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Reply to "Small families with big houses"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]In my searches in Arlington, there is often not that much of a price difference between well maintained, older 3-4 bedroom houses with 2500 sq ft (often around $1.5-$1.7 million) and relatively new McMansions with 5-6 bedrooms with 4000-5000 sq ft (often around $1.8-$2.0 million). So it can make lots of sense to just go for the bigger house, even if you don't really need the extra space.[/quote] Something doesn't add up. Usually new construction home are 2x the price of older homes in the same area, I think you are underestimating just how much new construction homes cost these days, and based on prices for older homes your area must be expensive. I would think new construction huge homes would cost about 3 mil these days, big difference. [/quote] I'm not sure why you think I'm making this stuff up. Older 2500 sq foot homes: https://www.redfin.com/VA/Arlington/4323-24th-St-N-22207/home/11232394 https://www.redfin.com/VA/Arlington/5729-19th-St-N-22205/home/11238721 Newer, 4000+ square foot homes costing the same or slightly more: https://www.redfin.com/VA/Arlington/5231-19th-St-N-22207/home/11236727 https://www.redfin.com/VA/Arlington/6412-27th-St-N-22207/home/11225553 https://www.redfin.com/VA/Arlington/2300-N-Kentucky-St-22205/home/11237932 https://www.redfin.com/VA/Arlington/2260-N-Upton-St-22207/home/22674827 https://www.redfin.com/VA/Arlington/2264-N-Upton-St-22207/home/11232645 [/quote]
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