McLean condo fees is an important consideration for any buyer planning to purchase a McLean condo. Since condo fees in the McLean, VA area can range for $200-$900 per month, depending on the community and size of the unit, it is important to understand the condo fee before buying a McLean condo. Below are some common questions about condo fees and a table of McLean condo fees categorized by community and number of bedrooms.
What is the purpose of the condo fee? Condo fees help with the property management and maintenance of common building elements, such as the exterior maintenance, lobbys, fitness centers, etc. You condo fee may go towards staffing a front desk, or paying for a lifeguard at your pool in the summer. Just as single family homeowners must pay for upkeep of their homes, your condo fee goes towards the upkeep of the condo.
What does a McLean condo fee include? Your McLean condo fee will vary by condo association. It is important to check your condo documents to see what the condo fee includes. Typically, this will include water, trash removal, and any amenities such as a fitness center or pool. Some McLean condos, such as the Regency at McLean, will also include electricity and heat as part of the fee.
Who determine the condo fee? Each condo association will determine each units condo fees (typically based on the number and size of your unit) and whether or not these fees will go up in the future. When you buy a McLean condo, I encourage you to attend your condo association meetings and even get involved on the board of directors. This allows you to have a voice in determining how condo fees are used.
How much are McLean condo fees? Below is a list of condo fees for various McLean condo associations. The data represents the average condo fee listed on the MLS for McLean condos sold in the last year. While the condo fee for a specific property may vary, this table provides a good overview of what you should expect at various McLean condos. The absence of a condo fee does not necessarily mean there are no condos of that type available; it only indicates that none have sold in the last year.
| CONDO COMMUNITY | 1 BEDROOM AVERAGE CONDO FEE | 2 BEDROOM AVERAGE CONDO FEE | 3 BEDROOM AVERAGE CONDO FEE |
| ENCORE OF MCLEAN | $404.00 | $702.75 | |
| FOUNTAINS AT MCLEAN | $293.21 | $365.42 | |
| GATES OF MCLEAN | $297.13 | $385.50 | $401.00 |
| LILLIAN COURT AT TYSONS | $212.04 | $361.06 | |
| MC LEAN CHASE | $381.00 | $412.67 | |
| MC LEAN HILLS | $250.00 | $325.00 | |
| MC LEAN HOUSE NORTH | $428.00 | $722.60 | $902.00 |
| MCLEAN PLACE TOWNHOME | $370.00 | ||
| ONE PARK CREST | $371.57 | $503.20 | |
| PALLADIUM AT MCLEAN | $944.33 | ||
| REGENCY AT MCLEAN | $539.43 | $585.50 | $607.00 |
| REGENCY CLUB OF MCLEAN | $613.00 | ||
| ROTONDA | $452.90 | $562.67 | $764.80 |
| THE COLONIES | $480.00 | $481.43 | $466.67 |
| WESTERLIES THE | $234.33 | $273.00 |
The Fountains at McLean is a 502 unit community located at International Drive and Jones Branch Drive in McLean, VA (map). The community consists of one- and two-bedroom units with 12 different floor plans. There are both garden-style and mid-rise buildings in the community.
The Fountains at McLean is a condominium community located in McLean, VA. The community contains 502 units comprised of one-bedroom and two-bedroom units. The smallest one-bedroom unit (The Pine) is 624sf, while the largest 2-bedroom unit (The Linden) is 1,034sf. The location of Fountains at McLean can't be beat. It's located in the heart of Tysons Corner with shopping just around the corner. It is also right across the street from a major transit station and has quick access to the Dulley Toll Road and I-495. There's also a Harris Teeter grocery store nearby. Walkscore rates this location "Very Walkable."
Market Update
1 Active McLean Condos For Sale at Fountains at McLean
4 Pending McLean Condos at Fountains at McLean
6 Sold McLean Condos at Fountains at McLean in the last 3 months
Analysis
Of the 6 condos sold in the last 3 months, 4 were one-bedroom condos with an average sold price of $204,215. The remaining 2 condos were two-bedroom condos with an average sold price of $308,500. Interestingly, the Days on Market were significantly different for one-versus-two bedroom condos in the same complex. The average DOM for the one-bedroom condos for sale at Fountains at McLean was only 8 days! This means that the properties are flying off the shelf! A look at the past year shows that 1-bedroom condos have had decreasing DOM for the past year, making these properties highly sought after in McLean. In comparison, the average DOM for the two-bedroom condos for sale at Fountains at McLean was 184 days - over 6 months!
This article was originally posted at: AroundVienna.com - McLean Condo Market Update - The Fountains of McLean
Do you enjoy driving around your neighborhood to check out the holiday lights? If so, you need to visit the Bull Run Festival of Lights! This unique Northern Virginia holiday attraction is now open through January 8th! The Bull Run Festival of Lights is a drive-through holiday display of lights. They also have a fantastic Santa Light Show (check out the video below). Here's the info you need:
Image Source: Flickr / rockinfree
This article was originally posted at: AroundVienna.com - Bull Run Festival of Lights
If you venture across the Potomac River to the National Harbor in Maryland, you won't be disappointed this holiday season. They are offering a variety of events throughout the holiday season:
Holiday Light Show
Free nightly Tree Lighting and Holiday Light Show runs every half hour from sunset until 10pm. Check out the video below (and look for the guy dancing in front of the tree!)
Brightest Start Fountain Show Make sure to also check out the Gaylord National Convention Center's water fountain show. Occurs daily at 6:30pm and 9:30pm.
This article was originally posted at: AroundVienna.com - National Harbor Holiday Activities
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