Real Estate Agent near Old Town Alexandria VA
Buying or selling a home near Old Town Alexandria VA can be overwhelming. If you’re a potential buyer, there are numerous house tours that you would want to attend to narrow down your pick and with the amount of paperwork involved, it can become a stressful process. If you are looking to sell your home in the Northern Virginia area, there is also the same amount of stress involved: finding a new home while making sure you are able to sell your current home, getting the most value for your property, and more. For many, these processes are often put off for a long time because they may not know where to start. At Michael Gailliot Homes, we specialize in home buying, selling, income property, land sales, and acquisition. As a real estate agent in the Old Town Alexandria area, Michael Gailliot has many years of experience helping individuals and families navigate these situations and allow them to make the right decisions.
Buying a Home near Old Town Alexandria
Whether you are expanding to accommodate a growing family near Old Town Alexandria VA, downsizing because of a life transition or buying your first home, we will walk you through every step of the process involved. We will guide you from the loan process, identifying schools, budgeting for your down payment, to finding a dream home that fits your lifestyle and needs.
Selling a Home near Old Town Alexandria
The real estate market conditions can be unpredictable. You will never know for sure when your home becomes appealing or unappealing based on the trends and market demands. With the help of our real estate experts, you can be guaranteed that your home will be sold quickly and for the most net value possible. Contact us today near Old Town Alexandria VA to talk about how we can help to make your home more appealing in the eyes of home-buyers and get the best market price for your property.
Income Property near Old Town Alexandria VA
Income properties in the Northern Virginia region have become very desirable due to the ever-growing and stable local real estate market. However, like any other investment, you need to have enough knowledge and experience to walk away with the desired profits and value. An experienced real estate agent near Old Town Alexandria VA can help you with this matter. We have a vast knowledge of the local real estate market trends and the economy to assure you are making the right investment and that you see a positive ROI on your income property.
FAQ (Frequently Asked Questions)
Costs of living in Old Town Alexandria, VA?
Because of its historic importance, the cost of living in Old Town Alexandria is roughly 44% higher than the national average. However salaries in the region are typically higher than the national average, making up for the increase. In addition to having access to convenient transportation, nightlife, and great restaurants.
School Ratings for Old Town Alexandria, VA?
There are a number of highly rated schools from elementary schools to high schools in the Old Town area. Additionally, there are many different types of schools from public, to private, to montessori.
What are the demographics of Old Town Alexandria?
The majority of people who live in Old Town Alexandria live in non-family households. Around 86% of the people who live in Old Town do not currently have children or live with children. More people tend to have mortgages in this area but there is also a good portion of residents that rent spaces. The median household income for Old Town residents varies but it tends to be around $130,000 per year.
Average Cost of a Home in Old Town Alexandria?
There are a variety of housing options available in Old Towne. The median price for a home in this area is around $809,000 as of recent 2021 statistics.
Should I rent or buy a house in Old Town Alexandria, Virginia?
The pricing of houses in the Old Town Alexandria, VA real estate market has increased over the years and needless to say, some people are choosing to rent rather than buy a property. However, if we consider the increase in the rate of rental fees, buying a house can be a good option. Right now, the interest rates are still low and some lenders accept lower down payment, you can take advantage of it when purchasing a house.
With the help of a reliable realtor, you can avail of sizable tax breaks in accordance with your mortgage interest deductions. Keep in mind that when you buy a home, it’s more than just ownership. The equity grows over time and you can capitalize on it. Plus, the home value increases over time and when you decide to sell it, you can reap benefits.
Top things to do in Old Town Alexandria, VA?
When you are living in Old Town Alexandria, VA, you’ll never run out of things to do. Whether you like shopping, dining out, visiting historical places, or simply walking around the city, Old Town Alexandria got it all for you. Old Town is best known as the city’s nationally designated historic district. In this neighborhood, you can see a number of shopping centers, restaurants with a vibrant waterfront experience. Walking, biking, boat, and food tours are the perks of living in this neighborhood. On top of that, Old Town has more affordable housing compared to other neighborhoods in the city and it is safe to live in.
In case you need to satisfy your cravings or fill in your hungry stomach, you can come by the Old Town neighborhood. There is a line of restaurants that serve various meal options any time of the day. From casual eating, to elegant dining, you can find a restaurant that best suits your preference at Old Town.
Aside from that, you can also enjoy outdoor dining with a panoramic view of the Potomac River. If you wish to experience various cuisines, may it be Asian, Pacific, or Continental, you’ll never run out of options. Plus, you can stay longer if you want to experience their savory desserts.
Old Town Alexandria, VA is known for its historical Mount Vernon, a former plantation of ex-president George Washington. More interesting landmarks built the city’s fame including Carlyle House, Alexandria Black History Museum, Torpedo Factory Art Center, and National Inventors Hall of Fame and Museum. Not to mention, the Fort Ward Museum and Historic Park is a great landmark wherein tourists can walk the grounds and see cannons, reconstructed quarters of high-ranking soldiers, and more.
Shopping around Old Town Alexandria, VA can be exciting. You can find the largest collection of independent boutiques in the D.C. region at the King Street Mile in Old Town. Feel free to shop for anything you want from antiques, and art galleries to jewelry stores, and souvenir shops at and Del Ray’s Mount Vernon Avenue beyond. Old Town Alexandria Commons, Van Dorn Plaza, Seminary Plaza, and Bradlee Shopping Center are among your options if you want to go shopping.
Enjoy the beauty of nature by indulging in various outdoor activities at Old Town Alexandria, VA, Breathe fresh air as you bike Mount Vernon Trail. This city also provides various outdoor recreational activities such as hiking, boating, swimming, and picnicking. Take a leisure walk along waterfront parks. Plus, enjoy a stress-free excursion to a waterside stroll to a Del Ray mural tour and more.