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Real Estate
Reply to "Dying market in Potomac "
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[quote=Anonymous]I grew up in the Bethesda part right next to Potomac, and went to school with kids who lived in both areas. I think the issue with Potomac is 1) the commute to anywhere isn't great -- you're either stuck on River Road or Macarthur to get into town, and both are one-lane roads and 2) the housing stock is mostly from the 80s/90s. I bet half the houses in Potomac have trash compactors in the kitchen, a central vacuum system, and a Nutone/Scovill intercom system (remember those?). The same size of house, slightly newer but on a smaller lot, will sell for 30-50% more in Bethesda. It's just a lot closer in. Traffic matters. If I didn't have to commute and didn't go out much, I think there are some real deals on houses in Potomac. Good bang for your buck. A friend of mine just bought a house out there with 5 acres and plans to rent it for a few years then when he's ready to retire, he'll tear down the 80's era house and build a custom home for him to retire to.[/quote]
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