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Real Estate
Reply to "Arlington: Has this $3m wreck been discussed?"
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[quote=Anonymous][quote=Anonymous]I dunno, DC is full of people with bad taste. I don't think it will sell at the current price, but some idiot will probably find it interesting and different and buy it. Hideous houses in Potomac and Mclean sell all the time, and it's inexplicable until you remember that lots of people have bad taste, especially in DC.[/quote] It's all about price, every house sells when priced well for what it is. The market for the old mcMansions is difficult, because they require $$$ renovations, but cannot sell for the price of small tear down homes. They have sq. footage, good bones and people feel it's a waste to tear them down. Why they have to be priced in a way to allow cushion for the work to be done, because every potential buyer isn't looking at this price, but at their "final" price to make it move-in ready for them. [/quote]
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