They have 4 units left in building 5 and 6 (two Dawson's, one Parker along with the first extended Cassidy)
They finally broke ground for the foundation for building 7 on 2/14/18 and they have already sold 5 units in that building, including the extended Cassidy. (unit 65 in this picture below, which had not been updated)
To my surprise, all 55 of the 119 townhomes that still remain are all currently for sale. Even though building 7 has not even went vertical and probably will not be finished till Summer they are already selling building 8, 9 and 10...
No change in the prices for a long time now (posted below)... They are back to offering the $18,000 options incentive they were offering last year at this time but they are offering that on almost all of their communities right now. I believe they may do this every year to encourage sales during the winter months. Curious to see if they can sell the last few units from building 5 and 6 before spring is here. I think if they are able to do that we may see prices go up again.
On a more macro econ level... if interest rates continue to rise like this I believe it could hurt real estate prices across the board... Let's hope Riverdale is somewhat insulated from this...
The pricing history on
the smallest floor plan (Dawson) has been:
12/9/16:
$415,000
1/22/16:
$425,000
3/2/17:
$430,000
3/28/17:
$440,000
6/5/17:
$443,000
11/5/17:
$440,000
The pricing
history on the middle floor plan (Parker) has been:
12/9/16:
$440,000
1/22/16:
$450,000
3/2/17:
$455,000
3/28/17:
$470,000
6/5/17:
$473,000
10/1/17:
$483,000
11/5/17:
$470,000
The pricing
history on the largest floor plan (Cassidy) has been:
12/9/16:
$465,000
1/22/16:
$475,000
3/2/17:
$480,000
3/28/17:
$495,000
6/5/17:
$518,000
8/25/17:
$537,490
Do you have any information about the five-level apartment building that is supposed to go up on Rhode Island (attached to the parking structure)? I've tried to find information online about completion date and or leasing company/information and I can't seem to find anything.
ReplyDeleteI should specify that I mean an update from your last post about future residential in October.
DeleteIt was in the detailed site plans for the community. I talked to the builder and they have not finalized everything about that building yet which is why they haven't started building or released any info yet. Last I heard somewhere around 200 units in that building.
DeleteDo you know how many units are still for sale of the 119 townhomes?
ReplyDelete57 units remain...
Delete