Saturday, April 20, 2013

Location, Location, Location

For a while now I've battled internally over our lot location.  It's a corner lot, which is good, it offers a little more space than most of the lots that were left available, however it does mean that we will have a home behind us. 
When we initially looked into the community there were 21 of 60 lots remaining.  The community differs than most in many ways, but also it's unique in the sense that the streets are not lined up so, when you look down the street it's not like looking at house after house of the same thing.  That was the end of September 2012.  There would be no additional homes built in this area so if we wanted in at a price we could afford it would have had to be soon.  The land/community to the right are 700k to million dollar homes located on large lots.  The land/community/lots to the left are 300-600K homes on medium sized lots, although there are some left available it's with a different builder for those communities and outside of your budget. 
When we signed our Purchase agreement there were only 8 lots left (and that was including the lots on paid lot holds)  There wasn't much left to choose from.  Basically we could be smashed in-between homes, pay a lot premium, or take the remaining corner lot and have a home behind us, but on the other side of the walking path.  We opted for the lesser of evils and snatched up the corner.  It's not a bad spot.... really.  None of the spots are bad!  This is a very unique, small, tight-knit community that I believe we're going to absolutely love!  They've even sold 3 or 4 more since then. I'm learning a lot through this process and learning a lot about myself and it's only the beginning.

4 comments:

  1. Looks like such a neat community! I think you made a great choice. We initially picked a corner lot too but would have had 3 houses behind us and it was a $5500 premium. We ended up paying to change it to the lot we ended up with because it had a few other requirements (side entry garage, extra landscaping) that were getting us out of our budget range. Looks like you picked a great one!!

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    1. Thanks! Did you end up just paying a fee to change or switching to a higher priced lot?

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  2. We opted to stay away from the lot premium as well. There seemed to be a little price inflation for a few more trees. I like the way that your community looks and it is great that so many lots are sold. It will be wonderful to be in a completed community. No more construction and no vacant lots!

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    1. It is nice to know that after ours only 5 more homes sites will have to be completed! My mom pointed out that we'll spend more time inside than out so where we isn't as important as the extras we were able to get by skipping the premium!

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