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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP it's a lovely neighborhood. I didn't wind up buying there but just bought a similar TH in a much smaller development right behind Arlington Village. I've heard nothing but positive things. I don't like the price differential between the 1 and 2 brs - that is what ultimately turned me off from buying there. [/quote]

Prices vary based on how they were renovated last the couple of years since 2012. Low end being welcome to the 60s and no renovated work done to the unit to fully renovated with modern conveniences.

1 bedroom - 250k/310k
2 bedroom - 360k/415k
3 bedroom - 435k/490k[/quote]

I have friends looking at the area as well. These homes will obviously go up more in the future since it didn't go up much in the last 7 years.
It's definitely a hidden gem of Arlington, nice landscaping, very close in and walkable to new restaurants on Columbia pike. They are hoping for a 3 bedroom since they feel they can grow in it and has 2 bathrooms but those units rarely goes on the market. I think the reason they like it is because it feels like a home with a front and back door and less like a box in a condo building. Some people rent their units and charge a high rate so I guess it's better to buy. However if you are paying high rent and not saving it will be hard to buy it's a vicious cycle. Also I think one of the county board member lives in Arlington village

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A PP laid out their thoughts on pricing I just believe the area is under price and not surprise some time in the future price appreciations will accelerate.
I was able to buy my house in Lyons village which is a close drive to Columbia pike. That area has definitely improved in the last 8 years and lots more development in the future.  Some people may not think so but so did people in Lyons village in 1999 when I brought my house 500% cheaper now I couldn't remotely afford my neighborhood. The pike has restaurants, Starbucks, a new condo building, a beer garden it's definitely gentrifying.
If they built that streetcar Arlington village price appreciation would have really accelerated. In 1999 they use to have cowboy cafe and a Safeway now they have yoga and workout studios. I think they have their own pool and tennis court so like most people said it's very close in and nice area and agree a hidden gem.

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As a former renter there for a couple years the area is very nice and convenient to downtown dc. I thought the bus got me faster to McPherson square than a metro on Wilson blvd. The area is definitely improving there is even a developers eyeing the area which would be phase 2 of penrose square that would tear down that cvs and Latin club. Also developers are looking at the old ski chalet for possible redevelopment. I agree with a PP if that streetcar went ahead, it would have been a windfall for owners in AV. Surprising friends I still have there thought it was a big waste of money and would have accelerated the gentrification. I think the eastern end of the pike will continue to develop, not sure about the western end with all that affordable housing concentrated there.
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