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Active Adult Richmond Real Estate Sales on the Rise

Coach Homes of KinlochDespite the economic downturn, several real estate builders are picking up! Boone Homes’ new Richmond real estate sales are already ahead of last year’s sales.

“The no maintenance, one-level buyer is now starting to actively look and purchase homes, especially in Richmond’s popular West End district,” said David Owen, president of Boone Homes. “The strength of the stock market is returning, restoring optimism for these buyers.”

Bellingham in Twin Hickory, Grey Oaks Villas and Coach Homes of Kinloch are the builder’s most active communities featuring Richmond no maintenance homes. Priced from the $350,000s, these communities boast convenient one-level living with additional bedrooms on the second floor. From two to four bedrooms and 2.5 to 4.5 bathrooms, these gorgeous homes have up to 4,415 square feet. Each community offers residents a maintenance-free lifestyle with services that include lawn maintenance, seasonal treatment and aerating, irrigation, exterior painting, gutter cleaning, snow removal and trash service. (Continued…)

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Boone Homes Offers Move-in Ready Richmond New Home

If you’ve been waiting for your luxury Richmond new home to come along, then look no further because it’s here! And the deal is even more perfect because this artisan home in Haywood Village at Charter Colony is available for an immediate move-in!

Built by Boone Homes, the single-family home is priced at $459,950, spans 3,200 square feet and features five bedrooms and three-and-a-half bathrooms. Some of the many practical and beautiful features offered are a spacious family room with a gas log fireplace, a breakfast area, a kitchen with granite counters, hardwood floors, a first-floor study and a backyard with full sod and irrigation.

In addition to the beautiful Richmond real estate in Haywood Village, residents enjoy amenities such as tennis courts, pools, walking trails, a playground and a multi-purpose field. Close to the YMCA and other parks in the area, residents have many options for outdoor recreation. Children in the community attend J.B. Watkins Elementary School, Midlothian Middle School and Midlothian High School. (Continued…)

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Boone Building New Homes When Others Can’t

In a recently published article on Reuters titled, “New Home Sales Up, Inventory at a 43-1/2 Year Low,” the message seems hopeful at first glance. However, the reason behind the title is worth asking a few questions.

First of all, why is the inventory of new homes so low?

For starters, the number of used homes available in the Richmond real estate market is currently very high. To explain the terminology, a “used home” is one that was build using yesterday’s construction methods, which are now slightly outdated by today’s methods. These homes are not current on energy efficient standards and are stuck with yesterday’s curb appeal. Foreclosed homes are quickly flooding the market as buyers must leave their homes do to unfortunate financial circumstances. On the other hand, a used home from a seller who is not experiencing financial difficulties is more than likely just not suited for their needs anymore. (Continued…)

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