Do you need to know what to do when you're preparing for townhouse hunting in the merciless Alexandria real estate market?
It's important to understand that in Alexandria there is no “right” time to buy.
If you find the perfect home today, don't take the chance of losing out because you believe you can predict where the interest rates are going in the City of Alexandria tomorrow. Factors like market price and interest rate rarely change enough to make a difference in an individual townhouse’s price. A much bigger factor is the home itself. That's because, every property is unique. So, an opportunity missed today could be gone forever.
Yours is the only opinion that matters.
Everyone likes a little reassurance from friends or relatives, however too many ideas can actually frustrate and confuse you rather than help. Give the most weight to your own needs and wants as well as the needs and wants of others who will be living in (or paying for) the home.
Accept that there are no perfect houses in Alexandria.
There are many examples of compromises that buyers have to make every day. Consider a few of these possibilities. The association provides all utilities but the association fee is high.The roof is great, but the windows need to be replaced. I'll help you to make a list of priorities, and focus on properties in 22301 that fit your specified criteria.
Don't expect someone to negotiate away their equity in the City of Alexandria.
Alexandria is filled with sellers who are well-educated, intelligent and they have access to loads of information.Negotiation is definitely a part of the real estate process, but trying to “win” by getting an extra-low price or refusing to budge may cost you the home you love.
When you're buying a townhouse, you're buying a neighborhood.
Don’t get completely enamored by the physical aspects of a home to the point that you forget about important issues such as:
- waterfront or waterview
- privacy
- resalability
Organize yourself now.
Before you shop there are some tasks to take care of. Don’t wait until you’ve found a home to:
- think about title companies
- figure your budget
- list your priorities
- learn more about home inspections
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 605 Nelson Ave E #101.
Elegant Del Ray Home offering high end finishes on 2 Lvls w/3BR/2.5BA, priv balcony and Garage. No detail was overlooked with more than $30,000 in upgrades including designer fixtures, plantation shutters, thoughtful custom closets, high 10′ … [Read more]
Price: $735,000 : 605 Nelson Ave E #101, Alexandria, VA
22301
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Beds: 3 ||
Baths: 2 ||
Half-Baths: 1 ||
Living Area: 1,692 ||
Days On Market: 6 ||
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Potomac Yard ||
Buyer’s Rebate From Nesbitt Realty: $4,418 || MLS: AX10100441
