Reply to Do you think the Pimmit Hills area will eventually become upscale?

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Reply to "Do you think the Pimmit Hills area will eventually become upscale?"

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[quote=Anonymous]If your question is about investment, then yes, your husband is correct.  Buying a lot with an old house, tearing down and building new would have absolutely been a better investment.  This assumes that the house you ended buying was already located in a place of uniform affluence.  Pimmit Hills eight years ago was a run-down place, and run--down places appreciate quicker than affluent ones.

If you question was whether Pimmit Hills is becoming an upscale area, then the answer is no.  Over the last eight years PH has added probably hundreds of new builds.  But the old houses are numerous enough, and the new builds are different-looking enough that the area won't be getting an upscale, manicured look of affluent communities where houses look more or less alike and are more or less of the same size, style and value.  Not any time soon.

And mind you, I live in PH and would not ever live in Fairfax because the commute would kill me.  I love PH but I see it for what it is - a place with fabulous location, great amenities, excellent schools and mediocre aesthetics. [/quote]

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