Quote:
Originally Posted by Robbb
I maybe in the market for a new home, are you seeing those prices decline? I have not seen that but could be wrong. The problem I see with the new homes is there is nothing around them to go to without a long golf cart ride. Richmond is perfect but its all rentals.
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Richmond is not ALL rentals, though higher in rental properties compared to some of the other newer villages, because of it’s proximity to Brownwood - will be interesting to see how many of the investments properties in Richmond will come on the market at the one-year-mark (Nov-Dec-Jan), and may flip to resident-owners.
The developer also is busy moving dirt on the east side of Meggison, and beginning to lay the groundwork for the final construction of Richmond homes (approx 85 new homes) — expect those to sell like “hotcakes”.