Alexandria, VA is a populous area on the outskirts of Washington, D.C. Many people move to this area every year for various reasons. Because of its proximity to the nation’s capital, real estate in this area is higher than in many other areas of the country.
Those who want to move to this area may be unfamiliar with how to buy homes or what to look for during the home buying process. There are many personal and financial decisions that you will need to make when moving to this incredibly lively and diverse area.
How Much Do Homes In Alexandria Typically Cost?
It is estimated that a home in Alexandria, VA costs 44% higher than the rest of the nation. An average house in this area costs around $800,000. Additionally, Virginia has property taxes. The property tax for Alexandria is 1.130% which is just a little less than the national average of 1.2%.
When Is A Good Time To Buy A Home In Alexandria?
The Washington, D.C area is known for being very humid in the summer and consequently, many people avoid moving during the summer months. August, in particular, is one of the slowest months for the housing market. You will be able to get a much better deal during this time of the year. You may also have luck in January if the seller is motivated enough to sell.
What To Do Before You Buy A Home In Alexandria
There are many steps to take when buying a home in general, however, there are additional steps to take when purchasing a home in Alexandria. Some of the most popular actions that many homebuyers in this area take before purchasing a home are:
- Find the perfect location for your needs- Your home should be in an ideal location for you and your family. If you are considering relocating to Alexandria you may want to look into necessities for your family such as school systems, metro access, and what areas match your lifestyle.
- Getting the home inspected- Home inspections are typical when it comes to buying a house as you want to make sure you’re getting a good deal and that the house is safe and up to code. Homes in Alexandria have to be able to withstand the extreme humidity so planning an inspection can show you what has been damaged or needs to be replaced in the house. If you hire a professional to inspect the house, ask them to check the home’s foundation, roof, electrical system, all of the appliances, and ask them to give you an overview of the entirety of the home and its structure. This inspection may reveal damages that you would have no idea about just by looking at the house.
Figure out any additional dealbreakers- If you have any other deal breakers when it comes to your ideal home, take them into account and figure out an area that accommodates them.