Buying a home………..makes financial sense.

July 21, 2010

According to many financial and investment advisors, buying a new home in a neighborhood with good schools makes smart real estate investment sense—even if you don’t have school-age children. Of course, if you do have kids in elementary, middle, or high school, considering the schools rankings in communities where you are thinking of buying a new home is a natural. But for those who don’t think the schools near your new home matter, think again. Because while you may believe now that you’ll live in your new home for many years, if you do decide to move for whatever reason, you’ll need to sell that home. And homes that exist in strong school districts are at the top of the list of “musts” for homebuyers with children, and as a result, you will increase your property value simply by originally buying that new home near good schools.

Here in the Bryan and College Station areas, as part of the economic growth and development, new schools are popping up across the communities’ landscapes. In the next two years, 2011-2012, the new schools of Greens Prairie Elementary and The College Station High School will be opening their doors to students in College Station. In 2008, James Earl Rudder High School opened its brand new facility to about 600 ninth and tenth graders and expects to have about 1,250 students in grades 9-12 enrolled by 2012. Those living in Bryan now reap the benefits of this new school.

At Stylecraft Builders, we plan and develop communities with school districts in mind, because we know this is a top priority for new homebuyers. The Sienna community in Bryan, complete with community playground and pool, and close to shopping and local parks, makes owning a new home in this area affordable and convenient. Similarly, the Creek Meadows community right next door to the new schools in College Station offers the same benefits. Now all you need to do is choose which community is right for your family! Email us and we’ll help you find your new dream home today.

Stylecraft Builders – Central Texas’ New Home Builder

Save on dorm fees or apartment rent by buying a new home.

April 28, 2010

If you are a parent of a student heading off to college next fall for the first time, did you know that in the course of your child’s college career, you (or your student) will pay somewhere between $30,000-$50,000 in dorm fees and/or monthly rent for an apartment? When students head off to college, it’s natural to think about tuition and books. Sometimes room and board is a given because students are required to live on campus. But what if it isn’t? Paying upwards of $1,500 a month during an academic year for rent is simply throwing money away. You will never recoup the month to month rent or dorm fees. But you could. At Stylecraft Builders, we are experiencing an emerging trend in our area where parents are investing in a second home—a new home—where their college age children will live for the four to five years that they are in school. Instead of spending money on rent each month, they are investing it in a new home. Whether they choose to have their child pay a portion of “monthly rent” to begin to understand the value of money and hard work or not, they have found a creative way to invest their money, so that once their child graduates, they can sell the new home (which will only be about five years old) at a higher price than what they paid for it, and reap the benefits of the equity in the home as well. It’s an interesting investment concept and one that seems to be working. Why not pay yourself instead of a landlord? Chances are, your mortgage payment on the new home will be about the same as or even a bit less than paying monthly rent for some rundown, cramped college town apartment. You can use also use this as an opportunity to teach your young adult about the power of investing in real estate. It’s a win-win all around.

Stylecraft Builders – Central Texas’ New Home Builder

Why Buying a New Home is an Excellent Investment Opportunity.

February 25, 2010

Big ticket purchases can either increase or decrease in value over time. Take, for instance, buying a new car – one of the worst investment opportunities. A buyer may purchase a new car for $35,000 and drive it right off the lot, feeling pretty good about their investment, lured into a trance, perhaps by that new-car smell. After all, he received a 3-year, 36,000-mile warranty and a 7-year, 100,000-mile engine guarantee. To the buyer, this equates to no repair bills for at least the next three years, compared to possible headaches and necessary repairs if he had purchased a used model. But what about the resale value? Some cars may depreciate as much as 35% the minute they are driven off the lot.

Buying a new home versus a “trade-in” provides buyers with an excellent investment opportunity. Unlike new cars, new homes appreciate over time. Buying a new home makes good business sense. Buyers have the ability to work with builders during the construction phase to include upgrades and landscaping that will increase the value of the home over the long-term. In the future, homeowners may be able to sell their investments for more than $50,000 over its original value. Appreciation will vary, depending on how long the buyer plans to live in the new home before selling. But for example, a home we built for a new homeowner 10 years ago just went on the market and sold for twice its value from a decade ago. When it comes real estate investment, it’s clear that buying a new home makes smart business sense.