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Acquire vol 13 iss 8 nov 13

Page 1

Volume 13 • Issue 8

Builder Profile A Walk-Through Experience with Destiny Homes

READ MORE ON PAGE 18

HOLIDAY SAFETY

Homes Sales and Prices in Iowa Rose Again in September

READ MORE ON PAGE 12

Buy a home with less than 20% down and no monthly PMI! More house for your money! www.desmoinesfirsttimehomebuyers.com

READ MORE ON PAGE 32

FREE ultimate guide to buying your first home in Des Moines


Join us for a Holiday Home Show!

Denny Pigneri Homes

Dreamscape Homebuilders

Eden Custom Homes

Green Built Projects

Hubbell Homes

Leto Custom Homes

Leto Custom Homes

Meadowbrook Builders

Orton Homes

December 7-8 & December 14-15 Waterford Landing | Urbandale, Iowa HubbellLiving.com HUBBELL REALTY COMPANY

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Contact April Bitterman Breig for more information. 515-783-3608 | april@newhomesiterealty.com


The Sign of Integrity Retail/Office For About UsLease

Get More Features

2181orNW 111th St, Clive 2105 S. Ankeny Blvd, Ankeny Eric Grubb, CCIM, ALC Login create a free In 2001, Dan Stanbrough recreated a name that is synonymousListed with central Iowa NNN real estate: Stanbrough Companies $11.75/ft Sale Negotiable at $17/ft accountNNN & get- additional 10888 Hickman Road, Suite 3B with it's familiar "black and gold" signage - is1,500-9,000 back. Located just south of Starbucks at 111th and Hickman and ft of proposed new retail (available Summer 2014). features such as saving Clive, Iowa 50325 co-tenanted by AAA Auto Club, this space is ready for build out. High visibility frontage on Ankeny Blvd at the intersection of SE

listings & more! "When my father started Stanbrough Realty on January 1st, 1960, Des Moines was such a different place. It's changed Lorenz. Potential for 1 or 2 drive thru’s. 10 year tax abatement! From 1000-3000 sq ft with tenant improvement allowance available. Phone: 515.334.3345 a lot, and some of that change can be credited to the forward thinking he brought to the business."

Great location in the heartUsername of Clive for a variety of retail or office uses.

Mobile: 515.975.7441 Stanbrough Today eric@stanbroughrealty.com

act r t Con

Today, in the surging new wave of growth and expansion in the metro area of Des Moines, Dan Stanbrough guides this www.stanbroughrealty.com/ericgrubb

login

transformation as head of the family realty, home building, development and property management companies.

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Sons Jeff and Brad hold key ownership and leadership positions in the company. Jeff is now president and CEO/owner of Stanbrough Realty and Brad is now president and CEO/owner of Stanbrough Homebuilders and Stanbrough Commercial Builders.

U

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411-415 5th St, West Des Moines FindFrom a Listing $9/sq ft MG 1350 ft - 4550 sq ft available. 413 5th St +/- 1350 sq ft 2 spaces available, 3450 and 3600 sq ft. On site (rear) and street "I enjoy the creativity of helping shape what happens future beautification generations. complete I have pride in Iowa Des Moines.($1,100/mo I've MG).Property 415 5th Type St +/- 3200 sq ft ($2,400/mo MG). parking. for Ingersoll in this area.and Ample lived all my life; my kids are fourth generation this31st city.Street So you get to Brand know anew community well, and wantClean, to remodeled space in well maintained building on Ingersollinand frontage. HVAC forpretty both units. Any City Scan thishere QR code with your positively impact ahead. My sons are very entrepreneurial and I'm proudprime they Ingersoll are. They will continue our family 5th Street in Valley Junction. Very functional open floor plan. Great opportunity to lease/own property! smart phone for more what's info 3025-3029 Ingersoll Ave,largest Des Moines Dan Stanbrough has acquired and totally renovated Saylorville Marina into Iowa's marina, and is one of the from $3200/mo Gross - $560,000 Sale founding shareholders in the new Iowa SpeedwayLease in Newton.

Min Price

tradition."

Max Price Zipcode:

The Family Tradition

Radius

Radius:

Dan said father Gene Stanbrough introduced new methods of marketing real estate to the city, sponsoring the first television show in the early 1960s dedicated to showcasing available real estate offerings.

Search

Gene was the first realtor to open a "branch" office in the city, and we were the first to market available real estate through color tabloids. Stanbrough Realty, with its distinctive gold signs and black lettering was a family-operated enterprise through the 1960s and early 1970s playing a part in Des Moines' great comeback era of the late 1970s and 1980s. And through the family name has been in the real estate market ever since the start on New Years Day 1960, the name itself is undergoing a renaissance as a business icon. Stanbrough Realty changed its name to First Realty in 1983, with Dan as president, grew to 700 sales associates in 60 offices; the family company was later merged into a regional financial institution.

MADE IN

"In 2001, my two sons were in their early 20s and interested and already both investing and building. We decided to bring the family name back into the market, something people hadn't seen in many years. I was encouraged to see how much familiarity our name still had in the community as a real estate company." Gold and black is back!

POLK CITY

Our Philosophy "We try to spend our time understand out customers desires. We ask, 'What do people really want?', 'Where do they want to live?' We know people want nature and amenities such as trees and water; they don't want just buildings, they want quality recreation and lifestyle aesthetics. We're very conscious of conservation. We work around nature. Our new neighborhoods reflect our commitment to developing in harmony with nature."

WHY WOODHAVEN?

As developers, realtors, homebuilders, investors, the Stanbrough Companies contribute at every turn in central Iowa, from high-end residential communities, neighborhood complexes to downtown and urbanlocated west of Parker Boulevard The Woodhaven property is a beautiful piece ofshopping woodedcenters, groundoffice never be developed. Woodhaven,

adjacent to pristine undeveloped property owned by the Federal government as part of the Saylorville reservoir. The development plan offers a nice mix of lot sizes and configurations, many with walkout or daylight capabilities. The site features large, wooded cul-de-sac lots, many backing to Federal Government-owned ground which can

and south of Highway 415 is ideal for families, within walking distance to the North Polk Elementary, the Polk City library, Leonard Park and lakes. The development includes a linear park to provide a future connection to the school and to the 28-mile long Neal Smith Trail system, which runs just behind the lots.

http://www.stanbroughrealty.com/index.php?option=com_content&view=article&id=1&Ite... 1/4/2011 5 0 0 0 W E S T O W N PA R K WAY, S U I T E 4 0 0 , W E S T D E S M O I N E S

|

515.223.4000

|

W W W. K N A P P P R O P E R T I E S . C O M

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Snow Removal • Residential

• Commercial

lu s P Landscaping &

Skid Loader Services

too!

Check out our website! www.wdsmlawncare.com Kurtis Wiedmann • 515-971-0408 • Kurtis@wdsmlawncare.com

Loans for every phase of home construction • Short-term mortgages • Lot loans • Long-term fixed-rate mortgages • Bridge loans • Construction loans Call Bryan today about customizing a loan program to meet your specific needs. He’ll tell you about State Savings Bank’s competitive rates and low down-payment options.

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West Des Moines 4800 Mills CiviC Parkway, suite 100 west Des Moines, iowa 50265

Bryan Rowland

relationshiP Manager (515) 457-9533


Inside this issue Holiday Safety.................................................................. 12 Builder Profile: A Walk-Through Experience With Destiny Homes ........................................................ 18 Home Sales and Prices in Iowa Rose Again in September................................................ 32 www.facebook.com/acquiremagazine www.acquiremagazineonline.com/blog Published by Acquire Magazine, LLC For advertising information contact Rachel Weerheim at 515-650-0834 Publisher’s Notice: All advertisements for the sale, rental, financing, appraisal, & insurance of residential properties is subject to the Fair Housing Act, which generally makes it unlawful to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, national origin, handicap or family status. Acquire Magazine will not knowingly accept any advertising for the sale, rental, financing, appraisal, or insurance of residential properties that include any unlawful preference, limitation, or discrimination.

Letter from the Editor: Valued Readers, Believe it or not, we are wrapping up another year of Acquire Magazine publications. This being our last issue of 2013, we have continued to plan for 2014 lately! Time is running out for all you advertisers to get your contracts in for the upcoming year. There’s no better time to do it than now. Acquire has grown tremendously throughout the last year and we don’t intend on slowing down! I can assure you, you don’t want to miss out! (see page 28 for details)

Along with our first-ever builder profile in this issue, we’ve got other great content just for you! So go ahead, cozy up by the fire with a cup of hot cider and browse through our holiday issue of Acquire!

As proof that we’re growing rapidly, the magazine you’re currently holding is one of our largest issues. We really wanted to bring it home for the end of 2013 and we feel we’ve accomplished that. Speaking of “bringing it home”, I’m sure you noticed Destiny Homes on the cover! Company president, Alan Sprinkle, is featured on page 18, so make sure to check out his builder profile and read his article about the Destiny Homes experience.

Until next time,

Hope you all have a great Thanksgiving, an exciting Black Friday (yes, this is a “holiday” for all of us die-hard shoppers out there!), a Merry Christmas, and a Happy New Year!

Rachel Weerheim Sales Manager

days i l o H y Happ m the fro eam T e r i u q Ac 5


Riverside Casino and Golf Resort, Riverside, Iowa

building strong communities. S inc e 1 9 5 6

Providing civil engineering and land surveying services to the land development and public infrastructure markets.

Our vision is to positively improve the quality of life for those we impact by applying sound, innovative engineering and business principles while enhancing our earth’s natural resources. 6

McClure Engineering Co. 1360 NW 121st. Street, Suite A | Clive, Iowa 50325 O 515-964-1229 | F 515-964-2370

w w w. m e c r e s u l t s .c o m


h i s n i g w f u o o r y i e n r 2 a 0 t a 14? h W You do not need a lot of cash to buy!

$129,900 3835 34th St, Des Moines Text 122786 to 79564 $716.94 FHA Mo. Payment

$399,900 102 1st St SE, Bondurant Text 27788 to 79564 Commercial Property

515-669-7355

$79,900 300 Walnut Ave NW, Mitchellville Text 500178 to 79564 $397.80 USDA Mo. Payment

Fannie Mae & Freddie Mac will once again allow Buyers with 12 months of on time payments on 3 lines of credit. Even with recent bankruptcy, foreclosure and short sales, you can BUY! After 1/1/2014

TO SEE YOURS SOLD SOONER CALL TODAY! Best time to list each year is January 15th!

$27,900 - $49,900 SE Polk Acreage Lots Text 464596 to 79564 1 to 3.5 Acre Building Lots

$35,000 2714 Hickman Rd, Des Moines Text 72596 to 79564 City Lot Perfect for 2 Duplexes

Payments based as of 11/1/13: 96.5% LTV FHA 3.5% with .75% origination, 100% LTV USDA RD 3.75% with 0% origination, all are 30 yr. fixed rate loans. Not all that apply will be approved. Based on a 640+ credit score 45 day rate lock. Rates and terms subject to change daily.

See a SOLD sign sooner! Each office independently owned and operated.

Steven Wolvers | Re/Max Suburban 102 1st St. S.E. | Bondurant, IA Call: 515-669-7355 | Email: remaxslw@aol.com Info on all homes: Text the ID # to 79564

24 hour All MLS Listings:

www.SWolvers.ValuedAgent.com

7


218 Pine Avenue | Norwalk, Iowa Orchard Hills | $242,900 | Listing #11346 • 1,800 SF Two Story • 4 Bedrooms and 2.5 Baths • Great Orchard Hills Development Fr Refrig ee • Norwalk 5 Year Tax Abatement with erator H • 9 Foot Ceilings on Main Level Purch ome ase • Open Floor Plan • Mudroom with Built-in Cubbies • Kitchen with Island and Granite Countertops • Master Suite with Walk-in Closet and Private Bath • Second Floor Laundry • Stylish Archway in Great Room • Gas Fireplace with Stone Surround

Specia l:

Call Kalen for more info on building with Parks Custom Homes!

My Kaywa QR-Code http://www.parkscustomhomesiowa.com/testimonies

Scan this QR Code with your Smart Phone for Customer Testimonials! http://kaywa.me/b9ENX

Kalen Ludwig Kalen@PeoplesCompany.com 515.402.3169 8

www.PeoplesCompany.com

Download the Kaywa QR Code Reader (App Store &Android Market) and scan your code!


$94,900 4209 SW 9th St. | Des Moines Nice 3 bedroom, 1 bath, 1 1/2 story home. Finished bedroom upstairs and 2 on the main level. Total finished is 1642 square feet. Has current rental certificate and rents for $675/month.

$79,900

1421 E Walnut St.

1421 E Walnut St. | Des Moines Great 2 story built in 1910, original refurbished woodwork and floors. 2 BR, 1 1/2 BA, 1216 SF finished. Updated electric, HE furnace and central air, newer windows, roof and siding. 1 car detached garage.

Real Estate Concepts

$180,000 4211-4213 SW 9th St. | Des Moines 4211 SW 9th St. is the Rock Power Pizza restaurant, fully operational. All inventory stays. Accompanied by a home. 4213 SW 9th St. is a 3 bedroom, 2 bath home that currently rents for $875/month.

www.RickSellsIowa.com

4515 Fleur Dr. Ste. 203 Des Moines, IA 50321

$285,595 100 Acres | Lucas County Thick, timbered draws with Black Walnut trees. Electricity and well at old home and barn site. 25 ac woodland, 26 ac hayland, 12 ac cropland, 32 ac of wildlife, 2 ac H-lot, 3 ac of road. Excellent investment property, or hunting. Each Re/Max office is independently owned and operated.

Rick Herron Phone: 515-490-5706 Fax: 866-707-9606 RickH@remax.net Realtor, Retired Vet. CRS, GRI, CDPE, CIAS Licensed in Iowa

Check us out! magazine Home | Land | Commercial

My team has been servicing new construction in Johnston and Waukee with home design, building lots and builder choices for over 15 years. Jason M Breig, Realtor Keller Williams Greater Des Moines 10200 Hickman Road, Suite 100 Clive, Iowa 50325 Licensed in the state of Iowa

Making your

dream home a reality.

www.jasonbreighomes.com 515-868-9572 | jasonbreig@kwdsm.com

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STREE

HIGHWAY 5 BIPASS

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MAFFITT LAKE RD

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Colby Land Development • Adams St. and S. 35th, • West Des Moines: $11,500/acre • Prime ag land w/ extensive future potential development. • All or part available for sale.

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PROPOSED SOUTHWEST CONNECTOR

ADAMS STREET

147.91 ACRES

PLAT 1

S. ORILLA ROAD

2

FOX VALLEY

140 Acres for Sale All or Part

 PLAT 

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NE

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Iowa 5 HWY 5 Bypass

NW RAMP

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S. 42ND STREET

SPEC

Interstate 3

NW

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SE

ARMY POST RD





Colby

Conceptual Drawing

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Des Moines

L

 Colby: Madison County/West

Landscape Architectural Consultants, Inc.

NORTH

Scale: 1"=100'

80 Acres All or Part

0'

100'

200'

Civil Engineering Consultants, Inc.

2400 86th Street . Unit 12 . Des Moines, Iowa 50322 515.276.4884 . Fax: 515.276.7084 . mail@ceclac.com

d O r ing f fe

PLAT 3

 

DRG









S. 35TH STREET

Fox Valley FOX VALLEYPlats

 

Landscape Architectural Consultants, Inc.

NORTH

Scale: 1"=500' 0'

500'

Civil Engineering Consultants, Inc. 2400 86th Street . Unit 12 . Des Moines, Iowa 50322 515.276.4884 . Fax: 515.276.7084 . mail@ceclac.com

1000'

100 Acre Robin Wood Farm + 250 Premium Farm Acres = 350 Available Acres • Warren County’s newest multi-use zoning featuring high traffic count, economic incentives • Mini farms, sustainable acreages • Multi-family • All utilities on site • Priced to sell! • All or part ideal 1031 parcels

DevelopersReal 



10

INDIANOLA, IA

INDIANOLA, IA

Landscape Architectural Consultants, Inc.

Landscape Architectural Consultants, Inc.

NORTH

NORTH

Scale: 1"= 200'

Scale: 1"= 200'

0'

200'

Civil Engineering Consultants, Inc.

Civil Engineering Consultants, Inc.

400'

2400 86th Street . Unit 12 . Des Moines, Iowa 50322

0'

200'

400'

2400 86th Street . Unit 12 . Des Moines, Iowa 50322 515.276.4884 . Fax: 515.276.7084 . mail@ceclac.com


U.S. HIGHWAY #169

250 Acre Premier I-80 Corridor Industrial Development Sites Available Immediately

COMM.

TRUCK PLAZA

4 ACRES

WAREHOUSE

17 ACRES

20 ACRES

WAREHOUSE

SCENIC

LODGE/ CAMP

LARGE RETAIL

37 ACRES

REST PLAZA

14 ACRES

26 ACRES

35 ACRES

COMM. 6 ACRES

TRUCK REPAIR

WAREHOUSE 19 ACRES

8 ACRES

COMM.

COMM. 4 ACRES

5 ACRES

OUTLOT 16 ACRES

ELLEFSON DRIVE

Kading Inc.

With Support Commercial

I-80 & Hwy 169, NE Quadrant, Dallas County  • Iowa crossroads (I-80 East/West, Hwy 169 North/South)

• Elliffson Drive/Hwy 169 ACCESS • City Sewer, Water • 10 minutes to West Des Moines, I-35/I-80 mix master

Conceptual Drawing

930 930 930 930 930

Karen Armstrong Property

KADING PROPERTY DESOTO, IA

10 20 101010 202020 10 20

1030 1030 1030 1030 1030

30

10 10 1030 1030 30 30

10

5.5 AC.

5.5 AC.

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6.5 AC.

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5 AC.



ACCESS

• Desoto has multi-use commercial zoning plan. • Frontage on Hwy 169 on north side. • One mile interstate frontage I-80 westbound and exit ramp west I-80. • Premier automotive, hotel/motel, RV. 5.5 AC. • Dallas County 5.5 AC. • 110.00 acres • City utilities • Starting at $35,000/acre 

940 940940 940 940

970 970970 970 970

C-1

10 AC.

5 AC. 5 AC.

4.5 AC.

5 AC.

Landscape Architectural Consultants, Inc.

4.5 AC. NORTH Scale: 1"=300' 0'

WATER TOWER

990 990 990 990 990

Civil Engineering Consultants, Inc.

300'

600'

2400 86th Street . Unit 12 . Des Moines, Iowa 50322 515.276.4884 . Fax: 515.276.7084 . mail@ceclac.com 1000 1000 1000 1000 1000

1000 1000 1000 1000 1000

0 102 000 102 102 102 0 102

XENIA RURAL WATER DISTRICT

1010 1010 1010 1010 1010



970 970970 970 970





24 24 24

970 970 970 970 970 970 970 970 970 970

1010 1010 1010 1010 1010

NORTH

Scale: 1"=300'

Karen Armstrong Property 0'

10 Acres SOLD

45 Acres

300'

Landscape Architectural Consultants, Inc. 600'

Civil Engineering Consultants, Inc. 2400 86th Street . Unit 12 . Des Moines, Iowa 50322 515.276.4884 . Fax: 515.276.7084 . mail@ceclac.com

• 45 Acres • Hwy 5/65/69 Bypass • Altoona/Des Moines • High Visibility • Price: $1,440,000

Splendid Acres Splendid Acres: • 2-3 acre lots up to 10 acres • Lots starting in the $30,000’s

• Contract terms • On paved R57 • Indianola Schools

Dorrance L. Brezina 3227 111th Street | Urbandale, IA 50322 C: 515-778-0787 | O: 515-278-2741 dorrance_brezina@msn.com

sRealtyGroup.com This map does not represent a professional survey. No liability is assumed for the accuracy of the data delineated herein, either expressed or implied

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Holiday Safety

Planning for the holidays is a busy and joyful time, but all the extra decorations, electrical cords and the parade of people constantly going in and out of your home call for more safety precautions. To help you make this holiday season safe and happy for you and your family, the Home Builders Association of Greater Des Moines has put together this checklist for home holiday safety:

• If you plan to spend the holidays away from home, ask a friend to watch your house and take in your newspaper and mail. Put lights throughout the house on timers to turn them on and off in your normal living pattern. • Cooking is a leading cause of home fires and home fire injuries in the U.S. When you cook, be sure to wear clothes that fit close to the body so they won’t be ignited by hot burners. Do not leave items cooking on the stove and be sure that pot handles are turned in. • If you display a live Christmas tree or live greenery, select the freshest possible. On trees, look for a trunk sticky with sap and for green needles that bend and are secure on the branches. If the tree is moist, it is less likely to catch fire. • When using a live Christmas tree, cut the base at a 45 degree angle. Place it in a container with water and always keep the water level above the cut. • Place trees a safe distance from stoves, radiators, vents, fireplaces and any other heat source that may dry the tree. Inspect the tree for dryness daily. • Inspect all wiring on holiday lights. Defective, worn or frayed electrical wiring should be thrown away. Check for the Underwriters Laboratories (UL) label on lights. Also, be sure to use fixtures specifically designed for outdoor use if you decorate your house, trees or yard. • Use no more than three light sets on any one extension cord. Also, don’t run electrical cords under rugs. Be sure all lights are turned off before you go to bed or leave the house. • Keep candles and other open flames away from decorations. Never leave burning candles unattended and always supervise children when using candles. • Use only non-flammable decorations around your house. • Keep a fire extinguisher in the vicinity of the tree. In case of fire, leave your home and call for help from a neighbor’s home. Plan your family’s escape route now, before you need to get out quickly. • When buying artificial decorations, check for “flameproof” or “fire retardant” qualities. • Keep decorations away from doorways, stairways or other major walking paths. • Dispose of wrapping paper in proper trash receptacles. Never burn wrapping paper in a fireplace. Don’t burn evergreens in the fireplace or in a wood stove to dispose of them. They could flare out of control and send flames and smoke into your house. • Since you are buying batteries for holiday toys and gifts, pick up extras for your smoke detector. • When disposing of your tree and other decorations, check with your local nurseries or home and garden stores to see if they have set up mulching centers. The decorations around your house, lights, gifts, music and the presence of loved ones make this time of year festive and fun. Following just a few simple safety precautions this holiday season will give you and your family some piece of mind during the hectic weeks leading up to the holidays and may prevent fire or injury in your home. Home Builders Association of Greater Des Moines wish you and your family a joyful and safe holiday season. by Creighton Cox, Executive Officer Home Builders Association of Greater Des Moines

12


r u o t u Ch e c k o b si te! e w w e n

Connect Wit h U s

Website | Facebook | Twitter | Instagram | Houzz Visit our Ground Breaker Homes website to see our 13 floor plans and the developments we’re currently building in. Like us on Facebook and follow us on Twitter for all the latest news and open house events.

Scan the QR codes with your smart phone to connect with us

Instagram and Houzz is where we archive all our photos and projects.

Experience the GBH Difference!

12119 Stratford Dr, Ste B | Clive, IA 50325 515.309.0703 | info@groundbreakerhomes.com www.GroundBreakerHomes.com

Kalen Ludwig, REALTOR ÂŽ Certified New Construction Sales Professional 515.402.3169 | Kalen@PeoplesCompany.com

www.PeoplesCompany.com

13


Listing #11358

419 Pine Avenue, Norwalk

Current

Inventory

Style Setter III | 1,720 SF | $256,000

eR Pric

e

d ce u d

Investing in a home by Ground Breaker Homes comes with the assurance of retaining a residential company that demonstrates a steadfast commitment to homeowners in Greater Des Moines. Our standard floor plans feature high-quality amenities and build-to-order homes are constructed with

Listing #11103

extraordinary attention to detail. From the Style Setter to the Ranch Executive, each Ground Breaker project is competitively priced and includes a comprehensive

1012 NE Abbie Drive, Ankeny

Ranch Classic Series | 1,533 SF | $272,500

warranty that adds to the peace and security of owning a new home. At Ground Breaker, we’ll walk you through the process of selecting the right development, the right plan and the right price point to achieve your goals.

Listing #11102

136 Orchard Trail, Norwalk

Ranch Designer Series | 1,709 SF | $329,900 14


These Floor plans Listing #11436

145 SE Trillium Drive, Waukee Ranch Classic Series | 1,533 SF | $289,900

Coming Soon

To Stone Prairie Orchard Hills And The Grove

Listing #11426

621 Sycamore Drive, Norwalk Style Setter Deluxe | 1,941 SF | $269,900

Listing #11438

1011 NW Abbie Drive, Ankeny Style Setter II | 1,748 SF | $250,000

To view photo galleries of these plans and others, please visit www.GroundBreakerHomes.com and go to Home Collections.

Kalen Ludwig, REALTOR 速 Certified New Construction Sales Professional 515.402.3169 | Kalen@PeoplesCompany.com

www.PeoplesCompany.com

Listing #11435

1116 NW Abbie Drive, Ankeny Ranch Classic Series | 1,533 SF | $289,900

12119 Stratford Dr, Ste B | Clive, IA 50325 515.309.0703 | info@groundbreakerhomes.com www.GroundBreakerHomes.com 15


S tart the New Year right, give us a call! Check out these move-in ready listings!

{

4029 Muskogee Ave New kitchen: tile floors, stainless steel appliances, backsplash, counter tops, paint, and more! Must See!

4029 Muskogee Ave | Des Moines $187,500

3319 Brookview Dr | West Des Moines $164,900

4312 New York Ave | Des Moines $185,000

280 Becky Lynn Blvd | Pleasant Hill $152,000

New Plat in Glynn Village in Waukee: Walkout Lots Ready to Go!

New Sites in Woodland Hills West Des Moines: Call for Details!

Fast Growing Plat in Autumn Park in Grimes Waterford Landing in Urbandale December Home Show Site See Page 2

G S Denny Pigneri Homes

Phone: 515-669-4999 kim@kimlayland.com 16

Phone: 515-559-6494 Green Built Projects

Dreamscape Homebuilders

Hubbell Homes

garrett@realestateconcepts.net Leto Custom Homes

Meadowbrook Builders


Call Garrett or Kim if you’re interested in building with Meadowbrook Builders.

4801 150th St | Urbandale $ 432,900

9802 Valley Pkwy | Johnston $ 290,000 | Furnished Model

1430 Sugar Creek Ct | West Des Moines 1454 Sugar Creek Ct | West Des Moines $ 390,000 $ 405,000

9808 Valley Pkwy | Johnston $ 314,900

16515 Dellwood Dr | Clive $ 340,000

Home plans available on our website: www.meadowbrookbuildersllc.com

Enjoy peace of mind when building your new home Watching your new home take shape can be a rewarding experience. And knowing when to lock in interest rates can give you added peace of mind. Our menu of simplified new construction financing is built to help accommodate the needs of today’s homebuyers. Our exclusive Builder Best® program provides you protection from market fluctuations while your new home is being built. With a dedication to excellent customer service, we can help you find a program to meet your needs. • Speed — Competitive interest rates including PriorityBuyer®1 preapprovals within minutes for the majority of homebuyers • Security — Lock in your interest rates and be protected from market fluctuations for up to 12 months2 • Low Down Payment Option — Programs with low down payment for qualified borrowers Emily Trampel has over 14 years of industry experience and is ready to work with you throughout the loan process. For more information or a complimentary consultation, contact Emily today!

Emily Jane Trampel Home Mortgage Consultant 515-202-9811 emily.j.trampel@wellsfargo.com www.wfhm.com/emily-trampel NMLSR ID 38421

1. A PriorityBuyer® preapproval is based on our preliminary review of credit information only and is not a commitment to lend. We will be able to offer a loan commitment upon verification of application information, satisfying all underwriting requirements and conditions, and providing an acceptable property, appraisal, and title report. Preapprovals are subject to change or cancellation if a requested loan no longer meets applicable regulatory requirements. Preapprovals are not available on all products. See a home mortgage consultant for details. 2. A non-refundable participation fee or an extended lock fee will be required for participation in a Builder Best® program. The Builder Best program is allowed with qualified products with lock features ranging from 3 months to 12 months. Due to daily pricing variations between products, you are encouraged to work with your home mortgage consultant to ensure that pricing available on the Builder Best lock feature that you choose is the most advantageously priced Builder Best lock feature for you. Information is accurate as of date of printing and is subject to change without notice. Wells Fargo Home Mortgage is a division of Wells Fargo Bank, N.A. © 2013 Wells Fargo Bank, N.A .All rights reserved. NMLSR ID 399801 AS995194 Expires 11/2013 17


Builder Profile

Discover Your Destiny: A Walk-Through Experience with Destiny Homes

Story by Todd Razor

Personal attention, structural integrity and energy efficiency is top-of-mind for Waukeebased custom builder founded on commitment to excellence in new home construction. When a buyer walks for the first time through the finished doorway of a new custom-built home by Destiny Homes, the owner may feel as if they’ve been inside before. That’s because the Waukee-based homebuilder, founded on a commitment to state-of-the-art craftsmanship reinforced by transparent relationships with its customers, real estate agents and industry partners, gives clients a tour long before the drywall is nailed up. “The first walk-through takes place with your designer to confirm all specifications on a structural, electrical and plumbing level have been met,” says Destiny Homes President Alan Sprinkle. “You can put glitter on everything. A special sink here or custom moldings and trim pieces there. We take special pride in that work. But it’s hard to determine the quality of construction you’re getting until you see the bones.” Sprinkle says the journey for some homebuyers begins with handing him a set of plans while others – hungry for the thrill of a more hands-on approach to the new construction process – sit down with one of Destiny’s Designers to tailor the design of their future dwelling place. Whether a buyer chooses to start from scratch or select from one of Destiny’s existing floor plans, including ranch, story-and-a-half, and two-story models, the same personal attention and passion for excellence on which Destiny has built its reputation leads the customer through the entire building process. “Every buyer has individual needs, wants and desires,” Sprinkle says. “Even if we begin with one of our stock plans, we sit with our customers to design a home that fits the scope of their budget and vision. Want to replace that third bedroom with more living space? Prefer to build-out the kitchen of your dreams in lieu of a dining area? How about a corner office or custom shelves? We’ll put that together.” That versatility has served Destiny well since day one, Sprinkle says, noting that his team puts those details on paper so they can sort everything out on the front end and streamline the building process in the field. For Destiny, that includes Ames to Indianola, Altoona to Adel, and the Des Moines metropolitan area where the fast-growing company has been designing and constructing elegant abodes since 2008. Today, Destiny has housing lots available in Autumn Park and Meadowlark South, both of which are located in Grimes, as well as The Grove in Ankeny, Prairie Vista in Altoona, and Bent Creek Meadows in Urbandale. Three lots, including two walkouts and a flat lot, remain in the homebuilder’s portfolio in Grimes’ North Pointe development –within the boundaries of Johnston Community School District – with new homes priced from the mid-$200,000s.

18


Builder Profile

Sprinkle says Destiny is building multiple homes right now in North Park Estates, with buyers in the higher-end custom home market acquiring large and affordably priced daylight and walkout lots in that Grimes neighborhood. North Park is also located in the Johnston schools district, and features amenities such as an 8-foot-wide sidewalk backing up to a park and easy access to the interstate via Iowa Highway 141. “It’s the best of both worlds,” Sprinkle says. “We’re always out there, building relationships and identifying new lot opportunities for our customers. This diversification of housing lots gives us the ability to meet the needs of multiple buyers with various budget considerations in markets across a four-county area.” Destiny presents buyers with an array of standard features with multiple choices of colors and finishes such as birch, oak, maple or cherry cabinets and flooring options from carpet and tile to hardwood or laminate. Beyond the distinctive finishes – and back to exterior and interior skeletons – Sprinkle says one thing that will never change is the performance and efficiency of each and every home Destiny delivers. In addition to 2x6 construction and energy efficient raised-heel trusses, allowing for the installation of up to 11 inches of insulation, Sprinkle says another “Destiny Difference” is the homebuilder’s devotion to Energy Star®-qualified materials and equipment.

Lots Available in The Grove The Grove located in Ankeny, Iowa, has single-family residential lots available in Plats 1 and 2. Lots have 65’ and 75’ frontages and include a variety of walkouts, daylights, and flats. Located a quarter mile from the proposed Ankeny Catholic School site, just 2.5 miles from the Saylorville Marina, less than 5.0 miles from I-35, and a short commute to anywhere in the Des Moines Metro. Property sits just north of Cherry Glenn Estates, one of Ankeny’s fastest growing subdivisions.

Size of Homes

The Grove Plats 1 and 2 Covenants Ranch Home: minimum 1,330 SF Story and a Half: minimum 1,630 SF Two Story: minimum 1,630 SF

Setbacks

Front yard setbacks are 30 feet. Rear yard setbacks are 35 feet. Side yard setbacks are 8.5 feet on each side, with 16 feet total between each home.

Average Buildable Width

The average buildable width is 49 to 75 feet. Buildable width is the amount of distance between the side yard setbacks and would be the maximum width for a future home located on that lot.

Lot Prices

The lot prices are listed from $44,500 to $78,500.

Nearby Schools With Windsor Windows, a 96 percent efficient furnace, 14 SEER air conditioners and optional energy efficient appliances, homeowners can expect to save on utility costs while enjoying the added comfort and protection against cold, heat, drafts, moisture, pollution and noise. Consistent temperatures between and across rooms, improved indoor air quality and greater durability are additional benefits. Destiny provides a one-year home warranty administered by the builder, a fully transferable 10-year structural warranty through Residential Warranty Company, and 24/7 access to warranty assistance service requests via the company’s website at www.destinyhomesusa.com. Sprinkle says accessibility is a huge selling point for Destiny with everyone on staff available to meet with customers, Realtors®, vendors, suppliers, and craftsman. Destiny also presents homeowners with a detailed timeline and precise budget before it begins the construction process, covering off on all the important details to make the experience as stress free as possible for its customers.

Ankeny maintains four facilities within the area: Westwood Elementary (PreK-5), Prairie Ridge Middle School (6-7), Northview Middle School (8-9), and Ankeny Centennial High School (10-12). More information can be found at: www.ankeny.k12.ia.us

Plans for Future Development

An additional 80 acres to the North of Plats 1 and 2 will be developed into single family lots.

Ankeny Future Development

For economic development info: www.ankenyiowa.gov/Index.aspx?page=7

19


Builder Profile

“Our team is flexible and up-to-speed on best practices in homebuilding, from new energy codes to modern architectural styles and the latest construction techniques,” Sprinkle says. “Some buyers may take one look at the standard features in our Metropolitan or Rural style floor plans and say, ‘Yes, that’s what I want.’ Another will tell us they’d really like to see white marble tile or black granite countertops. We’ll help them determine exactly what their home will look like. “The second walk-through takes place a few days prior to closing. Destiny puts the buyer through all these important steps to ensure complete satisfaction as we move forward.”

For More Information: Destiny Homes Alan L Sprinkle, President 750 SE Alice’s Road | Waukee IA, 50263 515-216-1015 (O) | 515-216-1016 (F) www.destinyhomesusa.com

School District: Ankeny

Zoning: R-1 Single Family

Directions: From I-35, take the 1st St exit and head west approximately 4.3 miles to Abbie Dr. Turn right heading north on Abbie Dr. and continue 0.5 miles.

NW 13th St.

NW 11th St.

PLAT 2

PLAT 1

Abbie Dr.

Description: 29 8 single-family residential lots available in Plat 1 of The Grove located in Ankeny, Iowa. Plat 2 available for fall construction. Lots have 65’ and 75’ frontages and include a variety of walkouts, daylights, and flats. Located a quarter mile from the proposed Ankeny Catholic School site, just 2.5 miles from the Saylorville Marina, less than 5.0 miles from I-35, and a short commute to anywhere in the Des Moines Metro. Property sits just north of Cherry Glenn Estates, one of Ankeny’s fastest growing subdivisions.

Ankeny

Orchard Dr.

The Grove

Contact for lot specific pricing, plat maps, and covenants. PARK

Steve Bruere: 515-240-7500 info@DiligentDevelopment.com

20


Kalen L udwig

featured in the Business Record Commercial Real Estate Guide commenting on current lots prices and inventory Scan the QR code with your smart phone to read the article

Current Market Snapshot Des Moines Metro Area

Total Active New Construction Active Total Pending New Construction Pending Total SOLD New Construction SOLD

As of Sept 2013 2,844 510 1,348 347 5,192 875

As of Sept 2012 2,897 450 1,064 273 4,925 873

As of Sept 2011 3,563 483 1,069 225 3,656 646

*Sold includes single-family homes sold in calendar year.

Greater Des Moines is on track to outpace 2012 transactions by the end of this year.

Q3 2013: Des Moines Metro Market Snapshot

Visit my blog for more info on the Des Moines Metro’s Q3 Housing Market

Kalen Ludwig: Your New Construction Specialist Give me a call to pick out your house plan, lot and builder to fit your budget and style! Kalen Ludwig, RealtorÂŽ Certified New Construction Sales Professional 515.402.3169 | Kalen@PeoplesCompany.com 21


S

S

S

Verona Hills South Plats 1 and 2 Clive We’re quickly selling through our lots in Verona Hills South. Great schools and a prime location just north of Douglas on Alice’s Rd. make this a great place to live. Contact the agent today to discuss multiple plans on a variety of lots, homes from $300-$400k.

Newblood Development:

an aggressively growing real estate development company in the Greater Des Moines Area. We pride ourselves on blending cutting edge design and top of the line quality, all for an

16749 Verona Hills Drive Clive Brand new Verona plan on lot 4 within Verona Hills South, a walkout with a gently sloping backyard. 5 bed, 3 bath with a huge lower level living/ rec room and full bar with game area. Tons of light and top of the line finishes. $445,900

S

! D OL

16742 Verona Hills Drive Clive We are putting the finishing touches on this energy efficient 4 bedroom 2 story with office and high quality finishes; perfect for your growing family. Located on lot 9 of Verona Hills South in Clive, this home has a massive backyard!

Single Family Homes Custom Homes Townhomes & Condos Land Development Commercial Build to Suit Construction Management

Eric Grubb, CCIM 515.975.7441 Eric@NewbloodDevelopment.com

Similar to Photo

16629 Maple Street Clive Just started framing on this Bennington 2 story plan with 2400 sq ft and all the upgrades and features that make this a Newblood home. Great walkout lot blocks from Shuler Elementary make this a great place for your growing family! $379,900

Similar to Photo

w w w. n ew b l o o d d eve l o p m e n t .c o m 22

affordable price.

Jeff Stanbrough, CCIM 515.202.6649 Jeff@NewbloodDevelopment.com

Jen Stanbrough 515.371.4814 jstanbrough@firstrealtyhomes.com


visit us at

www.ChadIreland.com

CSI Homes & Development LLC, established in 2009 strives to exceed your expectations as a leader in the building industry by going above and beyond the “industry standard” by ensuring our customers experience and the product we provide is exceptional. We know the building process is big deal and it is important to us to provide excellent customer service and quality products. CSI contributes much of their success to the relationships established between us and our business partners, from dirt to door knobs each step is equally important. It’s this thinking that ensures only the nest materials and best work goes into a CSI Home. These relationships also allow us to stay competitive with our pricing. CSI is an innovative, locally owned and operated company. Chad Ireland, the owner of CSI Homes & Development, is a lifelong resident of Ankeny and has been in real estate for 22 years. Chad believes in building it right. The CSI family invites you to come see the difference that building with us will bring. We offer quality innovative designs, only the nest customer service and pricing that will stand up to any of our competitors. Come meet the CSI team!

23


Diligent Development

Bluestem

Waukee

Plat 1 Available for Fall Construction Description: Bluestem will consist of 86 single family residential lots including 14 lots in Plat 1 available for 2014 construction. Lots in Plat 1 range in size from 8,125 sq. ft. to 12,711 sq. ft. Bluestem is ideally located in one of the Metro’s fastest growing communities on SE LA Grant Pkwy, adjacent to the existing Waukee Middle School as well as a future school site, and just over one mile from the Waukee High School. Great access to University Ave, Ashworth Rd, I-80 and I-35, and the future Alice’s Rd extension. School District: Waukee Zoning: R - Residential Directions: Travel west from Interstate 80/35 on University Ave/ Hwy 6 into Waukee, IA. Turn south on SE LA Grant Pkwy and continue approximately one mile. Bluestem is located on the east side of the road directly south of the existing Middle School.

PLAT 1 SE Tallgra

ss Ln.

SE Bluestem Ct.

Contact for lot specific pricing, plat maps, and covenants. Peoples Company Listing #11386

Steve Bruere 515-240-7500 Steve@PeoplesCompany.com

© 2013 Diligent Development We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

PLAT 2

SE Bluestem Dr.

SE Blazing Star Dr.

SE L.A. Grant Pkwy.

SE Sunflower Dr.

SE Wild Iris Dr.

PARK

12119 Stratford Drive, Suite B | Clive, IA 50325 | (515) 309-0705 | info@DiligentDevelopment.com | www.DiligentDevelopment.com 24


Diligent Development

Stone Prairie

Waukee

Plats 2 and 3 Available for Fall Construction Description: 20 12 lots available in Plat 2. 12 lots in Plat 3 available for fall construction. Stone Prairie is ideally located in one of the metro’s fastest growing communities on SE LA Grant Parkway, adjacent to the existing Waukee Middle School as well as a future school site, and just over one mile from the Waukee High School. Great access to University Avenue, Ashworth Road, I-80 and I-35, and the future Alice’s Road extension. School District: Waukee Directions: Travel west from Interstate 80/35 on University Ave/ Hwy 6 into Waukee, IA. Turn south on SE LA Grant Pkwy and continue approximately one mile. Stone Prairie is located on the west side of road directly across from Waukee Middle School. e 312th Plac

Contact for lot specific pricing, plat maps, and covenants.

SE Trilliu

Steve Bruere 515-240-7500 Steve@PeoplesCompany.com

© 2013 Diligent Development We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

S E St

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Dr.

PLAT 1

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W

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SE L.A. Grant Pkwy.

SE Aster Ct.

Peoples Company Listing #1626

PLAT 3 Future PLAT 4 PLAT 2

PARK

12119 Stratford Drive, Suite B | Clive, IA 50325 | (515) 309-0705 | info@DiligentDevelopment.com | www.DiligentDevelopment.com 25


Ask Madden Construction About the New Construction 5 or 10-Year Tax Abatement

in Des Moines and Norwalk!

Madden Construction has buildable lots in Norwalk, Easter Lake and Des Moines area to build custom homes on.

Norwalk - New Homes

2880 Jaden Lane $167,900 NEW! {Merritt Plan} - 1438 sq. ft., 3 bed, 2.5 bath. Great layout. Large master w/ walk-in closet and bath. Huge second floor laundry room. Bonus area in garage. Daylight windows, bath stub, egress window all in lower level. 5 year tax abatement on 30% of dwelling value. • Association gets use of pool & clubhouse at the Legacy! 2882 Jaden Lane $164,900 {Cambridge Plan, Full Porch Version} - 1383 sq. ft., 3 bed, 2.5 bath. Large kitchen w/ breakfast bar and pantry. Vaulted ceilings. Second floor laundry. Huge master w/ walk-in closet. Daylight windows, bath stub, egress window all in lower level. 5 year tax abatement on 30% of dwelling value. • Association gets use of pool & clubhouse at the Legacy! 2881 Jaden Lane $167,900 {Cambridge Plan} - 1369 sq. ft., 3 bed, 2.5 bath. Walkout lower level. Great kitchen w/ breakfast bar and pantry. Vaulted ceilings. Second floor laundry. Huge master w/ walk-in closet. Daylight windows, bath stub, egress window all in lower level. 5 year tax abatement on 30% of dwelling value. • Association gets use of pool & clubhouse at the Legacy!

Madden Construction’s New Homes Feature: • H.E.R.S. Rated for Top Performing Energy Efficiency • 92% High Efficiency Furnace • Lo-E/Argon Gas Filled Windows • Large Kitchen/Pantry • Birch Cabinetry • Vaulted Ceilings

Des Moines - New Homes

6225/6255 SE 19th $163,500 {Oakhurst Plan} - 100’ x 340’ lot. 3 bed, 2 bath, 2 car attached garage. Vaulted ceilings, pantry. Full basement egress window and bath stub. Covered front deck. 784 acre lot! • 5 year tax abatement on 100% of dwelling value 803 SE Granger $145,500 60’ x 120’ lot. 1600 sq. ft., 3 bed, 2 bath. Very open plan w/ vaulted ceiling throughout. On slab and 2 x 6 exterior walls. Very energy efficient. 2 car attached garage and 3 car detached w/ electric. Large covered patio. Wood floors. Tile floors in bath. Huge master suite w/ walk-in closet. A must see! • 10 year tax abatement on dwelling value

er und ction u tr cons

6812 Sweetwater $173,900 {Cambridge Plan} - 1369 sq. ft. 3 bed, 2.5 bath. Walkout lower level. 3 Lakes Estates. Home backs to 2 lakes. Great view. Awesome kitchen w/ breakfast bar and pantry. Vaulted ceilings. Second floor laundry. Huge master bedroom with walk-in closet. Daylight windows, bath stub and egress windows all in lower level. 2 car attached garage. • 5 year tax abatement on 100% of dwelling value

• Raised Panel Doors • Laminate Floors • Custom Paint • Passive Radon Mitigation Installed

Ask about special financing options through our preferred lender, Wells Fargo Home Mortgage

Contract or Bank Financing

2302 Avery Ave, Norwalk $136,900 3 bed, 1.5 bath, crawl space, major updating. Like new. 2 family rooms, mudroom, first floor laundry. Huge 24’ x 30’ garage. Super close to city pool and park. Great location! Must see! • Contract Terms: 30 Year Amortization, 7 Year Balloon, $12,000 Down 6225/6255 SE 19th, Des Moines $163,500 {Oakhurst Plan} - 100’ x 340’ lot. 3 bed, 2 bath, 2 car attached garage. Vaulted ceilings, pantry. Full basement egress window and bath stub. Covered front deck. 784 acre lot! • 5 year tax abatement on 100% of dwelling value • Contract Terms: 30 Year Amortization, 7 Year Balloon, $20,000 Down

Jason J Beard Home Mortgage Consultant NMLSR ID 8509 515-237-5435 www.jbeard.com Wells Fargo Home Mortgage is a division of Wells Fargo Bank, N.A. © 2012 Wells Fargo Bank, N.A. All rights reserved. Equal Housing Lender. NMLSR ID 399801 AS998507. Expires 12/2013.

Todd Madden 710-4226 | Rick Madden 710-4227

5909 Grand Avenue Des Moines, Iowa 50312 26

515-255-1557 | www.MaddenConstruction-Realty.com | Equal Housing Opportunity


Eric J. Grubb, CCIM <<<< 515-975-7441 >>>>

eric@solidgroundiowa.com

F e at ure d De v e l op me n t s Timberview <<<< Adel >>>> Verona Hills South <<<<< Clive >>>>>

S S S S

• Located just 1 mile north of Hickman Ave and Alice’s Rd

S

• Waukee school district S

• 70’, 75’, and 80’ lots priced from $50-$70k’s •

Plats 1, 2 and 3 Now Available!

Ledgestone <<< Ankeny >>>

• Introducing Timberview Plat 1, now available for construction! • 70’-75’ lots with several walkouts backing to timber • Directly south of ADM High School, all City services •

7 Year Tax Abatement!

• Just west of Otter Creek Golf Course in NE Ankeny • Plats 5 and 6 now available • Plat 7 Summer of 2014

S

SO

LD

• NE Ankeny school district • 65’-70’ lots with just 5’ sideyard setbacks, priced in the $40k’s • 36th St I-35 Interstate Exit NOW OPEN!

27


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For more information, give Rachel a call today!

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magazine Home | Land | Commercial

www.acquiremagazineonline.com 28

per month


Orchard Hills Development Plat 5 Norwalk, Iowa 14

Walkout

1

Daylight

2

13

Standard

3

12

4

11

5

10

6

9

• • • •

4 Lots Available Starting at $46,900 Norwalk School District 5 Year Tax Abatement

8 7

Call Kalen for more information on lot sales!

501 Braeburn Drive, Norwalk • $264,900 • 3 bedroom and 2 bath • 1,503 finished square feet • Peoples Company Listing: #11366

505 Braeburn Drive, Norwalk • $289,900 • 4 bedroom and 3 bath • 2,300 finished square feet • Peoples Company Listing: #11365

Kalen Ludwig: 515-402-3169 Kalen@PeoplesCompany.com www.PeoplesCompany.com

Quality, Practical, Affordable Home Ownership www.tanzanitehomes.com 29


Diligent Development

Orchard Trail

Norwalk

Description: Residential lots available throughout the coveted Orchard Hills Development in Norwalk, IA. Now selling lots in Orchard Trail Plat 3. Something for everyone including daylight, flat, walk-out, cul-de-sac, treed lots. Take advantage of the residential tax abatement offered through the City of Norwalk. Located in the highly sought-after school district of Norwalk. Close to schools, parks, and churches. Enjoy the feel of small-town living while taking advantage of the Metro amenities. Development is located 1.3 miles from Norwalk High School, 5.1 miles from Interstate 35, and just a short commute to anywhere in the Des Moines Metro. School District: Norwalk Zoning: R - Residential G14

Tangelo Cir.

Contact for lot specific pricing, plat maps, and covenants.

Trevor Ct.

Pine Ave.

28

Lutheran Church

Orchard Hills

Orc

Braeburn Dr.

Rellim Dr.

Peoples Company Listing #1910

Pine Ave.

Kitterman Cir.

Saint Johnâ&#x20AC;&#x2122;s Catholic Church

Aspen Dr.

W. North Ave.

Sycamore Dr.

Directions: From West Des Moines, travel south on I-35. Take exit 65 toward Cumming. Head west on Hwy G14 and continue approximately 5.1 miles. Turn south on Sycamore Dr. into development.

Pi n

eA ve

.

Apple Blossom Cir.

har dH Dr.

Re

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Orchard Ridge

Or ar

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ch

llim

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Steve Bruere 515-240-7500 Steve@PeoplesCompany.com

c Sy

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Sunset Dr.

ills

Elm Ave.

r mo

Future Single-Family

Braeburn Dr.

Š 2013 Diligent Development We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

PARK Wright Road

McAninch Sports Park

28

12119 Stratford Drive, Suite B | Clive, IA 50325 | (515) 309-0705 | info@DiligentDevelopment.com | www.DiligentDevelopment.com 30


Diligent Development

The Grove

Ankeny

Description: 29 8 single family residential lots available in Plat 1 of The Grove located in Ankeny, Iowa. Plat 2 available for fall construction. Lots have 65’ and 75’ frontages and include a variety of walkouts, daylights, and flats. Located a quarter mile from the proposed Ankeny Catholic School site, just 2.5 miles from the Saylorville Marina, less than 5.0 miles from I-35, and just a short commute to anywhere in the Des Moines Metro. Property sits just north of Cherry Glenn Estates, one of Ankeny’s fastest growing subdivisions. School District: Ankeny Zoning: R-1 Single Family Directions: From I-35, take the 1st St exit and head west approximately 4.3 miles to Abbie Dr. Turn right heading north on Abbie Dr. and continue 0.5 miles.

NW 13th St.

Contact for lot specific pricing, plat maps, and covenants. Peoples Company Listing #10653

© 2013 Diligent Development We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

PLAT 1

Abbie Dr.

Steve Bruere 515-240-7500 Steve@PeoplesCompany.com

PLAT 2

Orchard Dr.

NW 11th St.

PARK

12119 Stratford Drive, Suite B | Clive, IA 50325 | (515) 309-0705 | info@DiligentDevelopment.com | www.DiligentDevelopment.com 31


Homes Sales and Prices in Iowa Rose Again in September Amy Lucht, Communications Coordinator | Iowa Association of Realtors® | amyl@iowarealtors.com

CLIVE, IOWA (Oct. 21, 2013) – According to the latest housing report from the Iowa Association of Realtors® (IAR), home sales and prices continued to follow the upward trend again in September.

“Due to the high number of pending sales we had during the summer, the September numbers are consistent with what we expected,” said Don Marple, president of the Iowa Association of Realtors®.

The September 2013 Housing Trends Report showed that sales rose 7.1 percent from this time last year. A total of 3,020 homes sold/closed this September, while only 2,819 homes sold/closed in September 2012.

“September marked the end of the third quarter, which looked good overall as well,” added Marple. IAR reports that sales and prices were up in Quarter 3 (Q3) 2013 when compared to Q3 2012. Closed sales were up 11.7 percent for the quarter, as 10,002 homes sold/closed in Q3 2012 and 11,171 homes sold/closed in Q3 2013. There was a 6.6 percent increase in the median sale price from Q3 2012 to Q3 2013. The median sale price in Q3 2012 was $129,500 while the median sale price in Q3 2013 was $138,000. The average sale price increased by 7.8 percent, jumping from $150,349 in Q3 2012 to $162,038 in Q3 2013. Days on the market saw the biggest change, dropping 19.8 percent from 96 days in Q3 2012 to 77 days this quarter.

Third quarter sales were up significantly from sales in the third quarter of previous years, and were the highest since the third quarter of 2005.

The median sale price increased by 6.4 percent, rising from $125,000 in September 2012 to $133,000 this year. The average sale price also went up 3.9 percent. The average sale price was $148,158 in September 2012 and $153,890 in September 2013. Days on the market were down by 15 days, or 16 percent. The average number of days on the market in September 2012 was 94 days, while the average in September 2013 was just 79 days. Although new active listings increased by 11.7 percent in September, the statewide inventory of homes on the market still decreased 4.5 percent from last year. Inventory was 20,982 in 2012, and 20,039 in September 2013. Last September there were 4,270 new active listings, while there were 4,770 new active listings this September. The months’ supply of inventory (MSI) was 6.5 months, down 12.2 percent from last year.

The quarterly average and median price were the highest since the IAR began automatically collecting closed sales information in 2005.

“Year-over-year for the third quarter, 2013 had the highest number of sales since the third quarter of 2005,” says Marple. “Along with the good news of increased sale prices, the significant decrease in days on the market illustrates that the trend of upward pricing is sustainable in our current market,” says Marple.

The information used to create the IAR September 2013 Housing Trends Report was current as of October 14 at 11:30 a.m. The information is subject to change due to the dynamic nature of the IAR’s housing statistics system, which is updated hourly based on information present in local participating MLS (multiple listing service) systems. The term Realtor® is a registered trademark, which identifies real estate professionals who follow a strict Code of Ethics as members of the National Association of Realtors®. This year marks the 100th Anniversary of the Code of Ethics. The Iowa Association of Realtors® is the state’s largest real estate professional organization representing nearly 6,200 members and affiliates. The IAR releases a Housing Trends Report each month. Data is collected from local Realtor® boards through their multiple listing service (MLS), which tracks sales activities in the board area. IAR compiles all of the local board data into the statewide report each month. Reports are available online to IAR members and affiliates with a login and password. Anyone is eligible to become an IAR affiliate. For membership information, visit www.iowarealtors.com.

32


P r e s e n t e d b y:

Friday, February 28th, 2014 | 11:30 a.m. Sheraton West Des Moines Hotel 1800 50th Street West Des Moines, IA 50266 Those who have an interest in learning about the state of the Des Moines Metro housing lot inventory should mark their calendars for the 7th Annual Builder & Developer Luncheon presented by Peoples Company, Diligent Development and Acquire Magazine on February 28th.

Our keynote speaker, Dr. Vincent J. Malanga

is currently President and Chief Executive Officer of LaSalle Economics Inc., a consulting firm that specializes in financial market analysis and economic forecasting for industrial organizations and financial institutions. In the 1970s Dr. Malanga began his career as an instructor of economics at Fordham College. He was then affiliated with the Federal Reserve and subsequently various Wall Street Investment Banks. In 1983 Dr. Malanga formed LaSalle Economics. He is a regular speaker for the Professional Farmers Institute as well as many other trade organizations. Dr. Malanga has been a guest lecturer at several universities and he continues as an adjunct economics lecturer at Fordhamâ&#x20AC;&#x2122;s Graduate Business School. He has authored numerous studies for the federal government. He is widely quoted in the financial press and other news media. Dr. Malanga has been a principal at several money management firms over the years, specializing in fixed income and the agricultural and energy markets.

P r e s e n t e d

Lunch Provided RSVP to Becky Van Leeuwen: 855-800-LAND (5263) or Becky@PeoplesCompany.com

www.PeoplesCompany.com 515-222-1347

www.DiligentDevelopment.com 515-360-8687

b y :

www.AcquireMagazineOnline.com 515-650-0834

33


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Call any of our agents: 277-7945 Glenn Ballard: Linda Bode: Bob Craven: JoAnn Erpelding: T.J. Fazio: 34

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