Laura Schwartz is a licensed Realtor in VA, D.C. and MD with McEnearney Associates in Vienna. You can follow Laura on Instagram at @LauraSchwartzRealtor or her Facebook page. Laura can be reached at 703-283-6120 or Laura@GuidingYourMove.com.
We all know housing prices have gone up a lot over the last few years specifically, but have you ever wondered how much land prices have gone up over the past 50 years?
We have some historic homes in Vienna, but the rest of the town is a mix of new builds, pop ups, and original ramblers. Land is also the one thing we can’t make more of, so what’s left is obviously a rare and precious commodity.
Most of the homes in the Town of Vienna sit on approximately one quarter acre (ranging from .23-.26). There are anomalies that are larger and the rare half acre or larger land, but I’m going to specify what I’m measuring below. Remember, I’m talking about averages here.
Quarter Acre Lots in the Town of Vienna
- 1980s: Around $200,000
- 1990s: Mid $300,000
- 2000s: Upper $400,000 and into $500,000 towards the end of the boom in 2007
- 2010s: Here’s where the explosion of tear downs begins… prices hit $600,000s
- 2020s: With the covid boom, I’ve seen quarter acre lots hit mid $850,000 recently
I wish I could go back to the 1980s and buy 20 of them. Original land owners are sitting on a literal gold mine.
And if this isn’t an example of why you should buy real estate, I don’t know how else to demonstrate the strength of real estate for your financial future.
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Laura Schwartz is a licensed Realtor in VA and D.C. with McEnearney Associates in Vienna. You can follow Laura on Instagram at @LauraSchwartzRealtor or her Facebook page. Laura can be reached at 703-283-6120 or Laura@GuidingYourMove.com. I…
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Explore your creative side this fall at Art House 7 with our Fall 2 Session of art classes beginning October 30th. Whether you’re a budding artist or looking to unleash your artistic potential with something new, there’s a class for everyone!
Short and Drop-In Classes:
Dive into creativity with our short-term offerings, including a 3-week still-life painting course, a 3-week knitting class, a 5-week Painting the Portrait and Figure workshop led by acclaimed local artist Danni Dawson, and a mesmerizing 4-week exploration of Japanese Suminagashi and modern paper marbling. Plus, we have a drop-in class specially designed for parents and toddlers (2-4 years old) to introduce them to the world of art.
Public invited: “Fur-th Birthday” brunch celebration for Woofie’s of South Riding-Aldie, Sunday, October 8 at The Lazy Dog Restaurant & Bar
Woofie’s of South Riding-Aldie, providing premium mobile pet services throughout Aldie, Middleburg, South Riding is celebrating its fourth anniversary with expansion to Centreville and Chantilly and its fourth Woofie’s pet grooming van. The franchise, owned and operated by Loudoun County residents, husband/wife team Sebaot Gebre and Teferi Dejene, has grown by 900% since its first full year in business.
• Mobile pet spa grooming
• Dog walking
• Pet sitting
• In-home or overnight pet sitting
• Customizable services
We invite you to join us at STEAMOLOGY’s annual FREE STEM Fest for elementary and middle school students, taking place on Saturday, October 14th at South County High School, 8501 Silverbrook Rd, Lorton, VA 22079.
STEM Fest is an exciting