Tax Benefits

The U.S. Tax Code lets you deduct the interest you pay on your mortgage, your property taxes, and some of the costs involved in buying a home in Fairfax County.

Appreciation 

Historically, real estate has had a long-term, stable growth in value. In fact, median single-family existing-home sale prices have increased on average 5.2 percent each year from 1972 through 2014, according to the National Association of REALTORS®. The recent housing crisis has caused some to question the long-term value of real estate, but even in the most recent 10 years, which included quite a few very bad years for housing, values are still up 7.0 percent on a cumulative basis. In addition, the number of U.S. households is expected to rise 10 to15 percent over the next decade, creating continued high demand for housing in Fairfax County.

Equity

Money paid for rent is money that you’ll never see again, but mortgage payments let you build equity ownership interest in your home in Fairfax County.

Savings

Building equity in your home in Fairfax County is a ready-made savings plan. And when you sell, you can generally take up to $250,000 ($500,000 for a married couple) as gain without owing any federal income tax.

Predictability

Unlike rent, your fixed-rate mortgage payments don’t rise over the years. So, your housing costs may actually decline as you own the home longer in Fairfax County. However, keep in mind that property taxes and insurance costs will likely increase.

Freedom

If you buy a home in Fairfax County, the home is totally yours. You can decorate any way you want and choose the types of upgrades and new amenities that appeal to your lifestyle.

Stability

Remaining in a neighborhood like Fairfax County for several years allows you and your family time to build long-lasting relationships within the community. It also offers children the benefit of educational and social continuity.

Properties in Fairfax County

2900 E Side Dr

SHORT SALE! [Beverly Plaza - $285,000]

12208 Wye Oak Commons Cir #48

Amazing opportunity for garage townhouse with 3 bedrooms! New carpet and paint throughout. Hardwood on the main floor. [Walden At Burke Centre - $417,000]

2631 Bowdoin Cir

Beautifully renovated single family colonial on cul-de-sac with updated kitchen and 3.5 fully remodeled bathrooms. Granite counters, Maple cabinets and SS Appliances in the tiled Kitchen which includes a sunny and bright breakfast room addition. Newly Refinished oak hardwood floors on the main and upper levels. Newly finished basement with large rec room, full bathroom, sump pump and storage. Laundry room addition on main level with New Washer/Dryer. Central AC and Heat. New roof in 2014. New Electric Panel, Outlets & Switches. New Interior Doors, Recessed lighting and Fresh Paint provide fresh updated look. Just 1 mile to Dunn Loring Metro and 1.5 miles to the Mosaic District. Adjacent to new restaurants and shops! Highly rated school district and short walk to Stenwood Elementary. Don't miss this beauty! *Broker/Owner [Dunn Loring Woods - $715,000]

13103 Frog Hollow Ct

Beautiful and spacious colonial home in sought after Bradley Acres neighborhood. This 4 BR, 3.5 Bath home boasts too many upgrades . Gleaming hardwood floors throughout the main level . Renovated gourmet kitchen with new custom cabinets, granite counter tops, black stainless steel appliances and recessed lighting. Adjacent to the Kitchen is the open and wonderfully sized Family Room with vaulted ceiling,sky lights and wood fireplace. Huge master suite with sitting area and walk-in closets. Beautifully renovated master bathroom has new tile floor, freestanding soaking bathtub and separate shower. Other bedrooms are amply sized with large closet space. Finished basement shows modern fixtures and roomy entertainment space for family and friends. Full deck overlooking a spacious backyard. Conveniently close to Dulles toll road, Dulles Airport, Fairfax county parkway, future Silver Line metro. Must see! [Bradley Acres - $699,000]

200 Locust St SE #307

STYLISHING RENOVATED 2019 * IN TOWN LOCATION WALKABLE TO VIENNA SHOPS, BISTROS, GROCERIES, LIBRARY, COMMUNITY CENTER, W &OD BIKE TRAIL. MINS TO VIENNA METRO + 3 OTHER STATIONS. ALL NEW KIT- OVERSIZED SINK, CABS, QUARTZ, APPLS, LIGHTS. RENOVATED BA. FRESHLY PAINTED INTERIOR -NEUTRAL TONES, REFINISHED FLOORS. NEW INSULATED WINDOWS APRIL, 2019. STORAGE SPACE LOWER LEVEL. ELEVATOR BLDG. LONG ASSIGNED PARK #13 * LB UP 4:30 [Vienna Villager Apts - $275,000]

11717-D Karbon Hill Ct #707b

2 bedroom condo in Bristol House in convenient location in Reston. This condo features nice, open kitchen, fire place and private patio. Move in ready! Close to Reston Town Ctr, trails, shopping, toll rd for ease in commuting. [Bristol House - $250,000]

505 Florida Ave #T2

Spacious two bedroom / two bathroom condo with updated kitchen cabinets and countertops, updated ceramic tile in kitchen, newer HVAC, and newer water heater. Master bedroom has en-suite bathroom and walk-in closet. Priced competitively so that you can put your own finishing touches! [Jefferson Mews - $204,000]

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