History of Compton Village HOA
Establishment and Development: Compton Village is a planned development community situated in Centreville, Virginia, within Fairfax County. The community was established to provide a balanced mix of residential living spaces with amenities that cater to a community-centric lifestyle. The development includes 549 housing units, which are divided into 133 single-family homes, 400 townhomes, and 16 condominium units. This planned community was envisioned to foster a sense of community with shared spaces and facilities.
Governance: The Compton Village HOA is governed by a Board of Directors consisting of seven homeowners elected by the community. They meet regularly, typically on the fourth Wednesday of each month, to manage community affairs. The HOA contracts with FirstService Residential for property management services, which handle day-to-day operations, maintenance, and community communications.
Demographics
Community Composition:
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Housing Types: The mix of housing types in Compton Village reflects a diverse community, from families in single-family homes to professionals or smaller families in townhomes and condos.
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Schools: The presence of Centreville Elementary School within the community suggests a significant young population or families with children. Proximity to Liberty Middle School and Centreville High School further supports this demographic trend.
General Fairfax County Context:
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Fairfax County is known for its affluent, well-educated population with a significant portion employed in government, technology, and professional services due to its proximity to Washington, D.C. While specific demographic data for Compton Village alone isn’t detailed in public records, extrapolating from county-wide demographics, one might infer a similar but possibly more suburban demographic skew.
Real Estate Trends
Market Performance:
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Housing Market: According to recent data, the housing market in Compton Village has shown resilience with median home values around $529,000, although exact figures can fluctuate. The market experienced a decrease in home sales towards the end of 2024, with only one home listed for sale in December, reflecting a tight inventory.
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Sales Dynamics: Homes in Compton Village have an average listing age of 67 days, indicating a moderate turnover rate compared to more rapidly selling markets. This could suggest either a stable community where residents tend to stay longer or a market where sellers are taking their time or pricing properties conservatively.
Architectural and Property Management:
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The Architectural Review Board (ARB) ensures that any exterior modifications to properties adhere to community standards, maintaining the aesthetic and property value of the neighborhood. This board’s activities reflect the community’s commitment to preserving or enhancing the visual appeal and property values of homes.
Amenities and Services:
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Community Amenities: Compton Village offers numerous facilities like a community center, pool, tennis courts, tot lots, nature trails, and a pond, which are significant attractions for residents, influencing real estate desirability and potentially property values.
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Services: HOA dues fund these amenities plus services like trash pickup, snow plowing, and landscaping, which are crucial for maintaining the quality of life and property standards within the community.
Current Challenges and Opportunities
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Environmental and Community Management: Issues like proper waste disposal (e.g., yard waste in paper bags only) reflect ongoing management efforts towards sustainability and compliance with local regulations.
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Community Engagement: The HOA’s focus on communication via email and community events signifies an emphasis on keeping residents engaged and informed, which is vital for community cohesion and satisfaction.
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Real Estate Market: The relatively low turnover might pose challenges for new buyers entering the market but could also mean a stable, possibly appreciating, housing market over time.
Conclusion
Compton Village HOA in Fairfax County, Virginia, represents a microcosm of suburban living where community governance, amenities, and real estate dynamics interplay to create a living environment that balances privacy with communal benefits. The area’s history, demographic profile, and real estate trends showcase a community that values stability, education, and lifestyle, making it an attractive place for both current residents and prospective homeowners. However, like any community, it faces its challenges, particularly in balancing growth with sustainability and maintaining community standards amidst broader market fluctuations.
