San Diego Builder Contributes To Bump In New-home Construction

• Eight homes get under way this week at Kensington at Del Sur by Davidson Communities • State and federal tax credits create incentives to buy new homes now
 
March 25, 2009 - PRLog -- Recent gains in new-home construction throughout the United States are being felt right here in San Diego, where builder Bill Davidson is breaking ground on eight single-family homes this week at Kensington at Del Sur (http://delsurliving.com/neighborhoods.php?h=kensington).

“This is one indication that there is good news out there,” said Davidson, president of Del Mar-based Davidson Communities, noting the 22.2 percent jump in construction of new homes and apartments in February, as reported by the Commerce Department last week. “We know from 30 years of homebuilding experience in San Diego that demand continues for well-priced, well-built new homes in great neighborhoods like Del Sur.” (http://delsurliving.com/index.php)

The stylishly appointed homes at Davidson’s Kensington at Del Sur range from approximately 2,660 to 3,156 square feet and offer three to four bedrooms plus bonus room. Pricing is expected to start from the low $700,000s. To join an interest list for the eight homes, call 858-756-2208.

Adding to the incentive to buy a new home now are state and federal tax credits for up to $18,000 for eligible new-home buyers.

The recently announced California tax credit offers up to $10,000 to buyers who close escrow on a newly built, previously unoccupied home before March 1, 2010, first-come, first served. California has allocated $100 million, so buyers are encouraged to act quickly to take advantage of the limited-time program.

The federal tax credit of $8,000 is offered to first-time buyers with an annual income of $75,000 for an individual and $150,000 for dual filers. Buyers must close escrow by Dec. 1, 2009.

“Our sales counselors are available to educate prospective buyers on how to truly take advantage of the market,” said Cynthia Monaco, director of sales and marketing at Davidson.

With exterior elevations designed by the award-winning architectural firm of R. Douglas Mansfield (http://www.rdmarchitects.com/), Kensington pays tribute to the heritage of San Diego architecture while combining the very best features of modern design and contemporary living. Each elevation has been given a creative twist or turn, literally, with some garages facing the street, while others are turned for a side entry garage. Some residences have an interior courtyard while others have a garden court.

Setting a standard in Wi-Fi capabilities, each Kensington home includes a top-of-the-line Category 5 wired backbone, which allows for voice, data, broadband Internet and digital cable access in every outlet in every room.  In addition, there’s a wireless network router on each level of the two-story homes, so no additional equipment needs to be purchased or wires have to be run to tap into the latest state-of-the-art technology.

Kensington is among the green neighborhoods now selling he master-planned community of Del Sur (http://delsurliving.com/greenliving2.php). Recognized by local civic, planning and environmental groups for its environmentally conscious design and “smart growth” principles, Del Sur is now open for model home tours. For more information on new home neighborhoods in Del Sur, stop by The Ranch House, Del Sur’s community information center. Take SR-56 to Camino Del Sur and head north for approximately 4.5 miles and follow the signs to the Ranch House. The Ranch House is open 10 a.m. to 5 p.m. Wednesday through Sunday. Call 858-481-4200 or click onto www.DelSurLiving.com to learn more about Del Sur.   

Information on Davidson Communities and its award-winning new home communities is available online at http://www.davidsoncommunities.com/main.html.

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Scribe Communications is a full-service public relations firm headquartered in San Diego's prestigious La Jolla Golden Triangle business hub.
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Tags:New Home Construction, Tax Credit
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Location:San Diego - California - United States
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