Nearly 100 homes built and occupied at Jefferson Village

Crosswinds' Jefferson Village has developed some strategies to deal with the slower housing market.

The East Side development, bounded by Jefferson, St. Clair, the Detroit River and Lysette, has built and sold almost 100 units of single-family housing. Plans are to eventually have close to 300 homes.

It usually takes four to six months to build a home after purchase, but the developer also offers an "express" option in which homes can be occupied in 3 months or less, says Elizabeth Basmadjian, community sales manager for Jefferson Village. Crosswinds also offers a "We buy your home, you buy ours" program, in which the company purchases the buyer's current home.

Jefferson Village offers seven floor plans ranging from a 1,500-square foot ranch to a 3,300-square foot colonial. Prices start at $204,990 and top out at $289,990. All homes are NEZ-designated and have an unfinished basement, a covered front porch, a master suite and an attached two-car garage, with plenty of add-ons available.

Basmadjian says that many of the people that have already bought into Jefferson Village were already city residents, but were looking for a home with more of a suburban nature. "City residents love it. They get to stay in the city and get half off their taxes for 12 full years," says Basmadjian. "They get a beautiful new home and pay less than they would in the actual suburbs."

For more information, call the Jefferson Village sales office at 313-331-1000.

Source: Elizabeth Basmadjian, Crosswinds
Writer: Kelli B. Kavanaugh