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Westover Village Buying
Buying a Home in Westover Village, Arlington
Westover Village, nestled in Arlington, Virginia, is a charming neighborhood known for its nearly century-old homes, small shopping and dining district, and friendly community.
Population and Demographics
As of recent data, Westover Village has a population of approximately 2,211 residents, with a median age of 36.5 years.
Housing Market
In 2024, the housing market in Westover Village experienced some fluctuations. The average home value was reported at $1,054,926, reflecting a 6.5% increase over the past year. However, in December 2024, home prices saw a 7.3% decrease compared to the previous year, with a median sale price of $915,000. These variations indicate a dynamic market for those interested in houses for sale in Westover, Arlington.
Amenities and Lifestyle
Westover Village boasts a vibrant, walkable “downtown” strip featuring a variety of stores and restaurants, contributing to its friendly community atmosphere. The neighborhood’s nearly century-old homes add to its historic charm.
Education
The neighborhood is served by Arlington Public Schools, which are known for their high test scores, reportedly 91% higher than the national average. This makes Westover Village an attractive option for families seeking quality education for their children.
Household Income
While specific data for Westover Village is limited, Arlington County as a whole is known for its affluent population. In 2007, the median household income was $94,876, with a median family income of $127,179. Given Westover Village’s desirable location and amenities, it’s reasonable to infer that household incomes in the neighborhood are comparable to these figures.
For those looking to settle in this picturesque community, there are plenty of homes for sale in Westover, Arlington, offering a blend of charm, convenience, and modern living.
Tips for Buying a Home in Westover, Arlington
- Understand the Market – Home prices in Westover, Arlington, fluctuate, with a 2024 median sale price of around $915,000. Research trends to determine the best time to buy.
- Get Pre-Approved for a Mortgage – A pre-approval letter strengthens your offer and shows sellers you’re a serious buyer.
- Work with a Local Realtor – An experienced Westover agent can help you navigate the competitive market and identify the best deals.
- Be Ready to Act Quickly – Homes in Westover are in high demand. If you find a property you love, be prepared to make an offer promptly.
- Determine Your Priorities – Decide on must-have features such as square footage, number of bedrooms, outdoor space, or proximity to top-rated schools.
- Explore the Neighborhood – Walk around Westover to experience its charm, local shops, dining, and parks firsthand before making a decision.
- Consider Resale Value – Look for homes with features that will appeal to future buyers, such as updated kitchens, ample storage, and a prime location.
- Get a Home Inspection – Even in a competitive market, never skip the home inspection. It can uncover potential issues that might affect your decision.
- Factor in Renovation Costs – Many Westover homes have historic charm but may need updates. Budget for potential upgrades and maintenance.
- Review HOA Rules (If Applicable) – Some homes may be subject to homeowner association regulations, which could impact renovations and fees.
- Compare Financing Options – Shop around for mortgage rates and loan programs to find the best terms for your budget.
- Be Prepared for Competition – Multiple offers are common in Westover. Consider offering competitive terms, such as a larger earnest money deposit or a flexible closing date.
- Think Long-Term – Whether you’re buying a starter home or forever home, consider how well the property will fit your needs in the years to come.
- Don’t Skip Final Walkthrough – Before closing, do a final walkthrough to ensure the home is in agreed-upon condition and any repairs have been completed.
