Changes in Response to the Coronavirus

  • March 18, 2020

We care deeply about our customers and employees. As always, health and safety are our primary concern. We are closely watching the situation with the spread of the novel Coronavirus and will be making changes in the interest of public safety and continued productivity. Events The construction tour planned at the custom Avenel in Silver …

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Local Market Flooded With Land Opportunities

  • March 9, 2020

Traditionally the spring season is considered the best time to list a home. With interest rates nearing all time lows, that seems to hold truer than usual this year. Already we’re seeing a flood of potential teardowns and land in areas that have had scarce availability just a month ago. If you’ve been searching for a right lot, …

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Mortgage Rate Drops Reshaping Housing Markets

  • March 4, 2020

Fears over the potential effects of a coronavirus outbreak have resulted in huge sell offs in the stock market, leading investors to the security of the bond market. These factors have brought mortgage rates close to historic lows. The emergency rate cut announced today by the Federal Reserve will help keep that downward momentum. Prospective …

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Impact Fees on Teardowns in Montgomery County?

  • January 8, 2020

A major consideration when planning to build a custom home is the cost of permits and fees owed to the County. The impact fees for building a residence on vacant land in Montgomery County can reach over $60,000. Montgomery County residents can avoid paying the high cost of impact fees by tearing down an older …

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New Model Pricing & Upgraded Features

  • October 15, 2019

Classic Homes of Maryland hasn’t raised prices since 2017. In that time the cost of home construction has increased due to a variety of factors, from tariffs on building materials to increased competition for labor. While the increased cost of building a home has forced us to increase prices, as always, we’ve also added value …

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Buying A Lot: Setting Realistic Expectations

  • March 6, 2019

This lot is too small.       That one has no backyard.            The price on this land is too high.                 Why can’t I find a lot that’s just right? Does looking for a lot to build your home have you feeling a bit …

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The Right Time to Build A New Home

  • January 25, 2019

One of the most common questions that our clients ask has to do with the timing of buying their Classic Home.  Why buy now?  Should we wait until prices go down?  Maybe the Federal Reserve will lower interest rates? Interest Rates The Federal Reserve raised interest rates four times in 2018 and nine times since …

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Demand, Builder Cost and Consumer Prices on the Rise

  • October 17, 2018

This is an exciting time for the home building industry. Demand for new homes in the DC metro area and around the country is booming. While this is an excellent problem to have, it presents challenges for both builders and consumers. With the increased demand for housing comes increased demand for labor and materials accompanied …

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Prepare Your Home For Winter

  • November 2, 2017

Winter is approaching, and Classic Homes would like to help you ensure that your home survives the harsh winter months.   Treating Ice Protect your driveway, stoop and lead walk from winter damage. Use of salt or chemical de-icers will damage concrete or asphalt. We recommend using fresh sand or kitty litter instead. Once the ice and …

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2017 Model Prices and Upgrades Announced

  • June 21, 2017

We’ve officially rolled out our prices and standard features for 2017. While the increased cost of building a home has forced us to increase prices, we’ve also added value for our customers. Feature Upgrades The standard features of our Classic and Ranch Series homes have received a number of upgrades. All Classic Homes will now …

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    15025 Darnestown Rd Germantown, MD 20874

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