Looking at some new KB homes off of 45. I am aware of their past reputation. But am also aware that they rank high in impartial customer service survey's, and do offer most SQ FT bang for the buck, even after including all upgrades which most other builders include in their base price. And financially, KB makes sense to me, for example, when a builder offers upgraded appliances as part of the base price, maybe I don't want to finance a fridge for 30 years.... and KB allows that flexibility. But my concern is with long term value and overall quality of the neighborhoods... any input REALTORS?
The resale of the KB home is great as long as the owner had taken care of the home. Once you are in and pay for your own window treatment, landscaping, refrigerator( which you don't resell any way ) and so on your house house is up to par with the rest as far as the most of the folks looking at a resale home. You just paid less for what you have to offer. You are selling some sweat equity. That cusomer service ranks high for you.
Go for it. anything off of I45 will have good resale, just don't back up to it LOL.
KB builds a solid product. The City President is the previous City President to Pulte Homes which prides their reputation in the JD Powers Survey's. Just make sure the KB neighborhood you are looking at does not have several foreclosures on the market. This will really affect your long-term value. Feel free to contact us to provide you with a free neighborhood market analysis to make sure your are not over buying in today's real estate market.
Google KB Home and look at all the results and ask yourself if this is something you want to buy into. I have encouraged all my buyers to shy away from KB purchases, whether new or resale. There is a reason for the ongoing litigation and ignoring it won't change that. In my opinion, KB subdivisions seem to decline rapidly and selling them a year ot five years later is often very difficult to do.
Check out my house if you are interested in a great house for the money in a Houston suburb. We absolutely love the house but our family has outgrown it. My husband and I built it in 2002 and have taken immaculate care of it. We live in Katy (west side suburb of Houston) and love the area. The house is loaded with upgrades and we have made many improvements on it since we moved in. We win yard of the month on an annual basis and the inside is even nicer than the outside. Here is the web site to check it out. We welcome FHA and conventional loans and we are providing a one year home warranty for your protection. http://search.har.com/engine/dispSearch.cfm?mlnum=9669577&ba Address: 4847 Monarch Glen Lane, Katy, TX
KB typically offers a good product in their price range. I don't typically see that one builder over another offers a competitive advantage on resales. One issue I do see in these types of price ranges is that the materials used are often basic and wear easily. They often build in areas where there is there is still lots of available land. Until recently we also saw lots of people use high amounts of financing in these neighborhoods. When you combine the three it can sometimes create a problem for resales. Prices don't go up as fast due to the combination, and then buyers see that they can buy essential the same house NEW from the same builder with great incentives for perhaps the same price or just slightly higher than the resales that now look worn. There are of course exceptions to this predicting the future is like looking into the crystal ball. That's not just a KB problem, but typical of many of the builders in these price ranges. Whatever you do be sure to use a Realtor for your purchase. KB makes mistakes just like other builders. Make sure you get an inspection and have them address all the issues before you close.
Just a note on the upgrades.....one thing you to consider about financing the appliances....will you actually stay in the house for 30 years. If so you're on the right track. Typical is 3-5 years, so the financing might make sense. Typically low interest rates on homes loans versus high on credit card if that is the alternative. Your realtor can probably walk you through the various senarios and advise you the right way to go.
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