Do you want to learn how to embark for house hunting in the competitive Northern Virginia real estate market?
Know that there’s no “right” time to buy a $718,000 high-rise condo in Arlington County.
If you find the right 2-bedroom high-rise condo now, you don't want to miss out because you’re trying to predict where the housing market in Arlington is headed. Factors like market price and interest rate usually don’t change fast enough to make a meaningful difference in an individual high-rise condo’s price in Arlington. A much bigger factor is the property itself! Every single property in Arlington County is unique. So, opportunities missed today could be gone forever.
The most important opinion is your opinion.
A bit of encouragement is helpful, but too many ideas from too many people can lead to analysis paralysis. Concentrate on your needs and wants, and not the needs and wants of people who won't be living in the home.
Start with the assumption that no real estate is ever perfect.
There are many examples of compromises that buyers have to make every day. Consider a few of these possibilities. You were searching for brick Contemporary homes and the price is less than $682,100 but you don't want 22203.If it’s in the right location, the yard may be a bit smaller than you had hoped. I'll help you to make a list of priorities, and then fix our attention on those properties in Arlington that fit your specified criteria.
Be prepared to haggle, but don't expect someone to give away real estate in Arlington County.
We have a very efficient real estate market in Arlington County and most homes will trade for about what they are worth. There are very few properties that sell for more or less than the appraised value.There are other buyers in Arlington and they are looking at the same data. If a home is under-priced, expect it to get bid up.
When you're buying a high-rise condo like 3800 Fairfax Dr #1613 in Arlington, you're also buying a neighborhood like Tower Villas.
Don’t get completely enamored by the physical aspects of a home to the point that you forget about important issues such as:
- schools
- waterfront or waterview
- proximity to shopping
Organize yourself now.
Don’t wait until you’ve found a home to:
- to get approved for a mortgage
- investigate insurance
- consider a moving schedule
- figure your budget
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 3800 Fairfax Dr #1613.
TOTAL CUSTOM REMODEL & looks like a million! 1500 Sq ft 2br 2ba unit just add furniture & enjoy a 2 block walk to Va. Sq metro~ALL untilities included in condo fee (cable TV TOO) Samsung SS Frig~Micro~Stove~Bosch DW~wine captain~subway tile … [Read more]
Price: $718,000 : 3800 Fairfax Dr #1613, Arlington, VA
22203
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Beds: 2 ||
Baths: 2 ||
Half-Baths: 0 ||
Living Area: 1,500 ||
Days On Market: 62 ||
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Tower Villas ||
Buyer’s Rebate From Nesbitt Realty: $4,283 || MLS: AR10091951
