New construction is heating up in The Neighborhoods of World Golf Village. In fact, four new projects have either already started or are planned to start this quarter in The Crest, Laterra Links, GroveWood and The Cascades. The activity is good news not just for our own premier golf community, but for the entire North Florida real estate market. Says Sherry Davidson, President of Davidson Realty, Inc., “We started seeing a recovery to the real estate market in mid 2009 and the trend continues. In January 2009, there was not a single new construction project on the horizon, but we’re starting January 2010 with several different projects.”
Under construction in The Crest are two new custom homes. The Crest is one of the exclusive neighborhoods of The Estates where home prices start in the $600,000s. Homesites in The Estates are generously sized, dotted with ancient oaks and loblolly pines, and ideally situated nearby the King & Bear Clubhouse and the Swim & Tennis Center.
Scheduled to be completed in February 2010, a new spec home is being built by Providence Homes in GroveWood. The 2,559-square-foot home will have four bedrooms and three baths, and is priced in the mid-$300,000’s. GroveWood is a family-oriented community where young children learn to ride their bikes along oak canopied sidewalks.
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