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Reply to "What would you consider to be the Washington area's prestige neighborhoods?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think people have mostly nailed the list. But I also think that in a generation, far fewer people will care about Potomac, McLean, or Spring Valley because they are isolated. Large parts of Arlington will have been rebuilt to a wealthier standard, which will have in effect taken their place. Capitol Hill will be at least as prestigious as the better parts of Georgetown are now. Kalorama and Woodland-Normanstone will still be the very wealthiest areas.[/quote] I agree with the general principle of this post, although not necessarily all the specific forecasts. Neighborhoods continue to change and one generation can have differing preferences than others. Look at the U ST/14th ST neighborhood now vs. 20 years ago. It's become prestigious for certain subsets who want a more urban environment. It's very different from W-N or CC and the buyers are looking for different things.[/quote] McLean, or at least the portion inside the Beltway, is hardly isolated, when it’s sitting between Tysons and DC and benefiting from proximity to so many jobs. It also has multiple privates and top publics. The prices reflect that. And Spring Valley is hardly isolated, either. Potomac is in a different position, and you can see how the prices there, at least in comparative terms, have drifted down.[/quote] TBF, the nice parts of McLean are mostly north of 123. The parts down near Arlington are priced similar to North Arlington, and are as desirable.[/quote]
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