Friday, February 24, 2012

More on the activity in Fresno's new home market - The Fresno ...

New home construction seems to be on an upswing in neighborhoods across the Valley. And builders are optimistic that the market is starting to turn. Today's story in The Bee tells you what some Fresno homebuilders have done to get through the downturn and who is buying new, but it doesn't cover everyone.

Here's a look at what other builders in town have done to attract buyers along with more from homebuyers that we couldn't squeeze into the final story.

  • In October, national builder Lennar Homes rolled out a new model in the Valley called the Versatillion - a three-bedroom, 2,286-square-foot house that comes with an extra bedroom suite that has a small living area, kitchenette and full bathroom for families taking in parents or other relatives.
  • People are financially strained these days and there are so many people living together that Lennar created a house to offer a separate living space for multi-generational households, Mike Miller, Lennar's division president for the Central Valley, said back then.
  • Granville Homes introduced its newest development called Sageberry at Copper River Ranch last summer. The cottage-style houses are small ranging in size from 1,300 square feet to 2,400 square feet for people who want a care-free lifestyle. Garages are hidden from street view and there is very little lawn maitenance required.
  • In May, Wilson Homes unveiled a line of smaller houses too called Elev8ions at Harlan Ranch with energy-saving features and appliances included. The houses are tailored to people who are on the go or who want a turn-key home that is ready to move in. The houses range in size from 1,200 square feet to nearly 1,600 square feet.

Kara Montelongo and her fiance, George Ruiz, wanted a new home when they started house-hunting last year. They each lived in their own one-bedroom apartment for a few years before deciding now was the time to buy a house.

They considered looking at lower-priced existing houses, but realized early on in their search that a new house is really what they wanted. They were lured by granite countertops, stainless steel appliances and an attic to McCaffrey Homes' Crownstone development in Clovis.

They paid $366,990 to have a four-bedroom, three-bathroom house built. The couple and Ruiz's 9-year-old son moved into the house in October.

"Being able to choose everything and have something that was brand new and never lived in before was something that was important to us," said Montelongo, who works in accounting. "It's nice that we didn't have any maintenance that we had to do and we could focus on decorating rather than home improvement."

Source: http://fresnobeehive.com/news/2012/02/more_on_the_activity_in_fresno.html

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