Why can't a nice, normal house like this be in our price range?

[Anonymous]

Anonymous wrote:"almost all errands involve a car"

If I had to spend $1mil for a house, I damn sure would buy one where I could walk to buy a loaf of bread.

You poor?

[Anonymous]

This house sucks I would pay the extra to buy new

[Anonymous]

That house is $500k in Silver Spring

[Anonymous]

OP, how much do you think that house should sell for?

[Anonymous]

Anonymous wrote:This house sucks I would pay the extra to buy new

It is definitely a tear down. Shitshacks like this are $12 Million a dozen in Arlington.

[Anonymous]

Op, what no one here wants to talk about or realizes,perhaps, is that in major US cities, the prices have been driven insanely high by foreign investors who buy houses just like this, as a place to park cash. Yes demand plays a part in the price, but most of the houses are priced way way way above. In NY, at least you have Wall Street salaries. Here you have a few lawyers, and a ton of gov't workers.

[Anonymous]

Because this area sucks! I never thought shit shacks would cost a million dollars-the city is crime ridden-yet a shit shack cost a million plus. The schools are not even that great.l Sad.

[Anonymous]

Anonymous wrote:Adorable + Wolf range + dead end street < 15 minutes from the White House + probably the best school district in Arlington = a million dollars.

Sorry.

Yep.
That's the way it is. You need to make peace with it. I've been here 15 years and accepted that we can't afford that.

[Anonymous]

Arlington's government workers are often limited to lawyers who worked at law firms long enough to pay off student loans and amass enough to make a large enough down payment to buy a house and then take government jobs. The people who now buy in Arlinfton are consultants, techies, lawyers, a few doctors who are still paid well and people who won the parent or grandparent wealth transfer lottery

There is little foreign investment in Arlinfton, particularly in single family homes. Many condos were bought mid-century by foreign investors but they smartly dumped them when the market improved. Gpforeign investors may buy in Turnberry or Watervuew but it us mire likely for their occasional use or their relatives attending a local university.

Schools and location drive housing demand in Arlington.

[Anonymous]

Anonymous wrote:Because this area sucks! I never thought shit shacks would cost a million dollars-the city is crime ridden-yet a shit shack cost a million plus. The schools are not even that great.l Sad.

I sad too.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Adorable + Wolf range + dead end street < 15 minutes from the White House + probably the best school district in Arlington = a million dollars.

Sorry.

Yep.
That's the way it is. You need to make peace with it. I've been here 15 years and accepted that we can't afford that.

+1. Also, a 5 bedroom, 2600 square foot house is not really "nice and normal" in this area. That's a really nice, renovated, and large house. Probably twice the size of the houses our parents grew up in in the post-War period.

[Anonymous]

Anonymous wrote:OP, how much do you think that house should sell for?

Ideally, right around 750k. Because that's what we could afford. I do realize that there's no way that house won't go quickly for the price it's at now. It looks lovely. And we are a two-income, 160k HHI family in a city where many, many people make more than we do. So I do understand we will never be able to afford a house that meets all our wants. (We are lucky to be in a great house in a great neighborhood that has doubled in value in the decade since we bought it. So we are beneficiaries of the housing boom, too.)

It's just that there is something so normal about that house. When I was growing up, I'd have been shocked to hear that I'd live in a place where our incomes couldn't buy that house.

[Anonymous]

Anonymous wrote:Adorable + Wolf range + dead end street < 15 minutes from the White House + probably the best school district in Arlington = a million dollars.

Sorry.

Rat race = a lot of rats.

Anyway, who really wants to live near someone who talks about "the best school district in Arlington"? It screams NoAr douchebag.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Adorable + Wolf range + dead end street < 15 minutes from the White House + probably the best school district in Arlington = a million dollars.

Sorry.

Yep.
That's the way it is. You need to make peace with it. I've been here 15 years and accepted that we can't afford that.

+1. Also, a 5 bedroom, 2600 square foot house is not really "nice and normal" in this area. That's a really nice, renovated, and large house. Probably twice the size of the houses our parents grew up in in the post-War period.

My parents had 3000sf home, they weren't blue collar

[Anonymous]

Anonymous wrote:

Anonymous wrote:OP, how much do you think that house should sell for?

Ideally, right around 750k. Because that's what we could afford. I do realize that there's no way that house won't go quickly for the price it's at now. It looks lovely. And we are a two-income, 160k HHI family in a city where many, many people make more than we do. So I do understand we will never be able to afford a house that meets all our wants. (We are lucky to be in a great house in a great neighborhood that has doubled in value in the decade since we bought it. So we are beneficiaries of the housing boom, too.)

It's just that there is something so normal about that house. When I was growing up, I'd have been shocked to hear that I'd live in a place where our incomes couldn't buy that house.

I love how you expect a close in house in a desirable neighborhood for 750k in our nations capital. Unbelievable.