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Real Estate
Reply to "So where are all the nicer mid-century homes at?"
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[quote=Anonymous][quote]The lake-front homes in Lake Barcroft are the most expensive in that area, but a typical home in Malbrook or Barcroft Woods typically will sell for more than a house in Lake Barcroft that's not directly on the lake, unless it's a really big house. Also, Malbrook feeds to Sleepy Hollow and Barcroft Woods feeds to Belvedere, which don't have the same issues with overcrowding as Bailey's, which is the assigned school for the northeast section of LB. [/quote] There are some really nice houses on Malbrook and some of the surrounding streets off of Sleepy Hollow Road, but if you have two comparable houses, the one in Lake Barcroft would sell for more simply because it is part of the lake. For example, this AWESOME mid-century house on Malbrook that is on 1.16 acres and just two or three houses outside of Lake Barcroft sold for $705,000. (This house is so beautiful in the Spring w/azaleas everywhere. The photos don't do it justice.) Compare that to this house just around the corner (maybe 5 houses away but [u]inside[/u] the Lake Barcroft neighborhood) that is a tad smaller and on .61 acres (s. 1.16) sold for $880,000. It has some updates but not $180,000 worth of updates. And this one (http://www.zillow.com/homedetails/3424-Farm-Hill-Dr-Falls-Church-VA-22044/51848246_zpid/) directly behind the Malbrook house that sold for $828,000 or this one that sold a few years ago for $760,000 (http://www.zillow.com/homedetails/6208-Waterway-Dr-Falls-Church-VA-22044/51848214_zpid/) and would probably list for more now. It's not that the houses are "better"--it's that people want access to the lake. Bailey's overcrowding won't be an issue next Fall when the second campus (grades 3-5) opens. [/quote]
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