Culpepper Landing

Posts Tagged ‘New Construction’

2015 St. Jude’s Dream Home at Culpepper Landing

Monday, April 20th, 2015
2015 st jude dream home

2015 Dream Home by Stephen Alexander | Photo Credit: L. Todd Spencer/The Virginian Pilot

Article By Joanne Kimberlin  | The Virginian-Pilot  |  ©

CHESAPEAKE

You can’t raffle off your own house – that’s illegal. But for $100, you might win one – a $475,000 Deep Creek beauty being raffled to benefit St. Jude Children’s Research Hospital (charity = legal).

Odds of snagging the keys are 1 in 13,000 (number of tickets being offered) – which is better than the lottery (recent Powerball: 1 in 175 million).

Win the house, though, and you’ll have to come up with a lot more cash before you move in. Taxes are due up front, about $100,000 worth (the fly in the ointment).

On the upside, plenty of banks will be eager to help you out, since 3308 Dodd Dr. in Chesapeake’s Culpepper Landing will make fine collateral.

The 3,100-square-foot house – three bedrooms, media room, screened-in porch, top-shelf appliances and a to-die-for master bath – is one of 30 being raffled across the country for the annual St. Jude Dream Home Giveaway, the hospital’s biggest fundraiser.

Builders in Hampton Roads have been participating for 15 years. This year’s house is the sixth built by Stephen Alexander Homes & Neighborhoods.

Stephen Quick, who owns the company with his two sons, says his outfit has funneled $6 million to St. Jude over the years. Dozens of local and national contractors donate materials or labor, while Quick and his folks work for free.

The result: A home built for about 40 percent of its usual cost, which is covered by raffle proceeds.

Tickets usually sell out; St. Jude gets the rest.

Read the full story on Pilotonline.com.

Market Projections for 2014. What do the “experts” think?

Friday, November 8th, 2013

Made in America HouseThe Chief Economist at the national research division of Hanley Wood , Jonathan Smoke, has peered into his glass ball for 2014, run his magical algorithms and determined the outlook for residential new construction for the Top 100 markets for 2014. His ratings are based on the overall economic health of each market and expected growth in new home sales next year. How did the Norfolk-Virginia Beach-Peninsula SMA rate? He gave our region a score of 78.4 (on a 100 point scale). Now, that’s a bit hard to decipher until you put it into context. The top local market was deemed to be The Villages, Florida (I can only assume that is the name of the actual city or metro market) with a score of 95.0. The bottom market was, somewhat understandably, Detroit, MI with a score of 32.8. And our neighbor to the north, Washington, DC, inside the beltway where most of the money seems to be flowing these days, attained a score of 86.2.  I would say this puts Hampton Roads into the category of “slow but reasonably steady” growth, which may be tempered based on how things like sequestration and defense cuts ultimately play out. So…how do you feel about the prospects for our region next year when it comes to housing?

Home Ownership Is Still Important.

Friday, October 25th, 2013

PNC Mortgage put out a recent Homebuyer’s Guide. It listed 10 Reasons to Own Your Own Home. Thanks, PNC Mortgage. A great reminder for all prospective buyers that homeownership is still a solid emotional and financial investment.

#1 – Equity ~ Money paid for rent is money you’ll never see again, but mortgage payments let you build equity in your home;

#2 – Savings ~ Building equity in your home is a ready-made savings plan. And when you sell, you can be eligible for tax-free gains (of course, you’ll want to consult a tax advisor);

#3 – Predictability ~ Unlike rent, your fixed-rate mortgage payments don’t go up over the years. However, keep in mind that property taxes and insurance costs may rise;

#4 – Freedom ~ The home is yours. You can decorate any way you want and be able to benefit from your investment for as long as you own the home;

#5 – Stability ~ Remaining in one neighborhood for several years gives you a chance to participate in community activities, lets you and your family establish lasting friendships and offers your children the benefit of educational continuity;

#6 – Owning Your Home Is the Number One Way to Build Financial Security ~ The Federal Reserve reports homeowners have an average of $184,000 in household wealth versus renters whose net wealth on average is $4,000;

#7 – Homeownership Gives Children a Great Start ~ Studies show that children of homeowners have higher educational levels, a lower rate of teen pregnancy and higher test scores;

#8 – You No Longer Need a Big Downpayment ~ Historically it was customer to make a downpayment of 20% of the home’s sales price, which prevented many people from being able to consider homeownership. Today, there are many affordable loan products that require little to nothing down;

#9 – Mortgage Interest and Private Mortgage Insurance May be Tax Deductible ~ For the first few years of the mortgage loan, it is typical that the vast majority of your payment is made up of interest. For many, that can mean significant tax savings (again, consult that tax professional about your individual situation);

#10 – It’s a Good Time to Buy ~ In today’s market, the affordable housing prices, inventory of available homes and low mortgage interest rates provide a great opportunity for many first-time home buyers.

At Culpepper Landing, we can show you beautiful homes, priced from $175,000 to the upper $400s, that will make your decision to become a homeowner an even smarter one!

Kitchens…Bigger, or just Better?

Wednesday, October 23rd, 2013

According to a recent survey by Houzz (have you seen the Houzz mobile app yet? Get it – it’s pure eye candy and chocked full of incredible ideas!!), people considering a kitchen remodel aren’t necessarily looking to get a bigger kitchen, just one that is more open with updated countertops and appliances. Do you agree? As an alternative to an expensive and disruptive remodel, why not buy a new home at Culpepper Landing where the kitchen design is already open and modern and you can select the cabinets, countertops and appliances that work for you?

The Great Dilemma: Own or Rent?

Wednesday, August 28th, 2013

This question races through the minds of most people at some stage of their life as they ponder whether to initiate or renew that lease…or take the plunge and buy a home! If you’re on the fence, the clickable flyer to the left will help you think through some of the issues you Rent versus Own Considerationsought to be considering. If you’ve already decided to stick your toe in the water and see what’s on the market in new homes in Chesapeake, we’d like to suggest you take a look at The Villas at Culpepper Landing. The low maintenance condominiums may be the perfect choice for you. The Villas offers 2 bedrooms, 2 1/2 baths, a dedicated office, walk-in laundry room, spacious master suite, 9′ ceilings on both floors, 42″ kitchen upper cabinets for added storage and a fence privacy area for morning coffee or cookouts with your friends. And The Villas resides within the larger Culpepper Landing community – twice host to Homearama and a River Star awardee for its environmentally sensitive development. You’ll enjoy the Aquatic and Fitness centers, clubhouse, dog park, lakes, playground and the “traditional neighborhood design” of Culpepper designed to honor the architecture and land planning of a simpler time the the fabric of community was woven into each neighborhood plan. Our sales center is open daily at Noon and is located at 554 Mill Creek Parkway. Can’t wait? Call our On Line Concierge, Jen Barkan, at 757-609-0602 and she can help get you started!

Introducing Culpepper Landing’s new On Line Concierge!

Friday, August 16th, 2013

If you’ve been to the Culpepper Landing website recently, you’ll notice a nice addition in the upper left corner of the site’s masthead. Jen Barkan hScreen Shot 2013-08-16 at 10.32.03 AMas come on board as Culpepper Landing’s own OnLine Concierge! Jen’s job is simple – to help you navigate the many choices available to you as a prospective new homeowner considering Culpepper Landing. Considering that Culpepper Landing offers 25 different floor plans from Villas to Row Homes to Single-Family Detached homes, Jen can be a tremendous help in understanding your needs and wants and directing you to the right plan! While Jen is a licensed REALTOR, she is not in sales. Her job is simply to assist you and provide you with the information you need to save time and make your home search as productive as possible!

If you’re looking for new construction in a central Chesapeake location with easy access to the Interstate, Culpepper Landing may be the perfect choice for you. Twice host to Homearama (2009 and 2012), Culpepper Landing was the #1 selling community in Hampton Roads in 2012 and is on pace to take that top spot again in 2013. Culpepper Landing offer a rich amenity package with walking trails, an Aquatic and Fitness center, a clubhouse, playground, dog park, numerous fountain-sprayed lakes and a diverse product line with pricing from the mid $170’s to over $500,000.  Truly there is a home and price to fit nearly every budget and lifestyle. Let Jen show you how “Life At Culpepper” might be just what you’re looking for by calling her at 757-606-0602.

Homearama 2012 at Culpepper Landing is Shaping Up

Friday, May 4th, 2012
builders sign pledge

Builders, vendors and local politicans sign a pledge to use at least 5% American made products in their homes.

Homearama 2012 at Culpepper Landing marks the 30th anniversary for Tidewater Builders Association’s Homearama in South Hampton Roads and the 16th time it has been hosted by the City of Chesapeake. Eight fully furnished and landscaped homes ranging from the $350,000s and higher will be featured in the showcase event.

View the 8 homes that are under construction now at Culpepper Landing. Builders include T.E. Jones of Vintage Homes, Chip Iuliano of ABT Custom Homes, Michael Brunick and John Reddecliff of Definitive Homes, Sam Cohen of Joey Corp., Les Ore of Les Ore Construction, Terry Neal of Reliant Construction Corp., Jimmy Richardson and Edward Hewitt of Richardson Homes/Viridian Homes, and Steve, Stephen and Alex Quick of Stephen Alexander Homes.

For news, photos and updates, you can also visit the Culpepper Landing Facebook page.

Meet Definitive Homes

Friday, July 23rd, 2010


Meet Definitive Homes. Definitive Homes is a certified EarthCraft Homebuilder and is committed to building green. Green building practices require time, education, training and increased costs on the part of the builder. “It’s not easy being green, but it is the right thing to do,” says John Reddecliff of Definitive Homes. “We believe everyone has a responsibility to protect our fragile environment from needless polution.”
Definitive is constructing homes using Insulated Concrete Form Technology. The benefits of this include at least a 30% savings on energy costs; a wall system built to withstand hurricanes, tornados, and fire; and a home structurally resistant to water, insects and termites.
Visit Culpepper Landing today and tour a Concrete Home for yourself. Learn more about Green builidng and all the benefits for you and our environment.