Mt Prospect in North Potomac

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think many of the people who buy at Mt Prospect can easily afford it. If you make a million/yr, who cares if you overspend by a few hundred thousand if that’s what you want? Some folks stay at a Ritz, others a Holiday Inn…don’t judge others based on what your situation is.

I make over a mil a year and i do care. That is how i have made a net worth of so much in the first place is smart investing. I will not spend a penny over 2.3 million for a home here (kalorama, fully loaded) and am fine paying all cash. The problem is the interest rates are too low for this community to drop enough. Even 2.3 is overpaying, probably worth closer to 1.8-2 flat

Why are people so weirdly opposed to this community?

Because it took over an incredibly lovely exurban area with farms and lots of green space and built hundreds of close together McMansions. Totally changed the vibe of the community. Also, if you really want “wealth” and a status feel, drive around the corner to Belvedere…

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think many of the people who buy at Mt Prospect can easily afford it. If you make a million/yr, who cares if you overspend by a few hundred thousand if that’s what you want? Some folks stay at a Ritz, others a Holiday Inn…don’t judge others based on what your situation is.

I make over a mil a year and i do care. That is how i have made a net worth of so much in the first place is smart investing. I will not spend a penny over 2.3 million for a home here (kalorama, fully loaded) and am fine paying all cash. The problem is the interest rates are too low for this community to drop enough. Even 2.3 is overpaying, probably worth closer to 1.8-2 flat

Why are people so weirdly opposed to this community?

I don't think it's the community itself, but Toll Brothers as a builder.

[Anonymous]

It appears that the people who have purchased in Mt. Prospect are happy with the community and their Toll homes. You can’t see much of the development from the main roads, so it doesn’t really affect the vibe of the area. I guess if you owned a home adjacent to the old farm and now saw houses, you’d be upset with your view, but that can happen anywhere.

The reality is the lots are selling and people want to live here. That’s why prices are rising again. I bought a Windmill here and love it. It’s a great place to live. I don’t want a giant yard to maintain. I bought a beautiful home with wood views in a great location for my family.

[Anonymous]

Anonymous wrote:It appears that the people who have purchased in Mt. Prospect are happy with the community and their Toll homes. You can’t see much of the development from the main roads, so it doesn’t really affect the vibe of the area. I guess if you owned a home adjacent to the old farm and now saw houses, you’d be upset with your view, but that can happen anywhere.

The reality is the lots are selling and people want to live here. That’s why prices are rising again. I bought a Windmill here and love it. It’s a great place to live. I don’t want a giant yard to maintain. I bought a beautiful home with wood views in a great location for my family.

Or if you now have to deal with that stupid roundabout and increased traffic, you wouldn’t be happy. I mean it is what it is but saying it doesn’t affect the vibe of the area when it used to be a huge farm is silly.

[Anonymous]

People sure love to whine

[Anonymous]

Anonymous wrote:It appears that the people who have purchased in Mt. Prospect are happy with the community and their Toll homes. You can’t see much of the development from the main roads, so it doesn’t really affect the vibe of the area. I guess if you owned a home adjacent to the old farm and now saw houses, you’d be upset with your view, but that can happen anywhere.

The reality is the lots are selling and people want to live here. That’s why prices are rising again. I bought a Windmill here and love it. It’s a great place to live. I don’t want a giant yard to maintain. I bought a beautiful home with wood views in a great location for my family.

Wonderful that you're happy with your house and the community. Seems like that's all that matter at the end of the day. The vitriol relating to this community is quite odd especially from people who don't like in this area.

[Anonymous]

Why are the bedrooms so small in these homes? I'm talking bout the Renwick and Parkhurst models?

[Anonymous]

They put the windmills back on their website and they priced up. Smaller lots than phase 1 overall, and literally double the price as when phase 1 started. Expect to pay between 2.6-2.8 M for the Kalorama and 2.3+ for a renwick. Insanely high prices. People should boycott this community until the prices come down to closer to 1.8-2 million finished

[Anonymous]

Anonymous wrote:They put the windmills back on their website and they priced up. Smaller lots than phase 1 overall, and literally double the price as when phase 1 started. Expect to pay between 2.6-2.8 M for the Kalorama and 2.3+ for a renwick. Insanely high prices. People should boycott this community until the prices come down to closer to 1.8-2 million finished

Double the price? It says Windmills starting at 1.8M…were they being offered for 900k when they opened?

[Anonymous]

Anonymous wrote:

Anonymous wrote:They put the windmills back on their website and they priced up. Smaller lots than phase 1 overall, and literally double the price as when phase 1 started. Expect to pay between 2.6-2.8 M for the Kalorama and 2.3+ for a renwick. Insanely high prices. People should boycott this community until the prices come down to closer to 1.8-2 million finished

Double the price? It says Windmills starting at 1.8M…were they being offered for 900k when they opened?

I remember the Hamlets starting around that when the neighborhood was first announced, maybe that’s what they meant.

[Anonymous]

Actually, Hamlets started at $1M, Orchards at $1.185M, & Windmills at $1.377M. That’s back in 2020 (I Googled it).

[Anonymous]

How in the world did someone come up with $2.6-2.8 for a Kalorama? Highly doubtful— Only if it had every option and highest level finishes under the sun.

[Anonymous]

Anonymous wrote:How in the world did someone come up with $2.6-2.8 for a Kalorama? Highly doubtful— Only if it had every option and highest level finishes under the sun.

Yeah, we’ve build two homes—one TB and another with NV Homes. I have no idea what people are doing in the design center to get to those prices.

[Anonymous]

The starting price for a Kalorama at Kingsley Woods is about $135K more than the starting price of a Renwick. If the Mt. Prospect Renwick starts around $1.8M, that means the Kalorama would be likely be priced under $2M. Nobody is spending anywhere near $600-800K on options. $100-250K is more like it on a nicely upgraded home.

[Anonymous]

Anonymous wrote:The starting price for a Kalorama at Kingsley Woods is about $135K more than the starting price of a Renwick. If the Mt. Prospect Renwick starts around $1.8M, that means the Kalorama would be likely be priced under $2M. Nobody is spending anywhere near $600-800K on options. $100-250K is more like it on a nicely upgraded home.

+1 We spent 75k on a smaller model. Three levels up in kitchen and flooring, 1-2 levels up in bathrooms and laundry, and some misc. upgrades here and there. We’ve enjoyed upgrading other things in the home to our own taste, including landscaping, given there are only so many options TB offers. One major structural upgrade.

I’ve posted on this before, but really am curious about the motivations for anyone claiming 400k or what have you on upgrades.