It’s a great time to buy a home in Richmond. Interest rates are low, so investing in a home is a fantastic idea. In fact, it feels like everyone noticed. I have seen bid wars and homes selling far above asking price.
How can you come out as a winner in a market like this? Richmond has some wonderful options for new construction. Be one of the first to discover these remarkable new homes, and not have to overpay for a home that doesn’t fit all your needs because the market inventory is low.
Here are three options to consider.
Creeks Edge at Stony Point Fashion Park offers newly constructed town and single-family homes located within a private gated community. The modern-style project will consist of 18 three-story townhomes ranging from 2500-2700 sqft. You also have your choice of the 7 two-story layouts at about 2100 sqft all including a 2 car garage. All homes are fitted with high-quality finishes. If you prefer a larger single-family home, Moneymaker properties will also be building two 3000 sqft customizable floorplans with rear garages. Moneymaker properties delivers an exceptional product at an affordable price.
Check out the website at http://creeksedgehome.wpengine.com
Perhaps you would like to be closer to the city – you will love the opportunity to own a stunningly unique home in the Byrd Park neighborhood.
2019 and 2021 Lakeview Ave will be completed soon! These homes feature over 3500 sqft of luxury and style with a rooftop deck overlooking Swan Lake. This is a rare opportunity to own one of these contemporary homes – once sold, I imagine they will not hit the market again for many years to come. I am familiar with the builder, Dynquest Properties LLC. Last year I sold one of their homes at 3503 Carolina Ave, and I can see them really gaining traction in Richmond throughout the city and suburbs. They craft high-quality homes with a focus on details that leave an impression. Speaking of details, the builder even made sure to have the power lines moved so they wouldn’t interfere with the aesthetics of these homes.
I recently spoke to Stephen Harrell of Dynquest Properties. He spoke of his love for the area and how he would drive by and see many traditional homes. After noticing one modern home near Byrd park, he felt inspired to look at this location. Dynquest frequently builds modern homes and Harrell likes to focus on areas that are well diversified with a variety of different people and different home styles. Harrell said this area gives him a good feeling and almost reminds him of Central Park.
If 3500 sqft is larger than you need, you could look just around the corner on Grayland Ave at Graypark and choose one of three rowhomes around 1700 sqft. These offer low maintenance luxury finishes and are truly unique in their design and modern architecture. They also offer an optional rooftop deck, a feature becoming increasingly popular.
So, if you have lost a potential home due to multiple offers coming in, this is your chance to purchase one of these homes early. Once construction is completed, the market will be sure to notice and they will sell fast.