If you’d like to see a neighborhood of mature Cape Cods, many with additions, you might want to explore Bucknell Manor.

 

For more information or to set up an appointment call Nesbitt Realty at (703)765-0300.