Do you think the Pimmit Hills area will eventually become upscale?

[Anonymous]

It is definitely going to become upscale someday. I know this because DCUM despises it. God has a way of coming back to bite those who are judgey and awful. I am pretty sure that Georgetown will be a slum by then, too.

[Anonymous]

Anonymous wrote:It is definitely going to become upscale someday. I know this because DCUM despises it. God has a way of coming back to bite those who are judgey and awful. I am pretty sure that Georgetown will be a slum by then, too.

THIS.

[Anonymous]

Anonymous wrote:It is definitely going to become upscale someday. I know this because DCUM despises it. God has a way of coming back to bite those who are judgey and awful. I am pretty sure that Georgetown will be a slum by then, too.

God doesnt exist, and even if he did, making Pimmit Hills classy would be beyond even His powers.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
Have you ever bought a house?

Old homes do not "impact" new homes. At all. Ever. That is wishful thinking on your part.

New homes are here to stay, like it or not.

Olf homes are nothing more than land value. That's it. Stop trying to make it complicated. It's not.

Gosh, you life must be exhausting.

Chevy Chase, Georgetown, Normandstone Terrace and upper NW DC all undermine your argument. Not every old home holds value. Well-built old homes in areas of similar properties do.

+1.

12:11 works so hard to market Pimmit Hills. It must be tiring to spend so much of one's time applying lipsticks to pigs.

+1

Chevy Chase and Georgetown are unique to the area. McLean, Falls Church, et al are the norm; where old homes are automatic knock downs, regardless of your stupid, ridiculous decision to redo the kitchen, add on, or what have you. Builders know this, why don't you?

Lemme guess. You're one of those folks who builds the awful new homes in Pimmit Hills? Or had one built for yourself and got grief from neighbors appalled at your poor taste?

You must not know the area very well. If you did, you'd know there are many older homes in NoVa that are far more valuable than the homes in Pimmit Hills. Perhaps you'd be happier out in a new Haymarket subdivision.

You wish. We own new and old homes, close in. We know the market inside and out. You sound crazy, paranoid or both.

No one is saying the old homes in PH are worth more than old homes elsewhere. But close in (read slowly now): the worth is in the land. How many times are you going to try to ignore this? A rhetorical question. of course.

Is the worth of the land going to increase in PH? Yes. Just as quickly as any other close in area. Will new homes always be worth more than old homes, close in? Yes. Whether or not OP likes it.

I honestly don't know anything about further out, that is not one of our investments. Simply because further out has yet to catch up with closer in, in the last 40 years.

Don't worry your pretty little head about what people with money are doing. They don't care about you.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
Have you ever bought a house?

Old homes do not "impact" new homes. At all. Ever. That is wishful thinking on your part.

New homes are here to stay, like it or not.

Olf homes are nothing more than land value. That's it. Stop trying to make it complicated. It's not.

Gosh, you life must be exhausting.

Chevy Chase, Georgetown, Normandstone Terrace and upper NW DC all undermine your argument. Not every old home holds value. Well-built old homes in areas of similar properties do.

+1.

12:11 works so hard to market Pimmit Hills. It must be tiring to spend so much of one's time applying lipsticks to pigs.

+1

Chevy Chase and Georgetown are unique to the area. McLean, Falls Church, et al are the norm; where old homes are automatic knock downs, regardless of your stupid, ridiculous decision to redo the kitchen, add on, or what have you. Builders know this, why don't you?

Lemme guess. You're one of those folks who builds the awful new homes in Pimmit Hills? Or had one built for yourself and got grief from neighbors appalled at your poor taste?

You must not know the area very well. If you did, you'd know there are many older homes in NoVa that are far more valuable than the homes in Pimmit Hills. Perhaps you'd be happier out in a new Haymarket subdivision.

You wish. We own new and old homes, close in. We know the market inside and out. You sound crazy, paranoid or both.

No one is saying the old homes in PH are worth more than old homes elsewhere. But close in (read slowly now): the worth is in the land. How many times are you going to try to ignore this? A rhetorical question. of course.

Is the worth of the land going to increase in PH? Yes. Just as quickly as any other close in area. Will new homes always be worth more than old homes, close in? Yes. Whether or not OP likes it.

I honestly don't know anything about further out, that is not one of our investments. Simply because further out has yet to catch up with closer in, in the last 40 years.

Don't worry your pretty little head about what people with money are doing. They don't care about you.

Ha. You've now decided to switch over to the third person plural, have "we"? Talk about delusional.

This thread was never about whether the value of the land could exceed the value of the homes, particularly in a less sought-after neighborhood where the homes aren't much to begin with.

The odds that you are sitting on a valuable portfolio of anything, other than perhaps porta-potties, are next to nil.

[Anonymous]

I think they mean "upscale" in a pink brick sort of way.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It is definitely going to become upscale someday. I know this because DCUM despises it. God has a way of coming back to bite those who are judgey and awful. I am pretty sure that Georgetown will be a slum by then, too.

God doesnt exist, and even if he did, making Pimmit Hills classy would be beyond even His powers.

[Anonymous]

17:57 - you are insane.

You refuse to accept that old houses are worth only the land they are on, regardless of where the old houses are located. SMH. The topic, and the facts, have nothing to do with what you mentioned, yet again. Why would you possibly worry your pretty little head with the topic or the facts?

How you could be so hostile, yet know anything about the market, or real estate? Or basic reading comprehension?

Thank you for inadvertently answering my question. Good luck, you'll need it.

OP, is PH ever going to be "certain neighborhoods" [you know, where PP thankfully does NOT live ]. Probably not. But it can only get better. IME, it might be a worthwhile investment, depending where your monies and interests lie. It can only go up.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
Have you ever bought a house?

Old homes do not "impact" new homes. At all. Ever. That is wishful thinking on your part.

New homes are here to stay, like it or not.

Olf homes are nothing more than land value. That's it. Stop trying to make it complicated. It's not.

Gosh, you life must be exhausting.

Chevy Chase, Georgetown, Normandstone Terrace and upper NW DC all undermine your argument. Not every old home holds value. Well-built old homes in areas of similar properties do.

+1.

12:11 works so hard to market Pimmit Hills. It must be tiring to spend so much of one's time applying lipsticks to pigs.

+1

Chevy Chase and Georgetown are unique to the area. McLean, Falls Church, et al are the norm; where old homes are automatic knock downs, regardless of your stupid, ridiculous decision to redo the kitchen, add on, or what have you. Builders know this, why don't you?

Lemme guess. You're one of those folks who builds the awful new homes in Pimmit Hills? Or had one built for yourself and got grief from neighbors appalled at your poor taste?

You must not know the area very well. If you did, you'd know there are many older homes in NoVa that are far more valuable than the homes in Pimmit Hills. Perhaps you'd be happier out in a new Haymarket subdivision.

You wish. We own new and old homes, close in. We know the market inside and out. You sound crazy, paranoid or both.

No one is saying the old homes in PH are worth more than old homes elsewhere. But close in (read slowly now): the worth is in the land. How many times are you going to try to ignore this? A rhetorical question. of course.

Is the worth of the land going to increase in PH? Yes. Just as quickly as any other close in area. Will new homes always be worth more than old homes, close in? Yes. Whether or not OP likes it.

I honestly don't know anything about further out, that is not one of our investments. Simply because further out has yet to catch up with closer in, in the last 40 years.

Don't worry your pretty little head about what people with money are doing. They don't care about you.

Ha. You've now decided to switch over to the third person plural, have "we"? Talk about delusional.

This thread was never about whether the value of the land could exceed the value of the homes, particularly in a less sought-after neighborhood where the homes aren't much to begin with.

The odds that you are sitting on a valuable portfolio of anything, other than perhaps porta-potties, are next to nil.

HA. If only this PP could afford PH. WHAAAA...........

[Anonymous]

Anonymous wrote:17:57 - you are insane.

You refuse to accept that old houses are worth only the land they are on, regardless of where the old houses are located. SMH. The topic, and the facts, have nothing to do with what you mentioned, yet again. Why would you possibly worry your pretty little head with the topic or the facts?

How you could be so hostile, yet know anything about the market, or real estate? Or basic reading comprehension?

Thank you for inadvertently answering my question. Good luck, you'll need it.

OP, is PH ever going to be "certain neighborhoods" [you know, where PP thankfully does NOT live ]. Probably not. But it can only get better. IME, it might be a worthwhile investment, depending where your monies and interests lie. It can only go up.

Blah blah blah. "It can only go up" is classic snake-oil talk.

[Anonymous]

Anonymous wrote:
You wish. We own new and old homes, close in. We know the market inside and out. You sound crazy, paranoid or both.

No one is saying the old homes in PH are worth more than old homes elsewhere. But close in (read slowly now): the worth is in the land. How many times are you going to try to ignore this? A rhetorical question. of course.

Is the worth of the land going to increase in PH? Yes. Just as quickly as any other close in area. Will new homes always be worth more than old homes, close in? Yes. Whether or not OP likes it.

I honestly don't know anything about further out, that is not one of our investments. Simply because further out has yet to catch up with closer in, in the last 40 years.

Don't worry your pretty little head about what people with money are doing. They don't care about you.

Then why are you here, wasting your breath?

[Anonymous]

Anonymous wrote:17:57 - you are insane.

You refuse to accept that old houses are worth only the land they are on, regardless of where the old houses are located. SMH. The topic, and the facts, have nothing to do with what you mentioned, yet again. Why would you possibly worry your pretty little head with the topic or the facts?

Is the vacant lot in Georgetown worth the same or less as the same size lot with a 1900 mansion on it?

Is the vacant lot in Chevy Chase worth the same or less than the same lot with a large 1930 house on it?

Is the vacant lot in Dupont worth the same or less as the same size lot with a beautiful brownstone on it?

It's you who refuse to accept that not old houses are alike, and that some old houses continue to be sought after and bought for ridiculous amounts of money.

[Anonymous]

Oh lord. Are comparing close in NV with DC now? Or close in MD? Do you know anything at all about real estate? Do you know anything at all about where any money would have been, historically, in the D.C. area?

Time to go back to your parents basement. I hear your mom calling. "Nooooormaaaaaaan......."

[Anonymous]

Anonymous wrote:Oh lord. Are comparing close in NV with DC now? Or close in MD? Do you know anything at all about real estate? Do you know anything at all about where any money would have been, historically, in the D.C. area?

Time to go back to your parents basement. I hear your mom calling. "Nooooormaaaaaaan......."

I didn't see you qualifying your ridiculous statement of "old houses are only worth the land they're on" with any limitations with regard to location.

[Anonymous]

Anonymous wrote:

Anonymous wrote:
The term used was "upscale." A lot of other neighborhoods have been thrown around -- Del Ray, for example. Del Ray has certainly become a nice place to live and be, but it's hardly "upscale." The same may come true of Pimmit Hills, but it will never be "upscale." What is or is not "upscale" was established decades ago.

Neither Del Ray nor Georgetown have generations of affluence. Del Ray began to gentrify in I think the late 80s. Gtown in the late 40's. Gtown has advantages Del Ray will never have. Walking distance to downtown DC, the University, and easy proximity to the River. Its got little to do with generations of affluence, and much more to do with location.

Georgetown does in fact have generations of affluence. Prior to the New Deal and the influx of government workers to DC, the eastern part of Georgetown was a mix of wealthy, old Southern families, and a few modest areas where African Americans lived. West of Wisconsin Ave, Georgetown was mostly Catholic, and also culturally Southern. It was much like Old Town Alexandria, or any other old Southern port town. With the New Deal, and the growth of the federal government, Georgetown began to change and became universally wealthier. But like most any historic town, it does have generations of affluence.