Welcome to Luxury For Less, a weekly column highlighting the best deals in luxury real estate. Written by Brandy Schantz of TTR Sotheby’s International Realty, Luxury For Less offers tips and tricks navigating the competitive real estate market and securing the home of your dreams. To learn more, visit ttrsir.com.
The question I am asked most often right now is, “How will COVID-19 affect the real estate market?”.
If this weekend’s sales volume and open house attendance is any indication, it won’t affect it at all. The stock market and the 10-year treasury yield have reacted negatively but I don’t expect that to affect our low inventory market too soon. While the virus has affected retail and industrial real estate in both China and the U.S., we haven’t seen the effects on residential yet. Inventory is still low and demand is still quite high.
This week’s featured home is a beauty in Great Falls. The landscape and pool is beautiful and the Waterworks of Georgetown bathrooms are spectacular. Situated on nearly 2 acres, High Hill has plenty privacy and serenity. The custom wine bar and walk-in wine cellar shouldn’t be missed. Now priced at $1,649,000 for nearly 7,000 sq. ft., this home is a lot of luxury for your money.
To see this beautiful home or any of the other homes on the market in the D.C. area, please contact Brandy at [email protected] or 571-263-0206.
Check out the rest of this week’s Luxury for Less listings:
- 1750 Gilson Street Falls Church (Reduced $100,000)
- 1302 Calder Road McLean (Reduced $60,000)
- 9998 Blackberry Lane Great Falls (Reduced $250,000)
- 406 Plum Street SW Vienna (Reduced $98,000)
The properties listed are a small selection of properties available in the Tyson’s Corner area. For a full list of properties listed on MLS and private exclusives, please contact Brandy Schantz.