A Very Costly Mistake Being Made By Alexandria Homeowners

“Many Alexandria homeowners may be one leaky or burst pipe away from a financial crisis.” — magazine.realtor

A survey of over 1,400 Alexandria homeowners shows that about twenty percent of homeowners concede they have no cash set aside for an emergency home fix on their Alexandria homes. Yet, the greater part of the Alexandria homeowners that responded to the survey state they’ve had a home fix emergency over the last twelve months.

According to Magazine Realtor, “Part of that can be attributed to the fact that the median age of a home in Alexandria is about 40 years, so that’s telling us that homes are aging,” Myles Meehan, vice president of corporate communication at HomeServe USA, told CNBC. Individuals ought to be worried about their home upkeep and be readily prepared for things to collapse gradually.

Sometimes, these Alexandria homeowners prefer to ignore small problems until they go away. However, ignoring small issues in a home can rest to significant costs later.

For instance, the average cost of installing or supplanting black-top shingle roofing in Alexandria is $7,280, as indicated by HomeServe. Thus, average $304 can fix or replace spigots, fixtures, and pipes. Be that as it may, deferring such household projects can drastically build the expenses – and cause damage to a home in Alexandria.

Many financial experts recommend putting away at least one percent of the home’s price tag every year to cover recurring Alexandria home maintenance costs.

Likewise, individuals ought to have reserve funds equivalent to something like three to six months of generally speaking everyday costs in an emergency account.

Lack of money for an emergency home fix can result in the DIY fixing of the home. However, this is not always recommended. It is not as easy as it is shown on videos. Besides, it is needful to consult a contractor in Alexandria before you make a significant improvement or repair on your Alexandria home.

In conclusion, consider the “life-cycle costs” of materials and apparatuses and begin an amortized month to month savings funds, so you are prepared for a sizable expenses when the rooftop needs substitution.


Properties in Alexandria

5812 Edgehill Dr

NEW PRICE! Be sure to see this 2 bedroom, 2 bath home in Jefferson Manor! This home features a cozy living room, upgraded kitchen with stainless steel appliances, and original hardwood flooring. Also, a large deck is off the kitchen perfect for entertaining! Upstairs you have 2 bedrooms and a full bathroom. The finished lower level can be used as a family room, guest room, or storage. Walking out from the basement you have a beautifully landscaped back yard with a flagstone walkway as well as steps! Two blocks from Huntington Metro and Jefferson Manor Park [Jefferson Manor - $439,900]

2206 Cavendish Dr

Beautifully updated home in desirable Stratford Landing. Gorgeous Kitchen w/42 in cabinets, Stainless Steel Appliances, Silestone counters, Natural Stone floor! Pretty hardwood floors on 2 levels! Updated baths. Living rm w/Fireplace & builtins! Very nice large Owners bedroom holds a King Bed & has walk-in closet. 4th "bedroom" on LL is flex space - comes with Murphy bed & builtins! You will love this charming, well maintained & beautifully updated home! [Stratford Landing - $624,990]

2112 Belle View Blvd

Light and bright updated cape cod. 4 brs/3 baths, updated kitchen large living/dining area, hardwoods, fresh paint, and deck overlooking rear garden. Detached garage. A must see in Bucknell Manor! [Bucknell Manor - $625,000]

5203 Cedar Rd

Price Drop and Open House on Sunday the 15th from noon to 2 pm. Move in Ready! Located in Mount Vernon/Alexandria, this cozy and fully renovated home, situated on an impressive, flat, tree lined 1/2 acre of land, is MOVE-IN READY! If you enjoy outdoor living, this home is perfect for you. The oversized front porch overlooks the stately front yard and quiet neighborhood surroundings. The expansive fenced-in backyard provides ample space for family celebrations, cookouts, kids play, dog run and more! The extended concrete driveway provides ample parking for all your party guests. Inside, the open and airy floor plan will provide an abundance of natural light. Hardwood flooring will carry you throughout the first floor. Additional features include three bedrooms and a full bath plus a cozy wood-burning fireplace. The fully updated kitchen boasts trendy stainless-steel appliances, designer selected granite countertops, tile flooring and cabinetry. The lower level has a rec room, 4th bedroom and den/study, which provides a convenient "work from home" office space, and spacious laundry room. Quick access to the Rte. 1 corridor makes commuting to Ft. Belvoir and major areas of employment around DC, MD and VA a breeze! Boasting a comfy two(2) level, three bedrooms upstairs with a full bath and open concept kitchen-living room for cozy living. Walk out to expansive back yard that has a huge patio and custom brick bbq. Total interior renovation was completed in 2019 by award winning renovation company. Close to commercial areas, Fort Belvoir, yet tucked away on a quiet street near Mount Vernon Country/Gulf Club. [Keys and Russell - $499,000]

3303 Wyndham Cir #248

Exceptionally maintained home in ultra convenient location! Bright, open floor plan with neutral paint and luxury vinyl plank floors. Gourmet Kitchen with maple cabinets, stainless steel appliances, and granite countertops. Cozy wood burning fireplace! Spacious bedrooms with walk in closets and pristine full baths. NEW water heater (2016). Full size washer and dryer in unit. EXTRA EXTRA EXTRA ... ceiling fans + upgraded blinds + designer lighting!! Private balcony with storage closet. 1 reserved surface lot parking space. Community pool + pool + hot tub + fitness room + clubhouse + basketball court + car wash station + tot lot. LOW CONDO FEE includes water + trash. Nearby W&OD bike trail. Don't miss Shirlington dining + shopping + theatres + library + grocery! Mins to I395/Route 7 and community bus to Pentagon City Metro. [Pointe At Park Center - $335,000]

1715 Hollindale Dr

Welcome home to your beautiful 4 bedroom, 3.5 bath, 2 car garage, all brick Colonial pool home on a magnificent lot! 3 finished levels with an additional room to be an office or a 5th bedroom on lower level. Bright and open updated kitchen, wood floors, table space in the kitchen and a separate dining room. Large family room on main level with a 2nd family room on the lower level! Beautiful pool and plenty of space to entertain in the backyard. New AC, furnace replaced in 2010 and the roof is only 10 years old. Convenient location close to major commuting routes, Reagan Airport, Huntington Metro, Fort Belvoir, DC, the Pentagon, shopping and dining! [Hollindale - $955,000]

316 Hearthstone Mews

IN THE HEART OF OLD TOWN ALEXANDRIA, THIS IS THE PLACE TO BE... Located 1 block from the river on the quiet northeast side of Old Town. Just minutes from the future East Coast Amazon headquarters, aka, HQ2 / National Landing, Virginia Technology Innovation Campus and upcoming NE Old Town growth that's projected to bring new retail, restaurants and the arts all within walking distance. From Bashford Ln, just 1 tfc light to DC & approx. 10 mins to Reagan Natl Airport. Metro commuters will love having the Braddock and King St Metro Stations close by. Take in all that Old Town has to offer, including catching a water taxi to National Harbor, Mount Vernon, Georgetown or National Stadium. Enjoy the privacy of this end-unit brick townhome (former sales model) that features 4 finished levels, a new roof, windows and HVAC, hardwood floors on every level, including the stairs; plantation shutters throughout; 3 bedrooms and 3.5 bathrooms, study/den on the main level, living room dining and kitchen on UL 1 with a walk-out to a large deck~ great for entertaining. Spacious Master Bedroom on UL 2 with large walk-in closet and beautifully remodeled master bathroom. Light-filled UL 3 optional 2nd Master Suite or family/recreation room with numerous closets for added storage, a full bathroom and study/den with French Doors. Don~t miss the chance to call this gorgeous townhouse your home! [Hearthstone - $895,000]

City of Alexandria, Real Estate