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East Boise Real Estate Sees New Construction Activity

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5:57 pm
August 3, 2010


Aaron Catt

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East Boise Real Estate has long proved to be a wise move.  For years, availability was limited to older homes, mostly outdated.  Recent development in Harris Ranch however is changing the face of the East Boise Real Estate Market.

East Boise Real Estate & New Construction Today

In September of 2009, the completion of the East Parkcenter Bridge broke loose a log jam of pent up East Boise new construction in  Barber Valley.  The Mill District of Harris Ranch has been chugging along with 5 new home sales YTD with a median price of $266k.  Compared to the resale activity of 9 sales YTD  and median price of $267k, that's a pretty sweet reason to buy new!

In addition to the Mill District activity, the new River Heights Community by Brighton Homes has sold 2 homes and has 5 more pending!  This type of activity has gone on fairly unnoticed since most new construction at this scale hasn't occurred in East Boise for almost 10 years!

When one considers East Boise as their location to purchase, until now, they've only been left with resale/used homes to choose from, many of which in their original style and design.  This hasn't stopped the East Boise Real Estate market from outperforming its competition though.  Housing values in North East and South East Boise have consistently among the top performing areas to live regardless of how dated some of the homes remain.

River Heights and The Mill District have successfully combined the obvious benefits of new construction with the obvious benefits of East Boise in a manner that makes one wonder why anyone wouldn't consider East Boise new construction as the best choice for a new home purchase.

When you're ready for information about the East Boise Real Estate Market as well as the newest updates on The Mill District or River Heights, let me know!


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