16735 Falconhurst Dr

The total monthly ownership costs for this property are exceptionally high, estimated at $10,000-$12,000 ($6,500-$7,500 mortgage + $1,250-$1,500 property tax + $500-$700 insurance + $1,250-$1,700 maintenance and utilities). This cost is nearly double the median household income in Purcellville, severely limiting the potential buyer pool. The property's large size and custom features may make it difficult to sell quickly if needed, with an estimated time on market of 6-9 months, significantly above the area average of 45 days. The rural location and large lot size increase the risk of well and septic system issues, with potential replacement costs reaching $30,000-$50,000 if problems arise. Climate change models suggest an increasing risk of severe weather events in the region, which could lead to higher insurance premiums and potential property damage, especially given the extensive landscaping and pool features.