TH near Ballston- Good Price?

[Anonymous]

Ovechkin lives further North (zoned for Glebe).

Those town homes are near Barrett. They are brand new and nicer than any other town homes around there, but personally, I think the lack of outdoor space is a big negative. For that much money, you can get a SFH in Ashton Heights (not 3300 square feet, but raising my child without at least a bit of a yard would have been a disaster).

[Anonymous]

the yard thing is a matter of opinion- there are plenty of parks around, and in fact, a state-of-the-art 800k playground is being built across the street from these THs....

[Anonymous]

Has anyone seen the actual new Buckingham Commons THs from inside, e.g. not the models. They look nice from outside, but wondering how nicely they're done inside. New construction THs seem more rare than you would think in close-in Arlington...

[Anonymous]

I would absolutely not pay 900K for a townhouse in Ballston. You have many other options at that price point.

[Anonymous]

the OP mentioned something the size of 3000+ sq feet...that is a very large home for the area. You'd be hard pressed to find many options at that size, SFH or TH. so regardless of what the pp is willing to pay, these expensive THs from Roslyn to Ballston seem to have no trouble selling quickly, so clearly there is a market for them, even if it's not the pp!

[Anonymous]

Anonymous wrote:I would absolutely not pay 900K for a townhouse in Ballston. You have many other options at that price point.

We live in a similar but smaller th in courthouse and I think it sounds like a decent price, given the sixe, the less desirable neighborhood but brand new construction.

[Anonymous]

Yes, there is definitely a (hot) market for the $900k brand-new TH near Ballston Metro, even if it is not the PP.

To give an idea, I live in a SFH in N Arlington that cost less than $900k, but was still expensive. It is much smaller, much older and in need of repairs/updating. It is also further from the Metro.

I prefer our choice, esp based on budget but also because we enjoy having a yard, being in a family-friendly neighborhood, and having the option to add on in the future.

But our house is definitely NOT 3000 sq ft, NOT brand new, and also not as close to Metro. In N Arlington, brand new houses of that size are usually $1.5 Million, and are not as close to Metro.

[Anonymous]

PP is on the ball-- many people who want newer, high-end homes get more for their buck with a TH, e.g. a same sq foot SFH would cost dramatically more since a TH land footprint is smaller and there is more vertical (the air is still free so far!)....others prefer the land/yard factor. It's all about preferences....Given the price of land in N Arlington, it's no surprise the market is so hot for THs like these...those who don't want to trade off on size and finishings, e.g. quite a few young professional families or those retirees downsizing from larger homes, snap them up....

Plus, with the move towards 'urban' lifestyles, there are a lot of people who don't mind these rowhouse type THs that are being built in N Arlington....they are quite different from the sub-urban townhouse complexes (generally face onto street etc.)

[Anonymous]

Yeah, I don't get why people who would buy an older SFH in Ballston, tear it down, and put up a huge, lot-spanning McMansion would be averse to buying a TH that is essentially the same thing (lot-spanning McMansion). Except that for some, the cache of "SFH"-style McMansion is just too important, I guess.

3000 sq ft for under 900K is a LOT of house in N Arl!

[Anonymous]

Anonymous wrote:Yes, there is definitely a (hot) market for the $900k brand-new TH near Ballston Metro, even if it is not the PP.

To give an idea, I live in a SFH in N Arlington that cost less than $900k, but was still expensive. It is much smaller, much older and in need of repairs/updating. It is also further from the Metro.

I prefer our choice, esp based on budget but also because we enjoy having a yard, being in a family-friendly neighborhood, and having the option to add on in the future.

But our house is definitely NOT 3000 sq ft, NOT brand new, and also not as close to Metro. In N Arlington, brand new houses of that size are usually $1.5 Million, and are not as close to Metro.

Absoutely agree with this assessment. Plus any SFH in n. Arlington anywhere close to metro at $900 k will require a LOT of maintenance and upgrades. Op will have close to none of those expenses with new construction.