PDA

View Full Version : What an awesome looking condo.

Tyler Durden
07-21-2005, 08:28 PM
Would you buy this place ?

pic (http://www.weichert.com/property/property.asp?VAR_SearchCriteria=state%3DVA%26regio n%3D%26county%3DFairfax%26searchtype%3D%26city%3DA LEXANDRIA%26city%3DAnnandale%26city%3DARLINGTON%26 city%3DBURKE%26city%3DCHANTILLY%26city%3DCLIFTON%2 6city%3DDUNN%2BLORING%26city%3DFAIFAX%26city%3DFAI RFAX%26city%3DFAIRFAX%2BSTATION%26city%3DFALLS%2BC HURCH%26city%3DFARIFAX%26city%3DGREAT%2BFALLS%26ci ty%3DHERNDON%26city%3DMC%2BLEAN%26city%3DMC%253ALE AN%26city%3DMCLEAN%26city%3DMERRIFIELD%26city%3DOA K%2BHILL%26city%3DOAKTON%26city%3DRESTON%26city%3D VIENNA%26propertytype%3DSingle%2BFamily%2BHome%26p ropertytype%3DCondo%252FTownhome%252FCo-Op%26Minimum_Price%3D%26Maximum_Price%3D300%26Mini mum_Beds%3D%26Minimum_baths%3D%26PRM_ShowReciproci tyListings%3D1%26pagesize%3D10%26orderby%3D%26subm it1.x%3D0%26submit1.y%3D0%26pagestart%3D11%26&VAR_ PropertyPagingList=FX5320417%7CMRIS%3BFX5321216%7C MRIS%3BFX5322636%7CMRIS%3BFX5298286%7CMRIS%3BFX531 5918%7CMRIS%3BFX5309511%7CMRIS%3BFX5295336%7CMRIS% 3BFX5260791%7CMRIS%3BFX5315794%7CMRIS%3BFX5304851% 7CMRIS&VAR_CurPropertyPage=2&VAR_MaxPropertyPage=1 3&PRM_MlsNumber=FX5295336&PRM_MlsName=MRIS&state=V A&county=FAIRFAX)
JAA
07-21-2005, 08:29 PM
Id buy it simply for the view.

- Jags
tdarko
07-21-2005, 10:14 PM
just bought it.
JoeU
07-21-2005, 11:33 PM
[ QUOTE ]
Would you buy this place ?

[/ QUOTE ]

No, ummm, nope.


I owned a condo for 6 years, and I now own a house.

There is definitely something to be said for a back yard.

Joe
Peca277
07-22-2005, 12:14 AM
Don't worry, I'm sure in a couple of years it will have been knocked down so they can build a few more $800,000 townhouses on the property.
Rushmore
07-22-2005, 12:17 AM
No, because I'd be worried I'd let the cat out.
jakethebake
07-22-2005, 08:17 AM
[ QUOTE ]
[ QUOTE ]
Would you buy this place ?

[/ QUOTE ]

No, ummm, nope.


I owned a condo for 6 years, and I now own a house.

There is definitely something to be said for a back yard.

Joe

[/ QUOTE ]

If nothing else we can say that a backyard is actually land, whereas a condo is just a depreciating asset.
Wes ManTooth
07-22-2005, 09:03 AM
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Would you buy this place ?

[/ QUOTE ]

No, ummm, nope.


I owned a condo for 6 years, and I now own a house.

There is definitely something to be said for a back yard.

Joe

[/ QUOTE ]

If nothing else we can say that a backyard is actually land, whereas a condo is just a depreciating asset.

[/ QUOTE ]

depreciate in northern VA, definately not, the market is redonkulous nothing depreciates.
jakethebake
07-22-2005, 09:07 AM
[ QUOTE ]
depreciate in northern VA, definately not, the market is redonkulous nothing depreciates.

[/ QUOTE ]

the market is redonkulous. it won't remain that way forever. the fact is that land is land and tends to appreciate. when you buy a condo, you don't own land. a building depreciates over time. markets come and go, but buildings don't last forever. Although, I admit in some places the type of condo buildings are built to last longer than others. But in most places, NYC being an exception for instance, condos have been a poor long-term investment.
Bluffoon
07-22-2005, 09:13 AM
No. There is no garage.
dcasper70
07-22-2005, 09:23 AM
Condo fees are rather high. You might want to find out why.

I just sold a condo with similar fees, and they were that high due to large number of costly repairs (new roofs, sewage line upgrades, costly electrical issues, etc.)

Just a CYA reminder...