Reply to Am I missing something or is this house priced insanely high?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Is the lot potentially sub dividable? If so, there’s your answer. It’s a big corner lot.

We live in DC in R-20 zoning and the city is now starting to approve corner lot homes to be torn down and they can build two homes on the single lot with a variance. First test case is being built right now around the corner from us.

If MoCo has started approving variances elsewhere on corner lots, then these sellers know what they have. At $800K per home for lot price, that ain’t bad in CCMD. [/quote]

The lot would be too small for that no? Granted I am far from an expert, but the lot is only 5k square ft. Given setback rules (and even just general size) i don't think you could have two SFHs in a small 5k lotike that [/quote]

In the case around the corner from us, the District drastically reduced/eliminated the setback requirements and lot coverage ratio. If you’re on the sidewalk on one side of the property, you can literally reach your arm out and touch the extruding bay window. The builder took a single semi-detached home and is replacing it with two row houses.

I’ll find the permit later today [/quote]

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