Central Oregon Neighborhood, Yarrow, Expands Homesites Sizes and Reduces Pricing

Madras, OR (PressExposure) February 09, 2009 -- Yarrow, a neighborhood overlooking the Cascade Mountain Range from the east hills of Madras, today announced that it is offering the best Central Oregon real estate values. The community has made plans to create much larger homesites, which have been relisted for sale at reduced prices. Yarrow has also reduced prices on other homesites, with prices starting at less than $20,000.

“Our clients have been giving us consistent feedback that they wanted larger homesites,” said Kathy Duman, broker with Yarrow Realty. “In order to better serve them, we have gone back to the drawing board and dramatically increased many of our lot sizes in Phase One of Yarrow. We are confident that this is the best Central Oregon real estate value available right now.”

The increase will result in homesites that are more than double the previous lot size, with new sizes ranging from approximately 12,800 to 29,000 square feet. These expanded lots are now priced from $27,300 to $61,900. One homesite in Phase One, which is not part of the expansion plan, is priced at $19,900 (certain home building requirements apply).

Yarrow is also offering a unique building incentive so buyers can get an additional 10% back on their purchase. If buyers receive a certificate of occupancy for their new home within 24 months of purchase, utilize a Yarrow neighborhood builder (Sage Builders, Sun Forest Construction or SunWest Builders) and use JELD-WEN windows and doors, Yarrow will refund 10% of the total homesite price.

About Yarrow

Marie Melsheimer
Madras, OR

The new community of Yarrow, situated on 900 acres on the east side of Madras,will be a vibrant collection of neighborhoods incorporating neotraditional design principles. Madras Land Development Company, a joint venture of Brooks Resources Corporation, JELD-WEN Development and Taylor Northwest, is developing the property. Plans for the community include a variety of housing sizes and types, mixed-use area with retail amenities, pedestrian friendly streets and walkways, and a planned public golf course. At completion the project plans to have 1500 single-family homes, and 200 multi-family units. (All amenities are planned but not guaranteed. They are subject to change at the sole discretion of Madras Land Development Company LLC.) To find out more, call 541-475-9779 or visit http://www.yarrowliving.com

Press Release Source: http://PressExposure.com/PR/Yarrow.html

Press Release Submitted On: February 09, 2009 at 3:49 am
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