Do you need to know where to begin for home shopping in the competitive Alexandria, Virginia real estate market?
Understand that there’s no “most suitable” time to pick up a $775,000 residence in Alexandria, Virginia.
If you find the perfect house today, don't take the chance of losing out because you think you can predict where the housing market in Fairfax County is going. Factors like market price and interest rate usually don’t fluctuate quickly enough to make a meaningful difference in an individual house’s price in Alexandria. Much more important than macro-economic factors, is the actual real estate at hand. That's because all real estate is unique. So, an opportunity lost today could be gone forever.
Don't poll the village for opinions.
It’s natural to want reassurance for such a big decision, but who is ultimately going to pay the mortgage and live in the home? Give the most weight to your own needs and wants as well as the needs and wants of others who will be living in (or paying for) the home.
You'll never find a home that doesn't require a compromise.
There are many examples of compromises that buyers have to make every day. Consider a few of these possibilities. Maybe you really wanted more than 3 full-baths.Maybe you love the kitchen, but hate split levels homes. Prioritize your home ownership desires and home ownership requirements, and start by shopping those homes that meet your requirements.
You will never negotiate a super-deal in Alexandria, Virginia.
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 Fairfax County 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 buy a home, you're buy a community.
Don’t get completely enamored by the physical aspects of a property to the point that you forget about important issues such as:
- proximity to shopping
- access to amenities,
- parks
Plan ahead.
Don't shop for homes before you:
- select a Realtor
- to get approved for a mortgage
- learn more about home inspections
- list your priorities
4 beds, 3 full, 1 part baths
Home size: 1,799 sq.ft.
Lot Size: 8,986 sq.ft.
Added: 04/13/18, Last Updated: 04/13/2018
Property Type: Residential Detached for Sale
MLS Number: FX10204483
Subdivision: Belle Haven
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