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Real Estate
Reply to "strange lot for sale in Bethesda"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It went for 77K, someone got a steal.[/quote] Um, how so, exactly?[/quote] It’s a very small piece of land, house is probably going to be narrow but between site costs and the cost of the land, you’re in about $250K. That’s not bad for MoCo and the school system looks really good. Price is also cheap enough that owners can sit on it and build once rates normalize. If it’s a land loan, they have about 3 years before they need to build. [/quote] I wonder if it was an individual or a builder who bought it. [/quote] If it's an individual I would guess they are at least in a building adjacent field. There's some specialized knowledge that would be helpful to feeling confident about the potential there.[/quote]
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