Best Ranked Northern VA City by Value
Northern Virginia is home to many of the elite of the United States, therefore many of the more elite and affluent people of the free world reside throughout the region. The biggest reason for this is that that Northern Virginia is essentially Suburban Washington DC, meaning that it is where many who are part of the commerce and trade of the Nation’s Capital reside in Washington DC. From politicians and contractors to emissaries to government employees, many who make their living, which means usually a good living, inside the beltway choose to live and raise their families in the peaceful, beautiful, and tranquil nearby areas of Northern Virginia.
Frankly, you want the best that the nation has to offer running the country and conducting the commerce that is the lifeblood of the nation, and these people tend to own nice homes in nice neighborhoods. That is why Northern Virginia has some of the most valuable homes, property and real estate in the country and in the world. Let’s examine 5 of the highest-ranked communities, by value, in the coveted areas of Northern Virginia.
Fairfax: Fairfax is always ranked as one of the best communities to own real estate in, in the state of Virginia and in the United States period. With an average home value well over a half a million dollars for a single family home and an annual increase of over 2% almost every year in property value, it is not hard to see why Fairfax is ranked as one of the most valued communities in Northern Virginia.
Vienna: Vienna is one of the more expensive communities in the region and in the country, but that doesn’t mean it isn’t a great value for your dollar. It means, in fact, the opposite. Even though the average home sells for nearly $750,000 apiece, the value of homes steadily climes year in and year out.
South Riding: The median home valuation in picturesque South Riding is slightly over $510,000 per home. That is quite a large figure for any home, but the prices of the homes in South Riding just keep going up and up, making any investment in real estate there profitable, even in short periods of time. Add in the quiet neighborhoods and great schools and you can easily see why South Riding ranks so high.
Ashburn: Even though the average home price is just over a half a million dollars apiece in the quixotic community of Ashburn, the value in the property is among the best in the region. In fact, the average price per square foot of a home in Ashburn is about $5 than the average price per square foot of every home in the entire DC Suburban region. So while it takes a few bucks to buy a property, you certainly get a lot of space and value for the property that is sold in Ashburn.
Alexandria: One of the oldest and most historic communities in the nation, Alexandria also holds great value for the citizens and property owners in the city. The average home price rings in at $512,000, and the property value in the city has risen over 4% in the last year alone. With a skyrocketing annual increase in property value, it is easy to understand why this historic community is on the list.
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