Real Estate Resources:
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Special Offers -
Special offers for Fairfax, Reston and Mclean homeowners from John Holmes.
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Bank
Foreclosures Information - Information Coming Soon!.
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Affiliates - John Holmes'
real estate web site affiliates.
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eNewsletter - John Holmes'Fairfax, Reston and Mclean newsletter email will send you the
latest real estate information.
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Today's Real Estate News - Daily real estate news
for this neighborhood, Virginia, and United
States.
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Market Conditions Report - Market conditions report
for this area, Virginia, and United
States.
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Monthly
Payments & Schedule - Monthly loan payments java mortgage
calculator.
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How
Much Can You Afford? - Calculate how much home you can afford with this
financial calculator.
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Determine Tax Savings -
Calculate how much your monthly Fairfax, Reston and Mclean, Virginia
mortgage payments save you on your taxes because of loan
interest.
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Should You Rent or Buy? -
Is it better to rent a home in Virginia or
buy your own Fairfax, Reston and Mclean house, ranch, luxury
property, condominium, acreage, or other real estate?
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Adjustable Rate
Mortgages - Adjustable rate Fairfax, Reston and Mclean
mortgages information and interest rate java
calculator.
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What Is
Your APR? - Determine the Annual Percentage Rate (APR) for your
mortgage.
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Fixed or Adjustable Rate
Mortgage? - Use this calculator to compare a fixed rate mortgage to two
types of ARMs, a Fully Amortizing ARM and an Interest Only ARM.
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Are
Balloon Mortgages For You? - Balloon mortgage calculator. A balloon
mortgage can be an excellent option for many home buyers.
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15
vs. 30 Yr Mortgages - With a 15 year mortgage you will pay
significantly less interest, but only if you can afford the higher monthly
payment. Use this calculator to compare these two mortgage
terms.
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How
Much Should Your Income Be? - What income is required to qualify for a
mortgage? Use this calculator to find out.
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What's
Your Maximum Mortgage? - This calculator will help you determine your
maximum monthly housing payment and the resulting mortgage
amount.
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Will
Buying Points Save You Money? - This calculator helps you determine if
you should pay for points, or use the money to increase your down
payment.
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TripleCalc - FREE Software Download:
TripleCalc lets you compare three loans at one time for your property or other Virginia
real estate.
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Top National
Real Estate Web Sites - Real Estate Web Sites that include some unique
sources of realty information, listings, and more.
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Ask
Anything - Ask John Holmes anything
real estate.
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NUMBER1EXPERTS™ - List of all the
NUMBER1EXPERT™ real estate agents and realty professionals and brokers in
the USA and Canada with links to their personal web sites with homes for
sale.
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Real Estate
Tips - John Holmes' realty library
of real estate tips and advice on everything from preparing your home for sale
to negotiating with home buyers to escrow, closing costs, property inspections,
and mortgage brokers.
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Real Estate Trivia
- John Holmes' collection of real estate
trivia questions and answers that include real estate topics such as the most
expensive home, largest swimming pool, and more.
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Real Estate Dictionary
- Complete real estate dictionary and glossary of realty words you'll use when
you list and sell your Fairfax, Reston and Mclean property in Virginia,
including legal terms definitions, and more.
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Go to Main Sitemap
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Homes, For Home Buyers, For Home Sellers, Fairfax, Reston and Mclean
Information, Real Estate Resources, and About John Holmes.
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Buying Land and New Construction >Buying New or Buying Old
New homes typically have a higher sales price than comparable existing homes, and buyers are usually willing to spend more on a new home because of lower maintenance costs. Builders' warranties on new homes, when combined with a new roof, appliances, and major systems, usually make major repairs unnecessary and help to counter a slower initial rate of appreciation.
Census Bureau Housing Surveys suggests that operating costs are lowest for brand new homes and slightly higher for relatively new existing homes. Operating costs per square foot of living space are consistently higher for progressively older existing homes. Utility costs represent the largest factor in operating costs. Energy consumption per square foot depends on the size of the home, the insulation and quality of the windows, air leakage and the efficiency of the furnace.
New homes require fewer expenditures for routine maintenance. The cost of maintenance first increases with age, then declines, so you will generally spend less maintaining a home built before 1960 than for a home built between 1970 and 1975.
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| Q |
What price range is considered upscale or high-end in residential real estate?
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| A |
The price range varies depending on the local market, but upscale homes are in the top 10% of an MLS area's annual home sales. |
 See More Real Estate Trivia > |
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John Holmes
Keller Williams Fairfax Gateway
12700 Fairlakes Circle, #120
Fairfax, VA. 22033
Phone: 703-906-5494
Fax: 703-222-4181
Email: johnholmes@NUMBER1EXPERT.com
I have been in the Real Estate business for 20 years, working for one of the largest Canadian builders, selling Condo's, Single Family, and Townhomes. Than for seven years I ran real estate developments for the Nations Largest Builder. In 2004 I became the # 1 New Homes Agent in the US with 175 settled homes in one year. So I have had a vast life long experience of building, marketing and selling Homes. Let me put this to work for you!   
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