Block 5 is to be constructed next!

We have been getting quite a few inquiries about what Block is going to be built next and the Board decided at their Oct. 27th meeting that Block 5, which backs unto the farmers field on the west side of the project, would be next. This would be units 16 - 19 and may be various models, once buyers have decided which model they would like. We are hoping that we can get enough deposits in place, so that construction can commence in the spring of 2011. So if you are interested in one of these units or know of someone who would like to live in Townsend Meadows, please give us a call to secure your unit!

Construction is Progressing on Block 1

John Howard gave us an update on the construction, on Block 1,at our last meeting Nov24th.
The forms have been removed from the foundations and have been cleaned up.
The foundation walls have been back filled and the footing drains installed.
CVH & Postma are placing the buried services under the flooring and compacting.
Some of the concrete has been poured and the plumbers were on site with the sanitary drains and water services on units 1,2 and 3.
Progress is coming along quite rapidly as the contractors would like to get the units closed in before the snow starts to fly.

Open House Schedule for December

Just in case you were wanting to go an open house at Townsend Meadows in the near future, we are not going to be doing open houses from Dec. 19th, 2010, until January the 9th, 2011, and over the Christmas holidays as we are all too busy. But if you are a serious buyer and would like to see the units, just call wonderful Jeannine at 519-899-4427 and she will make certain you can get through. Thanks

Construction begins on Units 1-3

The foundations/footings are in on Units 1-3 and we are hoping to have the units ready for late spring occupancy.

October sales in line with forecast

Last month a total of 566 homes exchanged hands, down 14.8% from the previous year. “This is right in line with what we’ve seen all over the country over the past five months,” says Richard Thyssen, President of the London and St. Thomas Association of REALTORS®. “We experienced a higher volume of sales immediately after the downturn as consumers who had been sitting on the fence jumped back into the market. Now that pent up demand has been met and the market has settled down a little. The Year-to-date sales figures speak to this: at this point in the year we are still 1.1% ahead of last year.” This month, as in previous months and years, homes in LSTAR’s jurisdiction maintain their affordability compared to other major Ontario and Canadian centers. Home sales in the Grand Bend area were very similar to those of London with prices stabilizing and sales down compared to 2009.