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How to Buy a Virginia Beach, VA Real Estate New Construction Home or Condo Under $500,000

filed under: Main category, new construction posted on March 17th, 2008

This is part three about Virginia Beach, VA real estate new construction homes and condos.

New construction real estate is available in all price ranges.

In this post we will focus on new construction real estate between $400,000 and $500,000.

In previous posts we discussed new construction real estate priced under $400,000.

Also, we discussed how to buy a home or condo for under $300,000 in Virginia Beach.

As stated earlier, many builders offer incentives such as closing cost assistance and upgrades.
Builders are eager to help you find your dream home or condo.

Prices on Virginia Beach new construction real estate start at under $200,000 and exceed $1,000,000 for both homes and condos.

There are over 15 new construction real estate projects in progress in the $400,000 to $500,000 asking price range.

Also, mortgage programs and rates are still affordable as you are in control in this buyer’s market. See special programs offered to those using USAA or Navy Federal Credit Union incentives.

The area is a great place to live
and benefits with its many diverse economic sources, superb school system, as well as oceanfront location.

The area is a great place to live and benefits with its many diverse economic sources, superb school system, as well as oceanfront location.

Understanding your wants and needs when considering purchasing real estate will help you
narrow your search.

Start your real estate search here.

Below real estate homes and condos priced under $500,000 are listed.

$400,000 – $500,000

Virginia Beach Real Estate
Price range Model type Sq Ft School district
Atlantic Palisades High $400’s Townhouse 2400 First Colonial
Highland Parish $400’s up Single Fam 2575 up Landstown
Hillcrest Landing mid $400’s Single Fam 2300 up Landstown
Indian Point $400’s up Single Fam 2600 up Salem
Kings Creek Landing $459 up Single Fam 2200 up Eastern Shore
Mayberry High $400’s Single Fam 2400 up Ocean Lakes
Mira Bella $420’s Duplex 2000 up Cox
Old Beach Village Flats High 400’s up Multi 1642 up First Colonial
Prince George Estates mid $400’s Single Fam 2350 up Ocean Lakes
Sajo Farm $400’s Single Fam up to 3300 Bayside
Saltmeadow Bay High $400’s Single Fam 2416 up First Colonial
Sanctuary False Cape $440’s Multi 1400 up Kellam
The Lane at Wildwood Low $400’s Duplex 2000 up First Colonial
Tressel View $400’s Single Fam Call Princess Anne
West Neck The Grove $400’s up Single Fam 2036 Age Restricted

posted by Dennis Blackmore

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