| by Kenneth Chase | 1 comment

Dominion Heights Arlington VA | 2101 N Monroe St | Arlington VA Real Estate

Hello beautiful people, my name is Matt Leighton
and welcome back to another Arlington real estate video. In today’s video we’re going to be discussing
the Dominion Heights condominium. In this video, you’re going to learn about
the floor plans in the community, the amenities, and I’m going to touch on the future of
Dominion Heights and speculate if you will on where I see the community in 5-10 years. Okay lots to cover in today’s video. Let’s get started. Dominion Heights is located at 2101 N Monroe
Street. It’s right at the corner of Monroe and Lee
Highway situated in the Maywood neighborhood. The community was built in 2012 and has 66
residences on five stories. The first level is going to be mostly retail. The real 1st level of the community is actually
1 level above street level. So the community is 5 stories, but the top
floor is going to be the 4th floor. On the first floor, try to seek out units
that have an outdoor patio. A few of them will have these incredible outdoor
patios. Not all of them have them though but the ones
that do have them are certainly the more sought-after units on the 1st level. And while we’re talking about outdoor areas,
also keep an eye out for the penthouse level, the 4th level, it’s funny, do you really
get to call the 4th level the penthouse? Hey, it’s the top floor. Top floor is penthouse, right? Anyways, be on the lookout for the penthouses
that hit the market that have an outdoor terrace.Again, you’ll find a huge outdoor space
in some of the units not all, and these terraces are ridiculously nice. You’ll actually get some cool views because
there is not much development around so you can see pretty far.
Backtracking a little bit, you’ll find 1
and 2 bedroom layouts in Dominion Heights. Some will be 1 bedroom and dens, others will
be 2 bedroom and dens. And there are a lot of different floor plans
to choose from. Plans range from about 600 square feet up
to 1,250 square feet. Many residences will have a hallway entrance,
this is a bit different than most condos in the area that open up instantly into the living
room and kitchen. You’re also going to find more angular layouts. Whether it’s a kitchen that is at an angle,
or maybe a kitchen island that frames the living space, you’ll find a variety of layouts
in the community. There’s nothing too strange, and there will
of course be standard rectangular floor plans, but don’t be surprised to find some fresh
floor plans in the community. The finishes are superb throughout. There’s great quality inside. Christopher Companies built the community
and they have a good track record in the area. You’ll find gourmet kitchens, some of which
are larger than normal which is a plus. Gas cooking, stainless steel appliances, excellent
cabinet and counter space can be found in just about every unit. Amenities in the community include a community
room, an outdoor terrace, and underground parking. To sum it up, we have almost-brand new condos. YOu’re probably going to be the second or
third person to live in the unit, or depending on when you’re watching this, that number
could be way off. I love the quality inside the units. I like the finishes. I wish some floor plans were set up a little
bit better. Some can feel a bit narrow I guess. I would have wanted a few more balconies and
a community rooftop. You’re not near the Metro, but you are just
a hop, skip, and a jump away from Rosslyn, D.C., I-66, and other major roads in Arlington
and you are super convenient to the bike path. Okay with that being said, let’s take a
look at the top 3 things you need to know about living at Dominion Heights LEED Gold. The community is built to LEED gold standards,
which is extremely rare in Arlington. More new communities are getting to that level
but I want to say Dominion Heights was one of the first to reach it. The benefit to you is that you’ll get lower
utility bills, you can sleep better at night knowing that there’s less stress on the
environment, and LEED Certified, Gold, or Platinum, one of those levels will be the
new standard soon so I think it will be a great selling point in the future. I don’t think that’s going to be like
the deciding factor on why you buy in the community, but it will be just one more asset
that the community has going for it. Value? I’m not going to lie, it is tough to sell
a condo at Dominion Heights. 2015 was especially rough. Here are the numbers: 10 condos hit the market
in 2015. 8 of them were Withdrawn or Expired and were
not sold in 2015. Only 2 condos out of 10 that hit the market
in 2015 ended up closing. One condo even came on at 1 price and eventually
sold for $95,000 less than the original list price. Inside the condos are awesome. Outside, the neighborhood, Maywood is a great
neighborhood, but it’s not on-top of Metro. I know people that walk to Metro that live
in Maywood, but it’s not the first thing that comes to mind. If you’re going to spend $375 or even $400
on a 1 bedroom in Arlington, you’re going to have a lot of good options within a few
minute walk to the Metro station. And Dominion Heights has to compete with those
units. Future? What does the future hold for Dominion Heights? The location is tough. You’re certainly not isolated because you’re
across the street from a grocery store, you’re walking distance to shops and restaurants. But you’re also a 25 minute walk to the
nearest Metro stop. And just as you would expect, the community
has a quieter ambiance. It’s not like you have Bracket Room on the
street below your condo making all sorts of ruckus all night long. The good news is that development is coming
to Lee Highway. We saw a new condo conversion project across
the street from Dominion Heights called 38 Place which I believe is now sold out. And more development is going to creep it’s
way up Lee Highway eventually. But Dominion Heights is more of a long-term
play. Some original owners made a few bucks recently
when they sold their units but I think the real value of Dominion Heights from an investment
standpoint is to buy and hold. Okay there you have it, the top 3 things you
need to know about living at Dominion Heights. Just to recap number one is LEED Gold, number
two is Value?, and number three is Future? What are your thoughts on Dominion Heights? I want to hear about it in the comment section
below. Where do you see the community in 5 – 10 years? Let me know. Okay thanks again for watching, until next
time, create a productive day. Take care.

1 Comment

Kyle Newmiller

Jun 6, 2018, 1:52 pm Reply

Hey Matt! could you start doing parking options for these videos

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