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Reply to "Mt Prospect in North Potomac"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Wotton is 12 min drive from this development. NW is 17 min and QO is 7 min. I wouldn’t blow off the possibility of change. Remember, when rezoning occurs, entire areas shift. Some kids from QO would rezone to NW and open up space at QO. Some kids at NW would shift to Seneca Valley which has tons of space since it’s new. Lastly, absolutely Toll would drop their price if rezoning occurs...they would have to as the huge draw is the school district. My buddy is building with Classic Homes in the QO district (behind the Mt Prospect area) and his all in was 1M...it’s a really nice home with all the bells and whistles, fully decked out with complete home automation, outdoor living, subzero appliances, built in theater etc. [/quote] Was he happy with classic homes? I assume it’s clsssic homes of MD? I spoke to them back in the fall about a build. Never went through with it. As for the $1m all in - is that only for home construction or did that include lot, site work, etc?[/quote] Yes, classic homes of Maryland. It was everything, including permits, lot prep etc. All in, his mortgage is 800k...he put down 200k upfront for what he wanted.[/quote] That’s a great deal. Can you share where he built? Or at least with a bit more precision? When I was talking to classic homes, if i wanted to stay in that $1m range, the lot couldn’t be more than around $200k in order the the numbers to work. The problem is that it doesn’t make a ton of sense to build on a million dollar home on a 200k lot in this are (you’ll never get that market value)). Unless I’m looking at it wrong.[/quote]
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