Northern Virginia Real Estate
Annandale Virginia
Submitted by Steve on Fri, 2006-03-10 16:29.
Annandale is a lovely, growing community located near Alexandria about 10 miles southwest of Washington, D.C. This established, older neighborhood features great schools, tree-lined streets, and many lovely older and newer homes. Annandale has very convenient access to I-495 and I-395, which goes straight into Washington.
49 percent of Annandale residents hold a Bachelor’s degree or higher, and the median home value is $236,000. The median income is $72,000.
Annandale is a truly splendid place to buy a home, with excellent Fairfax County public schools and rising property values. Annandale also has a crime index much lower than the national average.
Annandale has an ideal location in the area known as Northern Virginia, which consists of these counties: Fairfax (where Annandale is located), Arlington, Loudoun, Prince William, and Fauquier. Northern Virginia is generally a superb place to live and buy a home. Many companies of all kinds have their headquarters in this area, including AOL and many others. Plus, the federal government is a major employer, as well as the literally hundreds of private subcontracting companies that do work for the federal government.
The downturn in the economy in recent years had an effect in Northern Virginia, but overall the area fared well. Jobs were still available and houses continued to increase in value quickly. In fact, some homeowners in highly desirable locations like Annandale saw their homes double in value in only 3 or 5 years’ time.
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