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Reply to "Why is this house sitting? Arlington edition"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Not a desirable part of north Arlington which is why developers aren’t biting. A 6500 sq ft lot would sell at this price in almost any other area. [/quote] The house below is nearby to the one we are discussing and it sold to a developer for $925K in December for the lot. I think there's another reason developers are staying away (easement issue perhaps like a PP mentioned?) https://www.redfin.com/VA/Arlington/501-N-Jefferson-St-22205/home/11242628[/quote] That lot is better. Bigger (7400 sq ft), wooded on one side and in the back, further from Carlin Springs. Those things greatly affect pricing.[/quote]
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