This regularly-scheduled sponsored Q&A column is written by Adam Gallegos of Arlington-based real estate firm Arbour Realty, voted one of Arlington Magazine’s Best Realtors of 2013 & 2014. Please submit your questions via email.
Q. We just bought our first house and are feeling a little house poor, but we are eager to make some worthwhile improvements. Can you recommend some relatively inexpensive improvements that will provide return on investment at some point?
This regularly-scheduled sponsored Q&A column is written by Adam Gallegos of Arlington-based real estate firm Arbour Realty, voted one of Arlington Magazine’s Best Realtors of 2013 & 2014. Please submit your questions via email.
Q. My husband and I are soon going to be in the market for a single family home in Arlington, and we were wondering if you can advise on the pros and cons of buying a flip versus buying a smaller, cheaper home and commissioning the renovations ourselves. I imagine there are differences between the risk you take on, the financing options, as well as the equity you end up with when all is said and done. Can you walk through those and any other considerations?
This regularly-scheduled sponsored Q&A column is written by Adam Gallegos of Arlington-based real estate firm Arbour Realty, voted one of Arlington Magazine’s Best Realtors of 2013 & 2014. Please submit your questions via email.
Q. Our house in 22207 would be considered a teardown. We may move in a year or so when my husband retires. Our question is: would it be better to do some remodeling and then rent it out for a few years to benefit from possible future appreciation, or better to take advantage of the current developer demand and sell? Of course it will depend on specific details of the house, the neighborhood, and other family considerations, but do you have a general suggestion?
This regularly-scheduled sponsored Q&A column is written by Adam Gallegos of Arlington-based real estate firm Arbour Realty, voted one of Arlington Magazine’s Best Realtors of 2013 & 2014. Please submit your questions via email.
Q. I have to admit that my question is more based on curiosity than desire to sell or purchase anytime soon. Can you tell me if the luxury housing market is on the incline or decline in North Arlington?
This regularly-scheduled sponsored Q&A column is written by Adam Gallegos of Arlington-based real estate firm Arbour Realty, voted one of Arlington Magazine’s Best Realtors of 2013 & 2014. Please submit your questions via email.
Q. We’re preparing to buy a house and are doing some preliminary research. One thing I came across is the idea of radon testing. This is something I have not heard of before and am wondering if you can help me understand how it relates to buying a home?
This regularly-scheduled sponsored Q&A column is written by Adam Gallegos of Arlington-based real estate firm Arbour Realty, voted one of Arlington Magazine’s Best Realtors of 2013 & 2014. Please submit your questions via email.
Q. Despite positive reports about the local real estate market, I would like to find out how my neighborhood and zip code are selling. I’ve heard that finding out the rate of sales compared to the amount of inventory is a valuable analysis. Can you tell me where this information is located on the internet?
This regularly-scheduled sponsored Q&A column is written by Adam Gallegos of Arlington-based real estate firm Arbour Realty, voted one of Arlington Magazine’s Best Realtors of 2013 & 2014. Please submit your questions via email.
A. That’s one of the nice things about Arlington… we have the best views of D.C. Below is a list of the condos and townhomes I would put at the top of my list when it comes to view. I highly recommend experiencing the view in person to make sure it meets your standards as they vary significantly. You may also want to visit in the evening as some evening views can be quite spectacular. After all, you need to make sure it is worth the premium you are going to be paying.
This regularly-scheduled sponsored Q&A column is written by Adam Gallegos of Arlington-based real estate firm Arbour Realty, voted one of Arlington Magazine’s Best Realtors of 2013 & 2014. Please submit your questions via email.
Q. I own a condo unit (Falls Station in Arlington), not far from the East Falls Church Metro. Condo values in Arlington have risen from their low point, but they certainly haven’t rebounded. With the completion of the Tysons-Reston phase of the new Silver Line metro, and work continuing on to Washington Dulles Airport, could we see a corresponding increase in condo values in the EFC area?
This regularly-scheduled sponsored Q&A column is written by Adam Gallegos of Arlington-based real estate firm Arbour Realty, voted one of Arlington Magazine’s Best Realtors of 2013 & 2014. Please submit your questions via email.
Q. I own a two-bedroom, two-bathroom condo in Clarendon that I rent out. The unit only has a single parking space. Does it make sense to purchase a second parking space if I find one for sale?
This regularly-scheduled sponsored Q&A column is written by Adam Gallegos of Arlington-based real estate firm Arbour Realty, voted one of Arlington Magazine’s Best Realtors of 2013 & 2014. Please submit your questions via email.
Q. We own a 1,000 sq. ft., 2 bedroom, 1 bath townhouse in 22204. We’re planning to remodel the small bathroom later this year and as part of the remodel we’ll need to remove or replace the bathtub because of rust and a poorly done refinish (by the previous owner). We are not bathers — at all — and I would like to have a nice walk-in shower rather than a bathtub. Please correct me if I’m mistaken but I suspect that the tub/shower debate is purely subjective and either choice will attract and/or deter certain buyers. My primary concern is how will removing the tub impact property value?
This regularly-scheduled sponsored Q&A column is written by Adam Gallegos of Arlington-based real estate firm Arbour Realty, voted one of Arlington Magazine’s Best Realtors of 2013 & 2014. Please submit your questions via email.
Q. I own a townhouse on Columbia Pike in Arlington Village. Let’s say it’s worth $290K right now, and the streetcar is completed in 2022. Considering general market increase, and a boost from having a streetcar, what can I expect it to be worth in 2022?
