Property Management in Arlington VA: Living in Ballston
This article is part of a series on Arlington, Virginia’s neighborhoods. This article aims to provide you with information about the Ballston neighborhood’s history, attractions, and charm to help you get a feel for what makes it attractive to tenants.
Facts and Figures
Familiarity with Ballston’s neighborhood demographics will help you market your property successfully to tenants looking to rent in the neighborhood. In Ballston, residents spend a median of 2.6 years living in a specific property. Renters occupy 47 percent of homes in the neighborhood, and 36 percent are owner-occupied. On average, there are two residents per home, and only 7 percent of households have children. The annual residential turnover in the neighborhood is 30 percent.
In the 18th and 19th centuries, Ballston developed as a key point of access in Northern Virginia, around Wilson Boulevard and North Glebe Road’s major intersection. A combination of suburban appeal and metro area proximity, Ballston is the perfect neighborhood for families with children, retired couples, and young professionals. Residents can enjoy a number of entertainment attractions, along with easy access to Washington, D.C., from the Ballston Metro station. The neighborhood offers a mix of office buildings and apartment complexes, along with many transportation options. Construction efforts and ongoing area redevelopment complement the unique character of Ballston. Older architectural elements are juxtaposed with new retail, office, and residential options, which reflect the growth of Ballston’s importance due to its key location near D.C.
Restaurants in the area include Pupatella, Rustico, Republic Kitchen and Bar, Water and Wall, Willow, Bangkok Bistro, and Thai Curry. The Ballston Common Mall, home to the Kettler Capitals Iceplex, is another attraction. Despite Ballston’s urban character, there are several parks in the neighborhood, including Glebe and Randolph Park, and Welburn Square.
The Ballston Metro station is on the Orange Line of the Metro. Through ZipCar and RelayRides and bike-share systems (through Capital Bikeshare), car share programs are also available near the station and surrounding areas. Metrobus 38B follows the Ballston-Rosslyn corridor stopping at all Metro stations in Arlington before making stops in DC. Ballston is very walkable and has a Walk Score of 86, a Bike Score of 82, and a Transit Score of 72 out of 100 points.
Unique Neighborhood Events
The annual Taste of Arlington food festival is held in Ballston. About 40,000 people attend the event on average, and over 50 restaurants participate in this festival.
The Ballston farmers market is located in Welburn Square. It is held on Thursdays, between 3 and 7 pm from May to October, with weekly chef demonstrations and live music at the market.
When searching for property management to help place great tenants or take care of the hassles involved in management, make sure the company has experience in Arlington and knows the Ballston market and neighborhood well.