Real Estate Development in Chesterfield, MO
With the U.S. economy booming again, major metro areas have been experiencing unprecedented growth in real estate development. This has been especially true in the Chesterfield, MO real estate market.
If you’re looking for a home in the 63017 area, we’ve got you covered! Our team of professionals at 63017realestate.com has the resources and experience to properly educate you on the Chesterfield, MO market and help you find the home of your dreams.
If you’re moving to the St. Louis metro area, and you haven’t considered Chesterfield yet, we urge you to reconsider. Here is just a small list of reasons why you should add the 63017 zip code to your home search area.
Rising Property Values with Real Estate Development
According to rockethomes.com, the median home price in chesterfield has gone up over 10% in the past year. Since February 2020, homes in Chesterfield have experienced a rise in the value of approximately $40,000. This puts Chesterfield’s median home value at $429,231.
This is great news for people looking to buy a single-family home. You can purchase a home knowing that your investment will appreciate over time. And you can commute just a short drive to the St. Louis metro area for school or work.
Real Estate Development Near a Premier School District
The majority of schools in the Chesterfield, MO school district are rated 7/10 or higher according to GreatSchools. The area also boasts a wide variety of private and charter schools for parents looking for an independent education option.
Some of the neighborhoods to consider when moving to Chesterfield are Meadowbrook Farm, Village Green, and Brook Hill Estates. Houses located in these neighborhoods are zoned for the best schools.
These neighborhoods also offer the safety and proximity to downtown Chesterfield that home-buyers are looking for when purchasing.
Real Estate Development On The Rise
Chesterfield, MO is already a premier location for single-family homes. But the area is also set for exponential growth soon according to bizjournals.com.
Local, reputable homebuilder McBride Homes has planned a $33M development in nearby Manchester, MO. A commercial developer is also planning to erect a new tower near the SLU campus.
These are just two of the most notable out of several new real estate development projects in the Chesterfield, MO area.
Low housing inventory and rising home prices are also encouraging for new Chesterfield construction projects and home purchases throughout the Chesterfield area.
You’re Just In Time
It’s true. We’ve seen the entire St. Louis area market heating up. And it’s continued to heat up despite the pandemic.
Even though Chesterfield home prices have been on the rise, it’s still a great option for people who want great schools and safe neighborhoods without the St. Louis price tags.
If you’re interested in more information about the Chesterfield, MO real estate market, or would like to get started with your home search, just visit our website and we would be happy to help you.
We can answer any questions you have, and get you paired up with a professional who can help you find the home that’s right for you. If you’re interested in building your own home and taking advantage of the real estate development happening in the 63017 area, with a new construction home, we can help you look for a vacant lot as well.
Reach out to us today! We look forward to hearing from you!
Ted Gottlieb has been a licensed real estate agent since 2003 and broker since 2005. Ted consistently ranks in the top 5% of St. Louis area real estate agents and is a Certified Residential Specialist (a designation reserved for 3% of agents nationally. Learn more about Ted at www.trustinted.com or call (314) 690-9922.