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Building the Metro to Dulles

By Doug Francis

UPDATE: Watch the Silver Line run in Tysons ~ Vienna real estate values increase

Yes, back in 2010 I was giving my clients advice that the Metro was going to add significant value to their homes especially in Vienna and Reston. The number of properties being torn down and replaced with homes now (in 2014) priced above $1.3 million is evidence of the impact of the Silver Line. These luxury homes are possible since the location has significantly improved which is a concept that I discussed with clients almost five years ago in this blog post!

Do you think the Dulles Metro will impact the value of your home?

Dulles Metro Construction Tysons Corner VA

Huge trusses lift track segments for aerial construction
Photo by Doug Francis

As I was driving through Tysons Corner looking at the Metro tracks that are under construction, I thought about the many conversations that I have had over the years about the additional value the new Metro rail will add to real estate in Vienna and McLean, VA. For many years this question was impossible to answer because the Silver Line (also known as the Dulles Metro ) was always on the drawing board or being hotly debated.

That dilemma has been resolved because construction is well underway.

The new Metrorail line has already added value to real estate located near the Dulles Corridor.

One day we will forget the construction and Beltway closings and have a transit system designed for the next fifty years. People who are moving here see this construction as a positive sign for the area. Yes, the Metro is a good improvement, but these people are also seeing the vast infrastructure project happening simultaneously with the expansion of the Capital Beltway.

These are some of the essential elements in real estate that impact value, or perceived value, begins with the location of a home. Existing homes will be sitting close to modern highways, a Metrorail line into Washington D.C., and within a short drive to Dulles International Airport.

It will be worth the wait!

And when will that be? Phase one out to Reston VA is scheduled to begin Metrorail service late in 2013, and home buyers who took advantage of the 2009 and 2010 McLean, Vienna, Reston and Herndon real estate markets should see impressive gains in their real estate values. See what is available here in the Vienna Real Estate Guide.

If you want more details then contact me now.

Filed Under: Blog, Home Buyer Tips Tagged With: McLean, Northern Virginia, real estate, Silver Line, 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, home buyers are attracted to Vienna because of the sense of community, walkability, and small town lifestyle.

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 still sell homes in all price ranges. 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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Doug: (703) 304-6827

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

Office: 703-319-3344
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