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

Same curriculum.  Schools are fine if you focus on your own kid.

Also don't like that you can see ugly apartments from backyard of this house.

For that price you can almost tear down and build new, crazy to pay $600K for a shack. 
[/quote]
Don't be ridiculous. Focusing on your own kids is all very well but it can't negate the fact that the same house would sell for more in a better school district. You are trying to deny that schools affect house pricing and it just is not correct.  They do, very much so, otherwise the whole S. Arlington vs. N. Arlington would be a non-issue.  Otherwise the stroller brigade would not be deserting hip, fun areas of DC when kids inch closer to ES age.  Otherwise shacks in AU park wouldn't be selling close to a million dollars. Wake up.[/quote]

Are you seriously trying to compare Pimmit Hills to North Arlington or AU Park?  Don't be ridiculous.  They aren't even close.

Not to mention that people who really obsess about schools the way you suggest they do want Yorktown, W-L, George Mason, Langley, Madison, McLean, Woodson or Oakton, not Marshall.

Again, for those considering $600K homes there are many possibilities out there that need not involve looking at overpriced homes like this PH tear-down candidate.  Stop recommending POS properties in PH at every turn and you may find people react differently when the name comes up.[/quote]

No one said ph is on par with north Arlington but you definitely can't buy a home under 600k in North Arlington.

And since when are all ph homes pieces of shit? I can post a dozen homes in your area that are far wrprse and sitting longer but everyone already knows that.

Marshall is a good option and is rated well much better than stuart, lee or fall church high.

Ohh I am sure you have seen this list
http://www.dcurbanmom.com/jforum/posts/list/379716.page[/quote]

Falls Church is #23 on that list and Annandale is #30, for the entire state.  Stuart was on that list too last year IIRC.  I'd certainly trade a #10 for another school also ranked top 50 in the state, if it meant living in a nicer house and not one that was a case of putting lipstick on a vinyl pig. [/quote]

You can change vinyl siding but you can't change location.[/quote]

But it's certainly chutzpah not to change the vinyl siding and expect someone to cough up over $615K to live there. [/quote]

New poster here. I am familiar with pimmit hills and homes that are completely updated inside like the one above do sell for 600k+. [/quote]

Examples?  Only house remotely similar to this Pimmit Hills house I could find was 7405 Bethune, which sold for $630K in 2012.  It's a larger house (2500 SF vs. 1900 SF), is two stories vs. one, is a superior renovation (and not a quick flip), and is rated by the county as "Good" construction quality and condition, compared to 7414 Paxton, which is rated "Average" construction quality and "Fair" condition.

[/quote]

Interesting that you would mention year's assessment which doesn't reflect the renovation.

I think this area of fairfax county is going to be interesting with all the new development and changes.

[/quote]

Data is as of 4/25/14.  I  assume the flipper needed to have the house inspected before he put it on the market for over $230K more than what he paid for it last October.

The higher appreciation is now taking place elsewhere.  Only a sucker would buy this house for over $600K thinking they'll see lots of appreciation. [/quote]

I don't think you are familiar with the fairfax county inspection and assessment process. New homes and renovations usually take over a year to be recorded.

The icare record still shows 
Year Addition	2005
Year House Remodeled	 {blank}

So the assesment has not changed yet.

Appreciation is happening everywhere, it didn't stop in that part of fairfax county. In fact as more and more of the re-development is completed, appreciation will continue at a steady pace.

Have you looked at the market? There aren't any other homes of that size in that school district for less than 625K so this appears to be properly priced.

I just found this smaller home that went under contract immediately in a bidding war starting at 550k http://www.redfin.com/VA/Falls-Church/7529-Lisle-Ave-22043/home/9471255
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Here is that other home and I believe it is going to be sold close to 600k http://www.floorplanonline.com/presentation_v2/presentation.php?order_id=132583[/quote]

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