I tried this solution
http://bosnia-aspnet.blogspot.in/2014/08/cannot-start-website-because.html
where it says
Find the csproj file
Search for these two lines and delete them
IISUrlhttp://localhost:34567/IISUrl
but in my case I was creating a website so no csproj file
So I opened the sln file in notepad plus plus
and
UseIISExpress = "true"
to
UseIISExpress = "false"
and you are done
Sourav Bhattacharya
ASP.Net Teacher