Reply to Northern Virginia builders in 500-600k construction range

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[quote=Anonymous][quote=Anonymous]My guess is that this is the total cost of one those homes--lot and development. There are a couple going up for 1.7-1.9 now, but those are not the norm. 1.4-5 is the norm for new construction with those builders, spec or custom.

The lots are around 500-700K (some variation higher) and then construction costs vary, but can land from 600-900K.[/quote]

Correct, that was the total price.  We got a good deal, we know that, but you can do it if you catch them at the right time.  I think 1.4-1.5 is market for one of the builders mentioned but if you are patient and somewhat flexible on lot, you can get a deal.  School zone will play a part in the lot pricing, you will pay more to be in VES.  But I would be happy with my kids going to any of them in town, it wouldn't influence my decision much if I got a deal and that had to be the trade off.  Not much in the way of cul-de-sacs anymore either, if you can scoop one of those up, you will pay a premium for it which will drive the price up.     [/quote]

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