The thread for the, "buying under $600,000," crowd.
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Anonymous
It's a flip that sold for $378K last October. Vinyl siding, no garage and less than 1900 SF, but they want people to pay $240K more than purchase price for some interior upgrades. |
Anonymous
Some people can't afford a million , this would be in line with this thread. |
Anonymous
The whole point of this thread is buying houses for under 600k. And you don't get teardowns for under 600k this side of I-81. |
Anonymous
The comparables in this range, it's priced right. |
Anonymous
More appealing close-in houses can be found for less. http://franklymls.com/FX8329849 http://franklymls.com/FX8326468 http://franklymls.com/FX8320724 I'd want to see an itemized list of the flipper's expenditures to see why he thinks this $378K house is worth close to $620K a few months later. |
Anonymous
Those aren't the same market, very poor schools. |
Anonymous
Have you not been on DCUM for very long? Renovators charge over 3-400k to redo an old home and Pimmit Hills has appreciated over 15% in the last year due to the silver line and all of the new construction going on. If you gut and renovate a place that much you need to move out and rent. If you take those things into consideration it is well priced. I think that home will probably sell for that price and perhaps more considering the other homes that went for 699k. Those links you provided aren't even the same market because 22042 has low performing schools, no new developments and has less commuting / metro options. Yes I know who you are, you are the booster of that area. Face it, 22042 is a different market, not much new construction or renovation, different commuting options, no new silver line and isn't as hot so the pricing reflects that. Because I am in McLean I can see pass the bias and BS and know all of the above facts so please take your misinformed, bias and fake outrage elsewhere. If you want to compare apples to apples the pimmit hills homes is very well priced for a 4BR, 3BA 1900SF and completely renovated home. The inventory is low but here are the comparables: The next comparable would be http://www.redfin.com/VA/Vienna/8426-Bowling-Green-Ct-22180/home/9540778 Or if you want a list of what's out there as comparables now: http://www.redfin.com/real-estate#!uipt=1&num_beds=4&min_listing_approx_size=1750&v=8&sst=®ion_id=135930®ion_type=7&market=dc |
Anonymous
Same curriculum. Schools are fine if you focus on your own kid. Also don't like that you can see ugly apartments from backyard of this house. For that price you can almost tear down and build new, crazy to pay $600K for a shack. |
Anonymous
You're the guy who claims to live in McLean and own PH properties...which makes you just one more silly PH tout. Lots of better options at $600K than an old house in PH with vinyl siding, a new toilet or two, and some back splashes that don't cost very much to install. This house should come with a "Sucker Alert" on every new fixture. |
Anonymous
So you don't even refute the real comparables and the fact the homes you listed aren't even in the same ball game. Please go on and rant , it makes you look stupid. You wish that 22042 had the same things going for it. Put any of the homes you listed in pimmit hills and they would sell for more and immediately. Compare the inventory of homes under 800 and you can see pimmit hills has none that stay available for long where as 22042 had a lot stagnating. Use facts not your misguided blind biases. |
Anonymous
22042 is filled with more shacks and no one wants to tear them down and build new because that market isn't in demand. |
Anonymous
Oh and most of 22042 is lined with really low rent apartments vs pimmit hills which has higher rent apartments across the street on the perimeter across a street. In fact many places in 22042 sit next to apartments rather than being seperated by a street. |
Anonymous
Cross Route 7 from Pimmit Hills and there are many low-rent, subsidized apartments off Pimmit Drive. I would not want to be in some of those areas at night. There are also some new builds in 22042, although not as many as in Pimmit Hills. For $600K, you don't need to settle for a shack in Pimmit Hills where some flipper did some quick upgrades. There are plenty of other neighborhoods in NoVa and Maryland to consider and the schools are fine. |
Anonymous
Um, no. I lived in that large apartment building on the corner of Pimmit Dr. and Leesburg Pike ten years ago when I was single and 24 years old and it was a fantastic neighborhood. Never did I run across anyone that you'd consider "undesirable" and never did I feel unsafe either walking or driving around. Plus, there's no way in hell my parents would have let me live there if they felt it wasn't a good area. We are renting a house in North Arlington now and would definitely consider buying a house in Pimmit Hills. We haven't seriously started looking yet, so this thread is really helpful. |
Anonymous
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Sigh, more lies.... let me address them Those apartments you described are fairfax towers, idylwood towers or idylwood village. None of them are low income, none are subsidized and none are visible from pimmit hills. In fact they are closer to britney parc which is a neighborhood full of near million dollar homes and if you think those apartments are a negative they would affect britney parc not pimmit hills. Last I checked Britney parc is selling without issues. There are also other neighborhoods near those apartments with million dollar plus homes that sell just fine as well. I don't know what your hatred is for pimmit hills but until you provide truths you will be called out and reprimanded as an idiot. |