Real Estate Notes: PulteGroup adds homesites and bungalow designs

Jacksonville a Top 10 fixer-upper market.


  • By Dan Macdonald
  • | 2:00 a.m. August 29, 2022
  • | 5 Free Articles Remaining!
The Ashby Model at Bradley Pond in North Jacksonville.
The Ashby Model at Bradley Pond in North Jacksonville.
  • Real Estate
  • Share

PulteGroup added 24 homesites as well as 12 open-concept designs to its Bradley Pond neighborhood at 4588 Creekside Bluff St. in North Jacksonville. It is selling 50-, 60- and 70-foot wide homesites. Bradley Pond is a natural gas community with no CDD fees.

The community also has a playground and a kayak launch to the estuaries of Clapboard Creek.

Jacksonville a Top 10 fixer-upper market

Jacksonville ranks No. 6 in the list of the Top 10 Best Cities for Fixer-Uppers, according to StorageCafe.

The city ranks behind Milwaukee, Philadelphia, Detroit, Memphis and Baltimore with the listing price for a house in need of repairs at $199,900, which is 43.8% below market price.

One in 10 houses on the market in Jacksonville qualifies as a fixer-upper. By comparison, in Tampa only 1% of its listings are in need of substantial repairs.

On average, a fixer-upper sells for about $156,000 less than a turnkey home. 

The fixer-upper houses also have 2% more space than those not needing repairs.

 

Sponsored Content

×

Special Offer: $5 for 2 Months!

Your free article limit has been reached this month.
Subscribe now for unlimited digital access to our award-winning business news.