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316 Squire Drive
Newtown Square, PA 19073
Lauren Woods with Compass Pennsylvania, LLC, original listing - (610) 822-3356
$1,170,990
Conventional
Property
Bedroom
3
Bathroom
Full: 3, ½: 1
Property Type
Conventional
Square ft
2500 Square Feet
Property Description
Step into the inviting world of this captivating 3-bedroom, 3.5-bathroom townhome, currently under construction and eagerly anticipating your arrival in Winter 2025. This year, gift yourself the ultimate treasure – a pristine, low-maintenance sanctuary flooded with natural light. Nestled within the dynamic community of The Towns at Newtown Walk, this residence gleams like a jewel, showcasing an exceptional floor plan that has won the hearts of our homeowners. The moment you enter the foyer on the first level, the space welcomes you with its luminosity. This level has been thoughtfully designed for your convenience and features an inviting 4-stop ELEVATOR, a handy coat closet, a versatile guest bedroom or office space, and a full bathroom. The rear 2-car garage and a spacious 2-car driveway provide ample parking and easy access. As you ascend to the primary living level, prepare to be enchanted by the natural light pouring in through numerous windows, enhancing the already lofty 10-foot ceilings and the open concept layout. The kitchen, bathed in sunlight, takes center stage with its 42" soft-close cabinets, gleaming quartz countertops, a grand island, stainless steel appliances, and hardwood floors that glisten. Entertaining guests becomes a delight in the radiant dining area, and relaxation beckons in the capacious living space, complete with a cozy gas fireplace. The primary bedroom, drenched in sunlight, easily accommodates a king-sized bed, a large dresser, and nightstands, with ample space in the expansive walk-in closet for your clothing and shoe collection. Unwind in the ensuite bathroom, where natural light dances on the walk-in shower with a bench, the private water closet, and the double vanity. A hallway with laundry facilities and a second sizable bedroom with an ensuite bath and walk-in closet. However, the true gem of this remarkable home is the rooftop terrace, surrounded by windows that fill the space with radiant light. Imagine sipping morning coffee as the sun rises or enjoying an al fresco dinner with loved ones. This space even offers room for planter gardening and the possibility for a fireplace or BBQ area. Importantly, you have the opportunity to fully customize the finishes in this home. The Towns at Newtown Walk presents a final opportunity to become a part of the thriving Ellis Preserve community. With convenient access to major roadways, the airport, the train station, and Routes 252 and 3, your daily commute is a breeze. Please keep in mind that the actual home finishes may vary, as this home is currently under construction. Don't miss the opportunity to make this exceptional, well-lit, and contemporary 3-bedroom, 3.5-bathroom townhome your new sanctuary!
Property Information
Lot Size
0 sqft square ft
Property Type
Residential-Townhouse
Year Built
2025
MLS Number
--
Location
Address
316 SQUIRE DRIVE
City
NEWTOWN SQUARE
State
PA
Zip Code
19073
County
DELAWARE (COUNTY NORTH)
Listing
Name
Phone
Office Name
Office Phone
(610) 822-3356
Agent Name
Lauren Woods
Agency Phone
(610) 822-3356

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.