The Tiers and Tiers II Condos In
Manchester Lakes Alexandria VA 22310

Tiers I Condos at Manchester Lakes

The Tiers and Tiers II condos of Manchester Lakes are perfect for residents who want a unique floor plan along with a loft and garage.  The Tiers condominiums include three different floor plans:

• the main level Solarium model, two bedrooms and one bath, patio
• the mid-level Chalet model, two bedrooms and two full baths, balcony, loft, and 1-car garage
• the top-level Retreat model, two bedrooms, two full baths, balcony, spiral staircase to loft, and 1-car garage

Both Tiers I and Tiers II communities have a pond and residents enjoy all of the Manchester Lakes amenities.  And all home types include a wood-burning fireplace, and washer and dryer (or hookup).

Tiers I is adjacent to the condos of Essex House, and residents have the benefit of Fairfax County Public Schools, including Franconia Elementary, Mark Twain Middle, and Thomas Edison High School.

The Tiers I and Tiers II communities are pedestrian- and pet-friendly, and the courtyard areas also have grills.  Both are also walking distance to the restaurants and shops of Kingstowne.

Tiers II Condos

Other Tours of Manchester Lakes Condos in Alexandria VA

• Essex House Condominiums Tour

Selling in The Tiers at Manchester Lakes: List Your Tiers I or Tiers II Condo

Buying in The Tiers at Manchester Lakes: Tiers Condos For Sale

Manchester Lakes On The Map

Old Town Alexandria VA Open Houses
 Harbor Terrace Condo At 521 Bashford Lane Unit 6
 Open House 1-4, Sunday February 21, 2010
 

 Come and see this affordably priced and conveniently located home in Harbor Terrace Condos at 521 Bashford Lane Unit 6 in Old Town Alexandria VA 22314.  Features include:

• Loft unit with wood-burning fireplace
• Vaulted ceilings
• Updated bathroom with pedestal sink
• Updated appliances
• Updated light fixtures throughout
• Customized closets by Closets By Design
• Two parking permits for open community parking for residents,  plus off-street parking
• Additional storage closet
• Washer and dryer in unit
• Berber carpet

The Harbor Terrace condominium community is conveniently located at the north end of the northeast quadrant of Old Town Alexandria.  It is less than five minutes from Reagan National Airport, one traffic light from Washington DC, and Old Town conveniences include walking and bike trails, grocery, dining, and a short walk to the Potomac River waterfront.

Don’t Miss: Harbor Terrace Photo Tour

Must See: Guide To Alexandria Condos

Must See: All Condos For Sale In Harbor Terrace

Essex House Condos Tour In Manchester Lakes Alexandria VA
Two Bedroom Condos, Upper Floor With Loft

Part of the Manchester Lakes planned community in Alexandria VA (22310), Essex House condominiums offer comfort, convenience, and a walkable community that’s close to shops and restaurants.

Just under 10 minutes from the beltway (I-495), Essex House residents benefit from the Fairfax Connector bus service that goes directly to the Franconia-Springfield metro (end of the blue line) and being just two red lights to the I-95 HOV lanes. 

Highly acclaimed Fairfax County Public Schools nearby include Franconia Elementary, Mark Twain Middle School, and sought-after Thomas Edison High School.

In addition to enjoying the amenities of Manchester Lakes, Essex House residents can take advantage of recreational activities at the nearby Lee District Recreation Center, Greendale Golf Course, Hilltop Golf Club, and the family-friendly Top Golf in Kingstowne.

 The spacious floor plans in Essex House condos offer two model types.  The Coventry and the Gentry models are both two bedrooms and square footage ranges from 981 (without the upper level loft) to 1301 (with the upper level loft).  The lower level units have an enclosed patio, and the upper level units have private balconies.  Upper level units with lofts are highly desired, as the spiral staircase access to the loft is very contemporary, and the added square footage of the loft is perfect for storage, a home office, or recreational den.  All homes have a wood-burning fireplace and washer/dryer (hookup).

Selling In Essex House: List Your Essex House Condo For Sale

Buying In Essex House: Essex House Condos For Sale

Manchester Lakes Real Estate Sales Update For January 2010

How did the condos and townhomes for sale in Manchester Lakes (Alexandria 22310) compare in January 2010?  Take a look at you’ll notice that the high number that stands out is the current number of active condos for sale. Home sellers in the Tiers, Tiers II, Surrey, Essex House, and Victoria Crossings are likely competing with the neighboring Kingstowne condos for sale (see Kingstowne stats for January 2010).

The community of Manchester Lakes continues to draw first time home buyers with the affordable condos.  The townhomes in Manchester Lakes rarely come on the market, but when they do, they are usually sold pretty quickly.  Last month, one townhome went under contract.  I’ll be keeping a close eye on the Manchester Lakes condo activity over the next couple of weeks.  Condo home sellers should be sure that when they check the competition that their listing agent not only stays on top of the immediate 22310 condo inventory, but also the adjacent 22315 condo inventory. 

See Also: Kingstowne Real Estate Market Update for January 2010

Kingstowne VA Real Estate For Sale And Market Statistics For January 2010
Townhomes For Sale Saw The Most Activity | More Condos Hit The Market

How did the real estate market in Kingstowne (Alexandria 22315) do last month?  The numbers are enlightening, especially for the townhomes.   The number of townhomes for sale that went under contract was up from 6 units last month to 13, and as you can see, the bulk of that inventory that was absorbed by ready buyers that were in the $400,000 – $499,999 price range.

While the real estate market for condos for sale in Kingstowne VA also witnessed a slight increase in units sold, up one unit from 5 last month to 6, there were also more Kingstowne condos for sale that entered the market.  Condo home sellers in Eton Square, Chancery, Stratford Place had stiff competition as the units that sold were split evenly between the $200k price range and the $300k price range.

Detached homes for sale in Kingstowne VA remained calm with 5 homes actively for sale, and only one that went under contract.

The Kingstowne VA real estate market seems pretty balanced,and as I’ve been saying in my previous posts, I think the traditional spring market is here and now.  If the tax credit is not extended again, I believe that many buyers may lose their motivation to buy and exit the market.

See Also: Kingstowne Market Stats for December 2009

See Also: Kingstowne Real Estate Video Tour

See Also: Sold in Kingstowne – 6974A Ellingham Circle in Eton Square

See Also: Sold in Kingstowne – 6431 Castlefin Way in the North Village

Del Ray Alexandria VA (22301 and 22305) Market Stats And Real Estate Update For December 2009 |
Lots Of Detached Home Inventory

What’s the real estate market like in Del Ray right now?  According to the numbers, the townhome sales are pretty stable, but if I’m a condo howmowner or a detached homeowner, I’m probably biting my nails.  With the extended homebuyer tax credit, you’d probably expect more activity with the Del Ray condos for sale, but based on MRIS data, no condos have gone under contract in the past 30 days (contract date of 12/09/2009 or later).

And with 10 townhomes going under contract, it makes you wonder where the Del Ray townhome sellers are going?  Are they relocating out of the area (Northern Virginia), or just out of the zip code?  Ten townhomes went under contract, all priced below $600,000, but if you look at the detached activity, it’s reasonable to guess that these homeowners didn’t buy up and stay in Del Ray.  Sixteen detached homes for sale in Del Ray and they’re all either under $900,000 or over $1Million in asking price.

If the townhome sellers are moving up and staying in the area, perhaps they are moving out to the Greater Mount Vernon area, in the Fairfax County Alexandria zipcodes of 22306, 22307, 22308, and 22309 for a detached home with more of a suburban lifestyle.

Old Town (Alexandria) 22314 Real Estate Market Stats For December 2009 |
Upper Bracket Homes Need Buyers & Detached Homes Slow Moving

Old Town Alexandria Market Snapshot As Of 1/7/10

What’s moving and shaking in the real estate market in Old Town Alexandria?  Well, from the looks of things, it’s condos and townhomes priced under $600,000.  In the Old Town Alexandria condo market, 14 out of the 17 condos that went under contract were under $600,000.  For the townhomes, 5 out of the 8 homes that went under contract were under $600,000.  But what does this mean for detached homes for sale in Old Town, and the luxuy homes priced over $700,000?  If I’m buying luxury, then I’ll want to see them all…in every price range and render a decision on what makes each home unique.  Is it the age, the proximity to the Potomac River, is it the quadrant?

What about short sales and foreclosures in Old Town Alexandria?  They’re out there, but in very small numbers.  As of January 7, 2010, there were 4 bank owned foreclosures for sale, and 2 short sales actively for sale.  In the past 30 days, one Old Town Alexandria short sale has gone under contract.

Old Town Alexandria home owners looking to list their home for under $600,000 should still venture out and take a look at the competition.  While there is a greater chance that you’ll get your home sold in this price point, when there’s more to choose from, buyers will be very selective and will tend to make ‘value-based’ decisions vs. ‘demand-based’ decisions.  That means, you will have to stand out in terms of presentation (staging), move-in readiness, and price to entice a buyer to choose your home over the 53 other condos, or 26 other townhomes currently for sale.

Manchester Lakes Photos and Scenery:
Still Waiting For That 35 Degree High

Well, hell hasn’t frozen over, but some of the ponds at Manchester Lakes have.  Check out the geese walking on the pond.  Do you think they’re ready for a swim or what?  Maybe they’re just hanging around and waiting for Happy Hour …it’s 5 o’clock somewhere right?

Kingstowne (Alexandria) VA Real Estate Market Stats December 2009 |
 A Balanced Market For Condos And Townhomes

So, how’s the real estate market in Kingstowne you ask?  Take a look and you’ll see that things look pretty balanced when it comes to condos for sale, and townhomes for sale.  In the past 30 days, five condos have gone under contract, and five units are still on the market.  Evenly distributed in price, three units available in the $200k price range and the same number of units sold.  Likewise in the $300k price range, two units available, and two units sold. 

The townhome price range that saw the most number of units under contract was the $400k range.  The single-family homes for sale in Kingstowne look pretty stagnant based on the previous month’s activity.  Only one detached home sold, and that was a new construction home in the North Village built by Richmond American. 

What about distressed homes in Kingstowne?  Are there currently any short sales for sale in Kingstowne?  Surprisingly NO!  However, there are two bank owned foreclosures currently for sale in Kingstowne.  Also, two short sales in Kingstowne have gone under contract in the past 30 days, and one foreclosure has gone under contract in the past 30 days. For a neighborhood of 5300 homes, that’s a record low number of distressed sales which is positive sign for the stability of the subdivision.

If you’re a condo or townhome owner in Kingstowne, it looks like now is a great time to sell!  If you’re looking to buy a single-family home in Kingstowne, it looks like now is a great time to negotiate!