M.T. Broyhill & Sons Corporation

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M.T. Boryhill and Sons Corp
TypePrivate
IndustryReal-estate
Founder
Headquarters
USA
Area served
United States
Key people

Joel Broyhill
ProductsHomes

M.T. Broyhill and Sons Corporation (also known as Broyhill and Sons) was a brick-and-mortar housing company based around Washington, D.C.. Broyhill and Sons successfully capitalized on the post World War II housing boom to become the largest builder of brick-and-mortar homes in the United States during the 1950s. By 1953, Broyhill and Sons was building 3,000 homes a year when the company also become the biggest customer of General Electric appliances. The company was owned by M.T. Broyhill, and sons Marvin Broyhill and Joel Broyhill whom become congressmen of Virginia for 11 terms, from 1953 to 1974.[1]

Congressman Joel Broyhill

Houses[]

A typical house would feature an Interior Décor by Colony House and modern General Electric Kitchens in mix-or-match colors with dishwashers and metal cabinets. Prices increased during the life of the various subdivisions around Washington DC. Between 1979 and 2007, the Consumer Price Index increased by 2.8 times and the assessed value of a typical home increased by nearly 9 times, land by 15 times ($20,000 to $300,000 per quarter acre) and improvements by 5 to 10 times. All homes had air-conditioning. Air-conditioning was uncommon in homes of that price range at the time. Homeowners also have access to golf, tennis courts, and pools without membership fees. Broyhill's ideas, except for free golf, are realities today.[2]

Development[]

Notable projects include Sterling, Virginia where M.T. Broyhill and Sons built several thousand homes outside Dulles International Airport, and McLean, Virginia outside Washington D.C. The business strategy of Marvin Broyhill, Jr.'s was to put together a prefabricated home and sell it for about $17,000 less than a comparable Fairfax County Home.

Today[]

Today the mark of M.T. Broyhill and Sons can still be seen around Northern Virginia. To this day many of the Broyhill family have stayed in real-estate. Many Broyhill companies such as and continued to develop in and around Washington D.C. throughout the 20th century.

See also[]

References[]

  1. ^ "Our Man in Arlington". Falls Church New-Press. 2013-01-30.
  2. ^ "Broyhill McLean Estates History". Broyhill McLean Estates.
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