Want to find Cherry Hill new construction homes for sale? Cherry Hill has several neighborhoods where you can find brand-new homes, and more are being built all the time. However, it can be hard navigating the housing market to find the right home that meets your needs and budget.
In this post, our team at Your Home Sold Guaranteed Realty - Nancy Kowalik Group will cover everything you need to know about new construction homes. We’ll discuss the availability of new construction homes in Cherry Hill, the benefits of buying new construction, and some key housing market information.
Key Takeaways
- Cherry Hill is considered a seller’s market. On average, new construction homes in Cherry Hill can range from around $400,000 to $800,000 or more.
- New construction homes often allow buyers to customize certain aspects of the design, finishes, and layout to suit their preferences and needs.
- Many builders provide warranties on new construction homes, covering structural components, appliances, and systems for a certain period. This can provide peace of mind and financial protection against unexpected issues.
- Hiring a realtor is crucial if you want someone to advocate for your needs against home builders’ interests.
- The cost of building a house depends on several factors. On average, the home building cost in New Jersey is between $300,00 and $460,000.
Is There Information About New Homes in Cherry Hill?
Cherry Hill is considered a seller’s market. The average sale price of Cherry Hill homes for sale is $474,950 and most homes spend an average of 16 days on the market before selling.
Over the past year, Cherry Hill Township has seen a 27.9% increase in sale prices, indicating a growing demand for homes. The average price per square foot has also risen by 6.0%, demonstrating the overall value of properties in the area.
The average price of new construction homes can vary based on factors such as the size of the home, location, and features. But on average, new construction homes in Cherry Hill can range from around $400,000 to $800,000 or more.
In general, new construction homes tend to be priced higher than existing homes due to the cost of materials, labor, and land.
What are Some Neighborhoods With Newly Built Homes?
Brandywoods
Brandywoods is a Cherry Hill neighborhood consisting of both resale and new-construction single-family homes. Homes typically boast an average size of 2,600 square feet and sit on lots spanning about a fifth of an acre. Home to a community of slightly over 1,200 residents, Brandywoods is renowned for its secure, family-oriented ambiance.
Cherry Downs
Cherry Downs has a collection of single-family residences, each showcasing distinct sizes and architectural styles. These homes range in size from 2,000 square feet to just over 2,100 square feet. They are typically listed for sale in the price range of $399,900 to $480,000. On average, homes within Cherry Downs are on the market for about 73 days. The neighborhood’s proximity to Philadelphia makes it an excellent choice for commuters seeking convenient access to the city.
Kings Croft
Kings Croft is a neighborhood of townhomes, ranging in size from 1,300 square feet to over 1,700 square feet. Typically, these townhomes spend an average of 24 days on the market before a sale is finalized. The average sale prices start at $264,900 on the low end and go up to $319,900 on the high end. The Kings Croft neighborhood is renowned for its tranquil and family-friendly ambiance, establishing it as an idyllic haven for peaceful living.
Springbrook
Springbrook encompasses a diverse collection of single-family residences, with sizes ranging from 2,000 to over 3,700 square feet. The typical sale prices for homes within Springbrook range between $280,000 and $565,000. The community is located close to several golf courses, including the Kresson Golf Courses and The Legacy Club at Woodcrest.
To find Cherry Hill new construction homes for sale in your desired neighborhood, reach out to Your Home Sold Guaranteed Realty - Nancy Kowalik Group at (856) 478-6562. Our team can answer any of your questions about finding your dream home in Cherry Hill.
Why Should I Buy a Newly Built Home in Cherry Hill?
- Customization: New construction homes often allow buyers to customize certain aspects of the design, finishes, and layout to suit their preferences and needs. This personalization can lead to a home that aligns perfectly with your vision.
- Modern Amenities: New homes are built with the latest building codes, technology, and energy-efficient features. This means you can enjoy state-of-the-art appliances, smart home systems, and energy-saving features that may not be present in older homes.
- Warranty Protection: Many builders provide warranties on new construction homes, covering structural components, appliances, and systems for a certain period. This can provide peace of mind and financial protection against unexpected issues.
- Location Choices: Some new construction developments are in up-and-coming areas or master-planned communities that offer convenient amenities, schools, parks, and other attractions.
- Minimal Competition: In a competitive real estate market, new construction homes can offer a fresh option with less competition from other buyers, as these homes are not typically listed on the resale market.
Should I Hire a Realtor to Buy a New Construction Home?
Hiring a realtor is crucial if you want someone to advocate for your needs against home builders’ interests. At Your Home Sold Guaranteed Realty - Nancy Kowalik Group, Nancy Kowalik and our dedicated team of experienced realtors are here to simplify the home-buying process.
With over 16 years of expertise in the South Jersey real estate landscape, we can easily help you find Cherry Hill new construction homes for sale.
Moreover, we have connections with some of the top home builders in the area, enabling us to negotiate and secure competitive prices for your new home. Builders are more open to negotiating with us because they know we continually keep bringing them new clients.
In addition, buying a home with us is a unique experience with our exclusive buyer guarantees. These guarantees, such as the Buy it Back Guarantee and Buyer Cancellation Guarantee, provide risk-free home-buying options for all our clients.
To start your journey towards a new construction home in Cherry Hill, reach out to us today. Contact us at (856) 478-6562 or via the form on this page.
People Also Ask
Is Cherry Hill, NJ, a wealthy area?
Cherry Hill is known for being a relatively wealthy area compared to the rest of the U.S. The average individual income is $53,053 and the average household income is $107,341.
How much does it cost to live in Cherry Hill?
Cherry Hill’s cost of living is five percent higher than the U.S. average but lower than the average cost of living in the rest of New Jersey.
What is the nicest part of Cherry Hill, NJ?
The Somerdale and Greentree neighborhoods are known for being two of the nicest areas in Cherry Hill.
How much does it cost to build a house in Cherry Hill?
The cost to build a house depends on several factors, including the size of the home, design of the home, materials used, and extent of customization. On average, the home building cost in New Jersey is between $300,00 and $460,000.
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