Old Money Neighborhoods

[Anonymous]

Anonymous wrote:

Anonymous wrote:Hahahah. McLean. The money there is so new you can see the jack lee signature on the bills.

DC is old money.

Who are you kidding? DC is mostly poor and the money there is mostly new and came out of the pockets of taxpayers in Iowa. You could round up all the old money in DC and it would take up two blocks in Locust Valley.

Because the lobbyists and lawyers and defense contractors in McLean aren't living directly or indirectly off the power of the Federal Govt.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Hahahah. McLean. The money there is so new you can see the jack lee signature on the bills.

DC is old money.

Who are you kidding? DC is mostly poor and the money there is mostly new and came out of the pockets of taxpayers in Iowa. You could round up all the old money in DC and it would take up two blocks in Locust Valley.

You are fucking stupid. Drive through 20008, 20007 and 20016 and then knock on some of the doors of the old wasps that ran the OSS or built the Giant chain. You don't know shit.

Most of those people are dead and their homes get purchased by social climbers who bundle money for politicians, try to get appointed as ambassadors, and pass themselves off as old money when they are as new money as it gets. Go fuck yourself.

[Anonymous]

There you go
http://foxhillresidences.com/

[Anonymous]

Anonymous wrote:
Maybe in big SFH's - people looking at smaller (and closer in) units sure to do look at price per sq ft. If you are trying to give a metric of an area's desirability, it seems worthwhile to look at price per sq ft. I mean obviously people do want more sq ft, and will pay for it, so that a place with very large houses has high prices is going to be true even if people have no partiucular preference for it.

You can find plenty of places with large, inexpensive houses. They just don't include the sought-after suburbs of DC.

[Anonymous]

Anonymous wrote:

Anonymous wrote:
Maybe in big SFH's - people looking at smaller (and closer in) units sure to do look at price per sq ft. If you are trying to give a metric of an area's desirability, it seems worthwhile to look at price per sq ft. I mean obviously people do want more sq ft, and will pay for it, so that a place with very large houses has high prices is going to be true even if people have no partiucular preference for it.

You can find plenty of places with large, inexpensive houses. They just don't include the sought-after suburbs of DC.

yeah, but those places have VERY low prices per sq ft - in those places the prices of small houses are even less. I mean Im not sure of your point. Is that McLean is pricier that Toledo? That is priciert than PG county, or PWC? Well, er, sure.

Its not pricier per square foot, AFAICT, than North Arlington is. Or Georgetown. Or Logan Circle. If the zips in McLean and Great Falls have higher average house prices, its because the units are bigger.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
Maybe in big SFH's - people looking at smaller (and closer in) units sure to do look at price per sq ft. If you are trying to give a metric of an area's desirability, it seems worthwhile to look at price per sq ft. I mean obviously people do want more sq ft, and will pay for it, so that a place with very large houses has high prices is going to be true even if people have no partiucular preference for it.

You can find plenty of places with large, inexpensive houses. They just don't include the sought-after suburbs of DC.

yeah, but those places have VERY low prices per sq ft - in those places the prices of small houses are even less. I mean Im not sure of your point. Is that McLean is pricier that Toledo? That is priciert than PG county, or PWC? Well, er, sure.

Its not pricier per square foot, AFAICT, than North Arlington is. Or Georgetown. Or Logan Circle. If the zips in McLean and Great Falls have higher average house prices, its because the units are bigger.

The latest sales data shows sales in McLean/22101 at a higher per square foot cost than either the 22207 or 22205 zip codes in Arlington. And, of course, houses in McLean typically have more square feet, and are on larger lots, than houses in Arlington.

Most residential buyers of means in this area, at least of single-family properties, focus on the total spend, not price per square foot. They aren't buying studio apartments.

[Anonymous]

Anonymous wrote:

OMG! Where did you get that picture? I swear it's the place my parents live!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
Maybe in big SFH's - people looking at smaller (and closer in) units sure to do look at price per sq ft. If you are trying to give a metric of an area's desirability, it seems worthwhile to look at price per sq ft. I mean obviously people do want more sq ft, and will pay for it, so that a place with very large houses has high prices is going to be true even if people have no partiucular preference for it.

You can find plenty of places with large, inexpensive houses. They just don't include the sought-after suburbs of DC.

yeah, but those places have VERY low prices per sq ft - in those places the prices of small houses are even less. I mean Im not sure of your point. Is that McLean is pricier that Toledo? That is priciert than PG county, or PWC? Well, er, sure.

Its not pricier per square foot, AFAICT, than North Arlington is. Or Georgetown. Or Logan Circle. If the zips in McLean and Great Falls have higher average house prices, its because the units are bigger.

The latest sales data shows sales in McLean/22101 at a higher per square foot cost than either the 22207 or 22205 zip codes in Arlington. And, of course, houses in McLean typically have more square feet, and are on larger lots, than houses in Arlington.

Most residential buyers of means in this area, at least of single-family properties, focus on the total spend, not price per square foot. They aren't buying studio apartments.

None of those three appear to make this list

http://dc.urbanturf.com/articles/blog/paying_a_premium_the_highest_prices_per_square_foot_in_dc/7987


But congrats on beating North Arlington.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
Maybe in big SFH's - people looking at smaller (and closer in) units sure to do look at price per sq ft. If you are trying to give a metric of an area's desirability, it seems worthwhile to look at price per sq ft. I mean obviously people do want more sq ft, and will pay for it, so that a place with very large houses has high prices is going to be true even if people have no partiucular preference for it.

You can find plenty of places with large, inexpensive houses. They just don't include the sought-after suburbs of DC.

yeah, but those places have VERY low prices per sq ft - in those places the prices of small houses are even less. I mean Im not sure of your point. Is that McLean is pricier that Toledo? That is priciert than PG county, or PWC? Well, er, sure.

Its not pricier per square foot, AFAICT, than North Arlington is. Or Georgetown. Or Logan Circle. If the zips in McLean and Great Falls have higher average house prices, its because the units are bigger.

The latest sales data shows sales in McLean/22101 at a higher per square foot cost than either the 22207 or 22205 zip codes in Arlington. And, of course, houses in McLean typically have more square feet, and are on larger lots, than houses in Arlington.

Most residential buyers of means in this area, at least of single-family properties, focus on the total spend, not price per square foot. They aren't buying studio apartments.

None of those three appear to make this list

http://dc.urbanturf.com/articles/blog/paying_a_premium_the_highest_prices_per_square_foot_in_dc/7987


But congrats on beating North Arlington.

LOL, $/sf that's a dumb measure, here are the most expensive homes sold in DC, #1 is McLean and many more McLean homes

http://www.washingtonpost.com/blogs/where-we-live/wp/2014/01/09/top-10-most-expensive-homes-sold-in-the-washington-d-c-region-in-2013/

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
Maybe in big SFH's - people looking at smaller (and closer in) units sure to do look at price per sq ft. If you are trying to give a metric of an area's desirability, it seems worthwhile to look at price per sq ft. I mean obviously people do want more sq ft, and will pay for it, so that a place with very large houses has high prices is going to be true even if people have no partiucular preference for it.

You can find plenty of places with large, inexpensive houses. They just don't include the sought-after suburbs of DC.

yeah, but those places have VERY low prices per sq ft - in those places the prices of small houses are even less. I mean Im not sure of your point. Is that McLean is pricier that Toledo? That is priciert than PG county, or PWC? Well, er, sure.

Its not pricier per square foot, AFAICT, than North Arlington is. Or Georgetown. Or Logan Circle. If the zips in McLean and Great Falls have higher average house prices, its because the units are bigger.

The latest sales data shows sales in McLean/22101 at a higher per square foot cost than either the 22207 or 22205 zip codes in Arlington. And, of course, houses in McLean typically have more square feet, and are on larger lots, than houses in Arlington.

Most residential buyers of means in this area, at least of single-family properties, focus on the total spend, not price per square foot. They aren't buying studio apartments.

None of those three appear to make this list

http://dc.urbanturf.com/articles/blog/paying_a_premium_the_highest_prices_per_square_foot_in_dc/7987


But congrats on beating North Arlington.

LOL, $/sf that's a dumb measure, here are the most expensive homes sold in DC, #1 is McLean and many more McLean homes

http://www.washingtonpost.com/blogs/where-we-live/wp/2014/01/09/top-10-most-expensive-homes-sold-in-the-washington-d-c-region-in-2013/

does the expression "apples to apples" mean anything to you? The average price of a car purchased in McLean is probably higher, than elsewhere, but that does not make a BMW in McLean more desirable than BMW purchased elsewhere, and ditto for a Civic, and for a Hummer.

$/ sq ft iis an excellent measure, since it adjusts for size of the house, which matters. If it did not why would people pay so much for large houses?

[Anonymous]

Price per detached single-family home is a perfectly good, and common, metric. Great Falls and McLean typically are at the top. People with more to spend prefer bigger apples.

[Anonymous]

Um.. why is this important? Is it a social status thing? I guess since I have to ask I'm not old money... ok, I confess...I'm not.

[Anonymous]

I agree with the poster who says it is definitely not McLean - that's all tech money or GOP operatives and former VIPs who have gotten rich off of some defense contractor teat or something of that ilk. The old money is in Belle Haven, the Village of Chevy Chase and Foxhall/Spring Valley in DC.

FWIW everyone I've ever known to move into those 'hoods say that 1) everyone is old; 2) if they are not old and have younger kids, none go to public school; and 3) no one is terribly friendly.

[Anonymous]

To answer OP, old money neighborhoods are: Chevy Chase, Maryland; Wesley Heights (DC), Cleveland Park (DC), Georgetown - to name a few...

[Anonymous]

Anonymous wrote:I agree with the poster who says it is definitely not McLean - that's all tech money or GOP operatives and former VIPs who have gotten rich off of some defense contractor teat or something of that ilk. The old money is in Belle Haven, the Village of Chevy Chase and Foxhall/Spring Valley in DC.

FWIW everyone I've ever known to move into those 'hoods say that 1) everyone is old; 2) if they are not old and have younger kids, none go to public school; and 3) no one is terribly friendly.

Most of Spring Valley is new because of the rebuilding due to the chemical spills.