Is this house in N. Arlington a good deal?
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Anonymous
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The outside is hideaous but the inside is nice and the location is great: http://www.redfin.com/VA/Arlington/1831-N-Culpeper-St-22207/home/11234564
Do you think this is a good price point for the house? Would you pay full price or try to negotiate less? |
Anonymous
| 4,700 square foot lot? No. |
Anonymous
| Under contract |
Anonymous
Yes, I am aware. We made an offer on the house for $10K less than asking. I am wondering if we should have offered asking price. Or rather do you think it's worth the asking price? |
Anonymous
...annnd will be torn down in a month... wheeeee! |
Anonymous
OP here. How do you know that it will be torn down? If our offer would have been accepted we would have lived in it, not torn it down. Arghh so frustrating. Its so tough to buy in this area...the developers are buying up land so fast in the desirable areas, tearing down the houses and building new...which prices me out of an otherwise affordable home and area. |
Anonymous
you need to offer more and reset your expectations |
Anonymous
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realistically- I think it will be torn down. I don't have any insider information, but I would imagine that it was sold to a cash buyer- possibly above list price.
The listing price was essentially the value of the land. While you might have lived in it- the land is just worth too much to have that small cruddy house on it. |
Anonymous
| Offering under asking on an entry-level property in North Arlington is not going to get you a house right now. There are approximately 400 threads about this. |
Anonymous
Not familiar with bulding codes in Arlington, but 4700 square feet seems like a very small lot for a new build. |
Anonymous
| OP, I'm sorry that you are once again falling victim to DCUM snark. I live near that house and the trend in that neighborhood for the past 1-3 years has been to tear down the older, smaller homes (some of which, to be fair, are in poor shape) and build something bigger on top. We are looking in the $600k price range and are also competing against cash buyers who will tear down a place that we would actually be living in. It is incredibly frustrating and it does disappoint me that N Arlington continues to become more and more unaffordable by the day. All of that said, keep your eye on that neighborhood if it is one you are interested in because other properties may become available. I wish you luck. |
Anonymous
| Yikes, isn't that near Hall's Hill? |
Anonymous
| It is in fact in Hall's Hill, which is obviously scary to many on this site but is the last place in N Arlington that offers any SFH in that price range. Also it's unclear to me why that's such an awful neighborhood. |
Anonymous
What does this mean? What's wrong with Hall's Hill? |
Anonymous
"History of High View Park & Hall's Hill High View Park, originally known and still treasured as Hall's Hill, is the oldest enclave in Northern Virginia that was settled shortly after the Civil War by newly freed slaves. The community's origin derived from two distinct names. Halls Hill, initially singled out as the upper section of the community, originated from a portion of the estates of William Marcey and Bazil Hall, who sold most of his land to his freed slaves for about sixty cents an acre and from whom the community takes its name; High View,Park, was referred to as "the bottom of the hill" or lower section of the community, until 1965 when it was renamed to include the entire area because of its spectacular view in the County. High View Park has maintained its identity as one of the few surviving predominately Black communities in Arlington County for over 100 years, and holds the distinction of fostering at least four generations of Black families whose roots date back to the founding of the community. " |