Mt Prospect in North Potomac

[Anonymous]

Anonymous wrote:

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Anonymous wrote:Every home in this area is selling fast... Our neighbors bough a 20 year old home in North Potomac for a million...
So, why not get a new home?

You’d be smarter to purchase in 20854 than 20878. Those are more likely to retain value and less likely to be re zoned.

+1000

Food for thought: Quince orchard high school to Mt. prospect is 2.5 miles and Wooton to Mt. Prospect is at least 5.5 miles. The chances of rezoning are pretty high and MCPS is known for doing all kinds of crazy things in the name of rezoning. Cough...cough Seneca High school.

If the worst case scenario is Quince Orchard HS, that's not bad. I feel it's an acceptable alternative to Wootton. Property value might not grow as quickly, but it certainly won't go in reverse.

I wouldn’t count on it. These houses are going for too much. Everyone is starry eyed over the new homes and development. They’re not a good investment. If you plan to be in them for a long time and just want to be happy with your home, then go for it. It certainly will take $100k off the value if it’s rezoned to QO. I would say about half the kids around this area go private, and half public. Zoning is extreme important in this area and, as someone pointed out, it’s much closer to QO.

Maybe even more than 100k, since these homes are so overpriced.

well it all depends on your goals. I am actually from Manhattan and I am just buying something as a second home where I can come hide when the next corona hit Manhattan This is not an investment for me and I don't really care if prices drop, there is a risk that prices will only go up as well .. Palatine already went up 100K .. In Great Falls TB Arden phase 2 is 200K more than phase 1

[Anonymous]

Anonymous wrote:the rub is probably between those who think of homes as investments (where zip code, school zoning, etc. come into play on retaining/growing values) and those who can afford it and want something that fits their needs better / would make a nice long term home (where valuation fluctuations don't matter as much--all real estate holds up over 10+ year cycles, even when they bottom out like they did in 2008-2009, and over which schools can change in any case). sometimes existing inventory doesn't check as many boxes as people want. so to each his/her own. home ownership as an investment is a risky game to play...

+1000 spot on! the moment you are buying a home you are taking a risk so buy what you need and don't try to be too smart .. People buying phase 2 in the development will pay more am sure ..

[Anonymous]

Anyone have any idea what to budget for the design center? Their included options seem limited, and I don’t want to be surprised with another $200k after I sign. What does everyone think the design center cost will add?

[Anonymous]

Anonymous wrote:Anyone have any idea what to budget for the design center? Their included options seem limited, and I don’t want to be surprised with another $200k after I sign. What does everyone think the design center cost will add?

The sales lady told me to plan for 80 to 100K for that .. My total price is coming up to $1.75 for a ridgeview model

[Anonymous]

Anonymous wrote:

Anonymous wrote:Anyone have any idea what to budget for the design center? Their included options seem limited, and I don’t want to be surprised with another $200k after I sign. What does everyone think the design center cost will add?

The sales lady told me to plan for 80 to 100K for that .. My total price is coming up to $1.75 for a ridgeview model

$1.75m

[Anonymous]

Anonymous wrote:

Anonymous wrote:Anyone have any idea what to budget for the design center? Their included options seem limited, and I don’t want to be surprised with another $200k after I sign. What does everyone think the design center cost will add?

The sales lady told me to plan for 80 to 100K for that .. My total price is coming up to $1.75 for a ridgeview model

I have heard anywhere from 50K to 100K, depending.

[Anonymous]

The price sheet for options we got has cabinetry shown. Is that factored into the design studio cost? Assuming we upgrade things like floors, cabinets, counters etc, why did they include only the cabinet pricing in the list they provided? Does design center budget of 100k include electrical upgrades too?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Anyone have any idea what to budget for the design center? Their included options seem limited, and I don’t want to be surprised with another $200k after I sign. What does everyone think the design center cost will add?

The sales lady told me to plan for 80 to 100K for that .. My total price is coming up to $1.75 for a ridgeview model

Yeah, I’m around there too for same

[Anonymous]

Does anyone know if any of the big front lots (12-15) are still available?

[Anonymous]

Anonymous wrote:Does anyone know if any of the big front lots (12-15) are still available?

On my visit two days ago, yes...they were available

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Anyone have any idea what to budget for the design center? Their included options seem limited, and I don’t want to be surprised with another $200k after I sign. What does everyone think the design center cost will add?

The sales lady told me to plan for 80 to 100K for that .. My total price is coming up to $1.75 for a ridgeview model

I have heard anywhere from 50K to 100K, depending.

I am interested in the Ridgeview model too, looking to add an extra garage, a multigenerational addition, the outdoor space and finish the basement. I was hoping this wouldn't get me over 250k. Can you please share your add ons that got you to 1.75 which is over 300k from the base price. Thank you so much

[Anonymous]

The options plus lot price is 300k for me

[Anonymous]

Anonymous wrote:The options plus lot price is 300k for me

What model did you get and what options did you add. This can help us figure out what we are working with. Thank you

[Anonymous]

Option pricing is essentially the same for all models. We chose garage, outdoor, basement, multigen. Not quite 300, but close

[Anonymous]

Does toll brothers give an information sheet with the cost of each options listed. Can some share this sheet, if possible?