Reply to SPRING MARKET!! What's the vibe?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This one sat for months in Arlington Forest - looks like it ended up with a small bidding war once the spring market opened?

https://www.redfin.com/VA/Arlington/4810-3rd-St-N-22203/home/11243329[/quote]

Man, Arlington Forest has been 100% two story colonial revival for decades. I guess the teardown and rebuild movement has finally reached that neighborhood.[/quote]

My take is Kenmore + Barrett scared off the developers for a long time but they're now getting $2.5M for new builds in Bluemont (Kenmore + Ashlawn) so low 2s in Arlington Forest seem attainable (which this comp above proves)... bummer. [/quote]

Bluemont south of Wilson always had small working class homes, since it was adjacent to the old freight railway (now a park). So it's an easy tear down area for expensive large new builds. And now those homes are getting snapped up.

Interestingly, the original, middle and upper middle class colonials in Bluemont/Lacy Woods north of Wilson (Ashlawn/Cardinal > Swanson) are selling for less than those larger new builds. [/quote]

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