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WHY YOU NEED AN AGENT WHEN BUILDING A HOME
Cost to You
Nothing! Any compensation given to a Realtor® is recognized by the builder as a marketing fee and has no impact on the final cost of the home. Builders desire, expect and encourage Realtor® participation.
Savings to You
Are you getting what you're entitled to have ... both in quality and value? An experienced agent knows what you should receive and what "extras" might be available.
Resale...Appreciation & Profit
Give your investment the best opportunity for appreciation at resale. Questions concerning site location, builder, design and decor are important. Your agent knows you are building not only for today ... but for tomorrow.
You Are Represented
With your Realtor®, YOU are represented! Your agent's experience, knowledge, and reputation represents strength and leverage on your behalf.
TIP: New Construction - Builders will NOT offer a better price or additional incentives to buyers not represented by an agent. Builders depend on Realtors® for a significant portion of their sales and do not alienate them.
CAUTION! If you visit a Model Home and register with the builder prior to obtaining Realtor® representation, the builder may not allow you to obtain Realtor® representation for his homes at a later date. In fact, the builder will usually assign one of his agents to represent a prospective buyer that does not have his own representation. Staley Kopecky STRONGLY encourages you to have Realtor® representation (an unbiased agent with your best interests in mind) BEFORE visiting a model home.
We SPECIALIZE in NEW CONSTRUCTION in the LOVEJOY INDEPENDANT SCHOOL DISTRICT (Fairview, Lucas, Lovejoy, McKinney).
If you are looking for acreage to build your custom Dream Home or up to the minute information on existing and upcoming developments in the Lovejoy ISD - we are expert in this market. Our services include locating not only your land but also assisting you to find just the right builder for your needs.
Helpful links for discovering the Fairview Difference:
http://www.fairviewtexas.org/
http://www.lovejoyisd.net/
http://www.downingcustomhomes.com
Market Conditions Create High Demand for New Homes in Lovejoy ISD
(FAIRVIEW, TX—August 15, 2006) If you are considering building your new dream home in the highly sought after Lovejoy Independent School District, you may be in for a shock! Several factors have contributed to increased land and home sale prices in this area over the last couple of years.
First, the HIGHLY rated, small and affluent Lovejoy ISD opened it’s new high school this month and is on the path to a full K-12 District. Next, Lovejoy ISD encompasses a very small geographic area with limited available land for development. Added to this, both Lucas and Fairview (which comprise most of Lovejoy ISD) have decreased their average density for new developments to 2 acre minimums. Lastly, some of the best builders in the Metroplex have finally discovered us and are now building beautiful estate homes that rival any in Texas!
Until this year Lovejoy ISD was comprised of two elementary schools, Hart and Lovejoy. Both schools have enjoyed Exemplary ratings for many years. In 2002 and 2003 voters decided to fund the expansion of Lovejoy ISD to include all grades K-12. In August 2006 Lovejoy opened it’s doors to the new high school facility which services approximately 800 students grades 6-9 this year. Each year one grade will be added and in 2008 grades 6-8 will move to the new middle school. The first seniors will graduate from this “upstart” 3A high school in 2010. The Dallas Morning News coined Lovejoy ISD as the “NEW HIGHLAND PARK”! People are flocking to enroll their children in this small, affluent, and highly rated district.
Add to this the fact that land falling within the boundaries of Lovejoy ISD is very limited (less than 40 square miles). By the time you remove land for, roads, easements, drainage, flood plane, commercial property, schools and churches, there’s even less left for new homes. Of course supply and demand rule economics. The economics of land in Lovejoy ISD: it is scarce, demand is high, thus prices are increasing.
Not only is the land mass limited, but it now requires more land to build a home. The cities of Lucas and Fairview work hard to maintain a rural lifestyle where horses are welcome, and one can actually SEE the night sky! Toward this goal, both municipalities have new development guidelines which include a lower average density factor. Depending on when a tract of land was platted, it may be “grandfathered” to allow 1 home per 1 acre of land. New plats however must meet stricter guidelines and achieve a maximum average of 1 home per 2 acres of land. This of course doubles the cost of the land required to build one home.
All of this activity has recently caught the eye of some of the best builders and developers in the Metroplex. LandPlan Development Corporation (developers of Stonebriar Park, Stonebriar Country Club, and Starwood) recently opened their prestigious new custom home community Tranquility Farms in Fairview. With approved builders like Downing Custom Homes, Bella Custom Homes, and Tim Jackson Custom Homes, you can be sure this project will be absolutely exquisite! Homes range from $1,000,000—$2,000,000.
But what if you cannot or do not wish to spend a million dollars on your new home? Coming Soon: The wooded development Le Jardin in Lucas is a VERY exclusive neighborhood of only 6-7 custom homes starting in the $800,000’s. The new Amherst community by Paul Taylor Homes offers 1+ acre lots with prices starting in the low $400,000’s. Wolf Creek by David Weekley Homes offers 1+ acre lots with prices starting in the low $500,000’s and also Coming Soon: Cimarron in Lucas by Drees Homes will be building homes in the $500,000’s.
If you would like professional advise on which builder(s) and which communities would be the best match for your criteria and your budget, Staley Kopecky Distinctive Residential Brokerage is expert in New Construction for the Lovejoy area. Diana Kopecky, Principal Broker for Staley Kopecky lives in Fairview and is very involved in several local new construction projects, she is a great resource for “the inside scoop”.
In conclusion, try not to be intimidated by Sticker Shock when searching for a new home in the Lovejoy Independent School District! Because of the unique market conditions discussed in this article, this may be the best opportunity you will ever have to purchase or build your dream home in Lovejoy ISD.
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