ALLENDALE, Mich, February 21, 2020- Allen Edwin Homes, grand opened two new communities in Allendale. Wood View Estates and Springfields of Allendale are located in the Allendale Public School District. Both communities are located south of Lake Michigan Drive; Wood View Estates is off 56th Ave on Lynn Drive and Springfields of Allendale is off 52nd Ave on Richfield Lane. The neighborhoods offer homebuyers 7 different floorplans ranging from ranches to two story homes with pricing starting from the $280’s.
Currently in the Allendale School District, there is less than 3 months’ supply of inventory homes available from $280,000 to $320,000. This price point is severely underserved in the market. Given the low supply of homes plus the proximity to Grand Rapids, Grand Valley State University, and the Lakeshore market, these new communities are projected to meet a buyer’s market in a growing area of Ottawa County.
“We feel the grand openings of Wood View Estates and Springfields of Allendale are coming at a perfect time to help a highly sought after area that is supply constrained for first time and move up buyers in the Allendale area,” said Mike McGivney, Vice President of Sales and Marketing for Allen Edwin. “Buyers are getting frustrated with bidding wars on older homes that are in short supply and paying above market. Our new communities offer affordable solutions that bring energy efficient, brand new homes with today’s technology and style you can’t find in older homes.”
The new communities of Wood View Estates and Springfields of Allendale bring 9 home sites to the area. Pre-sales began in the communities at the Grand Opening events on January 25th.
For more information on Allen Edwin Homes, please visit www.allenedwin.com.
About Allen Edwin Homes:
Allen Edwin Homes, one of Michigan’s largest builders, was established in 1994 in Portage, Michigan and builds in over 100 great communities across Southeast MI, Kalamazoo, Grand Rapids, Lansing, the West Michigan Lakeshore and Indiana. Priced from $100,000s to $500,000s, all Allen Edwin Homes are RESNET® Certified Energy Smart Homes and include a 10 Year Structural Warranty backed by the RWC®. For more information about any of Allen Edwin Home’s new communities, please call 800-313-9211 or visit www.allenedwin.com.
Contact:
Mike McGivney
VP of Sales & Marketing
Allen Edwin Homes
616-238-2141
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* This is NOT a commitment to lend. Financing example is based on the sales price with a 5% down payment. Mortgage is a 30 year Fixed Rate Mortgage loan with an interest rate of 5.990% fixed with 2 points (APR to be determined by a lender). Monthly principal and interest are included in the above payments. Monthly taxes, mortgage insurance and hazard insurance are not included in the payments for this loan program. HOA dues are additional and not included in the above payment. Maximum loan amounts are based on county limits and vary between counties. See a lender for information. Not all applicants will qualify for financing. It is important to make an informed decision when selecting and using a loan product; make sure to compare loan types when making a financing decision. Interest rates, payments, terms and availability of this loan program, and the sales price, are examples only and are subject to change without notice. Interest rates may not be available at the time of loan commitment or closing. Loans are subject to credit approval. Restrictions and conditions may apply. Interest rate and APR for Fixed Rate Mortgage (ARM) programs are subject to increase or decrease. Rates are quoted as of 5/3/24.