What will the town homes cost?
It’s hard to say since this is a five to ten year project. Depending on market conditions, however, and in keeping with new-home pricing in the Washington area, we expect that town homes will range from $500,000 to $600,000. JBG anticipates that condominiums will be priced starting in the low $300,000’s. Actual costs will be determined by the market at the time of sales, of course.