That is a great question. From the builder persective, the airport has been no problem at all. We had a very successful community, that recently closed out, directly across the street from Aero Country. And, we have a new community that we have developed on the West side of the airport called Fossil Creek at WestRidge. Our homes here will range from the $170's through the $220's. If you'd like information on Fossil Creek, please email me privately, and I will be happy to get you the details.
Several times, we've been at sports practices in the neighborhood park, only to find ourselves focused on the touch-and-go's at Aero Country moreso than what was going on with the sporting event. If you are an aircraft lover, chances are you'll appreciate this neighborhood and the amenities that surround it.
Have a blessed day!
If you are concerned about the airport, and you are planning to buy a home, please know that there are other great neighborhoods nearby that you can consider. Research indicates that homes in the Virginia Hills subdivision that have sold over the past 6-months include 21 homes priced from $103k - $167k, more than half of them sold between $120k-$160k but there were a few foreclosures in there priced less, and of course a few homes sold for more than $160k. If you would like information about other neighborhoods in McKinney that sell in this price range, please let me know. I would be happy to send you a free list of homes available.
Happy House Hunting!
Coldwell Banker Jane Henry Realtors
North Texas Top Team, Realtors
McKinney homes for sale by owner Mckinney TX
Lynn911 Dallas Realtor & Consultant, Credit Repair Advisor
Yes the home values in that area have been affected, BUT, as you can see, new homes are still being built at a rapid pace, especially off Independence. Since the expansion on the East side of the airport is nearing completion, it will add a larger runway and additional planes-traffic.
The airport has been around for over 40 years, is small and still privately owned. The majority of the pilots are part-time joy flyers but there are flight instructors as well offering lessons. There are also a few sky diving groups the base from that airport. If you would like more information on the airport I would suggest going to their website http://www.aerocountry.org and there is a separate link to the expansion project.
As a realtor, when I sell or bring a buyer in Virginia Hills, I have to adjust the comps to reflect the airport, no matter what the size of the airport. This holds true for new construction, but the builders are selling just fine.
If you are a homeowner in that subdivision, feel free to text or email me and I will be happy to provide you with a free market analysis and show you the history of the comps and assist you in the sale of your home or any advice I can provide. Don't let this be a deterrent for you, because homes are still selling in that subdivision.
Ebby Halliday Realtors
Text or Talk (214) 215-4145