Housing costs in Lake Barcroft?
A typical home costs
$803,200, which is 137.6% more expensive than the national average of
$338,100 and 134.0% more expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Lake Barcroft costs
$1,820 per month, which is 27.3% more than the national average of
$1,430 and 23.1% more than the state average of
$1,400.
Can I afford Lake Barcroft?
To live comfortably in Lake Barcroft, Virginia, a minimum annual income of
$153,720 for a family, and
$64,000 for a single person is recommended.
What does A.I. say about Lake Barcroft?
The cost of living in Lake Barcroft, VA is fairly high as it is an affluent area. The median home price for the area hovers around $800k, with rental prices ranging from $2,000 to $4,200 per month. Property taxes are also quite high, averaging about 1.3% of the property’s market value. Transportation costs are reasonable though; gas prices are generally lower than the U.S. national average and parking is easily found near businesses and attractions within the community. While groceries and other everyday items may be on slightly more expensive side due to lack of competition in the area, overall the cost of living in Lake Barcroft is still cheaper than nearby neighborhoods like Arlington or McLean.