Yup those window coverings will certainly help the fact that the neighboring houses are just a few feet away lol |
Please help me understand if I am missing something. This builder is well known and actually posts the prices on their website for building various models on your lot. This build looks like it would cost about $1million for just the home if you asked them to build it on a lot you already owned. (Plus probably some site work costs and permits?) So if the lot costs the builder $1.45M and the house costs $1M to build. How do they get to a price point of $4.6M? Is the up charge for a spec home really that significant? Or are the finishes on this house that superior to what they normally include in their homes. |
I am wondering the same.. They list semi custom home plans that range from 800s to over 1 mil. This one is likely having more luxury upgrades, but I think they are definitely capitalizing on the land price and the area. I also wonder if someone owns a similar lot in the same area if they would quote a higher price just based on that reason alone instead of just quoting price of construction without trying to make extra profit on land value. Would the same model cost the same to build in S.ARlington vs. premium part of Mclean given the same size lot and topography? |
If you build a house bigger than 7K sq.ft. on half acre lot of less, it's pretty much guaranteed that at least 1-2 neighbor's houses will be a few feet away. You will be lucky to find a lot that at least faces some wood reserve, or a corner lot, or is far away from a neighbor at least on one side, but on left and right you will have neighbors so close, that you might as well not have those side windows at all
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It was already said before - they are fielding out offers for buyers willing to overpay. In this market and location, it makes sense. |
That's pretty obvious, I'm not sure what is the point of this statement |
The point is that these houses aren't unique in this respect. This isn't the negative feature, it's the standard feature. |
Yeah it’s not foreignness, or foreign culture driving this really, it’s new-moneyness. People who choose to immigrate to another country do so seeking new opportunities or adventure, and so just statistically they are less likely to come from older money ensconced in the subtle, restrictive, conservative, often religiously-related polite traditions of their countries of origin, and it shows in the kinds of homes they want |
In many cases new money will buy whatever is available in their desirable area and rebuilt to their tastes. It looks like more lots have come available near a highway? It means more new construction there. Likely more homes went on sale near major highway re-work, makes logical sense. And these lots being located in a desirable area and coming available got snapped. This doesn't mean there is this magical demand for high traffic homes and diminished demand for the homes located in more private low noise, low traffic settings. Everything now gets bought that can be rebuilt. |
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If someone is looking for the more modern look like the second house, then this could be a good option
https://www.redfin.com/VA/Mc-Lean/7216-Davis-Ct-22101/home/9397066 |
Wow. Looks like a prison from the front. But otherwise nice. |
Lol. The curb appeal is lacking on this house. Not to mention a 5 million dollar house on just over a quarter acre lot. But inside looks very well done otherwise. |
Eyesore. Looks like it’s 10 feet back from the street. Far too big for the yard. |
The second one is contingent as of today. |
Georgetown Ridge Court house is back on the market. Will any of the overpriced McLean homes on this thread ever sell? |