Lake Ridge Detached Non-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 Non-Garage Home Market Report
Homes Sold & Settled
Total Year 2011 Vs. Total Year 2010
2010
2011
+/-%
Number of Homes
78
6
NA
Average List Price
$274,874
$236,433
-14%
Average Sales Price
$274,127
$235,483
+2%
Seller Contibution
-$5,450
-$4,934
-10%
Net Sales Price
$268,707
$230,559
-14%
Days on Market
23
31
+8
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
Other Prince William County moderately priced communities to consider include Westridge, Old Bridge Estates , Brittany, Montclair, Ashland, Port Potomac and Potomac Club

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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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Prince William County

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