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Reply to "Glen Echo Heights?"
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[quote=Anonymous]We live in a different Bethesda neighborhood, where about 1/3 of the neighborhood has turned, and the rest is happening at a quick pace. I frequently visit the new builds, and sometimes talk with the developers. My understanding is they buy the old house for 1/3, spend 1/3 to build the new home, and 1/3 is profit. So, but for $750, build for $750, sell for $2,250,000.[/quote]
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