Anonymous wrote:Anonymous wrote:Apples to apples, northern Arlington is more expensive and has been for decades. I live in McLean (between Kirby, Old Dominion and Pimmit Run) and there are tons of people who moved here because they could not afford a comparable house in North Arlington.
This is why we moved to McLean. It was 7 years ago, and for the same price we would have been in a N Arlington house that we would have immediately outgrown to a McLean house with room to grow. None of the houses were new builds. Our house is 60 years old. We love the neighborhood but not so much the lack of walkability to shops/restaurants (we came from DC and Alexandria). To the person that is super into the 22101 zip code, we're in 22101, and there are many reasonably sized and not outrageously priced houses here.
Anonymous wrote:Anonymous wrote:We chose FCC because we like the small town vibe, Harris Teeter, and private school experience. Our realtor said that the Whole Foods will increase our home values by 15 percent, so we are investing in other properties.
It will not. The average nice 4 bedroom house in FCC goes for 1.2m or so. People are not so desperate to get organic kumquats that they are suddenly going to pay nearly $200,000 more for the privilege of being able to walk to them. FCC already has a lot of walkable amenities, but as several PPs have pointed out, is really no more valuable than comparable properties in surrounding jurisdictions that are totally car-dependent. But real estate does tend to appreciate over time so it’s probably not a bad investment.
Anonymous wrote:OP here. Seems like Falls Church City is a good bargain relative to the other two locations. Are there downsides I'm not seeing besides distance to DC?
Anonymous wrote:We chose FCC because we like the small town vibe, Harris Teeter, and private school experience. Our realtor said that the Whole Foods will increase our home values by 15 percent, so we are investing in other properties.
Anonymous wrote:Apples to apples, northern Arlington is more expensive and has been for decades. I live in McLean (between Kirby, Old Dominion and Pimmit Run) and there are tons of people who moved here because they could not afford a comparable house in North Arlington.
Anonymous wrote:We chose FCC because we like the small town vibe, Harris Teeter, and private school experience. Our realtor said that the Whole Foods will increase our home values by 15 percent, so we are investing in other properties.
Anonymous wrote: N Arl is huge compared to FCC. Per sq ft the prices are:
22201 N Arlington > FCC > Rest of N. Arlington > Mclean.
Overall prices due to huge lots are split between Mclean and Great Falls.
Anonymous wrote: N Arl is huge compared to FCC. Per sq ft the prices are:
22201 N Arlington > FCC > Rest of N. Arlington > Mclean.
Overall prices due to huge lots are split between Mclean and Great Falls.
Anonymous wrote:Anonymous wrote:Many houses in McLean are priced higher than $5M. One is for sale now for $39M, with more than a few well over $10M.
The answer is McLean.
You need to read the OP - “assume same house.”
Anonymous wrote:Anonymous wrote:Anonymous wrote:OP here. Seems like Falls Church City is a good bargain relative to the other two locations. Are there downsides I'm not seeing besides distance to DC?
Downsides: Falls Church City is very small, the number of really nice houses in FCC isn’t that large, the number of really nice houses on the market in FCC at any particular time is even smaller, and some think the small school system - where your kids can end up in the same small cohort of kids from K through 12 - is stifling and leads to excessive familiarity.
Totally agree with this assessment. We actually moved out of FCC into McLean for this reason - McLean is also more diverse, we are an Asian family.
Anonymous wrote:Anonymous wrote:OP here. Seems like Falls Church City is a good bargain relative to the other two locations. Are there downsides I'm not seeing besides distance to DC?
Downsides: Falls Church City is very small, the number of really nice houses in FCC isn’t that large, the number of really nice houses on the market in FCC at any particular time is even smaller, and some think the small school system - where your kids can end up in the same small cohort of kids from K through 12 - is stifling and leads to excessive familiarity.