Highland Homes has been keeping a close watch on the recent stabilization of pricing in the Polk County market and is reacting to it in several of its active communities.

Statistics from Polk County’s Multiple Listing Service (MLS) show that prices have been stable for the past two months after a downward spiral for nearly two years.  Home prices in the area are currently averaging $139,000. In an effort to meet the demand for lower pricing and smaller homes, Highland Homes is making a bold move to reduce its pricing by $10,000 in many of its Polk County new homes. Far from the trend for large homes at higher prices in 2004-2006,  buyers now are now choosing value in smaller, more affordable homes. Current homeowners have become more aware of the costs involved in living in larger homes, and are also moving to homes that fit their family size and save on utility costs at the same time.

Stonewood, a Highland Homes community offering Lakeland new homes averaging $194,000, has just introduced a new line of floor plans starting at 1,110 square feet for $129,900. Buyers who could not afford to live in Stonewood a year ago can now afford to build in this exclusive community.

Another North Lakeland Community that saw a $10,000 price reduction is Winchester Estates, where model homes have recently opened and sales have been brisk. Homes in this community are now starting at $119,900, a price more buyers will find to be well within their budget. Read More→