Young, old finding smaller is better

Real Estate
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Young, old finding smaller is better

Real Estate
Share this Post

The developer

has also been working hard on the property's amenities, as a new clubhouse

has been built and the existing pool has been redecked. There is also

a great deal of new landscaping and fencing, as well as new park benches

facing Jeff Davis Blvd., and the exercise facility should be open within

a few weeks.

These homes

are appealing to first-time buyers as well as empty nesters and even some

people who are now making a second home in Fayette, according to a spokesperson

for the community. First-time buyer financing is available.

After the redevelopment

of the existing buildings is completed and all of those units are sold,

a total of 28 new units are scheduled to be built. The new homes will

be a combination of flats and townhomes, with the numbers depending upon

the needs of the community.

Another option

for downsizing homeowners is coming together on the other side of Fayetteville,

at The Villages. The first townhome sale has just closed on that property,

next to the city's new amphitheater and Fayette County High School. Eleven

townhomes are now complete, with seven more under construction. A total

of 30 will be in the community when all are completed, at prices from

$199,900 to the $230's.

Detached cluster

homes are also in the plan, with 10 finished so far and 173 planned for

the total development, to be built out in the next 2-4 years. Most of

these will be turn-of-the-century style homes with alleyways, from the

mid-230's to $350,000 and up.

The Villages

development was conceived as a place that would mix residential, office

and commercial uses so that residents can live, work and play within their

own neighborhood. Homeowners will be able to leave their cars in their

garages and walk to a wide variety of activities from the neighborhood

itself to the Fayetteville square.

The homes in

The Villages are appealing to divorced people coming out of larger homes,

some looking to be in homes by themselves for the first time, as well

as younger homeowners. The idea of having lawn maintenance included in

the overall ownership package is also a big sell.

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