This, lol. People who claim to like small houses are dealing with copium for not being able to afford a large one. Large and new is better in every single way. Recently sold my dental practice and purchased a palatial estate in Potomac and I’m never looking back. |
| I find it annoying when someone puts up a monstrosity in a beautiful older neighborhood. Older homes are just more lovely, and highly desirable. The new cardboard homes lower everyone’s property value. |
Not true. We could easily have a bigger house then we do but chose to renovate and slightly add on to our existing SFH in the District. Not an open floor plan, decent sized kitchen but small enough that I can shoo visiting family out while I cook, enough room for us and the kids but not so big we won't bounce around when they leave. Bonus points - it is updated enough that it won't be torn down and replaced with a cookie cutter monstrosity. Read the "Not So Big House" if you don't believe me - or look at the Tiny House movement. |
We laugh at those houses. I mean if it makes you happy that’s great for you but I have zero desire to live there. |
Me I can't rationalize living in a small old house, townhouse or apartment just to be in a good school district. The math doesn't grok. |
| It's possible to double the size of the smaller, older homes by putting an addition on; most in our neighborhood have. It's not a question of small and old vs big and new. There are plenty of houses in the middle with arguably the best of both - maintaining the look from the front but plenty of space once you're inside. But this isn't cost effective for developers, hence them just tearing down old cape cods etc to throw up one of their pre-designed models. |
I don't get the "new" comment. There are plenty of amazing, super expensive old homes on palatial estates. They are usually fully updated, so it's not as though anyone is missing out on any creature comfort. The most expensive homes in DC (which are way higher priced than any Potomac listings) are all usually 100+ years old. |
This is obviously untrue because of the many people who choose to pay a premium for smaller homes in dense, urban neighborhoods. If everyone really preferred bigger and newer, then why would anyone ever spend $3.5 million on a row house in the city? Look at the cost of NYC, Tokyo, or Hong Kong real estate. Lots of wealthy people choosing to live in homes with less square footage than your average midwest suburban ranch house. Also, as any wealthy person who lives in a small urban home knows, paying people to create custom built ins and organization systems is worth way more than whatever an extra 1000 sq ft out in the burbs would cost you. It looks better, it's more convenient, and it leads to a better lifestyle. The big suburban homes often make things big with the assumption that people will just fill them up with crap. That is a poor person's habit. If you have the money, you can be smart and selective about what you keep in your home, and you can afford to have it perfectly curated. |
Did you put a giant fountain in the front? Classy! |
There is absolutely a market for original builds for the non-rich. They are in short supply and sell faster thsn new mcmansions. But the reason the original builds are being torn down is because of investors. Not because they are in such high demand. There's no money in quick flips anymore. That was so 2000s and 2010s. |
| I meant new builds are not in high demand. but they do generate invome |
There is such a thing as too large. And new does not automatically equate quality or superiority. I can afford a bigger house. But I don't want a bigger house. I will agree once you reach a certain threshold there is diminishing returns for the extra square footage, which starts to become more of a hassle. For me that threshold is between 3,000 and 3,500 sqft. I allow a range because square footage isn't the only factor in what makes a house more liveable. I have absolutely no desire to live in a big echoing barn, which is what many of those very large suburban houses are. |
Weird comment. Are you really that insecure? My house was built in 1956 but has a total of 4000 sq ft of finished space on a 1-acre lot inside the Beltway. It’s solid brick with custom millwork and all the energy-efficient updates. Better than much of the cardboard new construction going around everywhere. |
Not the case in our neighborhood, and I am loving it. Our McLean homes value has appreciated from $1.0M to $1.9M in 7 years, due in large part to the many big new homes being built on our street. |
| OP here. To be clear, I'm not saying there isn't a place for the older and more affordable smaller homes inside the beltway - I just don't get why so many people expect these neighborhoods to remain locked in time for over 75-100 years. There will be demand for these homes because we can't all afford $2.5M+ homes (myself included) and some people actually prefer smaller homes. But this constant labeling of virtually any new build that is big as a "monstrosity" or "mcmansion" is overdone. And I think people have to accept that a lot of professionals in this are CAN afford $2M+ homes, do want larger homes and want to live inside the beltway too, so this will keep happening all over... whether we like the changes or not. |