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409 E 8th Avenue
Conshohocken, PA 19428
$875,000
Conventional
Property
Bedroom
3
Bathroom
4
Property Type
Conventional
Square ft
2400
Property Description
Welcome to Foundry Way, the newest neighborhood in the sought-after Borough of Conshohocken, Pennsylvania. This vibrant community, comprising Twenty-Three homes, provides a perfect blend of single-family homes, twin homes, and townhomes, ensuring there's a residence to suit every need. Nestled in a highly walkable setting, Foundry Way offers a park-like atmosphere just steps away from Conshohocken's bustling hot spots. Strategically positioned mere minutes from the Conshohocken Train Station, Schuylkill River Trail, highway on-ramps, local shopping, and the vibrant City of Philadelphia, Foundry Way presents an unbeatable location. Crafted with meticulous attention to detail, this community delivers the epitome of new construction living in Conshohocken. Step into luxury with this Single-Family Home that welcomes you with a spacious front porch, an open floor plan, oversized windows, a rear deck, and the choice of three or four bedrooms. The residence also features a rear yard and a two-car detached garage. The main level boasts an open floor plan encompassing a living room, dining room, kitchen, and a powder room—all adorned with beautiful hardwood flooring, high ceilings, and recessed lighting. Access to the main deck at the rear of the home provides a perfect space for relaxation. The well-appointed kitchen is equipped with gorgeous granite countertops, 42" cabinetry with crown molding, a large granite-topped island with cabinetry below, stainless steel appliances, and pendant lighting over the island. Ascend the stained hardwood staircase to discover the large Junior Suite, offering dual vanities, tiled floors, and a standalone tiled shower. This level also houses the laundry room, a hall bathroom, and the flexibility to customize the layout for one or two additional bedrooms. On the upper level, the Main Bedroom Suite awaits, featuring multiple closets, a separate HVAC zone, a nook space, and a spacious bathroom with tiled shower, floors, and a double vanity. Foundry Way also offers a rear yard nestled between the home and the rear-loading two-car garage. Buyers have the opportunity to customize their new home, with options including finishing the basement, upgrading the kitchen, and more. Don't miss the chance to be a part of this exceptional community that seamlessly combines convenience, style, and the finest living Conshohocken has to offer. The information provided in this listing includes renderings/photos for visual representation purposes only and is contingent upon finalization with the builder. All renderings/photos should be treated as conceptual until officially confirmed by the builder. Prospective buyers are urged to recognize that the depicted images are for illustrative purposes and are not binding representations of the final product. Furthermore, all standards, timelines, and construction materials mentioned in this listing are subject to change or replacement based on availability and other considerations. The builder reserves the right to modify these aspects as necessary to meet regulatory requirements, comply with industry standards, or address unforeseen challenges that may arise during the construction process. The photos included in this listing showcase past projects completed by the builder and are intended to illustrate upgrades and features that may not be standard or included in the base home. Prospective buyers should be aware that these images serve as examples and do not necessarily represent the specific features or finishes of the home being offered.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
2024
MLS Number
PAMC2097384
Location
Address
409 E 8TH AVENUE
City
CONSHOHOCKEN
State
PA
Zip Code
19428
County
MONTGOMERY (SOUTHEAST)
Listing
Provider
Keller Williams Main Line, original listing
Name
Keller Williams Main Line
Phone
(610) 520-0100
Office Name
Keller Williams Main Line
Office Phone
(610) 520-0100
Agent Name
Ernest Facchine

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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.