During the last few years of the real estate market, it has been tricky to determine the value of Richmond new homes. The difficulty lies with the homes that have fallen into distressed situations and have either faced foreclosure or have been foreclosed. The downward pressure on prices has affected neighborhood homes and been tremendous on home valuation — except in one small pocket of Richmond’s West End.
In this stable real estate pocket there is a neighborhood called Westcott at Grey Oaks. Composed of new homes by Boone Homes, Westcott at Grey Oaks has maintained high values because the neighborhood is building a luxury estate home that cannot be duplicated in Richmond. The location of Westcott at Grey Oaks places the homeowner in the heart of Short Pump: a district with the finest schools and near the central nervous system of transportation byways.
Each private and wooded home site in Westcott at Grey Oaks boasts ½ acre and is neatly nestled into a private section off the beaten path. Every home is luxuriously appointed with details designed by an award-winning architect and built by a team of dedicated professionals. All professional craftsmen working on our new homes understand how to fulfill the strenuous requirement of a luxurious detail. Each home has ample space with square footage starting at 3,500 to 6,000 plus.