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New Homes in Arlington: November 1

Welcome to New Homes, a biweekly column highlighting the new construction real estate market, written by Conor Sullivan and Dave Moya of Three Stones Residential at Keller Williams Realty. We are here to share our experience and expertise in lot acquisition, financing and construction of custom homes. 

When you first bought your home several years ago it may have been just what you were looking for! Memories have been made, but as life moves along, that home may not be exactly what you need any more. Now the question is – do you put your home up for sale to buy something new, or give your current home a facelift with renovations?

To help make this decision, there are several factors you should take into consideration. Here is a guide to help you decide what might be the best option:

  • What Is Your Emotional Investment In Your Current Home?

    Think deeply about what life would look like if you were to move to a new home. Does this mean living in a new neighborhood or a new town? If you have built a strong attachment to your neighborhood and the life you’ve built there, maybe a renovation is the best option. Or perhaps you have a neighbor that has just been a pin your side since you bought the home – perfect opportunity to move on up!

  • What Is Your Budget?

    Perhaps the most important question to consider is what are the actual costs of selling/moving vs. renovating. Take a look at how much equity you have in your current home, price points and other costs associated with buying a new home, and if it will leave you in a better financial situation than renovating.

    If going the renovation route, planning out exactly what updates you are looking for will help determine if your budget will get you there. Work with a variety of contractors to get quotes. You’ll want to include different options so you won’t be surprised if an unexpected issue comes up with renovations. If you plan to move, you’ll need to consider the costs of selling your home (commission and closing costs), as well as buying a new home and moving.

  • What Is Your Timeframe?

    Both options of moving and renovating come with their own timing frustrations. Before making a decision of which route you want to go, determine if you have a deadline date. For example, do you need to be moved in by a certain date before school starts? If you plan to move, you may not find your dream home right away. Establishing your moving timeframe needs up-front will help your real estate agent understand expectations ahead of time. If you plan to renovate, work with your contractor to establish an end date, then add some buffer time just in case!

  • What Is Potential ROI?

    Even if you don’t plan on moving in the next several years after remodeling your current home, you’ll still want to evaluate what the return on investment will be if you decide to make upgrades. Will the costs of remodeling be covered with a future sale of the home? It may be worthwhile to speak with a real estate agent to review your neighborhood marketplace trends and comps of recently sold homes.

At Three Stones Residential, we understand that these decisions can be tough! We want to help make the process as smooth and stress free as possible. We offer home valuations to help determine if selling your home is the right step for you. We will work with you to understand your goals, and explain our process so you will know what to expect from us. We will provide you with comparable marketplace data to help determine the best price for your home and how long it should take to sell. For more information to set up a home valuation, contact us at [email protected] or 571-429-7670.

Below is a list of new homes currently on the market in the Arlington area.

Want to learn more about financing a New Home build? McLean Mortgage (NMLS ID: 99665) can handle all of your construction financing needs. You can build your new home with as little as 5% down. Contact construction loan expert Troy Toureau (NMLS ID: 5618) at 301-440-4261 or AnyHomeLoans.com to learn more.

Recent Stories

Good Thursday evening, Arlington. Today we published 6 articles that were read a total of 7916 times… so far. 📈 Top stories The following are the most-read articles for today…

Plans to redevelop a local YMCA may have too many apartment units and not enough community benefits, county planners say. The YMCA is proposing to tear down its existing facility…

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With holiday season around the corner, it is easy to put your health on the back burner. If you are looking to get back on track during the holiday season, we are here to keep you accountable. At Aspire Higher Training, we offer 1-1 Personal Training for ALL fitness levels, Semi-Private Group Training, Sport Specific Training and Injury Prevention/Post Physical Therapy Training. Monica and her team of trainers are available across Arlington, Va.

If you don’t have access to a gym, no problem, we are located in South Arlington, but if you want to workout from your home/apartment gym, we also offer that flexibility. We make it as convenient as possible. Before getting started, we offer a free 15-30 minute consultation call to see how we can best help you towards your health and fitness goals. Let’s gets started on your health and fitness goals today by setting up a call at your earliest convenience: https://www.aspirehigherfitness.com/contact

Submit your own Announcement here.

Hello Everyone — You are invited to the final meeting of NAACP Arlington Branch NAACP for 2022
When: Dec 12, 2022, 07:00 PM Eastern Time (US and Canada)
Topic: 2022 General Membership Meeting — NAACP Arlington Branch
Register in advance for this webinar

After registering, you will receive a confirmation email containing information about joining the webinar.

7:00 pm Meeting Opens.
7:30 pm Installation
8:00 pm Presentation/Q&A; by Dave Schutz on Ranked Choice Voting
8:30 pm Final Remarks and Comments by Newly Elected Members
9:00 pm Meeting Adjourns

Installation Official Robert N. Barnette, Jr. President, Virginia State Conference NAACP The President of the Virginia State Conference NAACP will serve as the Installation Official and provide remarks for our newly elected officers at the general membership.

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Submit your own Announcement here.

Light Up Arlington – Clarendon Menorah Lighting

Join us as we celebrate the holiday of Chanukah! Enjoy delicious Latkes, hot cocoa, donuts and more!

Clarendon Menorah Lighting and Community Celebration

Experience the festival of lights!!

*Lighting of a giant 9 foot Menorah

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National Chamber Ensemble – Holiday Cheer!

NCE’s Holiday Concert will bring the finest classical masterpieces and holiday favorites together for the whole family. The festivities begin with Leroy Anderson’s classic “Sleigh Ride” and “Chanukkah Festival”, music from the Nutcracker and by J.S. Bach.

Outstanding Young Artist

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