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Bottlenecks Drive Real Estate Values in Fairfax

By Doug Francis

I66 Bottlenecks in Northern Virginia and real estate valuesTalking about traffic bottlenecks is a common topic of some lively conversation at almost any gathering this time of year in Northern Virginia.

“It was crazy around Tyson’s last week!”
“Oh, you have no idea. It took me an hour to take a left into…”

Yes, the holiday season can aggravate traffic, and easily fan the flames of already aggressive drivers. We’ve all seen it.


 

In my world, you should know that commute times influence home purchase decisions every day because no one really wants to make their lives a total hassle, especially if they can simply make a few smart decisions.

That factor alone is why McLean house prices are higher…  “one light to D.C” is pretty appealing when you have been schlepping in from South Riding for a year or two.

Vienna’s easy access to Tysons, Reston, and Fairfax, or access to the Orange Line or Silver Line Metro into D.C. has fueled real estate values.

And the bottleneck that clients give me an earful about most is Interstate 66 (I66) and its daily grind on drivers who seethe at the mere thought of it.

Interestingly, the primary I66 bottleneck between the Beltway and the western United States was missing from Ashley Halsey’s article in The Washington Post. Hmm?

This is a regional bottleneck

I66 Oakton VA

I66 and the Red Road

There is a three mile stretch of I66 that tapers down to get under the oldest Interstate Highway overpass bridge in the region. It impacts east bound traffic in the morning and west bound traffic in the afternoon. VDOT and the Virginia State Police have extensive records of accidents at this spot almost daily… years of accidents.

One way I picture this bottleneck is like a heart attack patient. Your smart cardiologist has just told you that you suffer from Coronary Artery Disease and the blood flow to your heart is causing your health problems. Well, you’re probably gonna try and fix that, right?

Stay with me, I understand that fixing the highway isn’t a life or death thing, but, if you miss your kid’s performance or pick up late at daycare, then it can be as physically traumatic.

All Northern Virginia drivers recognize the I66 and Route 123 interchange. Gone are the twelve foot lane widths, the ten foot break down lane, or inside shoulder area.

The little old overpass at 123 and I66 is the bottleneck

VDOT has tried medication, such as “the red road” and, recently, a high-tech lane control system.

Sorry folks, but it is time for some surgery.

VDOT is actively working with the public to expand the road to meet current and future capacity. All meeting appear to emphasize adding toll lanes to accommodate current and future western development such as the region has experienced along the I95 corridor.

Although I66 has almost none of the economic characteristics of I95, tolling and public transportation options are the forgone solution of resolving traffic flow theory with our generation of poorly funded state transportation agencies. As a taxpayer, I see replacement of this one bridge and using existing highway property as the most immediate and impactful project in the region.

Today’s home buyers in Fairfax County now work in areas not directly tied to the D.C. employment hub. Tysons, Reston, Springfield, the Dulles Corridor and the Route 28 corridor absorb considerable traffic in the daily commute.

My real estate clients who work in D.C. intentionally didn’t dare live too far west of Vienna or Oakton, and most skip the Metro due to overcapacity issues. Yes, they drive into D.C. because it is faster and often less expensive. Money x Time =…

(One attorney friend, opting to ride the Metro, had a very public meltdown on Facebook one recent Monday)


 

A key strategy to help my clients focus their home search is to look at where they work, and then the options for getting to work. Sorry, there almost isn’t a reverse-commute option here like there was in the 1990’s – the economy is just doing too well. Preservation of long term real estate values is critical to the strategy.

An insider tip specifically involves the long term projections that will impact the lifestyles of my clients. Quality of life is essential and paying more for a home that can give you an extra hour or two with your family (dogs included) is priceless.

Avoiding bottlenecks remains a high priority for anyone living here, and needs to be for anyone house hunting this year.

Filed Under: Blog, Home Buyer Tips, Living Here Tagged With: Fairfax County Virginia, Home Buyer Tips, real estate, Vienna Virginia

About Doug Francis

A seasoned Realtor specializing in unique and new homes around Vienna, Virginia, Doug has seen consumer behavior, negotiations and communication styles change. At his original brokerage, he was the first agent to add an email address. Imagine! Outside real estate, he plays tennis, is a Washington Capitals fan, spends time with Skipper (his dog), and enjoys the restaurant scene in the DCA. He's a Boston University graduate who feels morning coffee is non-negotiable.

Vienna real estate agent Doug Francis

When we bought our house in Vienna, we were thinking about raising the kids, building an addition, and knowing the neighbors. Today, many of those great neighbors have retired and I was able to help them take that next step smoothly.

So, what’s next after your 25 years? It’s a conversation many of my clients are having with me as they plan to move to the beach, travel, or get closer to grandkids. Helping them see their future, sell their current home, and move ahead with their updated plan has been an interesting new chapter.

My background: I am an active licensed agent in Virginia, have negotiated hundreds of sales contracts, work at TTR Sotheby’s International Realty in McLean, and help clients get organized helping maximize the value for today’s home buyer. I donate to the Town of Vienna tree replacement fund, participate in a neighborhood citizens association, and try my best to stay in shape.

Let’s discuss your moving plans: Email doug@dougfrancis.com or call me at (703) 304-6827 .  Cheers!

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About Doug Francis

I am a Realtor with TTR Sotheby's International Realty® just outside Washington D.C. in Northern Virginia. I'm licensed in Virginia with a focus on Vienna, VA real estate since 1991.

That deep knowledge is valuable, especially in today's fast-paced market where advice is critical. Although many of my clients are personally referred, I am available to help you too and am accepting new clients right now.

Feel free to contact me at 703-304-6827 or email me at doug@dougfrancis.com anytime!

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TTR Sotheby's International Realty
6723 Whittier Avenue McLean, VA 22101

Office: 703-319-3344
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