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Real Estate
Reply to "Mt Prospect in North Potomac"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I hope it doesn't give you pause! I hope the person who made that post was referring only to a potential concern for their home's property value next to an MPDU. My understanding of MPDUs is that they run on a completely different resale market and are controlled by those rules for up to 30 years. Toll will be building them so the quality and style will match the rest of the community. As far as MPDUs and making assumptions about the people that will be buying them, I certainly hope folks realize that applicants that qualify for MPDUs have to prove quite a bit before getting approved (work history, income taxes, qualify for a mortgage, taking some classes, etc.). These are hard working people and we should feel fortunate to have a diverse group of neighbors as far as occupation, socioeconomics, race, religion, etc. We are buying a Windmill and our house will be fairly close to the MPDUs and we are just fine with it. [/quote] Thanks for this! And congrats on your purchase! I'm looking at Windmills and Orchards. I would lean Orchards, but I won't be buying during the current release, and Orchards will be rare in upcoming releases and future phases. So, I'm still determining what will be best. I don't have any timeline in mind. I own a townhome already in DC and have no "forcing factor" to move other than I'm ready for something different - space, location, quality of life, community, etc. So, I have the luxury of being able to be patient. But, patience is also not my strongest characteristic :) [/quote] Is the price a factor at all for you? the prices on windmill went up again. They are now over $150K above the original prices! [/quote] Yes, absolutely. I"m watching this very closely. It creates another tension for me - don't want to rush into something when there's no need, but also don't want to look on while prices continue to rise and become unreasonably high. [/quote]
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