How Much House Can You Buy for $500,000 in Northern Virginia?
Northern Virginia is next door to our nation's capital, yet it has a character of it's own. With a geography that ranges from world-class technology centers to historic cities and towns—urban corridors to rural countryside—Northern Virginia offers unparalleled options for jobs, education, recreation and culture. Therefore, it is a great place to live!
So, what kind of home will $500,000 buy in Northern Virginia and what are the features? For comparison, I've chosen five towns—Alexandria, Fairfax, Ashburn, Haymarket and Warrenton—and randomly picked five nice, single-family homes from each town in this price range that are currently on the market (as of 12/10/2013).
You will see there are similarities in these homes, however if you are searching in this region, you will find that the differences appear in square footage, acreage and distance to Washington, DC, so it all depends on what your priorities are. All of these cities and towns boast great school systems, amenities and have seen positive trends in the real estate market.
1. Alexandria, Virginia
Alexandria, Virginia is an independent city located along the Potomac River, six miles south of downtown Washington, DC. The historic center of Alexandria, known as Old Town, is the third oldest historic district in the United States. Old Town is known for it's pubs and restaurants, shopping, art scene and waterfront harbor.
3300 Battersea Lane, Alexandria, VA 22039 - $499,900
4 Beds | 2 Full, 1 Half Baths | 1,658 sq ft | .31 acres
Courtesy of Long & Foster Real Estate
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