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

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

The stretch of the Bluemont Trail along N Bluemont Dr is incredible. You’ve got AFC and Bluemont Park right there or Ballston and the metro if you walk the other way (the trail will also drop you right near the new metro entrance once it’s built too). If the homes weren’t zoned to Kenmore they’d probably be pushing low 3s like Waverly Hills which is similarly situated to Ballston. [/quote]

Arlington Forest Club pool and Bluemont Park / W&OD trail is a huge bonus for the area. And the Dominion Hills pool is also very close.  I just hope they don't rip out the W&OD trail for the proposed commuter line--still very much a conceptual proposal. So if it happens it would be 20 years from now or longer. [/quote]

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