Anonymous wrote:I was trying to buy a home here, but I am not sure anymore.
My contract itself is going to be over 2.9 million for the Kalorama (2 million base, 125k+ lot premium, 500k structural options, 300k design options). After I move in, I would finish the media room, and gym and do built-ins in the study, loft, etc. + moldings along with the backyard like the model and a pool. That's 400k right there (3.3 million total) + furnishing the home.
Idk, I think that is quite expensive for a modern yet very nice McMansion (I am buying this house so I have the right to call it what it is lol) just for the community (which is my main motive for purchasing here).
I have recently toured 3+ million dollar homes, and they are generally far prettier in Mclean, Great Falls, Bethesda, and Potomac.
These houses in mp with the backyard, built-ins, molding, model home finishes, etc, at 2.7 makes sense. But a 500-600k premium? Idk if it is worth it anymore. The value, regardless, will drop (so if I buy it at 3.3, maybe in 10-15+ years, I will be able to sell at 3ish), and if it is rezoned, maybe 2.8ish. That seems like a bad investment compared to other homes I see on Zillow or building my own home with another builder on a lot I buy.
I don't care about the price that much, but I feel I can get better value elsewhere.
I am not saying it was always a bad investment, as people who bought early on did not spend more than 2.5-2.7 on the home itself (all palatines where under that number and had the floating stairs and more outdoor living, stuff the kalorama lacks). Even the Parkhurst is probably fine as the house wont cost THAT much as they never upped the price and those lot premiums tend to be less.
Maybe the issue is I am wanting something like the model house after paying so much. Maybe people are only taking 50-250k in the design center or not taking the grand multigen and 4 car garage and other upgrades to keep the cost down.
And there is still bidding on all the homesites, which I think is wild. Maybe the reviews of toll brothers are right haha
Anonymous wrote:Anonymous wrote:The community is almost sold out.
Obviously, the current buyers weren’t spooked. This idea that it’s going to hurt resale is silly. It didn’t hurt any sales. It’s a non-issue.
They will be sorely disappointed when the SJWs redraw the school attendance zones and then the houses lose 20% of their value.
Anonymous wrote:I was trying to buy a home here, but I am not sure anymore.
My contract itself is going to be over 2.9 million for the Kalorama (2 million base, 125k+ lot premium, 500k structural options, 300k design options). After I move in, I would finish the media room, and gym and do built-ins in the study, loft, etc. + moldings along with the backyard like the model and a pool. That's 400k right there (3.3 million total) + furnishing the home.
Idk, I think that is quite expensive for a modern yet very nice McMansion (I am buying this house so I have the right to call it what it is lol) just for the community (which is my main motive for purchasing here).
I have recently toured 3+ million dollar homes, and they are generally far prettier in Mclean, Great Falls, Bethesda, and Potomac.
These houses in mp with the backyard, built-ins, molding, model home finishes, etc, at 2.7 makes sense. But a 500-600k premium? Idk if it is worth it anymore. The value, regardless, will drop (so if I buy it at 3.3, maybe in 10-15+ years, I will be able to sell at 3ish), and if it is rezoned, maybe 2.8ish. That seems like a bad investment compared to other homes I see on Zillow or building my own home with another builder on a lot I buy.
I don't care about the price that much, but I feel I can get better value elsewhere.
I am not saying it was always a bad investment, as people who bought early on did not spend more than 2.5-2.7 on the home itself (all palatines where under that number and had the floating stairs and more outdoor living, stuff the kalorama lacks). Even the Parkhurst is probably fine as the house wont cost THAT much as they never upped the price and those lot premiums tend to be less.
Maybe the issue is I am wanting something like the model house after paying so much. Maybe people are only taking 50-250k in the design center or not taking the grand multigen and 4 car garage and other upgrades to keep the cost down.
And there is still bidding on all the homesites, which I think is wild. Maybe the reviews of toll brothers are right haha
Anonymous wrote:Anonymous wrote:Who bought lot 1? i know it didnt show up on the website but apparently sold. I work for the in the medical field and i can assure you most likely you will get cancer from living too close to the power lines. The government and other companies are trying to cover up the impact of living near strong electromagnetic and electric fields by only pushing studies focusing on short term effects (vs long term = various medical problems and cancer). Good luck to you! I personally would steer clear from all lots within 1300 feet of the power lines
You are nuts.
Anonymous wrote:Who bought lot 1? i know it didnt show up on the website but apparently sold. I work for the in the medical field and i can assure you most likely you will get cancer from living too close to the power lines. The government and other companies are trying to cover up the impact of living near strong electromagnetic and electric fields by only pushing studies focusing on short term effects (vs long term = various medical problems and cancer). Good luck to you! I personally would steer clear from all lots within 1300 feet of the power lines
Anonymous wrote:The community is almost sold out.
Obviously, the current buyers weren’t spooked. This idea that it’s going to hurt resale is silly. It didn’t hurt any sales. It’s a non-issue.
Anonymous wrote:Anonymous wrote:The power lines don’t go through the community. Only a few houses are within 1000 feet of the lines. This conversation is nuts.
I agree that the power lines are not a health problem. However, they spook away a lot of buyers especially when they see the power lines and cell towers near the elementary school. It’s something to be aware of for future resale.
Anonymous wrote:The power lines don’t go through the community. Only a few houses are within 1000 feet of the lines. This conversation is nuts.
Anonymous wrote:Anonymous wrote:What about Travilah Elementary? It's close to the power lines as well. There are many schools out there in the country built around power lines.Anonymous wrote:Who bought lot 1? i know it didnt show up on the website but apparently sold. I work for the in the medical field and i can assure you most likely you will get cancer from living too close to the power lines. The government and other companies are trying to cover up the impact of living near strong electromagnetic and electric fields by only pushing studies focusing on short term effects (vs long term = various medical problems and cancer). Good luck to you! I personally would steer clear from all lots within 1300 feet of the power lines
I live in mp and thats why my kids are in private school.