There are some great deals out there right now on new construction along the MS Gulf Coast! With competition in the building indusrtry getting more and more fierce in the area due largely in part by the lack of developed property, we have seen a big reduction in new construction pricing along with an increase in standard features that we haven't seen in a long time (if not ever) in the $120k-$200K price range. For the last five years after Hurricane Katrina, the building industry has been able to really scale down standard features and increase pricing due to the demand for housing. Well, the good news for the consumer is those days are over! There are not nearly as many developed subdivisions in the area as there were immidiately following Katrina. At the time, with such a strong demand for housing, developers were able to sell average sized lots to builders ranging from $35K-$45K each. Prior to Katrina, the average lot cost to a builder was between $20K-$30K for the same lots. This, along with increased costs in building materials and basic demand for new construction, was the initial platform that triggered the dramatic spike in pricing immediately following the devestating storm. We saw the price per square foot (ppsf) increase almost over night from approx $100/sf to in some cases $120-$125/sqft on homes ranging in size from 1100 sf - 1600 sqft and really not offering much in the way of upgrades. Well, today the average lot cost has droped about signifigantly to about $30-$32K on average. This has allowed some builders to be a little less frugle with upgrades. We are seeing a pretty steady flow of traffic in new construction at the current time and I would like to point out a few of my current top 5 list of builders/subdivisions (in no particular order) that are getting back to the business of giving the customer what they want at a price they can afford. In these subdivisions the named builders are really offering something special to the consumer as far as standard features as well as quality craftsmanship and ultimately pricing.
- Breland Homes Subdivisions: 1.Palm Ridge in D'Iberville/N. Biloxi, 2. Hunter's Chase in Orange Grove/N. Gulfport, 3. Meadowbrook in Lyman/N. Gulfport 4. Lake Forest in St. Martin/N. Ocean Springs
Brealand Homes is offering 4 sided brick homes with upgraded standard features such as 9 ft ceilings, real wood foyers, custom soft closed cabinets, Energy Star rated homes, security prewire, and much more from $139,900 (Features may vary from subdivision to subdivision)
- Westin Homes Subdivisions in 1. Palm Ridge in D'Iberville/N. Biloxi, 2. Edgewood in Saucier
Westin Homes is offering 4 sided brick homes featuring high ceilings, custom cabinets, granite countertops, ceramic tile flooring, custom wood doors, and much more starting at $139,900 ( Features may vary from subdivision to subdivision)
Platinum homes is offering 4 sided brick homes standard with custom cabinets, cedar beam accents, arched walkways, granite countertops, 5 1/4 base boards, 4 1/4 crown, stainless steel appliances, and much more starting at $129,900 (Features may vary from subdivision to subdivision)
- The Home Team Subdivisions 1. Hidden Oaks in Orange Grove/N. Gulfport 2. Oakberry Gardens in Lyman/N. Gulfport, 3.Old Towne Gardens in Long Beach, 4. Stone Gate in Stone County
The Home Team is offering custom homes and townhomes with custom features to include, custom cabinets, designer colors, custom floorplans, granite countertops, and much more starting at $114,900. (Features may vary from subdivision to subdivision)
- DSLD Subdivisions 1. Belvedere Place in Lyman/N. Gulfport 2. Roxbury Place in Orange Grove/N. Gulfport
DSLD is offering 3-4 sided brick homes with standards to include custom wood shelving, ceramic tile countertops/flooring, custom fixtures, fenced yards, and much more starting at $139,900 (Features may vary from subdivision to subdivision)
- For more dtails on any of these great local builders or the homes they are offering please contact me at
(228)424-8442 or visit me on the web at www.BobbyWantland.com
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