Market Watch & Musings

June 28, 2022
When you browse thru kitchen trends, you can begin imagining how they might appear to your kitchen. But as you quickly begin to fall in love with a color or style, you once in a while understand that it’s not trending. Out with the old, in with the new, update the heart of your house accurately with the aid of using noting those waning kitchen trends.



Kitchen layout trends, now no longer in contrast to style trends. And much like a number of the extra everlasting ones, a few live longer than the others. To help, four top designers are sharing the kitchen traits that must be retired immediately—further to what to replace it with instead.

Read more. 4 Kitchen Trends That Need to Be Retired ASAP, According to Designers
June 28, 2022

The Ana & Melissa Team is proud to announce that Washingtonian Magazine has named them Top Realtors 5 years in a row by Washingtonian Magazine. Every 18 to 24 months, Washingtonian Magazine asks hundreds of people who work in the local real estate industry whom they would trust with listing their home, whether its home selling or home buying. The Top REALTORS list includes professionals who received the strongest recommendations.

We couldn't do it without our amazing and supportive clients, friends and colleagues. THANK YOU!
June 2, 2022
We are honored to have been named Chairman of the Board by Weichert for the 5th year in a row.

Thanks to all our partners and clients! We couldn’t have done it without you.

Ana and Melissa Are Here to Help
Don't hesitate to call us for home valuations, mortgage questions, buying in another state.  Just pick up the phone and we will help you, your friend and family.  That's what we love to do! Here's how to reach us! 
 
Ana 703.772.3526 
Melissa 703.407.5847
Email - This email address is being protected from spambots. You need JavaScript enabled to view it.
March 29, 2022

Having a garden is both visually appealing and can provide you some utility! Let’s help you get some great ideas for your home garden!

 Why do you need a home garden?
It’s peaceful and relaxing to have a lovely outdoor setting to enjoy and it also adds value to your home! Nicely landscaped and hardscaped homes can increase the purchase price of your home. 

Utilize whatever open areas you can find in limited spaces.
Owners of small houses and studio apartments may find it challenging to create home gardens. Here are some great ideas to maximize the limited space you have for a garden –

You can create small vegetables gardens like this one.

Create a cluster of beautiful pots that grow your favorite herbs!


There are also bungalow gardens or little porch compartment gardens if you have a small area outside your home.

Hanging baskets are always aesthetically pleasing as well!


Pay attention to the direction of your home garden
Consider the East side of your house while planning your garden, where the plants will receive enough of sunshine from morning to dusk.

Pick native plants and succulents alongside vegetative assortments
Always consider native plants, succulents, and rock gardens which are excellent air purifiers and circulators.


Ana and Melissa Are Here to Help
Don't hesitate to call us for home valuations, mortgage questions, buying in another state.  Just pick up the phone and we will help you, your friend and family.  That's what we love to do! Here's how to reach us! 
 
Ana 703.772.3526 
Melissa 703.407.5847
Email - This email address is being protected from spambots. You need JavaScript enabled to view it.

 

 



March 25, 2022
We #justsold! This newly updated 1 bedroom/1 bath townhome is move-in ready with luxurious features. The kitchen was updated in 2021 and features a brand new $4k ILVE imported Italian stove, Italian Carrara marble backsplash, designer porcelain tiles, and large windows with warm morning light. An attached spacious outdoor deck is perfect for a morning cup of coffee or al fresco dinners. The newly renovated 2019 bathroom also makes a statement, with Carrara marble floor and wall tiles, a modern glass shower, and a barn door entrance.

In the evenings, the spacious bedroom glows with gentle golden hues from the western windows and recently refinished original hardwood floors. It also features two generous closets and is large enough to comfortably accommodate both a workstation and a king-sized bed.

The Condo Association maintains the exterior of the building, as well as the landscaped gardens and lush grounds. The home features a private entrance, a newly replaced HVAC system (2019), and a Nest thermostat to monitor your carbon footprint… and your bank account.

Situated in the historic community of Arlington Village, which backs up onto the Army Navy Country Club. The amenities include tennis and basketball courts, a pool, nature walk and community center, as well as Sunday farmers markets, local coffee shops, and boutique restaurants all within walking distance. This unique property offers all the benefits of suburban and city living at an affordable price point. And! It has TWO parking spaces!
March 25, 2022


Our Sellers #JustSold! Welcome your new neighbors! The community is just minutes from the Van Dorn Metro stop and is also minutes away from shopping, restaurants in Kingstown, Springfield Town Center, Old Town and the future Landmark Mall project. It is also just steps away from I-95/395 and 495 making it an easy commute to DC, Arlington and Maryland.

If you or someone you know is considering a move or selling, let us know!
Visit www.AnaAndMelissa.com
February 9, 2022
Herndon, Virginia!  We love Herndon.  It’s an unassuming community that was established in 1879.  It includes a cute downtown area that reminds us of a small town anywhere in America. And the great thing about Herndon, it’s only 22 miles from downtown DC and minutes from Washington Dulles International Airport.

We just helped relocate one of our clients from Texas to Virginia and they bought a great house in the $500K price range. They LOVE Herndon, as Alexi put it, “friendly doesn’t even really cover it… we’ve had a neighbor come ring our doorbell because our blow up Santa was swept up by the wind and traveling halfway down the street! …. We also had several neighbors we never even met bring baby gifts because they saw that we had our baby. People here are just SO SO nice!”.

Herndon offers a great location because of its easy and accessible transportation commute to  Tyson’s Corner, Arlington and DC.  The Metro is easily accessible by walking, public bus or a kiss and ride.  One of the best DC Museum’s is located just minutes away!  And walking trails and parks are found in practically every neighborhood.  The W&OD trail, which goes through the core of old town Herndon can take you as east as DC and as west as West Virginia. 

So you are asking what does it cost you to live in Herndon?

Median Single Family Homes are priced between $525,000 to $815,000.

Townhomes are priced between $385,000 to $600,000.

Condos start at $400,000.
Cromwell Lefrak

If you plan to visit, don’t leave without grabbing a bite to eat!  We, our friends and clients enjoy Zeffirelli Italian restaurant, The Breeze Mediterranean (they have an awesome outdoor area that started during covid), and the Aslin Brewery, which started in Alexandria and now has a new location in Herndon!

Ana and Melissa Are Here to Help
Don't hesitate to call us for home valuations, mortgage questions, buying in another state.  Just pick up the phone and we will help you, your friend and family.  That's what we love to do! Here's how to reach us! 
 
Ana - 703.772.3526 
Melissa - 703.407.5847
Email - This email address is being protected from spambots. You need JavaScript enabled to view it.
 
January 21, 2022
Metropolitan Washington Restaurant Week is seven days in length festivity of region restaurants; for local diners Restaurant Week is something other than a "bargain" - it is a valuable chance to attempt another food, investigate cafés in various areas or visit old top picks. For visitors to the area, it's a potential chance to encounter the best of our local cafés without burning through every last cent. As one of the most profoundly expected food-related projects in area, eateries in the advancement offer 3-course menus for lunch at $22, meals for $35 and $55, or then again on the off chance that you love a decent informal breakfast, enjoy menus at $22. Restaurant Week starts January 17th through January 23rd in DC. 

You can also enjoy Alexandria Restaurant Week from January 21 to 30, 2022 and show your backing for the city's enormous local area of privately possessed cafés. For 10 days and two ends of the week, in excess of 60 restaurants in Alexandria, Virginia will offer a $35 prix fixe supper for a couple of individuals. Unique menus will be accessible in person at taking part restaurants, numerous with warmed open air eating choices and in excess of 50 cafés will likewise offer to-go choices.

 Which are your favorite restaurants in Metropolitan Washington or in Alexandria? Visit the official Restaurant Week site for thr participating restaurants and make the Reservations now!

See Metropolitan Washinton Participating Restaurants
See Alexandria Participating Restaurants
January 13, 2022

The expense to replace a portion of the homes obliterated or harmed by last week's Colorado rapidly spreading fire in suburbia of Denver and Boulder could turn out to be more than insurance agencies will pay out by countless dollars.

As per the Wall Street Journal, the Marshall Fire caused more than $1 billion in damage while obliterating almost 1,000 homes. Government authorities alongside insurance and construction industry specialists say plans could miss the mark by many thousands because of inflation and supply chain burdens, concerning giving sufficient cash to rebuild.

Homeowners are expected to review and update their policies to ensure the cost of a home replacement will be covered, even in case of rising costs, as most carriers have quit offering certifications to pay the full expense of rebuilding. All things considered, when a deficit happens, companies pay a decent level of the home's insured value. Numerous insurances offer some type of inflation protection; however, they demand their customers to update them polices to consider expansion or redesigning.

 

December 2, 2021
There are numerous ways to increase property value. For instance, you could invest in upgrades, build an additional unit, or install energy-efficient features. However, what if you’re just starting your business and don’t have the means to fund costly projects? Find out how sweat equity is a great way to build up a new real estate business when you’re on a tight budget.

What Is Sweat Equity?

Sweat equity is a term used to describe when a person contributes their time, labor, and effort to a project. It’s a non-monetary exchange used to cut costs and increase value. You’re putting in your own “sweat” instead of hiring someone else to execute a job.

How Does Sweat Equity Work In Real Estate?

In real estate, sweat equity often takes on a more literal meaning. Real estate investors and homeowners will make repairs or upgrades through their own physical labor. For homeowners, this could help lower the cost of homeownership or increase property value when putting their house up for sale. For real estate investors, this often applies when they’re flipping houses.

If you think about it, paying for contractors, painters, and carpenters can be expensive. If you can do it yourself, you can reduce your costs and boost your bottom line.

what is sweat equity

How To Calculate Sweat Equity

The value of sweat equity is measured by how much value is added to a business as a result of that sweat equity. It’s easiest to explain this in terms of how much equity an investor is willing to put in for a share of the profit.

To calculate sweat equity, take an investor’s investment amount and divide it by the percentage of equity it represents. Then, subtract the investor’s investment. The remaining number expresses the dollar value of your sweat equity in the business venture. Let’s use an example to flesh out this concept.

Example Of Sweat Equity

Let’s say that your friend wants to invest $25,000 into your latest fix-and-flip project for a 20 percent stake. The valuation of this deal is $125,000 ($25,000 / 20% = $125,000.) Your friend’s stake is $25,000, so your stake is $100,000. If you don’t invest any cash into the project, the sweat equity equals your stake, or $100,000. However, let’s say that you planned to invest $50,000. In this case, the value of your sweat equity is the remaining $50,000. ($100,000 – $50,000 = $50,000.)

This example shows that you control how much or how little sweat equity you put into a project. This largely depends on how much capital you’re willing to invest. If you’re just starting out, you may not have any choice but to put in 100 percent sweat equity. You can gradually increase your initial outlay and decrease your personal labor as you accumulate capital.

Summary

Another great way to think about sweat equity is the time value of your money. It is a great way to help build up your business with your own hands. Once you accumulate some capital, however, it’s a great idea to take a look at the big picture and evaluate how your time could be used effectively.


Thinking of Selling? Now is a great time.
Call us today for a free consultation.

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Please contact us today, at 703.772.2536 or via email: AnaAndMelissa@gmail.com