Price Reduction - Vienna TH - Any idea why?

[Anonymous]

Anonymous wrote:

Anonymous wrote:It's very basic, and it was reduced because they didn't get any offers.

+1

It's been on the market for 2 weeks without a pending offer.

One week and they reduced the price by $20k. They must want to move asap.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Market is turning and areas like Vienna and further out will be hit first.

Oh please, this isn't about being far out, this townhome is right next to the beltway.

But this is an area called Vienna, but not the nicer part, and definitely not in the Town. This is right off Gallows Rd and a lot of lower SES older townhomes and smaller office buildings are nearby. Also zoned for Freedom Hill Elementary, not one of the top elementary schools.

What part of Vienna is considered “the town” and a nicer area than this? I’m in the very preliminary research stage not ready to buy for a while but am trying to drive around and get a look at various areas. Is everything off Gallows considered hectic - as that area seems very commercial to me?

That area is not nice. Go down 123 into the town of Vienna.

BS - this area is fine. It's not full of $2million Craftsmans on huge lots, but not everything is. I suppose if money was no object for everyone we'd all live in our dream homes. But this is real life.

PP - you can Google the Town of Vienna, which is different from the Fairfax County part of Vienna, and has town taxes, its own police force, etc.

I lived in this area for some time and would even GO WALKING and see lots of other people walking. My kid even has friends that live in the very TH community this TH is in. They are very nice people with jobs and hobbies. The mom even owns a Peloton, if you can imagine a Peloton being in such a home. The TH communities are generally pretty nice/upscale for townhomes. There are one are two older TH communities that aren't as modern, but they are well kept.

Obviously, a TH in this area isn't going to check all the boxes for every buyer, but you're right around the corner from Tyson's and the Beltway and your kid's schools (elementary, middle, and HS) are all less than five minutes away. There are tons of kids and families in this area.

Is this denoted differently in Redfin? Or any reference addresses/landmarks I can use to see where the town is in relation to where this is?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Market is turning and areas like Vienna and further out will be hit first.

Oh please, this isn't about being far out, this townhome is right next to the beltway.

But this is an area called Vienna, but not the nicer part, and definitely not in the Town. This is right off Gallows Rd and a lot of lower SES older townhomes and smaller office buildings are nearby. Also zoned for Freedom Hill Elementary, not one of the top elementary schools.

What part of Vienna is considered “the town” and a nicer area than this? I’m in the very preliminary research stage not ready to buy for a while but am trying to drive around and get a look at various areas. Is everything off Gallows considered hectic - as that area seems very commercial to me?

That area is not nice. Go down 123 into the town of Vienna.

BS - this area is fine. It's not full of $2million Craftsmans on huge lots, but not everything is. I suppose if money was no object for everyone we'd all live in our dream homes. But this is real life.

PP - you can Google the Town of Vienna, which is different from the Fairfax County part of Vienna, and has town taxes, its own police force, etc.

I lived in this area for some time and would even GO WALKING and see lots of other people walking. My kid even has friends that live in the very TH community this TH is in. They are very nice people with jobs and hobbies. The mom even owns a Peloton, if you can imagine a Peloton being in such a home. The TH communities are generally pretty nice/upscale for townhomes. There are one are two older TH communities that aren't as modern, but they are well kept.

Obviously, a TH in this area isn't going to check all the boxes for every buyer, but you're right around the corner from Tyson's and the Beltway and your kid's schools (elementary, middle, and HS) are all less than five minutes away. There are tons of kids and families in this area.

Is this denoted differently in Redfin? Or any reference addresses/landmarks I can use to see where the town is in relation to where this is?

Have you never used Google Maps? If that is too difficult, the Town of Vienna website has boundary maps.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Market is turning and areas like Vienna and further out will be hit first.

Oh please, this isn't about being far out, this townhome is right next to the beltway.

But this is an area called Vienna, but not the nicer part, and definitely not in the Town. This is right off Gallows Rd and a lot of lower SES older townhomes and smaller office buildings are nearby. Also zoned for Freedom Hill Elementary, not one of the top elementary schools.

What part of Vienna is considered “the town” and a nicer area than this? I’m in the very preliminary research stage not ready to buy for a while but am trying to drive around and get a look at various areas. Is everything off Gallows considered hectic - as that area seems very commercial to me?

That area is not nice. Go down 123 into the town of Vienna.

BS - this area is fine. It's not full of $2million Craftsmans on huge lots, but not everything is. I suppose if money was no object for everyone we'd all live in our dream homes. But this is real life.

PP - you can Google the Town of Vienna, which is different from the Fairfax County part of Vienna, and has town taxes, its own police force, etc.

I lived in this area for some time and would even GO WALKING and see lots of other people walking. My kid even has friends that live in the very TH community this TH is in. They are very nice people with jobs and hobbies. The mom even owns a Peloton, if you can imagine a Peloton being in such a home. The TH communities are generally pretty nice/upscale for townhomes. There are one are two older TH communities that aren't as modern, but they are well kept.

Obviously, a TH in this area isn't going to check all the boxes for every buyer, but you're right around the corner from Tyson's and the Beltway and your kid's schools (elementary, middle, and HS) are all less than five minutes away. There are tons of kids and families in this area.

Is this denoted differently in Redfin? Or any reference addresses/landmarks I can use to see where the town is in relation to where this is?

Have you never used Google Maps? If that is too difficult, the Town of Vienna website has boundary maps.

This is a couple of miles from the Town border.

[Anonymous]

The ton, like in bridgerton haha

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Market is turning and areas like Vienna and further out will be hit first.

Oh please, this isn't about being far out, this townhome is right next to the beltway.

But this is an area called Vienna, but not the nicer part, and definitely not in the Town. This is right off Gallows Rd and a lot of lower SES older townhomes and smaller office buildings are nearby. Also zoned for Freedom Hill Elementary, not one of the top elementary schools.

What part of Vienna is considered “the town” and a nicer area than this? I’m in the very preliminary research stage not ready to buy for a while but am trying to drive around and get a look at various areas. Is everything off Gallows considered hectic - as that area seems very commercial to me?

That area is not nice. Go down 123 into the town of Vienna.

BS - this area is fine. It's not full of $2million Craftsmans on huge lots, but not everything is. I suppose if money was no object for everyone we'd all live in our dream homes. But this is real life.

PP - you can Google the Town of Vienna, which is different from the Fairfax County part of Vienna, and has town taxes, its own police force, etc.

I lived in this area for some time and would even GO WALKING and see lots of other people walking. My kid even has friends that live in the very TH community this TH is in. They are very nice people with jobs and hobbies. The mom even owns a Peloton, if you can imagine a Peloton being in such a home. The TH communities are generally pretty nice/upscale for townhomes. There are one are two older TH communities that aren't as modern, but they are well kept.

Obviously, a TH in this area isn't going to check all the boxes for every buyer, but you're right around the corner from Tyson's and the Beltway and your kid's schools (elementary, middle, and HS) are all less than five minutes away. There are tons of kids and families in this area.

Is this denoted differently in Redfin? Or any reference addresses/landmarks I can use to see where the town is in relation to where this is?

Use 22180 zip code as a proxy.

[Anonymous]

Anonymous wrote:The ton, like in bridgerton haha

Ha ha - a couple of these posts definitely bring up that vibe!

[Anonymous]

I live in an area of "Vienna" outside TOV; it's basic, nothing fancy and a house in the neighborhood just sold for +100K over asking. It was spruced up a bit for sale, but it's a fairly modest area by DCUM standards.

This listing referred to is kind of a between the highways area (Gallows & the Beltway); I wouldn't enjoy that kind of neighborhood because it's neither in a town nor out where you'd have good outdoor space. Plus even if there are sound barriers, you are close to a ton of traffic day and night.

[Anonymous]

There’s nothing wrong with living there. It’s just not ever going to be a desirable area. And the sales price will reflect that.

[Anonymous]

Anonymous wrote:8028 Trevor Place, Vienna - 2400 sqft, 3 bed TH reduced from 850k to 830k. Any idea why? Is it something about the location that I'm missing? House itself seems fine - not the super greatest but not like you'd have to do incredibly expensive reno either.

And now down to 799.9k. I'm kind of surprised.

[Anonymous]

Anonymous wrote:

Anonymous wrote:8028 Trevor Place, Vienna - 2400 sqft, 3 bed TH reduced from 850k to 830k. Any idea why? Is it something about the location that I'm missing? House itself seems fine - not the super greatest but not like you'd have to do incredibly expensive reno either.

And now down to 799.9k. I'm kind of surprised.

The market has turned. People are worried about a recession next year and even pulling out of ratified contracts.

https://wapo.st/3LwJnXv

[Anonymous]

Anonymous wrote:

Anonymous wrote:8028 Trevor Place, Vienna - 2400 sqft, 3 bed TH reduced from 850k to 830k. Any idea why? Is it something about the location that I'm missing? House itself seems fine - not the super greatest but not like you'd have to do incredibly expensive reno either.

And now down to 799.9k. I'm kind of surprised.

Spring market is cooling down, same as it does every year. More inventory, more choices, overpriced properties sit until they’re priced right. Same as it ever was.