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Real Estate
Reply to "Tempted to move to great falls from McLean as prices seem to be falling"
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[quote=Anonymous]I think this is like Bethesda vs Potomac. Potomac is further out and has larger lot sizes, and large homes. Average selling price is higher accordingly, so you'll rarely see a home in Bethesda go for $2m+, but that's almost the norm in Potomac. However, the "cost" to living in Potomac is traffic (all 3 paths home -- Macarthur Blvd, River Road, Bradley Blvd back up during evening rush), and like Great Falls, the shopping isn't great (Potomac Village is OK, not excellent). As a result, average home prices in Bethesda seem to be going up. Now a lot more houses are going for $1.5m+, which was not as common even 5 years ago. You'll end up on a smaller lot, and with a somewhat smaller house, but you're also a lot closer to things. Our neighborhood is mostly new houses (former teardowns) that sold in the $1.3-1.9m range, and we can walk to downtown Bethesda and the metro in 20 minutes (or catch the Ride-On bus.. but only during the week). Unfortunately, traffic in the entire area is getting worse over time, and I see no big change in that going forward. It's gotten so bad that people really do factor in traffic when thinking of where to live.[/quote]
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