Maize and Garden Plain offering incentives to NEW home purchasers

As noted in my previous article about the September 2009 Housing Market,  homes over the $159,999 mark are having a very difficult time selling.  The only homes performing worse right now are NEW built homes over $159,999.  There is so much inventory on the market that if you're looking in this range, you're going to have your choice of homes!  While most note the value to be found in buying a resale, or "used", home - there's definitely the option to be a home's FIRST owner, maybe still have the chance to pick out your colors, flooring, appliances, or even to build from scratch.

In an effort to spur these home sales, 2 of our suburb city areas are offering some pretty nice incentives!

Garden Plain is located on Kellogg/US-54 between Goddard and Cheney, just about 15-20 minutes outside of town.  It's nice and quiet, with a small-town feel, but close enough to hop into Goddard or on into Wichita for fun and excitement.  They have 2 new home developments, yet have not had any new homes built this year.  The city has partnered up with a local construction supply business to offer these credits/rebates towards the city's water/sewer bills:
"The credit is $3,000 for new houses between $100,000 and $150,000; $4,500 on houses between $150,000 and $200,000; and $6,000 on houses over $200,000."

Earlier this week, Maize also announced an incentive tied into the Parade of Homes to stimulate new home sales in their area.  Maize is located North-West of Wichita, right up against the Wichita border.  Just hop on K-96 and get off on Maize Rd, or go north of 37th/Maize Rd.  It's grown right into the Wichita area, and is very near to great shopping at New Market Square and of course is most known here for its school system.  

Their incentives are limited to contracts signed by December 1st and are as follows:

"The city has put in place credits ranging from $2,000 to $6,000 on city water and sewer bills, but developers and builders say they will match that, said Deputy City Administrator Rebecca Bouska.

In effect, she said, homebuyers could get up to $6,000 off a lot, up to $6,000 off a house and up to $6,000 off their utilities for a house valued at over $500,000."

To read the full article about the credits, you can read it here at the Wichita Eagle's website or pick up your local copy of today's paper!

If you're thinking of buying a new home in these areas, drop me a line or start your home search below!