Building Your Dream Home Without the Bidding War | Buying Local #90

00;00;00;00 – 00;00;15;23
Speaker 1
Welcome, everyone, to buying local. I’m your host, Mike Nelson from Five Towers Media. Joined today by some real estate agents from Sterling Real Estate Group. Sarah Biderman and Michael Caruso. Welcome, guys. How are you?

00;00;15;25 – 00;00;18;03
Speaker 2
Good. Thank you for having me here.

00;00;18;06 – 00;00;35;12
Speaker 1
Yeah, yeah. So, I, you know, we’re going to get into obviously some of the things that we’re seeing right now in real estate. We’re going to talk about, some developments that you guys are working on and that you’ve got available. Man. But before we do that, we should probably talk a little bit about you guys and who you are.

00;00;35;12 – 00;00;45;09
Speaker 1
And, so maybe, Sarah, we’ll we’ll start with you if you like. If you want to just kind of give us a little rundown about, you know, who you are and what you do over at Sterling.

00;00;45;11 – 00;01;09;13
Speaker 2
Yeah. Thank you so much, Mike. Yeah. So I am a real estate agent here at Sterling. And I’m one of the site coordinators, or Aspen Hills, which is our lovely construction development in Johnstown. Michael and I do that together. And then I also on the site coordinator for Code Hollow, which is another, community. We have y’all into Lansing and Schenectady County.

00;01;09;13 – 00;01;27;15
Speaker 2
So, and then I, of course, have my buyers and sellers, so, God willing, a little bit. But it’s really, you know, just to see how much, you know, goes on during the day. And, it’s been really great, you know, learning the new construction aspect that just being able to, you know, grow our communities in different areas.

00;01;27;17 – 00;01;37;06
Speaker 1
Yeah. And, I’ve got some follow up questions for Sarah. But first, let’s let Mike introduce himself. Michael, tell us a little bit about yourself.

00;01;37;09 – 00;02;01;05
Speaker 3
Yeah. So I am also a agent at Sterling Music Group. Coming up on my third year, you know, I really started with the, new construction space. I also, I’m an account executive at your Billy Combs merch. A at the factory right now. But. Yeah, as vinyls. I’m also a site coordinator over there as well.

00;02;01;09 – 00;02;11;29
Speaker 3
So, myself and Sarah, call us in the community, and. Yeah. And it’s it’s been a lot of fun. We’re excited, about what’s to come with it as well.

00;02;12;01 – 00;02;17;12
Speaker 1
Yeah. Sounds like the two of you like to stay busy with all the things you guys are. Yeah, I’m going on right now.

00;02;17;15 – 00;02;19;25
Speaker 2
You never know.

00;02;19;27 – 00;02;40;18
Speaker 1
Never get bored. Never getting bored. I curious to hear a little bit about, you know, like Mike, you said you’ve been in real estate for three years. Sarah, you didn’t say how long you’ve been in, but I’d love to know, you know, kind of what drew you to real estate and also what drew you to Sterling in particular?

00;02;40;20 – 00;03;03;10
Speaker 2
Yeah. You know, I’ve actually only been a real estate agent for a little over a year now. And, when I was, you know, when you, when you get your license, you know, one of the things they, they tell you, okay, you got to look at different brokerages in the area, instead of, like, a typical, thing where the, you know, employer is interviewing you, you’re you’re on the opposite end.

00;03;03;10 – 00;03;26;21
Speaker 2
You actually get to go in and, and speak with the different brokers and interview them and see, you know, if you think, you know, you want to be a part of it. So it’s kind of a interesting how it switches like that. And, so I interviewed a few different brokerages, but what I loved about Sterling in particular, was just the amount of support and resources that they were able to offer her.

00;03;26;21 – 00;03;47;02
Speaker 2
And I just to me, it felt like a very family, you know, close knit, you know, just studying. And I really appreciated about that. With just everything else that they had to offer it. So, how they regretted my decision since joining and is, just for that incredible journey since then.

00;03;47;05 – 00;03;51;13
Speaker 1
That’s awesome. Michael, how about you? What? What pulled you into real estate and and.

00;03;51;13 – 00;04;14;15
Speaker 3
How do you. So I, I was moving from another, another industry. And really, just to piggyback on what there, just talk about, the the of alchemy with open arms. The sport’s always been there since I’ve been there. And, you know, the opportunities been great subjects for the team, was really special over there.

00;04;14;16 – 00;04;20;11
Speaker 3
It really is almost like a family. Which it again, it’s it’s just been great.

00;04;20;13 – 00;04;25;11
Speaker 1
Yeah. And, have you always been at Sterling since you got your license or.

00;04;25;13 – 00;04;26;29
Speaker 3
I’ve always wanted Sterling. Yes.

00;04;27;06 – 00;04;51;08
Speaker 1
Let’s go there. So three years. They must be doing something right, Michael? Yeah. Keep you there for three years. Yeah. So let’s talk a little about the real estate. You guys are focusing on new construction. And, you know, I mean, obviously, we all hear things and read things all the time about what’s going on in real estate and, you know, housing prices and all that fun stuff.

00;04;51;15 – 00;05;01;23
Speaker 1
Well, what can you tell us about what’s happening right now? What’s the what’s the state of the state of the state of the state right now when it comes to, real estate and what you guys are seeing.

00;05;01;25 – 00;05;20;15
Speaker 2
You know, it’s funny, we were just, getting on a call with another agent, and we’re talking about new construction, and, you know, we’re in a kind of a very slow phase right now, usually towards the end of summer and everything starts falling down. People are, you know, way on vacation. Kids are in summer camps. You know, we’re thinking about back to school.

00;05;20;15 – 00;05;41;28
Speaker 2
So, you know, so strong, you know, market. But things that, you know, listings and stuff like that have definitely slowed down. So, September, we’re going to definitely see that starting to pick up again because they’re going to be back as school people are getting back into the schools, thinking about getting into their new home before the holidays, you know, whatever it may be.

00;05;41;28 – 00;05;59;19
Speaker 2
Relocating for new job. So we’re expecting to see both in new construction and just regular, you know, buyer seller market that things are going to start picking up again and over the next couple of weeks, I don’t know if you have anything else to add to that, Michael, but that’s kind of what we’re seeing right now.

00;05;59;21 – 00;06;01;06
Speaker 1
Yeah.

00;06;01;08 – 00;06;20;26
Speaker 3
Yeah. It’s a I mean, exactly. Right. You mean just to open Sarah was saying, we anticipate being picking up a little bit here, you know, going into the fall. You know, the announces start of its school year and, yeah, it’s I think I think we’ll definitely see a lot more, opportunity in that way.

00;06;20;29 – 00;06;21;17
Speaker 3
Pick out.

00;06;21;19 – 00;06;42;09
Speaker 1
Yeah, yeah, I, I know we’re going to get in and talk specifically about the developments that you guys are site coordinators on currently and working on. But before we do, though, I, I’m just, I love to hear about because I’ve never built a house. So like, I don’t know what new construction feels like from a purchasing side or even from a selling side, for that matter.

00;06;42;09 – 00;07;01;17
Speaker 1
But, what what does the process typically look like? Are are you guys in developments where why am I let’s, let’s let’s answer that question first. And rather than having me ask you multiple questions at once, what does that process typically look like for folks that are doing a new construction build or buying new construction?

00;07;01;20 – 00;07;23;12
Speaker 3
Yeah. So first, you know, so, you know, visit out to the site, just to take a look at a feel. And then really after that, you know, taking a look at what floor plan, you know, my my work best for you. And then after that, you know, once you my in the floor plan, you know, that that that works out for, for for what?

00;07;23;12 – 00;07;40;09
Speaker 3
Your, you know, your new home is, is going to look like, then then at that point, you know, you reserved all our home site, from there, you know, from a contract and, you know, eventually, construction. So, so that’s, I mean, in front of a.

00;07;40;12 – 00;07;42;18
Speaker 1
More.

00;07;42;21 – 00;07;47;09
Speaker 3
Narrow down, you know, I guess, point, view. Yeah. Yeah. The broad.

00;07;47;09 – 00;07;48;13
Speaker 1
Strokes.

00;07;48;15 – 00;07;49;10
Speaker 3
Yeah.

00;07;49;12 – 00;08;10;17
Speaker 2
It’s one of the things that we’re, you know, really highlighting, especially to buyers, buyers, agents, you know, other real estate agents who are trying to help their buyers, you know, figure out, do they want new construction? Do they want a home already built? One of the great things about new construction is that you pick your home site. There’s no other competition.

00;08;10;17 – 00;08;33;22
Speaker 2
And instead of constantly getting outbid by all these other competitive buyers who, you know, we saw in the spring market, it was incredible. You know, people were, you know, offering 30, 40, 50 grand over asking just to get their offer accepted. And, you know, I wish, but I know a lot of us have the ethics, stress, you know, to work with.

00;08;33;25 – 00;09;02;19
Speaker 2
And so we can say, look, you know, you are getting to where you want your dream home to be built. And once that reservation is, you know, signed, that is yours to keep. You don’t have to worry about someone else coming in and snatching up. You know what you have reserved. And so that’s a huge factor. You know, we’re only starting to, you know, share that with people as we enter into our fall market.

00;09;02;19 – 00;09;29;05
Speaker 2
Like we’re maybe worried and tired of looking and, you know, not, you know, getting their offer, you know, accepted. It’s very tiring. It’s very discouraging. And so this is a great way where people can kind of actually, you know, have the option to customize what they want to, that they’re not getting in an already built home. And what makes the lake so unique is we’re not a typical stick builder.

00;09;29;06 – 00;09;51;25
Speaker 2
Michael can definitely get into that more. But we’re modular homes. Our homes are built in a factory controlled environment, and we’re able to typically get a home done with a, you know, 6 to 8 months, which is a lot faster than every other new construction builder in the area. So have a lot of great incentives for these buyers.

00;09;51;27 – 00;10;08;29
Speaker 1
Yeah. It’s interesting. And you say that I, I’ve had conversations with someone recently that sold their house, and they sold it for $50,000 more than asking. And they were like, yeah, it was like it was wild, you know, like there was multiple people that we’re putting in offers, and we sold it for more than we listed it for.

00;10;08;29 – 00;10;30;21
Speaker 1
And I was like, wow, that’s crazy. And then on the flip side, I have a friend that is trying to buy a home and same thing. They’re like, every time I turn around, we’re putting an offer in and we’re getting outbid. And so what I hear you saying is that like from, the new construction with the developments that you guys have, is that a lot of that competition is really removed for the buyer.

00;10;30;21 – 00;10;35;05
Speaker 1
And so it’s you’re you’re going to get a house, you’re gonna.

00;10;35;07 – 00;10;36;12
Speaker 2
You’re guaranteed.

00;10;36;14 – 00;10;37;28
Speaker 1
Yeah.

00;10;38;00 – 00;11;04;01
Speaker 3
Yeah. I think, it’d be a good word to use. This is predictable. Yeah. Especially when you if it’s something like this and I mean, even we’ll, we’ll get into it. But I mean, even the construction, modular construction. Again, I’m, I’m going to use words like predictable, efficient. You know, like Sarah mentioned, the built in a plant control factory and protecting them, the Onyx.

00;11;04;03 – 00;11;29;11
Speaker 3
There is a quality control for the lumber. There is a, you know, before your your new home gets put into production. Not only does in your state engineer, but a third party engineering company, New York state. And your engineer will steal the plan. Third party engineering company will stamp land, wedding building owners now. Okay, there’s, no need for any more calculations.

00;11;29;11 – 00;11;49;19
Speaker 3
Let’s say in the trusses, or on the wall, you know. So, these are the type of things that I think, they’re using the word predictable. I mean, this is something that that when you construction in modular new construction really is, a great opportunity.

00;11;49;22 – 00;12;10;15
Speaker 1
Yeah. Well, you know, it’s it’s interesting. And I don’t know if there’s any truth to this, so if I’m completely wrong about this, please correct me. But one thing that I’ve heard over the years, and again, it could just be one of those, you know, urban legends, but that because modular homes that the, you know, obviously it’s not the entire house pre-assembled and then dropped on a lot.

00;12;10;16 – 00;12;34;13
Speaker 1
Right? It’s pieces or sections of it and they’re brought there and then assembled on site if I have that correct. And but one of the things that I was told about them is that because they have to be able to survive transport, they’re built very, very, very, very well. And some people might say better than the normal stick built, which I’m not going to say that because I don’t want to offend any builders that build this, traditional stick belt.

00;12;34;13 – 00;12;52;26
Speaker 1
But the, you know, they’ve said they’re like, listen, these things have to be, built in in the warehouse, like you’re talking them out, and then they have to be able to hold up driving up the Northway or wherever those components of the house are being shipped to. And so because of that, they’re built very, very, very they’re built to last.

00;12;52;26 – 00;12;59;01
Speaker 1
Right. And then the final assembly obviously on the, on the lot is that is that close, is that accurate or.

00;12;59;03 – 00;13;29;00
Speaker 3
Yeah, absolutely. Billy Billy Combs, the preparation, once we do 85% of all, you know, let me consider fully framed, in, roofing for plumbing and electric insulation, sheetrock taped front, shingles in the factory, windows, doors installed, one half of the home’s flooring, your cabinetry and your kitchen. In your bedroom, vanities are installed.

00;13;29;03 – 00;13;55;27
Speaker 3
Your countertop, in your bed. Vanity cups, serving. Once you get to the point of 85% complete, they end up jack and infrastructure so that they carry if you come underneath, they actually fold down the structure, to the carrier. They rapid one to type and they, they get it completely ready for transit. And they take inventory of everything that may need to be shipped loose.

00;13;56;04 – 00;14;26;29
Speaker 3
There are loose items, you know, your gable ends of the house is a roof needs to be installed on site. The SAT and things like the siding will need to be shipped through for that. So, you know, me working here and seeing the Day-To-Day operation really is second to none. You’re getting getting the 85% of the home ready for transport to, you know, where it’s going to, essentially just end up, you know, for good.

00;14;26;29 – 00;14;37;18
Speaker 1
Yeah, yeah. That’s why that must be something to see, when you’re seeing these things showing up. Right. And then being, I assume, Crane, they lifted the crane.

00;14;37;19 – 00;14;50;10
Speaker 3
Yeah. The the crane is is really a respectable, respectable. You know how precise the the operators get it? The, the structure around the foundation is really, something special.

00;14;50;12 – 00;15;14;29
Speaker 1
Yeah, that is wild. So you mentioned how customizable, like, floor plans and things are, which I didn’t realize that, you know, like, with modular homes. I thought you were kind of buying, like, you’re buying, you know, pre-built or whatever the word is. Right? Like, are 85% pre-built. So you’re kind of stuck with whatever, design that you know, you are buying.

00;15;14;29 – 00;15;21;08
Speaker 1
But you guys are saying that you can actually customize these and change layouts and finishes and. Oh, yeah.

00;15;21;10 – 00;15;53;17
Speaker 2
Yeah, for us, the notes, in particular, we’re offering, ten different floor plans, models. And you can sit down with someone on our design team and say, hey, maybe I want, you know, this moved a little bit, or maybe I want, you know, a different layout, you know, and just being able to to sit down with the design team and they can kind of manipulate and do all the different, you know, visuals to show, okay, this is how it would look.

00;15;53;17 – 00;16;17;07
Speaker 2
And, you know, just be able to make it a great fit, you know? Literally. Hello. We really aren’t doing too much with customization, but Aspen Hills, we certainly are. And it’s exciting. You know, you you you start off with ten different floor plans and then see what you’d like to change. And, you know, if you want to add another garage or whatever, you know, that may be.

00;16;17;09 – 00;16;21;18
Speaker 1
That’s cool. What? Go ahead. Mike. I’m sorry.

00;16;21;20 – 00;16;48;29
Speaker 3
Yeah. It was I was just going to add, when you do get to the point of, design, not only are you able to design, you know what will end up working with you, designing your your structural CAD, but also your electrical schematic. And you actually get a personalized design meeting with feel like homes and they’re their designer, so know it’s typically a, two hour, meeting where, you know, these type of things work out really well.

00;16;48;29 – 00;17;05;27
Speaker 3
If you, if you know what you want gets it that much more seamless. But if you if you don’t, you know, we do have a design in that that really can, generate ideas, based off of, you know, what, what what you may want, you know, to, to to get the assets and features that you want.

00;17;05;29 – 00;17;29;03
Speaker 1
Yeah, yeah, yeah, kind of guide you through the process and help you understand what you like. Because I would have no idea if you said, you know what, what? Where do you want this? And what do you want this. I’d be like, I don’t I don’t know what are my options, you know, like, so I would when you’re seeing people, coming to these developments and they’re buying homes, are these first time homebuyers?

00;17;29;03 – 00;17;42;15
Speaker 1
Are they second homes? I mean, what part of the market segment are they typically? I’m sure there’s not. You know, it’s not every single one of them is falls into one label. But.

00;17;42;17 – 00;18;06;10
Speaker 2
I think what Toad Hollow specifically I’m seeing a lot of people have already bought them home. They’re very familiar, but now they’re looking for something that, you know is new and they don’t want to deal with, you know, and that’s the other thing, you know, is separates, you know, obviously, from a home that’s 30, 40. You know, there’s a lot of old homes in the Capital Region.

00;18;06;12 – 00;18;34;04
Speaker 2
Yes. It’s nicer, you know, it’s like, oh, if you you’ve already maybe a seasoned buyer, you’re looking to either downsize or change location for whatever is. You don’t have to worry about a new roof or replacing windows or, you know, you have very low maintenance. And you’re getting a lovely home. And so that’s, at least I’ve seen in Toad Hollow so far, they’re, they’ve been, you know, repeat buyers in the sense.

00;18;34;04 – 00;18;48;03
Speaker 2
So they’ve, they’ve bought, sold homes several times. It’s been hills. I think we’re seeing more, interest on, on newer buyers. At this point, that we’ve seen.

00;18;48;06 – 00;19;08;21
Speaker 1
I’ve never, owned a brand new home. I’ve always had, you know, like, my current house is like 200 years old. So I, you know, I’m wondering when you buy a new house, is it like a car? Like there’s a new house smell? Is that a thing? Is there, a sense that’s sprayed like they do and used cars like the.

00;19;08;22 – 00;19;10;09
Speaker 2
We have a bottle that the fact you don’t.

00;19;10;16 – 00;19;12;22
Speaker 1
Yeah.

00;19;12;24 – 00;19;29;16
Speaker 2
No, there definitely is. I like the new can start. I don’t know, it sounds weird to say, but there definitely is a new construction smell. I mean, I like it. I think it just makes the house feel fresh. I don’t know, I don’t know, we have to describe it.

00;19;29;18 – 00;19;52;15
Speaker 1
Yeah, yeah, yeah. So, you know, from a and I don’t know, even if you’re allowed to say this. So if not, just tell me, you know, that breaks the real estate laws. But, from a price point, like, is there a starting point, you know, cost wise? I mean, I hear all sorts of things about housing prices all over the place, in different areas.

00;19;52;15 – 00;20;00;10
Speaker 1
And it always seems crazy to me. So I’m just wondering, you know, where where these developments fall in line?

00;20;00;13 – 00;20;25;18
Speaker 2
Yeah. Super. Aspen Hills, we are starting out at 365. Oh, which is very attainable, you know, especially in this housing market right now where you’re getting a brand new home or, you know, in the mid three hundreds and depending on the, you know, different models and things like that, it goes up in price from there. But you have a very competitive price line.

00;20;25;18 – 00;20;48;02
Speaker 2
What’s also pretty similar, starting at 375. So you know, you can buy media under 50 year old home for that same price. But why would you if you can buy a brand new home or you don’t have to worry about fixing or changing anything, you know, for. Yeah, you know, let’s call it big.

00;20;48;04 – 00;21;10;21
Speaker 3
Yeah, we just want to we’re we’re looking at that at that starting point. You’re looking at, features like what you’re gonna find flooring, solid plywood, base cabinets, quartz or granite countertops. So yeah, I mean, it the the opportunity there is is definitely. It’s a fair.

00;21;10;24 – 00;21;29;14
Speaker 1
Yeah. It sounds like the value is there. I mean, everyone that I’d say everyone, the few friends I have that are currently house shopping. Every time I talk to them, they’re telling me about a house that they found that needed major work to it. And I was like, oh, how much was it? They’re like, oh, it’s that like it’s listed at 450, and I know I’m going to have to bid 20,000 or 30,000 over asking.

00;21;29;14 – 00;21;43;25
Speaker 1
So they’re almost $500,000 into the house that they’ve got to put $100,000 in just to get it where it needs to be. So, you know, hearing from you guys buying a house in the mid three hundreds, you know, that sounds amazing. It sounds like real value.

00;21;43;27 – 00;22;07;28
Speaker 2
It it really is. And you can you can feel the quality. And even when, you know, we encourage people like come down to our factory, we get factory tours Michael gifts factory tours every week. We have a model home down there you can actually watch from, and Michael can share more about this, but from that you know very start where the, the, the planes start to go down all the way up until it’s 85%.

00;22;07;28 – 00;22;38;28
Speaker 2
Then as you can walk down the line, watch how they’re installing the electrical and finishing the kitchen and the flooring. And it’s just so incredible to see it literally come to life before your eyes. And then to be able to walk through the finished model home. And so it’s definitely something unique that we have to offer, but you get to see the quality and the finishes that are being put into these halls, even before, you know, they get set at the home site.

00;22;39;00 – 00;22;41;17
Speaker 1
Anything to add to that Michael.

00;22;41;19 – 00;23;11;12
Speaker 3
Yeah I mean it exactly that coming on to the factory. You get to see the home from start to finish and you, me you can get to meet a couple of the, the the factory production workers and, and interact with them and, and talk a little bit about the problem. So it’s really a great experience, but also it, anyone that that comes by, you really become educated about what this is and, learn a lot about the construction.

00;23;11;13 – 00;23;28;24
Speaker 3
You know, you’re walking away, with knowledge about the construction, but also about the features and just overall process. So, you know, these are the type of things that, you know, I think are really beneficial, you know, when, when looking into something like this, you know, you have that you disposal.

00;23;28;26 – 00;23;39;02
Speaker 1
Yeah. And the are the houses themselves. Are they being are they on like, do they have full basements or they’re on slabs or is that an option that people choose.

00;23;39;05 – 00;24;14;23
Speaker 3
Yeah. So generally are going to be Hollywood full basements. Or they’ll be on, for foot crawl. Yeah. So they do go. So these, these homes just they’re, they’re built to, regional, local and New York building code. So I know that there’s sometimes the common construction, which we, you know, modular state build and, you know, modular, manufactured or mobile, which, you know, at that point, they’re, they’re categorized into, the, you know, the built ins under the federal, federal building code.

00;24;14;25 – 00;24;33;14
Speaker 3
So this all the different but, yeah, that that I would that that’s pretty much the main difference that these are on, you know, foundations permanently, you know, moment and factor day, you know, they had the opportunity to be, moved or, you know, relocated, right?

00;24;33;16 – 00;24;37;08
Speaker 1
Yep. Yeah. It’s it’s interesting, you know, it’s right here.

00;24;37;10 – 00;24;38;15
Speaker 2
Oh, sorry.

00;24;38;17 – 00;24;41;17
Speaker 1
No, you go ahead. I’m just I’m just rambling. Scare. Well, we’re gonna say.

00;24;41;20 – 00;25;04;26
Speaker 2
I was going to say for Austin Hills and Twin Hollow in particular, you’re getting an 8 or 9ft basement that has an egress window and as the plumbing available. So let’s say down the road, you’re like, hey, my family’s growing. I need to finish the basement. It’s already set up in design for you to add that extra living space bathroom down the road, you know?

00;25;04;26 – 00;25;27;16
Speaker 2
And so that’s also a great benefit, you know, having especially in these two communities. It’s huge. The basement is the same square footage as the upstairs living level. Yeah. So it’s really incredible how much extra space you’re able to get to, you know, do whatever you want with them down the road.

00;25;27;18 – 00;25;52;23
Speaker 1
Yeah. That egress window is huge. I don’t mean huge like size wise, but they. Yes. There those of you mean those are bigger than a standard window. But but I mean, it’s like, that’s that’s a big deal. Because if you have to go and add that thing later on, like, that’s a major project, you know, cutting into a foundation to be able to put an egress window in and, and, and all the other things that have to happen with grading and lawn and etc..

00;25;52;23 – 00;26;01;05
Speaker 1
Yes. Yeah, that’s a handy that’s a handy little option right there. Or a handy building not an option comes up.

00;26;01;07 – 00;26;02;22
Speaker 2
Yes. Comes with the house.

00;26;02;25 – 00;26;05;00
Speaker 1
Comes with the house. Yeah.

00;26;05;02 – 00;26;29;07
Speaker 3
Yeah. The B for the basement the basement stuff. And I just want to add the basement stuff. Yeah. Great opportunity to add feature footage for one of our plans in particular. So we all we offer, you choice of a colonial ranch or gate, you keep one in particular. The upstairs is going to be unfinished. On unless specified otherwise.

00;26;29;10 – 00;27;03;09
Speaker 3
But the opportunity up in most of our key plans, they, they have 600 to 650, square feet of finished space upstairs. You know, big lake homes will prep a three inch drain up to the second floor for future bathroom, as well as a couple of 12 to, wires that are run through the walls so that, you know, the builder can finish out, you know, upon request, the upstairs, you know, allowing for, you know, typically these plans accommodate for two more bedrooms and another full bath.

00;27;03;09 – 00;27;05;04
Speaker 3
So,

00;27;05;06 – 00;27;09;19
Speaker 1
And how would you expect the bedrooms, how many bedrooms do they already have?

00;27;09;21 – 00;27;30;16
Speaker 3
So a lot of our cake plans don’t end up having that would be set up, as two bedroom, two bath. You know, with that opportunity to finish out the. So. But with modular construction, it’s a huge truss system. So the upstairs of Kate it we’re not, you know, not able to finish it out on a factory because it has to be installed on site.

00;27;30;18 – 00;27;50;04
Speaker 3
So I just time that to the to the opportunity. You know, you finish out that square footage upstairs. You know you’re going to ultimately you’re going to be adding significant value to your home. You know, based off of the footage that you add, and you don’t have to do it right away and do it right away. You know, that footage is there.

00;27;50;04 – 00;28;01;22
Speaker 3
You can use your storage. So I just I felt that I mentioned that, it’s it’s really probably best opportunity if you’re looking to expand or grow into the home.

00;28;01;25 – 00;28;17;10
Speaker 1
Yeah. So it’s is it it’s essentially like an unfinished attic space, but with the, kind of, infant infrastructure to be able to be finished off so that it’s a regular bedroom and counted as living space. Yeah, yeah.

00;28;17;10 – 00;28;41;11
Speaker 3
What they call it is a it’s a storage attic truss. Yeah. And, you know, let’s say you’re the customer. You would, you would like, as Green Hills know a, you know, I’m, I’m planning I’m finishing it out right away. You know, in that point, we wouldn’t put a, insulated door, but this week at the top of the stairs, you know, if you if you are able to finish in here right away, that’s when we would do that.

00;28;41;13 – 00;29;01;10
Speaker 3
So. Yeah, I mean, it’s it’s two modular units and then you have a 12 over bit, the way that that two story colonial two store modules are built are going to be wood for four boxes. So there is more construction. They’re all going to be finished out. And there’s also, you know, you look at things like.

00;29;01;14 – 00;29;20;22
Speaker 3
So the key point really, we like to call the best bang for your buck because there is square inch that, you know, you know, you finish out right away, or you have that option to finish out at a later time, which ultimately will increase the value. The home base of the square footage.

00;29;20;25 – 00;29;33;26
Speaker 1
Yeah. Well, again, with that, with the basement and then that finished table, upstairs space, I mean, that’s that’s a lot of opportunity to add living square. You know, living square footage.

00;29;33;28 – 00;29;45;17
Speaker 3
A lot of these escapes, you know, with between the, the upstairs and the basement, you end up getting, you know, either just under 3000ft² now or over.

00;29;45;19 – 00;29;46;22
Speaker 1
Wow.

00;29;46;24 – 00;29;50;23
Speaker 3
So the opportunities there for that floor plan.

00;29;50;26 – 00;29;57;20
Speaker 1
3 to 3000ft², that’s a lot of living space. That’s a that’s a fair that’s a fair amount of house.

00;29;57;22 – 00;30;22;18
Speaker 2
And yes. Yeah. And if you’re, you know, wanting to expand while your family’s growing and then ten, 15 years from now, you move out of state, you know, to that new job or whatever. You have a fairly, you know, young home that’s still in excellent condition and you’ve invested and you finished off the space. I mean, you’re going to get, you know, a lot of interested people were like, oh, I can buy a new home with all this extra square footage and things like that.

00;30;22;18 – 00;30;38;09
Speaker 2
So it really is quite, our Joshua cape is by far, I would say, one of our most popular floorplans just because of the, convenience, the pricing and the, you know, flexibility that it offers for a lot of our buyers.

00;30;38;12 – 00;30;42;14
Speaker 1
Yeah.

00;30;42;17 – 00;30;49;18
Speaker 1
Guys, was there anything that I haven’t asked that I should have asked about these developments?

00;30;49;21 – 00;31;12;12
Speaker 2
I don’t think so. I mean, this is a, you know, we have only four home sites remaining, and Aspen Hills. For our phase one, we will have phase two coming out at some point. Not exactly sure when. So we’re encouraging people to, you know, get your on site reservations and and then also for code hollow welding of six home sites remaining as well.

00;31;12;12 – 00;31;41;03
Speaker 2
So, things have been going, you know, and we’re, you know, excited to help people maybe find us as maybe a great option, you know, at New Direction, where they don’t have to deal with all this competition. They can build the home of their dreams in the relatively, you know, quick amount of time and know that they’re going to get that quality and, you know, dedication from day one all the way up until closing day.

00;31;41;06 – 00;31;42;23
Speaker 3
As have one thing to.

00;31;42;25 – 00;31;43;10
Speaker 1
Yes, I.

00;31;43;10 – 00;31;45;14
Speaker 3
I’ll talk I don’t I don’t mean to cut you off my.

00;31;45;18 – 00;31;47;27
Speaker 1
No I wasn’t no you’re good.

00;31;48;00 – 00;32;15;00
Speaker 3
I just want to emphasize, you know, again just something about the opportunity, with, with the dirt. Everything is right. Right there. You know, municipal water and sewer, underground water, as well as natural gas. Not not to mention your home is going to be built. I feel like, 17 miles away. So everything is really right there.

00;32;15;00 – 00;32;17;27
Speaker 3
Discriminative.

00;32;18;00 – 00;32;27;08
Speaker 1
That’s awesome. If people want to learn more about the developments, they want to get in touch with you guys. How do they find your how do they learn more?

00;32;27;10 – 00;32;50;18
Speaker 2
Yeah, we have websites that are dedicated. They could just Google, you know, Aspen Hills, Johnstown or Toad Hollow to Lansing. They can definitely, you know, contact us both of our emails, phone numbers or on those websites. They can reach out or if they’re working with an agent, you know, that agent can reach out to us as well and just say, hey, we want to schedule a time to get out here.

00;32;50;21 – 00;33;08;23
Speaker 2
We’re happy to meet with people whenever we’re very flexible. So, we, we try to make ourselves available, you know, for, for these meetings so they can just give us a call and, you know, we can meet them out there just to see if this will be, a great direction for them to start.

00;33;08;26 – 00;33;17;14
Speaker 1
That’s perfect. Guys, thanks so much for coming on and spend some time with us. Really appreciate it. It’s exciting to hear about all this stuff.

00;33;17;17 – 00;33;29;01
Speaker 2
Thank you. And thank you for taking the time. This has been, really, quite a great, interview. And, thank you again for for letting us, be a part of that.

00;33;29;04 – 00;33;39;12
Speaker 1
Absolutely, absolutely. And I, I, I apologize for thinking I’m funny sometimes and with any of the jokes that I threw out there that were bombs. But apologize to the audience as well.

00;33;39;15 – 00;33;43;01
Speaker 3
Over run by now you’re.

00;33;43;04 – 00;34;02;01
Speaker 1
Awesome. Well, thanks again. And of course, thanks everybody for listening. You can find this episode all episodes at Buying local.us. And of course, Apple Rumble, Spotify and YouTube. If you want to hear it or watch it, you can find us there. Thanks, everybody for listening. Thanks again, guys, for coming on. And, everybody, you’ll hear from us next week.