Dreaming About Torpedo Factory? Consider This Residence.

Are you dreaming about renting out a 1-bedroom condominium in Alexandria? Nesbitt Realty understands the City of Alexandria rental market.

Surprising 1 Bedroom Condo Available For Lease at Torpedo Factory

$2,400 || Unit At Torpedo Factory || 22314 LOCATION! Rarely available one bedroom loft apartment at the Torpedo Factory. Just steps away from all the conveniences and activity unique to Old Town. Cathedral ceilings, double height south facing windows, working fire place, hardwood floors … [Read more]

Why choose to buy a condominium?

Condo life is a simplified way of living for those with active and busy lifestyles. There are a lot of reasons that people prefer to live in condos than in houses. Some condos do cost less than a traditional single-family house while offering many of the amenities/facilities that a person may not be able to afford on his own. And there are single-family houses that cost the same as a condo, but of course, do not have the amenities that the same costing condo can offer. A simple condo would offer its residents a pool, a gym, and a party room, but a similarly priced house would not have these benefits. Condo owners share the cost of maintenance. Exterior maintenance and even lawn care are handled by the condo association, while the expenses to provide that care is already a part of every condo unit owner’s monthly fee. There are certain condos that include the utilities included in the condo fee and other condos that share the cost of water but pay their own utilities. Basically, a condo owner can just step out of his room and enjoy a dip in the pool or a good workout at the gym, while the latter would be on the roof cleaning out gutters or frowning down on his bills and writing checks for pay all his utilities.    

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[What does a rental agent charge?]

Setting a Rental Budget

For many renters, the most important factor for consideration is how much are they willing to spend on a rental per month. For this reason, it should come as no surprise that the first step in the rental process should include establishing a budget. Renters should consider their monthly income and subtract all of their monthly expenses from this amount. Monthly expenses should include all bills which are paid regularly as well as money spent on food, entertainment, and miscellaneous items monthly. The renter may also wish to subtract an additional amount to allow for some savings each month as well as emergencies. The total left after these deductions is the amount the renter is able to spend on a rental per month. Once this amount is established, the renter will have a better understanding of the type of rental they are able to afford. When you know your budget and you are ready to shop for a new home, contact an agent.  Rental agents cost the renter nothing and they do not work for one specific building. A rental agent can see all the rentals that are available to make sure that you get the best value for your money. [Learn more.]