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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][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] We factored in traffic when choosing a house. From some locations in Great Falls it was quicker to get to Tysons than it was from North Arlington or some areas in Mclean. Mclean bordering Great Falls was quick not downtown Mclean or east. Into DC in pm rush hour is a nightmare on 123 /Chain bridge. Beltway to MD is horrible. [/quote]
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