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
The U.S. Department of Housing and Urban Development (HUD) says that since so many details, especially financial ones, are involved in buying and selling a home, using a real estate agent is a good idea because that professional can be a guide throughout the process, making the entire process and experience so much easier. The key to a successful and positive experience with a real estate transaction is finding the right professional to assist you. While a real estate agent can meet your needs, the services of a Realtor® will suite your needs even better.

In {Location_Name}, what’s the Difference Between a Real Estate Agent and a Realtor?

Of the more than two million people who have earned real estate licenses, only a small percentage of them are Realtors. Realtors, who are members in good standing of the National Association of Realtors, their state association of Realtors, and a local real estate board, are held to high standards of ethical behavior and undergo continuing education annually to remain accredited. All agents of Nesbitt Realty are Realtors!   Featured Condos in Northern VA
12906 Fair Briar Ln

Beautiful two bedroom two bathroom condo in the coveted community The Gates of Fair Lakes. Walk in on the main level and enjoy upgraded hardwood floors throughout the living and dining area. Drive up and park in the personal single car garage that opens up right into the spacious kitchen with granite countertops. Go downstairs and find the main bedroom with attached bathroom and walk in closet. Turn the corner and have a second bedroom with dual closets, a second bathroom and laundry closet. Watch the sunset on the private balcony with storage closet. Stroll through the community and see all the amenities: community pool, clubhouse, fitness center and more. Very close to major highways and retail stores all while remaining quiet behind the community gates. [Fair Lakes Condo - $439,900]

1029 N Stuart St #106

Welcome to BALLSTON - You can WALK to: Ballston Metro, buses, tons of restaurants with a variety of food and club options (including some that are open all night), cafes - including independent coffee shops, movie theater, bars/wine bars, walk to multiple gyms including One Life Fitness, Orange Theory, Gold's Gym, grocery store, CVS, Arlington Central Library, Ballston Quarter, FreshFarm Ballston Farmers Market right across the street every Thursday (April - November), Quincy Park with tennis courts and even walk to the DMV. Whole Foods and Trader Joe's just down the street. - Hardwood Floors, Fresh Paint, Front Load Washer & Dryer -New HVAC 2015 - New Hot Water Heater 2022, New Washer Dryer 2022, New Microwave 2023 [Summerwalk - $407,000]

3701 5th St S #507

Enjoy the stunning views from this 5th floor Penthouse Condominium in Alcova Heights. Beautifully updated with fresh paint and new floors throughout! Enjoy the simplicity of an open efficiency layout with eating, living and sleeping area. Separate kitchen with all new cabinets, low maintenance quartz countertops, stainless steel appliances including a gas stove. Huge walk-through closet offers ample storage and serves as a great powder/changing room before heading to the updated bathroom. Additional closet in entryway. The Condo Fee includes all utilities, except for internet/telephone. Fios is available. Seller provided Home Warranty thru Cinch Services. Well-kept building with an elevator, lobby with key fob access, mail area, bike storage, and community laundry room. The community pool is open in the summer and there is a lovely shaded green common area for BBQing. One resident and one guest parking pass is included. EV charging station and handicap parking available. The metro bus stops just outside the community on Glebe. Less than two miles from the metro. Excellent commuter location close to Route 50 and Columbia Pike. [Stratton House - $198,000]

2791 Centerboro Dr #88

Beautifully updated 2 bedroom, 2 bath condo with sunny patio facing courtyard. Located in a peaceful setting near the Vienna Metro. The kitchen has beautiful cabinets and granite counters with newer SS appliances including gas oven/cooktop, refrigerator, dishwasher and microwave. HVAC replaced in 2021, Hot Water heater in 2020 and Washer/Dryer - 2023. Brand new flooring throughout entire condo. The office area is a great addition for those who work from home. This condo is not only spacious but has new lighting and on the ground floor with close proximity to the elevator. There is one assigned parking space and 2 visitor passes. The Marquis at Vienna is conveniently located near the Vienna Metro/I-66 and downtown Vienna. There are many restaurants, shopping, and outdoor festivals and activities all year long. The community offers an inviting club house and a newly updated swimming pool plus exercise room and community room. Feel free to reach out to Listing Agent, Karen Ryan with any questions. Seller prefers RGS Title Reston. [Marquis At Vienna Station - $465,000]

 

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. Nesbitt Realty takes property management very seriously. Our agents and full-time staff are full-time in the property management business and we meet weekly to keep abreast of industry changes and to hone our best practices in property management. Nesbitt Realty is a family business that strives for excellence in real estate. That means working hard to analyze the best possible solution to maximize our landlord's return on investment. We work hard to meet the requirements of the Virginia Residential Landlord Tenant Act, the demands of the tenant and the needs of the landlord. Call us to find out more about what makes us different from other property managers. We serve most of Northern Virginia and have offices across the area. We manage single-family homes, townhouses and condominiums. Read more about property management service Due to our ability to deliver outcomes that satisfy our clients, Nesbitt Realty has won numerous honors and accolades for customer satisfaction.   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.