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NEW HOME PRICES IN MONTGOMERY COUNTY,
MARYLAND
New home builders where you want to buy real
estate and live.
The Montgomery County map below
shows major residential areas where new homes may be found.
Montgomery County designates certain areas for development by
directing water, sewer and road extensions and public schools.
A few facts to consider when previewing new home sites are:
New home prices in Montgomery County are greatly influenced
by proximity to major employment centers such as Washington,
D.C., the County Government Center in Rockville, 270 Corridor
of Rockville, Gaithersburg and Germantown, existing transportation corridors
and other features such as developer preference and market pressure.
The table below shows where new homes in Montgomery County
are located in the early 2004 time frame and for the coming
year. Price ranges are approximate because builders raise prices
depending on market pressure, availability of lots and cost
of building materials. We've never seen prices reduced! ! !
STARTING PRICE RANGE
| Location |
Detached
|
Townhomes |
| Ashton |
$1,000,000 |
$1,400,000 |
|
| Bethesda |
$1,100,000 |
$4,000,000 |
$1,600,000 |
| Boyds |
$ 750,000 |
$ 1,000,000 |
$600,000 |
| Brookeville |
$1,200,000 |
$1,700,000 |
|
| Burtonsville |
N/A |
N/A |
|
| Chevy Chase |
$1,400,000 |
$3,500,000 |
|
| Clarksburg |
$ 600,000 |
$ 950,000 |
$600,000 |
| Damascus |
$ 650,000 |
$1,100,000 |
|
| Darnestown |
$ 800,000 |
$1,700,000 |
$400,000 |
| Gaithersburg |
$ 825,000 |
$1,700,000 |
$600,000 |
| Kensington |
$ 900,000 |
$2,000,000 |
|
| Olney |
N/A |
N/A |
|
| Poolesville |
N/A |
N/A |
|
| Potomac |
$1,500,000 |
$5,500,000 |
$1,500,000 |
| Rockville |
$ 950,000 |
$2,400,000 |
|
| Silver Spring |
$ 700,000 |
$1,400,000 |
$500,000 |
| Takoma Park |
N/A |
N/A |
|
| Washington Grove |
N/A |
N/A |
|
| Wheaton |
N/A |
N/A |
|
Click
to enlarge
Builder incentives vary depending
on market conditions and are generally from $3,000 to $10,000
when using a builder approved lender and title company. Don't
forget. Homefinders.com will contribute up to 1% of the sales
price towards your options or closing costs. That's an additional
$3,000 to $30,000 for you to spend to make your home more beautiful
or to reduce your closing costs.
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