Reply to Do you think the Pimmit Hills area will eventually become upscale?

Forum Index » Real Estate

Reply to "Do you think the Pimmit Hills area will eventually become upscale?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]Probably not upscale but definitely more new builds than old homes than any close in neighborhood. When you say huge do you mean 5500SF including basement?  I don't see that many in pimmit hills, more like 4500-5500SF including basement (3000-3500SF not including basement).

I personally think it's the best investment right now because other places like McLean, Arlington seem to be hitting a valuation ceiling.[/quote]

PH has a valuation ceiling as well.  It's just lower than in McLean and Arlington.  A cheap teardown will sell fast, but homes priced over $900K take a long time to sell.  [/quote]

I don't think it's 900k it seems to be the issue, there are many sales in the 900-960 mark, it's anything over a million that takes longer to sell. There has been a shift as of the last few months that has increased the ceiling. I am curious what is going to happen this spring because my analysis based on ph and surounding areas say that there will be quite a few sales past the million barrier.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics