Johnstown's newest development has started selling
A new development in Johnstown has started selling. This D.R. Horton neighborhood will be close to new schools with local restaurants and amenities just a short drive away. It is a fantastic location to call home.
Mallard Ridge - What we know so far
If you have driven down Highway 60 in Johnstown, you have likely seen Johnstown’s newest development has started selling. D.R. Horton broke ground at Mallard Ridge in the late fall of 2020 and already has model homes open for browsing.
Mallard Ridge sits on the southeast corner of Hwy 60 and Colorado Blvd. With nine floorplans ranging from 1,635 – 2,718 sq. ft., D.R. Horton has both two-story and ranch-style homes available. The community plans 260 single-family lots complete with parks and walking/biking trails.
I-25 is a quick 2-mile drive and then off to Johnstown Plaza, Loveland, Greeley, Fort Collins, and Denver for all your shopping and entertainment needs.
District RE-5J to Build New Schools near Mallard Ridge
Residents of Mallard Ridge will not only be getting a new home but also new schools close by. Directly west of Mallard Ridge is the existing neighborhood of Clearview. The good news for residents in this part of Johnstown is the Weld RE-5J school district will soon begin building a new elementary school, Elwell Elementary, set to break ground this summer. Elwell Elementary will open its doors to students in the fall of 2022.
In addition to the new elementary, Weld RE-5J also plans to break ground soon on a replacement building for Roosevelt High School. The high school site sits southwest of Mallard Ridge and plans to open with the graduating class of 2024.
Is New Construction a Good Buy?
New construction is a great way to buy. Home maintenance is significantly lower and you have the peace of mind knowing you are the only person that has lived in the home. You can be confident all systems are new, energy-efficient, and under warranty.
Buyers will want to be aware of the upgrades. You may want a third bay for your garage, different flooring, cabinets, or countertops. Perhaps some appliances and blinds? Upgrades and add-ons can significantly raise the price of the home. The builder may offer incentives or discounts on certain items, but additions will often affect the price of the home.
As with any home, there are also costs to consider after closing, but especially with a new build. Building a home may not include, or it may be more cost-effective to purchase some items separate from the construction contract. Items to consider are appliances, landscaping, and fencing.
Should You Use a Realtor with New Construction?
Can you walk into the model home and sign a contract with the builder? Yes, and a lot of people do. But it is to your advantage to have a professional Realtor representing you. A builder Realtor is contractually there to represent the builder and their interests, not yours. A professional Realtor working for you does not change the price of the home nor will being unrepresented lower the cost of your home. New construction builders include realtor costs in the base price of a home. With an experienced Realtor representing you, you’ll know your financial interests are represented and protected.
If you are considering buying a new construction home, contact me, and let’s discuss your situation and the current market. I will set you up for success, alleviate stress, and lead you through every step of the home buying process.
I’m here to represent you and your best interests. If you have questions or want to discuss the Northern Colorado market and how it affects you, reach out to me today. I would love to hear from you and am always available to answer questions and discuss my home Northern Colorado market with you.