While it is several hundred thousand dollars above my budget, I'm sort of intrigued by this $2.7 million house in the Merry Go Round Farm neighborhood of Potomac
https://www.redfin.com/MD/Potomac/11508-Dalyn-Ter-20854/home/10633946
A few questions for the hive mind.
About the house:
Is the price a little high? The fact that it has been on the market for several weeks would suggest it is. But too high by how much?
This house down the street sold for $2.78 million in March -
https://www.zillow.com/homedetails/11500-Dalyn-Ter-Potomac-MD-20854/37164529_zpid/. But the house that sold is bigger (11,521 square feet vs. 8,900 square feet), is on a bigger lot (0.72 acres vs 0.66 acres) and has a view of the Potomac, which the house on the market does not.
Comps in the neighborhood seem to range widely, with (as best I can tell) five houses selling for under $2 million in the last year, while another sold for $2.35 million and still another for $2.95 million.
Would a sale price of $2.2 million for this house be aiming too low in the current market? There are some funky things about the layout, and the kitchen cabinetry and countertops are a little dated (still quite nice), but I don't think those things are dealbreakers.
About the neighborhood:
I've read about the neighorhood and its history. Seems nice and quite bucolic, and I like the idea of 8 miles of trails for hiking and being close to the river and nature --
https://www.merrygoroundfarm.com/info.php?pnum=75b60b8746b67a.
On the other hand, HOA fees, predictably, are not cheap. And I doubt we'd use the equestian center in the neighborhood -- does it make sense to live there if you're not a horse person?
Is there a sense of community at all?
The commute to downtown DC also has the potential to be bad, it appears -- any insights on the commute?
I realize this is a house that is beyond the budget of most buyers. It's very likely out of mine, too.
Sorry for the long post. Thanks for any insights folks can share.