Centreville VA

Current Centreville market snapshot (numbers)

• Bottom Line:

“The high school serving this area is about to get a top‑to‑bottom modernization funded and in permitting. That usually helps long‑term property values in the pyramid—families like ‘new school buildings’ without having to deal with big boundary shifts.”

D. Centreville Regional Library – future renovation

• The Centreville Regional Library (opened 1991) is flagged in Fairfax County’s FY 2026–2030 CIP as a $30M renovation, targeted for the 2032 library bond referendum. The county notes recurring HVAC and flooding issues and the need for major infrastructure upgrades. Fairfax County Government

Bottom Line:

“Longer term, the county plans a full renovation of the Centreville Regional Library, which signals continued investment in this activity node—even if the actual work is more of a 7‑ to 10‑year horizon.”

E. Other civic/amenity infrastructure nearby

• Sully Community Center (opened 2022) in Chantilly serves the wider Sully District, with ~36,000 sq ft of multi‑generational programming, including the Sully Senior Center. Fairfax County Government+1

5. New & notable amenities / development

A. New Lidl in Centreville

• Lidl opened a new grocery store at 5935 Centreville Crest Lane.

  • Grand opening October 16, 2024, open daily 8am–9pm. Lidl Newsroom+1

  • About 35 new jobs created; part of Lidl’s expanding DMV footprint. Lidl Newsroom

Bottom Line:

“Day‑to‑day, it means more grocery competition and one more walkable/short‑drive option along Centreville Crest.”

B. Westfields & Commonwealth Place (just east of Centreville)

• Westfields (in nearby Chantilly) has been transitioning from a pure office park to a mixed‑use live/work/play hub with apartments, townhomes, hotels and retail. westfieldscenter.com+1

• The Washington Post highlighted new condo buildings in the Commonwealth Place development (Belle Haven collection) adding dozens of modern units with walkable access to shops and dining. The Washington Post+2Toll Brothers® Luxury Homes+2

Even though the mailing address may say Chantilly, buyers considering Centreville will likely use Westfields for dining, retail, and jobs.

“Within about 10–15 minutes you’ve got Westfields and Commonwealth Place, which are adding walkable condos, restaurants and services—so you get a more ‘urban’ option without living right on top of Tysons.”

C. Restaurant / retail scene

• Regional outlets have been featuring Centreville/Chantilly for its Korean, Japanese, and diverse dining options, listing local Korean BBQ, noodle houses, and bakeries among notable spots. Northern Virginia Magazine

Nice to position Centreville as “suburban but not bland” for foodies.

6. Taxes & ownership costs (what a savvy buyer will ask)

A. Property tax rate & assessments

• Base real estate tax rate in Fairfax County:

  • FY 2024: $1.095 per $100 assessed value

  • FY 2025 (current): $1.125 per $100 (a 3‑cent increase) Fairfax County Government+1

• On top of that, there’s a stormwater levy of $0.0325 per $100 and, in some districts, other special taxes (Route 28 corridor, Tysons/Reston service districts, leaf collection, etc.). Fairfax County Government+1

• Countywide average residential assessments rose about 2.9% for 2024 and 6.65% for 2025, with the average home now assessed near $794K. Fairfax County Government+1

Bottom Line:

“Fairfax did bump the real‑estate tax rate recently and assessments have climbed in the last two years, so tax bills are higher than they were. A good rule of thumb is to multiply the assessed value by roughly 1.125% plus a bit for special district levies, and then confirm the exact number with the county. The upside is that those revenues are funding things like the Centreville HS renovation and infrastructure.”

B. Regional budget pressure

• A recent Washington Post piece notes that Northern Virginia localities, including Fairfax, are managing budget pressures and have leaned on property taxes as values rise; further tweaks to rates or fees are always on the table. The Washington Post

What Brian Thinks:

“I’d expect Fairfax to keep nudging taxes and fees over time rather than cutting them, which is worth baking into your long‑term budget.”

Synopsis

Here’s a simple structure you can follow in your briefing:

1) Market

“For context, Centreville today is a low‑to‑mid‑$600K market, with values up mid‑single to high‑single digits over the past year and well‑kept homes still going under contract in about a month. It’s still a seller‑leaning market, just not as insane as 2021.”

2) Policy & planning

“What’s interesting is that Fairfax County is actively reshaping Centreville’s future. They’re updating the long‑range Comprehensive Plan for the first time in over 25 years and are currently taking public input on new recommendations. That will guide where older shopping centers and office sites can redevelop into more walkable, mixed‑use areas, while keeping established neighborhoods fairly stable.”

3) Infrastructure & schools

“Transportation has already gotten a huge investment with the I‑66 express lanes and new bike/ped trail into Centreville. On the school side, Centreville High is heading into a major, fully funded renovation, which should elevate the entire high‑school pyramid over the next several years.”

4) Lifestyle / amenities

“Day‑to‑day, you’ve got a new Lidl in town, strong Asian restaurant options, easy access to Westfields and Commonwealth Place for modern mixed‑use vibes, and big regional amenities like Udvar‑Hazy and Bull Run Park close by. It’s very much a ‘suburb with options’.”

5) Ownership realities

“On the financial side, Fairfax has nudged up the property‑tax rate and assessments have been climbing, so carrying costs trend upward over time. On the flip side, the county’s investment in schools, trails, and civic facilities tends to support long‑term property values.”