darley green

model Darley Green kitchen

Why Homebuyers Are in Love With Open Floorplans

An open floorplan joins together the living room, dining area, and kitchen into one large, open space, effectively creating a clear visual field throughout much of the main floor. Open floorplans became very popular during the 1990s and have been an enduring trend ever since. They mark a significant departure from older homes, which typically feature separated rooms branching off a main hallway, with the kitchen closed off toward the back of the home.

The shift toward an open floorplan is representative of the shift in socializing trends; today, guests are encouraged to mingle in the kitchen as the host puts the finishing touches on the meal.

There are numerous advantages to the open floorplan, which is why Montchanin Builders embraces this design technique in our exquisite, spacious townhomes and condos in Darley Green.

Open floorplans allow for better flow of traffic

One of the main reasons why homebuyers love open floorplans is that they allow for superior traffic flow. With fewer hallways to navigate, doors to open, or walls blocking space, it’s less likely that people will bump into each other. This is particularly advantageous when homeowners are hosting get-togethers.

In an open floorplan home, all of the guests can freely mingle without having to be crammed into one smaller room together.

They offer superior flexibility regarding the layout of the home

Homes that follow the traditional, pre-war floorplan that divides various areas into separate rooms can be challenging to furnish. There is little flexibility regarding the layout of the furniture. With an open concept floorplan, homeowners can more easily arrange the furniture to their liking. Furthermore, there are more configuration possibilities.

If the homeowners grow tired of the first layout or wish to purchase new furniture, it’s easier to adapt to a new layout without the interference of partitioning walls.

Homes with open floorplans tend to offer better real estate value

Many homeowners make house purchasing decisions with an eye toward a future sale. It’s typically preferable to purchase a home that can be reliably expected to increase in value over time. Another reason why home buyers are in love with the open concept floorplan is that it holds its real estate value over time. In fact, homes with an open floorplan are typically valued higher than those with the traditional layout.

Explore move-in ready homes in Delaware

If you’re in love with the open floorplan concept, you’ll be thrilled with the townhomes and condos of Darley Green, a master-planned community characterized by open green spaces, neighborhood gathering areas, and plenty of nearby amenities. Our new construction homes in New Castle County, Delaware, offer plenty of square footage coupled with thoughtful, customizable open floorplans.

Call Montchanin Builders today to schedule a tour and inquire about our special financing offers.

Why Home Sellers Are Thriving This Winter

Selling a home can be a lot of work. The good news is that you’ll have the opportunity to move into your dream home. Perhaps you’ve been dreaming of a more spacious home with plenty of storage, a flex room, or a guest room for visiting relatives. Thanks to the current market conditions, it’s an excellent time for home sellers to get to work staging their current homes and putting them on listing sites. Because of the limited inventory available and the historically low mortgage rates, home sellers have been thriving this winter.

A limited inventory makes now a great time to sell

This winter is turning out to be a home seller’s market. The reason is the limited availability of homes on the market. In fact, according to the National Association of Realtors (NAR), there is only about a 2.3-month supply of unsold homes right now, assuming that the current pace of home sales holds steady. This is lower than December’s inventory, which stood at about a 2.5-month supply.

Both of those figures are a far cry lower than the average. A neutral housing market—that is, neither a buyer’s nor a seller’s market—is thought to have about a six-month supply of homes for sale.

Selling your home in a seller’s market is advantageous for a number of reasons. First, you’re likely to get top dollar for your home, even if you don’t make an extra effort to renovate it beforehand. Second, when you do put your home on the market, it’s likely to sell quickly. This will allow you to pack up and move on to your dream home without having to waste time worrying about whether your old house will sell.

Rates are at historic lows

During 2020, the housing market saw incredibly low mortgage rates throughout the year. These historic lows are expected to continue throughout much of 2021. This is beneficial to home sellers for two reasons.

First, home buyers will have an easier time affording properties, which means your old home is more likely to sell quickly. Second, you’ll be able to save big bucks on your mortgage for your dream home. However, it’s not known exactly when those mortgage rates will start to climb. It’s best to act quickly to take advantage of current market conditions.

There’s never been a better time to move to the suburbs

If historically low mortgage rates and a low inventory weren’t enough to convince you that now is the time to sell your home, consider the pandemic. Even though vaccines are now available on a limited basis to certain individuals, it will be a long time before things get back to normal. Right now is a great time to move to the suburbs, where there is plenty of wide-open space for social distancing and green spaces for safer recreation outdoors.

Check out these new homes in northern Delaware

The suburbs around Wilmington, DE, are an ideal place for those looking to escape big city life. At Montchanin Builders, we build master-planned communities that are designed to provide an Old World ambiance, yet are close to major amenities. In our Darley Green community, you can enjoy wide open green spaces, along with close proximity to shops and restaurants.

Call today to schedule a tour!

Why Early 2021 Is a Great Time for Homebuyers to Act

If you’ve been thinking about buying a home, but aren’t sure whether right now is the best time to act, you’ll be pleasantly surprised to learn that market conditions are favorable right now. Mortgage rates are expected to stay historically low, and experts predict that home prices will stay relatively steady. Don’t wait too long to begin checking out beautiful new homes in northern Delaware.

Mortgage rates are expected to stay favorable

Last year, many first-time homebuyers took advantage of extraordinarily low mortgage rates. These favorable market conditions are expected to continue through at least the early part of 2021. In fact, the Mortgage Bankers Association expects 30-year loans will have an average rate of 3.1%. Fannie Mae is even more optimistic, predicting these home loans will have an average rate of just 2.8%. Freddie Mac has split the difference, with a prediction of 3% that it expects to last the entire year.

Price increases will slow down

Property is a commodity that can be relied upon to increase in value over time, which is one of the main reasons why people choose to buy homes. If you purchase a condo or a townhouse in the master-planned community of Darley Green, for instance, you can expect its value to rise throughout your ownership of the property.

The good news for homebuyers is that the average price of homes isn’t expected to rise as much during 2021 as in previous years. Last year, home prices rose by about 5.1%. This year, the Mortgage Bankers Association expects an increase of just 2.4%. Freddie Mac expects home prices to rise by an average of 2.6%.

The pandemic isn’t going away anytime soon

Despite the FDA approval of COVID vaccines, it will be quite some time before a significant portion of the population is vaccinated. It’s going to be necessary to practice social distancing and other public health protocols well into the summer and possibly beyond. Unfortunately, for those who live in apartment buildings or on busy streets, it isn’t always easy to stay at least six feet apart. Apartment dwellers often come into close proximity to each other while using the elevator or visiting the laundry facilities, for example.

The pandemic restrictions have encouraged many people to consider making the leap to homeownership. It’s more popular than ever to move out to the suburbs.

Walkable communities such as Darley Green are particularly popular, since they offer many opportunities for outdoor recreation, away from crowded gyms. Because of the popularity of these move-in ready townhomes, it’s best not to wait too long to start house hunting.

View new homes in northern Delaware

Take advantage of market conditions favorable to homebuyers by viewing the move-in ready homes in Delaware by Montchanin Builders. Our master-planned community, Darley Green, still has some home sites available. Contact us today to schedule a viewing.

When you tour Darley Green, you’ll note its neighborly ambiance, wide-open green spaces, and close proximity to community amenities, such as fine dining, shops, and exceptional schools. Call today to begin exploring our condos and townhomes, and be sure to ask us about our special financing offers!

5 Fun and Safe Ideas for Halloween 2020

Halloween is right around the corner, and this year’s celebrations may need to be more creative than they’ve ever been before. Because of the pandemic, trick or treating, haunted houses, and holiday parties may not be on the agenda this year. Fortunately, there are still plenty of ways to celebrate the spookiest day of the year while staying safe.

Here are some tips for celebrating Halloween in 2020:

Make a Front-Yard Pumpkin Display

One of the great things about Halloween is that it’s easy to participate in many of the holiday’s most beloved activities even if you’re staying in. Carving jack-o’-lanterns is something that people of all ages can enjoy, and 2020 is the perfect time to create a truly memorable pumpkin display for your front porch. You might carve an entire family of pumpkins, each with its own unique face and personality.

Have a Virtual Party

While in-person costume parties may not be feasible this year, virtual parties are! Thanks to Zoom and other video apps, you and your friends can dress up and impress each other with your costumes without ever leaving your homes. Since you won’t have to worry about walking or driving, this could be the year to indulge and create a more elaborate costume than usual.

Host a Candy Scavenger Hunt

If you have children to entertain, then having a scavenger hunt for candy—either in your backyard or your home—can be a fun substitute for trick or treating. Buy as many types of candy as possible, then give yourself at least an hour to hide them in different spots. If you use the backyard, make sure that you do a quick inspection after the hunt so you can be sure that you’ve found all of the candy!

Visit a Pumpkin Patch

If there is a pumpkin patch in your area that is following proper safety procedures, including social distancing, then visiting it to pick out pumpkins can be a fun and relatively safe outdoor activity. Make sure to bring hand sanitizer and to use it before and after touching the pumpkins, and wear masks whenever you are around others. Keep in mind that costume masks should not be used instead of proper face masks and that the two should not be worn together.

Try One-Way Trick or Treating

Another alternative to traditional trick or treating is one-way trick-or-treating, in which you put treats in individually wrapped bags and put them in a safe place for others to pick up. If you decide to do this, be sure to wash your hands thoroughly before handling the treats.

Find Your Dream Home Near Wilmington, Delaware

If you are looking for a new home that combines spacious living, beautiful natural surroundings, and proximity to all the amenities of a thriving big city, the gorgeous townhomes and condos at Montchanin Builders’ walkable community at Darley Green in Wilmington, DE, could be perfect for you.

If you would like to learn more about our new homes in northern Delaware, then give us a call today to schedule a viewing! Our friendly team is here to answer your questions, and we can also provide you with information about our special financing offers for first-time home buyers.

What Sellers Can Expect From a Home Inspection

The home inspection does not need to be the most stressful aspect of selling your home. Even if your inspection report reveals areas that need to be addressed with the property, you’ll have the opportunity to address anything that comes up and entice potential buyers to seal the deal.

One of the great advantages of buying a new construction home from Montchanin Builders is that you never have to worry about hidden surprises – from the roof to the plumbing to the warranted interior finishes, everything is brand-new, working perfectly, and up to code. The old home you’re selling may have to pass inspection, but your new move-in ready home at one of our breathtaking walkable communities has already passed a thorough building inspection process with flying colors. There’s nothing you need to do but move in and start enjoying your new amenities, appliances, and finishes – and the gorgeous open-space floor plan of your choosing!

Selling a house before moving into your Montchanin Builders dream home? Here are the most important things that sellers need to know about the home inspection process.

You can schedule a pre-listing inspection

It’s customary for the home buyer to arrange for the inspection of the home after making an offer, but prior to closing. However, as the seller, you can schedule a home inspection before you even put your home on the market. This may be a good idea if you have an older home and you’re motivated to fix items in order to get the highest possible purchase price.

However, you should know that there is a legal obligation to disclose this home inspection report to potential buyers.

What to expect from your home inspection

Regardless of whether you’re having a pre-listing inspection or the buyer’s inspection, it will generally take a few hours for the inspector to check out the property. The report will typically be available within a few business days.

The home inspector will carefully review both the interior and exterior, checking for potential concerns. Note that home inspectors are not concerned with cosmetic issues, like peeling paint or stained carpeting. Occasionally, however, a cosmetic issue may indicate a more serious issue, such as a stain on the ceiling that indicates water damage or cracks in the corner of a room that may indicate a shifting foundation.

In general, home inspectors focus on these main areas:

  1. Structural integrity
  2. Plumbing
  3. Electrical system
  4. HVAC system
  5. Roof
  6. Water damage
  7. Insect/pest infestations (especially termites)

How to prepare for a home inspection

There are a few things that home sellers should do to make the process go as smoothly and quickly as possible. Gather together all receipts for maintenance work, such as service visits for the HVAC system. Clear away any clutter from near the furnace, water heater, and electrical panel, as the inspector will need to access them. Similarly, the inspector should have easy access to the attic, basement, garage, and crawl space.

It’s also a good idea to exterior areas, like if any tree branches are close to the roof or overhanging it, they’ll need to be trimmed back.

Check out these homes for sale in Wilmington, Delaware!

The home buying process can be stressful when you are forced to await the results of a home inspection report. But when you buy a beautiful and affordable new-construction home from Montchanin Builders, you never have to worry about your new home’s condition.

We have stunning move-in ready homes available for sale right now in our master-planned community of Darley Green. Enjoy peaceful, tree-lined streets, and wide-open spaces paired with the convenience of restaurants, shops, and other amenities within walking distance.

Get in touch today to chat about our new homes in northern Delaware. Be sure to ask us about our special financing offers!

Additional resources for home buyers:

The 3 Surprising Things Homeowners Really Want

If you’re in the market for a new home, you likely have a very specific wish list of amenities and features that you can’t do without. How do your preferences stack up with those of other homebuyers? See what the latest research says about the unexpected home features that buyers are craving.

A generously proportioned garage

American homebuyers really love their garages. That’s according to a recent statement by the National Association of Home Builders (NAHB). The NAHB determined that most of all residential new construction during 2018 featured two-car garages. A full 64 percent of residential home builders included this feature as a must-have. In addition, 21 percent of new homes included a garage large enough to house three vehicles.

A great lighting package

Pre-installed lighting packages are another surprising thing that American home buyers look for in a home. It can be a hassle for homebuyers to find a contractor to install an additional lighting , which is why they often prefer to purchase a home that already features it or can have it added while building.

A walkable neighborhood

A third surprising thing that attracts a lot of homebuyers is living within a walkable neighborhood. These days, people often prefer to live close to nearby amenities, like great restaurants, museums, recreational spaces, and entertainment venues. Yet, they also want to live within a peaceful and spacious neighborhood setting with opportunities for walking and public gathering.  A walkable neighborhood provides the perfect blend of wide-open green spaces and nearby urban amenities.

New homes in northern Delaware with these great features!

If you’re in the market for move-in ready homes in Delaware, check out the properties available from Montchanin Builders. Our masterfully designed homes in the walkable community of Darley Green feature lighting packages, spacious garages, and so much more. We’re here to help! Call us today to learn more!

Additional resources for home buyers:

Why Buying a Condo May Be Your Smartest Investment Yet

Whether you’re buying your first home or your fifth, you’ll love the flexibility, freedom, and affordability of condo ownership. Here are some of the top reasons why buying a condo is a great long-term financial investment.

Condos are an affordable option for home buyers

Luxury condos are often more affordable than you might think. This is because they share land and exterior walls with their neighbors, which keeps costs low while still giving residents exceptional space, privacy, freedom, and amenities.

Condo owners save on maintenance costs

Yet another reason why it’s a smart investment to buy a condo is that they do not require the extensive, ongoing maintenance that a single-family home demands. With a single-family home, the homeowner is responsible for maintaining the exterior appearance of the home site. The homeowner must either spend hours each weekend mowing the lawn, weeding the flower beds, and irrigating both, or hire a landscaping company to take care of these tasks. It can not only be a hassle, but also expensive, and can take the fun out of homeownership.

On the other hand, owners of condos don’t have to worry about exterior maintenance. This is because condos are typically covered by a homeowner’s association (HOA) agreement. The HOA usually takes care of all of the exterior maintenance on the property.

Condo ownership is an investment in real estate

Buying a condo is not only an affordable entry point into homeownership, but it can also be much more financially advantageous in the long run as compared to renting. Over time, the value of your property will likely increase. As a condo owner, you are building wealth by investing in real estate. With each monthly mortgage payment you make, you are growing equity and value while reducing the principal. Renters, by contrast, make monthly rent payments that help their landlord build equity, not themselves.

Beyond the financial benefits

If you have been renting in an apartment building for a long time, you already know the substantial drawbacks to this living arrangement. One of them is that apartment tenants lack the freedom to make aesthetic changes to their homes. Since they don’t technically own the home, these tenants are typically prohibited from changing the wall colors, replacing the carpet with wood floors or vice versa, and changing other features of the home’s appearance.

On the other hand, condo owners have a great deal of freedom with the appearance of their homes. Once you buy your own condo, you can change its design to reflect your own unique style and tastes.

Find beautiful condos for sale in New Castle, Delaware

If you’re interested in buying a condo in New Castle County, Delaware, Montchanin Builders is here to make things easy. Our beautiful, luxury condos in the heart of Wilmington, Delaware are available at affordable prices.

Our much-coveted condos feature two stories of architecturally exquisite space nestled within the carefully manicured landscaping of Darley Green—one of our master-planned communities. Plus, they are just a short walk or drive away from a wide range of local amenities, like fine dining, arts and cultural attractions, and nightlife. To discover more about our available homes for sale in Wilmington, Delaware, call Montchanin Builders today.

Additional resources for home buyers:

3 Benefits of Living in a Master-Planned Community That Might Surprise You

What sets a master-planned community apart from other neighborhoods? Well, if you’re looking at new construction homes in New Castle County, Delaware, you’ll notice that the properties located within master-planned communities by Montchanin Builders offer exceptional value, are very close to fantastic local amenities, and offer the neighborly ambiance of a close-knit community.

When you tour one of our available move-in ready properties in Delaware, you’ll discover for yourself why so many people have chosen to call our neighborhoods “home.”

Close proximity to unbeatable amenities

One of the major benefits of living in a master-planned community is that it is a walkable neighborhood. This means that no matter where your home is situated within the community, you’re never too far away from local amenities. Enjoy a brisk walk in the morning to the nearby coffee shop or head over to the park on your day off. You can even find a family doctor, excellent schools, and irresistible restaurants within reach.

When you do need to leave the master-planned community, you’re likely to find yourself within an easy commute of the office. Montchanin Builders’ community of Darley Green, for instance, is located just five minutes away from I-95. It’s also situated mere minutes away from I-495 and the Philadelphia International Airport. This makes it convenient for the times when you need to leave your neighborhood for work or pleasure.

Friendly neighborhoods that embrace the true concept of community

No matter how large or small, a master-planned community embodies the true nature of neighborliness. When you tour a Montchanin Builders master-planned community like Darley Green or The Overlook at Rockford Falls, you will enjoy the positive ambiance and close-knit camaraderie of the people who live there. These neighborhoods give off an “Old World” vibe that reflects the cordiality of simpler times in bygone eras. The local amenities within and near these communities provide plenty of social opportunities for getting to know your new neighbors.

Excellent value at competitive prices

Montchanin Builders strives to provide move-in ready luxury at affordable prices. Visit our Information Center to personalize your home by choosing from a variety of spacious floor plans and options for flooring, cabinets, counters, and more!

When you work with our preferred lender, Cardinal Financial, you can take advantage of competitive interest rates and homebuyer programs. Make sure to ask about our Work Force Program, which can help new homebuyers receive up to $15,000 toward the purchase of a new home.

Discover your own reason for living in a Montchanin Builders community

You can tour a Montchanin Builders master-planned community to find out for yourself why so many people love this way of living. There are still homes for sale in Wilmington, Delaware, but properties in Darley Green and The Overlook at Rockford Falls are selling fast, so schedule a tour soon! Give us a call today and be sure to ask us about special financing offers.

Additional resources for home buyers:

Delaware Is a Winter Wonderland: 4 Great Ideas for Weekend Escapes

Delaware is a fun and beautiful place to live in throughout the year. In the winter, there are many options for enticing weekend getaways. Some of them are close to home, like the Inn at Montchanin Village and the Boardwalk Plaza Hotel. If you’re interested in venturing farther away, there are some exciting ski destinations in nearby Hawley, PA.

Boardwalk Plaza Hotel

The Boardwalk Plaza Hotel is situated just steps away from the beach. Because it’s a popular summertime attraction, winter getaway guests will enjoy special rates, and peace and quiet! Treat yourself to an ocean view suite, enjoy fine dining or afternoon tea, and warm up in the heated soaking pool.

While you’re staying at the Boardwalk Plaza Hotel this winter, consider booking a local tour. The Holiday Garden of Lights & Winery Tour combines wine tastings with festive lights. Enjoy a fine glass of wine as you stroll through the local botanical gardens, decked out with over 30,000 lights for the holidays!

The Inn at Montchanin Village

You don’t have to go far from home to find a relaxing wintertime retreat. The Inn at Montchanin Village is a beautiful, historic property dating to the 19th century. Its 28 guest rooms are scattered among 11 historic, lovingly restored buildings, complete with gas fireplaces and period furniture. Even in the winter, its ornate gardens are a delight to explore, and the onsite restaurant—once home to the village blacksmith shop—features a five-course tasting menu with paired wines on the weekends.

The Bellmoor Inn & Spa in Rehoboth Beach

While Rehoboth Beach is a popular summertime destination, it also makes for a relaxing weekend getaway in the winter. Consider booking a stay at The Bellmoor Inn & Spa, which features luxurious suites and a full-service day spa.

Ledges Hotel

If you’re in the mood for a road trip, you’re in luck! Delaware is a short drive away from many major attractions, including the Ledges Hotel in Hawley, PA. Choose from traditional hotel rooms and full-service luxury suites. Long-term rentals are also available at this prime property in the gorgeous Pocono Mountains. From the Ledges, you’ll have easy access to exciting downhill slopes, as well as more aerobically challenging cross-country ski trails and snowshoe routes. An exercise-based weekend getaway is the perfect way to honor your New Year’s resolution!

Check out new construction homes in New Castle County, Delaware

These fabulous winter weekend getaways are just one more reason to love living in Delaware. If you’re thinking of moving to the area, there are still some homes for sale in Wilmington, Delaware from Montchanin Builders. Homesites are still available in Darley Green and The Overlook at Rockford Falls, but they’re going fast so don’t delay!

Get in touch today to schedule a tour of our luxuriously appointed homes or a tour of our communities. Be sure to ask us about how to get $15,000 toward your purchase on select homesites at Darley Green!

Additional resources for home buyers:

The #1 Reason to Buy Your Home in Winter

If you’re getting ready to buy a new home, you might be thinking about waiting until the spring or summer when more houses are generally put on the market. However, if you wait too long, you’ll miss out on taking advantage of the number one reason to buy your new home in the wintertime. If you’re ready to shop for homes for sale in Wilmington, Delaware right now, there is really no reason to wait until the weather warms up.

Lower mortgage and interest rates in winter

One of the biggest concerns on any home buyer’s mind is financing the new property. If you shop around for a mortgage in the winter, you’re likely to notice that the rates are generally lower than they are in the summer. This is because the summertime is the peak home buying and selling season. In the winter, lenders are trying to entice homebuyers to sign for a mortgage with lower rates.

Of course, your individual rate will depend on many factors, like your creditworthiness, the current economic conditions, and the lender you choose.

The lender you choose matters more than the season

Although buying a home in the wintertime is a smart decision for home buyers, there are still great deals to be had in all four seasons. In fact, who you choose to buy a home from matters even more than the time of year that you start shopping around for a new house. If you buy a new construction home in New Castle County, Delaware from Montchanin Builders, you can take advantage of our special partnership with one of the nation’s leading mortgage lenders.

Montchanin Builders has selected Cardinal Financial as our lending partner because we believe in excellence in all that we do—from designing thoughtful floor plans to crafting beautiful, architectural masterpieces, to helping our home buyers get into their selected houses with exceptional financing terms. At Cardinal Financial, our go-to mortgage specialists are Theresa Miglino and Katherine Dunckley.

The Miglino and Dunckley team have demonstrated an abiding commitment to providing unbeatable customer service to our valued home buyers. Their philosophy is that the customer always comes first, and they live this motto every day by maintaining clear and open lines of communication with customers, lenders, and realtors.

Unlike some other lenders, Cardinal Financial is a mortgage originator. This is significant because it means that the company can underwrite, close, and fully fund your home loan. This enables them to offer some of the lowest rates you’ll find anywhere in the industry, regardless of the time of year that you choose to buy your home. Plus, you’ll benefit from exceptionally low closing costs.

Looking for new construction homes in New Castle County, Delaware?

The premium financing terms aren’t the only reason to choose a Montchanin Builders home. We build masterfully designed, walkable communities close to cultural attractions, green spaces, and major amenities. Choose from our beautiful townhomes in the Delaware communities of Darley Green or The Overlook at Rockford Falls. To schedule a tour or request more information, please call today!

Additional resources for home buyers: