Real Estate Study Reveals Demand Is High For Coveted Philadelphia Properties

It doesn’t matter which section of the city you look toward, Philadelphia real estate is enjoy a renaissance. The driving factors behind this are varied: A reputation as being generally safe; the ease of finding employment; efficient public transportation system and high-profile events that have picked the City of Brotherly Love as host. It should come as no surprise then that data from real estate website Zillow places Philly as one of the best places to buy real estate in the U.S. This is backed up by growth in new construction townhouses around Philadelphia and the prices of property for sale. According to local media reports citing the Zillow study, the median home value in the city $218,500. That’s an increase of four percent from this time in 2016, but almost inexplicably down from the peak value of $230,000 in September 2006.

Another Zillow study found that the inventory of places for sale in the city is at its lowest point ever. As such, it makes sense why so many folks are looking for Philadelphia luxury homes for sale. In fact, Zillow Chief Economist Dr. Svenja Gudell told real estate website Curbed Philly that, “Bidding wars and homes selling for over asking price have been common themes in many markets this summer, and continued competition in the face of limited supply will only continue to push home values up going forward.” To find the best stock in Philadelphia luxury homes, you may need to expand your search beyond Center City and Queen Village. That’s because new construction townhouses around Philadelphia come with all of the amenities and then some within the 3,500-plus square feet inside.

Imagine a semi-private construction with  landscaped grounds, hardwood floors, a covered balcony, custom cabinets, marble countertops, a two-car garage, laundry room, walk-in closets and easy access to the Wissahickon trails. When you search for the best that Philadelphia-area construction has to offer, there’s  no question that the above hallmarks should be on your shortlist of considerations. Additional media reports on the Zillow study found that Denver, Colorado’s median home value is more than 50 percent higher than it was in 2006. Instead of running the risk of finding real estate to buy in an overpriced city, we suggest spending time researching Philadelphia luxury homes to find a property that meets your needs. A quick survey of the city’s current landscape would reveal that Philadelphia is undoubtedly on an upward path; don’t you want a place within to call home?

Charm Of Chestnut Hill Is Boosted By Handiwork Of Premier Building Company

Maybe it’s the fact that Chestnut Hill is tucked away in a corner of Philadelphia that ensures its pleasant way of life. That’s hardly a knock again this community located near Fairmount Park and Wissahickon creek, as this easy escape to nature while still living in Philadelphia County isn’t easily found.  The opposite is also true when residents need to access the stretches of Center City, as two Southeastern Pennsylvania Transportation Authority (SEPTA) rail lines run to Chestnut Hill. Add in the many private schools in the area and Morris Arboretum and you can easily see why so many folks are looking for Chestnut Hill homes for sale.

According to Visit Philly, which is the city’s official tourism department, there are plenty of other attractions to explore for those who’ve made the trek to the City of Brotherly Love, but ate looking to escape the crowds of Old City and trappings of the Italian Market. These include the Skyspace light installation; the Stagecrafters Theater, which dates back in 1929; the Wissahickon Skating Rink as well as the sprawling natural attractions of the Wissahickon Valley creek area or  the Chestnut Hill Historical Society. Germantown Avenue, which stretches some 10 blocks, is home to restaurants, boutiques, quaint stores and art galleries.

For all these reasons, we’ve got some words of advice for those who’ve likely found a home in Chestnut Hill: Consider a premier building company to restore the beautiful homes of this region. Such builders are experienced with building both all-new properties that include top-of-the-line appliances and amenities as well as restoring older homes back to their former glory. The benefits of bringing aboard such a company include the inclusion of highly-skilled craftsmen to complete your project and a meticulous attention to detail that goes into every project. There’s no project too large for premier builders, as the best in the industry have been around for decades and helped homeowners turn their residences into a property of their dreams. By choosing to live in Chestnut Hill, you’ll reap the benefits of both a safe and beautiful neighborhood while still being able to easily access the great events going on in downtown Philly!