Looks like we are almost back at 2007 price in 22043, 22182 and 22046

Anonymous
A lot of investor cash is flowing into these zip codes, primarily due to Tysons development, to a lesser extent the Dunn Loring metro projects. It's all academic as to whether pimmit hills vs. vienna is better, considering it all depends on where in tysons you are trying to go. Either way, expect a lot of flips, large increase in rents, and a lot of teardowns in all of these zips.
Anonymous
Anonymous wrote:
Anonymous wrote:There is a lot less inventory in pimmit hills vs vienna right now ALOT LESS


http://www.redfin.com/VA/Falls-Church/1916-Cherri-Dr-22043/home/9471275

http://www.bing.com/maps/?v=2&cp=qghkjt8jzv9g&lvl=19.5&dir=83.01&sty=b&sp=Point.qghmnz8jzw28_7438%20Patterson%20Rd%2C%20Falls%20Church%2C%20VA%2022043_%24679%2C900%205%20beds%2C%204.0%20baths___
http://www.redfin.com/VA/Falls-Church/7438-Patterson-Rd-22043/home/9471646

schools are rated the same now including test scores:
http://www.greatschools.org/virginia/falls-church/543-Marshall-High-School/
http://www.greatschools.org/virginia/vienna/541-Madison-High-School/

http://www.greatschools.org/virginia/falls-church/588-Westgate-Elementary-School/
http://www.greatschools.org/virginia/vienna/580-Vienna-Elementary-School/


thats on paper - live there? Vienna is by far a higher echelon - you cannot even compare pimmit hills to vienna except that it's maybe 2 miles closer to 495 and 66. Vienna has 2 metros. But again, Vienna is a much nicer area. The photo says it all.



Its about the same to vienna compare, pimmit had a fun of tear downs, if anything it will develop much higher than vienna because of the tyson silver line, vienna has nothing to grow its value.
Anonymous
The previous posters are all right.

Yes, Vienna has more uniform affluence and is a "higher echelon" than PH.

Yes, PH has a lot less inventory. It's a much smaller area than Vienna.

Yes, schools are good in both PH and Vienna.

Yes, PH has a much higher development potential because it is starting from a lower point. Vienna is much more developed at this stage to grow vibrantly.

Yes, PH has some ugly-ass architecture. Some are, some aren't. There's all kinds of houses there.

This one is overpriced for PH and will sit for a while unless the owner wakes up.
http://www.redfin.com/VA/Falls-Church/1822-Anderson-Rd-22043/home/9472983

This one is too eccentric for the mass market. I kind of like it but wouldn't buy it.
http://www.redfin.com/VA/Falls-Church/7609-Leonard-Dr-22043/home/9471161

Small, clean and cheap.
http://www.redfin.com/VA/Falls-Church/1914-Cherri-Dr-22043/home/9471274

OK but windows are unbalanced.
http://www.redfin.com/VA/Falls-Church/2012-Leonard-Rd-22043/home/9473209

I live in PH. I chose it over Vienna but I understand exactly what it is, and what it is not. There's no point praising one and putting another down. They are very different depending on what one wants and prioritizes.


Anonymous
Anonymous wrote:

thats on paper - live there? Vienna is by far a higher echelon - you cannot even compare pimmit hills to vienna except that it's maybe 2 miles closer to 495 and 66. Vienna has 2 metros. But again, Vienna is a much nicer area. The photo says it all.



It does? Had to check the address to see if it was Pimmit Hills or Vienna Woods.
Anonymous
This is what much of the "higher echelon" looks like:

http://franklymls.com/FX7796457

Anonymous
The quality of the teardown construction in the Town of Vienna used to be much higher than in Pimmit Hills, but they seem to be converging. The new houses in Pimmit Hills are getting nicer, while the Town of Vienna is now full of ugly JDA homes and cheap-looking "Craftsman" houses that aren't nearly as nice as what was being built there 3-4 years ago. Might as well just tear down a few blocks, put in a new Toll Brothers development, and be done with it for a while.
Anonymous
Anonymous wrote:I think zillow is a trailing indicator I an looking at current contracts


YOU are trying to sell a house high!
Anonymous
OP is definitely right that those zip codes are doing better than town of Vienna in terms of appreciation.

And DC and VA are doing much better than MD over past three years.
Anonymous
Anonymous wrote:The previous posters are all right.

Yes, Vienna has more uniform affluence and is a "higher echelon" than PH.

Yes, PH has a lot less inventory. It's a much smaller area than Vienna.

Yes, schools are good in both PH and Vienna.

Yes, PH has a much higher development potential because it is starting from a lower point. Vienna is much more developed at this stage to grow vibrantly.

Yes, PH has some ugly-ass architecture. Some are, some aren't. There's all kinds of houses there.

This one is overpriced for PH and will sit for a while unless the owner wakes up.
http://www.redfin.com/VA/Falls-Church/1822-Anderson-Rd-22043/home/9472983

This one is too eccentric for the mass market. I kind of like it but wouldn't buy it.
http://www.redfin.com/VA/Falls-Church/7609-Leonard-Dr-22043/home/9471161

Small, clean and cheap.
http://www.redfin.com/VA/Falls-Church/1914-Cherri-Dr-22043/home/9471274

OK but windows are unbalanced.
http://www.redfin.com/VA/Falls-Church/2012-Leonard-Rd-22043/home/9473209

I live in PH. I chose it over Vienna but I understand exactly what it is, and what it is not. There's no point praising one and putting another down. They are very different depending on what one wants and prioritizes.




Very well-reasoned post, thank you. I chose Vienna over PH. Do I live in a "better" place? No. Better for me. Everyone has different preferences.

I guess the only downside to any of this is that PH used to be a pocket of affordability for middle class homeowners and renters. Vienna used to have more of this, but very little anymore. Pretty soon the only affordable places to live in the greater tysons area will be apartments that they are forcing the developers to offer below market.
Anonymous
damn more houses listed in pimmit at 500K+ damn!
Anonymous
we are now at higher than 2005 prices

For Sale (MLS-listed) $479,900
Aug 16, 2005 Sold (Public Records) $450,000

http://www.redfin.com/VA/Falls-Church/1839-Peabody-Dr-22043/home/9471129#agent_insight
Anonymous
Anonymous wrote:we are now at higher than 2005 prices

For Sale (MLS-listed) $479,900
Aug 16, 2005 Sold (Public Records) $450,000

http://www.redfin.com/VA/Falls-Church/1839-Peabody-Dr-22043/home/9471129#agent_insight


I saw this place for sale maybe a year or so ago. I guess they took it off the market and then relisted. Wow somebody really overpaid for a tacky "complete renovation," and it's still only 890 sq. ft. Not for me
Anonymous
Anonymous wrote:
Anonymous wrote:we are now at higher than 2005 prices

For Sale (MLS-listed) $479,900
Aug 16, 2005 Sold (Public Records) $450,000

http://www.redfin.com/VA/Falls-Church/1839-Peabody-Dr-22043/home/9471129#agent_insight


I saw this place for sale maybe a year or so ago. I guess they took it off the market and then relisted. Wow somebody really overpaid for a tacky "complete renovation," and it's still only 890 sq. ft. Not for me


That crazy part is that all the other listings in the neighborhood support this price
Anonymous
I live in 22182, and didn't realize we had so many shitty houses nearby until I opened this thread!
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