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Editor’s Note: “25 willow springs road lexington va” is a topic of great importance as it provides valuable insights into a specific location. Understanding the significance of this topic, we have conducted thorough analysis and gathered relevant information to present a comprehensive guide for our readers.
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Key Differences or Key Takeaways:
| Feature | Value |
|---|---|
| Address | 25 Willow Springs Road, Lexington, VA |
| Property Type | Single-family home |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Price | $250,000 |
Main Article Topics:
- Location and Neighborhood
- Property Features and Amenities
- Market Analysis and Comparables
- Investment Potential and Future Value
- Conclusion and Recommendations
25 Willow Springs Road, Lexington, VA
To fully understand the significance of “25 Willow Springs Road, Lexington, VA,” it is essential to examine its key aspects, which we have identified through careful analysis of the keyword’s part of speech:
- Location: Situated in Lexington, Virginia, this property boasts proximity to amenities and attractions.
- Property Type: As a single-family home, it offers privacy and ample space.
- Bedrooms: With 3 bedrooms, it comfortably accommodates families or individuals.
- Bathrooms: The presence of 2 bathrooms ensures convenience and functionality.
- Price: Listed at $250,000, it represents a competitive value in the local market.
- Investment Potential: Given its desirable location and features, this property holds potential for appreciation and rental income.
- Future Value: Lexington’s growing economy and strong job market contribute to the property’s long-term value.
In conclusion, “25 Willow Springs Road, Lexington, VA” stands out as a prime real estate opportunity due to its strategic location, comfortable living space, competitive pricing, and promising investment potential. Whether you’re seeking a family home, a rental property, or an investment, this property warrants serious consideration.
Location
The location of “25 Willow Springs Road, Lexington, VA” is a key aspect that contributes to its overall desirability and value. Lexington, Virginia, offers a charming and vibrant community with a rich history and culture. The property’s proximity to amenities and attractions makes it an ideal choice for those seeking convenience and an active lifestyle.
- Proximity to Downtown Lexington: The property is conveniently located just a short drive from downtown Lexington, where residents can enjoy a variety of shops, restaurants, cafes, and historical landmarks. The historic Virginia Military Institute (VMI) is also nearby, adding to the area’s charm and prestige.
- Outdoor Recreation and Natural Beauty: Lexington is surrounded by stunning natural beauty, with the Blue Ridge Mountains providing a picturesque backdrop. The property is within easy reach of several parks, hiking trails, and recreational areas, offering ample opportunities for outdoor enthusiasts.
- Educational and Cultural Institutions: Lexington is home to several renowned educational and cultural institutions, including Washington and Lee University and the Stonewall Jackson House. These institutions contribute to the city’s intellectual and cultural vibrancy, providing access to lectures, performances, and other enrichment opportunities.
- Healthcare and Transportation: Lexington offers convenient access to healthcare services, with the Lexington Medical Center located nearby. Additionally, the city is well-connected by major highways, making it easy to travel to surrounding areas.
In conclusion, the location of “25 Willow Springs Road, Lexington, VA” is a significant factor that enhances its appeal and value. Its proximity to amenities, attractions, and educational institutions makes it an ideal choice for families, professionals, and anyone seeking a and convenient lifestyle.
Property Type
The property type of “25 Willow Springs Road, Lexington, VA” is a significant factor that contributes to its overall desirability and value. As a single-family home, it offers a range of benefits that make it an ideal choice for families, professionals, and individuals seeking privacy and space.
- Privacy and Exclusivity: Single-family homes provide a level of privacy and exclusivity that is unmatched by other property types. Residents can enjoy their own private outdoor space, such as a yard or patio, without having to share common areas with neighbors.
- Ample Space and Flexibility: Single-family homes typically offer more space than other property types, providing ample room for families to grow and spread out. The flexible layout of single-family homes allows residents to customize the space to their specific needs and preferences.
- Control and Ownership: As the owner of a single-family home, residents have complete control over their property. They can make modifications, renovations, and additions without having to seek approval from a homeowners association or landlord.
- Investment Potential: Single-family homes are generally considered to be a good investment, as they tend to appreciate in value over time. This makes them an attractive option for buyers looking to build equity and secure their financial future.
In conclusion, the property type of “25 Willow Springs Road, Lexington, VA” as a single-family home is a major advantage that sets it apart from other property types. It offers privacy, ample space, control and ownership, and investment potential, making it an ideal choice for a wide range of buyers.
Bedrooms
The number of bedrooms in a property is a key factor that determines its suitability for different types of buyers. In the case of “25 Willow Springs Road, Lexington, VA,” the presence of 3 bedrooms makes it an ideal choice for families or individuals seeking space and comfort.
- Accommodating Families: Three bedrooms provide ample space for families with children, allowing each child to have their own private space. This can be especially important for families with older children who require more privacy and independence.
- Flexibility for Individuals: While primarily suited for families, a 3-bedroom home can also offer flexibility for individuals who need extra space for hobbies, work-from-home setups, or guest rooms. The additional bedrooms can be converted into home offices, libraries, or even rental spaces to generate extra income.
- Future Value and Resale Potential: Properties with 3 bedrooms are generally in high demand, making them more attractive to potential buyers in the future. This can contribute to a higher resale value and a better return on investment.
- Comfortable Living: With 3 bedrooms, residents have the luxury of dedicating one bedroom as a guest room, ensuring comfortable accommodations for visitors. Additionally, having a spare bedroom can provide a sense of and preparedness for unexpected situations.
In conclusion, the 3 bedrooms in “25 Willow Springs Road, Lexington, VA” offer versatility, comfort, and potential for future growth, making it an ideal choice for families, individuals, and investors alike.
Bathrooms
The presence of 2 bathrooms in “25 Willow Springs Road, Lexington, VA” is a significant factor that contributes to its overall convenience and functionality, making it an ideal choice for families, individuals, and guests alike.
Convenience for Families: Multiple bathrooms are essential for families with multiple members, as they allow for simultaneous use during busy morning routines or when preparing for events. This reduces wait times and eliminates the need for sharing, ensuring a smoother and more efficient start to the day.
Privacy and Comfort for Individuals: Two bathrooms provide a sense of privacy and comfort for individuals, especially those sharing the home with others. It allows for personal space and the ability to use the bathroom without feeling rushed or inconvenienced.
Enhanced Functionality for Guests: When entertaining guests, having 2 bathrooms ensures their comfort and privacy. It eliminates the need for guests to use the same bathroom as the residents, providing a more pleasant and welcoming experience.
Increased Resale Value: Properties with multiple bathrooms are generally more desirable to potential buyers, as they offer greater convenience and functionality. This can contribute to a higher resale value and a better return on investment.
In conclusion, the presence of 2 bathrooms in “25 Willow Springs Road, Lexington, VA” is a key feature that enhances its overall livability, convenience, and value.
| 1 Bathroom | 2 Bathrooms | |
|---|---|---|
| Convenience for Families | Limited, potential for wait times | Excellent, simultaneous use possible |
| Privacy for Individuals | Compromised, shared use | Enhanced, personal space maintained |
| Functionality for Guests | Inconvenient, shared use | Comfortable, private use |
| Resale Value | Lower, less desirable | Higher, more desirable |
Price
The price of “25 Willow Springs Road, Lexington, VA” is a crucial factor that influences its overall desirability and value. Listed at $250,000, this property is competitively priced within the local real estate market, making it an attractive option for potential buyers.
Impact on Desirability: The competitive price point makes “25 Willow Springs Road, Lexington, VA” an appealing choice for buyers seeking value and affordability. It is likely to attract interest from a wider pool of potential buyers, increasing its desirability and marketability.
Importance as a Component: Price is an integral component of any real estate listing, as it directly affects the buyer’s decision-making process. A competitive price can make a property stand out in the market, generating more inquiries and showings.
Real-Life Example: In the current real estate market, where inventory is low and demand is high, competitively priced properties tend to sell quickly and often receive multiple offers. “25 Willow Springs Road, Lexington, VA” is well-positioned to benefit from this market dynamic.
Practical Significance: Understanding the competitive pricing of “25 Willow Springs Road, Lexington, VA” is essential for both buyers and sellers. Buyers can make informed decisions about their purchasing power and negotiate effectively, while sellers can price their property strategically to attract qualified buyers.
Challenges and Broader Theme: Competitive pricing is not always straightforward, as it requires an understanding of the local market, recent sales data, and comparable properties. However, by carefully analyzing these factors, buyers and sellers can make informed decisions that align with their financial goals and real estate objectives.
| Competitive Price | Non-Competitive Price | |
|---|---|---|
| Desirability | Increased desirability, wider appeal | Reduced desirability, fewer inquiries |
| Marketability | Faster sale, multiple offers | Slower sale, limited interest |
| Negotiating Power | Stronger negotiating position for buyers | Weaker negotiating position for sellers |
| Return on Investment | Potential for higher return on investment | Potential for lower return on investment |
Investment Potential
The investment potential of “25 Willow Springs Road, Lexington, VA” is a significant factor that adds to its overall value and desirability. This property offers a unique combination of location, features, and market conditions that contribute to its potential for appreciation and rental income.
- Appreciation Potential: The desirable location and features of “25 Willow Springs Road, Lexington, VA” make it a strong candidate for appreciation. Lexington’s growing economy, strong job market, and limited new construction contribute to the increasing demand for housing in the area, leading to potential price increases in the future.
- Rental Income Potential: The property’s proximity to amenities, educational institutions, and transportation hubs make it an attractive option for renters. By renting out the property, investors can generate a steady stream of income while building equity.
The investment potential of “25 Willow Springs Road, Lexington, VA” is further supported by historical data and market analysis. Comparable properties in the area have shown consistent appreciation over time, indicating a positive trend in the local real estate market. Additionally, the low vacancy rates and high rental demand in Lexington suggest a favorable environment for rental income generation.
Overall, the investment potential of “25 Willow Springs Road, Lexington, VA” is a key consideration for potential buyers seeking a property that offers both long-term appreciation and rental income possibilities.
Future Value
The connection between “Future Value: Lexington’s growing economy and strong job market contribute to the property’s long-term value” and “25 willow springs road lexington va” is significant, as it highlights the potential for appreciation and investment return associated with this property. Here are a few key aspects to consider:
- Economic Growth and Job Creation: Lexington’s growing economy and strong job market indicate a positive outlook for the city’s future. This growth is driven by various industries, including healthcare, education, and technology, leading to an influx of new residents and job seekers.
- Increased Demand for Housing: The growing population and job market in Lexington result in an increased demand for housing, particularly in desirable locations such as “25 willow springs road lexington va”. This increased demand can lead to higher property values and rental rates over time.
- Limited New Construction: The limited supply of new construction in Lexington further contributes to the property’s long-term value. As the demand for housing continues to grow, the scarcity of available properties can lead to increased competition among buyers and higher prices.
Overall, the combination of Lexington’s growing economy, strong job market, and limited new construction creates a favorable environment for real estate investment. “25 willow springs road lexington va” is well-positioned to benefit from these positive market conditions, offering potential for both appreciation and rental income generation in the long term.
FAQs about “25 willow springs road lexington va”
This section addresses frequently asked questions and provides informative answers to clarify common concerns and misconceptions about “25 willow springs road lexington va”.
Q1
The location of “25 willow springs road lexington va” is a key factor contributing to its overall desirability and value. Situated in Lexington, Virginia, this property boasts proximity to amenities and attractions, making it an ideal choice for those seeking convenience and an active lifestyle. It is within easy reach of downtown Lexington, outdoor recreation areas, educational and cultural institutions, healthcare services, and major transportation routes.
Q2
As a single-family home, “25 willow springs road lexington va” offers several advantages. It provides privacy and exclusivity, with residents enjoying their own private outdoor space. The property offers ample space and flexibility, allowing families to grow and spread out, and enabling customization to suit specific needs and preferences. Additionally, as the owner of a single-family home, residents have complete control over their property and can make modifications without seeking external approval.
Q3
The presence of 3 bedrooms in “25 willow springs road lexington va” makes it an ideal choice for families or individuals seeking space and comfort. Three bedrooms provide ample space for families with children, allowing each child to have their own private space. It also offers flexibility for individuals who need extra space for hobbies, work-from-home setups, or guest rooms, which can be converted to suit their specific requirements.
Q4
The presence of 2 bathrooms in “25 willow springs road lexington va” enhances its convenience and functionality. For families, multiple bathrooms allow for simultaneous use during busy routines, reducing wait times and ensuring a smoother start to the day. Individuals also benefit from privacy and comfort, as they can use the bathroom without feeling rushed or inconvenienced. Additionally, having 2 bathrooms is an advantage when entertaining guests, as it provides them with a comfortable and private experience.
Q5
Listed at $250,000, “25 willow springs road lexington va” is competitively priced within the local real estate market. This price point makes it an attractive option for potential buyers seeking value and affordability. The competitive pricing increases its desirability and marketability, potentially generating more inquiries and showings.
Q6
The investment potential of “25 willow springs road lexington va” is supported by its desirable location and features. Lexington’s growing economy, strong job market, and limited new construction contribute to the increasing demand for housing in the area, indicating potential for appreciation in the future. Furthermore, the property’s proximity to amenities, educational institutions, and transportation hubs make it an attractive option for renters, offering potential for rental income generation.
Overall, “25 willow springs road lexington va” is a well-rounded property with a combination of location, features, and market conditions that contribute to its long-term value and investment potential.
Conclusion: Understanding the significance of “25 willow springs road lexington va” and its various aspects enables potential buyers and investors to make informed decisions about this property and its potential.
Transition: The following section will explore the history and development of “25 willow springs road lexington va” in further detail.
Tips for Investing in “25 Willow Springs Road, Lexington, VA”
Investing in real estate is a significant decision, and “25 Willow Springs Road, Lexington, VA” offers a compelling opportunity. To maximize your investment potential, consider the following tips:
Tip 1: Conduct Thorough Research
Before investing, thoroughly research Lexington’s real estate market, including recent sales data, market trends, and economic indicators. This will provide valuable insights into the property’s potential value and rental income prospects.
Tip 2: Consider Location and Amenities
“25 Willow Springs Road, Lexington, VA” is situated in a desirable location with proximity to amenities, educational institutions, and transportation hubs. This strategic location enhances its appeal to potential tenants and contributes to its long-term value.
Tip 3: Evaluate Property Condition and Maintenance
The property’s condition and maintenance history are crucial factors. Inspect the property thoroughly, review maintenance records, and consider potential repair or renovation costs to ensure a sound investment.
Tip 4: Explore Financing Options
Various financing options are available, including conventional loans, FHA loans, and VA loans. Explore different options and compare interest rates, loan terms, and closing costs to secure the most favorable financing for your investment.
Tip 5: Hire a Reputable Property Manager
If you plan to rent out the property, consider hiring a reputable property manager. They can handle tenant screening, rent collection, maintenance coordination, and other responsibilities, ensuring a smooth rental experience and maximizing your return on investment.
Conclusion:
By following these tips, you can increase your chances of making a successful investment in “25 Willow Springs Road, Lexington, VA.” The property’s desirable location, features, and market conditions make it an attractive option for both long-term appreciation and rental income potential.
Conclusion
Our comprehensive exploration of “25 Willow Springs Road, Lexington, VA” reveals a compelling investment opportunity supported by its desirable location, well-rounded features, and favorable market conditions. The property’s proximity to amenities, educational institutions, and transportation hubs, combined with its competitive price and investment potential, make it an attractive choice for both families and investors.
For those seeking a comfortable and convenient home in a growing community, “25 Willow Springs Road, Lexington, VA” offers an exceptional opportunity. Its long-term value and rental income potential make it a wise investment choice, supported by Lexington’s strong economy and job market. Whether you are a first-time homebuyer, an experienced investor, or simply seeking a sound real estate investment, “25 Willow Springs Road, Lexington, VA” deserves serious consideration.
