Alexandria, VA

Just Listed highlights Alexandria City properties that came on the market within the past week. This feature  is sponsored by the Jen Walker Team (Licensed in VA) of McEnearney Associates Realtors®. 

Welcome Back!

Jen Walker here with The Jen Walker Team! We are a real estate group based out of Alexandria. I, along with my two rock-star team members, Sue Kovalsky and Micki MacNaughton, have more than 35 years of experience in real estate and sold over $103 million in 2019.

Join us this Saturday, Jan. 23, at 11:45 a.m. on our Instagram for a Virtual Open House featuring this Just Listed beauty in Del Ray.

Expert craftsmanship, fine details and top-of-the-line finishes are evident in every room of the beautiful Del Ray gem. Southern-style porch welcomes you to six spacious bedrooms, four full baths and three levels of grand living space. The gourmet kitchen overlooks the large living room with a gas fireplace. Take advantage of this excellent location, walkable to “The Avenue” in Del Ray and easy access to the Metro.

14 Caton Avenue W., Alexandria, VA 22301The Jen Walker Team

Another Just Listed home is available for your viewing pleasure Saturday, Jan. 23, at 11 a.m. on our Instagram!

This is a 3 BD/1.5 BA brick semi-detached home just blocks to “The Avenue.” An open floor plan on the main level boasts an updated kitchen with granite countertops and stainless appliances. Fine three large bedrooms upstairs with ample closet space, and beautiful hardwood floors throughout the home. Enjoy COVID-safe entertaining outside on the fabulous, large patio. Park in the driveway and walk to Braddock or King Street Metro, Del Ray and Old Town.

1316 Commonwealth Avenue, Alexandria, VA 22301The Jen Walker Team

Lastly, but certainly not least, is this newly listed condominium on Eisenhower Avenue with amenities galore! See it yourself this Sunday, Jan. 24, at 11 a.m. on our Instagram!

This is a fabulous 2 BD/2 BA updated condo. It has a great kitchen with granite countertops and lots of cabinetry. The living/dining room features wood flooring and fresh, neutral paint. There are two spacious bedrooms and en-suite bathrooms — great for everyday living. The patio off the living room is ideal for morning coffee or relaxing in the summer. Community amenities include a basketball court, community pool, clubhouse and more. There’s one garage space. Welcome home!

4850 Eisenhower Avenue, #105, Alexandria, VA 22304The Jen Walker Team

Click here for Just Listed properties in Alexandria and call The Jen Walker Team to schedule a home tour at 703-675-1566 or email [email protected].

Additional Just Listed properties include:

In this midst of COVID-19, we will not be hosting any in-person open houses. We will, however, be going live on our Instagram every weekend for our virtual tours. Stay updated with our virtual tours by following us on our Instagram page for updates.

Happy House Hunting!

In our highly competitive Alexandria market, the Jen Walker Team has the insider knowledge to connect you with homes that are not even public yet. With more than 35 years of experience, the Jen Walker Team has the expertise to answer questions, calm fears, and streamline your transaction. Want to see other homes not featured in this article? Contact our team today!

Please note: While The Jen Walker Team provides this information for the community, they may not be the listing agents of these homes. Equal Housing Opportunity.

McEnearney Associates Realtors®, 109 S. Pitt Street, Alexandria, VA 22314 #WeAreAlexandria

Just Listed highlights Alexandria City properties that came on the market within the past week. This feature is sponsored by the Jen Walker Team (Licensed in VA) of McEnearney Associates REALTORS®.

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This week’s Q&A column is sponsored and written by Lisa Groover of McEnearney Associates Realtors®, the leading real estate firm in Alexandria. To learn more about this article and relevant Alexandria market news, contact Lisa at 703.919.4426 or email [email protected]. You may also submit your questions to McEnearney Associates via email for response in future columns.

Question: How did the challenges in 2020 affect the real estate market in Alexandria?

Answer: It is a good thing I had my two-week winter vacation in St. Martin right before the lockdown, because surprisingly enough it was extremely busy from the minute I got back in town.

Everyone, both in and outside of the industry, speculated about whether the market would take a nosedive, be similar to 2019 or increase over the year prior. With record breaking low interest rates as one of the motivating factors, it turned out to be an incredible year.

The year-end numbers in the City of Alexandria showed us that, for the most part, detached homes and townhouses were very much a seller’s market, with continued lack of inventory and more buyers in the mix. Multiple offers were not uncommon on properties under $1 million. Condo sales were more of a balanced market, with some price points dipping into a buyer’s market. Some say condo dwellers were motivated to move away from residences where they would need to share common spaces, especially elevators.

The concerns for the health and safety of buyers, sellers and agents required significant modifications in the sales process. Virtual and 3D tours and videos replaced the traditional Sunday afternoon live open houses. Social media, agent networking and alternative advertising became key components of a property’s marketing strategy. If a live open house was held, they were either by appointment or scheduled in a way to provide social distancing with everyone wearing masks, taking off their shoes and using wipes to open doors and cabinets.

For McEnearney, and for me personally, 2020 was an excellent year! The company as a whole exceeded the $2 billion mark in sales, while the Alexandria office was up 22.7% over 2019. Alexandria City increased by 15%, with ZIP code 22314 up 24%. Listings in the Alexandria office ranged from $137,000 to $4,825,000.

When I evaluated my numbers for 2020, I was thrilled to have achieved my best year yet by tripling my volume over 2019. Buyers made up 39%, sellers 61%,and townhouses made up 72.7% of my business. While in most years, referrals from past clients, friends and neighbors make up over 75% of my annual sales — my friends and neighbors themselves were the buyers and sellers of over 50% of the transactions in 2020.

Special thanks to McEnearney for providing the support, guidance and training needed for agents to modify their marketing plans as the months accumulated. Even with the offices closed for a good part of the year, we had access to the management team, marketing and support staff, and tools required to continue to exceed our clients’ expectations.

Lisa Groover is a licensed real estate agent with McEnearney Associates, Inc. in Old Town Alexandria. As an active member of the community since 1989, Lisa specializes in Alexandria and is thrilled to have the opportunity to work closely with her friends and neighbors in Old Town Village.

In addition to enjoying the Old Town lifestyle and the art-related events and activities, she is a member of a number of volunteer organizations. Having had eight golden retrievers, she is dedicated to helping other dog owners through the challenges of renting, buying and selling their home.

If you would like a question answered in our weekly column or to set up an appointment with one of our Associates, please email: [email protected] or call 703-549-9292.

McEnearney Associates Realtors®, 109 S. Pitt Street, Alexandria, VA 22314. www.McEnearney.com Equal Housing Opportunity. #WeAreAlexandria 

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Just Listed in Alexandria

Just Listed highlights Alexandria City properties that came on the market within the past week. This feature  is sponsored by the Jen Walker Team (Licensed in VA) of McEnearney Associates Realtors®. 

Welcome Back!

Jen Walker here with The Jen Walker Team! We are a real estate group based out of Alexandria. I, along with my two rock-star team members, Sue Kovalsky and Micki MacNaughton, have more than 35 years of experience in real estate and sold over $103 million in 2019.

Join us this Saturday, Jan. 16, at 11 a.m. on our Instagram for a virtual open house featuring this updated 3 BD/2 BA duplex in Del Ray only two blocks to “The Avenue.”

Open floor plan for today’s lifestyle — the main floor boasts a large living room that easily flows into the dining room. The updated kitchen with granite counters and breakfast bar opens to dining room and sun porch that leads to private backyard. There’s a lower-level family room and storage with gorgeous full bathroom. Upstairs are three generous sized bedrooms and a full bath. Southern exposure floods the home with light. Park in the driveway and enjoy Del Ray!

Updates to the home include: basement finished and installed bath with custom tile shower in 2016, new basement floor in 2019, new Trane furnace, hot water heater, washer and dryer in 2019, new Trane A/C in 2017, new patio in 2017, new refrigerator in 2020, reglazed tile in upstairs bathroom in 2016 and a new stone walkway at the side of house 2019.

9 E. Howell Avenue E., Alexandria, VA 22301The Jen Walker Team

Click here for Just Listed properties in Alexandria and call The Jen Walker Team to schedule a home tour at 703-675-1566 or email [email protected].

In this midst of COVID-19, we will not be hosting any in-person open houses. We will, however, be going live on our Instagram every weekend for our virtual tours. Stay updated with our virtual tours by following us on our Instagram page for updates.

Happy House Hunting!

In our highly competitive Alexandria market, the Jen Walker Team has the insider knowledge to connect you with homes that are not even public yet. With more than 35 years of experience, the Jen Walker Team has the expertise to answer questions, calm fears, and streamline your transaction. Want to see other homes not featured in this article? Contact our team today!

Please note: While The Jen Walker Team provides this information for the community, they may not be the listing agents of these homes. Equal Housing Opportunity.

McEnearney Associates Realtors®, 109 S. Pitt Street, Alexandria, VA 22314 #WeAreAlexandria

Just Listed highlights Alexandria City properties that came on the market within the past week. This feature is sponsored by the Jen Walker Team (Licensed in VA) of McEnearney Associates REALTORS®.

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This week’s Q&A column is sponsored and written by Kim Peele and Hope Peele of The Peele Group and McEnearney Associates Realtors®, the leading real estate firm in Alexandria. To learn more about this article and relevant Alexandria market news, contact The Peele Group at 703-244-5852 or email [email protected]. You may also submit your questions to McEnearney Associates via email for response in future columns.

Question: Is this a good time to buy an investment property?

Answer: Happy 2021! We are all hopeful that it will be a very different year than 2020 and that the pandemic will be coming to a close. We are looking toward the future, and for many people interested in growing wealth that could mean buying a new home or investment property.

We have witnessed an extremely strong market for single family homes and townhomes in the D.C. metro area. Condos, on the other hand, have not sold quite as well this past year. While condos further out from D.C. are doing better, we currently have an excess of condos on the market closer in — probably due to people wanting more space. This translates into good news for investors.

For those who are looking for smart investments, owning a condo in the D.C. metro area is a dream investment, and this is the time to do it! David Howell, Chief Information Officer of McEnearney Associates, reports that while contract activity for condos is up in the entire D.C. metro area compared to this time last year, condo inventory in Alexandria is up 433% and condo inventory in Arlington is up 500%. Yes, those numbers are correct! There are a lot of condos on the market right now. We fully expect the condo market to come back strong at the end of this year; however, at the moment, this is a huge opportunity for cash buyers to take advantage of immediate rental income and long-term appreciation.

We have worked with many investor clients recently, and here is a recent example of how you can put your money to work for you: Buy a condo with cash for $175,000. The likely rent would be $1,550, less a condo fee of $421 a month, and 7% ($108.50) to a property manager. A property manager will manage your condo for you, reduce headaches and simplify your investment. This translates into an income of about $1,020 per month. Where else can you get that kind of return on your investment?

Another strategy that some investors are using is to buy a home outside of the metro area and rent it out with companies like Airbnb or VRBO for short-term periods. Some HOA and condo associations have rules against these types of rentals, but that is mostly closer to D.C. It is, of course, important to completely understand regulations before you make your decision to purchase. However, those who are willing and able to put in the effort have seen some amazing payoffs. Mountain and lake areas within 100 miles of D.C, are rising in popularity, and there are many great investment opportunities.

And for those still renting, this is the year to buy! Interest rates are still fantastic and down payments are much lower than most buyers realize. According to the 2021 Housing Forecast with Realtor.com, interest rates will remain low throughout the year but will rise toward the end of 2021. Why not put that rent money to work for you?

Buying real estate is an important part of building wealth. Whether it’s your first home or a long-term investment, real estate can be one of your most important purchases. For information on buying or selling investment properties or your own home and for making informed decisions, call The Peele Group today!

We will be hosting a Virtual Buyer Happy Hour on February 2, 2021. We will be joined by a lender and a home inspector and will answer all of your questions on the home-buying process. For an invitation, please send an email to [email protected].

For a professional, confidential evaluation of your home, please call or text us at 703-244-5852. We have a Dream Team of experts — contractors, staging advisors, photographers and more — to help make the right preparations, minimize stress and maximize profits!

Kim Peele is a licensed real estate agent with McEnearney Associates, Inc., lives in Old Town and works in Virginia, D.C. and Maryland. She and her daughter Hope Peele are The Peele Group. Kim is a second-generation Realtor and fourth-generation Washingtonian and is dedicated to helping owners through the challenges of selling their home.

If you would like a question answered in our weekly column or to set up an appointment with one of our Associates, please email: [email protected] or call 703-549-9292.

McEnearney Associates Realtors®, 109 S. Pitt Street, Alexandria, VA 22314. www.McEnearney.com Equal Housing Opportunity. #WeAreAlexandria 

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Address: 6014 Grove Drive
Neighborhood: Belle Haven
Listed: $1,450,000

Great value at 6014 Grove Drive in this work-at-home, multi-generational living perfection! There are five bedroom suites and two additional half-baths on three finished, sumptuous levels. Situated on a double lot, the outside is as extraordinary as the inside.

Constructed of energy-efficient brick and block, this custom-designed home has all the upscale amenities you’re looking for. The oversized kitchen island and Wolfe six-burner stove, Liebherr double refrigerators, wine refrigerator, stand-alone ice maker and double dishwashers make dining at home desirable.

The rear brick patio has an outdoor fireplace and grill for three-season entertaining. The screened side porch is another charming and private setting. There’s even a plumbed brick pad in the rear to install a hot tub if you choose. The home gym, wet bar and lavish master suite will keep you and yours at home productively, safely and comfortably. Worry-free, extensive waterproofing!

Listed by:
Janet Caterson Price
McEnearney Associates Realtors
703-622-5984
[email protected]
6014GroveDrive.com

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Just Listed in Alexandria

Just Listed highlights Alexandria City properties that came on the market within the past week. This feature  is sponsored by the Jen Walker Team (Licensed in VA) of McEnearney Associates Realtors®. 

Welcome back!

Jen Walker here with The Jen Walker Team. We are a real estate group based out of Alexandria. I, along with my two rock-star team members, Sue Kovalsky and Micki MacNaughton, have more than 35 years of experience in real estate and sold over $103 million in 2019.

This week, some beautiful properties have hit the market throughout Alexandria. Check the listings below, and find more Just Listed properties in Alexandria on our website. Call The Jen Walker Team to schedule a home tour at 703-675-1566 or email [email protected].

In this midst of COVID-19, we will not be hosting any in-person open houses. We will, however, be going live on our Instagram every weekend for our virtual tours. Stay updated with our virtual tours by following us on our Instagram page for updates.

Happy House Hunting!

In our highly competitive Alexandria market, the Jen Walker Team has the insider knowledge to connect you with homes that are not even public yet. With more than 35 years of experience, the Jen Walker Team has the expertise to answer questions, calm fears, and streamline your transaction. Want to see other homes not featured in this article? Contact our team today!

Please note: While The Jen Walker Team provides this information for the community, they may not be the listing agents of these homes. Equal Housing Opportunity.

McEnearney Associates Realtors®, 109 S. Pitt Street, Alexandria, VA 22314 #WeAreAlexandria

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This week’s Q&A column is written by David Howell, Executive Vice President and Chief Information Officer of McEnearney Associates Realtors®, the leading real estate firm in Alexandria. To learn more about this article and relevant market news, contact David at 703-738-9513 or email [email protected]. You may also submit your questions to McEnearney Associates via email for response in future columns.

Question: How did the Alexandria city real estate market finish in 2020?

Answer: Each quarter we take an in-depth look at contract activity in the City of Alexandria compared to the same quarter of the previous year. Not surprisingly, the impact of COVID-19 in the spring months resulted in a decrease in contract activity compared to 2019. The first half of the year saw overall contracts decrease 7.4%, but the third and fourth quarters tell a completely different story, and the year ended with an overall increase of 12.2%!

The charts below break down fourth quarter contract activity for 2019 and 2020 by price and by property type. Alexandria has seen increases across all categories, including the condo market, which has not been as strong in some other metro areas compared to townhomes and detached homes.

  • Overall contract activity in the City of Alexandria increased 40.9% in the fourth quarter of 2020 compared to the fourth quarter of 2019.
  • Contract activity in the condo market increased 43.0% and attached homes activity increased 44.1%.
  • The number of detached homes, the smallest part of the Alexandria City market, going under contract in the fourth quarter of 2020 increased 28.4% compared to 2019.
Data derived from Bright MLS
Data derived from Bright MLS

For more analysis of the real estate market throughout our area, please visit McEnearney.com/market-in-a-minute.

If you would like a question answered in our weekly column or to set up an appointment with one of our Associates, please email [email protected] or call 703-549-9292.

McEnearney Associates Realtors®, 109 S. Pitt Street, Alexandria, VA 22314. www.McEnearney.com Equal Housing Opportunity. #WeAreAlexandria

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Just Listed in Alexandria

Just Listed highlights Alexandria City properties that came on the market within the past week. This feature  is sponsored by the Jen Walker Team (Licensed in VA) of McEnearney Associates Realtors®. 

Welcome back!

Jen Walker here with The Jen Walker Team! We are a real estate group based out of Alexandria. I, along with my two rockstar team members, Sue Kovalsky and Micki MacNaughton, have more than 35 years of experience in real estate and sold over $103 million in 2019.

This week’s Just Listed features a newly listed apartment that is priced to sell! This is a restricted resale unit offered through the Alexandria Neighborhood Stabilization Program. The purchaser may be eligible for up to $50,000 in 0% interest purchase assistance available from the City and up to $4,000 seller subsidy. Purchaser must live or work in the City of Alexandria and be a first-time homebuyer — see documents for income restrictions. Contact the City’s Office of Housing, Vicente Espinoza, 703-746-3087. No investors!

16 S. Van Dorn Street, #206, Alexandria, VA 22304The Jen Walker Team

Click here for Just Listed properties in Alexandria and call The Jen Walker Team to schedule a home tour at 703-675-1566 or email [email protected].

In this midst of COVID-19, we will not be hosting any in-person open houses. We will, however, be going live on our Instagram every weekend for our virtual tours. Stay updated with our virtual tours by following us on our Instagram page for updates.

Happy House Hunting!

In our highly competitive Alexandria market, the Jen Walker Team has the insider knowledge to connect you with homes that are not even public yet. With more than 35 years of experience, the Jen Walker Team has the expertise to answer questions, calm fears, and streamline your transaction. Want to see other homes not featured in this article? Contact our team today!

Please note: While The Jen Walker Team provides this information for the community, they may not be the listing agents of these homes. Equal Housing Opportunity.

McEnearney Associates Realtors®, 109 S. Pitt Street, Alexandria, VA 22314 #WeAreAlexandria

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This week’s Q&A column is sponsored and written by Ann Duff of McEnearney Associates Realtors®, the leading real estate firm in Alexandria. To learn more about this article and relevant Alexandria market news, contact Ann at 703.965.8700 or email [email protected]. You may also submit your questions to McEnearney Associates via email for response in future columns.

Question: What did life look like for a realtor in 2020?

Answer: Oh, you could write a job description for realtor, and it would be pretty enthusiastic and likely glowing, but it would miss so much of the “fun!”

“Lean on me” never had so much meaning as it did this year as we worked around the unusual circumstances of 2020.

Chasing tortoises’ paperwork: You may have seen it in the news, but I tried to help our former CAPS’ goalie get his family’s two little dinosaurs across the border into Canada by sending photos of shipping documents. Even then, he was still stuck in Billings, Montana, for a few days with a full truck and turtles before getting home to Vancouver.

Trying to move a Tesla: Out of town, my clients also needed their car stored, and I don’t know how to drive a Tesla. The technology is vastly different from my vehicle, and I feared I’d run into a telephone pole, so I chased around town to find a seasoned owner of that spaceship-style car and, HOORAY, we found a friend who got the car tucked away safely.

1-800-GOT-JUNK: Just like the ads where the actress hops around looking at stacks of unwanted stuff, I played that role for some sellers and WOW was that fun. The power of the pointer is real; I was able to fill an entire truck without flexing a muscle and simply pointing. Two strong fellows did all the real work.

Previewing while taking videos: Fewer in-person visits this year meant creativity with an iPhone; now I just need advanced tech advice so I am not sending 10 videos per house. Spinning around in living rooms, back yards, climbing into attics, etc. and taking the extra views to explain the flow of the house, while providing some commentary, we’ve been able to streamline the places on the tour list and test how a place might “live.”

Long distance rentals, sight unseen: Seriously, two military families leased large townhouses I had listed relying only on photos, FaceTime calls and descriptions. Yikes, they didn’t even have a friend or relative visit, but whew, they love their choices.

Research by phone: I’ve advocated digging deeply into the history of homes and neighborhoods, but little did I know how helpful librarians working from home could be with the libraries closed. Great thanks goes to Patricia Walker, the Local History and Special Collections Branch Manager of the Alexandria Library, for going beyond the call of duty when helping me this past spring.

Photography from afar: Like a movie director, I like to oversee the professional photography taken for sales and rentals, but the pro’s rules rule! The very best real estate photographer, Peter, takes bright, helpful photos, and I rely on him. But with immune-sensitivity issues, no one else can be in the house while he is working. Oh, I can sit in the car and come back in to lock up, but luckily I deeply trust his talent, and I will have run through in advance to move those ubiquitous items clouding the vision.

Picking the colors: Out-of-state investors need their properties spiffed up for selling, and they often grant me the power of the palette. With Jason, my favorite, experienced local painter and his team, we get the ultimate decision for which shade of hip new, trending color to paint the walls. Gleefully satisfying.

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Just Listed in Alexandria

Just Listed highlights Alexandria City properties that came on the market within the past week. This feature  is sponsored by the Jen Walker Team (Licensed in VA) of McEnearney Associates Realtors®. 

Welcome Back!

Jen Walker here with The Jen Walker Team! We are a real estate group based out of Alexandria. I, along with my two rock-star team members, Sue Kovalsky and Micki MacNaughton, have more than 35 years of experience in real estate and sold over $103 million in 2019.

This week, our featured Just Listed property has hit the market again! We can’t wait for you to see this beauty inside and out. Located in the heart of Del Ray, this gorgeous, bright and expanded 4 bed/3 bath is what all of your dreams are made of.

507 E. Alexandria Avenue, Alexandria, VA 22301The Jen Walker Team

Just two blocks from “The Avenue” and a short walk to the Metro, this fabulous home welcomes you with its fabulous front porch. The main level features a study, formal living room, dining room and gorgeous family room with cathedral ceilings and a fireplace. The kitchen has great space for meal prep and has a breakfast bar for everyday living. Rounding out the main level are two bedrooms and a full bathroom.

Upstairs, you will find a huge primary bedroom with dual closets. A large bathroom, laundry room, a fourth bedroom and a loft overlooking the great room are also found on this level.

Just off the rear of the home is a screened porch — perfect for outdoor social distancing or entertaining. Not currently accessible from the main home, the finished basement has a separate, private entrance and has been used as a rental property. This space includes a living/dining/kitchenette combo, private bedroom and bath, and separate laundry room with full-sized washer and dryer.

The location, flow and size make this a home you don’t want to miss. Welcome home!

Click here for Just Listed properties in Alexandria and call The Jen Walker Team to schedule a home tour at 703-675-1566 or email [email protected].

In this midst of COVID-19, we will not be hosting any in-person open houses. We will, however, be going live on our Instagram every weekend for our virtual tours. Stay updated with our virtual tours by following us on our Instagram page for updates.

Happy House Hunting!

In our highly competitive Alexandria market, the Jen Walker Team has the insider knowledge to connect you with homes that are not even public yet. With more than 35 years of experience, the Jen Walker Team has the expertise to answer questions, calm fears, and streamline your transaction. Want to see other homes not featured in this article? Contact our team today!

Please note: While The Jen Walker Team provides this information for the community, they may not be the listing agents of these homes. Equal Housing Opportunity.

McEnearney Associates Realtors®, 109 S. Pitt Street, Alexandria, VA 22314 #WeAreAlexandria

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