Builder, real estate agent see new home sales regaining strength

RCA Builders has Elk River model in Parade of Homes

by Joni Astrup

Associate editor

“The market is coming back.”

Inside RCA Builders' model home in Elk River.

Inside RCA Builders’ model home in Elk River.

That’s the view from where Roger Anderson sits, as a builder and a real estate agent who lives in Zimmerman.

He has been building homes since 1989. His company, RCA Builders, constructs 35 to 50 homes a year in an area roughly north of I-694 and west of Wisconsin.

Anderson has built three homes in Elk River recently and has one in the Parade of Homes that opens Saturday, March 2. The parade is sponsored by the Builders Association of the Twin Cities. (See more details below.)

It’s the only Elk River model in the Parade of Homes. The home, No. 93 in the Parade, is located at 17851 Lincoln St. and priced at $184,900. Designed for first-time homebuyers, the split-entry house has 1,112 square feet including two bedrooms and one bath, a three-car garage, an open kitchen, stainless steel appliances and vaulted ceilings.

RCA Builders also has a rambler-style model in Ramsey, No. 95 in the Parade, at 6905 170th Ave. priced at $269,900.

Anderson said his homes in Elk River typically range in price from $185,000 to about $350,000. He has homes under construction in the Woods at Hillside development and access to more than 30 other developments in the surrounding area. For more information, go to www.RCAbuilder.com.

RCA Builders is based in Zimmerman. Anderson is also a Realtor with RE/MAX Results in Elk River and an assistant head softball varsity coach at Zimmerman High School.

While many builders went out of business during the Great Recession, RCA Builders has survived and kept on building.

“I think a lot of good builders went under because they carried too much land,” Anderson said, “and they bought it high and then they couldn’t sell it. I think I must have got lucky or made better decisions on land — what to buy and what not to buy.”

Roger Anderson (left) and Jeff Johnson (right) in a RCA Builders home.

Roger Anderson (left) and Jeff Johnson (right) in a RCA Builders home.

Meanwhile, Jeff A. Johnson of RE/MAX Results in Elk River said home packages are selling at a fast pace for the first time in quite a few years. Anderson lists his properties with Johnson, who has been selling new and existing homes for 18 years.

Johnson said RCA Builders offers the new home customer a quality custom home that is fully warranted, unlike a home that has been forecclosed upon.

“When you actually do the math on what really is the best deal, restoring a home or building a new home, it is new homes,” Johnson said.

Pricing for new homes hasn’t been this good in years, he added.

With the national banks slowing down the foreclosure process to allow current homeowners facing hardship time for a short sale to be a viable option, that has dramatically helped the new home market, Johnson and Anderson said. That ultimately helps current homeowners by putting an end to the downward turn in values, they said.

They both believe that the market is on the verge of a large comeback, considering the low interest rates and that the supply of homes is very low.

They are also doing contingency sales, in which they create a plan with the homeowner in order to sell their current home so they can make a move.

Local models in the Parade of Homes

The Parade opens Saturday, March 2 and runs through March 24. Hours are noon-6 p.m. Thursdays through Sundays. For more information, go to www.Paradeof Homes.org or pick up a Parade of Homes guidebook at Holiday Stationstores.

 

The Parade of Homes featuring 374 new homes and presented by the  Builders Association of the Twin Cities opens Saturday, March 2 and runs through March 24. Hours are noon-6 p.m. Thursdays through Sundays. For more information, go to www.Parade of Homes.org or pick up a Parade of Homes guidebook at Holiday Stationstores.

 

Dayton

 

•Nature’s Crossing, 11325 Basswood Lane, $499,000. Mattamy Homes

 

•Diamond Lake Woods, 18261 S. Diamond Lake Court, $460,000. Mega Homes. (This home is on the Energy Tour.)

 

Elk River

 

•Eagles Marsh, 17851 Lincoln St., $184,900. RCA Builders

 

Otsego

 

•Sunray Farms, 11401 73rd St. NE, $194,900. BlueStar Homes

 

•Martin Farms, 7304 Mackenzie Ave. NE, $286,115. Lennar. (This home is on the Energy Tour.)

 

•Martin Farms, 12359 76th Way NE, $369,440. Lennar. (This home is on the Energy Tour.)

 

•Remington Cove, 6996 Martin Farms Ave. NE, $319,990. Ryland Homes. (This home is on the Energy Tour.)

 

Ramsey

 

•Brookfield, 17070 Garnet St. NW, $199,900. Shade Tree Construction.

 

•Brookfield Estates, 6905 170th Ave. W, $269,900. RCA Builders.

 

•SweetBay Ridge, 7494 163rd Ave. NW, $274,900. Capstone Homes.

 

Rogers

 

•Brockton Meadows, 19503 Harmony Ave., $308,990. Ryland Homes. (This home is on the Energy Tour.)

 

•The Villas at River’s Edge, 24065 Rivers Edge Rd., $259,900. Medici Development.

 

•Dayspring Estates, 23775 Saddle Ridge Dr., $541,000. Christian Builders & Remodelers. (This home is on the Energy Tour.)

 

•Edgewater, 13528 Big Sandy Lake Dr., $305,900. Key Land Homes. (This home is on the Energy Tour.)

 

•Edgewater, 24488 Superior Dr., $249,900. Paul Emmerich Construction.

 

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