Freeport Real Estate - general discussion

[InletBchDweller]

I like the whole Windswept idea but yes there is nothing there for the residents....NOW but soon they will have everything that they need. It is just one of those subd. that the owners will have to wait.....

Landscaping is needed....

 

[Busta Hustle]

This just in...a pool is ready and 2 tennis courts...50+ lots are available and that doesn't include some phases still owned by builders and the developer. 75K gets you more than 1/2 acre in this golf course community...stay tuned for lower land prices all over Freeport...

 

[2bfabian]

I can remember going to sea side in the early 80's and laughing at my brother in law for buying lots there for 15 thousand a lot. he ended up with the last laugh. It's my opinion Freeport will be the largest city in walton county in 20 years. There is a reason for calling it the Freeport Westbay bypass because of its central location. look how the bypass comes close to ebro. Can you say casino? You will have 3 major roads going thru there. 20, new by pass,331, all 4 lane roads at that time.

 

[destinsm]

What's the scoop on DR Horton's website about Hammock Bay II...

Hammock Bay

1700 sq ft - $290 k ... $170/sq ft
2008 sq ft - $330 k ... $164/sq ft
2017 sq ft - $325 k ... $161/sq ft
2238 sq ft - $337 k ... $150/sq ft
2370 sq ft - $376 k ... $158/sq ft

Hammock Bay II

1976 sq ft - $230 k ... $116/sq ft
2063 sq ft - $240 k ... $116/sq ft
2215 sq ft - $258 k ... $116/sq ft
2242 sq ft - $255 k ... $114/sq ft
2247 sq ft - $260 k ... $116/sq ft
2252 sq ft - $256 k ... $114/sq ft

Looks like the "new" phase is a 30% discount from their first offerings... ouch!!!

Links...

Hammock Bay
http://www.drhorton.com/corp/GetCommunity.do?dv=V2&pr=43720

Hammock Bay II
http://www.drhorton.com/corp/GetCommunity.do?dv=V2&pr=44307

 

[Smiling JOe]

Those prices are the build prices, not the purchase price including the lot. When DR Horton first began building these homes in Hammock Bay, it was right after the market in Freeport grew very quiet, yet DR Horton's project sales guy lived outside of our area and would not believe the information they were getting from locals, regarding the current market conditions. DR Horton's goal was to sell houses as quickly as they built them, so maybe now their pricing is more reflective of that. Maybe now they are actually following the market for that area. I still don't think that these are priced to sell ten a month like they are probably hoping for, but now that the Lake Club is complete and the swimming pools, basketball and tennis courts are being finished, I think they may begin to see some sales.

 

[beachmouse]

Prices are moving in line with what you'd pay in Crestview, which I see as a healthy movement. At that price point, you're more likely to get buyers who live in the area, and are going to make the development an actual community, not just have row after row of houses that are owned by people who only use them four weeks a year.

It's also positioning them well to compete for some of the BRAC-related tranfers that come to Eglin proper. (The Green Berets will probably mostly go towards the 'View if rumors are true and they base out of Duke Field)

 

[destinsm]

Those prices are the build prices, not the purchase price including the lot. When DR Horton first began building these homes in Hammock Bay, it was right after the market in Freeport grew very quiet, yet DR Horton's project sales guy lived outside of our area and would not believe the information they were getting from locals, regarding the current market conditions. DR Horton's goal was to sell houses as quickly as they built them, so maybe now their pricing is more reflective of that. Maybe now they are actually following the market for that area. I still don't think that these are priced to sell ten a month like they are probably hoping for, but now that the Lake Club is complete and the swimming pools, basketball and tennis courts are being finished, I think they may begin to see some sales.

SJ,

Thanks for the info... Looks like the Quick Move In homes in Hammock Bay I are listed for about $8k more than the price shown on the floorplan starting price... Guess that reflects the lot it sits on.

Just thought it was interesting to see home prices in the same 'hood listed 30% lower than an earlier release....

 

[Smiling JOe]

While I cannot say that I am a fan of DR Horton's homes, I do like Hammock Bay. I think it could be a really fun community in which to live, and it is very family oriented, and allows owners to have a spirit of adventure with all of the biking trails, and nature trails. Maybe the big sign at the entrance and the fountain type wheelhouse structure in one of the pools are a little on the cheesy side, but I think the development already has much to offer, and they will be building many more ammenities in the future with their Bay Front property, as well as the City Park which is going in close by.

 

[dunelover]

I for one am watching the neighborhood. It is hard to get a feel for what it looks like w/out being there. Wanting to relocate w/in year.

I for one noticed about the Hammock Bay II and actually emailed DR Horton two days ago, and haven't heard back. They also don't have links to their home plans for the "hammock bay II" online, just the names.
And I agree, I don't really like cookie cutter houses, but depending on how cookie cutter... I do like the amenites. It is also hard to find info out about the other builders in there. I think I have looked at two others, and didn't much care for their "style" of home.

My opinion would be that one ought to consider when buying in Hammock bay to be sure and not let DR Horton control where they place their mortgage. I have personally heard nightmares from the Phoenix area w/ them and mortgages.

 

[Smiling JOe]

dunelover, I believe that you can select your own builder in Hammock Bay if you buy a lot.