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Archive for June, 2007

I noticed that lots of us struggle with a simple question: Given a choice A and B, which one is better?

A friend of ours was so confused with different options given to him while buying a house. Just like most of us, he was not sure on how to evaluate his choices objectively. I advised him to jot down all his wants & needs. Compare against choice A and B. Here is a small excel sheet I prepared for this purpose.

choice_a_or_b2.jpg

This type of decision making is also used in many fields, such as operations management. In the above table, second column is a figure to be given by you (user). Next two columns are values given by you, based on your judgment (for features listed on first column). Last two column values are from column2 * column 3 and column 2 * column 4 respectively. Finally you will arrive at a figure by adding all values in last two columns. Above calculation says, Choice A is better.

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Last weekend, I strolled around village center and movie complex, hoping to get a peek. All doors were padlocked and there was no activity of any kind. I thought it would take a couple of months to get everything ready. Surprisingly, here is an announcement from movie theater operators: movies

I am a little skeptical, if everything around village center would be ready by then. At least, walk areas, landscaping, etc. I think they should open theaters after everything else is done, including all retail stores. BTW, Borders is expected to be there next year (change of schedules). I am not so much into restaurants, as there are enough of them in Ashburn area now!

Amazing, there are free movies for kids for a few weeks. Parents & adults are admitted free too. Who says nothing comes free?!!

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Did you ever hear a real estate agent boasting about new commercial cool developments in your vicinity?!! I was never sure how accurate those claims are. Even if developer wanted something right close to your home, lots of factors can come in their way. Look at Brambleton Village Center. It is delayed by many months, the way it is getting completed makes me wonder if we can expect it any time this year (2007).

New commercial & shopping centers make me more interested than office buildings in our area. I came across way cool site that gives some insight into new developments & tenants. Not sure how big these folks are in commercial arena. Click here for active ones in Loudoun County

NOTE: If you wanted to buy or lease these properties, they may no longer be available. Did you ever come across displays claiming ‘lease’ or ‘sale’, though that property is gone eons back. Looks like real estate professionals like “exposure” of their name as much, with those displays staying there long after that property is taken.

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