Do you need to know how to lay the groundwork dwelling comparison in the competitive local real estate market?
Be advised that there is no best choice of time to get a home in 22314.
If you find the right house today, don't take the chance of losing out because you’re trying to guess where the housing market in 22314 is going. Factors like market price and interest rate usually don’t change fast enough to make a meaningful difference in an individual house’s price in Alexandria. Much more important than macro-economic factors, is the actual neighborhood in Alexandria you're looking at. Every single property in the City of Alexandria is unique. So, property that you miss out on today, might never be on the market again.
Don’t ask for too many opinions.
It’s natural to want reassurance for such a big decision, however too many ideas can actually frustrate and confuse you rather than help. Focus on the wants and needs of the people who will actually be living in this house.
Start with the assumption that no home is ever perfect.
There are many examples of compromises that buyers have to make every day. Consider a few of these possibilities. The association doesn't have enough amenities, but the association fee is low.Maybe the home has 3 bedrooms but no garage parking. I'll help you separate what you want from what you need, and then focus on what you must have. Anything beyond what you absolutely must have is a win.
Don't expect negotiations to be a give-away.
Just because a home has been sitting for a long time, doesn't mean that the seller is willing to negotiate. Sometimes it means just the opposite.We have a very efficient real estate market in the City of Alexandria and most homes will trade for about what they are worth. There are very few properties that sell for more or less than the appraised value.
When you're buying a house like 616 Washington St S in Alexandria, you're also buying a neighborhood like Old Town Alexandria.
Don’t get completely enamored by the physical aspects of a property to the point that you forget about important issues such as:
- resalability
- access to public transportation
- community activities
Make plans now.
Before you shop there are some tasks to take care of. Don’t wait until you’ve found a home to:
- list your priorities
- think about title companies
- figure your budget
- learn more about home inspections
I can help with the purchase process. Even if you just need to talk to learn more about how to go forward, please don’t hesitate to call. Connect with me if you’d like to learn more about 616 Washington St S.
LOCATED IN THE HEART OF OLD TOWN, THIS BRIGHT AND SUNNY FREE-STANDING TH CAN SERVE AS AN OFFICE OR A HOME OR A COMBINATION THEREOF. THE DEEP LOT OFFERS 6 OFF-STREET PARKING SPACES. THE LOT PROVIDES EXCELLENT EXPANSION POTENTIAL. EASY COMMUTE TO ... [Read more]
Price: $795,000 : 616 Washington St S, Alexandria, VA
22314
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Beds: 3 ||
Baths: 1 ||
Half-Baths: 0 || D
ays On Market: 2 ||
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Old Town ||
Buyer’s Rebate From Nesbitt Realty: $4,879 || MLS: AX10201456
- $799,900: 632 Columbus St, Alexandria, VA 22314 | Old Town | Comparables
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- $769,000: 952 Washington St N, Alexandria, VA 22314 | Old Town Gateway | Comparables
- $770,000: 814 First St, Alexandria, VA 22314 | Old Town Commons | Comparables
It’s fun work hard for my clients. Nesbitt Realty agents are full-time, local, knowledgeable long-time residents.
