While home prices in the Washington region may not reach the stratospheric levels of San Francisco and New York City, the market is still a tough one for first-time buyers even if they have a budget of $400,000.
Buyers who want a home with enough bedrooms to accommodate a family may find it challenging to meet their needs for space and a comfortable housing payment even outside the city limits. For example, the median sales price for a house in Fairfax County reached $565,000 in June, according to Bright MLS.
A townhouse like the one at 7388 Stream Way in Springfield, Va., may be an option for some families. The 1,200-square-foot townhouse, priced at $390,000, has a low homeowner association fee of $50 per month. Annual property taxes are $4,170.
Built in 1982, the three-level house has vinyl siding, three bedrooms and four bathrooms.
The main level has new hardwood floors in the combined living and dining room, which has a fireplace and a door to the deck. The updated kitchen has stone tile flooring, white cabinets and appliances, black granite counters and a pass-through opening to the living and dining room.
Upstairs the master bedroom has a private full bathroom. This level also has a second bedroom and a second full bathroom. The lower level has a laundry room in addition to the bedroom and bathroom, and the house has a powder room on the main level. The fenced backyard has a stone patio, and the townhouse comes with two assigned parking spaces.
The community includes a swimming pool.
Assigned schools include Rolling Valley Elementary, Key Middle and Lee High, all rated average or below-average by GreatSchools.org based on test scores.
For more photos, click here.
For information, contact real estate agent Lucinda Aguila with Long & Foster Real Estate at 703-655-9887.