Reply to The thread for the, "buying under $600,000," crowd.

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This one just hit and it's pretty nice and completely renovated with tons of space

http://www.redfin.com/VA/Falls-Church/7414-Paxton-Rd-22043/home/9471718[/quote]

It's a flip that sold for $378K last October.  Vinyl siding, no garage and less than 1900 SF, but they want people to pay $240K more than purchase price for some interior upgrades.  [/quote]

The comparables in this range, it's priced right.[/quote]

More appealing close-in houses can be found for less.

http://franklymls.com/FX8329849

http://franklymls.com/FX8326468

http://franklymls.com/FX8320724

I'd want to see an itemized list of the flipper's expenditures to see why he thinks this $378K house is worth close to $620K a few months later.

[/quote]

Those aren't the same market, very poor schools.[/quote]

Same curriculum.  Schools are fine if you focus on your own kid.

Also don't like that you can see ugly apartments from backyard of this house.

For that price you can almost tear down and build new, crazy to pay $600K for a shack. 
[/quote]

22042 is filled with more shacks and no one wants to tear them down and build new because that market isn't in demand.[/quote]

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