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As Developer at Heron's Ridge in Elizabeth City, Waypoint is offering Single-Family 2, 3 and 4 bedroom detached homes on ¼ to ½ acre lots prices starting in the upper $190s. Sales have been brisk, to say the least. With well over 40 sales project-to-date, Heron's Ridge is one of the top selling New Homes Communities in Northeast North Carolina and Hampton Roads Virginia.
Why are sales so strong? Price and Product lead the way! The fact of life is that most working couples today cannot afford to buy a Single-Family detached home in Southside Hampton Roads. The average New Home price, according to the Multiple Listing Service is $472,138. Prices at Heron's Ridge start at an amazing $199,990. That is a $272,148 difference. The second reason is Product. Heron's Ridge offers 12 different floor plans in one or two-story styles, some with attached garages standard and a minimum lot size of at least ¼ acre. Buying a Home Made Easy. The number one obstacle to purchasing a home, according to industry experts, is lack of cash for down payment and closing costs. At Heron's Ridge that obstacle has been removed or at least greatly reduced. The Builder will pay up to 3% of buyers closing costs for qualified buyers. Active and Retired Military buyers can move in for as little as $99.00. Non-Military buyers can get in for as little as $500 cash out-of-pocket. Why Elizabeth City? Lots of reasons. First it's an easy commute. From Chesapeake, VA via the brand new four lane Route 17, it's a leisurely 30 minute drive with no stoplights and no traffic congestion. Enjoy the scenic landscape of North Carolina on your way to Heron's Ridge. Second, the pace is slower, and the lifestyle is less hectic. Heron's Ridge is a 30 minute drive to the Outer Banks where you can enjoy a variety of coastal recreation. Activities include surfing, fishing, swimming in the Atlantic Ocean, hang-gliding and flying kites from Jockey's Ridge, and dining at some of the mid-Atlantic's finest seafood restaurants. Third, lower taxes; more money in your pocket. Fourth, the waterfront views are beautiful. That's why they call it River City. Fifth, it's a college town. Elizabeth City State University and the College of the Albemarle are both located within the city limits. Why Buy Now? Prices and rates will go up. The cost to build a new home is directly related to the cost of oil. Be it the materials to build or the gasoline to transport, when the price for a barrel of oil goes up so will the cost of homes. Interest rates are hovering around 6 to 6.5%. We are at the bottom or close to the bottom as it pertains to mortgage finance rates. If rates were to drop lower, the drop will be offset by the increased cost of Home Construction.If you buy now you can lock in on today's affordable prices and low rates. Finally, a win-win for the Homebuyer. Click here to view the models Click here to view our cobroke incentive Directions: To visit Heron's Ridge, go South on Highway 17 past first Elizabeth City, NC exit onto 17 Bypass (toward Edenton/Hertford). Take second Elizabeth City exit, Halstead Boulevard, at stoplight turn left onto Halstead Boulevard. Continue on Halstead Boulevard approximately 7 miles; take a left on River Road. Heron's Ridge is located approximately .6 miles on the left side of River Road. Map
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