Becoming a SoCal homeowner of a brand new home is possible and affordable.
This year we will continue to see growth in real estate values paired with an inventory shortage. That's why brand new home construction projects are always welcome and exciting news. This year we are seeing developments not far off the beaten path of the most desirable areas of SoCal. Read below for three of our favorite developments to look out for:
1. The District- Allura, Northridge CA
If you are looking for a chic and sleek townhome in Los Angeles but are working with a budget, look no further. The Allura, a collection of brand-new townhomes featuring 2 to 3 bedrooms and 2.5 baths, is currently being built to join the rest of the modern residences in this stylish community. Although the complex is not located right in the heart of LA, it is walking distance to excellent shopping, dining and entertainment venues and is right next to the 118 and 405 freeways for a quick 25 minute commute to the west side and Hollywood, (outside of rush hour of course). However, with little local traffic and a gorgeous pool with clubhouse, we think you might want to stay home as much as possible.
Square footage is 1,255-1,692 with prices starting at the mid $400,00's, (wow). Construction is planned for the next 2 years.
We have solid relationships with this development. Contact us to get on their priority list!
2. Seabluff Residences, Playa Vista CA
The New Home company has begun construction on the it's Seabluff residences and is currently hosting a new informational sales gallery. Seabluff will be the last master residence of attached homes to be built in the prestigious "Silicon Beach" Playa Vista community. This modern open floor plan build will feature 75 contemporary townhomes and stylish flats ranging from 1,102 - 2,223 sqft., with up to 3 bedrooms, as well as six controlled price units that will be set aside for employees that serve the local community. Homes are expected to be available late this year and will start at the low $900,000's. We suggest interested buyers act fast being that this part of town rarely offers new home construction opportunities like this! We are on their VIP list. Contact us for more info.
3. The Estates at Canyon Grove, Escondido CA
Shea homes doesn't disappoint with their new project at Canyon Grove. Escondido has quickly become a hot spot for young families and first time home buyers with it's close proximity to all that North County San Diego has to offer and quick routes to metropolitan areas. The Estates at Canyon grove feature gorgeous single family homes with 4 floor plans from 2,894-4,115 sqft and 3-5 bedrooms. Lot sizes are substantial and the community will feature 82 resource efficient homes making it a family friendly community. Priced from the low $700,000's, FHA and VA approved, and 29 more homes expected to be released over the next year. Contact us for more info.
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