Reply to Afford $1.8M on 300K?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Lol at paying $2M to live in Fairfax. [/quote]

We are a boutique builder in fairfax....new homes on 1/2 acre lots in close in Fairfax sell for min $2.2m...approx
4000sq ft top two floors, with 1200 sq ft finished basement.   Lots cost anywhere from $650K to $750K.   [/quote]

Well, by all means charge whatever people will pay, but you can grab a larger new construction house up in north Arlington for that price. If OP is just looking for a basic 4,000 square foot house in Fairfax, you can do a LOT better than 1.8m. But whatever, the underlying question is just a personal calculation of risk tolerance and spending priorities. [/quote]

I know the DC/Arlington/Bethesda crowds will find this mind boggling, but there are MANY of us living in NoVa who do not want to live in Arlington, Alexandria or close-in suburbs. They're unappealing, cramped and riddled with crime. We like the space, schools, and peace in the farther out burbs. I live in FFX and the $2.2M number for the new construction homes here sounds right. It's not something that I want to spend for ANY house, but new construction across the board is overpriced. And yes, we could get a house in Arlington or DC but do not want to live in or near the city.

https://www.zillow.com/homedetails/4057-Doveville-Ln-Fairfax-VA-22032/51837519_zpid/
https://www.zillow.com/homedetails/9224-Okla-Dr-Fairfax-VA-22031/51837703_zpid/
https://www.zillow.com/homedetails/8600-Hillside-Pl-Fairfax-VA-22031/51838621_zpid/

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