mortgage

Price comparison 2006-2007: Unchanged with better deals for new homes

Price comparison 2006-2007: Unchanged with better deals for new homes
When it comes to new construction, what you can get this year in Fort Wayne is "pretty much the same" as you would have been able to buy last year, says Michael Zuccolotto, vice president of Aspen Bay Homes. "We've had a pretty flat year."

"You're not going to get more home, but it's probably not going to cost you more money," he says.

In the past year, the median price of a home fell $2,500 to $101,600. Zuccolotto believes sales of existing homes account for most of the declines. But buyers looking for a new home can get some good deals.

Builders "are taking steps to make the potential buyers cross the fence," Zuccolotto says. "Whether it's finishing a portion of the basement or making subtle changes to the home to accommodate the buyer's interest."
Ft. Wayne, Ind.
Property value: $399,900

Property description

This brand-new home in the Bridgewater community of southwest Fort Wayne is a traditional two-story with a modern flair. A large family room features custom built-in cabinetry. A real cook's kitchen features Corian countertops, a large island, ceramic tile floors and a breakfast nook. All bedrooms have direct access to a full bath. A loft overlooks the foyer.
Amenities

4 bedrooms, 3 � baths

3,614 square-feet

Wooded cul-de-sac lot that backs on pond

Features: Ceramic tile floors in the baths and kitchen; loft with custom bookcases; wood floors in the foyer.
Click on a photo to see details.
  
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