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Fauquier County forms part of the Washington DC Metropolitan District and benefits greatly from the proximity of the nation's Capitol and the strong local economy in the area that is fueled by government and commercial enterprise. The county has a population of 55,000 and the Fauquier County, VA Real Estate Market has approximately 20,000 households with an above average income per capita. The Fauquier County, VA Real Estate Market is characterized by a dynamic housing market, sophisticated Real Estate Buyers and Real Estate Sellers and sustained prices for homes which represent excellent value and a sound investment for the future. The location of the county contributes significantly to house values and the liquidity of the market. The county seat of Warrenton lies approximately 20 miles to the south west of the Capitol and there are excellent transport links including I-66 and numerous other US and State routes. Over 75% of the residents work outside of the county, either in Washington DC or the affluent neighboring counties, particularly Fairfax County. There are no large industries in the county and the area is predominantly given other to suburbs and agriculture. In addition to Warrenton, there are several other major towns as well as many smaller communities offering excellent schools and medical facilities as well as the convenience of modern retail and entertainment outlets. Location and a strong local economy are major factors in the sustained valuations and achieved prices of local properties and the Fauquier County, VA Real Estate Market is liquid with a healthy number of property transactions closing each year. Properties tend to be sold at less than average waiting times on the listings and there is healthy competition from potential buyers who see the area as desirable and attractive. Home owners who are considering selling their property are strongly advised to consult a Realtor before commencing marketing of their home. The market is very fluid and many sellers both undervalue and overprice their homes which leads to either a failure to attract possible buyers and a lengthy period achieving a sale and also failing to extract full value from their property. Potential buyers are also advised to consult with a Realtor who has local experience of the Fauquier County, VA Real Estate Market so that their property requirements are met and properties that fulfill their needs and fall within their budget as well as receive their focus and attention. Many failed transactions in the area are accounted for by buyers and sellers who do not use the services of a professional and run the very real risk of losing substantial sums of money, time and energy. The Fauquier County, VA Real Estate Market offers a wide choice of homes and properties at competitive prices; however, the area provides a relaxed lifestyle and low crime rates for secure living in a family friendly set of towns and communities which benefits both Home Buyers and Home Sellers. The county is a pioneer in the amalgamation of heritage, local economy initiatives and population growth to preserve the spirit and character of the county while ensuring the needs of residents continue to be met and improved on an ongoing basis. |
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