Old Town Alexandria Real Estate and Homes For Sale
540 West Street in Alexandria VA 22314
Colecroft Townhome | Walk To Braddock Road Metro
$549,900

• Four levels
• Three bedrooms
• Two full baths
• Fenced in back yard
• Updated kitchen with stainless steel appliances
• Maple cabinets
• Granite countertops
• Gleaming hardwood floors
• New bathroom fixtures and vanities
• Five short blocks to King Street

Del Ray | Rosemont Alexandria VA Homes For Sale
100 W. Braddock Road

This exceptional renovation and expansion of a classic bungalow sits comfortably on an oversized, beautifully landscaped yard within walking distance to the Braddock Road and King Street metro stations.

Special features gracing the interior include:

• Crown molding on main level with recessed lighting in the living room and family room
• Oak hardwood floor on the main level, warm pine wood flooring in the master bedroom
• Cherry parquet flooring in the kitchen with coordinated cabinetry and wood trim
• Gas cooking, under cabinet lighting, ceramic tile countertops and backsplash, picture window at table space
• 200 year old antique swinging door from kitchen to dining room with etched panel
• Early 19th century staned glass window, and brass 12-light chandelier in dining room
• Gas fireplace in living room (parlor)
• Tiled main level full bath with linen storage
• Well proportioned master suite on upper level with sitting area, skylights, double walk-in closets, ceramic tiled full bath, double-sink vanity, and sulated attic storage.

Features detailing the exterior include:

• Exterior lighting in rear
• Wrap deck/porch accented by wysteria covered pergola
• Sunken pool with warming feature
• Landscape elements include: Japanese red maple, hostas, Dragonlady holly, Fosterholly, artemesia, Chesapeak holly, dogwood, Yoshimo cherry, silver maple, day lillies, and much more

For more information about Alexandria VA real estate or to speak with a top Alexandria VA real estate agent, please contact Tamara Inzunza of McEnearney Associates, Inc. or browse the Alexandria VA MLS to see all homes for sale.

As the 2008 calendar year comes to a close, I’m sure you’ve seen many commercials on TV, heard announcements on the radio, received coupons for special shopping times in the mail, and even your favorite stores have probably emailed you about exclusive deals ‘for a limited time only’.

The same holds true with real estate and homes for sale in Old Town and Del Ray in Alexandria VA.  December has always been a good time to buy a home because you can still take advantage of earning a few extra tax deductions through a home purchase. 

Last week, the government and mortgage industry made news by announcing lower interest rates.  But, while the low interest rates are ‘for a limited time only’, the higher amount that you can borrow for a mortgage loan is also ‘for a limited time only’. 

Starting January 1, 2009, the FHA loan limits will decrease from $729,750 to $625,500 for home purchases in Old Town Alexandria VA.  Although the U.S. Housing and Urban Development office made this announcement last month, coupled with insatiably low interest rates, homebuyers who are on the fence have a unique opportunity to pick from a larger inventory of homes, negotiate favorable terms, and borrow money at a long-term fixed rate for less than 6%.

Here’s my pick for this week’s HOT LIST of homes for sale in Del Ray and Old Town Alexandria VA that you may be able to buy before the end of 2008.

In my opinion, now is still the time to buy the cheapest house in the best neighborhood. Condos, townhomes, and single-family detached homes in the Old Town Alexandria VA zip code of 22314, and Del Ray homes in zip codes 22301 and 22305 are highly sought after because of location, proximity to metro, walkscore. 

First time buyers in the market for Old Town Alexandria real estate can choose from a variety of condos for sale. Move up buyers who want resort-style living and amenities can also take advantage of the Old Town Alexandria condo market.  Those wanting to stay close-in will undoubtedly have the 22314 zip code on their radar.

Commuter conveniences such as the Braddock Road and King Street metro stations, nearby Reagan National Airport, and the free King Street Trolley make it easier for car-less buyers to get around and enjoy an active lifestyle.

In the month of October, 29 condos in Old Town Alexandria were listed for sale, and 17 were sold.  In September, 17 condo units were listed for sale and 20 units were sold.  Those listed ranged in price from $190,000 to $2,795,000.  The lowest priced condo home is in the Harbor Terrace community, and the highest priced condo for sale is in the Liberty Row community.

Here’s a look at the overall Old Town Alexandria real estate market from September 2008 to October 2008 to include all property types:

Old Town home sellers are negotiating which is clearly a good sign for buyers.  Right now, condo homes are making up a big portion of the overall home sales in Old Town.

Free Resources: Find Out What Your Old Town Alexandria Home Is Worth

Free MLS Search: Browse The MLS and Search For Old Town Alexandria Condos and Homes For Sale