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Arlington, Virginia is an urban county of about 26 square miles located directly across the Potomac River from Washington, DC. Perhaps no other community in the United States brings together historic residential property options and sparkling new residential developments than can be found in Arlington and in Arlington real estate. No matter if you are seeking a beautiful hundred year old property or a residence with the latest amenities and the most modern of designs, a search of Arlington Virginia real estate can help you find exactly what you are looking for in regard to what really can be the home of your dreams.
Arlington is hardly overshadowed by its next door neighbor. It has more private office space than downtown Boston, Dallas, Denver or Los Angeles. in the first half of 2007, 322,876 square feet of office space was completed and approximately 1.1 million square feet of office space was still under construction. Arlington's tax base is approximately divided between 42% commercial and 58% residential properties, enabling the County to maintain an competitive property tax rate in the Washington, DC region. In 2007, the tax rate is $0.0818 per $100 of assessed value.
Arlington Real Estate Prices
Another magnificent feature of Arlington real estate and the residential market in the city today is found in the fact that there is such a broad price range. In other words, no matter what your budget, an individual or family can find a home, townhouse, condominium or loft in every imaginable price range. Home prices in Arlington currently range from $250,000.00 to $9.5 million. The average cost of a residence in Arlington is just over $520,000.00.
If a single, detached residence is your goal when it comes to Arlington real estate, the average cost at this time of such a piece of property is approximately $830,000.00. The average cost of a townhouse in the city is approximately $600,000.00. Finally, the average price of a condominium in Arlington today runs at about $400,000.00
Arlington Homes For Sale
Arlington Condos For Sale priced between $350,000.00 and $550,000.00. Featured condo buildings include The Odyssey, The Palatine, The Continental, 1800 Wilson, Clarendon 1021, The Phoenix, Eastview and Westview.
Arlington Townhouses and Houses For Sale priced between $600,000.00 and $900,000.00. This is a sweet spot in Arlington real estate that provides some diverse options.
Arlington Luxury Homes For Sale priced over $1 million. Featuring Arlington penthouses and luxurious single-family homes.
Arlington Virginia Neighborhoods
Arlington is made up of a number of different smartly developed neighborhoods. One of the highly touted neighborhoods in Arlington is Clarendon, which actually is the original Arlington downtown area. Some describe it as a young, laid-back neighborhood filled with single-family homes and condos, tree-lined streets, hip local businesses and night-life that is very alive.
Rosslyn is home to Arlington's tallest skyscrapers and right next door to Washington, DC, this neighborhood is filled with big-city culture, housing and nightlife. Rosslyn is best known for great condos when it comes to Arlington real estate options.
Ballston has a big city skyline of office buildings, condos a and four-level mall sits just blocks away from the a quiet collection of parks, schools and single-family homes. Ballston is an up and coming segment of Arlington proper with a nice selection of different types of residential real estate options for the discriminating home buyer. These three major sections of Arlington are discussed in greater detail for you at this website.
Over the course of the past thirty years, a number of other sections of Arlington have enjoyed remarkable growth and development in the residential, commercial and retail sectors. These include:
Courthouse, home of Arlington County government, this area is growing up quickly. Enjoy a pedestrian mall with fun places to eat and an outdoor farmers market every Saturday.
Crystal City is a fascinating complex of office and residential high-rises, shops and restaurants, on both aboveground streets and underground corridors. Crystal city is located within 5 minutes of Ronald Reagan National Airport and around the corner from Old Town Alexandria.
North Arlington boasts a variety of historic neighborhoods along Lee Highway, each with its own unique living, working and shopping opportunities. Walk to the local grocery stores, Baskin Robins and Dunkin Donuts. That's my kind of neighborhood.
Pentagon City is the DC areas premier shopping destination, as is evident by the tour busses that line up outside Pentagon City Mall on any given afternoon. Pentagon City is rapidly developing with new apartments, office buildings, parks and open spaces. Don't miss Pentagon Row in the summer for shopping and outdoor dining... in the winter for outdoor ice skating right out of a movie.
Shirlington has been called a young professional's playground. It tastefully provides shopping, dining, theaters, bike trails and diverse housing near Arlington and DC employers. Shirlington is one of the fastest growing neighborhoods in Arlington.
Virginia Square, where quiet residential neighborhoods, plenty of outdoor activities, and long-standing local businesses provide a peaceful, small-town feel. This is also the home of George Mason University Law School.
Westover is one of those places that gets cooler with time. It is known for a concentration of small, independent shops, fun and funky restaurants, and quiet residential streets that make you want to stop and hang out for a while. Westover is made up primarily of single-family houses.
One element that these neighborhoods have in common is a dedication to managed and coordinated development. These planned communities offer the very best in Arlington real estate options for a person seeking a great residence in the capital city and Northern Virginia area.
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