Lake Barcroft, Virginia
Average Home Sizes and Asking Prices
Updated On: May 6, 2016
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Homes for Sale in Lake Barcroft
Lake Barcroft Real Estate & Homes for Sale in Virginia
Lake Barcroft is a well-regarded community within Falls Church, a suburb of Northern Virginia with approximately 9,000 residents. Lake Barcroft provides an easy commute to the District as well as Fort Myer, The Pentagon, Reston, Herndon, and Tyson's Corner. The community ensures access to all of the amenities of our nation's capital without requiring an address in the District.
Recognized as one of the "Best Places to Live" by MONEY Magazine, Lake Barcroft provides its inhabitants with luxury lakeside single family, condominium, and townhome living. Many residences are right on the water and for those inland, five private beaches await residents living within the community's boundaries. While Lake Barcroft has a small-town, close-knit feel to it, it is heralded by many as one of the most dynamic, original cities in the country.
Nearby Washington, D.C. offers a wide variety of activities and attractions that bring in numerous tourists, but also entertain those who live near its borders. The most visible are the monuments and museums that Washington, D.C. is known for. It is home to the Smithsonian Museum as well as many iconic government buildings and monuments. Washington, D.C. features world-class shopping, award-winning restaurants, a fabulous arts scene, vibrant nightlife, and a handful of the best universities found within the United States. Sports fans are represented with teams from all four major U.S. sports, as well as a big-time college sports presence via Georgetown University, University of Maryland, George Washington, Howard University, and American University.
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Price Range of Lake Barcroft Houses for Sale
Lake Barcroft has seen the average home values double since 2000. With a lakeside resort atmosphere and close proximity to Washington, D.C., Lake Barcroft has provided an alluring way of life for those who work within our nation's capital, yet reside outside of the city's glare. Neighborhood access to the lake and its convenient "Commuter City" status keeps Lake Barcroft's property values at attractive levels, making home ownership in the area a great investment. Most Lake Barcroft homes were built in the mid-1950s and are considered "modestly designed"; however, a number have been renovated over the years, creating an impressive selection of colonials, ranchers, contemporary, and modern home styles alike. Most of the homes are on lots of half an acre or more and are adorned with good sized lawns with plenty of trees and gardens to enhance the Lake Barcroft way of life. Alongside its surrounding green space and privacy, driving through the community dually creates a beach-like feel and vibe. Single-family homes within Lake Barcroft range in price from $340,000 to $5 million. Lake Barcroft's condominiums and townhouses can be found ranging in price from $100,000 to $565,000.
Lake Barcroft Real Estate Stats and Trends for the week of May 2nd, 2016: homes priced around $968,447 compared to $943,180 the previous week, showing a increase of more than +3%. For Thursday, May 5th, the current national mortgage rate for a 30 year fixed mortgage is 3.63%; the 15 year fixed rate is at 2.76%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.05%, while the 15 year jumbo rate currently is at 3.69%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Lake Barcroft VA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Lake Barcroft to help you find the best home!