Where is the price ceiling in N Arlington?

[Anonymous]

If you are priced out of a teardown, you can always buy a condo. There are quite a few condos for sale in both north and south Arlington.

[Anonymous]

Anonymous wrote:Teardowns near downtown Bethesda were a minimum of $1.5 million a few years back, probably $2 million now. As long as the economy is roaring, this will continue. But if the economy heads south, it will stop.

What is the price ceiling in N. Arlington?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Teardowns near downtown Bethesda were a minimum of $1.5 million a few years back, probably $2 million now. As long as the economy is roaring, this will continue. But if the economy heads south, it will stop.

What is the price ceiling in N. Arlington?

Why don't you look into your crystal ball and tell us?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Teardowns near downtown Bethesda were a minimum of $1.5 million a few years back, probably $2 million now. As long as the economy is roaring, this will continue. But if the economy heads south, it will stop.

What is the price ceiling in N. Arlington?

The highest I have seen is 4.2M in Lyon Village. I am sure there must be something higher in Country Club Hills because the lots are so big there. Anyone else know of higher?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Teardowns near downtown Bethesda were a minimum of $1.5 million a few years back, probably $2 million now. As long as the economy is roaring, this will continue. But if the economy heads south, it will stop.

What is the price ceiling in N. Arlington?

The highest I have seen is 4.2M in Lyon Village. I am sure there must be something higher in Country Club Hills because the lots are so big there. Anyone else know of higher?

https://www.redfin.com/VA/Arlington/2545-N-Ridgeview-Rd-22207/home/183424259

This is the highest house in the last 5 years.

[Anonymous]

Arlington is overpriced given the quality of the schools.

[Anonymous]

Anonymous wrote:Arlington is overpriced given the quality of the schools.

Not for the location, and many people are starting to use private.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Arlington is overpriced given the quality of the schools.

Not for the location, and many people are starting to use private.

People are just paying to be around others who have money. The lots are small and you have other areas that are close in that cost less.

[Anonymous]

Anonymous wrote:Arlington is overpriced given the quality of the schools.

Yes, this is a big reason for choosing McLean. Neighborhoods are much prettier and schools are top tier.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Teardowns near downtown Bethesda were a minimum of $1.5 million a few years back, probably $2 million now. As long as the economy is roaring, this will continue. But if the economy heads south, it will stop.

What is the price ceiling in N. Arlington?

The highest I have seen is 4.2M in Lyon Village. I am sure there must be something higher in Country Club Hills because the lots are so big there. Anyone else know of higher?

https://www.redfin.com/VA/Arlington/2545-N-Ridgeview-Rd-22207/home/183424259

This is the highest house in the last 5 years.

This hasn’t sold yet, but list price is $4,975,000…right on Military Road.

https://www.zillow.com/homedetails/3554-Military-Rd-Arlington-VA-22207/12060213_zpid/

[Anonymous]

Anonymous wrote:

Anonymous wrote:Arlington is overpriced given the quality of the schools.

Yes, this is a big reason for choosing McLean. Neighborhoods are much prettier and schools are top tier.

People paying these prices usually aren't too worried about the public schools. Those days are over in Arlington (and many similarly priced areas).

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Arlington is overpriced given the quality of the schools.

Not for the location, and many people are starting to use private.

People are just paying to be around others who have money. The lots are small and you have other areas that are close in that cost less.

I don't think that's right. The houses cost what they cost and people are paying to be close to work or whatever else is attracting them to DC.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Teardowns near downtown Bethesda were a minimum of $1.5 million a few years back, probably $2 million now. As long as the economy is roaring, this will continue. But if the economy heads south, it will stop.

What is the price ceiling in N. Arlington?

The highest I have seen is 4.2M in Lyon Village. I am sure there must be something higher in Country Club Hills because the lots are so big there. Anyone else know of higher?

https://www.redfin.com/VA/Arlington/2545-N-Ridgeview-Rd-22207/home/183424259

This is the highest house in the last 5 years.

If you look through the Arlington zip codes on realtor sites for prior house sales, you'll find higher.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Arlington is overpriced given the quality of the schools.

Not for the location, and many people are starting to use private.

People are just paying to be around others who have money. The lots are small and you have other areas that are close in that cost less.

What areas are you thinking of?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Arlington is overpriced given the quality of the schools.

Not for the location, and many people are starting to use private.

People are just paying to be around others who have money. The lots are small and you have other areas that are close in that cost less.

Such as?