New Construction Savings Add Up at Wanaque Reserve
WANAQUE, N.J. (Jan. 4, 2012)— When comparing the benefits of new home construction versus resale, the dollar-figure savings can be quite impressive, says one local homebuilder.
According to officials from Del Webb — one of the award-winning brands of PulteGroup and a leader in the real estate industry’s active-adult segment — many prospective buyers are at a disadvantage due to their misconceptions about the residential real estate market.
“Many people have the false impression that resale homes provide more value, but we’ve found that the advantages of new construction can far outweigh resales because of the costly renovations that are needed in many older homes,” said Matt Roesch, vice president of sales for PulteGroup’s Northeast Corridor division. “When you factor in items such as new painting, carpeting, flooring, lighting, and appliances, the numbers can add up to the tens of thousands. It’s easier to see the value of a new home, which often offers a warranty as well.”
Del Webb’s Wanaque Reserve community provides new construction with elements designed exclusively with 55-and-better residents in mind. Featuring five distinctive designs ranging in size from 1,768 to 2,767 square feet, Wanaque Reserve offers homes priced from $309,990 to $720,329.
Boasting a location nestled at the base of Ramapo Mountain State Park and bordered by the Wanaque River, Wanaque Reserve’s final building features a collection of homes that afford both privacy and magnificent views.
All of the remaining condominium residences at Wanaque Reserve are available for immediate move-in including three lavish penthouses, which are the epitome of luxury, featuring private, one-floor living, a reserved parking space, a great room and ample storage.Numerous exterior home maintenance services are provided at Wanaque Reserve, including landscaping, home security and snow removal. Also featured are welcoming entrance lobbies, elevators, spacious storage areas and secured, indoor parking.
“Wanaque Reserve has become one of the most popular communities in Northern New Jersey because so many buyers crunched the numbers and realized that owning a newly constructed home in an exceptional setting was preferable to a resale home,” Roesch said. “The community, which is nearly sold out, even offers priceless features and amenities such as the e views, quiet and privacy, and low-maintenance environment.”
The hub of activity at Wanaque Reserve is a 20,000-square-foot, state-of-the-art clubhouse, better known as The Lodge. It features fully equipped fitness facilities, card and billiards rooms, computer center, arts and crafts rooms, kitchen, fireplace, saunas, a theater and spacious entertainment hall designed for special events. There are also two swimming pools — indoor and outdoor — with sundecks and patios as well as tennis and bocce courts, a series of walking and hiking paths. Kim’s Café, which offers a selection of made-to-order foods with bagels and coffees, soups, and salads, opened last year.
Wanaque Reserve is located at 6100 Warrens Way in Wanaque, N.J. The sales office is open Monday through Sunday from 10 a.m. to 6 p.m. To learn more about the final opportunities at Wanaque Reserve, please call 888-254-7113 or visit www.delwebb.com/wanaque.
PulteGroup, Inc. (NYSE: PHM) based in Bloomfield Hills, Mich., is America's premier home building company with operations in 60 markets throughout 28 states. The company has an unmatched capacity to meet the needs of multiple buyer segments through its brand portfolio that includes Pulte Homes, Centex and Del Webb. As the most awarded homebuilder in customer satisfaction, the brands of PulteGroup have consistently ranked among the nation's top homebuilders as surveyed by third-party, independent national customer satisfaction studies.For more information about PulteGroup, Inc. and PulteGroup brands, see www.pultegroupinc.com; www.pulte.com; www.centex.com; www.delwebb.com.