Union Park - McLean Townhouse not selling?

[Anonymous]

Anonymous wrote:I would not buy any of those units - at any price. I watched them get built.

Why? What’s wrong with these townhouses?

Are Hallcrest heights or kings manor better?

[Anonymous]

I'd likely pick Kings Manor. Houses built in that era mostly were well built. YMMV.

[Anonymous]

Imagine living on the top unit. "I forgot my keys I left in my bedroom...four flights of stairs!"

[Anonymous]

Anonymous wrote:I'd likely pick Kings Manor. Houses built in that era mostly were well built. YMMV.

Read the posts about how some of those Kings Manor townhouses are smelly now with water damage. Time takes its toll on those structures.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I'd likely pick Kings Manor. Houses built in that era mostly were well built. YMMV.

Read the posts about how some of those Kings Manor townhouses are smelly now with water damage. Time takes its toll on those structures.

Those houses were much better built than is typical for modern houses of similar size. Many are well maintained and in good shape.

If any house has water damage, one almost always will smell it. So it is unlikely to be hidden damage - and so it is easy to avoid buying a lemon.

[Anonymous]

You’d need a thick skin to live in a townhouse and send your kid to Langley. They look down on kids who don’t live in big houses.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:How much would you offer?

$650K at the most. It's horrifically dated, and I'd be worried about noise from the upstairs owners in a building like this. It's not a high rise, so they probably used wood between floors, which means if your upstairs neighbors play loud music or stomp while walking, you'll probably hear it all.

That’s about $200K less than any similar unit at Union Park has sold over the past year. You aren’t playing with a full deck.

Redfin conveniently linked to a couple of the recent sales:
https://www.redfin.com/VA/McLean/7421-Backett-Wood-Ter-22102/unit-1311/home/177559736
https://www.redfin.com/VA/McLean/7405-Backett-Wood-Ter-22102/home/197305506

If you think this one is anywhere close to as nice as those, you're not playing with a full deck. $650K is the right price for a dated condo. Anyone is of course free to overpay.

You are being too generous. I wouldn’t pay more than $350K for this. It’s townhome. It will never appreciate. If you want to throw money down the drain, go for it.

[Anonymous]

Anonymous wrote:You’d need a thick skin to live in a townhouse and send your kid to Langley. They look down on kids who don’t live in big houses.

It sounds like you have a thin skin.

[Anonymous]

It’s not worth that price. It’s small, the kitchen/living/dining is small, it’s a one car garage, the bedrooms are tiny, no real counter space in the kitchen. Buildings of less than five stories don’t need steel reinforcement, so it’s probably just wood. So it’d a starter condo for someone who works at Mitre or something else nearby, and those places aren’t hiring right now. If you had the entire stack of four floors and a two car garage it would be too many stairs, but worth more.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:How much would you offer?

$650K at the most. It's horrifically dated, and I'd be worried about noise from the upstairs owners in a building like this. It's not a high rise, so they probably used wood between floors, which means if your upstairs neighbors play loud music or stomp while walking, you'll probably hear it all.

That’s about $200K less than any similar unit at Union Park has sold over the past year. You aren’t playing with a full deck.

Redfin conveniently linked to a couple of the recent sales:
https://www.redfin.com/VA/McLean/7421-Backett-Wood-Ter-22102/unit-1311/home/177559736
https://www.redfin.com/VA/McLean/7405-Backett-Wood-Ter-22102/home/197305506

If you think this one is anywhere close to as nice as those, you're not playing with a full deck. $650K is the right price for a dated condo. Anyone is of course free to overpay.

You are being too generous. I wouldn’t pay more than $350K for this. It’s townhome. It will never appreciate. If you want to throw money down the drain, go for it.

These units are selling for over $800K. You are totally delusional about DC area real estate. Have you considered moving to Omaha?