The Fairfax VA area has an excellent real estate market and is home to many historic sites, family-friendly communities, and well-funded schools. For all of these reasons, this area is the perfect place for building a custom home. And what's better, the land is quite affordable information on pricing is available here.
Many historic sites
Fairfax County is a historic county in Northern Virginia, just minutes from Washington, DC. It offers residents a variety of outdoor recreational activities, historic sites, and some of the best shopping in the area. The county is home to several historic sites and monuments, including Mount Vernon.
Fairfax's history goes back centuries. It was first known as Providence, and was later incorporated as the City of Fairfax. In 1874, the city was selected as the site of the county's fourth courthouse. Because of its central location, the county government referred to it as "Fairfax Court House."
The Cornwell Farm is a historic property with antebellum plantation architecture. It was built by John Jackson as a home for his daughter. The house has nine wood-burning fireplaces and gas log inserts. It also has a heated swimming pool and a caretaker's cottage. You can tour the home and gardens or visit the museum gift shop.
Strong real estate market
In Fairfax County, Virginia, the real estate market for selling lots and land continues to be strong. This county has a population of approximately 1.15 million and is considered one of the wealthiest in the nation. It is surrounded by deep stream valleys and rolling hills and is the outer suburb of the Washington, DC, metro area.
This region is a Sellers' Market, meaning that the prices of homes for sale are higher and tend to sell faster. Consequently, you can expect to pay close to the asking price when purchasing a home in Fairfax. In fact, 45.5% of the Fairfax housing inventory sold at or above list price last month.
Peaceful, quiet, family-friendly communities
For people who want a quiet lifestyle but are close to Washington DC, Fairfax County has a number of enticing neighborhoods. For example, Vienna, a community of over 16,000 people, is ideally located for families who want to be close to work but not be bothered by noise. This quaint community also boasts a variety of restaurants and shops, and residents have some of the highest incomes in the country.
There are many great reasons to live in the state of Virginia. From beaches to mountains, high-end horse-racing communities to mid-sized rural towns filled with art and culture, there is a wide range of communities to suit any lifestyle. However, many Virginia communities share certain characteristics.
The Fairfax County School Board has considered selling 35.5 acres of wooded land to a housing developer in order to generate $12 million for a new elementary school. The sale would allow the school system to build the new school three years ahead of schedule and save $1.5 million. It would also speed up plans for renovations at several existing schools.
Although once considered a Republican stronghold, the political climate in Fairfax County has changed. Now, Democrats control the school board, county sheriff, and Commonwealth attorney. Fairfax County also includes portions of three congressional districts. The 11th and 10th congressional districts are represented by Democrats, including Jennifer Wexton.
Land for sale in Virginia is a great long-term investment choice. It is far less expensive than most other real estate assets, and it requires minimal maintenance. Additionally, it can generate a steady income quickly. Some landowners even grow crops on their property to increase their income.
The location is also attractive for those looking to build a custom home. Land for sale in Fairfax is affordable and suitable for this purpose. There are several booming industries in the area, making it a great place to invest. The surrounding areas are beautiful and well-developed, so you're sure to find a perfect spot to build your dream home.
The median home in Fairfax is $653,750, which is higher than the county median value of $635,000. For comparison, US and state median rents are $1,023 and $1,238. Whether you plan on reselling your investment property or leasing it, a knowledgeable real estate agent can help you navigate the process.