History of Coppermine Crossing HOA:
Coppermine Crossing Homeowners Association was incorporated on March 11, 2004, in Virginia. The community’s development commenced in 2005, with construction largely completed by 2009, establishing it as a relatively new but well-integrated part of Herndon, Virginia. The HOA, registered under the entity ID 06131494, operates under the status of “Active,” indicating its ongoing management and maintenance of community standards and amenities.
The area’s history is intertwined with Fairfax County’s broader narrative, established in 1742, which provides a backdrop of continuous growth and development. The HOA’s governance structure includes key roles like President, Vice President, Treasurer, and Secretary, with notable figures such as Vipul Sachdeva and Subeyr Ibrahim Sagal listed in recent records. This governance ensures that community rules, often based on Covenants, Conditions, and Restrictions (CC&Rs), are adhered to, promoting a uniform and harmonious living environment.
Demographics:
Coppermine Crossing reflects the demographic trends prevalent in Fairfax County, known for its diversity and high median income. While specific demographic data for Coppermine Crossing alone might not be available in isolation, Fairfax County’s statistics can provide insight:
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Population: Fairfax County has a population exceeding 1.1 million, with Herndon contributing a smaller but significant portion. Coppermine Crossing, as a neighborhood, likely hosts a few hundred residents, given its size and the typical density of such planned communities.
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Income: The median household income in Fairfax County is well above the national average, suggesting that residents of Coppermine Crossing might also enjoy higher income levels, aligning with the area’s reputation for affluent, professional residents.
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Education: The county is known for high educational attainment, with a significant portion of its population holding bachelor’s degrees or higher, which might be mirrored in this community.
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Housing: The neighborhood predominantly features midsize homes, with sizes ranging from 1620 to 2200 square feet. This indicates a demographic that values space, comfort, and modern living amenities.
Real Estate Trends:
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Property Values: Real estate in Coppermine Crossing has shown stability with potential for appreciation, especially when considering the broader market trends in Fairfax County. The median real estate price in areas like Coppermine Crossing & Arrowbrook Centre is around $563,951, significantly higher than many Virginia neighborhoods, reflecting the premium on suburban living close to urban amenities.
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Market Dynamics: The real estate market in Fairfax County has seen consistent growth, with an average residential increase of 4.25% in assessments for 2021. For Coppermine Crossing, this trend could imply a healthy demand for properties, especially given its proximity to major employment centers and good schools.
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Rental Market: The average rental price in similar neighborhoods stands at approximately $2,894, indicating a strong rental market due to the influx of professionals who prefer renting in well-managed communities like Coppermine Crossing.
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Development and Sales: Although Coppermine Crossing is largely built out, its real estate remains attractive due to community amenities, HOA management, and the overall desirability of Fairfax County for its quality of life. Newer homes (built after 2000) dominate the landscape, suggesting a community where residents value modern construction and amenities.
Challenges and Future Outlook:
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Parking: One noted challenge is parking, which has been described as a significant issue, possibly due to the community’s layout or the number of vehicles per household.
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HOA Regulations: As with many HOAs, conflicts can arise over community rules and regulations, requiring mediation or legal intervention at times, as seen with the general advice for HOA disputes in Fairfax.
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Economic Factors: The real estate market’s health is tied to broader economic conditions, employment rates in nearby urban centers, and interest rates.
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Future Growth: With Fairfax County’s ongoing appeal, Coppermine Crossing’s real estate could continue to appreciate, especially if infrastructure or community amenities are further developed or upgraded.
Conclusion:
Coppermine Crossing HOA in Fairfax County, Virginia, stands as a testament to planned community living with its rich history, diverse demographic profile, and dynamic real estate market. While it faces typical HOA challenges, its strategic location and well-managed community aspects suggest a promising future, both for current residents and potential investors. The interplay of historical development, contemporary living, and market trends makes Coppermine Crossing a microcosm of suburban evolution in one of America’s wealthiest counties.
