Waxpool is a suburban area in Ashburn, VA, classified as such because of its high population density. Waxpool has a median real estate price of $720,470, making it more expensive than 89.6 percent of the communities in Virginia and 90.0 percent of the neighborhoods in the United States, according to the Census Bureau. According to the company, using proprietary NeighborhoodScout data, the average rental price in Waxpool is presently $2,914. The average rental cost in this neighborhood is higher than the average rental cost in 88.9 percent of Virginia’s neighborhoods.
Waxpool real estate consists primarily of 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. Many of the homes in the Waxpool area are newer construction, having been constructed around 2000 or more recently. Between 1970 and 1999, several residential buildings were built as well.
The current vacancy rate in Waxpool is 0.9 percent, which is a lower rate of vacancies than the 95.4 percent rate of vacancies in all neighborhoods in the United States. As a result, the housing supply in Waxpool is extremely limited compared to the demand for property in the area.
Various factors influence a neighborhood, but the first thing that most people notice is the way a neighborhood seems and the distinctive character it possesses. For example, one would notice whether all of the buildings were constructed within a specific historical period or whether the store signs were written in several languages. This particular neighborhood in Ashburn, known as the Waxpool neighborhood, has specific excellent characteristics in terms of its appearance and way of life that are worth praising and celebrating.
If you enjoy the look and feel of new homes and newly constructed neighborhoods, you will enjoy the Waxpool area in particular. A whopping 87.8% of the houses and other residential real estates here were more contemporary after 1999, which is a higher proportion of new homes than you will find in 99.3% of the neighborhoods in the U.S. Everything about this place feels brand new. The concentration of more contemporary residences in this area is indeed so high that they fully dominate the surrounding scenery. Residential real estate in most places is constructed throughout a range of time periods; however, in this neighborhood, the majority of the housing was constructed between 2000 and the present.
In addition, one way that the Waxpool neighborhood stands out is that it has significant 4, 5, or additional bedroom homes and real estate than 97.7% of the communities in America. When you walk or drive around this neighborhood, you’ll instantly notice the size of the homes here, which definitely makes a strong visual statement.
Furthermore, you will probably really like the Waxpool neighborhood if you love row houses and attached homes. Row houses have a certain air and charm that makes them stand out. And the sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 30.0% of the residential real estate here classifies as row houses and attached homes.