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Old 01-26-2010, 08:23 AM
 
Location: Fairfax, VA
246 posts, read 1,021,804 times
Reputation: 88

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There are a couple of houses on the far western edge of Annandale that I would like to look at, but my DH insists that just having an Annandale address is bad news. We're generally looking in the West Springfield, south east Fairfax, north Burke areas of Fairfax county. He will be working near Fairfax hospital, and those Annandale houses are super close, some less than a mile away. I'd only be interested in the ones that feed into Woodson, not Falls Church or Annandale schools. So what's the big deal with having an Annandale address? This will be a short term move - likely less than 5 years, so resale is very important. Looking to spend around $600K if that matters. Would the exact same house be worth more and easier to sell if it was across the road (literally) in Fairfax vs. Annandale?
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Old 01-26-2010, 09:29 AM
 
5,071 posts, read 8,642,263 times
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Quote:
Originally Posted by alibaba1579 View Post
There are a couple of houses on the far western edge of Annandale that I would like to look at, but my DH insists that just having an Annandale address is bad news. We're generally looking in the West Springfield, south east Fairfax, north Burke areas of Fairfax county. He will be working near Fairfax hospital, and those Annandale houses are super close, some less than a mile away. I'd only be interested in the ones that feed into Woodson, not Falls Church or Annandale schools. So what's the big deal with having an Annandale address? This will be a short term move - likely less than 5 years, so resale is very important. Looking to spend around $600K if that matters. Would the exact same house be worth more and easier to sell if it was across the road (literally) in Fairfax vs. Annandale?
Quite honestly, it's purely a prestige thing and a silly one at that. It's no different from people preferring a McLean address to a Falls Church address, even if the kids are in the Haycock/Longfellow/McLean HS pyramid. Annandale High is already over-crowded, and Woodson is projected to be under-enrolled for the next five years, so the chances that a house in the Woodson district will be rezoned to Annandale or Falls Church are pretty low.

FWIW, there are plenty of $600K homes in the Annandale, Falls Church and Woodson districts, so if that's your budget you'd find plenty of company in any of those areas.
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Old 01-26-2010, 01:52 PM
 
515 posts, read 1,509,163 times
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I live in or near the area I believe you are talking about (Wakefield Elementary school district) and completely disagree with your husband.

Annandale has all sorts of homes, including no shortage of million dollar ones.

It is true that some neighborhoods of Annandale have lost a lot of value in the real estate crash. Our neighborhood has held its value fairly well, declining only about 10% according to the county. During the summer a home went on the market and sold in four days for close to the asking price. AFAIK, houses anywhere in the Woodson district are always in demand; if priced properly such a home should sell without problem.

Although my husband and I are planning to put our home on the market in a few months and move elsewhere now that he is retired, this has been a great place to live. Clean, beautiful and safe.
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Old 01-26-2010, 02:48 PM
 
Location: Fairfax, VA
246 posts, read 1,021,804 times
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Originally Posted by DC Oldtimer View Post
I live in or near the area I believe you are talking about (Wakefield Elementary school district) and completely disagree with your husband.
Yes - that's one of the elementary schools that comes up, along with Mantua. I guess we'll have to check the area out for ourselves, and get over what our friends have to say. My best friend lives in springfield (which has it's own bad parts, I think) but wouldn't be caught dead with an Annandale address. Her DH works with mine, and he has a 30-45 min commute most days. We could serioulsy have a 5- 10 min commute with some of those annandale houses. I guess she can turn her nose up at that!
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Old 01-26-2010, 04:21 PM
 
515 posts, read 1,509,163 times
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Originally Posted by alibaba1579 View Post
My best friend lives in springfield (which has it's own bad parts, I think) but wouldn't be caught dead with an Annandale address.
To each his own, but this notion is not based in reality. My neighborhood (among others around here) is noticeably more upscale than most (perhaps all) of the ones I've seen in Springfield. I just cant imagine that your friend understands the range of communities in Annandale, especially the very western tip.

If your friend thinks that the same home is worth more because it is in Springfield rather than outside-the-beltway in Annandale, she is mistaken. According to bestplaces the median price of a home in Annandale is more than 30K higher than the median price in Springfield.

P.S. If you like contemporary, check out Truro. (Actually there are some colonials there as well, and the neighborhood has a pool.)
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Old 01-26-2010, 05:48 PM
 
5,071 posts, read 8,642,263 times
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Quote:
Originally Posted by alibaba1579 View Post
Yes - that's one of the elementary schools that comes up, along with Mantua. I guess we'll have to check the area out for ourselves, and get over what our friends have to say. My best friend lives in springfield (which has it's own bad parts, I think) but wouldn't be caught dead with an Annandale address. Her DH works with mine, and he has a 30-45 min commute most days. We could serioulsy have a 5- 10 min commute with some of those annandale houses. I guess she can turn her nose up at that!
I would buy the house in Annandale, and then go on the market for a new best friend.
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Old 01-29-2010, 09:39 AM
 
Location: Home is where the heart is
15,400 posts, read 25,828,923 times
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Originally Posted by JEB77 View Post
I would buy the house in Annandale, and then go on the market for a new best friend.
LOL, nicely put Jeb!

IMO, Annandale has some really nice homes--also some sketchy areas. It's silly to lump the whole area together and pass judgement against the entire community because some parts aren't the best. In general, neighborhoods outside the Beltway are nicer, safer, and have been holding their value much better than inside the beltway. I hear that inside the beltway homes have lost about 30% of value since the highs of 2006; outside only about 10%. There are exceptions, however--The Sleepy Hollow neighborhood is inside the beltway and is considered very nice.

Bottom line: there are nice areas. Score a nice house on a nice street and your friend will be singing a new tune.
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Old 01-29-2010, 10:00 AM
 
5,071 posts, read 8,642,263 times
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Originally Posted by normie View Post
LOL, nicely put Jeb!

IMO, Annandale has some really nice homes--also some sketchy areas. It's silly to lump the whole area together and pass judgement against the entire community because some parts aren't the best. In general, neighborhoods outside the Beltway are nicer, safer, and have been holding their value much better than inside the beltway. I hear that inside the beltway homes have lost about 30% of value since the highs of 2006; outside only about 10%. There are exceptions, however--The Sleepy Hollow neighborhood is inside the beltway and is considered very nice.

Bottom line: there are nice areas. Score a nice house on a nice street and your friend will be singing a new tune.
Thanks, Normie!

I agree that Annandale homes inside the Beltway have declined more in value since the highs of 2006 than those outside the Beltway. Even outside the Beltway, however, there are some significant differences - homes in the Truro neighborhood that feeds into Woodson have declined quite a bit less than in some of the Wakefield Forest-area neighborhoods outside the Beltway that feed into Annandale HS. This isn't a knock on Annandale HS and maybe it just means that the values for contemporary houses, which are in relatively short supply in NoVa, are holding up better - but it's what the tax assessment data shows. You could look at it different ways, and others probably already have in the past: some neighborhoods might be viewed as safer investments and others might be viewed as having more up-side potential.

Last edited by JD984; 01-29-2010 at 10:14 AM..
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Old 01-29-2010, 12:07 PM
 
309 posts, read 738,926 times
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My sister lives in Canterbury Woods and almost all her neighbors are state dept, military, etc. They have a great community feel, great schools, pool. Nothing to sneer at from that perspective
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Old 01-29-2010, 12:13 PM
 
515 posts, read 1,509,163 times
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Canterbury woods is a terrific place to find a reasonably priced home in a great school pyramid. Not fancy but homey, safe, and close to all sorts of parks and activities.

Back to the original topic, I just received a real estate newsletter that says the median sales price for a home in Annandale last month was 510K (average price 570.5K) It blows my mind that anyone could think such a place is "bad news."
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