May 2017

Found 1 blog entry for May 2017.

Statistically speaking the average person buys the big home in their mid 40's. So what happens when the kids are gone and those owners enter the empty nester phase?  Builders like, John Arthur Homes are offering town home living in the 2300 square foot to 2700 square foot range range in Victoria aimed at the baby boomer demographic.  The development is called, "The Reserve on the Park." 

Much of the inventory of town homes in the Twin Cities was built during the housing boom and is geared toward first time buyers.  Many empty nesters demand a higher quality home and have made the decision to move away from the maintenance of the big house and the large lot and look for association managed living.  Many also keep a second residence in warmer climates

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