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Metropolitan DC Local Politics
Reply to "Chevy Chase Community Center Redevelopment"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I grew up in Upper CC on the DC side in the 70’s and 80’s. Homes were not being built back then. They had been there for a very long time. Back then houses were for sale and were not bought for quite some time. Not because they were expensive. Back then, nobody wanted to live there. They wanted Bethesda or the MD side of CC. It was around 1991 I remember a real small house off Military and 32nd going for over a million. From there, it just got stupid on hosing prices. A lot of those homes are from the 40’s and 50’s[/quote] You are basically lying out of your a**. There were almost zero houses going for over $1MM in 1991…none. There is a small house being offered as we speak for $900k. The median price in 1991 was likely around $250k…and that is generous. [/quote] I live in Bethesda and my house was sold in ‘86 for $380k. My neighborhood would never be considered close to as prestigious as CCDC. So you’re wrong too. [/quote] What are you talking about…there has always been a premium for crossing the border into MD from DC, such that identical houses straddling Western Avenue were worth several hundred thousand $$$s more on the MD side. My neighbor selling their 3000 sw ft house in CCDC for around $1.5MM paid $260k for the house in 1996. Have you checked the resale value of your $380k Bethesda home?[/quote]
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