Canadian Home Buyers Investing in U.S. Real Estate in Alexandria

According to a recent report from the National Association of REALTORS®, a considerable rise in sales dollar volume from Canadian home buyers caused foreign investment in U.S. real estate to increase in 2016. Even though China was in the top spot for sales volumes for the fourth year in a row, Canada saw the largest increase from $11.2 billion in 2015 to $19 billion in 2016 – an all-time high for the country. This rise is attributed to U.S. property prices; while still expensive, it is more affordable than Canadian real estate. Continue reading

Selling a Home in Alexandria? Consider Staging!

Most home sellers know the importance of keeping their house clean and clutter free while it is on the market, but sometimes, taking a few extra steps can make all the difference. That is where staging comes in. According to a report from the National Association of REALTORS®, 62 percent of seller’s agents say that staging a home will decrease the amount of time it spends on the market. Buyers also need to be able to picture themselves living in a house, and 77 percent of buyer’s agents say that staging makes it easier for buyers to visualize a house as their future home. Continue reading

Making the Most of a Small Home’s Storage in Alexandria

When it comes to small houses in Alexandria, every square inch of space is valuable and there are plenty of underused nooks and crannies that, with a little creativity, can be transformed into useful storage spaces. For example, installing pullout drawers under stairs can add about two square feet of storage per drawer and is the perfect way to store towels, linens and seasonal items. Utilizing ceiling space in closets can also add up to 12 square feet of extra storage: suspend two pieces of wire across a closet ceiling and use it to cradle wrapping paper, which will be out of sight but easy to reach. Continue reading

Featured In McLean

Mclean
Mclean
Check out this house in McLean Virginia. We regularly call out a listing that find either very typical or entirely unusual of 22101 to stay aware of real estate market developments and trends in McLean, VA. We like this home because the neighborhood backs up against Kent Gardens Park just off Old Chesterbrook.  The home offers unbeatable convenience with plenty of value for the price of $1,675,000. I think this neighborhood compares nicely to Beverly Manor. Continue reading

Are you considering down-sizing?

brick-styled condo
Abingdon Row Condominium is in Alexandria
“Using a real estate agent is a very good idea,” says the U.S. Department of Housing and Urban Development (HUD). "All the details involved in home buying [and selling], particularly the financial ones, can be mind-boggling. A good professional can guide you through the entire process and make the experience much easier." Selecting the right professional is the key to a successful real estate transaction. Better than working with a simple real estate agent, you’ll want the services of a Realtor®.

What’s the Difference Between a Real Estate Agent and a Realtor?

More than two million people have earned real estate licenses but only a small percentage of these are Realtors in {Location_Name}. Realtors are members in good standing of the National Association of Realtors, their state association of Realtors and a local real estate board. Realtors are held to high standards of ethical behavior and must undergo continuing education annually to remain accredited. All agents of Nesbitt Realty are Realtors!
Nesbitt Team
Nesbitt Team
  Featured Condos in Northern VA
2823 Kalmia Lee Ct #302

Charming and spacious 1bd/1ba condo situated inside the Beltway, just 2 miles from Merrifield! The bright and airy interior features a open concept living room and dining area with a bonus skylight. An outdoor balcony overlooking a grassy lawn is directly off the living room and is perfect for entertaining or morning cups of coffee. There is a well-appointed kitchen with a convenient stacked washer and dryer. In addition, the bedroom is very large and offers ample closet space. The complex is in a fantastic location, with easy access to Merrifield, shopping, dining, and entertainment, as well as a quick commute to major highways and public transportation. Don't miss this one! [Kalmia Lee Condo - $239,900]

2726 Gallows Rd #1211

High rise living bright sunny 2 bedroom, 2 full bath, 2 indoor garage parking spaces(P3-213,P3-214) & storage(P3-19). Washer/dryer in unit. Building amenities include: security, concierge, party room, gym, rooftop patio and pool. Pets friendly(1 per family). If you are looking for ease commute, this is the location for you: Steps to Dunn Loring-Merrifield Metro Station (0.3 mile), Harris Teeter, Target, movie theater, restaurant, Starbucks, Lost Dog Cafe, Poké, Halal Guys, and Japanese hibachi. Close to I-495/I-66/R-50/R-29, Fairfax NOVA Hospital, Arlington and DC. [Wilton House - $480,000]

2500 N van Dorn St #404

What a lovely unit. Bright, sunny exposure. Large living/dining area. Open kitchen with granite countertops. Spacious bedroom and second bedroom for you to enjoy. The home has ceramic tile floors, and is painted a calm grey color. The condo fee is estimated - and covers all the utilites and amenities. Pets allowed. On-site parking for multiple cars and guest parking. The building has secured entry and 24 hour front desk. This is a super-convenient location, right across the street from a park for strolling and barbeques, just 1/2 mile from shopping, bus to Metro stops at the building door. Park Place has renovated the hallways, and is installing a new gym. There will be storage units available soon. Good reserves, more than 50% owners. [Park Place - $250,000]

51 Skyhill Rd #203

Welcome to 51 Skyhill Road #203, a modern, updated three-bedroom condo located in the highly desirable (and affordable!) Seminary Hill neighborhood in Alexandria. As you step inside, you are greeted by a spacious and open living area, filled with natural light that pours in through large floor to ceiling windows with custom remote control shades. The main living area, kitchen and bathrooms have all been recently updated with luxury vinyl plank flooring, completely with a sound-reducing base layer. The expansive kitchen features stainless steel appliances, granite countertops, and ample cabinet space, making it perfect for preparing meals and entertaining guests. New recessed lighting in dining and ceiling fan/light brightens up the room, even on a cloudy day or in the evening. The primary bedroom is generously sized and features an en-suite bathroom and a large custom walk-in closet, providing the perfect space to relax and unwind. The second bedroom is also spacious and offers plenty of closet space. The hall half bath adjoins to the bathtub/shower area of the master bath as well. The third bedroom off the living/dining area is perfect for an office/study. Custom-built dog kennel can convey or be removed. This charming condo offers a large balcony where you can enjoy your morning coffee or take in the serene surroundings. With easy access to shopping, dining, and entertainment options, this is an ideal location for anyone looking for a convenient urban lifestyle. You will love the convenience of on-site permitted parking and a secure building entry system. Don't miss your chance to make this stunning condo your new home! [Seminary Walk - $399,000]

2311 Pimmit Dr #215

FIRST OPEN HOUSES: 1-4PM SAT 3/18 & SUN 3/19. Entrance to building from Idyl Lane not Pimmit Drive. idylwood215east.com. Outstanding 2BR/2BA condo — see "UPGRADES" below — with approximately 1,235sf, new wide-plank pre-engineered hardwood floors, electric fireplace, storage unit, and parking all in a full service, amenity-rich, secure access building with concierge, 24-hour security, and Metrobus service. **Condo fee includes all utilities and amenity fees.** Large 12x22 living room with electric fireplace, glass sliding doors to balcony. Spacious 12x10 separate dining room with new semi-recessed lighting and floor-to-ceiling windows. Renovated kitchen with stainless Bosch appliances, granite counters, granite backsplash, under cabinet lighting, pantry, and new semi-recessed ceiling lighting. Large 12x17 primary bedroom has en suite bath with new recessed lighting and walk-in closet with new shelving. Second bedroom is 12x13, has double reach-in closet with new mirrored sliding doors and shelving, floor-to-ceiling windows. Second full bath in hallway with new recessed lighting. Unit 215 comes with an assigned storage space of 156 cubic square feet. **UPGRADES** — brand new 5-inch plank pre-engineered hardwood floors throughout; Dimplex electric fireplace with heater; professionally smoothed ceilings; freshly painted; new recessed and semi-recessed lighting; newer LG washer/dryer; new digital line voltage thermostat; new closet doors and shelving in hallway and bedrooms; all LED ceiling lights; new fire/monoxide alarm; Falcon Mortise door lock. COMMUNITY — Idylwood Towers is a full-service, amenity-rich condominium comprising 2 high-rise buildings and spanning 22 acres in a spectacular location just inside the beltway off I-66 and only a 15-minute drive to DC. AMENITIES — concierge and 24-hour security for each building; private pool enclosure with 50 foot in-ground pool, separate children's wading pool, private changing rooms and showers; sun deck w/grill area adjacent to pool; 4 tennis courts; 3 large outdoor gazebos with seating; party room, fitness center/gym, ping pong room, and library in each building; private children's playground w/2nd grill area and picnic tables; assigned storage units; bike storage. PARKING — ample parking for both owners and guests, owners may have multiple spaces. JUST MINUTES TO West Falls Church Metro and McLean Metro stations, Tysons Corner Center, Tysons Galleria, Mosaic District, Equinox Gym, Orange Theory Fitness, Whole Foods, Trader Joe’s, Starbucks, Peet's Coffee, Taco Bamba, the W&OD Trail and more! [Idylwood Towers Condo - $280,000]

 

Renting Unsold Property May Be a Good Move

Home owners who can’t or don’t want to sell their homes in today’s market but must move should consider renting out the property. In Northern Virginia, Nesbitt Realty & Management can provide you with property management solutions that help your properties operate smoothly, increase in desirability, and enhance the investment value. Property owners, investors, and landlords across Northern Virginia rely on Nesbitt Realty to assist them in achieving their goals of superior property management performance and profitability. Whether your properties are single-family homes, condos, duplexes, or townhouses, Nesbitt Realty will manage your property with the most dedicated full-time property managers. We are highly knowledgeable in attracting and retaining desirable tenants. Learn more now! We value every client, and we would be honored to assist you in realizing your dreams.   Obtaining a professional property manager is a good first step. Professional property managers charge 7 percent to 10 percent of the monthly rent in many areas. Nesbitt Realty is often cheaper than our competitors. Current rents may not be high enough to cover carrying charges, including mortgage, taxes, and insurance. Nevertheless, renting out the property may still make sense if property values rise in the next few years. Offering a 12-month lease that converts to month-to-month is a good idea, if the owners are considering selling eventually. Include language in the lease that allows a real estate professional to show the home to potential buyers with 24 hours’ notice to tenants. For more information or to set up an appointment call Julie at (703)765-0300.