Do you need to know more about how to prepare for high-rise condo hunting in the merciless Alexandria real estate market?
Know that there’s no “right” time to purchase.
If you find the perfect 2-bedroom high-rise condo now, you don't want to risk losing it because you believe you can predict where the interest rates are going in Alexandria tomorrow. Factors like market price and interest rate rarely fluctuate enough to make a difference in an individual high-rise condo’s price. Much more important than macro-economic factors, is the actual high-rise condos you're looking at. Every single property in Alexandria is unique. So, a home for sale today, might not be available when the market changes.
The important opinion is your opinion.
It’s natural to want reassurance for such a big decision, but divergent ideas might not be compatible in an actual home purchase. Concentrate on your own desires, and not the needs and wants of people who won't be living in the home.
Accept that no house is ever perfect.
There are many examples of compromises that buyers have to make every day. Consider a few of these possibilities. If it’s in the right location, the yard may be a bit smaller than you had hoped. Maybe the home has 2 bedrooms but no garage parking. I'll help you separate what you want from what you need, and start with homes that meet your basic requirements.
Real estate in Alexandria is a commodity.
Your home is more than a simple investment. It's your home. It's more important to get the right home than the right price. Just because a home has been sitting for a long time, doesn't mean that the seller is willing to negotiate. Sometimes it means just the opposite.
Remember 6301 Stevenson Ave #505 doesn’t exist in a vacuum.
Don’t get completely enamored by the physical aspects of a home to the point that you forget about important issues such as:
- community activities
- access to public transportation
- noise level
Formulate your plan.
Don’t wait until you’ve found a home to:
- figure your budget
- learn more about home inspections
- think about title companies
- consider a moving schedule
I can help with the purchase process. Even if you just need to talk to learn more about how to go forward, please don’t hesitate to call. Contact me if you’d like to learn more about 6301 Stevenson Ave #505.
Spacious 1100 square feet 2 bedroom 2 bathroom condo at The Olympus. ALL utilities, deeded garage parking space for one car & storage unit INCLUDED in monthly condo fee. Laundry in unit. Additional surface parking. Newly redone huge balcony, 24 … [Read more]
Price: $179,900 : 6301 Stevenson Ave #505, Alexandria, VA
22304
||
Beds: 2 ||
Baths: 2 ||
Half-Baths: 0 ||
Living Area: 1,090 ||
Days On Market: 0 ||
||
Olympus Incl ||
Buyer’s Rebate From Nesbitt Realty: $0 || MLS: AX10103561
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