Mill Branch Subdivision in Grovetown, GA was one of the  neighborhoods in the area that Crown Communities took over and introduced an entirely different home design from the original neighborhood concept.  The banners at the entrance to this Crown Community announced maximum square footage for minimum price.  I thought it would be good to see a yearly over view of the home sales in Mill Branch to see exactly how the price per square foot would average out for all 51 of the homes that sold this year.  I will break this out by quarter.

First Quarter 2010

• 9 Homes Sold
• $182,305 Lowest Price (2,539 sq ft)
• $249,685 Highest Price (3,443 sq ft)
• Lowest Price per Square Foot – $64.21
• Highest Price per Square Foot – $78.69
• Average Price per Square Foot – $71.22

Second Quarter 2010

• 24 Homes Sold
• $177,000 Lowest Price  (2,539 sq ft)
• $299,607 Highest Price (4,141 sq ft)
• Lowest Price per Square Foot – $62.48
• Highest Price per Square Foot – $94.43
• Average Price per Square Foot – $75.36

Third Quarter 2010

• 12 Homes Sold
• $190,365 Lowest Price (2,585 sq ft)
• $327,347 Highest Price (4,363 sq ft)
• Lowest Price per Square Foot – $61.34
• Highest Price per Square Foot – $89.59
• Average Price per Square Foot – $71.04

Fourth Quarter 2010 (Preliminary Results)

• 6 Homes Sold
• $102,295 Lowest Price (1,356 sq ft) *Foreclosed property
• $252,855 Highest Price (4,363 sq ft)
• Lowest Price per Square Foot – $57.95
• Highest Price per Square Foot – $75.44
• Average Price per Square Foot – $67.28

The original development in Mill Branch consisted of all brick construction with mostly ranch style houses on larger lots.  These homes were under 2,000 square feet with tiled floors, 2 car garages and in-ground irrigation systems.  Crown Communities brought in Super Sized houses with huge master suites and only the front of the house is brick.  (The other 3 sides are vinyl siding or Hardy Plank.)  Now, for the tricky part of explaining the price variations.  The lowest priced house that sold in the Fourth Quarter was one of the original homes in Mill Branch and was a VA foreclosure and doesn’t factor in with the new construction pricing.  The highest priced houses in the subdivision are mostly basement homes and those would include an extra fee to finish off that space.  I did not see 1 home that sold that was 4,100+ sq ft for the $160,000 price tag. Why is that?  Well Crown is a builder that offers a basic package (which doesn’t include the automatic garage door openers or ceiling fans in all the bedrooms).  If you would like the motor on your garage door then you have to pay an extra fee; otherwise, you will have to manually open the garage door to pull your car into or out of the garage.  Any deviation from the standard package will cause an additional charge for any extra items or upgraded items.   If you are looking for maximum space, then these houses will be good to consider when house shopping.When you are shopping in a New Construction neighborhood, please be careful and read the fine print.    If you need help with buying a new home, please consider calling me or another licensed Realtor.  It never hurts to have someone representing your best interest as a buyer!