What You Should Know Before Buying Alexandria VA Condo

Buying Alexandria Virginia property is a smart and profitable investment. Alexandria real estate market has always been desirable to home buyers due to its location and diversity. It offers an easy commute to Washington DC and a quick access to Ronald Reagan National Airport.

There are different types of real estate that you may consider purchasing  in Alexandria- condos, townhomes, single-family houses, multi-family units and commercial property.

Today I would like to share with you the most important things that you should know and take in consideration when buying Alexandria VA condominiums. On first place you should think about resale value because the average period of people moving in Alexandria is 6 years. You must be able to sell one day at price equal or higher than what you paid for the property.

The most important factors when choosing a condo are location, number of bedrooms and bathrooms and easy commute to Washington DC. Purchasing a condo unit that is next to a metro station or in a proximate distance to it will assure easy commute and will increase the value of the unit in the future having in mind the constantly growing suburban areas.

Don't forget also to look at the condo fees that you will be required to pay on monthly basis, sometimes these are too high and do not include all of the utilities. How important is this?

Real estate taxes, special tax assessments, restrictions that may prevent you from doing certain renovations and how many parking spaces convey with the property - these are all vital to a real estate transaction.

 Find out why at my real estate blog page www.alexandriarealestatemarket.com 

I strongly recommend getting familiar with the actual real estate market data that will give you a very good idea where the market is heading and what you should expect in the near future. 

To get your FREE Alexandria Market Report please visit www.AlexandriaRealEstateMarket.com/marketreport 

I hope that you find my publication helpful and will make your choice easier when deciding the type of Alexandria property that you want to purchase.

Please come back soon to read  my next article what you should know before buying a townhouse in Alexandria! 

Sincerely, 

Alex Pachedzhiev, Accredited Buyers Representative

Realty USA

6900 Wisconsin Ave, Ste 502, Bethesda, MD  20815

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