Anonymous wrote:Arlington is a literal gold mine. If you own just an empty, ~6K sq ft lot in say Lyon Park, I would buy that from you for at least $600K.
One of the greatest, most elite neighborhoods in the country. Literally has it all.
Anonymous wrote:Tariffs are going to make anything built now, compared to 2024 and earlier go up. Copper and steel in particular. And I bet ICE raids on immigrant labor will also have a big effect.
Anonymous wrote:Anonymous wrote:We tore down our old house in Arlington and had a very good Arlington builder build a new house on the lot. We did not go overboard, but our costs are close to $1.6 M. Our lot was probably worth about $900K, so the "out price" of about $2.5 M is line with spec new construction houses in our neighborhood.
Wow! I’m shocked prices have gone up so much for new builds. Thanks for sharing.
Anonymous wrote:Anonymous wrote:Anonymous wrote:There are good custom builders who will build for their cost +30%, and you can build a home for $1M, but it definitely won’t look like a $2M home. If you want your home to look like a $2M home, you are going to have to spend upwards of $1.2-1.3M for 5000 sq feet.
If you use one of the premier builders in the area, expect to pay another 20% reputation premium.
Would you be able to drop some names? Initials?
Whitestone
Sagatov
John Joy
John Sloan
Great Jones
Anonymous wrote:Any updated info for 2025 on this question?
Anonymous wrote:Building on a lot you already own could very well be under $1M.
Anonymous wrote:^^ I've heard of a couple of these builders, and I think they might laugh at you if you asked them to build a home for $1 million plus the cost of the land (which was the original question).
Anonymous wrote:Anonymous wrote:Anonymous wrote:There are good custom builders who will build for their cost +30%, and you can build a home for $1M, but it definitely won’t look like a $2M home. If you want your home to look like a $2M home, you are going to have to spend upwards of $1.2-1.3M for 5000 sq feet.
If you use one of the premier builders in the area, expect to pay another 20% reputation premium.
Would you be able to drop some names? Initials?
Whitestone
Sagatov
John Joy
John Sloan
Great Jones
Anonymous wrote:Anonymous wrote:I bought an excellent $2M very nice 6500 SF house from a well regarded builder at the edge of Arlington. He had to pay $800k for a house which he tore down. So I am guessing he could build that for $1.2M.
What year?