Is Great Falls not attractive anymore?

[Anonymous]

https://redf.in/GnXEsx

I grew up in Nova and people used to admire 22206. This looks a 2m house to me, because it’s still within reasonable distance to the GF village and Tysons. But my friend told me he wouldn’t spent more than 1.5m on this house. Sigh…

What has changed?

[Anonymous]

Horrible traffic, many horrible people (the kind that boo children speaking at public meetings).

[Anonymous]

You need new friends. That house will go for a lot more.

[Anonymous]

i think there is just more inventory overall. rates still haven't come down enough. maybe a little fatigue out there - lot's of people settled into low rates.

[Anonymous]

Anonymous wrote:You need new friends. That house will go for a lot more.

Hasn’t it been sitting for 90 days already?

[Anonymous]

Great Falls is not a hot market for the families buying a home today. It has a walk score of 0. Most people I know with kids do not want to maintain a couple acres of land nor a house of that size. Not to mention the kitchen looks rather builder grade despite all the reported expensive upgrades. And it’s one of those houses that tries to look like a brick colonial but has siding around most of it.

Also add in the fact that a giant house that isn’t brand new is likely nearing the life span where a lot of stuff needs to be fixed/replaced. New windows/roof/plumbing updates etc. etc. on a house that size may end up costing as much as new construction.

In general I think people with that much to spend either a) pick a slightly smaller lot/house in a close-in neighborhood in like Arlington or inside the beltway McLean or b) will move outside the beltway for new construction.

Being outside the beltway in a huge dated house seems like a bad investment right now.

[Anonymous]

Anonymous wrote:https://redf.in/GnXEsx

I grew up in Nova and people used to admire 22206. This looks a 2m house to me, because it’s still within reasonable distance to the GF village and Tysons. But my friend told me he wouldn’t spent more than 1.5m on this house. Sigh…

What has changed?

As someone who has a house on the market with a large yard... it's the yard. All we hear from 30-40 yr olds is "oh the yard will be a lot." They want big cookie cutter houses on 1/15 of an acre in a gated community.

[Anonymous]

Anonymous wrote:Great Falls is not a hot market for the families buying a home today. It has a walk score of 0. Most people I know with kids do not want to maintain a couple acres of land nor a house of that size. Not to mention the kitchen looks rather builder grade despite all the reported expensive upgrades. And it’s one of those houses that tries to look like a brick colonial but has siding around most of it.

Also add in the fact that a giant house that isn’t brand new is likely nearing the life span where a lot of stuff needs to be fixed/replaced. New windows/roof/plumbing updates etc. etc. on a house that size may end up costing as much as new construction.

In general I think people with that much to spend either a) pick a slightly smaller lot/house in a close-in neighborhood in like Arlington or inside the beltway McLean or b) will move outside the beltway for new construction.

Being outside the beltway in a huge dated house seems like a bad investment right now.

Oof never mind just read that is a new custom kitchen reno. Maybe it shows better in person but it didn’t jump out to me in photos.

[Anonymous]

People would much rather live in Mclean - easier access to 495 and DC.

[Anonymous]

It's not walkable. No amenities besides a big house

[Anonymous]

Anonymous wrote:

Anonymous wrote:Great Falls is not a hot market for the families buying a home today. It has a walk score of 0. Most people I know with kids do not want to maintain a couple acres of land nor a house of that size. Not to mention the kitchen looks rather builder grade despite all the reported expensive upgrades. And it’s one of those houses that tries to look like a brick colonial but has siding around most of it.

Also add in the fact that a giant house that isn’t brand new is likely nearing the life span where a lot of stuff needs to be fixed/replaced. New windows/roof/plumbing updates etc. etc. on a house that size may end up costing as much as new construction.

In general I think people with that much to spend either a) pick a slightly smaller lot/house in a close-in neighborhood in like Arlington or inside the beltway McLean or b) will move outside the beltway for new construction.

Being outside the beltway in a huge dated house seems like a bad investment right now.

Oof never mind just read that is a new custom kitchen reno. Maybe it shows better in person but it didn’t jump out to me in photos.

they went the cheap route and did pull and replace, no one want that island stove top without a proper overhead hood

[Anonymous]

Anonymous wrote:https://redf.in/GnXEsx

I grew up in Nova and people used to admire 22206. This looks a 2m house to me, because it’s still within reasonable distance to the GF village and Tysons. But my friend told me he wouldn’t spent more than 1.5m on this house. Sigh…

What has changed?

I had to chuckle when I read this because this is actually a South Arlington zip code and I highly doubt anyone was admiring it ever

[Anonymous]

Anonymous wrote:People would much rather live in Mclean - easier access to 495 and DC.

+1

[Anonymous]

It sold in 2023 for $1,559,000. That is what it is worth.

[Anonymous]

Anonymous wrote:It sold in 2023 for $1,559,000. That is what it is worth.

Wonder why it's back on the market a year later. Is it some sort of flip-type situation?

To the Arlington zip code PP, good catch!