7 homes fit median income

0
386
Facebooktwittermail

The Alexandria median income hit $80,500 last year, according to the U.S. Census Bureau American Community Survey.

What kind of home can that money buy?

If you follow the current guideline of spending three times your annual income for housing, you come up with a total of $241,500. On one day in early October, the median income could have bought your choice of the seven Alexandria dwellings that came closest to meeting the limit, at $240,000 each.

Including two 2-story town houses and five high-rise brick condominiums, the homes were built between 1967 and 1990. The condos all featured community swimming pools. Two bedrooms appeared in both townhouses and in one of the condos as well.

The newest and oldest offerings were both condos with one bedroom and one bath each. They are located, respectively, at the Pavilion on the Park and the Pointe.

Two other condos were built in the Templeton and Montebello communities. Both have two bedrooms; the former with 1.5 baths, the latter with one bath. The two-bedroom, two-bath condo was constructed in 1980 at the Sentinel of Landmark.

The two 2-story townhouses were built in 1972 and 1973 in Terrace Towne Homes and Sequoyah. They include two bedrooms each.

 

Facebooktwittermail
instagram