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:
New Contemporary Style Smaller Size 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.
New Model Home Floor Plan McLean Va. – Small New Home Series Semi-Custom Homes Coming Spring
Floor Plan for Semi-Custom You Can Customize Coming Soon
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:
Would You Like A tour Of A Model Home?
Enter Your Email Below:
More Breaking News!
Watch this video and in the next few minutes you’re going
to see how easy it is to tour a model home under construction
whenever you want.
Take a Look at our Glenbrook model. This is the Model home
we’ll be building on this Bethesda site. This home won Home of
the year in 2007. We’ve updated the home plan, moved some walls around,
added a bay, added some windows and added stone to the front of the house.
And notice the covered porch, so when your guests and
family arrive for that holiday party, they won’t get soaked in the rain.
If you’re like me, you’ll love having a large open foyer so you and your
guests won’t feel cramped and awkward when you welcome them into
your new home. And notice the easy flowing circulation
path around the foyer, family room ,kitchen and dining room. Can
you see why I’m so excited about showing off this
new model home? Check out the floor plans here.
Notice the home office over the garage. It’s plenty spacious and away
from the action, so you’ll be able to concentrate and focus while you’re
working from home. And the secondary bathrooms are layed out so your
kids 2 bedrooms can share the jack and jill bath. And when your house
guest stays over, they can have their own suite.
As you study these floor plans you’ll realize how nice it is to build your
home customized to your exact needs.
Now the lower level has tons of space. This space can be sectioned off so
you can watch movies in the movie room or just send your kids down so
you can enjoy peace and quiet upstairs while
you’re entertaining your friends. Remember when you were in high school
and your parents made you entertain your friends downs stairs? Well I do.
And that’s why we designed this plan
so the kids can’t sneak out and pool hop like I did when I went to Winston
Churchill High School and pool hopped at Tally -Ho pool in Potomac. But
if you really want a separate entrance, or an Au Pairs suite, we can effortlessly
design it in. And that’s an example of why I’m calling our new home plans
Semi-Custom Homes You Can Customize.
Because with Kevin, our on staff genius architect, making changes to plans so
you get exactly what you want will be easy as playing with etch-a-sketch.
Now take a look at the actual award winning home.
Can you Imagine yourself opening the door at your next holiday party and
greeting your guests in this bright, spacious, dynamic foyer. Wouldn’t that be nice?
Just think how pleasant it will be having all those guests over watching the
Redskins at your next Superbowl party. You’ll love being able to socialize with
friends and family while your cooking in this spacious open floor plan with 9 foot ceilings.
And here’s a fact for you, homes with open floor plans, homes with rooms
flowing easily from one to another, are just more pleasant to live in. Are
you beginning to see how much more enjoyable a new home will make your life?
I think you’ll really like this new updated award winning plan. We’ll be giving tours
of the model home during construction, if you don’t mind the construction mess,
and if you want to imagine what building your home will be like, you’ll definitely
want to walk this model home while we’re building. And in 6 months, when the
model home is complete, you’ll be able to tour the finished product. We’ll also be
starting a few other model homes around town. We’ll let you know as they go up.
And by the way, stay tuned for our semi custom homes coming out in the spring.
And you’ll be surprised to discover how affordable we’re going to make these to you
before we open these fresh, dynamic new home plans up to the general public. We’re
calling this new line of homes, semi-custom homes you can customize.
Obviously, you can clearly see the advantage of living in an award winning home design
that you can customize to meet your exact needs.
You are ready for your dream home, right?
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:
When is the Best Time to Buy a Home in Bethesda, Maryland?
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.
The Best Time to Buy a Home in Bethesda, Maryland
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.
Understanding the Bethesda Real Estate Market
Downtown Bethesda
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.
Interest Rates: Historically Low and Temporary
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.
30 Year Interest Rates – Current Interest Rates Are Still Historically Low
The Impact of High Demand and Limited Supply
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.
The Impossibility of Timing the Market
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.
Personal Circumstances
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:
Financial Readiness: Ensure you have a clear understanding of your budget and what you can afford, including the purchase price, property taxes, insurance, and maintenance.
Job Stability: A stable job and predictable future income make it easier to commit to a mortgage.
Current Housing Situation: If your lease is ending or you need more space due to family changes, it might be the right time to buy.
Long-Term Plans: If you plan to stay in Bethesda for several years, buying now can lock in current prices before they rise further.
Conclusion
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 6529 Elgin Lane Bethesda – 14,700 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
MAKE SURE YOU WATCH THIS VIDEO IN “FULL SCREEN” MODE
Video of award winning new custom home in McLean Virginia, large remodel and home addition
project in Bethesda and New Home of The Year winner in Falls Church Virginia.
Want to be a quick 9 blocks from Bethesda Metro, Bethesda Dining & Bethesda Shopping?
And 4 block walk to the Medical Center Metro?
Then you’ll need to hurry because this will not last long!
You can be in this new home (home to be built) for $1.1M:
New Home Plan For Sale on Lot in Downtown Bethesda
Floor Plan of New Home With First Floor Master Suite in Bethesda
This home will have optional solar panels on the roof and optional
geo-thermal heating and cooling system. The ceiling height will be 9 foot
and the floor will be 3 inch oak finished on site. Woodmode cabinets
and built-ins are included in the kitchen and the bathrooms.
We’re excited that another one of our award winning new home
plans (winner MNCBIA Best Home of The Year Award) will soon be under construction
in the heart of Bethesda. The building permit should be ready any day now.
Take a look at the lot on Cayuga Avenue and the existing house that will soon come down:
Existing house will be removed & The GlenBrook New home plan will be built
The Glenbrook New Home Elevation
Hurry and take advantage of low interest rates. We’re filling construction
start slots for Spring 2011 and Summer 2011. Call 301-370-6463
to reserve your slot.
Take a look at photos of The Glenbrook new home here.
This home plan has lots of space and some really cool standard features.
Features like 9 foot ceilings, WoodMode cabinets, office over the garage
and lots more.