Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Virginia > Northern Virginia
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 11-03-2018, 07:29 PM
 
2 posts, read 4,241 times
Reputation: 10

Advertisements

Howdy, first time poster. Looks like Amazon is zeroing in on Crystal City as its HQ2 site. Which zip codes in the nearby areas would see the properties appreciate the most in the next decade? thanks,
Reply With Quote Quick reply to this message

 
Old 11-04-2018, 03:30 AM
 
Location: Virginia-Shenandoah Valley
7,670 posts, read 14,153,907 times
Reputation: 7464
Front Royal
Reply With Quote Quick reply to this message
 
Old 11-04-2018, 07:27 AM
 
Location: Central Virginia
6,512 posts, read 8,290,285 times
Reputation: 18578
Generally, anywhere inside the beltway.
Reply With Quote Quick reply to this message
 
Old 11-04-2018, 03:15 PM
 
Location: Virginia-Shenandoah Valley
7,670 posts, read 14,153,907 times
Reputation: 7464
Quote:
Originally Posted by HokieFan View Post
Generally, anywhere inside the beltway.
I answered Front Royal as I'm confident they won't be back.
Reply With Quote Quick reply to this message
 
Old 11-04-2018, 04:39 PM
 
Location: Alexandria, VA
15,102 posts, read 27,546,247 times
Reputation: 27147
Quote:
Originally Posted by Bigfoot424 View Post
I answered Front Royal as I'm confident they won't be back.
LOL - pretty good bet.
Reply With Quote Quick reply to this message
 
Old 11-04-2018, 07:07 PM
 
Location: Huntersville/Charlotte, NC and Washington, DC
26,678 posts, read 41,512,884 times
Reputation: 41292
South Arlington mainly around 395 and Shrilington.
Reply With Quote Quick reply to this message
 
Old 11-04-2018, 07:25 PM
 
2 posts, read 4,241 times
Reputation: 10
Thank you for all the replies, I am also doing more research myself but nice to hear from people who actually live there. Very helpful.
Reply With Quote Quick reply to this message
 
Old 11-04-2018, 08:25 PM
 
514 posts, read 434,144 times
Reputation: 721
I agree with the Dissenter, South Arlington. The obvious answer would be in 22202 zip code, where all the signs are showing the new HQ would be. But the area is already very expensive. You could find a condo in an old bldg. for a few hundred but you're looking at $700+ in condo fees. From an investment perspective, that would take a big chunk out of your monthly profit. You would really have to put down a significant amount for a down payment to make the numbers work and to ensure positive cash flow. I personally hate condo fees, to me it seems like you're throwing money away. The 22201 zip code area is very popular with the millennials but the housing market in that area is also very high already so I'm not sure how much and how quickly it would go up.

In the South Arlington area, there are still many run down and sketchy areas, where personally I would not want to live at this point. But one could say that the area is up and coming. If Crystal City is in fact selected for the second HQ then I'm sure that area will be redeveloped very quickly! I've seen that fist hand when I lived close to Pentagon City yrs. ago. One developer build brand new apartments and right across the street there were low income apartments. Then one day the individuals who lived in the low income housing received notices on their doors stating they had so many days to move out. The apartments were torn down and brand new luxury apts. were build, which were later turned into condos. I suspect similar thing will happen in South Arlington, where there are lots of low income apt. and the low income earners will be pushed out to - I don't know where. And just to be clear, there are some nice areas in South Arlington also, but other areas not so much;and historically South Arlington was always less desirable place to live.

The other areas for investments I think would be some pockets of Alexandria, that aren't so desirable right now, some areas in Falls Church and Dunn Loring. Also, anything close to the metro. There are many individuals like myself who live in this area and would not want to live anywhere that's not close to the metro. Add aprox. 50k people, the traffic will get much, much worse, so anything close to the metro will be even more valuable. I would keep an eye on areas along the Silver line, such as Tyson's, Reston and Herndon. The final extension of the Silver line is expected to be completed in 2020, and there's lots of construction along those areas already, although not cheap. But you could still find deals, especially in Herndon. I personally wouldn't want to commute further out than Herndon, as commuting from Reston to Crystal City is far enough for me.

Last edited by EmiSky; 11-04-2018 at 08:53 PM..
Reply With Quote Quick reply to this message
 
Old 11-04-2018, 10:09 PM
 
126 posts, read 188,145 times
Reputation: 49
Anywhere Arlington & around 30 miles radius is not a bad idea!!

Quote:
Originally Posted by michaelgdzhang View Post
Howdy, first time poster. Looks like Amazon is zeroing in on Crystal City as its HQ2 site. Which zip codes in the nearby areas would see the properties appreciate the most in the next decade? thanks,
Reply With Quote Quick reply to this message
 
Old 11-04-2018, 11:36 PM
 
2,736 posts, read 5,428,731 times
Reputation: 2305
Arlandria.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Virginia > Northern Virginia

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top