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 |
Because it IS the right strategy and if you knew anything about the market here now you would understand that. |
I know this street. The location is fantastic. It's walkable to the metro, BCC and downtown Bethesda |
But a corner lot so they have two front setbacks. We are looking in the area and a big no for us - overpriced. |
Is MoCo providing variances on setbacks if a builder adds a new unit of housing? This is what DC is just starting to ramp up. You can definitely stick two attached residences on 5000 sq foot lot. It won’t look like the surrounding homes and will have postage stamp yards, but that hasn’t stopped them from selling like hot cakes in DC and NoVA. |
That's a tear down price. |
That is really overpriced. It requires a big addition/renovation which will cost at minimum $500K and likely more with an excellent design build firm. I would think more $1.2 max. |
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It’s a 5600 sf lot. That statement should be considered false advertising. Not much more square footage to be had with setbacks and all. Basically it’s a tiny lot in Bethesda selling for $1.6 million. |
Overpriced. My 8,000 sq ft lot located on the west side of Bethesda is valued at 1.1M. It has sidewalks, and is a stone's throw from restaurants and shops. This one is 5,500 sq ft. |
^ west side of the downtown. |
I'm from Bethesda. Of course I overpaid for my house. |