Designed by lead developer John Dempsey for GreyCo development, Oak Park was created as his homage to the Ginter Park neighborhood in Richmond's Northside. Ginter Park is a turn of the century neighborhood located at the north end of the Boulevard and bisected by both Brook Road and Chamberlayne Avenue. It is sometimes referred to as the Queen of the Suburbs as it was … [Read more...]
Mountain Run and The Federal Club
Opened to great fanfare in late 2006, Mountian Run was the brainchild of Tommy Pollard, a local business owner turned developer, who had developed The Hollows, roughly 15 years prior. MR was to be a 99 homesite rural preservation subdivision located along Route 33 and the South Anna River in the NW Ashland/Montpellier/Glen Allen area of Hanover. The preservation lot was … [Read more...]
Grey Oaks and Nuckols Road
Right now, there is no doubt that the Nuckols Road corridor is the healthiest sub-market in the Metro. Home prices are arguably back to 2007 levels (compared to many other segments still well below 2007 pricing) and trending higher. It is also one of the only segments of the market that has an inventory count BELOW the pending count. That fact alone implies a borderline … [Read more...]
Look at Models
"If you are considering a new home, go through every builder model you can find and try to experience as many designs as possible." Do your homework but have a plan. If you are seriously considering building a home, then to really create the best result, you need to break your research into several phases: Have a ‘Lets just look at the Floor Plan’ day - Do you like an … [Read more...]
Bad Lots
"Very rarely do bidding wars erupt over houses that back up to the interstate...." In other words....beware the bad lot. If a house backs to a roadway or power lines (or strip mall or railroad track or BMP....) be VERY careful about building your house there. Typically, the builder or developer has not discounted the lot enough to account for the negative impact on the … [Read more...]