New Angle Realty

Earlier this month we told you about the new tiny home community called Keyo Park West. This past weekend they held an open house that drew 1,600 people. Many just wanted to get a look at how ingenious these homes are. Many were looking at these small homes as investment properties. Many were looking at how to duplicate them in other locations. There were, at the end of the open house however, 21 people who put down a $4,000 non-refundable deposit to purchase one of these homes.

In the coming weeks, the rest of the homes will probably be purchased. The next step for the buyers is a meeting with the designers to design every part of the home to meet their individual needs. There are some large options such as an additional bathroom, extra square footage, or garages. Two more meetings will help buyers decide on the rest of the design. Basic room layout, window and door placement, and final finishes will be decided at these meetings. Also tile, cabinets, counters, flooring, and paint will be decided. Once the design is in place, building will commence.

Keno Park West has become so popular that a second phase is already in the works. They expect lots in the next phase to be available for purchase in spring of 2018. The level of interest shows that Charlotte is ready for more of these tiny home communities.

Millennials and empty nesters are a perfect fit for tiny homes. Keyo Park West is imagining them as a solution to the shortage of affordable housing in the Charlotte area as well. Price points for these homes is in the $89,950 area. If you add the additional square footage, additional bathroom, and the garage, the price will jump up to the $135,950 to $150,750 range.

If you are interested in these or any other homes in the Charlotte area, give us a call at (704) 525-4045. You can also view current listings on our website here.