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Lake Ridge Detached Garage Home Real Estate Sales Report As Of March 9, 2011

By
Real Estate Agent with RE/MAX Executives
Lake Ridge Sign by Karen Kruschka



About Lake Ridge, Woodbridge VA

Lake Ridge is one of the ten largest subdivisions in the United States.
- 38,000 residents
- 7,000 + residences
- 4,400 acres
- 1,200 acres of it are treed common ground
- located on the 2,100 acre Occoquan Reservoir




Lake Ridge
Woodbridge
Detached Garage Home Market Report
Homes Sold & Settled
Year To Date 2011 Vs. Total Year 2010
2010
2011
+/-%
Number of Homes
78
6
NA
Average List Price
$384,807
$396,973
+3%
Average Sales Price
$377,619
$390,500
+3%
Seller Contibution
-$5,805
-$5,133
-12%
Net Sales Price
$371,814
$385,367
+4%
Days on Market
36
89
+53
As of 3/9/2011

The information above is a community average provided by MRIS® and should not be considered an indication of your homes' value. Contact me at 703-499-9279 for a free Comparative Market Analysis to determine the potential market value of your property.



COMMUTING

  • Express bus service to the Pentagon and Washington, DC is available within Lake Ridge and at the entrance to Lake Ridge in the VDOT Commuter Lot
  • Carpools usually meet at the VDOT Commuter Lot at the entrance to Lake Ridge - see Omnimatch for more specific details
  • Slugging (some erroneously call it hitching a ride which it is) is a result of the need to use HOV lanes on the I-95 as much as possible. Commuters form a line at a designated Slug Line Stop in Lake Ridge - the VDOT Commuter at the Lake Ridge entrance. For example, a driver will pull up headed for the Pentagon, but needs one more passenger to qualify for HOV-3. The first person in line going to the Pentagon will join the others in the car and away they go. It's free commuting for the slugger and gives the driver availability to HOV lanes on I-95 - win win!!
  • Train The Virginia Railway Express Woodbridge Station with rail service to Springfield, Crystal City and Union Station in Washington, DC is approximately a 20 minute drive from Lake Ridge in the morning rush hour.
  • At Springfield you can switch to Metrorail that gives you access to the entire National Capital Area subway system.
  • Local buses run regulary throughout the Greater Woodbridge area as well as other areas of Prince William County. Lake Ridge is one of the communities served by Omnilink
  • MCB Quantico is less than 30 minutes by car
  • Fort Belvoir is approximately 30 minutes by car
  • Prince William County Commuting VIDEO

SCHOOLS

One of the popular features about Lake Ridge is that all schools attended by Lake Ridge children are in Lake Ridge. No elementary school is more than 5 or 6 minutes from the student's home


LIBRARIES

SHOPPING

  • Tacketts Mill located at the entrance to Lake Ridge was the first of the three centers. In addition to the normal complement of retail stores it includes commercial office space. It's here you'll find McDonald's, Dunkin' Donuts and Baskin Robbins
  • Lake Ridge Commons at Old Bridge Road and Hedges Run Drive is about midway through Lake Ridge. It has our one and only Starbucks
  • Festival at Old Bridge is also on Old Bridge Road near the western end of Lake Ridge at Smoketown Road. It has the Lake Ridge US Post Office Annex

RECREATION

  • Lake Ridge Park and Marina with boat launch to the Occoquan Reservoir, 9-hole golf course, miniature golf and picnic facilities is in Lake Ridge
  • Chinn Aquatics and Fitness Center with year round pool, exercise facilities, racquetball courts and meeting room is approximately 10 minutes
  • Leesylvania State Park with boat launch to the Potomac, picnic facilities and educational programs is approximately 30 minutes
  • Prince William Forest Park with 37 mikes of hiking trails, 21 miles of bicycle accessible roads, cabin and tent camping is approximately 30 minutes
  • There is a bicycle and jogging path along the Prince William Parkway
  • Occoquan Regional Park with boat launch to the Occoquan River, summer boat storage, ball fields and picnic areas is approximately 15 minutes
  • Old Hickory Golf Club is approximately 10 minutes
Other Prince William County moderately priced communities to consider include Westridge, Old Bridge Estates , Brittany, Montclair, Ashland, Port Potomac and Potomac Club

++++++++++++++++++++++++++++++++++++++++++++++++

My Team has 34 years experience in Woodbridge, Dumfries, Manassas, Bristow, Gainesville, Haymarket Prince William County

Experience Isn’t Expensive – It’s PRICELESS

If you plan to buy or sell a Lake Ridge or other Prince William County home or property contact Karen and Art by Email or call us at 703-499-9279. Put our record of customer service, real estate experience and state-of-the-art technology to work for you in Alexandria, Arlington County, Fairfax County, Prince William County, Stafford County or the entire Northern Virginia Area.

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Comments (14)

Sharon Alters
Coldwell Banker Vanguard Realty - 904-673-2308 - Fleming Island, FL
Realtor - Homes for Sale Fleming Island FL

Karen, with 38,000 residents, Lake Ridge is larger than many towns in America! As always, a sterling hyper local post :)

Mar 09, 2011 02:52 PM
Kay Van Kampen
RE/MAX Broker, RE/MAX - Springfield, MO
Realtor®, Springfield Mo Real Estate

Karen, there is so much information on this subdivision.   Wonderful and informative.

Mar 09, 2011 03:29 PM
William Johnson
Retired - La Jolla, CA
Retired

Hi Karen,

Looks like all the number averages  are finally up ( all good except days on market) in Lake Ridge.

Mar 09, 2011 04:22 PM
Gail C. Harris
Resource Network, LLC SFR, AHWD, ACRE, SMAR Board Director - Chesapeake Beach, MD
Reach the BEACH with Gail C. Harris (cell: 703.868

This Youtube video was great.  Gives me an idea for here at the beach.  Thank you  I do miss Lake Ridge.  :)

Mar 09, 2011 09:10 PM
Rob Thomas
Prestige Homes of The Tri Cities, Inc. CALL....423-341-6954 - Bristol, TN
Bristol TN-VA & Tri Cities Agent, ABR, GRI, e-Pro

Karen.....Really nice market report....I like the links also....I'm going to use some of your ideas.....Thanks!
Hope you have a great day!---Rob

Mar 09, 2011 10:48 PM
Betsy Schuman Dodek
Washington Fine Properties - Washington DC Area Real Estate - Potomac, MD
SearchPotomacHomes.com

Karen,

You have given your readers great information about Lake Ridge in a very organized and easy to read format.

Betsy

Mar 09, 2011 11:11 PM
Patrick White
Home Driven Realty, Inc - Baldwin, NY
Driven to bring New Yorkers home

Good Morning Karen

Thanks for the fact filled multi-media blog on Lake Ridge. Again an outstanding HyperLocal presentation. You are in a class by yourself. have an awesome day Karen.

Mar 09, 2011 11:44 PM
Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

Sharon  I always appreciate your visits and comments

Mar 10, 2011 05:04 AM
Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

Kay  Thank you, too

Mar 10, 2011 05:07 AM
Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

William  That may level off as the Spring market kicks in

Mar 10, 2011 05:08 AM
Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

Gail  I'm glad I gave you ideas  :)

Mar 10, 2011 05:09 AM
Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

Rob  I hope they work for you as they do in Lake Ridge

Mar 10, 2011 05:10 AM
Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

Betsy  Thank you very much

Mar 10, 2011 05:11 AM
Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

Patrick  That is good to hear from one of the masters of hyper-local posts

Mar 10, 2011 05:12 AM