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Dudley S Chapman ABR, ePro, RECS
HRC Properties, LLC
124-B1 E Broad St.
Falls Church, Virginia, 22046
Office: 703-237-7344
Cell: 703-517-7422
Fax: 703-852-3871
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Lic. #: Licensed in Virginia and Washington DC
Return on new vs previously owned homes PDF Print E-mail

What is the return on new versus previously owned homes in Arlington Virginia ?

Buying into a Arlington Virginia area new-home community may seem riskier than purchasing a house in an established neighborhood, but any increase in home value depends upon the same factors: quality of the neighborhood, growth in the local housing market and the state of the overall economy.
One survey by the National Association of Realtors shows that resale homes do have an edge over new homes. The trade group's figures show the median price of resale homes increased 4.3 percent between 1999 and 2000, compared to 2.8 percent for new homes in the same period.

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