The main point of this article is to show you a few graphics that I stumbled across. So let me get that out of the way up front. I’m not sure there’s a lot of point to this posting beyond that, other than quantifying what you already know: They sure are building a lot of big houses in Vienna. And, at the end, I suggest one possible change in zoning policy: Letting them cut those big houses in half — as duplexes — would provide a type of less-expensive family-oriented housing that is really getting scarce here in Vienna.
The data: Single family homes for sale
Per Redfin (with full attribution and acknowledgement of copyright), below is a map of single-family houses for sale in Vienna VA. I’ve followed that with equivalent maps for Oakton, Fairfax City, Falls Church, and McLean. These are followed by table showing relevant data for each location.
Take a minute to study the dollar values on the maps, or on the summary table following the maps. Scan for houses under $1M and under $500K. Do the dollar values for Vienna seem a bit “rich”, compared to your understanding of these communities?
Continue reading Post #308: The tear-down boom (again), and the McLeanification of Vienna