New Construction
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24 Townhouses (maybe, eventually?) coming to Vine Street |
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 Townhouses may be built on Vine Street (across from Longview Oaks and Beacon Hill) at some point in the future. This land was rezoned from agricultural to residential in 2010, and is owned by Virginia State Free Will Baptist Church. Cosner Construction (Broadway, VA) is considering building 24 - 28 townhouses on this site. Read more in the May 12, 2016 Daily News Record article, Planners OK Utilities For Development. | |
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More New Homes Selling, at Higher Prices |
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 As shown above, more new homes (54) sold in 2015 than in any year during the past five years. In fact, the 54 new home sales shown in the MLS in 2015 marked a 42% improvement over 2014. Furthermore, the median sales price has increased to $140/SF -- the highest level seen anytime in the previous six years! Of note -- the home sales shown above are only the new homes sold via the MLS. Plenty of other new homes have been built in recent years and sold directly by the builder (without ever being in the MLS) or were built via a contract build between land owner and home builder. Read more in my Harrisonburg Year End Real Estate Market Report....  | |
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Last call for a new townhouse at The Townes at Bluestone in 2015 |
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 If you were hoping to buy a new townhouse at The Townes at Bluestone in 2015, you only have one more opportunity to do so. These townhouses are selling fast, and there is only one remaining townhouse available that could be completed this year. There are plenty more in future sections of the community, but the next building will not be complete until Spring 2016 (+/-). Feel free to walk through the model home, online, in 3D here. | |
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What is a modular home? |
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 photo source According to Wikipedia, a stick-built structure is "one constructed entirely or largely on-site," as opposed to a modular home that is "divided into multiple modules or sections which are manufactured in a remote facility and then delivered to their intended site of use." My experience in chatting with buyers over the past 12 years has been that there are mixed opinions on modular homes. For example, some would suggest that . . .
Overall, my experience indicates that modular homes sell at slightly lower prices as compared to stick built homes -- and some of that is solely as a result of some buyers being hesitant to purchase a modular home. Google indicates that several companies offer newly built modular homes in Harrisonburg. | |
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Walk Through This Home, 2550 Ramblewood Road |
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 Take a few minutes to walk through this spectacular home, a custom, site-specific design by Architect John Daly that is special to him because the land was parceled off of his childhood farm and neighbors several family members.  The property is surrounded by mature trees, long views. Enjoy a fiber cement, stone and brick exterior, an open floor plan with solid Brazilian Cherry floors and a first floor master suite. The two story living room with a fireplace features views out to the deck and a wooded grove. The kitchen features a high end Dacor gas cooktop, double wall ovens, exotic granite countertops and a brick backsplash. Don't miss the second level multifunctional space that leads to a rooftop terrace, the private fire pit sitting area and extensive landscaping. Click here to walk through this home, on your computer, phone or tablet. Or, visit this home's property website. Or, view high resolution photos of this home by clicking the collage below....  | |
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Sales of new construction homes speeding up in 2015! |
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 General market recovery (in both pace and price of sales) may finally be resulting in a return of new construction single family home sales. As shown above, we may see a big jump in the number of new construction home sales in 2015 -- perhaps beating out the past five years! | |
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Will a robot build your next house, in two days? |
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 Probably not. But there is a robot in development, named Hadrian, that can lay 1,000 bricks per hour -- 20 times faster than a human bricklayer. It will be fascinating to see if/when we start to see more automation in the home building process. Read more.... Gizmag: Brick-laying robot can build a full-sized house in two days Mashable: A robot called Hadrian wants to build you a house in two days Also, read more about Hadrian, the Roman Emporer who rebuilt the Pantheon. | |
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Visit the Harrisonburg SVBA Home and Garden Show This Weekend! |
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 Don't miss Harrisonburg's SVBA Home Show this weekend! Saturday: 9:00 AM - 6:00 PMLearn all about the MANY fun activities happening at this year's home show here. | |
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When will we see more NEW single family homes being built? |
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 As shown above, there have not been very many new single family home sales in the MLS over the past few years. That said, there have certainly been new single family homes built that are not reflected in these numbers -- for example, custom homes built by builders on customers' building lots. Why aren't more new single family spec homes being built? And when will we see them being built again? The Why -- as I was commenting to a builder yesterday, the continued availability of reasonably priced re-sale homes is making it tough for buyers to decide to build a custom home. The When -- we need to see appreciation of home values, bringing up the prices of these re-sale homes, in order for new homes to be able to be priced competitively enough to more frequently be the chosen option for buyers. | |
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Walk through the Model Home at Heritage Estates |
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 Heritage Estates is an active adult community in Harrisonburg with a swimming pool and located adjacent to Heritage Oaks Golf Course. Now, thanks to some new technology you can walk through the model home....  If you, or your parent(s) are considering a move and would be looking for a low maintenance home in a community with a swimming pool and friendly neighbors, let's meet over at the new model home at Heritage Estates so I can tell you a bit more about the community. | |
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Lot Sales in Harrisonburg and Rockingham County |
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Let's take a bit of a closer look at lot sale in Harrisonburg and Rockingham County - both at the number of sales in each subdivision, as well as the number of active listings, plus we'll examine the price range for each neighborhood....  A few observations....
Explore lots for sale....
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Zero Energy Home Training event in Harrisonburg |
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 How can your next home use ZERO electricity? It is possible! Calling all builders (and other interested parties) --- there will be a "Zero Energy Home Training" event in Harrisonburg on November 10th at the Ice House from 8:00 AM - 12:00 PM. Information covered in this free training session will answer these questions (and more)....
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Fewer new homes selling but at higher prices (per SF) |
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 Significantly fewer new single family homes are selling these days -- but the price per square foot of these sold homes is starting to edge upwards. The median price per square foot is now above $130 again in 2014, even though the number of new homes sold in 2014 is likely to be a good bit lower than in 2013. Learn more about recent market trends in my October 2014 market report....  Featured Property: 1207 Three Springs Road, McGaheysville, VA Jump to the full online market report, or download the PDF. | |
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Construction is booming at the Reserve at Stone Port |
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 click here for a larger version of this photo If you haven't driven down Ridgedale Road lately, you might not have seen how construction is booming at the Reserve at Stone Port! This luxury apartment community is slated to open this Fall, and is described as follows on the Cathcart (developer) and Reserve at Stone Port (community) websites.... "The Reserve at Stone Port is a wonderful escape from the ordinary. Relax in an atmosphere appointed with luxury and comfort, where exceptional finishes and remarkable features outline each unique and spacious 1, 2, and 3 bedroom apartment homes. Experience extraordinary style, convenience, resort-style amenities, and an award-winning customer service team."  The site plan (above) references amenities including a clubhouse, swimming pool, fire pit, hot tub, cabana, tot lot, putting green, sport court and dog park! There appear to be 1 BR, 2 BR and 3 BR options available, the floor plans for which are available online. | |
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New Model Home at Heritage Estates, an active adult community with a pool |
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 A new model home was just completed at Heritage Estates, an active adult community in Harrisonburg with a swimming pool and located adjacent to Heritage Oaks Golf Course. Enjoy the photos below, check out the entire set on Flickr, and if you, or your parent(s) are considering a move and would be looking for a low maintenance home in a community with a swimming pool and friendly neighbors, let's meet over at the new model home at Heritage Estates so I can tell you a bit more about the community.       Learn more about Heritage Estates at HeritageEstates.us. | |
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How to begin thinking about building a custom home |
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 I have several clients who are thinking about building a custom home. This is a helpful piece from Charles Hendricks [ Custom Home - how to get started ] that can get you started thinking about whether you are going to start by meeting with an architect, drafter or builder. Read more here: Custom Home - how to get started | |
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Sustainability Conference to be held in Harrisonburg in September |
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 Registration is now open for the Mid-Atlantic Sustainability Conference. A special offer to the first 30 people to register will get a free copy of the National Green Building Standard ICC 700-2012. This conference features industry experts in the subjects of sustainable sites, alternative energy, legal green, building science, energy code, design solutions, energy modeling, HVAC design, indoor air quality, and zero energy homes. Speakers include Allison Bailes, Sam Rashkin, Ross Spiegel, and Peter Yost just to name a few. Sign up today for the Mid-Atlantic Sustainability Conference, to take place on September 4 - 6 at James Madison University. | |
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Recently built, one level homes in Harrisonburg under $200K |
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 Guess what, they largely don't exist....with one exception. If you were a home buyer looking for a home under $200K with everything on one level.....and you wanted something built in the past 20 years so you wouldn't have too much maintenance, you wouldn't find many options. Nearly all of the properties built in the past 20 years for less than $200K (with 2+ beds and 2+ baths) are two-story townhouses. The one exception.... Founders Way Condominiums. These brand new 2 bedroom, 2 bathroom condos offer an open floor plan with upgrades including hardwood laminate flooring, granite countertops and more. Check out some photos here and here. Check out pricing and availability here. | |
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SVBA Home and Garden Show 2014 to take place on April 12, 13 at Rockingham County Fairgrounds |
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 Mark your calendars, and plan to come out to the 2014 Home & Garden Show at the Rockingham County fairgrounds this Saturday and Sunday:
As Charles Hendricks notes, over at HarrisonburgArchitect.com.... The Home and Garden show is a great kick off to spring each year, giving you access to the best and brightest in the home industry in our area. Find more more via Facebook. | |
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Townhouses at Preston Lake |
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 click the image for a larger version Kensington Model (22' wide): floor plans -- starting at $289,990 Manchester Model (24' wide): floor plans -- starting at $294,990 Townhouses are under construction at Preston Lake, anticipated to start in the $280K price range. I took a quick ride through Preston Lake yesterday to see how things are looking....  The townhouses have been delivered! Well, at least the walls have. The townhouses will apparently be built with pre-framed walls.  If you haven't already seen it, this is Preston Lake's model home.  The upgraded entrances to Preston Lake are certainly looking good.  There is even a new wall along Massanetta Springs Road that provides a bit more definition to the community.  Finally, construction is almost complete on the bridge across the end of the expanded lake. For more information about Preston Lake, feel free to email me at scott@HarrisonburgHousingToday.com or call me at 540-578-0102. | |
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Scott Rogers
Funkhouser Real
Estate Group
540-578-0102
scott@funkhousergroup.com
Licensed in the
Commonwealth of Virginia
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