Perry Homes and Newmark Homes (Houston) have opened their impressive new model homes in a new section of Pine Mill Ranch in Katy, Texas. The new section consist of lots that are 70 and 80 feet wide, allowing for larger homes with large yards that are highly desired by home buyers with small children as well as those desiring to add a private swimming pool. The new section has come on the market at just the right time to meet the pent up demand for this portion of the Katy area real estate market. Sales activity for both home builders has been even stronger than anticipated with significant sales even before either builder completed a model home. Sales activity in the new section has been so brisk that both builders have found it difficult to complete inventory homes; thus creating a likely shortage of available completed homes to meet the expected demand in the peak summer months for those buyers wishing to move between school terms.
Ideally located within the portion of the Katy Independent School District consisting almost entirely of “Exemplary” rated schools and sharing a contiguous border with Cinco Ranch, Pine Mill Ranch has proven to be a highly sought after master planned residential development. The specific school attendance zones for Pine Mill Ranch are Woodcreek Reserve Elementary School, Wood Creek Middle School and Seven Lakes High School. These are among the most recently constructed and technologically up to date campuses in the highly regarded Katy Independent School District.
A change has been taking place in the Katy Real Estate marketplace regarding the specifics of the homes that buyers are demanding. Although the typical age range of buyers has not shifted significantly, single story homes are becoming much more in demand. Despite the growing popularity of single story homes, the buyers in this market place are not seeking small homes and are still expecting luxuries such as three car garages, game rooms and media rooms. Both Perry Homes and Newmark Homes are responding to the increased demand for single story residences and both offer a wide variety of one story homes. Perry Homes single story homes range in size from 3,002 to 3,763 square feet of living space with base prices from $305,900 to $342,900. All of these single story homes include a three car garage and a game room. They are all true one story plans with all of the living space, including the game room, on the ground floor level. Perry Homes two story plans offered in this section of Pine Mill Ranch range from 3,745 to 4,891 square feet at base prices from $341,900 to $377,900.
Newmark Homes also offers a wide variety of single story homes in this new section of Pine Mill Ranch with plan sizes ranging from 2,745 to 3,852 square feet with base prices from $271,990 to $362,990. Their approach is different from Perry Homes’ in that several of their single story plans offer the option of an additional half story which contains additional living area; typically including the game room and a full bath. Newmark Homes also offers a wide variety of two story plans ranging from 3,250 to 4,930 square feet with base pricing from $277,990 to $388,990.
Both builders are offering fully featured homes in this new section of Pine Mill Ranch with extensive hard surface flooring, granite counter tops and all the other custom luxury features one would expect in today’s luxury homes.