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Reply to "Ashburn is going crazy "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Not Ashburn but I was surprised to see a house near me go $70K over asking at an original price of $635K. That's a lot for Fairfax.[/quote] what part of Fairfax? Just curious We live near Chantilly HS and our 50 year old house with no basement would sell for $650K at least right now. We bought about 9 years ago for $200k less (when the short sales and foreclosures were cleaning the market-this house was in need of updates, but a livable regular sale) We have decided to stay put rather than move at this time. The low rates are allowing us to refinance and take money out in order to finish up home renovations we wouldn't have been able to otherwise. We're putting in new windows, changing out siding, renovating our bathrooms and closets and several other smaller projects that would have waited otherwise. Wish we could add an addition for an actual in law suite/studio space, but that is our of our price range.[/quote] Not far from Robinson High School. I'm still well underwater with my renovations even with recent appreciation. Deferred maintenance from previous owners was a killer for me.[/quote]
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