This post was contributed by a community member. The views expressed here are the author's own.

Neighbor News

New Homes in Loudoun County

Many homebuyers in Northern Virginia strive to own a home in Loudoun County, and for good reason! Northern Virginia has been repeatedly ....

Many homebuyers in Northern Virginia strive to own a home in Loudoun County, and for good reason! Northern Virginia has been repeatedly lauded for its affluence, thriving local economies, and various benefits to its residents. With a long list of accolades for this county alone, there’s no question as to why more are moving their families to communities like One Loudoun, which exemplify the lifestyle available in this region.

Recently, news sources have been voicing their concerns about the estimated development costs that might accompany the new homes built in Loudoun County. Thankfully, the Washington Business Journal helps to quell any doubts. In fact, it’s been reported that building new homes in Loudoun County might cost much less than others have previously stated.

Find out what's happening in Ashburnfor free with the latest updates from Patch.

Originally, sources cited that for “every $1 in tax revenue generated in Loudoun County, residential development costs the county $1.62,” when in fact this number is much lower. The Economic Development Commission’s Policy and Implementation Committee (PIC) analyzed numbers and found that the revised residential figure, which was determined to be just $1.20 for every $1 in tax revenue generated, is much closer to the national average of $1.18.This is certainly great news for those hoping to buy a new home in Loudoun County – especially at One Loudoun! Our single-family homes, by both Miller & Smith and Camberley couldn’t be a better representation of the quality and standard of new homes available at One Loudoun. Spacious within a New Urban setting, luxury designs with the opportunity for customizations, and stunning exteriors help to make our community the sought-after one it is today.

Source: Washington Business Journal

Find out what's happening in Ashburnfor free with the latest updates from Patch.

The views expressed in this post are the author's own. Want to post on Patch?