The thread for the, "buying under $600,000," crowd.

[Anonymous]

Anonymous wrote:

Anonymous wrote:
I don't think you are familiar with the fairfax county inspection and assessment process. New homes and renovations usually take over a year to be recorded.

The icare record still shows
Year Addition 2005
Year House Remodeled {blank}

So the assesment has not changed yet.

Appreciation is happening everywhere, it didn't stop in that part of fairfax county. In fact as more and more of the re-development is completed, appreciation will continue at a steady pace.

Have you looked at the market? There aren't any other homes of that size in that school district for less than 625K so this appears to be properly priced.

I just found this smaller home that went under contract immediately in a bidding war starting at 550k http://www.redfin.com/VA/Falls-Church/7529-Lisle-Ave-22043/home/9471255

Either way, the county does not yet appear to have made any determination that the house is of any better than "Average" construction quality or "Fair" condition. The flipper is asking $230K more than what he paid for the house six months ago, but the renovations appear to be largely cosmetic.

As for the school district, you can find plenty of houses in the price range in the Woodson and West Springfield districts, which most would consider preferable to Marshall (they are both AP schools, whereas Marshall has the less popular IB program). And, if you want IB, you can get the exact same IB diploma at Annandale, Stuart and several other schools with more affordable homes.

I still think this house is unattractive and greatly overpriced.

That is your opinion.

But I would say that Woodson and Springfield are good schools as well in a different location. Why do you think that IB would be less desirable? George Mason High is IB and is well rated and so is Marshall. Are you suggesting that IB is bad and that a lower rated school is the same as Marshall because they both have IB programs? I fail to see any validity in your logic.

[Anonymous]

Anonymous wrote:Here are some nice houses around $600K in the Woodson and West Springfield districts:

http://franklymls.com/FX8330156

http://franklymls.com/FX8300908

Those are nice! Thanks for posting those. You can also get some of the smaller houses in Holmes Run Acres in this price range.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Here are some nice houses around $600K in the Woodson and West Springfield districts:

http://franklymls.com/FX8330156

http://franklymls.com/FX8300908

Those are nice! Thanks for posting those. You can also get some of the smaller houses in Holmes Run Acres in this price range.

I think that the schools in Holmes Run Acres are not that good compared to Woodson or West Springfield.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
I don't think you are familiar with the fairfax county inspection and assessment process. New homes and renovations usually take over a year to be recorded.

The icare record still shows
Year Addition 2005
Year House Remodeled {blank}

So the assesment has not changed yet.

Appreciation is happening everywhere, it didn't stop in that part of fairfax county. In fact as more and more of the re-development is completed, appreciation will continue at a steady pace.

Have you looked at the market? There aren't any other homes of that size in that school district for less than 625K so this appears to be properly priced.

I just found this smaller home that went under contract immediately in a bidding war starting at 550k http://www.redfin.com/VA/Falls-Church/7529-Lisle-Ave-22043/home/9471255

Either way, the county does not yet appear to have made any determination that the house is of any better than "Average" construction quality or "Fair" condition. The flipper is asking $230K more than what he paid for the house six months ago, but the renovations appear to be largely cosmetic.

As for the school district, you can find plenty of houses in the price range in the Woodson and West Springfield districts, which most would consider preferable to Marshall (they are both AP schools, whereas Marshall has the less popular IB program). And, if you want IB, you can get the exact same IB diploma at Annandale, Stuart and several other schools with more affordable homes.

I still think this house is unattractive and greatly overpriced.

That is your opinion.

But I would say that Woodson and Springfield are good schools as well in a different location. Why do you think that IB would be less desirable? George Mason High is IB and is well rated and so is Marshall. Are you suggesting that IB is bad and that a lower rated school is the same as Marshall because they both have IB programs? I fail to see any validity in your logic.

Mason is different because it's the only high school in Falls Church City. Parents and students in FCPS prefer AP. When FCPS tried to turn Woodson into an IB school, the parents demanded that FCPS restore AP.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Here are some nice houses around $600K in the Woodson and West Springfield districts:

http://franklymls.com/FX8330156

http://franklymls.com/FX8300908

Those are nice! Thanks for posting those. You can also get some of the smaller houses in Holmes Run Acres in this price range.

I think that the schools in Holmes Run Acres are not that good compared to Woodson or West Springfield.

Are you saying a kid can't get a good education at Jackson MS/Falls Church HS? Jackson has AAP and US News has ranked FCHS in the top 50 in the state the past two years running.

[Anonymous]

Did that one Fernlee house sell in West Springfield?

[Anonymous]

Anonymous wrote:Did that one Fernlee house sell in West Springfield?

Not yet. It's only been listed four days.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Did that one Fernlee house sell in West Springfield?

Not yet. It's only been listed four days.

I can't find the listing. Didn't someone link it here? Want to send to my realtor because he can't find it either.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Did that one Fernlee house sell in West Springfield?

Not yet. It's only been listed four days.

I can't find the listing. Didn't someone link it here? Want to send to my realtor because he can't find it either.

It's Fernleigh, not Fernlee. Does that help?

[Anonymous]

Listing for Fernleigh house: http://franklymls.com/FX8327721

Good luck.

[Anonymous]

Thanks both of you!

[Anonymous]

Anonymous wrote:

Anonymous wrote:This one just hit and it's pretty nice and completely renovated with tons of space

http://www.redfin.com/VA/Falls-Church/7414-Paxton-Rd-22043/home/9471718

Gone

[Anonymous]

Anonymous wrote:This one just hit and it's pretty nice and completely renovated with tons of space

http://www.redfin.com/VA/Falls-Church/7414-Paxton-Rd-22043/home/9471718

Gone

[Anonymous]

Here are two nice houses, less thank 600k, in Takoma Park/close in Silver Spring:

http://www.redfin.com/MD/Silver-Spring/501-Margaret-Dr-20910/home/10976305

http://www.redfin.com/MD/Silver-Spring/747-Silver-Spring-Ave-20910/home/10968282

[Anonymous]

Anonymous wrote:

Anonymous wrote:This one just hit and it's pretty nice and completely renovated with tons of space

http://www.redfin.com/VA/Falls-Church/7414-Paxton-Rd-22043/home/9471718

Gone

And soon to be forgotten.