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16735 Falconhurst Dr
Purcellville, VA

16735 Falconhurst Dr

$1,575,000
5 bd • 6 ba • 7,809 sf

This analysis was generated by artificial intelligence on 1/24/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

List Price

$1,575,000

Price/Sq.Ft

$202

Year Built

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

This luxurious property at 16735 Falconhurst Dr, Purcellville, VA 20132 offers exceptional value at $201.69/sqft, which is approximately 20% below the average price per square foot for similar high-end homes in the area. The expansive 7,809 sqft layout is nearly triple the size of the average home in Purcellville, providing ample space for large families or those who enjoy entertaining. With 5 bedrooms and 6 bathrooms, it offers versatility for various living arrangements. The property boasts a private pool, a rare amenity in the area, increasing its value by an estimated $50,000-$75,000. The picturesque setting with mountain views and expansive green spaces adds significant aesthetic value, typically commanding a 10-15% premium in the local market. The metal roof over the porch area suggests attention to quality and durability, potentially saving $5,000-$10,000 in maintenance costs over the next decade.

The Bad

The property's size and luxury features come with high maintenance costs, estimated at $15,000-$20,000 annually. Property taxes in Loudoun County are among the highest in Virginia, likely exceeding $15,000 per year for a home of this value. The expansive lawn requires significant upkeep, with potential landscaping costs of $5,000-$7,000 annually. The pool, while an asset, incurs ongoing maintenance expenses of approximately $2,000-$3,000 per year. The rural location may limit access to high-speed internet and other urban amenities, potentially affecting work-from-home capabilities or entertainment options. The lack of information about the year built raises concerns about potential hidden issues or outdated systems that may require costly updates.

The Ugly

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.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

This property is ideally suited for high-net-worth individuals or families with annual incomes exceeding $400,000, based on the 28/36 debt-to-income ratio rule. It's perfect for those seeking a luxurious country estate with ample space for multi-generational living or frequent entertaining. The property would appeal to buyers prioritizing privacy and natural beauty, particularly those looking to escape urban environments. It's well-suited for remote workers in high-paying industries who can take advantage of the space for home offices. The expansive grounds and pool make it ideal for families with children or those who enjoy outdoor activities. Investors looking for high-end vacation rentals could potentially generate $10,000-$15,000 per month during peak seasons, given the property's unique features and location.

Not For

This property is not suitable for first-time homebuyers or those with household incomes below $300,000 due to the high ownership costs. It's impractical for singles or couples without children who may find the space overwhelming. The rural location makes it unsuitable for those who require easy access to urban amenities or have long daily commutes to major employment centers. The high maintenance requirements make it a poor choice for those seeking a low-maintenance lifestyle or frequent travelers. It's not ideal for buyers sensitive to high property taxes or those looking for properties with strong short-term appreciation potential in a more urban setting.
Demographics
Area Median Income

$158,476

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Risk Assessment

Risk Analysis

The property faces several risks and potential issues. The rural location may be subject to zoning changes or nearby development that could affect property values and the current scenic views. Well and septic systems, if present, pose risks of contamination or failure, with remediation costs potentially exceeding $50,000. The large size and custom features may lead to extended selling periods and potential price reductions if market conditions change. Climate-related risks include increased frequency of severe storms, potentially leading to higher insurance costs and property damage. The pool presents liability risks, potentially increasing insurance premiums by 10-20%. Future infrastructure projects or changes in local regulations could impact property taxes or require costly upgrades to meet new standards.

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Monthly Costs

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