Alexandria real estate - Alexandria is located 6 miles from downtown Washington DC and is one of the largest unincorporated communities in Virginia. Alexandria is located on the western bank of the Potomac and has benefitted greatly from its proximity to Washington DC. Inhabited primarily by government officials, federal employees and other working professionals, the Alexandria real estate market has evolved to cater to the large number of temporary inhabitants that make up Alexandria’s population. One of the oldest parts of Alexandria is Old town Alexandria which is a unique blend of old and new architectural styles.
Old town Alexandria was founded in the year 1749. Old town Alexandria real estate is a fantastic blend of town houses, art galleries, antique shops, and restaurants. People looking to settle down in a place that has the look and feel of years past will love the fantastic options Alexandria real estate has to offer. Alexandria real estate is a mix of permanent accommodation and temporary homes, and people from all over the US have been attracted to the unique blend of town houses and condominiums that the Alexandria real estate market is popular for.
The Old Town Alexandria real estate market also offers condos, townhomes, apartment complexes and penthouses. As mentioned earlier, a large percentage of Alexandria’s population consists of people that have transferable jobs and the Alexandria real estate market has numerous properties available for rent. What is equally true is that Old town Alexandria is still considered the center of Alexandria, and some of the townhouses located on the scenic Potomac are among the most coveted pieces of Alexandria real estate.
People looking for upscale condominiums will find the Old Town Alexandria real estate market the ideal hunting ground. A 2005 survey concluded that more than 40% of all condominiums in Alexandria are valued at over $556,000 or more. What is also true is that the Alexandria real estate market has affordable, cost effective accommodation options available, and places like Del Ray are catching the attention of real estate investors all over the US. Future development plans for Del Ray include plans for condominiums, parks, and a fire station with affordable housing on upper floors.
The Old Town Alexandria real estate market has evolved to incorporate housing options for people from all walks of life, and the steady appreciation of properties all over Alexandria has fueled real estate development all over Alexandria. People looking to make a real estate investment should definitely look at the various real estate options that are available in Alexandria. The Alexandria real estate market is expected to grow over the next few years, and the ideal time to invest in the Alexandria real estate market is now. It is ideal to speak to a real estate agent to get a detailed and more comprehensive overview of the Old Town Alexandria real estate market before making any real estate investment; a ‘walk around’ Alexandria is not a bad idea.
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