This New, Garden Home Floorplan is a beautiful upgraded courtyard style garden home with 1,895 square feet of living area, three bedrooms – plus a computer room and two baths. High ceilings throughout with abundant crown molding, all hard surface wood floors and 8’ tall doors. Sloped kitchen ceiling with exposed wood beams. Private brick wall enclosed French Quarter-style courtyard with brick entrance sidewalk, and both an uncovered and brick-floored, covered patio. Huge, open, walk-in tile shower in the master bath.
Priced in the Low $300’s.
Other Two Bedroom and Three Bedroom Floorplan Designs Are Available to Build Your Custom Home on One of the Few Remaining Garden Home Lots Priced From the $270’s Up to the Mid-$400’s.
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From a survey conducted every 2 years by the National Association of Homes Builders (NAHB), builders and Realtors can learn and understand what the “average home buyer” wants in the home that they are buying. This survey is very important in detailing a buyer’s reasons to buy a home. From a broad perspective, the survey indicated that over 55% of home buyers would prefer to buy a new home vs. a pre-existing home, but the actual percentage of home buyers buying new homes was only 11% from 2011 – 2013. However ,this 11% was actually a 3% increase from 2008 when only 8% of home buyer bought a new home.
Size, floorplan, price and neighborhood scored in the top 70th percentile as reasons to buy a home by home buyers surveyed by the NAHB with the aesthetics and safety playing an important role in the decision to buy in a certain neighborhood. In St. Tammany Parish, Bedico Creek Preserve offers a master planned community in Madisonville that scores highly on not only beautiful homes and an almost completely safe neighborhood location, but also, with 10 Neighborhoods within the subdivision from which to choose, new home buyers also get to enjoy lots of variety in choosing not only a house to buy but also a lot location on which to build a new, custom home, if desired.
The NAHB also said that good schools tended to be important to new home buyers especially. Madisonville, Louisiana, boasts the best school district in St. Tammany Parish which already scores as one of the best school districts in the state. Many home buyers’ reasons to buy a home in Bedico Creek is because of its excellent school district.
Another important factor found in the survey was that buyers of new homes valued quality construction especially when using a builder to build them a new home. The construction, durability, and beauty of the home was extremely important to them. In Bedico Creek, we have 14 new home builders that are available for a consultation on either building a new home on a lot purchased in our community or buying a new home built by our quality builders in St. Tammany Parish.
According the National Association of Home Builders, Bedico Creek Preserve scores highly across the board for all of the features that are important to new home buyers which is probably why the homes and lots in our new subdivision are selling out so quickly. Don’t miss your opportunity to own a new home in the fastest growing master planned community in St. Tammany Parish! Contact Us at 985-845-4200 or E-mail Info@LiveBedico.com.
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According to a study done by Zillow.com, the only way student debt can negatively impact young professionals interested in starting a family and “settling down” to buy their first home is if that debt is combined with no degree at all. According to the study, student debt is not an obstacle to homeownership with those students who finished with a bachelor’s degree or higher for the amount of debt they acquired. Home buyers that are college graduates and never had to take on student loans have a higher chance (70%) of becoming a homeowner than home buyers that have student debt and at least a bachelor’s college degree, but not by much – the statistic only drops to 66% for these types of buyers.
Because of the Recession and the lack of jobs for college graduates upon completing college, many young people did not get married and start a family right away, so household formation was also a considering factor in the study done by Zillow.com. The study seemed to indicate that people were waiting until their 30’s to have children, and the study included those couples that had actually started a family with at least one child.
High rents were also a factor as being a deterrent for young professionals to be able to buy a home. The payment of higher rent made it impossible for them to get the larger down payment together upon trying to get financing for a conventional mortgage. The FHA just recently reduced the percentage of down payment required for both FHA and Rural Development loans, so this factor will not be as pertinent moving forward.
The truth about young professionals becoming homeowners is that student debt is not an obstacle to homeownership, and the possession of a bachelor’s degree or higher and the acquisition of a good job after college has made it possible for these students to be able to buy a new or pre-existing home upon graduation (or later). This is good news for the housing market as one more positive sign that the real estate market is moving in the upwards direction.
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