The Right Note is a biweekly opinion column. The views expressed are solely the author’s.
The County Board is scheduled to vote on the budget and tax rates later today. Sadly, the budget documents have not been posted to the county website as of the writing of this column. At best, the public will have just a handful of hours to review the final FY 2022 budget before it is adopted.
In a rear wing of the Febrey-Lothrop Estate in Dominion Hills, there was an ornate wooden compass floor inlay built into what had been a library.
Like the windows, decorative ornaments and columns, it had been part of the original 1859 home that had seen Civil War soldiers, servants and national celebrities come and go over the years.
Welcome to Kami’s Korner where we’ll take a deep dive into Arlington’s condominium market by focusing on what’s coming next. From emerging developments to shifting trends, this space will spotlight the opportunities and insights shaping the future of condo living in Arlington.
Many of you have asked about best practices when it comes to buying a new condominium. Some of us only want new and are willing to pay a premium for the best in current design. There are several recommendations and insights here that will help you get what you want.
First decide what type of condominium you need… size, number of bedrooms, bathrooms, parking needs, or separate office, followed by a list of wants such as level of building service, amenities on-site, space for dining for six, balcony, open floor plan, and natural light. (Here she goes again.) Not to be sexist about it, but females generally are better shoppers and come with a preconceived set of non-negotiables.
Identify the areas you would consider living, such as Arlington or Old Town… but not wanting to go as far as Tysons, Reston, or DC. People don’t buy condominiums in places they aren’t familiar with or already spend time in, unless relocating entirely. Many upcoming communities put up signage and a website first which makes early interest hyperlocal. Register as a VIP on the website early and you will get regular communication, time to consider the offering, and learn when pre-sale will begin.
Once open, come early in pre-sale. You’ll get the pick of the litter. This is particularly important if you want something larger and are interested in the best views. Prospects are smart and pick the best floorplans first. If you have some idea of your ideal size and price point it makes good use of everyone’s time. Once you make a selection, expect to leave a 10% deposit as this is pretty standard in the industry. The developer generally has their own contract and it’s written much in their favor but not unreasonably so. Pricing this early is usually not negotiable… the price is the price. But you can purchase with some confidence since all buyers are getting the same terms and the developer has a shared interest in protecting values through delivery while sales are ongoing.
You do not need to be fully qualified for financing to come out and look but it’s wise to have some idea of what you can afford. Most builders give incentives for paying cash or using their title company and lenders. Often your contract might even offer a short financing contingency in exchange for considering them.
Once firmly under contract, a buyer might have 12- 18 months to prepare for the move. How blissful. This is one of the best parts of buying early in pre-sale. Moving is daunting, especially if you have been in your current homes for 30 years and the thought of moving seems excruciating. Decide what to take, sell/donate, and hire a proper interior designer to space plan and create a unique home that reflects your tastes. All with the time to do it properly.
Something to note. Finishes have gotten more high end, brands carry weight, and there is less customization offered these days. Gone are the days of going to a design center. If you know you are getting a Sub Zero refrigerator included you probably won’t ask if there are other options available. (more…)
The votes have been tallied and the results are in!
Below are the winners of the spring 2021 Arlies, as voted on by the readers. We’ve highlighted the top vote-getter, but have included up to two others that were close behind in the voting as additional winners.
This Memorial Weekend: Argentine Festival USA Returns May 23
EVENT HIGHLIGHTS:
Some Arlington restaurants have been honored, by association at least, in the latest edition of the city-centric Michelin Bib Gourmand list.
A number of D.C. restaurants with Arlington outposts made the list, which highlights great but affordable during experiences.
Join Jadin O’Brien, Olympic athlete, 3x NCAA pentathlon champion and 10x All-American (heptathlon) winner for this in-person and virtual 5K. This event is sponsored by The Alex Manfull Fund to raise awareness and advance research on debilitating infection-associated neuroimmune disorders (including PANS and PANDAS) that affect young people. The 5K is part of the organization’s 36 Hours for PANS and PANDAS Advocacy in Motion event. Runners will receive a Finisher’s Medal, Technical (Drifit) Event Shirt and A Chip Timed Event. The event commemorates the life of Alex Manfull, who died at age 26 due to PANDAS. Susan and William Manfull established the Fund in their daughter’s name with the vision that no life ever again be cut short—or interrupted—by these illnesses. Learn more at TheAlexManfullFund.org.
Don’t be surprised if you see helicopters and some small planes flying around the D.C. area this morning — it’s all part of a military training exercise.
The North American Aerospace Defense Command (NORAD) says the air defense exercise will be conducted between 11 a.m. and noon. It will involve Coast Guard helicopters and general aviation aircraft — often smaller prop planes.
The recent spate of business burglaries in Arlington is continuing.
Early Saturday morning a group of three thieves broke into businesses in the Dominion Hills and Westover neighborhoods, stealing several cash registers and leaving behind piles of broken glass. At least five businesses were damaged by the burglars.
Final Departure for Gate 35X — Reagan National Airport’s notorious Gate 35X served its last unhappy passengers last night. A newly-built, fully-indoor concourse opens today. [WTOP, Twitter, Twitter, The Points Guy]
Rosslyn Resident Makes Big Donation to UNC — “The University of North Carolina at Pembroke… has received a $6 million planned gift — the second largest in the university’s history — from former trustee Mary Ann Elliott to name the McKenzie-Elliott School of Nursing.” Elliott is a Rosslyn resident and former aerospace executive. [Yahoo]
Anecdotally, at least, restaurants seem to be getting busier around town.
That’s not too surprising, given the warmer weather and the fact that vaccinations are on the rise and now available to everyone ages 16 and up.
The County Board is slated to vote on its fiscal year 2022 budget tomorrow (Tuesday) and affordable housing is top of mind for many Arlingtonians and Board members.
In February, County Manager Mark Schwartz proposed a budget with $71.1 million earmarked for housing — about 8.5% of the overall $834 million county budget, excluding schools.
