Custom Building" could be the BEST Option for
Today's Homebuyer
Yes, new home construction is up and people are building and buying new homes
again in Virginia, and we're excited about what's going on in our four
East West
Communities in the
Hampton Roads area of Virginia.
New home sales are up in the Northern Suffolk/Isle of Wight area. Builders have
definitely stepped up and are taking great care of the customer, AND we're
seeing outstanding new home values as a result. 2013 is a GREAT TIME to buy a
new home! Our buyers are finding out that it is a
great time to
build after comparing their options with the other possibilities in the
marketplace.
It's making sense for alot of people to actually sit down with the builder
and custom build the home plan they really want in the neighborhood location
they really want. Recent sales are up at
The Riverfront at Harbour
View and
Founders Pointe new home communities. The new
home construction quality has improved in recent years- more energy efficient,
better framing and foundations, better quality appliances and interior
appointments, etc.
There are also many reasons why today's homebuyers are seeking quality new
home communities as a place to call home. There's a definite resurgence of
interest in building a new home in our market, so I've listed
7 reasons
why people are buying new homes in our communities
today.Homebuyers looking for more
value tend to be more cautious in their home purchase than they were maybe a few
years ago. If you're investing your hard earned money, you want to make sure
you're in an area that offers a high quality of life and offers a good resale
opportunity. There's definitely a market looking for a neighborhood with
lifestyle amenities- a place where they can get to know their neighbors,
entertain friends and family, and have memorable experiences.
Homebuyers have been paying more attention in recent months in finding not
only the "
right price", but what's equally important
is finding the "
right home" and the
right
neighborhood. Buying a new home is a way to make sure you achieve
your dream home and it's never been a better time to purchase a new home.
Pricing of materials and labor are very attractive today than a few years ago
and we're seeing it reflected in many pre-sold homes. People also want to take
advantage of the lower interest rates.
Over 2,100 families have relocated to three planned communities developed
by East West Communities in the last
ten years - Eagle Harbor, The Riverfront at
Harbour View, and Founders
Pointe since 2000. (Founders Pointe is the newest of the three and
opened in 2005). Another 500 homes were developed in the Gatling
Pointe community before 2001 in Smithfield, Va. We recently opened
the first two model homes in Liberty Ridge in Williamsburg (a new
custom home community with three acre homesites).
2. Feeling of Security. Many new homes
are located in quality planned communities, which can help give homebuyers a
feeling of security. When asked what people look for when they shop for a new
home, many say they're looking for a
sense of community. Planned
communities help provide the lifestyle that makes a house a home. The statement
entry helps give a sense of arrival, a creative land plan allows for pocket
parks, recreational areas, and private cul-de-sac neighborhoods and slower
traffic. A more attractive streetscape is accomplished through unique and
distinctive architectural guidelines, enhanced landscaping requirements and a
quality team of homebuilders. The protective covenants also protect value and
helps control the overall look and feel of a planned community.
New homebuyers also gain a sense of security through the various new home
warranties (Some roofs have 30 year warranties, Foundations and certain
structural components can be 10 years, and other warranties on HVAC equipment,
appliances, etc.) It's less out of pocket expense for the homeowner. In many of
our communities, the yards are irrigated and sodded and includes at least $2,500
in landscaping, which also helps provide a superior streetscape.
3. Reputable Homebuilders. Some of the
area's most
reputable
builders have also committed to building Featured Models in planned
communities because they know they attract quality homebuyers and it's a place
they enjoy building new homes. The group of
preferred
builders also helps to accomplish the overall architectural theme
goal and helps establish a great looking streetscape, thus a more attractive
neighborhood. Residents also like dealing with homebuilders that are dedicated
to their neighborhood.
Buying a home can be a highly emotional experience and it makes sense for the
quality homebuilder to strategically build their best home designs and Featured
Models where the homebuyers are really want to live.
4. Creative new home designs. We often
see builders create a brand new home design that's on the cutting edge of
national trends, showcasing the finest building products and materials. Our new
home communities attract alot of visitors and the builders see it as an
opportunity to go above and beyond in their selection of the home plan, the
overall exterior curb appeal, and interior appointments. Every time we open a
new section, our builders have stepped up with totally new plans which helps
keep the neighborhood interesting and different.
Planned communities like
The Riverfront at
Harbour View, Founders Pointe, and
Eagle Harbor can offer a
wide variety of price ranges and new home styles. For example in
Gables at The
Riverfront, a single family home starts in the upper $200's.
Homes in
Graystone at Eagle Harbor begins in the $300's, in
Founders Pointe in the $390's (10 builders), and in
The
Riverfront the custom home prices begin in the $500's (8 builders).
5. Resort style Amenities. Residents
in our
East West Partners
communities often say that living in our neighborhood is like being
on vacation year round. Neighborhoods with active community clubs is attractive
to many relocating from outside of the area. The resort styled amenities in
The
Riverfront,
Founders
Pointe,
Eagle Harbor, and
Gatling
Pointe rival those at some of the greatest resorts. First class
facilities such as the
Founders Pointe
Residents Club and
The Riverfront Swim Club
may add value to their homes and offers many positive experiences
for their families....a chance to rediscover the simpler things in life, like
going for a walk to one of the neighborhood parks. Residents enjoy the monthly
planned activities - whether it's signing the kids up to one of the summer
camps, participating on the neighborhood swim team, or on one of the many fun
events scheduled by the Activities Coordinator.
Relocating families also tend to feel it's easier to get to know your
neighbors in a neighborhood that offers a centralized amenity location. A lively
club operation helps provide social interaction and opportunities to make new
friends. It helps make the adjustment to a new area easier and it's a reason
families from out of the area feel more welcome. There's something special about
being able to take your grandchild to the river to check out one of the canoes
to explore nature in your backyard..... Many buyers yearn for the opportunity to
experience these memorable moments with their families.
6. Sense of place, Belonging. Many of today's
homebuyers in the Hampton Roads area of Virginia are searching for a sense of
belonging....a place they can enjoy recreation and have a lot of fun things to
do without leaving their neighborhood. Many people seem to long for a safe place
to live, a place to raise a family, to maintain a home they can be proud of, and
live the American dream. A planned community offers many lifestyle opportunities
and home style options. As mentioned earlier, most reputable builders are
attracted to quality neighborhoods and they choose to align themselves with
developers that create the best places to live.
7. Developer's Credibility. Today's
consumers should investigate their options fully when finding the right
neighborhood. Look at the track record and the whole body of work for that
developer and/or builder. East West has always well when the homebuyer compares
the total community to other options in the marketplace. Communities like
The
Riverfront,
Founders Pointe, and
Eagle Harbor
are located in growth areas and are places that people are moving to, and not
away from. The
Northern Suffolk/Isle of Wight County corridor
is located on the western edge of the Tidewater area of Virginia, and is central
to both the Peninsula and southside Hampton Roads.
After 40 years of developing planned communities,
East West has
listened to the homeowners' needs, wants, and desires- through numerous focus
groups, surveys, and market research. Every time we open a new community we
strive to provide the homebuyers with more things that they want.
(For
example, at Founders
Pointe, one of our new home communities in the Hampton Roads area,
there are more walking trails, a waterfront observation pier, a larger
clubhouse, more pool shade structures and a water slide for the kids. In Liberty Ridge
in Williamsburg, there will be miles of natural leisure trails winding through
the neighborhood of three acre homesites.)
For Information about East West Partners’ communites, visit www.eastwestcommunities.com.
Discover the best in lifestyle communities at Founders
Pointe, Eagle
Harbor, Liberty
Ridge, and The Riverfront
at Harbour View. East West Realty Sales
Centers are open 7 days a week onsite. Equal Housing Opportunity
