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Reply to "Which neighborhoods to avoid in NoVa?"
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[quote=Anonymous][quote=Anonymous]Sales over $800K in 22041 since beginning of 2013 - 14 Sales over $800K in 22042 since beginning of 2013 - 10 Sales over $800K in 22044 since beginning of 2013 - 14 Sales over $800K in Pimmit Hills since beginning of 2013 - 5 So the number of $800K sales in the supposedly crappy areas of Falls Church is almost eight times greater than in Pimmit Hills. I know, the DIYers are buying old homes in Pimmit Hills for $450K and building million-dollar homes. That mostly look like total shit. [/quote] Let me explain to you why your argument is statistically illiterate. Statistics don't measure aesthetics so the "look like total shit" argument could just as easily apply to other areas you mention. Second, you are comparing sales in entire zipcodes to sales in one neighborhood of 22043. If you expand the PH statistics to cover the whole of 22043, things would look very different, won't they. Third, no one argues that other areas have no 800K+ sales, or that PH has them all. Price is not the only factor that determines the appeal of the neighborhood, and neither is aesthetics.[/quote]
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