This regularly-scheduled sponsored Q&A column is written by Eli Tucker, Arlington-based Realtor and Rosslyn resident. Please submit your questions to him via email for response in future columns. Enjoy!
Question: We’re a family of four, with two school age children, and considering having my parents move in with us soon. What sort of multigenerational options do you see in Arlington and how frequently do they come on the market?
Answer: The demand for multi-generational living has increased substantially nationwide over the last few years and most experts and builders expect that trend to continue. Multi-gen living is generally defined as parents living with their adult children, and their children (grandchildren). The most common multigenerational housing requests I get are for families seeking a full bedroom and bathroom on the main level and occasionally for a full second master bedroom with private bath, on any level.
Main-level bedrooms and/or master suites are increasing in popularity with homeowners and local builders because the rooms can be used for permanent multi-gen living or guests with physical limitations, but also convert easily to offices, playrooms, and libraries. The data below is current as of Friday, March 10, 2017 in Arlington, Virginia for detached homes sold with a full main-level bedroom and bathroom, not including one-level homes (e.g. ramblers and ranchers) or foreclosures/short-sales.
- The average days on market is consistent with what you see for all detached homes in Arlington, but averaging about 1 percent more of a discount from the original asking price, suggesting sellers are either overvaluing a main-level BR/BA or there isn’t enough buyer demand
- The average sale price reflects pricing in the most expensive Arlington zip codes for detached homes because about half of the 1,235 sold are from 22207 and 22205
- In 2016, homes with a main-level full BR/BA made up nearly 14 percent of all detached home sales and 11.5 percent of new construction sales.
Second Master Suite
Here’s a look at the much less popular, much harder to find, second master suite in detached Arlington homes. Data is current as of Monday, March 13, 2017 and does not include foreclosures or short sales.
- The demand for a second master bedroom is clearly low with average days on market and the percent discount from asking price well above the market average for detached home
- Homes with a second master suite are much larger than homes with main level BR/BA, averaging about 1 more full bedroom and bathroom
- Over half of the homes sold with a second master suite were in 22207 or 22205
Aging In Place Follow-up
In January I wrote about aging in place in Arlington and got some great responses from readers about the concept of Universal Design guidelines for updating/building a home to accommodate aging in place and programs like the Arlington Neighborhood Village. Thank you to the readers who provided that feedback!
If you’d like a question answered in my weekly column, please send an email to [email protected]. To read any of my older posts, visit the blog section of my website at http://www.RealtyDCMetro.com.
Eli Tucker is a licensed Realtor in Virginia, Washington DC, and Maryland with Real Living At Home, 2420 Wilson Blvd #101 Arlington, VA 22201, (202) 518-8781.
A man was shot early this morning in Clarendon and police are still looking for the suspect. The shooting happened around 2 a.m. at a parking lot along N. Highland…
Good Friday evening, Arlington. Today we published articles that were read a total of 5266 times… so far. 📈 Top stories The following are the most-read articles for today —…
A water rescue operation is underway along Four Mile Run after reports of a drunk man falling down an embankment. The incident happened shortly before 4 p.m. behind the Virginia…
With the Yellow Line bridge and tunnel work complete, Metro is upping service on the line. Starting Sunday, Yellow Line trains will arrive every eight minutes all day, the transit…
Join MoCA Arlington Summer Camps at Marymount University and learn the fundamentals of handbuilding, throwing on a wheel, glazing, and much more. In this two-week course, students will explore hand building techniques, wheel throwing, and strengthen ideas that exemplify individual artist expression guided by professional working artists. Students of all skill levels are welcome!
Visit MoCA Arlington’s Website here and the registration page to secure your space today!
Please join us on Saturday, June 3, from 2 to 4 pm for the Glencarlyn Home Tour in Arlington’s historic Glencarlyn neighborhood. Among the featured homes will be a sparkling new home by A&N Builders at 5604-4th St. South. The inviting front porch opens to a light-filled space featuring high ceiling, wood floors, gas fireplace, Pella windows, Shrock cabinets, Quartz countertop, and JennAir appliances. Doors from the family room open to a large covered porch with a few steps to the level, landscaped rear yard. Upstairs, there are four bedrooms, three bathrooms, laundry room, and linen storage. The big lower level has a rec room, gym space, and a fifth bedroom and bathroom plus even more storage. After leaving the home, stroll to the Ball-Sellers home, the oldest residence in Arlington, the community gardens at the library, Carlin Hall, and the 94 acre Glencarlyn Park. A lovely way to while away a late spring afternoon.
Homebuying 101: Steps to Getting Pre-Approved
Are you ready to jump into homeownership or started considering it but don’t know where to start? Financial preparation is key when thinking about purchasing your first home and the first step to getting pre-approved.
Join ACFCU’s mortgage loan officers
4th of July Celebration & Fireworks
Treat yourself this Independence Day with a world-class, private 4th of July extravaganza at the Military Women’s Memorial – a premier National Capital Region site.
Great food, fun, and the best views of Washington DC’s spectacular fireworks display. Relax, enjoy,