Anonymous
05/16/2023 09:49
Subject: $1 million- Twinbrook (20851)
SOLD
Anonymous
09/22/2022 23:38
Subject: $1 million- Twinbrook (20851)
Have the buyers lost their minds?
Anonymous
09/22/2022 20:43
Subject: $1 million- Twinbrook (20851)
A bidding war too? $100k over? Yikes!
Anonymous
09/22/2022 16:47
Subject: $1 million- Twinbrook (20851)
Those buyers are going to be stuck with that house for a long time. Oh well, I guess you have to live somewhere!
Anonymous
09/22/2022 16:35
Subject: Re:$1 million- Twinbrook (20851)
Anonymous wrote:Anonymous wrote:Closed for $1.2 mil, $101k over ask.
That’s crazy
It is! I own two houses in the neighborhood that I rent out so I am a fan, but JFC.
Anonymous
09/22/2022 16:34
Subject: $1 million- Twinbrook (20851)
Anonymous wrote:This is the definition of overbuilding. There was a house in Rockville a while back where they were asking something like $1.5-2M even though homes in the neighborhood are $600-800k.
Homes in Twinbrook are $350-500k. Massively overbuilding in the location. They will have to eat tremendous sunk cost to sell that thing. Schools in Twinbrook are bad.
Location wise Twinbrook is fantastic though.
Okay
Anonymous
09/22/2022 16:17
Subject: $1 million- Twinbrook (20851)
Anonymous wrote:They over improved it for the area, especially for the street. The comps absolutely will NOT support a price even remotely close to $1M. You would need an all-cash buyer, and all-cash is not looking in this neighborhood. It is a solidly working class neighborhood, that likely wants to remain that way (nothing wrong with that).
Max this house will sell for is $650K. Maybe in Q1 it would have sold for $700K, maybe.
This aged well