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Real Estate
Reply to "Is it cheaper to tear down our existing house and rebuild, or buy a new construction?"
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[quote=Anonymous]OH, and I realize I didn't answer your question about markup. The price differential is always in the land, so it would cost the same to build that $2M house down the road as it would to build on your lot, it's just that the builder may have paid more for the land / land is more desirable etc. What makes a house in one part of Bethesda cost $700K and the same house in another part $1M is location. Unless those $2M houses you are talking about are too big for your lot...in which case you couldn't built it anyway, but, they would be sitting on a bigger piece of land which is factored into that cost.[/quote]
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