Driving through Bridgewater in the last few years, I’ve noticed quite a few spots, especially around the Washington Valley area, where single homes are being built on lots whose current owners have decided to do one of two things:A. Either they build a home from scratch, with the new edifice going up while the owners continue living in their existing house until the new one is ready for occupancy, or, B. The owners decide to move out of their current home, tear it down right to the foundation, and construct a larger, higher quality residence.
The picture you see here is that of a Bridgewater tear-down and on-site rebuild. It’s no surprise that this is happening, as Bridgewater seems to have approached virtual build-out stage. This makes some older homes a target for certain buyers to purchase as tear-downs, or for the current owners to take advantage of the lot size to upgrade.
In Potomac, Maryland, where I spent the Memorial Day weekend with family, this practice is a very common occurrence. Since available land around the Washington, D.C. area is at a premium and, because there is a high influx of people from all over the nation and the world, small, 1940’s or earlier vintage homes situated on large lots are purchased, torn down and replaced by mega-mansions.
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