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.
âOur clients have been giving us consistent feedback that they wanted larger homesites,â said Kathy Duman, broker with Yarrow Realty. âIn 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.â
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.