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[quote=Anonymous][quote=Anonymous][quote=Anonymous]If memory serves, think the 60k number for outdoor and 40k for basement is right--we visited the Howard County Toll Brothers and got a rough estimate and the impression is that the big ticket upgrade items wouldn't change too much if we decided to build in North Potomoc. We went through something similar this when we built a few years back in a different area of the country,[b] but it is near impossible to get an estimate for the basic cabinets/countertop, etc. upgrades. [/b]I preferred Mitchell & Best's transparency in that regard when we met with them--they are willing before contract to do some of the design breakdown and actual let you interact with the sample materials.

If anyone is curious about their minimal/basic pricing structure: [b]At least 5% base down and 20% of any structural upgrades and lot premiums at contract, then another 20% of any design center upgrades. Obviously that all goes into closing, in addition to the rest of the down payment you'll want to do. [/b]

That said, I always think better to do your own outdoor living and basement unless pressing need to have the basement done at move-in. Totally just my opinion, but when we sold our last house, the fact we didn't have the same outdoor living as everyone else helped our house sell 50k over comparable properties and we didn't have the construction cost rolled into the mortgage in the first place so win-win. Know there are people who feel differently though, particularly for convenience sake. [/quote]

Thanks for this.  Regarding your first bold, that is always incredibly frustrating.  I am always hesitant to make a new home committment without knowing full well what I'll get with my home/selections.

As to your 2nd point about 5% base down, etc., can you clarify what this means?

Lastly, in your experience with TB, are their standard packages relatively decent or are they paltry so that you HAVE to get loads of options over builder grade to make it a meaningful purchase (especially above 1M).[/quote]

Oh, I was just trying to explain their “minimum” financing structure to write a contract for those interested in that set-up. You’ll have to put down 5% of the base price of the house (meaning without upgrades) and 20% of the total structural upgrades you pick at contract—extra windows, bathroom, expanded kitchen, side-entry garage, etc.). Then a few months later you put down 20% of whatever design upgrades you choose in terms of finishes.

I think their design packages can vary significantly from community to community—I think even slightly different between the Turf Valley and Linden Grove developments, which makes things confusing as well. I’d DEFINITELY (once we’re all able to move about responsibly and safely) attend one of their design center happy hours. You’ll be able to touch and feel different options and sometimes the design folks will be a little more knowledgeable/upfront than the sales people on sight. Plus it’s a lot of fun :) If you sign up for updates in any community, you’ll generally get invites to those open house nights.

Hope that’s helpful! We actually really like the smaller house designs in Mt. Potomoc (call me crazy, I know, they just seemed interesting to me) but still figuring out the right area for us long-term. Definitely interested in seeing the models once they open. Looks like it’ll be a huge community![/quote]

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