Culpepper Landing

Posts Tagged ‘new homes’

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 Intersection of Affordability and Luxury

Wednesday, October 2nd, 2013

One of the wonderful things about “Life at Culpepper” is the rich diversity of designs and price ranges this wonderful central Chesapeake community offers. From custom Single-Family homes to richly detailed Row Homes to our low maintenance/high style condominiums, The Villas, there seems to be something for everyone at Culpepper Landing. A real bonus is that you don’t have to lower your expectations about great construction detailing just to get a great price.

16The Villas4

There’s no better example of that than The Villas at Culpepper Landing by Corinth Residential. An intimate community of only eighty homes, The Villas offers features you’d expect to find only in much more expensive homes. Right now there are four homes ready for immediate delivery that offer hardwood flooring in the foyer, living room, dining room and kitchen, granite countertops and a stainless steel appliance package. These features are the highlight to an extensive standard features list that includes 9′ ceilings on both floors, durable, low-maintenance Hardie Plank siding, a walk-in laundry, dedicated office and a private fenced courtyard. And these homes are attractively priced below $175,000, offering you a total monthly payment less than most people pay in rent! And as a bonus, for any new contracts that close by the end of 2013, the Seller is adding a free washer/dryer/refrigerator package! On top of that, you get all the benefits of the Culpepper lifestyle, including the Aquatic and Fitness centers, clubhouse, parks, playground, dog park, walking trails and fountain-sprayed lake in an award-winning community (the #1 selling community in Hampton Roads in 2012 and 2013!!). The only question is…what are you waiting for?

 

 

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 Bill Ore LLC; Culpepper’s Dynamic Duo

Thursday, August 5th, 2010

Bill Ore LLC is the newly formed partnership of Bill Brice and Less Ore. Bill Brice has owned and operated WATAB Construction Corp. since 1976. He is one of the original builders from the first Homearama in 1982. Les Ore is the owner and operator of Discount Audio Sound and Home Theaters by DAS since 1985. Together this duo creates award winning homes and brings unbeatable value by including so many upgraded features as standards.
Don’t have a green thumb?
All yards are fully landscaped, sodded and irrigated before you move in
Are you a foodie?
Amazing kitchens with ceramic tile, maple cabinets with self closing door and drawers, granite counters, stainless steel appliances including refrigerator
Hate to wash the car in the cold winter months?
Outdoor spigots have both cold & hot water
Love to entertain?
Whole house audio including speakers in outdoor living spaces and 42” flat screen tv installed in family room

All of this in INCLUDED and so much more. Visit Culpepper Landing today and tour one of Bill Ore’s homes and see all these amazing value added features for yourself.