Why can't a nice, normal house like this be in our price range?

[Anonymous]

The house is nice but the sf is eaten up by bedrooms and its on three floors 850x3. The land is nice tho.

I hope to find something like that when I move away.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Adorable + Wolf range + dead end street < 15 minutes from the White House + probably the best school district in Arlington = a million dollars.

Sorry.

Rat race = a lot of rats.

Anyway, who really wants to live near someone who talks about "the best school district in Arlington"? It screams NoAr douchebag.

Those noar douches are transplants not true arlington va natives

[Anonymous]

Anonymous wrote:

Anonymous wrote:

I don't believe these transactions are handled by agents, more the title companies and RE lawyers who see this traffic... so if you're an agent, I doubt you see this.

I am an agent (not in Virginia, though) and we see this all the time.

I am an agent in Arlington VA and we see this but most,y with expensive condos.

Ok good. Someone who knows.
So, are the prices of condos in Turnberry tower affecting the price of sfh's in cherrydale?
I'm having a hard time believing that.

[Anonymous]

Anonymous wrote:It's a shame. That house in many other suburbs around the country would be $350k tops. What can you do? This is DC.

That's absolutely true. But to say that that part of Arlington is coveted would be a huge understatement. Lots of money here, everyone knows about the area, down to the most granular details.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:That house is $500k in Silver Spring

So the schools are worth $500k. 3 kids x $15,000 a year for 12 years = $540,000. Plus, you get the benefit of maybe getting to know some rich people who can help you with contacts in the future. Arlington seems like the better buy.

Contacts for what?

When new GS-13 listings are about to be posted.

Try GS-12s. The GS-15s and SES jobs are all taken, though. Sorry.

[Anonymous]

Agreed OP.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

I don't believe these transactions are handled by agents, more the title companies and RE lawyers who see this traffic... so if you're an agent, I doubt you see this.

I am an agent (not in Virginia, though) and we see this all the time.

I am an agent in Arlington VA and we see this but most,y with expensive condos.

Ok good. Someone who knows.
So, are the prices of condos in Turnberry tower affecting the price of sfh's in cherrydale?
I'm having a hard time believing that.

Apples and oranges. The only way it might affect prices is if everyone in Cherrydale decided to sell their single family houses and move to Turnberry. This would create more inventory in Cherrydale, but there is enough demand I think it might stabilize the prices but not lower them.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It's a shame. That house in many other suburbs around the country would be $350k tops. What can you do? This is DC.

That's absolutely true. But to say that that part of Arlington is coveted would be a huge understatement. Lots of money here, everyone knows about the area, down to the most granular details.

Oh, good. It's been a while since someone dropped the "coveted" word to describe Arlington.

Even so, it's not DC, and there are any number of other more expensive suburbs in VA and MD, albeit with less need for constant affirmation of their value.

[Anonymous]

The house would be in your price range if it were located somewhere like Hagerstown, MD

[Anonymous]

Anonymous wrote:Don't know why everyone is jumping on OP. We all want nice homes, in great communities, that comfortably fit our families, and are close to our jobs. And we all wish they were less expensive.

Also, foreign investors buying up penthouses in NYC? Sure
Russian oil magnates ( or whoever) buying up arlington's sfh's ...umm... No.

You laugh but You'd be surprised...

[Anonymous]

Anonymous wrote:"almost all errands involve a car"

If I had to spend $1mil for a house, I damn sure would buy one where I could walk to buy a loaf of bread.

For a million dollars, I expect privacy. "Walkability" would not be something I'd be seeking. Are you kidding me?

[Anonymous]

Anonymous wrote:Great house. If you don't want walkable.

Most people don't.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:It's a shame. That house in many other suburbs around the country would be $350k tops. What can you do? This is DC.

That's absolutely true. But to say that that part of Arlington is coveted would be a huge understatement. Lots of money here, everyone knows about the area, down to the most granular details.

Oh, good. It's been a while since someone dropped the "coveted" word to describe Arlington.

Even so, it's not DC, and there are any number of other more expensive suburbs in VA and MD, albeit with less need for constant affirmation of their value.

The marketplace speaks for itself. Is that what you mean by constant affirmation of value?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Don't know why everyone is jumping on OP. We all want nice homes, in great communities, that comfortably fit our families, and are close to our jobs. And we all wish they were less expensive.

Also, foreign investors buying up penthouses in NYC? Sure
Russian oil magnates ( or whoever) buying up arlington's sfh's ...umm... No.

You laugh but You'd be surprised...

this is true... basically the same thing driving up home prices in seattle as well. Chinese investors who don't even live in the US buying up and driving up prices for seattle wanna be homeowners who carry phd's and lucrative jobs but can't afford to live in that area.

[Anonymous]

It's not the house you're buying, OP, it's the location. Once you get that through your thick head everything will make more sense.


(And I think it's ugly.)