Byron condominium is located in Falls Church VA
If you're approaching retirement, or just had it with the big-house lifestyle, it might be time to down-size. Here are some thoughts to consider when downsizing:
Consider a short-distance move for familiarity. Plus, a shorter move can be cheaper.
If you're moving out to a new county or state, check the property taxes. This is especially important if you're on a fixed income.
Look for handicap features that you might not need now but which may you if your health or physical abilities decline.
Think about sharing space with a younger (or older) family member.
Insist on good security in the new property.
Look for a home that doesn’t require a lot of maintenance.
Ask about energy efficiency. Utility bills will go up but a fixed income does not.
For more information or to set up an appointment call Julie at (703)765-0300.
Here's a snapshot of what's going on in the real estate market in Arlington VA as of April 28, 2010. The median price of homes sold increased sharply after March and at the same time the average number of days on the market decreased. This is a strong indicator that the market is recovering. As we approach the end of the first-time homebuyer's tax credit, we'll see if this is a trend or if this is capturing sales that would have occurred in June anyway.
Will NesbittWill Nesbitt is the principal broker of Condo Alexandria.
