New Homes in Loudoun County, Virginia, Buyer REBATE

TOURING NEW HOMES HAS BECOME FUN AGAIN. 

The years 2001 through 2005 were tough on agents who like selling new homes. 

We have been snubbed by new home builders.
We have been ignored by new home builders.
We have been starved by new home builders.
We have been forced to sell resale homes by new home builders.

In short, those years of uncontrolled price escalation and low interest rates for real estate resulted in new home builders
deciding that:

They didn't need us any more.  
They wouldn't pay us for introducing buyers to their home sites. 
They would pay us up to 1/3 or 1/6th of the fee that they had paid in past years.

Builders didn't consider that we often research for buyers, contact buyers for months, drive buyers
around for days or weeks looking at new and resale before the buyer decides what to buy, IF they
buy at all.  Of course, if they don't buy, our time has earned us little more than some experience
and knowledge of inventory, which is easy enough to do in times when we don't have buyers in tow.
But, when working on contingency, we accept that risk.  What we don't accept is being treated like
an ugly duckling when times are very, very good for new home builders. 

Resale owners weren't much better.  Remember the days of "Contracts presented a week from
Wednesday at 8:00 p.m."   "Fax your best offer."  "Pre-approved buyers only."  Buyers agents fees
about 2/3 what they have been for the past 35 years.  No showings until after the listing agents does
an Open House next Sunday.  Yes, we buyers agents suffered insult on top of injury, to our schedules,
our pocketbook, and often our pride.  Yes, we were treated like the ugly ducklings by home owners
and a few listing agents, too. 

"IT'S JUST BUSINESS", they all said.

WELL, THE UGLY DUCKING TURNED INTO A BEAUTIFUL SWAN. 

Buyers have now put their foot down and said "Give us a good deal or we will wait." 

Are home owners giving buyers a good deal?  NO!
Are listing agents giving buyers any help with realistic pricing recommendation?  NO!

NEW HOME BUILDERS have seen the red ink and decided to do what they have to do to sell homes. Square foot comparisons are about equal for price, lot, etc. The big difference is age of the home and INCENTIVES.
 
Are new home builders giving us anything?  YES, INDEED! ! ! New home builders have seen the light, or seen the red ink and have decided to bring those buyers back out and if they have an agent in tow, the agent is treated with a smile.  Yes, a smile. No more being ignored when you go in for information.  No more being told that they only have brochures for agents who have buyers with them. 

Previewing for my buyer last week in Western Loudoun County was a forgotten experience.  The builder's rep smiles when I come in to preview.  They take my card and smile again.  They offer me a brochure - with a smile.  They offer to tour the home with me so I know what the upgrades in the model are with a smile.  They register my buyer for me without the buyer present. Not a problem they say with a smile. 

Touring with a new home buyers yesterday was FUN.  We're looking at homes priced from $550,000
to $700,000.

"What's the cost of the fireplace in the Family Room?"  "STANDARD"
"How much would that Sun Room cost?"  "STANDARD"
"What would it cost to finish the basement?"  "1,500 square feet STANDARD"
"Can I get a brick front like this house?"  "STANDARD"

On and on and on, STANDARD, STANDARD, STANDARD.
Oh, and $40,000 towards structural upgrades and designer option.
Oh, and $20,000 towards closing.

It's like coming home. 

• What will my buyer get for $700,000 in a new home?
• The buyers will get a new home.
• The builder will pay about 9% in incentives
• The buyers will get a new home.
• The buyers will get 9% in structural upgrades. 
• The buyers will get a new home.
• The buyers will get a 10 year structural warranty.
• The buyers will get a new home.
• The buyers will get all new appliances.

THE BUYERS WILL GET A NEW HOME

Courtesy:  Homefinders.com

THE DULLES AREA OFFERS LOVELY HOMES AND CONVENIENCE TO SPARE

Buying a new home can often be a matter of compromise; location vs. price vs. amenities, vs. schools, vs. price, etc. Buyers for homes in Loudoun County are faced with the same trade-offs. 

Do they buy the $1,000,000 home that is 15 minutes from the job site, but is across the road from a light industrial area, Dulles International Airport on 1/2 acre lots?? 

Or, do they buy the $1,000,000 home, same model, that is 40 minutes from the job site, but is in the countryside with a pastoral and mountain view on 3 acres? 

I'm working with a new buyer couple now that is facing that very same dilemma.  They love the Waterford new home model that they have selected and they can get the same model in both locations.  However, unlike the friends that purchased a home in the rural area, this particular buyer is very focused on the commute to and from work 4 days a week.  They would also have the toll to pay to make the commute from the new homes in Waterford within 40 minutes.  We're about $7.00 a day now and scheduled to go up every year, I suppose until they simply drive away ALL traffic and then they can make the toll anything they wish because no one will use the road at all, ever.

My research shows that the homes in close proximity to the industrial area and the airport do NOT have the sustained value on resale that the homes in the rural areas have enjoyed. 

It is fascinating how LOCATION, LOCATION, LOCATION is such a driving force for home buyers. It will be interesting to see which, if any, home this couple buys. 

SEARCH LISTING LOUDOUN COUNTY VIRGINIA

Courtesy:  Homefinders.com, a broker serving the needs of buyers for real estate in Loudoun County

FRANKLIN PARK - WHERE YOU'LL FIND OUTDOOR LIFE ENJOYMENT FOR EVERYONE.

Franklin Park - offering 203 acres of rolling hills with views of the Blue Ridge Mountains since opening on July 4, 1998 with outdoor activities for individuals and groups and teams.


Welcome to a place for play and pleasure.   

IMAGINE A PARK WHERE THE FACILITIES INCLUDE:

Aquatics - Swimming, Fishing, Hiking, Walking, Running Trails, Equestrian Facilities, Ball Fields, Tennis, all on ground with a view of the Blue Ridge Mountain Range. 

SWIMMING AT FRANKLIN PARK
AQUATICS - Franklin Park Outdoor Swimming Pool
SUMMER POOL ACTIVITIES
Franklin Park Swimming Pool Activities include:
        Swimming Lessons
        Franklin Park Swim Team
        Birthday Parties at Franklin Park Pool
        Group Water Activities
        Individual Lessons
        Water Safety Training

HIKING AND WALKING TRAILS - Facilities include three trails, 3.5 miles of the Inner Trail, the Outer trail and the Perimeter Trails. Picnics at the shaded playground area are always popular.

 

 

 FISHING - Catch and Release Fishing is popular with children of all ages.

ALSO FOR YOUR ENJOYMENT

EQUESTRIAN FACILITIES - Trails, paddocks and parking for horse trailers. 

Sand Volleyball Courts can be rented for that special get together for friendly competition.

PAVILION RENTALS are available for large and small groups.  Contact the Franklin Park Facilities for more information
or with any special requests at 540-338-7603.


17501 Franklin Park Drive
Purcellville, VA 20132
Phone: 540-338-7603
Hours: Dawn to dusk, seven days a week

 

 

MAP LOUDOUN COUNTY, VIRGINIA, FRANKLIN PARK IN CIRCLE

COURTESY - Homefinders.com  

Search Listings of Homes for Sale in Purcellville

New Homes For Sale in Purcellville VA

SALES FOR DETACHED SINGLE FAMILY HOME IN LOUDOUN COUNTY YEAR TO DATE 2007.

754 Homes have sold in 2007 from January 1, 2007 through May 8, 2007.
The minimum price for a Detached Single Family Home in Loudoun County Listed for $199,900
This was a small bungalow in Leesburg that Sold for $160,000 with a $300 subsidy. 
The house has 478 square feet.  The property was on the market for 6 days. 

Home in Leesburg that sold for $160,000.

The maximum price for a Detached Single Family Homes in Loudoun County Listed for $4,950,000
This home is in Middleburg and Sold for $4,750,000. 
This was a 129 acre horse farm with a 10 year old home, a pond, 9 staff barn, sheds, views.
The home was on the market for 173 days. 

HORSE FARMS IN LOUDOUN COUNTY - MINIMUM 5 ACRES REQUIRED

The average Detached Single Family Home in Loudoun County sold between January 1, 2007 and May 8, 2007 sold for $620,000, was on the market for 106 days. 

Typical home in Loudoun County in the $620,000 price range.  

SEARCH LISTINGS FOR HOMES FOR SALE IN LOUDOUN COUNTY VIRGINIA

Leesburg is the County Seat for Loudoun County.  Homes in Loudoun County are lovely, the towns charming and real estate is priced right for Northern Virginia - 15 minutes to Dulles Internation Airport. 

loudoun county real estate, loudoun county homes

LUXURY HOMES IN LOUDOUN COUNTY WITH ACREAGE

WHAT DO YOU SAY TO A HOME BUYERS WHO CALLS AND SAYS
"We would like to buy a new home with a nice big lot".  Only one thing an agent can say.  "LET ME HELP YOU FIND A DREAM HOME."

DREAM HOMES ARE IN WESTERN LOUDOUN COUNTY.

Wonderful floor plans with 3000-5500 square feet of finished living area above grade.  HOMES ON ACREAGE WITH LUXURY FEATURES START AT ABOUT $1,000,000.  There are about 10 luxury home communities in Western Loudoun County that suit the taste of most new home buyers.

WHO ARE THE BUYERS? 
Move up buyers who have outgrown their present home.  Many families purchased their present home before they started a family.  Now that they have children, their interests have changed and they are usually comfortable with a slightly longer commute to get that wonderful home where every child will have their own room, room for guests, a place for spectacular indoor and outdoor entertaining and a home that will express the decorating that they've been viewing on the home shows for a couple of years. 

HOMES WITH ACREAGE IN LOUDOUN COUNTY

Homes in Western Loudoun County in May 2007 on 3 acres or more is priced at $1,100,000 to $3,000,000.  The Average new home in Western Loudoun County on 3 acres or more is priced at $1,522,761.  Homes closer to Leesburg and the Dulles Greenway are priced up to $250,000 for the same square feet as homes 10 miles farther out.

LOVELY HOMES WITH ACREAGE, Lovely homes on acreage with 3-4 car side load garages, quality exteriors with brick, stone accents, full basements. 

4-5 Bedrooms above grade

3-5 Full Baths

Gourmet Kitchens with Granite Counter Tops, Islands, Luxury Flooring and Appliances.

Owners Bedrooms with Sitting Rooms and Garden Baths with Separate Shower, Double Sinks, Water Closets, Whirlpool Tubs.

Special  additions include Conservatories, Sun Rooms, Attriums, Screened Porches, Decks, Finished Basements.

MAP LOUDOUN COUNTY, VIRGINA

The area offering the best value in luxury homes on 205 acres is Western Loudoun County including Lovettsville, Hillsboro, Round Hill, Purcellville and Hamilton. 

Waterford - Where the old meets the new with a spectacular view of the mountain range  

THESE NEW HOMES OFFER EXCELLENT PRICES, MODELS AND LOCATION. 

Well planned community with beautiful building with views or wooded lots with privacy and walk-out elevation.

Convenient location just minutes from major transportation alternatives.

All pre-construction priced for value.

Minutes from major shopping.

Top ranked public schools. 

Western Loudoun County is home to a number of well known and local builders. 

Home buyers will save about 15-20% by going 20 minutes West when looking for luxury real estate in Loudoun County. 

These homes are priced from $800,000 to about $1,200,000 base price with an average $100,000 in upgrades added by most buyers. 

WATERFORD IS IN THE LOVETTSVILLE AREA

Mileage to Employment Centers

Leesburg - 10 miles

McLean - 30 miles

Tysons Corner - 28 miles

Rockville, MD - 50 miles

Dulles Airport - 20 miles

MARC Train - 8 miles

Dulles Greenway - 10 miles
 

For other locations in Loudoun County, visit Homefinders.com in Loudoun County.

Search Listings in Loudoun County Virginia

 WATERFOOFFERWONDERFUL MOUNTAIN VIEWS OF THE CATOCTIN MOUNTAIN RANGE.

THE MODEL THAT MY BUYERS LIKE OFFERS WONDERFUL FEATURES AND AMENITIES:                           
About 4,700 square feet base before Sun Rooms, Solarium, Finished Basement.
Two Story Foyer
Two Story Family Room
4-5 Bedrooms
4 1/2 Baths
3 Car Garage
Study
Center Island Kitchen with gourmet appliances                              
Full Basement                                                                   
3 acre + lots

These homes are the best buy for new luxury homes in Loudoun County Virginia for the square feet and amenities.  There is value when buying new homes if the builder is a national company with the economy of scale in materials.

Waterford was founded in 1730 by Quakers.  The population in the 21st Century is about 300.

The original commerce included a tannery, a boot and show manufacturer.

Commerce today is tourism. 

Waterford Streets

Presented by Lenn Harley, Broker, Homefinders.com, representing home buyers in Loudoun County, Virginia, Northern Virginia and Maryland.