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Reply to "I know why Millenials can't afford houses and pay off their student loans.."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I just read a post where some one claimed 990% of the value on their property is the lot! Either they have acreage or a real shitshack. I'm imagining an 800 sq ft 2bd 1 bth hoarder house in wesley heights.[/quote] I'm imagining a modest house in Franklin Park, McLean. [/quote] I meant 90%. -- typo. It is an 1800 sq foot house in in a good neighborhood in Fairfax county.[/quote] For FX to have it at 90/10 it is either on acreage or a complete dump-teardown-shed. There's a shitshack in mclean that is about 60/40. Fairfax County is even writing in comps as handyman specials if a property closes lower than building + lot assessed value. Or recording it as non-representative sale based on the County assessment area comps.[/quote]
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