12703 Heron Ridge Dr

• Hardwood Flooring: Adds warmth and value to the home, desirable for many buyers • Oak Staircase: Classic design element that enhances the home's appeal • Brick Exterior • Hardwood Floors • Skylight • Price Position: The property is listed at $357.76 per sqft, compared to the median price per sqft of $340 in the area. This is approximately 5.2% higher than the median. • Appreciation Trend: Homes in 22030 have sold for 6.5% more than they did a year ago, indicating strong recent appreciation. • Investment Opportunity: After $2,500 in renovations, potential $44,400 equity gain (1776.0% ROI) • Rental Income: $3,330/month with 90% occupancy (0.0% cap rate) • Schools: Being part of the Fairfax County Public School system generally adds value to properties. However, without specific school ratings, it's difficult to quantify the exact premium. • Future Development: No specific planned developments are mentioned in the provided data, but the proximity to shopping centers like Fair Oaks Mall and Fair Lakes Shopping Center suggests ongoing commercial activity.