Richmond New Homes under Construction to Replenish Low Inventory

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Standing inventory numbers in Henrico County have dwindled as buyers take advantage of still low home prices and mortgage rates. In May, several communities in Henrico County saw a decline, including Glen Allen. From May 2012 to May 2013, standing inventory in Glen Allen declined by 9 percent from 368 to 290 units. As the housing market continues to strengthen, buyers will see both home prices and mortgages rate increase, meaning that now is the time to buy.

In order to provide home buyers with more options, Boone Homes has started construction on Richmond new homes throughout our four Henrico County communities: Bellingham in Twin Hickory, Villas at Grey Oaks, Westcott at Grey Oaks and Ellington at Wyndham. 

Bellingham at Twin Hickory is a community of 59 maintenance free homes priced from the high-$300,000’s. Located in a master-planned community, residents at Bellingham at Twin Hickory enjoy a pedestrian-friendly neighborhood with sidewalks, swimming pool, clubhouse and tennis courts. Buyers looking to live a no-maintenance lifestyle have a few opportunities to call Bellinghamin Twin Hickory with one home available now and several under construction with fall move-in dates. For more information, call 804-708-5126.

Located in Glen Allen, Villas at Grey Oaks features 85 maintenance free homes with prices starting from the $480,000s. While there is no current inventory at Villas at Grey Oaks, there is a beautiful home available for move-in this fall with more homes under construction. For more information on Villas at Grey Oaks, call 804-708-5130.

Located in the same master-planned community, Grey Oaks, Westcott offers buyers 65 all-brick estate homes priced from the mid-$600,000s. Residents at both Villas and Westcott at Grey Oaks, enjoy state-of-the-art amenities that include a pool, tennis courts, tree-lined sidewalks and natural pathways. There is currently one Richmond home available for immediate move-in at Westcott at Grey Oaks, with several others available for late summer and fall move-in dates. For more information on Westcott at Grey Oaks, call 804-708-5127.

Boone’s newest community, Ellington at Wyndham, has new luxury homes coming soon. The first new neighborhood in the established Wyndham country club community in over a decade, Ellington will offer 56 single-family homes priced from $525,000. For more information on Ellington at Wyndham, call 804-708-5127.

In addition to a fantastic Henrico County location, buyers will enjoy a wide-range of upscale features and finishes that include granite countertops, hardwood floors, stainless steel appliances, tile backsplashes and more. Additionally, an ENERGY STAR package helps reduce monthly heating and cooling bills.

For more information on how you can purchase a new home at one of our communities in Henrico County, as well as Goochland and Chesterfield counties, visit www.BooneHomes.net.