Reply to Do wealthy people buying $1M-4M homes near a Metro stop even use the Metro?

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Reply to "Do wealthy people buying $1M-4M homes near a Metro stop even use the Metro?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]
[b]First house is in walking distance to a lot of stuff, hardly just the Metro.[/b] And first home looks a lot nicer to me - how do you know or define "better"?[/quote]

All of which come with being in close proximity to a Metro.

As for 'better'...the first house looks like it was last upgraded in 1995. Aside from the drab, grey kitchen which to be honest looks builder cheap with a nice choice of appliances nothing about the house appeals. Not a good use of space, too much wallpaper, oak is last century, all the rooms are closed off and boxy.

[img]https://ssl.cdn-redfin.com/photo/57/mbpaddedwide/206/genMid.DC9681206_6_1.jpg[/img]

[img]https://ssl.cdn-redfin.com/photo/57/mbpaddedwide/206/genMid.DC9681206_10_1.jpg[/img]

Then there's the second house which has an open, airy feel - clearly updated hardwood floors, great architectural features, you can tell its been renovated recently and higher quality interior design. The second house is world's better than the first. The location just sucks.

[img]http://photos.zillowstatic.com/p_f/ISifzkpp1hlm7d0000000000.jpg[/img]

[img]http://photos.zillowstatic.com/p_f/ISmi8l3fm8zzrc0000000000.jpg[/img]

[/quote]

have you actually been inside these houses?  I can tell you that if these 2 homes were side by side, I'd pick the one that went for $2.5.  look at the photos for when the SV home was last for sale more than a decade ago-- the photos are exactly the same- it has not been recently renovated.  the SV house bathrooms are dark grey marble and brass - very very dated. it's really a look that will appeal most to people in their 60s/70s+.  And SV homes are "underpriced" because of the munitions issue. There are a group of buyers who won't consider that area because of those environmental issues - which is a large reason for the difference in price.  Believe what you want to believe, but the $500K price difference is NOT because of the metro proximity.[/quote]

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