Anonymous wrote:Anonymous wrote:Anonymous wrote:It says only $1400. That includes central security, fitness center with spa, pool, concierge, parking garage. Given the home price, that doesn’t seem crazy to me. Buyers are wealthy older people who want to live in McLean, still have a large place, want new construction, elevators, and want high end community amenities. I bet they sell quickly.
I can afford 3M cash but the expected monthly charges on top of property taxes are hard to swallow. I wo t have anything left to help my offspring in this hostile economic environment
You are not their target market. They are marketing to people with NW of $10m +.
Anonymous wrote:Anonymous wrote:It says only $1400. That includes central security, fitness center with spa, pool, concierge, parking garage. Given the home price, that doesn’t seem crazy to me. Buyers are wealthy older people who want to live in McLean, still have a large place, want new construction, elevators, and want high end community amenities. I bet they sell quickly.
I can afford 3M cash but the expected monthly charges on top of property taxes are hard to swallow. I wo t have anything left to help my offspring in this hostile economic environment
Anonymous wrote:It says only $1400. That includes central security, fitness center with spa, pool, concierge, parking garage. Given the home price, that doesn’t seem crazy to me. Buyers are wealthy older people who want to live in McLean, still have a large place, want new construction, elevators, and want high end community amenities. I bet they sell quickly.
Anonymous wrote:Anonymous wrote:They already sold the first phase of these condos and are building the second phase now.
At one point a developer planned to build over a dozen single-family houses on the property but that stalled during Covid and they came back later with this plan for age-restricted condos.
The local supervisor (then John Foust) was enthusiastic about it because it wouldn’t add more kids to McLean HS, which the county ignores. Now they’ll get more tax revenues from seniors on McLean they can spend on schools and social services elsewhere.
The senior I take care of barely pays any taxes (legally) because their medical care fees are so high, so I would not count on lots of taxes from seniors...
Anonymous wrote:You're kidding, right? That's absurdly low, but then again the purchase price (i.e. the buy-in cost) of nearly $3MM is crazy high. My Dad's place in NoVA was $10k a month and it was super popular. But it had only a $1MM buy-in.
Anonymous wrote:They already sold the first phase of these condos and are building the second phase now.
At one point a developer planned to build over a dozen single-family houses on the property but that stalled during Covid and they came back later with this plan for age-restricted condos.
The local supervisor (then John Foust) was enthusiastic about it because it wouldn’t add more kids to McLean HS, which the county ignores. Now they’ll get more tax revenues from seniors on McLean they can spend on schools and social services elsewhere.
Anonymous wrote:You're kidding, right? That's absurdly low, but then again the purchase price (i.e. the buy-in cost) of nearly $3MM is crazy high. My Dad's place in NoVA was $10k a month and it was super popular. But it had only a $1MM buy-in.
Anonymous wrote:Anonymous wrote:You're kidding, right? That's absurdly low, but then again the purchase price (i.e. the buy-in cost) of nearly $3MM is crazy high. My Dad's place in NoVA was $10k a month and it was super popular. But it had only a $1MM buy-in.
A 1 million dollar buy in? Only? I can’t with the wealth around here and people thinking that’s normal
Anonymous wrote:You're kidding, right? That's absurdly low, but then again the purchase price (i.e. the buy-in cost) of nearly $3MM is crazy high. My Dad's place in NoVA was $10k a month and it was super popular. But it had only a $1MM buy-in.