Reply to For those in Mclean/Langley: when do you think inventory in your neighborhood will go up?

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Reply to "For those in Mclean/Langley: when do you think inventory in your neighborhood will go up?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]

Not every high paying job is in DC. This location is very convenient to DC and Reston, where a lot of lucrative jobs locate[/quote]

I agree that not every high paying job is in DC.  But the same house at a location "on the other side of McLean," whether it's a Langley neighborhood like Langley Oaks or a McLean neighborhood like Chesterfield Woods, is probably going to cost more because it's closer to DC and puts you between the high-paying jobs in both DC and Tysons.  The house previously posted is further out, almost in Great Falls, and also not especially close to other amenities.

Having said that, it's a crazy market and there's not much inventory, so maybe it will go for the asking price or higher.  Personally, I'd be uncomfortable spending $1.6M for that house in that location without more comparables.  For example, while Redfin now values this similar house at $1.57M, it actually sold for $1.46M last April.  That price seems more reasonable to me.

https://www.redfin.com/VA/McLean/1008-Kimberwicke-Rd-22102/home/9266065

[/quote]

1.455 was the price 8 months ago, also that house is next to Old Dominion dr, lots of noise. Location wise, it's actually super close to all amenities in Tysons. Not saying it's perfect and worth the asking price, but this location and neigborhood is very desirable. [/quote]

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