Poll: is new construction in Vienna overpriced?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If this house were dropped somewhere in Mclean inside beltway, it would go for close to 2 mil. There is one very similar to this one that sold in my neighborhood for over 2 mil. I think this price range for Vienna is reasonable. At least on the inside this home does look like a million dollar home. Agree about the hideous backyard and back side of the house, definitely needs hardcore landscaping and some deck/porch to spruce it up.

I don't see a $1.1M house in Vienna going for close to $2M in McLean. I'd be thinking more like $1.55M there, and $1.35M in Falls Church/22043.

It's a nice house with plenty to offer a family, but also just enough odd/cheap features to pull the price down. The dormers and the lack of a porch or deck are two examples.

http://www.redfin.com/VA/Mclean/1407-Julia-Ave-22101/home/40422367
similar in size of the house and the lot. It was listed for 2 mil from what I remember.

http://www.zillow.com/homedetails/6520-Topeka-Rd-Mclean-VA-22101/51752472_zpid/

this one I think also sold, but not sure, haven't been there recently.

The cheapest new construction homes around that area I've seen are 1.6 mil and they are smaller than the Vienna house, under 5000 sq.ft.

Given how much new construction costs in closer-in areas and reading the threads on 900K homes in Chantilly, I don't think it is overpriced. Maybe a few years ago, but in today's market, definitely not.

First house sold, second is under contract, and both are nicer than the Vienna house near 66. They would get listed for around $1.5 or $1.6M in Vienna, like some of the Ayr Hill homes.

I don't think the Vienna house is overpriced in the current market, just that the price differential between Vienna and McLean isn't as big as some have suggested.

They are not much nicer, just have better exterior work and landscaping, but on the inside, they are very comparable in sq.footage, architectural details, finishes, etc, even have similar type of ceilings. Actually when I looked at this Vienna home, it reminded me of one of these homes, I thought maybe the same builder? Also, not all of Vienna is going to demand the same price as is true for any other area. Maybe this house is in less desirable location, close to highways, etc, vs. if you move it to another location in Vienna it would go for more.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If this house were dropped somewhere in Mclean inside beltway, it would go for close to 2 mil. There is one very similar to this one that sold in my neighborhood for over 2 mil. I think this price range for Vienna is reasonable. At least on the inside this home does look like a million dollar home. Agree about the hideous backyard and back side of the house, definitely needs hardcore landscaping and some deck/porch to spruce it up.

I don't see a $1.1M house in Vienna going for close to $2M in McLean. I'd be thinking more like $1.55M there, and $1.35M in Falls Church/22043.

It's a nice house with plenty to offer a family, but also just enough odd/cheap features to pull the price down. The dormers and the lack of a porch or deck are two examples.

http://www.redfin.com/VA/Mclean/1407-Julia-Ave-22101/home/40422367
similar in size of the house and the lot. It was listed for 2 mil from what I remember.

http://www.zillow.com/homedetails/6520-Topeka-Rd-Mclean-VA-22101/51752472_zpid/

this one I think also sold, but not sure, haven't been there recently.

The cheapest new construction homes around that area I've seen are 1.6 mil and they are smaller than the Vienna house, under 5000 sq.ft.

Given how much new construction costs in closer-in areas and reading the threads on 900K homes in Chantilly, I don't think it is overpriced. Maybe a few years ago, but in today's market, definitely not.

First house sold, second is under contract, and both are nicer than the Vienna house near 66. They would get listed for around $1.5 or $1.6M in Vienna, like some of the Ayr Hill homes.

I don't think the Vienna house is overpriced in the current market, just that the price differential between Vienna and McLean isn't as big as some have suggested.

If people are suggesting that this Vienna home is overpriced, then they are suggesting that Mclean demands much higher premiums, because they are saying essentially, that this house should go for less, while in Mclean similar homes sell quickly enough for a lot more. I actually say otherwise, I don't believe that Vienna is almost half price of Mclean, it never was, so it seems this house is maybe underpriced or Mclean homes are overpriced. Or maybe, like you are saying, they are not as comparable, because of the desirability of this close to highways area in Vienna vs. Salona Village, which seems to be hot, in Mclean, not to mention Vienna house just looks uglier and has unfinished front/back yard and no patio.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If this house were dropped somewhere in Mclean inside beltway, it would go for close to 2 mil. There is one very similar to this one that sold in my neighborhood for over 2 mil. I think this price range for Vienna is reasonable. At least on the inside this home does look like a million dollar home. Agree about the hideous backyard and back side of the house, definitely needs hardcore landscaping and some deck/porch to spruce it up.

I don't see a $1.1M house in Vienna going for close to $2M in McLean. I'd be thinking more like $1.55M there, and $1.35M in Falls Church/22043.

It's a nice house with plenty to offer a family, but also just enough odd/cheap features to pull the price down. The dormers and the lack of a porch or deck are two examples.

http://www.redfin.com/VA/Mclean/1407-Julia-Ave-22101/home/40422367
similar in size of the house and the lot. It was listed for 2 mil from what I remember.

http://www.zillow.com/homedetails/6520-Topeka-Rd-Mclean-VA-22101/51752472_zpid/

this one I think also sold, but not sure, haven't been there recently.

The cheapest new construction homes around that area I've seen are 1.6 mil and they are smaller than the Vienna house, under 5000 sq.ft.

Given how much new construction costs in closer-in areas and reading the threads on 900K homes in Chantilly, I don't think it is overpriced. Maybe a few years ago, but in today's market, definitely not.

First house sold, second is under contract, and both are nicer than the Vienna house near 66. They would get listed for around $1.5 or $1.6M in Vienna, like some of the Ayr Hill homes.

I don't think the Vienna house is overpriced in the current market, just that the price differential between Vienna and McLean isn't as big as some have suggested.

If people are suggesting that this Vienna home is overpriced, then they are suggesting that Mclean demands much higher premiums, because they are saying essentially, that this house should go for less, while in Mclean similar homes sell quickly enough for a lot more. I actually say otherwise, I don't believe that Vienna is almost half price of Mclean, it never was, so it seems this house is maybe underpriced or Mclean homes are overpriced. Or maybe, like you are saying, they are not as comparable, because of the desirability of this close to highways area in Vienna vs. Salona Village, which seems to be hot, in Mclean, not to mention Vienna house just looks uglier and has unfinished front/back yard and no patio.

only a gullible idiot would fixate over a deck and landscaping which are things you can easily modify for very little money

[Anonymous]

I'd flip that and say only a careless builder would fail to pay attention to such relatively inexpensive items if he's trying to sell a million-dollar property in Vienna. It raises a red flag as to where else he may have tried to cut corners. No similar concerns about the two more expensive houses in SV now under contract (and Wetherburne and Madison Homes build in Vienna as well).

[Anonymous]

Anonymous wrote:I'd flip that and say only a careless builder would fail to pay attention to such relatively inexpensive items if he's trying to sell a million-dollar property in Vienna. It raises a red flag as to where else he may have tried to cut corners. No similar concerns about the two more expensive houses in SV now under contract (and Wetherburne and Madison Homes build in Vienna as well).

Bing, bing, bing.... And no deck and landscaping will make up for the lack of windows and acres of vinyl siding on the back of that house.

Busy road, next to highway, cost cutting to maximize size of house are sure signs of a McMansion, pretty pictures and all won't change any of that.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I'd flip that and say only a careless builder would fail to pay attention to such relatively inexpensive items if he's trying to sell a million-dollar property in Vienna. It raises a red flag as to where else he may have tried to cut corners. No similar concerns about the two more expensive houses in SV now under contract (and Wetherburne and Madison Homes build in Vienna as well).

Bing, bing, bing.... And no deck and landscaping will make up for the lack of windows and acres of vinyl siding on the back of that house.

Busy road, next to highway, cost cutting to maximize size of house are sure signs of a McMansion, pretty pictures and all won't change any of that.

Go back to your 3rd world shack

[Anonymous]

Why so much hate on either side? There are plenty of older homes that are not shacks, and not every new build is tacky. 1600 sq ft is plenty of room for some families and others are cramped at 3000. get over it!

FFS

[Anonymous]

Anonymous wrote:I'd flip that and say only a careless builder would fail to pay attention to such relatively inexpensive items if he's trying to sell a million-dollar property in Vienna. It raises a red flag as to where else he may have tried to cut corners. No similar concerns about the two more expensive houses in SV now under contract (and Wetherburne and Madison Homes build in Vienna as well).

Some people like decks, some don't. The builder is not careless in that sense. A buyer can always add a deck thru the builder as part of the contract. Wedderburn estates homes do not have a lot of landscaping either. At least from what I saw when I was looking at that estate in 2011. Madison homes uses sub contractors just like any other builder and are subjected to the skill/techniques of the subs. This is a builder risk. I say this as a former Madison home homeowner.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I'd flip that and say only a careless builder would fail to pay attention to such relatively inexpensive items if he's trying to sell a million-dollar property in Vienna. It raises a red flag as to where else he may have tried to cut corners. No similar concerns about the two more expensive houses in SV now under contract (and Wetherburne and Madison Homes build in Vienna as well).

Some people like decks, some don't. The builder is not careless in that sense. A buyer can always add a deck thru the builder as part of the contract. Wedderburn estates homes do not have a lot of landscaping either. At least from what I saw when I was looking at that estate in 2011. Madison homes uses sub contractors just like any other builder and are subjected to the skill/techniques of the subs. This is a builder risk. I say this as a former Madison home homeowner.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'd flip that and say only a careless builder would fail to pay attention to such relatively inexpensive items if he's trying to sell a million-dollar property in Vienna. It raises a red flag as to where else he may have tried to cut corners. No similar concerns about the two more expensive houses in SV now under contract (and Wetherburne and Madison Homes build in Vienna as well).

Some people like decks, some don't. The builder is not careless in that sense. A buyer can always add a deck thru the builder as part of the contract. Wedderburn estates homes do not have a lot of landscaping either. At least from what I saw when I was looking at that estate in 2011. Madison homes uses sub contractors just like any other builder and are subjected to the skill/techniques of the subs. This is a builder risk. I say this as a former Madison home homeowner.

Wetherburne Homes is not the builder of Wedderburn Estates in Vienna.

A builder who leaves the back of a home being marketed as an upscale, custom home looking like any subdivision in Gainesville gets what he deserves.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'd flip that and say only a careless builder would fail to pay attention to such relatively inexpensive items if he's trying to sell a million-dollar property in Vienna. It raises a red flag as to where else he may have tried to cut corners. No similar concerns about the two more expensive houses in SV now under contract (and Wetherburne and Madison Homes build in Vienna as well).

Some people like decks, some don't. The builder is not careless in that sense. A buyer can always add a deck thru the builder as part of the contract. Wedderburn estates homes do not have a lot of landscaping either. At least from what I saw when I was looking at that estate in 2011. Madison homes uses sub contractors just like any other builder and are subjected to the skill/techniques of the subs. This is a builder risk. I say this as a former Madison home homeowner.

Wetherburne Homes is not the builder of Wedderburn Estates in Vienna.

A builder who leaves the back of a home being marketed as an upscale, custom home looking like any subdivision in Gainesville gets what he deserves.

and what is that?

[Anonymous]

Anonymous wrote:

Anonymous wrote:I'd flip that and say only a careless builder would fail to pay attention to such relatively inexpensive items if he's trying to sell a million-dollar property in Vienna. It raises a red flag as to where else he may have tried to cut corners. No similar concerns about the two more expensive houses in SV now under contract (and Wetherburne and Madison Homes build in Vienna as well).

Some people like decks, some don't. The builder is not careless in that sense. A buyer can always add a deck thru the builder as part of the contract. Wedderburn estates homes do not have a lot of landscaping either. At least from what I saw when I was looking at that estate in 2011. Madison homes uses sub contractors just like any other builder and are subjected to the skill/techniques of the subs. This is a builder risk. I say this as a former Madison home homeowner.

agreed, i would rather have a paver patio with steps down then have to rip off a deck

[Anonymous]

In town of Vienna, the patio counts towards the lot coverage percentage (25% maximum I think), so patios are not really doable if the home footprint is huge. Decks, on the other hand, do not count towards the lot coverage percentage.

[Anonymous]

Anonymous wrote:In town of Vienna, the patio counts towards the lot coverage percentage (25% maximum I think), so patios are not really doable if the home footprint is huge. Decks, on the other hand, do not count towards the lot coverage percentage.

The yard looks large enough though.

[Anonymous]

Anonymous wrote:http://www.redfin.com/VA/Vienna/314-George-St-SW-22180/home/9539652

under contract LOL