Reply to Do people really pay these prices for CCMD?

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[quote=Anonymous]Op here, and obviously I don't get the real estate market here. I think those houses are perfectly nice- they are a little smaller than ours and very reasonably updated. I didn't mean to imply they were unlivable. Just not homes that would seem to command a price tag bordering on $1m, unless they had super nice features or unless they were walk able to a metro or downtown Bethesda. But as the PP said, the market determines what is the right price, not my opinion or anyone else's. I guess I'll be curious to see how quickly they sell.

And as to whether there is a "sketchy" side of CC, I didn't (and wouldn't) use that word. There are still a few spots where the houses are older, smaller etc. our neighborhood was a gerontocracy when we moved here 10 years ago, and now lots of the houses have turned over, mostly to families and many have been improved (or knocked down) in the process. That's not gentrifying in the U St/Logan Circle sense of the word, but it is socioeconomic change. Still there is definitely a hierarchy of neighborhoods, or so I've learned. As a friend who lives in one of the fancier CC areas said to me, everyone knows that anything north of EW Highway isn't really Chevy Chase. Who knew? But there may be something to that view; I don't think those houses would sell for $900k in North Chevy Chase for example.[/quote]

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