Why is this McLean house so expensive?

[Anonymous]

Anonymous wrote:42 comments on the owner's Facebook post about putting her house on the market and not a singler one of her "friends" has the guts to say, "are you out of your ever-loving mind?" Seriously, I have seen many delusional sellers in this market, but this is outrageous. I hope it backfires.

Is all the remodeling new? Two years ago the yard was overgrown and the house looked abandoned.

[Anonymous]

I won't consider it for more than $900k as a tear down.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I live near there.

Neighborhood is super expensive. Some of the most expensive homes there other than Turkey Run area.

Lots of homes 5-10 million around there.

However this is way too expensive. Maybe should sell for 2.5-3.

House is tiny. Lot is tiny.

It is way too small to tear down and build 10k sqft home. So I don’t think it would be attractive for a builder.

It's 4200 sq feet. That's not tiny but it definitely presents as more cottage than mansion. Darling house.

Only 2500 is above grade.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I live near there.

Neighborhood is super expensive. Some of the most expensive homes there other than Turkey Run area.

Lots of homes 5-10 million around there.

However this is way too expensive. Maybe should sell for 2.5-3.

House is tiny. Lot is tiny.

It is way too small to tear down and build 10k sqft home. So I don’t think it would be attractive for a builder.

It's 4200 sq feet. That's not tiny but it definitely presents as more cottage than mansion. Darling house.

Only 2500 is above grade.

Your point is? the 1700 below grade is finished.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I live near there.

Neighborhood is super expensive. Some of the most expensive homes there other than Turkey Run area.

Lots of homes 5-10 million around there.

However this is way too expensive. Maybe should sell for 2.5-3.

House is tiny. Lot is tiny.

It is way too small to tear down and build 10k sqft home. So I don’t think it would be attractive for a builder.

It's 4200 sq feet. That's not tiny but it definitely presents as more cottage than mansion. Darling house.

Only 2500 is above grade.

Your point is? the 1700 below grade is finished.

That 4200 above grade space is a lot more valuable than 2500 plus a finished basement.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I live near there.

Neighborhood is super expensive. Some of the most expensive homes there other than Turkey Run area.

Lots of homes 5-10 million around there.

However this is way too expensive. Maybe should sell for 2.5-3.

House is tiny. Lot is tiny.

It is way too small to tear down and build 10k sqft home. So I don’t think it would be attractive for a builder.

It's 4200 sq feet. That's not tiny but it definitely presents as more cottage than mansion. Darling house.

Only 2500 is above grade.

Your point is? the 1700 below grade is finished.

As a buyer, I’m still going to judge this differently. Finished basements are nice still not bright and like the rest of the house. But, 2500 is also enough for us and if this were priced reasonably, I’d grab it. It’s perfect for us. $4 million is criminal.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I live near there.

Neighborhood is super expensive. Some of the most expensive homes there other than Turkey Run area.

Lots of homes 5-10 million around there.

However this is way too expensive. Maybe should sell for 2.5-3.

House is tiny. Lot is tiny.

It is way too small to tear down and build 10k sqft home. So I don’t think it would be attractive for a builder.

It's 4200 sq feet. That's not tiny but it definitely presents as more cottage than mansion. Darling house.

Only 2500 is above grade.

Your point is? the 1700 below grade is finished.

That 4200 above grade space is a lot more valuable than 2500 plus a finished basement.

That's not what was being argued. The point of discussion was that you or PP said the house was "tiny". That is the point.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I live near there.

Neighborhood is super expensive. Some of the most expensive homes there other than Turkey Run area.

Lots of homes 5-10 million around there.

However this is way too expensive. Maybe should sell for 2.5-3.

House is tiny. Lot is tiny.

It is way too small to tear down and build 10k sqft home. So I don’t think it would be attractive for a builder.

It's 4200 sq feet. That's not tiny but it definitely presents as more cottage than mansion. Darling house.

Only 2500 is above grade.

Your point is? the 1700 below grade is finished.

That 4200 above grade space is a lot more valuable than 2500 plus a finished basement.

That's not what was being argued. The point of discussion was that you or PP said the house was "tiny". That is the point.

2500 and a basement for $4m is tiny!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I live near there.

Neighborhood is super expensive. Some of the most expensive homes there other than Turkey Run area.

Lots of homes 5-10 million around there.

However this is way too expensive. Maybe should sell for 2.5-3.

House is tiny. Lot is tiny.

It is way too small to tear down and build 10k sqft home. So I don’t think it would be attractive for a builder.

It's 4200 sq feet. That's not tiny but it definitely presents as more cottage than mansion. Darling house.

Only 2500 is above grade.

Your point is? the 1700 below grade is finished.

That 4200 above grade space is a lot more valuable than 2500 plus a finished basement.

That's not what was being argued. The point of discussion was that you or PP said the house was "tiny". That is the point.

2500 and a basement for $4m is tiny!

True. And compared to the other houses in the neighborhood. But some Saudi with money to burn, for whom $4 million is like $4,000 to us, will buy it and ruin the historical aspects of the house like they did with others. Oughta be a law against it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I live near there.

Neighborhood is super expensive. Some of the most expensive homes there other than Turkey Run area.

Lots of homes 5-10 million around there.

However this is way too expensive. Maybe should sell for 2.5-3.

House is tiny. Lot is tiny.

It is way too small to tear down and build 10k sqft home. So I don’t think it would be attractive for a builder.

It's 4200 sq feet. That's not tiny but it definitely presents as more cottage than mansion. Darling house.

Only 2500 is above grade.

Your point is? the 1700 below grade is finished.

That 4200 above grade space is a lot more valuable than 2500 plus a finished basement.

That's not what was being argued. The point of discussion was that you or PP said the house was "tiny". That is the point.

2500 and a basement for $4m is tiny!

I never said I agreed with the price! I'm the PP upthread who said they were delusional. Again you're mixing different arguments.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I live near there.

Neighborhood is super expensive. Some of the most expensive homes there other than Turkey Run area.

Lots of homes 5-10 million around there.

However this is way too expensive. Maybe should sell for 2.5-3.

House is tiny. Lot is tiny.

It is way too small to tear down and build 10k sqft home. So I don’t think it would be attractive for a builder.

It's 4200 sq feet. That's not tiny but it definitely presents as more cottage than mansion. Darling house.

Only 2500 is above grade.

Your point is? the 1700 below grade is finished.

That 4200 above grade space is a lot more valuable than 2500 plus a finished basement.

That's not what was being argued. The point of discussion was that you or PP said the house was "tiny". That is the point.

2500 and a basement for $4m is tiny!

I never said I agreed with the price! I'm the PP upthread who said they were delusional. Again you're mixing different arguments.

Do you understand how this works? You are not having a one on one convo.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I live near there.

Neighborhood is super expensive. Some of the most expensive homes there other than Turkey Run area.

Lots of homes 5-10 million around there.

However this is way too expensive. Maybe should sell for 2.5-3.

House is tiny. Lot is tiny.

It is way too small to tear down and build 10k sqft home. So I don’t think it would be attractive for a builder.

It's 4200 sq feet. That's not tiny but it definitely presents as more cottage than mansion. Darling house.

Only 2500 is above grade.

Your point is? the 1700 below grade is finished.

That 4200 above grade space is a lot more valuable than 2500 plus a finished basement.

That's not what was being argued. The point of discussion was that you or PP said the house was "tiny". That is the point.

2500 and a basement for $4m is tiny!

It's $1005 per square foot! Please, show me any other house on the market over $700 per. You can't. And it's not even up to date. It's an old lady house with some of the work done by the owner herself.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I live near there.

Neighborhood is super expensive. Some of the most expensive homes there other than Turkey Run area.

Lots of homes 5-10 million around there.

However this is way too expensive. Maybe should sell for 2.5-3.

House is tiny. Lot is tiny.

It is way too small to tear down and build 10k sqft home. So I don’t think it would be attractive for a builder.

It's 4200 sq feet. That's not tiny but it definitely presents as more cottage than mansion. Darling house.

Only 2500 is above grade.

Your point is? the 1700 below grade is finished.

That 4200 above grade space is a lot more valuable than 2500 plus a finished basement.

That's not what was being argued. The point of discussion was that you or PP said the house was "tiny". That is the point.

2500 and a basement for $4m is tiny!

It's $1005 per square foot! Please, show me any other house on the market over $700 per. You can't. And it's not even up to date. It's an old lady house with some of the work done by the owner herself.

YIKES

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I live near there.

Neighborhood is super expensive. Some of the most expensive homes there other than Turkey Run area.

Lots of homes 5-10 million around there.

However this is way too expensive. Maybe should sell for 2.5-3.

House is tiny. Lot is tiny.

It is way too small to tear down and build 10k sqft home. So I don’t think it would be attractive for a builder.

It's 4200 sq feet. That's not tiny but it definitely presents as more cottage than mansion. Darling house.

Only 2500 is above grade.

Your point is? the 1700 below grade is finished.

That 4200 above grade space is a lot more valuable than 2500 plus a finished basement.

That's not what was being argued. The point of discussion was that you or PP said the house was "tiny". That is the point.

2500 and a basement for $4m is tiny!

It's $1005 per square foot! Please, show me any other house on the market over $700 per. You can't. And it's not even up to date. It's an old lady house with [b]some of the work done by the owner herself.[/b]

YIKES

How do you know this?

[Anonymous]

When I saw this listing, my jaw dropped. But, this is the most expensive little section of McLean. A true tear down around the corner sold for 3.5 recently - .80 acre lot. So this seems overpriced, yes, but to the people saying it’s worth $900k - you’re delusional. And don’t know McLean. I can see it getting north of 3. I was also surprised that this particular realtor took the house to market at this price.