This article was written by Marian Marquez, Director of Business Investment for Arlington Economic Development.
It’s the end of Arlington County’s fiscal year, a time when we look back at our activities over the past twelve months to reflect on our collective wins, challenges and opportunities.
Meet Arlington’s newest Pet of the Week, Walter, a 3 year old Bernese Mountain Dog who just moved to Arlington.
Here is what Walter had to say about his new life here in Arlington:
This regularly scheduled column is written by Eli Tucker, Arlington-based Realtor and Arlington resident. If you would like to work with Eli and his team in Northern Virginia and the greater D.C. Metro area, you can reach him directly at [email protected].
Question: How does home value appreciation vary in Arlington by property type?
Answer: The Arlington VA housing market has appreciated by an average price of 49% and a median price of 39% over a ten-year period, but that appreciation is not evenly distributed across all property types.
Detached Homes Appreciate Over 60%
Those who spend the most on a home benefit from the highest appreciation rates, with detached home appreciation of 60%+ over the course of a decade, and new detached homes appreciating the most of any property type, at 65%.
Condos Appreciate 1-2% Annually
The worst performing category over ten years in Arlington is the one-bedroom condo, with appreciation close to 1% annually and just 15% over ten years. Two-bedroom condos perform moderately better, with an average annual appreciation closer to 2% at 28% over ten years.
Townhouses are the Goldilocks Property Type
More expensive than condos and less expensive than detached homes, townhouse/semi-detached properties fall right in the middle of cost and ten-year rate of appreciation, coming in at 40% over ten years. (more…)
Clarendon Presbyterian Church is holding its second drive-through food drive and toiletry collection Saturday to support Arlington homeless shelters.
The drive-through will run from 9 a.m. to noon at the church (1305 N. Jackson Street).
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Arlington County and the City of Alexandria are applying for a pair of grants that would bring significant changes to the Mt. Vernon Trail and a portion of King Street near Fairlington.
The county and the city are supporting each other’s grant applications to the Virginia SMART SCALE transportation funding program.
A collaborative Summer Solstice gathering hosted by Inner Seasons and Spiritual Enhancements.
The Summer Solstice marks the peak of the sun’s power, the moment in the Wheel of the Year when light is at its fullest expression. In many traditions, this is the season of radiance, visibility, and creative fire. It is the time when nature stands unapologetically in her fullness, inviting us to do the same.
A new barbecue joint is hoping for an opening sizzle despite other restaurants going up in smoke during the pandemic.
Smokecraft Modern Barbecue is planning to open at 1051 N. Highland Street in Clarendon, in the former Citizen Burger Bar space, on Friday, July 31, the restaurant just announced.
Va. to Step Up Restaurant Enforcement — “Recognizing an increase in COVID-19 cases in parts of the state, particularly in the Hampton Roads area, Gov. Ralph Northam is increasing enforcement of the state’s rules around the coronavirus… State licensing agencies will be conducting unannounced visits to establishments, as needed, and the state health department is shifting an additional 100 staff members to its existing team of 500 inspectors.” [InsideNova]
Barrels Fail to Stop Rogue I-395 Driver — Someone stopped their car on a highway, got out, and moved an orange barrel in order to avoid a slight delay while driving from Arlington to D.C. on I-395. [Twitter]
Each week, “Just Reduced” spotlights properties in Arlington County whose price have been cut over the previous week. The market summary is crafted by Arlington Realty, Inc. Maximize your real estate investment with the team by visiting www.arlingtonrealtyinc.com or calling 703-836-6000 today!
Please note: While Arlington Realty, Inc. provides this information for the community, it may not be the listing company of these homes.
After the sudden school closure and the controversial decision not to teach any new material to our kids this spring, Arlington Public Schools have been wrestling with the question of what school will look like this fall.
According to the recent APS surveys, 73 percent of parents are comfortable with sending their children back to school with safety measures in place. Just 9 percent of parents said they were not at all comfortable. Conversely, only 38 percent of teachers want to go back while 39 percent said they were not comfortable going back to school.
Arlington County employees who are currently teleworking will likely continue doing so well into the fall, County Manager Mark Schwartz said in a memo last week.
The internal memo, obtained by ARLnow, announced that the county will continue its current approach to operating during the pandemic — which includes an emphasis on telework for non-front-line workers — through Oct. 1.
