Determining the Property Value when Deciding where to Live

Determining the value of a property when deciding where to live can be accomplished with the expertise of licensed real estate agents.

Stuart Nesbitt is a Realtor licensed in the Commonwealth of Virginia

There are 3 factors that dictate the price of a property:

  • Location
  • Uniqueness and architectural design
  • Improvement values

A competitive market analysis can be provided are based on:

  • Properties that is comparable within the area
  • Adjustments with property size and conditions differences
  • Location and the sale or rental date of the property differences

Real estate costs are certainly open to negotiations but there are factors that affect the market including localized areas. These factors include:

  • Changes in zoning
  • New construction
  • Properties that are condemned
  • Changes in patterns of traffic

Properties in Alexandria

Why do residents love the Grove at Arlington Ridge?

Nesbitt Realty can help you buy and sell real estate in 22206.
The Grove at Arlington Ridge is a condo community located just of I-395 well inside the Capital Beltway. The location provides residents easy access to Pentagon City, Shirlington Village and downtown DC. This community has 1 Bedroom, 2 Bedroom and 3 Bedroom condos that feature:

  • Hardwood floors in living and dining rooms
  • Deluxe kitchens with stainless steel appliances, granite countertops, maple cabinetry and stainless steel undermount sinks with designer faucets
  • Ceramic tile in kitchens and baths
  • Maple vanities
  • In-unit washers/dryers
  • Designer lighting
  • Private balconies
  • Nine-foot ceilings
  • Plush carpeting in bedrooms
  • Crown molding in living rooms

Many condominums at the Grove have fireplaces. The Grove offers a full bank of amenities:

  • Internet café
  • Resort-style swimming pool
  • Expansive sundeck
  • Fully-equipped business center
  • State-of-the-art fitness center
  • Giant screen media room with surround sound
  • Direct access garage and controlled access entries
  • Clubhouse with billiards room
  • Storage available
  • Courtyard patio garden area with barbeque grills
  • Wellness Center with personal training, yoga, Pilates, massage therapy, Swedish massage and Thai massage

No properties found.

Nesbitt Realty can help you buy and sell real estate in Arlington.


5 Indicators You Might Have Found Your New Home

The best deals on homes these days are often on properties that aren’t perfect. But that doesn’t mean that home shoppers looking for a great deal can’t find a place with potential.

  1. Location, location, location. You can always fix a property, but you can’t always fix the neighborhood. In the long run, home buyers often get a better deal with the worst house in a great neighborhood than with a fancy house in a not-so terrific neighborhood.
  2. Less than 50 years old. Properties older than a half decade are likely to have more fundamental problems — like aging wiring, inadequate plumbing and sagging foundations. In and around Old Town and historic areas, that’s not always possible, so shoppers also look for homes that have been completely renovated as opposed to homes with a facelift and fresh coat of paint.
  3. Livable floor plan. It’s a good idea to buy a home with a basic design that makes you happy from the start. This is because moving walls can cost a lot of money.
  4. Light. Houses with the most potential have plenty of natural light. Southern facing homes often have the best light.
  5. Good storage. Adding storage isn’t cheap, so it’s smart to choose a property that already has it.

Guide to Northern Virginia Real Estate

Northern Virginia is a part of the National Capital Region it is home to some of the most educated, affluent and particular buyers in the nation. Everyday we help people relocate in and out of Northern Virginia as well as help locals advance their real estate goals. If you’re shopping for a home in Northern Virginia, you will find our Buyer’s Guide to Northern Virginia Real Estate is a great resource for understanding the area and for seeking out the perfect real estate match for your tastes and budget.

If you need any help with a specific search please don’t hesitate to call us at (703)765-0300.

[Learn more about how we help buyers in Northern VA]

Properties in Fairfax County

Think of Nesbitt Realty if you need to buy or sell real estate in Fairfax County

Essential Negotiating Skills

1. Be prepared. This works for negotiators just as it does for Boy Scouts. Be sure all facts are available and verified before you begin. Postponements for fact-finding can bog down the negotiation.

2. Present a united front. You might not agree with your clients’ position but don’t share that with the other side during the negotiation. Privately, you can try to get your clients to change their mind.

3. Leave your attitude at the door. Don’t let your personal opinions of the parties or the situation cloud your judgment; that could endanger the transaction. Treat everybody with respect; if you disagree, disagree with an idea, not with the person.

4. Hold something back. Plan beforehand what concessions your clients are willing to make and then use them when the bargaining gets under way.

5. Don’t sweat the small stuff. Never let a negotiation bog down over a minor point. If you can’t agree, put the point aside and come back to it later. Concentrate on getting agreement on major points like price and terms.

6. Get all the decision makers together. Nothing is more frustrating than to think you have an agreement, only to find that somebody else must sign off on it.

7. Avoid distractions. Choose a location that’s pleasant. Ask everybody to turn off phones and pagers, and don’t accept calls until the negotiation is complete.

8. Don’t share information unnecessarily. Knowledge is power in a negotiation, so giving the other side extra information may weaken your position. Conversely, learn as much about the other parties as you can.

9. Just keep quiet. Greeting an offer or concession with silence undermines the other side’s power and often prompts an immediate reaction.

10. Leave something on the table. Remember that a successful negotiation is not the same as grinding the opponent into the ground. No one should leave a negotiation angry; you never know when you might have to negotiate with the same people again.

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

Northern Virginia = Great Healthcare

When it comes to selecting a home, there are a number of things that families and individuals consider.  Most will say that location, good schools, shopping centers, parks, and safety are all important factors when buying a home.  Subsequently, many people also consider access to good healthcare.  The Northern Virginia area is a great place that encompasses all of these options.

Fairfax County is home to one of the best school systems in the country.  There is plenty of access to great shopping and it is in a great location with Washington D.C. being less than thirty minutes away, minus the traffic of course.  Another bonus is that it houses some of the best medical care available.  Inova Fairfax Hospital is ranked among the best hospitals in the country and is a default trauma center for most surrounding medical centers.  They have the ability to handle the most complicated cases and have the updated facilities to treat their patients with cutting edge technology and the best medical treatment.

After experiencing my own personal crisis and being hospitalized for over a month, I was transported by ambulance to Fairfax.  Although I not previously considered this fact when moving to the area, I was most certainly thankful that I had the option of receiving the caliber of treatment I received during my stay.  Great Healthcare most certainly would be at the top of my list if I ever planned on moving to another area, but I don’t.

From Location to Commute, Will This Affect Real Estate?

For those searching for homes in Northern Virginia, the location is always the main and important factor. However, there are a lot of specifications that would decide on a location. Those would be the exact neighborhoods, views, noise, schools, accessibility to shopping centers/ entertainment/ convenient stores/ healthcare and more. But there is one factor that will remain to be the most important specification and that would be Commute.

Washington DC does have the most gridlock highways in the country and as regional planners suggest improvements to handle the current situation, people and employment still rains hard. Although from the perspective of Real Estate it is a blessing but in terms of commute it is already a complicated and challenging situation that would grow into a more challenging one.

According to local news radio WTOP, the Washington DC region is primed to grow by more than 2 million people over the next 25 years, however the same report did highlight that the region needs to build more accessible roads to handle the influx. While as observed by the Northern Virginia Transportation Alliance, once we get beyond our current major roads projects to deal with the current concerns, there are “no improvements in the pipeline after this”.

Based on the current situation we have, the concern of location in Real Estate may as well be commute. A worker’s commute being frustrating and lengthy can and will have a large impact on his or her lifestyle and even personality. Bearing this in mind, the consideration to trade other location features to commute features will definitely arise.

Such commuting features may be:

  • Accessibility to current or possible job centers that may include military bases.
  • Convenient highway access
  • Accessibility to mass transportation like Metrorail
  • Proximity to airports – Dulles or Reagan National in Northern Virginia or BWI
  • Consideration of toll vs. non-toll highways
  • Carpool hours on certain highways that can affect commute
  • Accessibility to secondary roads and upcoming road improvements
  • Awareness of where “ bottlenecks” can be found

Would such considerations make a large change of location specifications to commute specifications in terms of Real Estate?