Ashburn Rd / Farmwell Rd is a residential area in the city of Ashburn in the state of Virginia. It is more costly than 88.0 percent of the neighborhoods in Virginia and 88.7 percent of the neighborhoods in the United States, according to the median real estate price on Ashburn Rd / Farmwell Rd of $671,168, which is more expensive than 88.0 percent of the neighborhoods in the United States. A unique investigation of the current rental market in Ashburn Rd / Farmwell Rd has determined that the average rental price is $2,946. The average rental cost in this neighborhood is higher than the average rental cost in 89.3 percent of Virginia’s neighborhoods.
Ashburn Rd / Farmwell Rd real estate comprises single-family homes and townhomes ranging in size from medium (three or four bedrooms) to large (four, five, or more bedrooms) in size. The vast majority of residential real estate is owned and occupied by the property’s owner. According to the most recent census data, many of the residences in the Ashburn Rd / Farmwell Rd area are established but not old, having been built between 1970 and 1999. A handful of residences have also been constructed between the years 2000 and the present.
The current vacancy rate in Ashburn Rd / Farmwell Rd is 1.2 percent, which is lower than the national average of 94.8 percent, which is lower than the national average of 94.8 percent in all areas in the United States. As a result, the housing supply in Ashburn Rd / Farmwell Rd is extremely limited when compared to the demand for property in this neighborhood.
When you stroll or drive around a neighborhood, the way it looks and feels can make all the difference. Everything from the backdrop to the buildings to the flavor can make a difference. According to a private study, this neighborhood has some pretty fascinating aspects of how it looks and feels that make it stand out. This could encompass anything from the housing stock to the types of households in the area to the modes of transportation that people utilize.
If you get to know the individuals in this community, you’ll quickly realize that you’re in the company of one of the wealthiest communities in the United States. The Ashburn Rd / Farmwell Rd area, in reality, is among the most affluent in America, accounting for only 2.5 percent of all neighborhoods. The real estate in this area is exceptionally well-maintained, and as a result, its value tends to be steady over time. The automobiles driven are predominantly high-end luxury brands such as Mercedes, Audi, BMW, and Lexus. When the public schools aren’t up to pace, the neighborhood residents prefer to send their children to private preparatory schools rather than the public schools themselves—going on a Disney vacation? Summers in Europe, on the other hand, are equally popular. The neighborhood of Ashburn Rd / Farmwell Rd has one of the lowest child poverty rates in the country, which is to be expected in a neighborhood with a significant amount of wealth like this.