This regularly-scheduled sponsored Q&A column is written by Adam Gallegos, Arlington-based real estate broker, voted one of Arlington Magazine’s Best Realtors of 2013 & 2014. Please submit your questions via email.
Q. I live in a small condo complex in the Ballston area, less than 15 units. Our small lot has one spot per unit, and two guest spots. Recently it was proposed that we eliminate the guest spots because people from neighboring complexes have been monopolizing them instead of our residents.
Many residents were fine with getting rid of them, but someone said eliminating the guest spots would lower our property values. Does that seem right? I’m sure eliminating resident spots would lower values, but it seems weird that guest spots would affect our prices.
A. I’ve never seen an appraisal or home value analysis that placed a dollar value on the availability of guest parking spaces. That said, I think your condo building will be more appealing to potential buyers if it offers guest parking than if it does not.
Ballston can be a challenging place to find parking at certain hours of the day. A savvy homebuyer is going to recognize this and may be turned off if guest parking or ample street parking is not available. If buyers go elsewhere because guest parking isn’t available then it is having an effect on your home values.
I recommend keeping the guest parking spaces even if you have to work with one of the local towing companies to set an example when the spaces are not used by legitimate guests.
Please keep the questions coming to [email protected]
The views and opinions expressed in the column are those of the author and do not necessarily reflect the views of ARLnow.com.
Recent Stories
Good Tuesday evening, Arlington. Today we published articles that were read a total of 21948 times… so far. 📈 Top stories The following are the most-read articles for today —…
(Updated at 4:25 p.m.) After lockdowns, a fatal, apparent drug overdose, a racist threat of gun violence, and additional threats and gun-related incidents — all within the past few weeks…
A pair of incidents have prompted police investigations at two Arlington middle schools to start the week. A student at Thomas Jefferson Middle School allegedly brought a weapon to school…
It’s set to be a busy month at the Black Heritage Museum of Arlington as it continues to look for a permanent home. The museum is participating in a number…
Let the Arlingtones surprise your friend or sweetie this Valentine’s Day with a barbershop quartet singing love songs in four part a cappella harmony! Choose from a small selection of songs in our repertoire to surprise your special someone.
$75 for two songs delivered to a place of your choice by a live, in-person quartet. Includes a classy tin of chocolates, fresh red rose and personalized card. Small mileage surcharge for >5 miles outside Arlington VA.
$30 Facetime/Skype valentine- two songs delivered ‘live’ via Facetime or Skype at an agreed-on time.
$20 virtual valentine- two pre-recorded quartet songs delivered via email with a personalized message.
Have you noticed a striking sculpture at Monroe Street and Wilson Boulevard? It’s the Museum of Contemporary Art Arlington’s newest installation, Make Your Mark, by Arlington artist, Adam Henry. This sculpture celebrates MoCA Arlington’s rebranding and brings the museum’s energy outdoors.
On February 11, come inside when the museum’s galleries reopen with two new exhibitions: Rebecca Rivas Rogers: Grey View and Crisis of Image.
Grey View, in the Wyatt Resident Artist Gallery, is an homage to “gray” and a snapshot of the artist’s process. Consisting of photographs, collage, and a site-specific installation, this show is an outgrowth of Rivas-Rogers’ visual investigations into places you see on your way to somewhere else.
On the main level, Crisis of Image features artists who seek equity in today’s saturated visual world by developing new methods related to the production of images.
Valentine Pop-Up at George Mason University
Valentine gifts for someone special or for yourself are here at George Mason University from noon -4pm on February 14, 2023. Satisfy your sweet tooth with Kingsbury Chocolates, find a handmade bag from Karina Gaull, pick up treats from Village
Standup Comedy Showcase Starring Matt Ruby (Comedy Central)
Dead Horse Comedy Productions brings together top comedians from the DMV and beyond for a live standup comedy show!
Matt Ruby, Headliner
Matt Ruby is a comedian, writer, and filmmaker from New York City. His comedy has been filmed by
