Wednesday, October 29, 2008

McMansion Watch: Bank-owned McMansion

14159 Natalma Ct., Leesburg, VA 20176

4 beds, 4 baths, 4310 square feet.
Price: $644,900 shows four sales transactions since being built in 2005.


  1. $644K is priced to sell?!?!?!

    This home has the exact same problem as the one from last week. It is way out in the middle of nowhere.

  2. That house is not sexy, but it is unappealing.

    $200,000, and that is my final offer.

  3. Haha. I could offer 200K myself, but I would be afraid they would accept, so I guess I won't make the offer.

  4. Looks like it's never been lived in. Must be a speculator special. It doesn't look like to bad of a house, kind of a generic, suburban style home. Since I work downtown, I wouldn't want that kind of commute. For someone that works in Reston, it might not be too bad.

    Like most houses around here, the problem is in the pricing. This appears to be a typical upper-middle class home, but the price is out of reach to a typical upper-middle class income. Plus, the housing industry has overbuilt this type of house, so there is an excessive supply of these homes.