L.R. Hill Custom Builders, Inc., is proud to announce record new home sales for 2012. We feel that this is the time to buy. We have kept our pricing consistent for the last several years, however, all indications are that prices will start to climb in 2013. According to our mortgage company, it is expected that 2013 will see the best mortgage rates ever which will mean that home buyers will receive record low mortgage rates on their financing.
L.R. Hill Custom Builders, Inc., is currently building in 3 different custom home levels in the Norfolk subdivision of East Beach with custom homes from the low $600′s. Our custom brick town homes which are priced from the mid $450′s offer up to 3,000 square feet for living area and a 2 car detached garage. The newest product is The Pleasant Row Beach Cottages priced from the uppers $470′s.
L. R. Hill Custom Builders, Inc., will be starting construction soon on three custom homes in the subdivision of Ashville Park in Virginia Beach. Check back next week with updated information on this exciting new development.
Heritage Park has been a wonderful subdivision for us. We here at L. R. Hill Custom Builders, Inc., have had the privilege of building over 65 beautiful homes in this location. We currently have the final 4 homes under construction in this subdivision; two that are available now and two that will be available for spring delivery. We are holding out one final lot for a custom home build. We have listed our model home for sale, located at 1968 Champion Circle, Virginia Beach., It is fully decorated and can be sold furnished or unfurnished. This home is beautiful and is priced to sell! Please call for details. The subdivision is located near the Sandbridge area of Virginia Beach and in close proximity to the Red Mill shopping area.
L.R. Hill Custom Builders, Inc., is proud to present the EVMS Charity House for the fall 2012 Homearama in East Beach, Norfolk, VA. All proceeds from the sale of this beautiful home will be donated to the Eastern Virginia Medical School. The support of the Hampton Roads Building Community has been wonderful. We have had many vendors and services donate materials and labor for this special cause. Check back for updates as the building of the magnificent home continues. This home is currently available for sale.
Great news! Virginia Beach is rated 2nd best city to live in the U.S.A. The following is a quote based on findings published in the Daily Finance, January, 2012:
“Virginia Beach is extremely prosperous, due in large part to the presence of several, major military bases in the area. It has the eighth-lowest rate of violent crime among major cities and a 6.1% unemployment rate. It also has the second-largest acreage of parkland per capita behind New Orleans, which has suffered huge population losses in recent years. Virginia Beach also has the highest numbers of playgrounds per capita in the country.”
L R Hill Custom Builders finished 2011 with leading sales in the 500’s – 700’s price range. Our town homes in East Beach have lead in the town home category.
We have also seen a renewed interest in larger homes with more luxury items; surely a sign that housing is stabilizing, maybe even growing stronger.
The Virginian Pilot reported that in 2011 foreclosures have dropped to the lowest level since 2005. This is down nearly 50% from 2010 and is based on year end data for 2010 & 2011. That will have positive effects for 2012.
Today we have 4 homes in Heritage Park, in Virginia Beach’s desirable Kellam School District, that are either ready now or will be ready in 30 days. They are priced from $529,900 to $609,900. I do not expect them to last long, so if you need a house quickly we always have available inventory in the 500 and up range.
In East Beach, we have one home nearing completion that is located about 400 feet from the beach. Also, our town homes should be available for a summer closing. These normally sell before completion and offer up to 3,000 sq ft of living area with 2 car detached garage with available guest room/Mother-in-law suite above. They are all brick and only 2 blocks from the beach or 3 blocks to several marinas capable of housing any boat or yacht; and very important they are full ownership properties, not condos.
In East Beach the Carlisle IV is sold out. We sold three town homes in one weekend! The Carlisle V is now released for sale and we have already sold one of the five units. We only have one end unit, with a view of the bay, available and three interior units. We now have one cottage available and one house available. The house on lot 5-10 is only 400-500 ft from the bay and is priced to sell at $599,900.
In Heritage Park our custom homes are selling briskly with ten homes sold this year. We have one lake lot available, so act quickly; this is the last opportunity to own a lake front home in heritage Park. We have several models under construction for quick delivery.
July has been a record sales month in Heritage Park. We still have a nice lot selection with 17 of 252 lots remaining. The big news is we now only have two lake lots remaining. We are offering them for only a $5,000 premium over our standard lots.
We have just stated two new inventory homes; we have a Westminster 3500 and a Woodbridge model, both of which could be ready for Thanksgiving, if you act now. If you need a new home in time for school, we have a Matthews model nearing completion. We also have a Richmond model that will be ready in time for Halloween.
These new, custom homes are located in the new home community of Heritage Park in Virginia Beach, Virginia.
In East Beach we have one cottage nearing completion that could be ready for the school year with great marina views. The Carlisle IV only has two units remaining. The are just being completed now and won’t last long. East Beach is a new, custom home community located on the beach in Norfolk, Virginia.
L R Hill Custom Builders, Inc. strives to maintain ready to move into inventory. We are in the confident position of always maintaining fresh inventory of ready to move into homes. Our new home inventory in Heritage Park and at East Beach, generally turns over twice per year. To our buyers that means you can always be within 30 days of moving into a brand new custom home.
Need a new home quickly? Why settle for a USED home when you can have NEW house to move into within 30 days or less? At Heritage Park we build our 5 most popular models for quick delivery. At East Beach we have a single family cottage and a completed town home ready for move in. So please check with us first and last for your new home in Virginia Beach or East Beach in Norfolk. Of course we build new custom homes in Chesapeake, Suffolk and Portsmouth, Virginia. In fact, we even have a few lots in Wellington Estates which is located in the quaint town of Smithfield, Virginia, where you could build your dream home.
L R Hill Custom Builders, Inc. strives to maintain ready to move into inventory. We are in the confident position of always maintaining fresh inventory of ready to move into homes. Our new home inventory in Heritage Park, generally turns over twice per year. To our buyers that means you can always be within 30 days of moving into a brand new custom home.
Need a new home quickly? Why settle for a USED home when you can have a NEW house to move into within 30 days or less? At Heritage Park we build our 5 most popular models for quick delivery. So please check with us first and last for your new home in Virginia Beach or East Beach in Norfolk. Of course we build new custom homes in Chesapeake, Suffolk and Portsmouth, Virginia. In fact, we even have a few lots in Wellington Estates which is located in the quaint town of Smithfield, Virginia, where you could build your dream home.
Our community that boasts our beautiful beach homes, cottages and townhomes was featured in Coastal Living Magazine as 2011 Ultimate Beach House Living! Be sure to check out the article here:
Please check out Virginia Beach’s newest community, Heritage Park. Heritage Park is a beautifully designed private community featuring custom brick homes by L.R. Hill. The north-east end of the premises includes a large horse stable, EquiKids. Heritage Park is a few miles from Sandbridge ocean beach and community. There are plenty of open spaces and there are 7 lakes surrounding the area! View the video below to get a virtual tour!
