Building a Custom Home in St. Charles, IL is a good choice again for some home buyers. Sometimes a client just can't find a house that exactly suits their wants and needs. If buyer has that nagging feeling of "almost, but I want it my way" after looking at dozens of houses, Building a Custom Home in St. Charles, IL is now an affordable option at the The Reserve of St. Charles.
This 135 acre development was started about five years ago by Ryland Homes. After putting up 19 semi-custom homes, Ryland encountered the  financial difficulties experienced by many large home builders in the last few years.
Ryland sold out two years ago to the Janko Group, a Deerfield, IL company "...a well capitalized, privately owned real estate investment company with an existing portfolio of assets in excess of $250 million including land with significant future development."
Last year, after looking at more than 60 homes over many months, my clients sent me an email one night "we found our dream": a charming house called "Ana's Cottage" built by John Hall Homes. Unfortunately, it was in development they weren't crazy about, so we started looking for lots. Building a Custom Home in St. Charles, IL, became the goal. We found The Reserve on Route 31 in St. Charles.
We met with John Hall, Jr. of John Hall Homes and he helped us understand the project. His firm, along with three others who had helped build out the neighboring River's Edge subdivision -- R.A. Fagenel, Airhart and John Henry Homes -- had been selected as the "premier" builders by Janko Group. These long-established St. Charles builders were able to offer lots at reduced rates and build semi-custom or custom homes on about half acre lots. John Hall, Jr. helped my client see that Building a Custom Home in St. Charles, IL would be a great choice.
For a week we spent hours walking the  different lots, and my client finally decided on a large corner lot near the front of the development. They met with John Hall and his team and designed the "just perfect" house. Building a Custom Home In St. Charles, IL became a reality in about seven months. Last month we closed and they are thrilled with their new home.
The Reserve is located on 135 acres on Route 31. The site runs along the west side of the Fox River. The property is designed with about 40% open space and has mature trees, open prairie space and several large ponds. The Reserve is located in the highly ranked St. Charles, IL school district #303. The Reserve is just minutes away from downtown St. Charles with excellent shopping and dining.
The Reserve had 25 homesites available in the Janko Group's first phase. Seven home sites have been sold and two more are on hold.
 In addition to my client's completed home, beautiful spec homes have been built. John Hall Homes has just completed the stately Ana's Cottage II, a 3600 sf home available for $649,900. Located at 4265 Grandfield Dr., this home has a traditional full brick exterior and second floor bonus room.
The remaining lots are available for $130,000 with walkout lots available at about $160,000. Each lot is fully developed with city water and sewer hookups. The price of the lot includes sidewalks, parkways and community landscaping.
“The Reserve of St. Charles represents a fantastic opportunity for our company and our customers,” he said. “We were able to obtain these lots for almost half of what they were originally priced at, and now we’re passing on those savings to our buyers in the form of lower lot plus home package base prices, which start in the $470,000s.”
As Crain's Chicago Business said two weeks ago " Other luxury builders are getting busy again...John Hall Homes Inc. in west suburban St. Charles built and sold six homes in 2008, down from a peak of 11 in 2006, then had no activity at all last year. Co-owner John Hall Jr. briefly considered closing his doors. But orders for new construction are flowing again. He expects to finish seven homes this year. But Mr. Hall, 39, has noticed restraint in home buyers' plans. "Those who wanted 6,000 square feet and four-car garages three years ago now are willing to settle for 4,000 square feet and a three-car garage," he says. "They're downsizing onto smaller lots with smaller houses, though they still want upgraded details like theaters and bars and granite counter tops."
If Building a Custom Home in St. Charles, IL is in your future, please visit My Website for information on homesites available in The Reserve in St. Charles, IL.
|
