Homes with a per­sonal touch

Builder looks to pro­vide af­ford­able hous­ing in La Plata

Maryland Independent - - News - By CHAR­LIE WRIGHT cwright@somd­ Twit­ter: @Char­lieIndyNews

Do­minic LoR’e de­vel­oper, but a

The owner of LoR’e Homes is seek­ing to re­vi­tal­ize the Town of La Plata by buy­ing plots of land and build­ing new houses or re­mod­el­ing ex­ist­ing prop­er­ties.

“I’m try­ing to build nice, af­ford­able homes that fit with the town’s look, be­cause is not a re­de­vel­oper. this is a beau­ti­ful town,” LoR’e said.

The Wal­dorf na­tive re­cently bought two build­ing lots along Kent Av­enue across the rail­road tracks, where he plans to build a pair of split-level foyer homes. He also pur­chased a cou­ple prop­er­ties on St. Mary’s Av­enue with sim­i­lar plans in mind.

LoR’e has carved out a ca­reer as a do-it-all en­tre­pre­neur, han­dling ev­ery as­pect of the home-buy­ing process. He sep­a­rates him­self from the typ­i­cal Real­tor or real es­tate com­pany by not only buy­ing and sell­ing prop­erty, but work­ing with ar­chi­tects and con­struc­tion com­pa­nies to gen­er­ate con­cepts and as­sem­ble or re­ha­bil­i­tate houses.

“The other real es­tate com­pa­nies don’t do what I’m do­ing,” LoR’e said. “Ev­ery­one has their own niche, and this niche. I be­lieve good niche.”

To nav­i­gate around big­ger com­pa­nies and en­sure he gets the best deals, LoR’e sim­ply re­fuses to be in­volved in any bid­ding wars. If a house is get­ting too much at­ten­tion, he re­moves him­self as the other prospec­tive buy­ers inevitably drive the price up­ward.

“He’s not try­ing to go head-to-head with these guys,” said Jon Ridge­way, owner and bro­ker of Pru­den­tial Ridge­way Re­alty. “He’s look­ing at dif­fer­ent ways to de­velop prop­er­ties is a new it to be a to build houses on.”

This in­cludes work­ing with coun­ties and mu­nic­i­pal­i­ties to find fore­clo­sures and other avail­able lots, added Ridge­way, who worked with LoR’e on sev­eral in­vest­ments.

One of LoR’e’s fa­vorite as­pects of his un­con­ven­tional busi­ness is be­ing able to in­ter­act with home­own­ers and neigh­bors. He said he al­ways tries to build a re­la­tion­ship with his buy­ers and they keep in touch as much as pos­si­ble. Peo­ple liv­ing near his projects will come out to watch con­struc­tion and ask about his com­pany, and LoR’e is glad to share his plans for im­prov­ing the area.

In ad­di­tion to pro­vid­ing af­ford­able hous­ing, LoR’e is look­ing to at­tract peo­ple to the area in or­der to ini­ti­ate growth. He be­lieves he can as­sist other lo­cal busi­nesses by bring­ing more con­sumers to La Plata.

“I’m not try­ing to build just to build — that doesn’t work for me,” LoR’e said. “If that was the case, I’d be build­ing else­where and just throw­ing up house af­ter house af­ter house. This is a lit­tle more mean­ing­ful.”

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