Want a hard copy of our 50 plus page book mailed to you (sells for $30 on-line):
Want a hard copy of our 50 plus page book mailed to you (sells for $30 on-line):
I don’t know if it’s the transplants from the west coast or that
DC really is just less conservative when it comes to home styles
than everyone seems to think.
But, over the last few years, we’ve had more and more
clients requesting contemporary and even modern design (modern
tends to have more of the raw building materials exposed – steel
girders, concrete floors).
Here’s the concept elevation of the new contemporary model home:
In fact, we think there is enough demand for contemporary style
homes that we’re designing a contemporary style home to be built
as a model home in downtown McLean this spring.
We’re dealing with some difficult zoning and setback issues in
Fairfax County now, but hope to push forward for a late spring
ground breaking.
We’re also noticing a trend toward smaller homes the last few years.
Some call it “right-sizing”, one writer actually refers to this trend
as ‘Smallville” homes.
So our contemporary new home model will be on the
smaller side of the home-size-scale. I’ll also have future
posts showing off our Kenwood-15 new semi-custom
home that we’re launching now in the City of Falls Church.
You’ll see The Kenwood in our smaller home series coming out soon.
This new home will be 100% luxury living on the first floor (2nd floor optional
and preliminary pricing coming in around $200K, but we’re still costing
it out).
Here’s the concept floor plans for our Cedar Model.
Please let me know what you think. We’d love your feedback,
so all comments are appreciated. This home
will is slated to be constructed as a modular
home.
If you have more questions or you want to
get an early peak at our full new line of homes,
call me at 301-370-6463 enter your contact information here
and I’ll set up a tour of this home or others under construction in
Maryland, Virginia or DC:
Would You Like A tour Of A Model Home?
Enter Your Email Below:
Possibly the best 30Ksf+ lot in Bannockburn.
This lot is a real beauty!
You Don’t Want To Miss This One!
Drive 5 minutes to Metro, Bethesda shopping and dining.
Then you’ll need to hurry because this will not last long!
Go Here To See How You Can Get Lot Information.
You can be in this new home (home to be built) for $1.55M
for the home and the land. Or select from over 100
winning new home plans from our Paramount Portfolio
of Homes that we’ve created especially to naturally blend
into our Bethesda, Chevy Chase, Potomac, McLean and
Arlington neighborhoods.
Choose this award winning home to build on this gorgeous Bannockburn lot or we’ll customize a new home to suit your exact needs.
The new Home can be built using modular home building
techniques.
The ceiling height will be 10 foot on the main level
and the floor will be 4 inch Maple finished on site. Brookhaven
cabinets by Woodmode are included in the kitchen and the
bathrooms.
Go Here To See How You Can Get Lot Information.
This new property for sale in Bethesda is in the Bannockburn ES,
Pyle MS, Walt Whitman High School district.
Call 301-370-6463 or enter your email here now and hit the button!
Drive 5 minutes to Metro, Bethesda shopping and dining.
Then you’ll need to hurry because this will not last long!
Go Here To See How You Can Get Lot Information.
You can be in this new home (home to be built) for $1.189M.
This new home is a smaller version of our award winning Home of The Year Madison Model
The new Home can be built using modular home building
techniques.
The ceiling height will be 9 foot
and the floor will be 3 inch oak finished on site. Brookhaven
cabinets by Woodmode are included in the kitchen and the
bathrooms.
This new property for sale in Bethesda is in the Walter Johnson High School district.
Call 301-370-6463 or enter your email here now and hit the button!
With owning a home affordability getting tougher and home mortgage rates relatively high compared to the 2020, but, still near historically low, when you look at long term mortgage rate graphs, you timing could be perfect for buying a new home in Bethesda.
And in very strong home buying Bethesda market and surrounding areas (at least inside the Washington DC beltway -Arlington, Chevy Chase, Falls Church, McLean, Vienna and Northwest Washington DC – specifically), there are many options to consider.
But before you start contemplating about the home style and number of bedrooms, here’s a real quick overview of some segments of the Maryland, Virginia Washington DC housing market.
1. “Resale” homes probably represent the biggest percentage of the market. Built years, or even decades ago, these homes were designed and built to reflect the requirements and the tastes of previous owners. They may be outfitted with outdated fixtures and technologies, and have poor construction. Buyers of these homes often fall in love with them for their character, their location or their “good-enough” fit with their needs, and accept the necessity of investing additional time and resources in remodeling and rebuilding.
2. “Spec” homes are built based on the speculation that a buyer can be found during or shortly after construction. These new homes may be designed with up-to-date floor plans and features to fit current preferences. When acquired before completion, a buyer may be able to select some finishing touches. But this type of home construction may also be designed to minimize cost and get the largest proceeds for the home builder, potentially leaving homeowners with less than the best materials and designs that are not as contemporary.
3.“Custom” homes are built according to the buyer’s specifications, usually on land they already own. While this type of new home construction embodies only ten percent of the market, it gives the homeowner the most control. Working with an “on your lot” custom home builder, the buyer determines all facets of home construction—from site selection to the home’s style, size and floor plan, types of windows and doors, flooring and siding, and all the details—cabinets, lighting fixtures, drawer pulls, paint colors, etc.
While “on your lot” home builders are sometimes thought of as large home builders, they can also accommodate today’s trend towards “right-sizing”. These days a custom home builder may work on smaller homes starting around 2500 square feet. Benefits include keeping material and labor costs lower and customizable floor plans.
Buying a home is one of the most significant decisions you’ll make in your life. It’s not just about finding a place to live; it’s about investing in your future. The timing of this decision can greatly impact the value you get from your investment. This is especially true in Bethesda, Maryland, a city known for its highly desirable real estate market.
The real estate market in Bethesda is unique due to its inelastic supply of homes and land. With high demand driven by top-rated public schools, an abundance of high-paying jobs, and close proximity to Washington DC’s museums, attractions, and restaurants, Bethesda offers an exceptional living environment. This constant demand paired with limited supply means that the best time to buy is always now. Waiting for the “perfect” moment can result in higher prices due to the ongoing demand.
Even though today’s interest rates of around 6.7% are higher than the exceptionally low rates of 2020, they remain relatively low from a historical perspective. Over the past 30 years, interest rates (see Freddie Mac interest rate graph below) have been much higher. In the 1990s, rates often exceeded 8%, and in the early 2000s, they hovered around 6-7%. The ability to refinance also means that current rates are temporary; you can always secure a better rate in the future. On the other hand, home prices in Bethesda are unlikely to decrease over the long term due to the inelastic supply and steady demand.
Bethesda’s real estate market is characterized by its inelastic supply. There is only so much land and a limited number of homes available, while demand continues to grow. This imbalance drives up home prices over time. The city’s appeal—excellent schools, job opportunities, and vibrant lifestyle—ensures a steady influx of potential buyers. This means waiting could only increase the cost of your desired home.
It’s important to understand that timing the market is virtually impossible. This is true for any market, and the Bethesda real estate market is no exception. Real estate is a long-term investment, not akin to day trading stocks. Over the years, real estate consistently appreciates. Historical data shows that despite short-term fluctuations, the value of homes in desirable locations like Bethesda tends to rise over the long run. Trying to wait for the “perfect” time to buy can result in missed opportunities and higher costs.
While market conditions are crucial, the best time to buy a home also heavily depends on your personal circumstances. Here are a few factors to consider:
In Bethesda, Maryland, the best time to buy a home is today. The combination of high demand, limited supply, and the area’s many attractions means prices are likely to continue rising. By understanding the unique dynamics of the Bethesda real estate market and considering your personal circumstances, you can make a well-informed decision.
For all these reasons, today is the best time to buy, and the second best time to buy is tomorrow. Remember, buying a home is a significant investment. Take your time, do your research, and make sure you’re financially prepared. With patience and careful planning, you’ll find the perfect home at the perfect time—today or tomorrow, but ideally, before prices climb even higher.
More new homes under construction for sale and lots for sale:
*Chevy Chase – 4812 Chevy Chase Blvd. – downtown Bethesda – under construction
*McLean – 15K SF lot – McLean HS – private list – call or text to learn more 301-370-6463
*Bethesda – 1/2 Acre – Churchill HS – private list – call or text to learn more 301-370-6463
*McLean – 17,800 SF Flat lot – McLean HS
*Bethesda 6008 Kirby Road – 12,700 SF lot – Walt Whitman HS – new home to be built
*N. Arlington 6317 Street N. – 13,000 SF – Yorktown HS – new home to be built
*Bethesda 6820 Marbury Road – 11,500 SF lot – Walt Whitman HS – under construction
*Bethesda – 4922 Earlston Dr. – Bethesda blocks to Westbard Square – under construction
New Home Services:
*Access our wholesale acquisitions list & beat the competition – call 301-370-6463
*How much does a new home cost? Find out here
Want to be a quick 11 blocks from Chevy Chase Metro stop and neighborhood shopping?
Then you’ll need to hurry because this will not last long!
You can be in this new home (home to be built) for $775K+/- (need feasibility study on lot):
New Prototype Home Plan Coming Soon
The ceiling height will be 9 foot
and the floor will be 3 inch oak finished on site. Woodmode cabinets
are included in the kitchen and the bathrooms.
Home can be built using modular home building
techniques.
This new property for sale in Bethesda is in the BCC High School district.
Call 301-370-6463 or enter your email here now and hit the button!
New Bethesda Home from our Paramount Portfolio of Homes Collection.
Take a video tour of this new home. We can build this same home on your lot
or one of our building lots.
We can also modify this home plan and customize it to your needs.
This custom home was designed to fit naturally into the 3 acre wooded building site in McLean, Virginia. Our
goal was to meld the home into the natural wooded setting and to capture the phenomenal views on all sides of the property.
The home was designed so the owner could live and entertain on the first floor and have bedrooms for her
grand children on the 2nd floor. So we created a casual, yet elegant, open floor plan on the first floor.
We designed built-ins with an open feel to divide the dining room from the family room. And the
built-ins around the fireplace we were able to provide focal points and at the same time create and warm
and cozy feeling.
Rooms were laid and organized with the objective of maximizing the wooded views from every room.
This first floor is ideal for entertaining and convenient for the owner to retire to her bedroom suite off
the entry foyer.
The owner also wanted to have a special space just for her grandkids where they could play yet provide
privacy for her. So we created a second floor “kids-family room”. This space could be converted to a
fourth bedroom in the future.
We designed a custom marble curved sink in the powder room. The idea was
To create a unique touch that would set the room off and give it an elegant feel.
Woodmode cabinets in the this new home in McLean add special focal point
McLean new home has 8 foot exterior doors
The homeowner was very involved in all of the decisions and materials selections.
Her sophisticated tastes and style are reflected through out the home. Here is n example of
this custom designed sink in the powder room.
Powder room with custom designed sink with marble top
Here are some of the Features and materials used in this new McLean custom home:
Transitional Style Architecture
Nichiha Sierra Premium Shake Panels
WoodMode cabinets
5 inch clear Maple custom stain color with tung oil finish
ergonomically designed vanity in powder room
Trey ceilings master bedroom, foyer dining room
Custom architectural millwork
10 foot ceilings
2×6 panelized framing
Zip wall system
Second Floor family room/Kids Lounge
Master suite on first floor
Expansive 360-degree views
PVC cornice
Looking for a great new home in Bethesda? We have a new home on a 33,000sf wooded lot in Bannockburn.
The home will be built soon and can still be customized. Take a look at the Bethesda building lot
and the new home features.