Anonymous
08/28/2017 09:11
Subject: Re:why new builds in mclean lose values over time?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Location. McLean is a shitty suburb with zero historical value. It took off in the 70s/80s. There are new homes all of the time--so why bybused.
This is in contrast to beautiful historical neighborhoods like Georgetown, Kalorama or Dupont which have incredible city locations and beautiful old, historical homes.
Who wants a 1969 rambler or 1989s great room house in shitsville?
There aren't enough historical neighborhoods to house the country's population. People have to live somewhere. Some people care about living in historically valuable houses, and some can take it or leave it. Bidding wars over reasonably priced houses in McLean show enough people want to live in shitsvilles close to work and with good schools.
LOL. "Historical neighborhood". The demand for the 1950's too small brick boxes is not there.
How odd that you think 1950s residential properties are in "historical neighborhoods." Historical neighborhoods generally have a preponderance of pre Workd War II homes and include areas like Capitol Hill, Maywood, and Cokinial Annapolis.
Bad schools (Capitol Hill), never heard of it (Maywood) and too far away (Cokinial Annapolis). Kind of underscores why most people live in other places, even if they are not full of older properties.
Did you think for a minute, I would suggest that someone of your sort live in an older home?
What "sort" would that be? You don't really have any hand here, much less the upper hand.
Anonymous
08/28/2017 08:45
Subject: Re:why new builds in mclean lose values over time?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Location. McLean is a shitty suburb with zero historical value. It took off in the 70s/80s. There are new homes all of the time--so why bybused.
This is in contrast to beautiful historical neighborhoods like Georgetown, Kalorama or Dupont which have incredible city locations and beautiful old, historical homes.
Who wants a 1969 rambler or 1989s great room house in shitsville?
There aren't enough historical neighborhoods to house the country's population. People have to live somewhere. Some people care about living in historically valuable houses, and some can take it or leave it. Bidding wars over reasonably priced houses in McLean show enough people want to live in shitsvilles close to work and with good schools.
LOL. "Historical neighborhood". The demand for the 1950's too small brick boxes is not there.
How odd that you think 1950s residential properties are in "historical neighborhoods." Historical neighborhoods generally have a preponderance of pre Workd War II homes and include areas like Capitol Hill, Maywood, and Cokinial Annapolis.
Bad schools (Capitol Hill), never heard of it (Maywood) and too far away (Cokinial Annapolis). Kind of underscores why most people live in other places, even if they are not full of older properties.
Did you think for a minute, I would suggest that someone of your sort live in an older home?
Anonymous
08/28/2017 06:49
Subject: Re:why new builds in mclean lose values over time?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Location. McLean is a shitty suburb with zero historical value. It took off in the 70s/80s. There are new homes all of the time--so why bybused.
This is in contrast to beautiful historical neighborhoods like Georgetown, Kalorama or Dupont which have incredible city locations and beautiful old, historical homes.
Who wants a 1969 rambler or 1989s great room house in shitsville?
There aren't enough historical neighborhoods to house the country's population. People have to live somewhere. Some people care about living in historically valuable houses, and some can take it or leave it. Bidding wars over reasonably priced houses in McLean show enough people want to live in shitsvilles close to work and with good schools.
LOL. "Historical neighborhood". The demand for the 1950's too small brick boxes is not there.
How odd that you think 1950s residential properties are in "historical neighborhoods." Historical neighborhoods generally have a preponderance of pre Workd War II homes and include areas like Capitol Hill, Maywood, and Cokinial Annapolis.
Bad schools (Capitol Hill), never heard of it (Maywood) and too far away (Cokinial Annapolis). Kind of underscores why most people live in other places, even if they are not full of older properties.
Anonymous
08/28/2017 00:08
Subject: Re:why new builds in mclean lose values over time?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Location. McLean is a shitty suburb with zero historical value. It took off in the 70s/80s. There are new homes all of the time--so why bybused.
This is in contrast to beautiful historical neighborhoods like Georgetown, Kalorama or Dupont which have incredible city locations and beautiful old, historical homes.
Who wants a 1969 rambler or 1989s great room house in shitsville?
There aren't enough historical neighborhoods to house the country's population. People have to live somewhere. Some people care about living in historically valuable houses, and some can take it or leave it. Bidding wars over reasonably priced houses in McLean show enough people want to live in shitsvilles close to work and with good schools.
LOL. "Historical neighborhood". The demand for the 1950's too small brick boxes is not there.
How odd that you think 1950s residential properties are in "historical neighborhoods." Historical neighborhoods generally have a preponderance of pre Workd War II homes and include areas like Capitol Hill, Maywood, and Cokinial Annapolis.
Anonymous
08/27/2017 10:13
Subject: Re:why new builds in mclean lose values over time?
Anonymous wrote:Anonymous wrote:Location. McLean is a shitty suburb with zero historical value. It took off in the 70s/80s. There are new homes all of the time--so why bybused.
This is in contrast to beautiful historical neighborhoods like Georgetown, Kalorama or Dupont which have incredible city locations and beautiful old, historical homes.
Who wants a 1969 rambler or 1989s great room house in shitsville?
There aren't enough historical neighborhoods to house the country's population. People have to live somewhere. Some people care about living in historically valuable houses, and some can take it or leave it. Bidding wars over reasonably priced houses in McLean show enough people want to live in shitsvilles close to work and with good schools.
LOL. "Historical neighborhood". The demand for the 1950's too small brick boxes is not there.
Anonymous
08/27/2017 09:37
Subject: Re:why new builds in mclean lose values over time?
Anonymous wrote:Value is almost always in the land. That is why it makes zero financial sense to build a $1 million + craftsman structure on a $400k piece of property. The structure will become less and less attractive to buyers with each passing year as it becomes dated. The land will appreciate but not enough to compensate for the declining value of the structure.
Value is not totally in the land if county put some good restrictions on building permits
I'm not sure why faitfax county and in general Virginia and Maryland just allow people to tear down and build new freely
Anonymous
08/27/2017 09:23
Subject: Re:why new builds in mclean lose values over time?
Value is almost always in the land. That is why it makes zero financial sense to build a $1 million + craftsman structure on a $400k piece of property. The structure will become less and less attractive to buyers with each passing year as it becomes dated. The land will appreciate but not enough to compensate for the declining value of the structure.