#1 – Access to Washington, D.C.
Due to the proximity to the U.S. capitol – Arlington, Virginia is a prime spot for families and working professionals looking for a mix of business and pleasure. A stable economy provides lucrative careers, which supports a strong real estate market, and hosts vibrant communities with active social scenes. Due to the recent growth in residential offerings, a buyer can find any type of accommodation that fits their budget and lifestyle preference.
#2 – A Strong Real Estate Market
The covid-19 pandemic has disrupted markets around the globe, yet real estate has surprisingly thrived in this current climate. Arlington, Virginia has seen record-setting real estate assessments for single-family homes and condos and shows no signs of slowing down. Coupled with tax-friendly local laws, that allow for some of the lowest property taxes in the country, buyers can often expect to pay less than 1% of the property value per year. Now is the time to start your Arlington county Virginia property search and start building equity in your dream home today.
#3 – The City is Undergoing a Massive Redevelopment
We see this as a key indicator of future growth within the county, and a major draw for anyone looking to invest or plant roots in the area. The massive redevelopment effort in the city has prompted Arlington County to commit more than $220 million for transportation improvements plus has seen several private developers show interest in the redevelopment of key areas in the city as well. We predict a significant appreciation of real property and real estate investment properties in the area in the next decade.
#4 – Wide Variety of Property Types
Arlington’s real estate market is quite diverse, with a wide mix of accommodation styles scattered throughout the county. Quite neighborhoods with kid friend single-family homes are located in desirable upscale neighborhoods. While more urban-centric condos along the Potomac give a big city feeling. A mix of modern and Colonial can be found throughout, offering a range of options for an investment buyer or the career resident.