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Old 10-23-2012, 09:36 AM
 
9 posts, read 17,068 times
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We look for a house in Northern Virgina and monitor the market information through real estate agency websites.
I find out many houses in pimmit hills/22043 go under contract under 10 days recently. Very odd. Does new tyson development plan push the market up in this area?

Last edited by bmwguydc; 10-24-2012 at 12:06 AM.. Reason: Removed links to sponsored real estate sites as they are considered advertising.
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Old 10-23-2012, 10:01 AM
 
7,926 posts, read 9,642,312 times
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Quote:
Originally Posted by clavinovahan View Post
We look for a house in Northern Virgina and monitor the market information through real estate agency websites.
I find out many houses in pimmit hills/22043 go under contract under 10 days recently. Very odd. Does new tyson development plan push the market up in this area?
Pimmet Hills is definately an older development with smaller houses that people (developers) pounce on to tear down and build huge houses.

Last edited by bmwguydc; 10-24-2012 at 12:06 AM.. Reason: Edited quoted text
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Old 10-23-2012, 10:57 AM
 
2,185 posts, read 2,645,146 times
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Quote:
Originally Posted by clavinovahan View Post
We look for a house in Northern Virgina and monitor the market information through real estate agency websites.
I find out many houses in pimmit hills/22043 go under contract under 10 days recently. Very odd. Does new tyson development plan push the market up in this area?
Inventory is very low right now in this area. A house going under contract in under 10 days is pretty normal right now unless it's priced way too high or has major issues.

Last edited by bmwguydc; 10-24-2012 at 12:07 AM.. Reason: Edited quoted text
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Old 10-23-2012, 10:59 AM
 
Location: McLean, VA
790 posts, read 1,605,208 times
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I drive through Pimmet Hills about twice a month. It's still a run-down hole to me. I don't see a lot of building going on. It reminds me of the southside of San Antonio.
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Old 10-23-2012, 11:15 AM
 
Location: Fairfax, VA
1,449 posts, read 2,801,779 times
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there was just a thread on DCUM with almost the exact same question. Go over there and take a look at the answers.

There are also more threads in THIS forum with info on Pimmit.
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Old 10-23-2012, 12:39 PM
 
92 posts, read 168,352 times
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Tiny little boxes built in 1955, or gee-normous overpriced McMansions.
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Old 10-23-2012, 12:57 PM
 
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Is it possible the land value in pimmit hills goes up in few years?
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Old 10-23-2012, 01:28 PM
 
Location: Tysons Corner
2,772 posts, read 3,641,350 times
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Quote:
Originally Posted by clavinovahan View Post
Is it possible the land value in pimmit hills goes up in few years?
Already has. No reason it wouldnt continue to. I think inevitably it will be redeveloped over the next 50 years because there is no historic overlay. Some long term large development company will slowly start buying out the units and ultimately conglomerate and redevelop it.

That would be urban creep outside of the comp plan. The point of allowing higher density in Tysons should be to keep density in the growth district and to preserve to the maximum extent possible the surrounding established neighborhoods.

Last edited by bmwguydc; 10-23-2012 at 02:15 PM.. Reason: You are not allowed to advertise your own blog on City-Data.
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Old 10-23-2012, 01:40 PM
 
2,185 posts, read 2,645,146 times
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It already is being redeveloped, like all the other vintage 1950s-60s neighborhoods around there. One house at a time. We looked there when we bought, but I wasn't really a big fan compared to other parts of Falls Church, particularly the 22046 zip code. It seems like alot of the Pimmit Hills houses are tiny one level ramblers for some reason. In other parts of Falls Church the old houses still aren't huge but you have alot more of the 2 level rambler style, which was much more appealing to me. Pimmit does have kind of a run down feel to it too. Probably because so many of the houses are tiny and inexpensive compared to nearby neighborhoods.
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Old 10-23-2012, 02:03 PM
 
9 posts, read 17,068 times
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FCNova, you are lucky. lots value in part of falls church (haycock/longfellow/mclean 22046) are already as high as Mclean based on county record. In this case, perhaps, it is smart to buy mclean zip code. .
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