home towneNew Home Communities
New Homes & NeighborhoodsDISCOVER
NORTH CAROLINA
THE ARRAY AT BENNETTS CREEK QUARTER
CEDAR POINT
CHESAPEAKE BEACH
FOST
FOST ESTATES
JADEN PLACE
THE LANDINGS AT BENNETT’S CREEK
NORTH RIVER CROSSING
PLANTERS STATION
QUARTERPATH AT TUTTER’S POND
THE RESERVE AT CEDAR POINT
RETREAT AT HARBOUR COVE
RETREAT AT WESTERN BRANCH
RIVER HIGHLANDS
SOUTH MILLS
SPRINGWELL AT GODWIN PARK
STONEY CREEK
THE VINEYARDS AT HALSTEAD RESERVE
TALKING REAL ESTATE
Smaller New Homes: A Cost-Effective Trend
Rising home prices and borrowing costs are making large homes less affordable, leading to a trend of smaller new homes. After years of increasing sizes, buyers might need to adjust to homes with less square footage and fewer rooms— but this shift could be beneficial.
For the first time, new homes are cheaper than pre-owned homes by $3.50 per square foot. Not only would you save money, but you won’t have remodeling costs for years to come, not to mention that the home will be move-in ready.
Other good news is that more homes are being built in the affordable range between $200,000 and $350,000 which is saying a lot, considering that the latest national median home price was $439,950 in July 2024. According to the U.S. Census Bureau, new single-family homes had a median 2,140 sq. ft. in Q1-2024—that’s 116 square feet smaller than the median new home size in 2023.
Smaller homes also offer economic benefits, including lower utility and insurance costs, as well as easier maintenance.
Questions? Let us know! We’d love to hear from you.
WILLOW BEND AT HILLPOINT
CHESAPEAKE New Homes
SUFFOLK New Homes
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Welcome to Stoney Creek, now open in Southern Chesapeake, the perfect community for those seeking a calm and comfortable place to live. Conveniently located near the 168 bypass, you’ll have easy access to the Hampton Roads area and Northeast North Carolina, along with shopping and entertainment in the Edinburgh and Greenbrier areas.
We offer a variety of single-family homes, including one and two-story options and designs for multi-generational living. Experience modern designs with high-quality craftsmanship and customizable features to match your style.
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