Broadlands is a suburban area in Virginia classified as such because of its high population density. According to the most recent data, the typical real estate price in Broadlands is $712,585, making it more expensive than 88.5 percent of Virginia communities and 89.0 percent of all areas in the United States. According to an exclusive analysis, the average rental price in Broadlands, located near Ashburn, VA, is currently $2,560 per month. The average rental cost in this neighborhood is higher than the average rental cost in 82.2 percent of Virginia’s neighborhoods.
Broadlands real estate comprises of single-family homes and townhomes ranging in size from large (four, five, or more bedrooms) to medium (three or four bedrooms) in size. The vast majority of residential real estate is owned and occupied by the property’s owner. Despite being established, many of the homes in the Broadlands area were built between 1970 and 1999, making them very young in age. A handful of residences have also been constructed between 2000 and the present.
Broadlands has a current vacancy rate of 2.4 percent, which is lower than the national average of 89.6 percent, which is the rate experienced by 89.6 percent of all communities in the United States. As a result, the housing supply in Broadlands is extremely limited compared to the demand for property in the neighborhood.
When you encounter a neighborhood for the first time, the most significant thing to notice is frequently the way it seems, such as the architecture and location of the houses. A unique mix of occupational or cultural groups exists in some places that appear to be the same on the surface but only reveal their actual character once residents have lived in them. According to an in-depth investigation and study, this area is highly unusual in several significant aspects.
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. According to the Census Bureau, only 0.6 percent of America’s neighborhoods are more affluent than the Broadlands area. The real estate in this area is exceptionally well-maintained, and as a result, its value tends to be steady over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren’t up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools.
In addition, the rate of college-educated adults in the Broadlands neighborhood is a unique characteristic of the neighborhood. 82.5% of adults here have received at least a 4-year bachelor’s degree, compared to the average neighborhood in America, which has 32.1% of the adults with a bachelor’s degree. The rate here is higher than what is found in 98.9% of all U.S. neighborhoods.
Also, most of the adults in the Broadlands neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy but allow them to live comfortably.