The 2012 HBA Parade of Homes opened on Friday, June 15, featuring a strong mix of both custom and spec homes in a number of price points. Reports from builders and real estate professionals staffing the 13 homes on Parade are that traffic was very heavy all three days of the opening weekend, with lots of potential home buyers dipping their toe back into the waters of the housing market.
The event is the 59th annual HBA Parade of Homes. Those who missed out on the opening weekend of the Parade can still see a wide variety of outstanding new homes built by some of the area’s finest home builders this weekend (June 22-24, 1pm to 6pm each day).
To preview and browse the 2012 HBA Parade of Homes Magazine, click here.
“Builders continue to offer incredible craftsmanship, value and innovation in both design and construction in our area — and they can do it in every price point,” said HBA CEO Matt Morrow. “The Parade also offers the opportunity to see at a micro-level, the very real economic impact that housing makes on job creation, income generation and providing revenue in the form of fees and charges for local governments. While some people see new homes being built and contend that the cost of this kind of growth is prohibitive to the public, recent studies of our market have found that housing pays for itself here within two years. And, it continues to generate revenue and jobs for the long term, well after the construction is completed.”
Morrow pointed to a recently released Local Economic Impact of Housing study conducted by Dr. Elliot Eisenberg, NAHB Senior Economist, for the Springfield MSA. The study found that every 938 single-family homes built in the Springfield MSA in 2010 will generate a cumulative $109.1 million in revenue, compared to only $93.0 million in costs over the next 15 years. That makes keeping housing as affordable as possible important to everyone.
“These numbers reveal how significant home building and home ownership are to our local economy,” Morrow said. “The Parade highlights not only the best work of some of our member builders, it also reinforces the huge impact the industry has on our overall economic health and job creation.”
Since home building is so important to the overall economy, controlling unnecessary costs in the building process is vitally important. Of the four components that go into calculating the final price of a new home (land, labor, materials, and governmental regulatory costs), governmental costs are far and away the most rapidly increasing segment of the overall home cost. In fact, many of those costs are incurred before any work is done on the house.
To help home buyers and builders compare and contrast the widely varied local costs incurred before the construction process begins, the HBA of Greater Springfield recently launched a new web tool: LookB4UBuild. Visitors to lookb4ubuild.com can compare and contrast the various fees and inspection processes in more than 60 city and county governments throughout the association’s ten-county service area in southwest Missouri.
The new tool identifies some real hurdles to getting started. The HBA Parade of Homes shows the excitement that awaits at the other end (completion) of the process.
Among the 13 entries in the 2012 Parade, visitors will see tremendous diversity — there’s everything from homes built for active adults with an “empty nest”, a quality-built 3-bedroom home for under $123,000, to a one-of-a-kind custom home overlooking the James River Valley.
WHAT? The 2012 HBA Parade of Homes
WHEN? June 15-17 and June 22-24.
TIME? Homes are open from 1 to 6 pm.
WHERE? Springfield/Greene County area, Nixa, Ozark and Battlefield
COST? The Parade of Homes is a FREE event
Anyone wishing to view Parade Homes may PICK UP FREE PARADE EVENT MAGAZINES (featuring Parade homes, maps/directions to homes, etc.) at the following locations: The Carpet Shoppe (1827 E. Seminole St., Springfield), Herrman Lumber Co. (1917 S. State Hwy MM, Springfield), The Light House Gallery (4113 S. National Ave, Springfield), Maschino’s (1715 S. Campbell Ave, Springfield), Meek’s – The Builder’s Choice (1551 W. Mt. Vernon, Springfield; 3231 N. Glenstone, Springfield; 3250 E. Sunshine, Springfield; 1355 E. Highway 60, Republic; and Highway 160 N, Nixa.
MORE INFORMATION: Download more detail about homes, addresses, maps to homes
- Ramsey Building Company: 217 James Ford Lane, The Timbers at Riverdale, Ozark – $890,000. 4 bedroom, 3 full bath and 2 half bath home in a beautiful country setting overlooking the Finley River. Features reclaimed wood flooring, antique beam work and reclaimed brick pavers.
- Cobblestone Custom Homes: 851 East Apollo Court, The Columns at Century Park, Nixa $199,900. Two story home with a bonus room, featuring alder custom cabinets, granite countertops, a custom fireplace and a spectacular fountain in the front yard.
- Hawthorne Creek Homes: 566 East Katella Circle, Copper Leaf Subdivision, Nixa – $241,000 base price. The Cambridge French Country model featuring a front courtyard, covered back deck, a double and separate single car garage and energy efficiency features throughout.
- King Built Properties: 1404 North Rich Hill Circle, The Villages at Wicklow, Nixa – Upper $300,000’s. French cottage style home featuring rough sawn pine hardwood floors, a custom copper bay roof, full iron railings and a geothermal heating system.
- Ramsey Building Company: 1407 North Rich Hill Circle, The Villages at Wicklow, Nixa – $335,000. A cottage-style contemporary home featuring Italian porcelain tile, a hand made copper chimney, custom cabinetry and a screen porch all on one level.
- First Venture, LLC & J. Russell MacLachlan Custom Homes: 4703 East Cobble Creek Drive – $369,900. An open floor plan with two stone fireplaces, this home features an all brick and stone exterior, a center island in the kitchen and a large screened porch.
- John Marion Construction, LLC: 2916 South Camber, Ruskin Heights – $640,000. An NAHB Green Verified and Energy Star rated home complete with a triple car garage, ground source geo thermal HVAC system, quartz Caesarstone countertops and an outdoor pool.
- Fahrlander Custom Homes, Inc: 2515 East German Ivy, Olde Ivy Subdivision – St. Jude Dream Home valued at $350,000. 4 bedroom, 3 bathroom home features a barrel entry ceiling, formal dining room, custom his and her tile shower and a rear entry three car garage.
- Triple S Properties: 6076 South Danford, Eaglesgate – $1,300,000. All brick estate featuring Chicago paver accents overlooking the James River Valley features a wine cellar, 12’ and 20’ ceilings throughout, multiple decks, reclaimed antique barn wood and travertine tile.
- McBride & Son Homes: 2206 West Drake Street, Southview Estates – $199,900. The Berwick Model Home has two stories plus a finished basement and features the laundry on the second floor, a double car garage and a master suite with a luxury bath and large walk-in closet.
- First Venture, LLC & J. Russell MacLachlan Custom Homes: 5348 South Oxnard, Plainview Oaks – $269,900. 5 bedroom, 3 bathroom finished walkout basement home featuring two living areas with fireplaces, a covered deck, a master suite with a large garden tub and a john deere room.
- Bussell Building, Inc: 5644 South Winsor Drive, Battlefield – $229,900. 4 bedroom, 2 and a half bath home overlooking a wooden area featuring a generously sized sunroom, spacious living area, custom knotty alder cabinets and high performance insulation.
- MGM Properties: 1260 South Strasbourg Avenue, Silver Brook Phase II – $122,900. All brick home with a covered patio complete with a fire pit in the backyard. 3 bedroom, 2 bathroom energy efficient affordable home.