LUXURY HOMES IN LOUDOUN COUNTY, CLOSE IN AND BEAUTIFUL

By
Real Estate Agent with Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate 303829;0225082372

THE DULLES AREA OFFERS LOVELY HOMES AND CONVENIENCE TO SPARE

Buying a new home can often be a matter of compromise; location vs. price vs. amenities, vs. schools, vs. price, etc. Buyers for homes in Loudoun County are faced with the same trade-offs. 

Do they buy the $1,000,000 home that is 15 minutes from the job site, but is across the road from a light industrial area, Dulles International Airport on 1/2 acre lots??  Dulles

Or, do they buy the $1,000,000 home, same model, that is 40 minutes from the job site, but is in the countryside with a pastoral and mountain view on 3 acres?  15
Map Loudoun County VA

I'm working with a new buyer couple now that is facing that very same dilemma.  They love the Waterford new home model that they have selected and they can get the same model in both locations.  However, unlike the friends that purchased a home in the rural area, this particular buyer is very focused on the commute to and from work 4 days a week.  They would also have the toll to pay to make the commute from the new homes in Waterford within 40 minutes.  We're about $7.00 a day now and scheduled to go up every year, I suppose until they simply drive away ALL traffic and then they can make the toll anything they wish because no one will use the road at all, ever.

new homes in Waterford VA

My research shows that the homes in close proximity to the industrial area and the airport do NOT have the sustained value on resale that the homes in the rural areas have enjoyed. 

It is fascinating how LOCATION, LOCATION, LOCATION is such a driving force for home buyers. It will be interesting to see which, if any, home this couple buys. 

SEARCH LISTING LOUDOUN COUNTY VIRGINIA

Courtesy:  Homefinders.com, a broker serving the needs of buyers for real estate in Loudoun County

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Comments (2)

Paula Henry
Home to Indy Team @ HomeSmart Realty Group - Avon, IN
Realtor - Indianapolis Real Estate - 317-605-4174

Lenn - These types of decisions are not easily made. When we lived in California, my husband drove up to an hour each way, depending on traffic, using the toll road. It is definately a quality of life issue. It sounds as if the 3 acre parcels farther out would be a nice place to live, yet , when exchanged for the commute time and cost factor of gas and tolls, it is not an easy decision. Quality of life is a personal issue. If it were me and it were a 4 day a week job, I would go further out.

When working in California and Arizona, I found those who bought the less expensive home, farther out were regretting the decision later. The commute and cost became more than if they would have bought closer to the city. Your clients issue isn't about cost of home though, but the land could be a benefit for future resale.

 

May 23, 2007 02:39 AM
Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

Good comments Paula. 

One of the considerations of these buyers is future appreciation and the property farther out is definately a leader there.  The closer-in location is only that, closer in. 

Having a $1,000,000 home in an industrial area close to an International Airport is never going to be a good investment here.

 

May 23, 2007 04:06 AM