David Barr's blog about new homes for sale in Sarasota, Venice, and Lakewood Ranch. I specialize in helping home buyers locate and purchase new construction homes from the 40 new construction neighborhoods I serve in two of the top 5 master planned communities in the country.
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Venice FL New Home Things to Consider
Buying a Venice FL new home is a popular option in our real estate market. There's a lot that can go into the decision process you may not have considered.
I've been working with new home buyers this week to define their preferences.
One issue is exposure. Do you want your lanai and pool area to face east or west? East means morning sun, west means afternoon setting sun. Will the lanai protect from the sun shining directly inside the home and increasing utility costs?
Another issue is view from the rear of the house and your lanai. Do you prefer a preserve view, or a lake view? Most builders charge premiums of up to $60,000 for a lake or water view, above the price of the home.
Garage space is another thing to consider. In many Venice FL new home communities you have the option of a 2 or 3 car garage. In Florida we do not have basements, so will you need a 3 car garage for extra storage?
Heated or unheated pool will be another question in your new home search. Is the community itself getting so large that the community pool will be too busy for you? If you decide on your own private pool, a heated pool will add cost to the construction of the home, and can possibly double your utility bills.
Golf or no golf? Working with new home buyers this week, I helped them evaluate the costs of living in a golf course community versus non golf. What can happen when the builder turns management of the HOA over to the residents could be a major concern.
Are you paying cash or planning to mortgage your new home? Are you planning on using a local lender? Many of the new home builders have their own financing options, and are offering closing cost credits or rebates.
If you're considering a new home purchase in the Venice FL area, please contact me to work as your buyer's agent. Having your own agent costs you nothing, as builders have a one price policy.
DR Horton and Neal Communities have begun work on two large new home communities east of I-75 off Laurel Road.
Neal is building a 700-home community that will be called "The Villages of Milano". A couple of model homes and what looks to be a sales center seem to be near completion as of this writing. You can see this development on Jacaranda Rd, between Boundary and Laurel Rd.
I've been told that DR Horton is developing a site for 800 homes, with ground being broken just west of the Willow Chase subdivision on the north side of Laurel Rd. It looks like DR Horton will be developing the former Stay N Play RV park and surrounding area.
On top of that, Neal is also planning on a 250 home community further east on Jacaranda at Border Rd called The Woods of Venice.
With more than 1700 homes that will be under development in these new communities, plus the ongoing construction at Grand Palm, Islandwalk, Sarasota National, and Gran Paradiso, you'll need a new homes spe…
Earlier this month ( January 2019), I issued an e-newsletter highlighting 6 new home communities in the Sarasota area.
Add one more to the list. Promenade Estates is coming soon to the Palmer Ranch area.
Located on Honore Avenue, south of Central Sarasota Parkway and directly across from Hammock Preserve, there's not much information available yet.
Existing competing new home communities in Palmer Ranch offer paired villas, some town homes, and upscale single family homes, most of which I expect will be available in Promenade Estates. The builder, DR Horton, has a luxury home series called Emerald Homes, which I expect will occupy a section of the site, much like they are doing in Toscana Isles in nearby Nokomis/North Venice.
I'll be updating my website page for Promenade Estates with the latest information as it becomes available. Bookmark my page or contact me for a tour of Sarasota new homes.