New Construction Up in Oswego, IL

//New Construction Up in Oswego, IL

New Construction Up in Oswego, IL

I attended the Village of Oswego’s quarterly HOA  gathering a few weeks ago and besides getting the latest information on what is happening in the Village I also found out that 45 building permits were issued last year for new construction homes.

I had noticed a couple of projects as I traveled throughout the village and I finally decided to stop at one of them near me.

West Point Builders, is building the Townes at Ashcroft Walk on Wooley Rd. down the street from the current fire department headquarters and the new police station that is currently being built.

We have seen a lot of land that had been originally vacant after the housing marked crashed in the late 2007’s-2008’s.  Builders stopped new construction and many projects were barely started or half finished.  Those same properties were sold back sometimes to the original sellers for less than they sold them for….great for some local farmers but not so good for the tax revenue in the county and city.

But it looks like the builders are coming back and buyers will have more choices for new construction homes.  West Point Builders will have luxury townhomes starting at $189,900 with 2 car garages and full basements.  The single family homes start at $294,900 for a 3 bedroom, 2 bath home with a 2 car garage.  Buyers will have a variety of models to choose from ranches to a variety of 2 story homes.  West Point Builders has been in business for over 60 years and are known for completing all their projects.

Another builder that is doing a project across the street is Cal-Atlantic  (now under Lennar Companies)  who is building in the Seasons of Southbury.  These also will be town homes and are planning for mid-2018.  You can get additional information on this and other new construction projects at https://www.newhomesdirectory.com/Chicago

Another great subdivision are the Estates of Fox Chase by K.Hovnanian  builders which features 4 different home styles up to 3,208 sq. ft.   In an established area close to downtown Oswego and shopping you will love its location.

As a former new home sales agent I have a firm understanding on the process that is involved in having a new home built from scratch.  Please remember that the sales agents that are in the builder’s office work for the builder and are there to “sell” their product.

Getting a buyer’s agent to come with you does not cost you anything and can help you make the right decisions on what upgrades are worth it and which ones are best left to future projects or to get installed after the home is completed to save you money.  Having an attorney to review the contract also is a prudent choice.  Most builders have their own preferred lenders that work with their clients but may not offer the best terms for you in the long run.

Doing your own due diligence will help you make the right decision whether you decide to build your own custom home or build a production home that can be a semi-custom process.

Questions?  Feel free to contact me at 630-251-0059 to start your search for the perfect new home!

 

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About the Author:

Managing Broker/Owner of Heart Realty Group in Oswego, IL. With over 25 years of experience in residential real estate in Aurora, Montgomery, Oswego, Naperville and surrounding towns. I am passionate about helping my clients achieve their real estate goals. Besides real estate I love technology, a good book and the beach!

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