Reply to Any predictions for prices in town of Vienna?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]The jobs engines in Nova are Tysons to Reston/Herndon/Dulles.

Vienna is well situated for those jobs sites and has metro access and good schools.  People pay big $$ for all of those things.  It's not getting any cheaper.  That said, you don't have to buy the $1.5 mil homes... there are perfectly fine homes in the $900K range (some even a little less).  No, you aren't in the TOV, but you still have the location near jobs, the metro for those going to DC, and the good schools for the kids.  My neighbor's 1993 colonial in good shape with a small lot (5 bdr) just sold last month for $950K.  The new builds near us (on Chain Bridge  and others on Snowberry and that area are on the market for $1.3 - 1.5).

You can't have it all -- unless you have $1.5+[/quote]

It's not all upside.  As Tysons builds up and out, Vienna is becoming less appealing for those working east of Tysons and more dependent on jobs along the axis you mentioned. [/quote]

Hard to see lots of new development north of Vienna suddenly detracting from its desirability. If anything, Vienna will benefit along with the rest of the region. Vienna’s proximity to metro will always make it an appealing location for people working in DC or along the orange line. If you’re only working around Tyson’s, sure, move there - the houses aren’t cheaper for the quality. But if you want access to Tyson’s and DC/Arlington, Vienna works fine as an option. [/quote]

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