Reston Town Center Real Estate – West Market (focus on Madison Park)

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WEST MARKET: An Urban Oasis

An update on the Reston Town Center’s Best Value

Introduction – Nestled a short stroll west of the Reston Town Center is a real estate jewel known as “West Market.” A community of less than 500 homes, this neighborhood provides the excitement and convenience of the new urban life style in a well-groomed and somewhat secluded setting. Rarely do you find such a combination of privacy/seclusion and immediate access to a vibrant and populated urban center.

Nearby Neighborhoods – Immediately surrounding the Reston Town Center, popular high-end condominiums have sprouted The trend toward living in more condensed urban settings, in homes which have extraordinary modern conveniences, is one which will continue. However, many people who consider buying in the Reston Town Center area gravitate to these locations without realizing the enormous value in West Market. For those who examine the benefits West Market and compare them to comparably priced, or higher-priced condominiums, buying in this premier community is preferable.

Specific West Market Neighborhoods – The homes in West Market are maintained in a manner which displays the pride of quality ownership one would expect in a prestigious community. The grounds are maintained and landscaped at a very reasonable monthly fee, significantly lower than the condo fees in neighboring buildings. This generates a lower monthly cost of ownership which should be better appreciated by those looking to buy in the RTC. The four distinct neighborhoods within West Market are: Park Place; Logan Park; Lincoln Park, and; Madison Park. There are currently no listings in Logan Park, one of two “fee simple” sections within West Market.

The most affordable of the four neighborhoods is Madison Park, originally built by Van Meter. These three level walk-ups combine the well-built construction which is a hallmark of all West Market homes, with the prime location near the Reston Town Center.

Madison Park – Madison Park is a condominium neighborhood in the northwest corner of West Market. The homes are mostly on one of three levels, and either two- or three- bed rooms. A handful of townhome style condominiums occasionally come on the market, and these will carry a significant premium. Most third floor models have soaring ceilings, and many come equipped with lofts. The quality of construction and West Market location make these homes an attractive value and better alternative for many buyers than other condos in the Reston Town Center at this price point.

The combination of quality living, convenient location, and very low monthly condominium fees make this community an excellent value for those seeking the utmost in quality urban living.

Ray Wedell, Realtor
Samson Properties 703-855-7299
http://www.TownCenterRealtor.com
raywedell@comcast.net

December, 2013……. This is an update to a series of pieces originally written in 2005.

****Contact me for a report detailing each of the other three West Market neighborhoods. I will be happy to discuss and show you the wide variety of styles available in West Market; however, keep in mind that current market conditions are driving prices higher, and available listings generally sell quickly at recently-advertised prices.

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About RayWedellRealEstate

Real estate professional with Samson Properties. Chartered Financial Analyst, CFA
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