$2.25 million for half a duplex in Del Ray?

[Anonymous]

https://redf.in/N2I3n9

I live up the hill from this one, it’s a new build duplex that has been under constriction for about a year.

It’s 4,000 sq/ft, but I think $2.25 is too high for an attached house.

Predictions on what it will actually sell for?

[Anonymous]

That's so interesting- based on photo 1, it looks like the unit doesn't actually share second floor walls? Is that the case?

[Anonymous]

Anonymous wrote:That's so interesting- based on photo 1, it looks like the unit doesn't actually share second floor walls? Is that the case?

Correct, the two homes are just connected on the first floor.

This was previously one SFH, which was torn down to build two SFH-sized homes attached at the hip.

[Anonymous]

The floorplan/plat showing where the second house is are the last photos. I actually think it’s better done than most del ray flips but I wouldn’t buy something essentially on commonwealth.

[Anonymous]

Isn't this a SFH? Based on the photos it looks like a SFH, and the listing has the property time listed as single family as well.

That being said, that's too expensive for Del Ray. Someone buying that prolly has a family (ie kids) so unless going private, the lack of good schools makes that price point an issue.

[Anonymous]

If two families want to buy together like with patents, in-laws or siblings then it can work well.

[Anonymous]

Anonymous wrote:Isn't this a SFH? Based on the photos it looks like a SFH, and the listing has the property time listed as single family as well.

That being said, that's too expensive for Del Ray. Someone buying that prolly has a family (ie kids) so unless going private, the lack of good schools makes that price point an issue.

Drive past it every day. It has the look and size of a SFH, but is definitely attached.

[Anonymous]

Anonymous wrote:Isn't this a SFH? Based on the photos it looks like a SFH, and the listing has the property time listed as single family as well.

That being said, that's too expensive for Del Ray. Someone buying that prolly has a family (ie kids) so unless going private, the lack of good schools makes that price point an issue.

It's attached. And it's definitely not too expensive for Del Ray, but maybe too expensive for a duplex.

[Anonymous]

Wait, this particular project has been discussed many times on the real estate forum with a poster always posting that these TH had already been sold prior to being constructed. Search for Missing Middle threads.

They're attached. It's the corner lot right by Duncan library at Commonwealth. It's either a double or triple lot originally and there was a small older house on it before that was torn down. There are now two large townhomes attached in the middle, each with its own driveway and ADU/garage.

Someone will definitely buy them.

[Anonymous]

That's hilarious!

[Anonymous]

Welcome to the new world of real estate in Arlington and Alexandria—duplexes at “affordable” prices.

[Anonymous]

I think this is what they call "missing middle".

LOL.

[Anonymous]

Anonymous wrote:I think this is what they call "missing middle".

LOL.

I find it interesting that some people are willing to pay this much for an attached house with virtually zero yard, when a comparable new build SFH could be obtained in the same neighborhood on a slightly larger plot for a similar price (for example this one: https://redf.in/HOlijv)

[Anonymous]

Anonymous wrote:

Anonymous wrote:I think this is what they call "missing middle".

LOL.

I find it interesting that some people are willing to pay this much for an attached house with virtually zero yard, when a comparable new build SFH could be obtained in the same neighborhood on a slightly larger plot for a similar price (for example this one: https://redf.in/HOlijv)

That Monroe Ave house has less yard, is on a busy street, and doesn't have street parking.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I think this is what they call "missing middle".

LOL.

I find it interesting that some people are willing to pay this much for an attached house with virtually zero yard, when a comparable new build SFH could be obtained in the same neighborhood on a slightly larger plot for a similar price (for example this one: https://redf.in/HOlijv)

Two things, one of which is huge.
1- Monroe ave is a main throughfare, Uhler is not.
2- That was last June. The market has continued to be squeezed. This will most definitely hit 2M.