Open Houses in Arlington This Weekend

Looking for a home? There are plenty of houses and condos open for viewing this weekend.

Check out the Arlington Realty website for a full list of homes for sale and open houses in Arlington. Here are a few highlights:

4619 32nd Road N
3 bed/3 bath, 1 half bath single-family home
Agent: Billy Buck
Listed: $1,399,900
Open: Sunday 1-3 p.m.

 

408 N Florida Street
5 bed/3 bath, 1 half bath single-family home
Agent: Kathryn Dwyer
Listed: $955,000
Open: Saturday 1-3 p.m. and Sunday 1-4 p.m.

 

4624 19th Road N
3 bed/2 bath, 1 half bath single-family home
Agent: Renee Fisher
Listed: $835,000
Open: Sunday 1-4 p.m.

 

6555 28th Street N
3 bed/1 bath, 1 half bath single-family home
Agent: Jean Benedett-Matich
Listed: $779,500
Open: Sunday 1-4 p.m.

 

618-B 15th Street S
2 bed/2 bath, 1 half bath condo
Agent: Troy Sponaugle
Listed: $579,000
Open: Sunday 1-4 p.m.

 

1021 S Garfield Street #348
1 bed/1 half bath condo
Agent: David Moya
Listed: $459,900
Open: Sunday 2-4 p.m.

 

5308 8th Road S #110G
1 bed/1 bath condo
Agent: Dalil Ahmed
Listed: $138,900
Open: Saturday 2-4 p.m.

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Morning Notes

Arlington Names New Resident Ombudsman — “Ben Aiken has been named as Arlington’s Resident Ombudsman and Director of Constituent Services in the County Manager’s Office, effective October 8, 2018. Arlington’s Resident Ombudsman is part of the Constituent Services Team helping to ensure Arlington’s government works effectively and maintains a high degree of transparency.” [Arlington County]

Senior Alert for Man Last Seen in Arlington — “The Virginia State Police Department has issued a Senior Alert for 78-year-old James Oliver… Oliver was last seen in Arlington around 3 p.m. Sept. 19, walking near the intersection of North Wakefield [Street] and 24th Street. He was reportedly wearing a blue blazer, silver shirt, pink neck tie and blue jeans.” [WDBJ7]

It is PARK(ing) Day — Today is PARK(ing) Day, ” an annual international event where the public collaborates to temporarily transform metered parking spaces into small parks to elicit a reconsideration of the designation of public space.” There are five PARK(ing) day sites in Arlington: AECOM (2940 Clarendon Blvd), “The Bird Nest” – Communal Space (555 23rd St. S.), Bike Arlington et al (2040 15th St. N.), Solid Waste Bureau (4115 Campbell Ave.), Little Diversified Architectural Consulting (1061 N. Taylor St.). [Arlington County]

Log Cabin For Sale Near Marymount — The log cabin on 26th Street N. near Marymount University is listed for sale. Built in 1836, the home was later a favorite destination for Theodore Roosevelt, who would ride horses and eat ice cream there. [Washington Post]

Video Tour of New ART Buses — The new buses in the Arlington Transit fleet are more comfortable and feature-rich than older models, according to a video tour posted online. The 13 buses will allow ART to add new service. [YouTube]

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Just Listed in Arlington

Just Listed highlights Arlington properties that just came on the market within the past week. This feature is written and sponsored by Team Cathell, “Your Orange Line Specialists.”

The fall real estate market is starting to show some trends already. Sellers are actively listing their homes, with 95 fresh listings this week. But buyers are lagging, ratifying only 65 contracts. This slow pace of buyer activity is showing up nationwide.

The canary in the coal mine is San Francisco, the hottest market in the US. Higher end homes are lingering on the market and price drops have started. It’s the same case with upper end prices in other markets as well. Abundant supply and record prices are causing buyers to pause. Many markets are seeing a shift from seller’s market to buyer’s market.

The low price market is just the opposite. There’s still a shortage of homes and buyers are snatching up what’s available.

The issue is affordability. Prices have hit record highs, while mortgage rates keep creeping up, and only in the last few weeks have workers started to see a small increase in average household income.

Mortgage rates jumped this week to their highest levels in seven years with the predominant rate for 30-yr fixed at 4.875% and some major lenders are at 5%. Next week it’s expected to get worse.

Click to see all the fresh new inventory in MRIS and call Team Cathell (703-975-2500) when you find a home you like.

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Off-Market Source: Sept. 20

Every week the Eli Residential Group scours our network for off-market and pre-market homes to give home buyers and investors access to properties they can’t find anywhere else onlineIf you are interested in a property you see here or have specific needs you cannot find on the market, please reach out to us at [email protected] to talk to a real person, not an automated response system.

If you are a homeowner, investor, builder or agent who would like your off-market or pre-market property featured for a half million local readers on PoPville, ARLnow or Tysons Reporter, please email us at [email protected].

Luxury 2BR Ballston Condo
888 North Quincy Street #1302 Arlington, VA 22203

Description: 2 BR/2 BA corner unit with Washington Monument views in luxury condo building with 24-hr front desk and rooftop pool + gym. Floor to ceiling windows, new hardwood floors, open floor plan and custom closets. One parking and one storage unit.
Price: Low $700’s
(Courtesy of RLAH Real Estate)

Investor Alert: 2-Unit Duplex in Old Town
200 Block of North Patrick St Alexandria, VA 22314

Description: 2 unit property in Parker-Gray Historic District, one-half of a brick-front duplex. The lower unit is 1 bed, 1 bath (currently leased through February 2019) and the upper unit is 2-3 bedrooms, 2 baths and vacant. Deep back yard; no parking. Entry to be updated.
Price: Mid $700’s
(Courtesy of RLAH Real Estate)

To view all of our off-market or pre-market properties, visit the off-market section of our website. We add new properties every week.

The Eli Residential Group is a real estate team with RLAH Real Estate, 2420 Wilson Blvd #101 Arlington VA 22201 (703) 390-9460. Office locations also include Dupont Circle, Georgetown, H Street, and Chevy Chase. Contact the team directly at [email protected].

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Just Reduced Properties in Arlington

Each week, “Just Reduced” spotlights properties in Arlington County whose price have been cut over the previous week. The market summary is crafted by licensed broker Aaron Seekford of Arlington Realty, Inc. GET MORE out of your real estate investment with Aaron and his team by visiting www.arlingtonrealtyinc.com or calling 703-836-6116 today!

Please note: While Aaron Seekford provides this information for the community, he may not be the listing agent of these homes.

Arlington is and always has been my home. And, one of the great things about calling a place home for so long is having a grasp of the local professionals you can trust to get a job done.

For instance, if you’re looking to boost your curb appeal through a wise investment, Affordable Door can hook it up. Give them a shout today by calling 888-997-3667 or visiting www.affordabledoor.com.

And, now on to this week’s numbers…

As of September 17, there are 199 detached homes, 57 townhouses and 252 condos for sale throughout Arlington County. In total, 41 homes experienced a price reduction in the past week.

Here is this week’s selection of Just Reduced properties:

Please note that this is solely a selection of Just Reduced properties available in Arlington County. For a complete list of properties within your target budget and specifications, contact Aaron Seekford.

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Ask Eli: Part 1 of 2 — Amazon HQ2, My Opinions and its Impact on Housing

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: What would the impact of Amazon HQ2 be on housing in the D.C. Metro, Northern Virginia and Arlington?

Answer: Welp, here we go… On the heels of Jeff Bezos’ trip to D.C., where he confirmed an Amazon HQ2 announcement would be made by the end of the year, I figured there’s no better time to get maximum internet clicks on an Amazon article!

In all seriousness, this is a topic I think and talk about almost daily (jealous?) so I wanted to share my thoughts with you, with a focus on ideas you may not have read in other forums or articles (e.g. Bezos buying a house in D.C. is not mentioned beyond this point).

I’m Confident Amazon HQ2 is Coming to Northern VA/D.C. Metro

Criteria: I won’t bore you with a breakdown of Amazon’s RFP criteria, but the Amazon RFP is a quick read and it’s clear this region meets and exceeds their priorities and everything on their list of “Key Preferences and Decision Drivers.” 

Tech’s Shifting Role: It seems that the long-term success of tech giants will depend on their ability to lobby and direct favorable public policy just as much as it will depend on their ability to develop innovative products. I believe that Amazon HQ2 is only the beginning of a massive tech migration to the D.C. region (see recent Facebook and Apple news).

Bezos v Trump: Don’t you think that with every Trump tweet or comment about Bezos/Amazon/WaPo, the decision becomes more and more personal for Bezos? Can you think of a more tempting power-play by Bezos than moving in next door? I have no doubt that Bezos knows where he can put an Amazon building with a direct line-of-sight from the White House.

My Network: Did I mention I talk about Amazon HQ2 almost every day?

That has led me to some interesting conversations with folks in my network including recruiters for Amazon, employees and former employees of Amazon and other tech companies, local corporate relocation insiders, home inspectors and general contractors. Each offering their own industry-specific signs of a decision in favor of our region.

Vegas: There is nobody better at predicting the future than Las Vegas bookmakers so when Bovada.lv, the largest online gambling site in the US, came out with odds heavily favoring Northern Virginia (#1) and Washington, D.C. (#2), I knew the hype wasn’t just local.

Available Office Space: Amazon is projecting a need for 8M square feet of office space to house 50,000 employees. According to John Redeker, a Senior Associate for Cushman & Wakefield, the Rosslyn-Ballston Corridor alone currently has 5,375,000 sq. ft. of available (“available” sounds better than “vacant” right?) office space and Crystal/Pentagon City is sitting on over 2,177,000 sq. ft. of available office space.

Hmmm… sounds a little too perfect, doesn’t it?

Oh, and don’t forget that Tysons has over 1,564,000 sq. ft. of brand-new office space under construction.

By the way, if you’re a business-owner and planning on moving or adding office space in the next year, you may want to reach out to John now while rents are still on the downward trend.

In next week’s Part 2 column, I will detail where I think Amazon should locate its 50,000 employees across 8M square feet of office space and what that will mean for the housing market in the near-term and long-term.

P.S. — Jeff, I’d be happy to assist your employees with their relocation. My cell phone number is 703-539-2529 if you’d like to discuss privately 🙂

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 www.EliResidential.com. Call me directly at (703) 539-2529.

Eli Tucker is a licensed Realtor in Virginia, Washington D.C., and Maryland with Real Living At Home, 2420 Wilson Blvd #101 Arlington, VA 22201, (202) 518-8781.

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Without a Surge in Construction, Planners Warn of a Massive ‘Housing Shortfall’ Across D.C. Region

Arlington and the rest of the D.C. region could face a massive “housing shortfall” in the coming years without a surge in new construction, according to a new analysis by regional planners.

A study presented to the board of the Metropolitan Washington Council of Governments last Wednesday (Sept. 12) suggests that the region needs to add 100,000 more homes than are currently projected to be built between now and 2045.

Otherwise, planners expect the surge in workers moving to the region will drive up housing prices to even higher levels, imperiling the region’s economy and further driving workers out into increasingly distant suburbs.

“The projected gap — or housing ‘ shortfall’ — will only worsen without intervention,” MWCOG researchers wrote. “The region should continue to create and/or preserve housing at a higher rate than has been achieved in the recent past to close the gap and provide adequate housing options to be able to sustain strong regional economic growth.”

The researchers based that warning on population estimates for the region suggesting D.C. and its suburbs will see its employment base of 3.28 million jobs balloon to 4.27 million by 2045 — a forecast that only takes regional trends into consideration and doesn’t specifically account for the arrival of a tech giant like Amazon in the region. By contrast, the planners expect the D.C. metro area to see its housing stock rise by roughly half that amount, going from 2.08 million homes to 2.66 million.

Accordingly, they project that the region will need to add 690,000 new homes, rather than the 575,000 currently projected, in order to have a desirable ratio of workers to homes.

To reach that figure, the analysts expect that the region will need a “sustained housing production of 25,600 units each year” through 2045. The group noted that the region added about 23,500 new homes in 2017, and has persistently upped its housing production each year as the area’s recovered from the Great Recession.

Even still, the researchers note that in the early 2000s, the region was averaging nearly 30,000 new homes built each year, making such a boost feasible.

“Although we are on the right trajectory, it is possible to produce even more,” the analysts wrote.

The researchers urge leaders in Arlington and other localities with access to “high capacity transit stations” to take up such a challenge, particularly by identifying ‘planning and zoning tools and policies to ensure preservation of existing housing and production of new affordably priced units.”

“It is important to note again that this goal of increasing housing production by slightly more than 100,000 units is to ensure a sufficient supply of housing for workers to fill current and anticipated jobs,” the researchers wrote. “Although it will mostly address need from an economic competitiveness and transportation infrastructure standpoint, it will have broad significance for the future of our region and its residents.”

File photo. Chart via Metropolitan Washington Council of Governments

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Open Houses in Arlington This Weekend

Looking for a home? There are plenty of houses and condos open for viewing this weekend.

Check out the Arlington Realty website for a full list of homes for sale and open houses in Arlington. Here are a few highlights:

506 N Norwood Street
4 bed/4 bath single-family home
Agent: David Kranich
Listed: $1,199,000
Open: Sunday 1-4 p.m.

 

2702 N Lee Highway 3B
2 bed/2 bath, 1 half bath condo
Agent: Warren Kluth
Listed: $810,000
Open: Sunday 2-4 p.m.

 

5860 14th Street N
2 bed/1 bath, 1 half bath single-family home
Agent: Conor Sullivan
Listed: $619,900
Open: Sunday 1-4 p.m.

 

5310 12th Street S
4 bed/2 bath single-family home
Agent: Alex Ordonez
Listed: $585,000
Open: Sunday 1-4 p.m.

 

1805 S Crystal Drive #618S
2 bed/2 bath condo
Agent: Betty Best
Listed: $458,900
Open: Saturday 12-3 p.m.

 

1201 S Barton Street
2 bed/1 bath condo
Agent: Maryann Burstein
Listed: $384,000
Open: Sunday 2-4 p.m.

 

4343 N Lee Highway #706
1 bed/1 bath condo
Agent: Elizabeth Twigg
Listed: $235,000
Open: Sunday 2-4 p.m.

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Just Listed in Arlington

Just Listed highlights Arlington properties that just came on the market within the past week. This feature is written and sponsored by Team Cathell, “Your Orange Line Specialists.”

Sellers stepped up big time this week, but home buyers retreated. Some 96 home owners put their properties on the market this week signaling the fall market is here. But only 55 buyers ratified contracts, most of those condos. An amazing 24 of those homes sold within seven days. That pace dropped the average days on market to just 29.

Mortgage rates remained steady this week with no real change, hovering at 4.65% – 4.75% for a 30-yr fixed rate.

Glossary Term: Earnest Money Deposit. A deposit which a buyer puts at risk when they submit an offer to show good faith and intent to complete the transaction. After all conditions in the contract have been satisfied, like a home inspection, the buyer can forfeit the deposit if they fail to close for any reason.

The deposit is usually held by the buyer’s brokerage or the title company. The deposit goes toward the buyers down payment and closing costs at settlement.

Click to see all the fresh new inventory in MRIS and call Team Cathell (703-975-2500) when you find a home you like.

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Off-Market Source: Sept. 13

Every week the Eli Residential Group scours our network for off-market and pre-market homes to give home buyers and investors access to properties they can’t find anywhere else onlineIf you are interested in a property you see here or have specific needs you cannot find on the market, please reach out to us at [email protected] to talk to a real person, not an automated response system.

If you are a homeowner, investor, builder or agent who would like your off-market or pre-market property featured for a half million local readers on PoPville, ARLnow or Tysons Reporter, please email us at [email protected].

New Construction in North Arlington
2021 North Emerson Street, Arlington, VA 22207

Description: New construction in North Arlington with an expected delivery of mid-October 2018. 5 bedrooms and 4.5 baths with 4,350 sq. ft. of finished living space on 3 levels. Open concept living on 1st floor with high end finishes throughout. Glebe-Williamsburg-Yorktown school pyramid. Available to be shown prior to completion.
Price: $1,349,900

Charming Home in Alexandria
3106 Old Dominion Boulevard Alexandria, VA 22305

Description: This 4 bed/3.5 bath house is move-in ready with 2575 sq. ft. of above-ground living. Open-concept kitchen opens to great room and is flooded with natural light. Fenced-in backyard for entertaining & gardening. Two wood burning fireplaces. Unfinished basement/cellar area dedicates ample space for storage.
Price: $889,900

For access to more off-market and pre-market properties in Northern VA and Washington DC, visit our website — new properties added weekly!

Today’s off-market properties are courtesy of RE/MAX and TTR Sotheby’s International Realty.

The Eli Residential Group is a real estate team with RLAH Real Estate, 2420 Wilson Blvd #101 Arlington VA 22201 (703) 390-9460. Office locations also include Dupont Circle, Georgetown, H Street, and Chevy Chase. Contact the team directly at [email protected].

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Listing of the Day: 3106 N. Glebe Road

Address: 3106 N. Glebe Road
Neighborhood: Country Club Park
Listed: $1,425,000

You’ll love this meticulously designed craftsman style home.

Located across from Washington Golf and Country Club, this home has 6 bedrooms, 5.5 bathrooms on 3 levels with almost 5,000 square feet of living space.

The beautiful custom kitchen includes expansive Carrera marble countertops, one of a kind walnut live edge bar top, built-in banquette, 48″ Wolf Range and double outswing French doors leading to an outdoor sanctuary.

Custom touches throughout this exquisite home include extra wide plank white oak hardwood floors, large pantry with 166-bottle wine fridge, barn doors, reclaimed beam mantels over wood burning fireplaces and master suite with spa worthy bath.

Formal living room and formal dining room along with first floor bedroom with en suite bath on the mail level. The second floor offers four bedrooms with upper level living room. There is also a private entrance on the lower level with bedroom, full bath, and bar area.

Built-in speakers are located in the kitchen, dining room, master bedroom/bathroom and theatre room. The exterior of the home features a paver patio, fire pit, flat and fully fenced yard and a two car garage.

Extensive privacy landscaping, an exterior security camera system, automated sprinkler systems and landscape lighting complete the front and back yards.

Listed by:
Billy Buck
Buck and Associates
703-524-9000
[email protected]
https://www.billybuck.com/

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Don’t Miss Your Only Chance to Own at The Yards

At The Bower, you’ll never run out of things to do and explore. Eclectic dining, live music, nights at the ball game, vibrant community events — it’s all here at The Yards, waiting to welcome you home.

Dine at local hot spots including Chloe, District Winery and Osteria Morini. Shop local favorites from Steadfast Supply to Willow and stock up on the essentials at Harris Teeter located just one block away from The Bower.

With a buzzing nightlife, a humming social scene, outdoor concerts, the riverfront and more — it’s a city within a city, a world within a world and, for those buying a condo in D.C., it’s the place to find everything you need.

The Bower offers a variety of layouts to suit your lifestyle, including spacious two-bedrooms as well as studios to penthouses. These thoughtfully designed condos feature 9′ ceilings, wide-plank hardwood floors, floor-to-ceiling glass, Bosch electric appliances and Italian cabinetry.

The Bower includes inviting community spaces from a rooftop residents’ lounge and terrace with wet bar and wine storage to a fitness studio. With the ideal mix of energy, convenience and style, The Bower is the perfect transition from the energy of The Yards to the peace of home.

With over 50% of residences sold at The Bower. Now is your opportunity to call The Yards home. To learn more visit thebowerdc.com or call 202-869-5233 Sales by PN Hoffman Realty.

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Just Reduced Properties in Arlington

Each week, “Just Reduced” spotlights properties in Arlington County whose price have been cut over the previous week. The market summary is crafted by licensed broker Aaron Seekford of Arlington Realty, Inc. GET MORE out of your real estate investment with Aaron and his team by visiting www.arlingtonrealtyinc.com or calling 703-836-6116 today!

Please note: While Aaron Seekford provides this information for the community, he may not be the listing agent of these homes.

Woof! Woof! Woof! Woof!

Translation: Arlington is the number one dog-friendly city in the U.S. according to Yelp. In a recent scoring of localities throughout the country, Arlington came in at numero uno for its dog parks and number of dog-friendly establishments, among other criteria.

So, Fido has plenty of places to play and relax here. But, before you decide to call Arlington County home, where will you and Fido live? Dog-friendly communities and residences can be tough to find. But, being the animal lovers that we are, we are loaded with recommendations and can help you find the perfect spot.

When you (and your furry friend) are ready to GET MORE out of your transaction, we’re ready to roll. And, don’t worry. We don’t bite or bark.

As of September 10, there are 201 detached homes, 52 townhouses and 253 condos for sale throughout Arlington County. In total, 49 homes experienced a price reduction in the past week.

Here is this week’s selection of Just Reduced properties:

Please note that this is solely a selection of Just Reduced properties available in Arlington County. For a complete list of properties within your target budget and specifications, contact Aaron Seekford.

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Open Houses in Arlington This Weekend

Looking for a home? There are plenty of houses and condos open for viewing this weekend.

Check out the Arlington Realty website for a full list of homes for sale and open houses in Arlington. Here are a few highlights:

2522 N Upland Street
8 bed/6 bath, 2 half bath single-family home
Agent: Ruth Boyer O’dea
Listed: $2,425,000
Open: Sunday 2-4 p.m.

 

631 29th Street S
5 bed/4 bath, 1 half bath single-family home
Agent: Claudia Kern
Listed: $1,049,900
Open: Sunday 2-4 p.m.

 

5250 26th Street N
4 bed/3 bath single-family home
Agent: Christine Rich
Listed: $935,000
Open: Sunday 1-4 p.m.

 

6029 19th Road N
3 bed/1 bath, 1 half bath single-family home
Agent: Jane Morrison
Listed: $715,000
Open: Saturday 1-3 p.m. and Sunday 2-4 p.m.

 

3409 N Wilson Boulevard #309
2 bed/2 bath condo
Agent: Sheena Saydam
Listed: $649,900
Open: Sunday 2-4 p.m.

 

907 S Scott Street
3 bed/2 bath condo
Agent: Dawn Wilson
Listed: $499,900
Open: Saturday and Sunday 2-4 p.m.

 

4500 S Four Mile Run Drive #412
2 bed/2 bath condo
Agent: Daniel Lesniak
Listed: $327,900
Open: Sunday 2-4 p.m.

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Just Listed in Arlington

Just Listed highlights Arlington properties that just came on the market within the past week. This feature is written and sponsored by Team Cathell, “Your Orange Line Specialists.”

Home buyers were sleeping this week, but sellers were eager to get started in the fresh fall season.

Only 33 buyers ratified contracts this week. They were probably exhausted after partying over Labor Day weekend and then dragging themselves back to a short work week. But sellers seemed excited to get on the market with 67 new listings.

As the fall season begins, watch for the frequency of multiple contracts on fresh listings. That may be the earliest sign of the market’s temperature, whether cooling down or heating up. There is some concern that price increases may be hitting a ceiling as the average household income in Arlington has matched the affordability for the average home price.

So until incomes start to rise, we may not see much movement on prices. The average household income in Arlington has barely moved in the last five years.

Glossary Term: Setbacks.

Setbacks pertain to county building codes and are the distances allowed for a structure to be from the property lines.

In Arlington, they must be no closer than 25 feet in back and in front to the property lines. On the sides, neither side can be less than eight feet, and total for both sides cannot be less than 18 feet. So typically 10 + 8. Detached garages can be within 1 foot of back and side property line, and minimum 8 feet from any structural part of the house.

Click to see all the fresh new inventory in MRIS and call Team Cathell (703-975-2500) when you find a home you like.

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