No where do you need to travel to see a change in the housing economy than in Oldham County, Kentucky. The Hillcrest subdivision in Prospect comes to mind as a luxury subdivision with homes that are both active and SELLING. There are 5 pending sales as I write this and there have been 34 completed sales in the last year. In this price range, you expect to see many homes on the market for a long time, but 9 were on the market less than a month. Hillcrest homes start in the $400,000 range and some are up to 10 years old. You will also find new construction that sell in excess of $800,000.
There are many factors attributed to these home sales, not the least of which is the strength of the Oldham County School System. Oldham County Schools are award winning and highly regarded in KY and a model for which other communities strive to master.
Some people would consider these executive homes as most of the homeowners commute to Louisville for their work, but love the slower lifestyle in Oldham County. There is room to spread out in Oldham County with several golf courses and country clubs close to Hillcrest.
Hillcrest amenities would include the clubhouse, swimming pool, tennis courts, and a playground. In addition, Hillcrest HOA fees also cover garbage pickup.
Expect to see finished basements in all of these homes, with several focused on entertaining. Other basements have exercise rooms or more bedrooms for guests or the teenager. Kitchens are meant for the gourmet chef and granite countertops would be the norm. The Master Suites are meant to pamper the owners and many have a separate reading area as well. The landscaping is ornate which requires plenty of water in the summer with an irrigation system.
If you have other questions about Hillcrest, contact Steve Dobbs with The Hollinden Team in Louisville KY. Please visit Prospect Homes for sale at Hillcrest to see the current listings available.
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