1 Million Close-In Bethesda
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Anonymous
The email I received said pricing starts at 1m and elevator home floorplans start at 1.4m |
Anonymous
One should expect the “under $1M” models to be around 1800 sq feet and probably $950K+ for base finishes; once configured with modest finishes like hardwood flooring throughout, expect the starting cost to be closer to $1.1M. EYA’s web site says their townhomes with elevators, which are typically 3000-3400 sq feet, wil start at $1.4M (which would put them at $1.5M+ with modest finishes and around $1.6M with higher-end finishes). |
Anonymous
Would not really characterize this as releasing pricing. They provide a range. I am more so referring to pricing for specific home sites and options (e.g., hardware, flooring). |
Anonymous
Many people who live in the SFH's in this area are not at all nouveau riche -- they are old money. |
Anonymous
'' they are STARTING at 1 mill and I doubt there will be many(if any) at 1 million unless somehow you get in right now. there wont be any "under 1 Million" models. more than likely the 1 millions will go for 1.5 and the elevator models probably 1.8+. The other reason is the school system, its one of the last public school sytems in the county that are ranked high. The council is working hard to change that btw. |
Anonymous
There is no getting in “right now” as reservations are still a ways off. The way EYA operates is that they have several phases (say 50 units with a different mix of townhouse models), and in each phase, all buyers in each phase get basically the same price (there may be slight lot premiums for end units or units closer to park space). EYA’s lowest cost models always have much less square footage with smaller garages than the top models, and they are always interior units rather than end units. The only people who pay more than the base price in the first phase will be those who want more than the base finishes. For example, the base finishes generally do not include hardwood throughout the entire home; that alone can add $25K or more to the base price. Bumping the kitchen cabinets to the ceiling could add another $15K. And replacing the default granite with quartz or quartzite throughout the home could add another $20K or more. EYA owner |
Anonymous
so in your experience, how close to the initial "starting at....", to what is the price in the first phase released and do the next phases typically get more expensive |
Anonymous
| The initial price for the first set of townhouses released, without any add ons, will indeed be “starting at 1M”. The same house, without add ons, but released in the last batch of units to be sold, could go for 200-300k more due to demand alone. And that’s the smaller ones, which tend to be 2200 sq ft. The largest one, with an elevator, with all the bells and whistles, can reach 2M probably |
Anonymous
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Given the relatively small size of the development (~110 townhomes), there likely won’t be more than three phases. I’d guess they’ll take reservations on the first 50, then maybe the next 25, and then maybe the remainder. People who pay first always pay the least but then they have to live in a construction zone for some period of time after they move in. People who move in last pay the most but they don’t have to live through all the construction around them.
To get a sense of what to expect, as far as floor plans (exteriors will look very different) and pricing, take a look at the EYA Reservoir District models. https://www.eya.com/townhomes/washington-dc/reservoir-district/homes-floorplans Expect the starting Bethesda model to be similar to the 1690 square foot Reservoir District “The Bend” model, but to be $60K to $75K more expensive ($999K to $1.025M). Something similar to the Reservoir District “The Daniel” model will probably start about $1.425M. Whether it’s SFH or a TH, you always pay a 15-20% premium per square foot for new construction where you get to pick all your preferred finishes. |
Anonymous
The noise from airplanes is awful there. In fact the neighborhood has a representative on the Community Noise Working Group at DCA and there are only four community members from MoCo. Other communities represented are Cabin John and Potomac. https://www.flyreagan.com/sites/flyreagan.com/files/2023-10/Reagan%20National_Noise%20Working%20Group_Voting%20Members_Oct302023%20%281%29.pdf |
Anonymous
I am the PP who lives a few blocks from this planned townhouse development. The airplane noise is not "awful." Again, this area is farther from the Potomac River than perhaps you realize. I have never heard anyone in the neighborhood complain about airplane noise. Now if you're talking about nearby Glen Echo (off of Macarthur Blvd), then I do agree that the airplane noise is bad. I feel bad for the Palisades neighborhood in DC as well. They are close to the Potomac River, and the planes fly so low there. |