It’s no secret that the Chester County housing market has been a rollercoaster ride over the past few years. This volatility has made it difficult for buyers and sellers alike to predict what’s going to happen next. One of the most important questions within this industry is how to make housing more affordable. For many people, owning a home is simply out of reach.
The good news is that there are a number of options under construction in Chester County. While they don’t qualify under government standards as affordable housing, they do fall into a category we will call, more attainable housing. These home models hover slightly above and below the median home price in Chester County, which is $474,959 according to Zillow.
So, where do buyers go for more attainable housing?
They can start by heading west – to the western side of Chester County. That’s where you’ll find several communities, for which Nave Newell provided planning, surveying, landscape architectural, and civil engineering services. They include close to 400 townhomes and over 100 manufactured homes. With single-family homes stretching the limits of affordability, real estate developers and homebuilders are turning to townhome developments and even manufactured home communities to meet the buyers’ needs.
Chester County residential developments under construction
- Ryan Homes – High Point at Downingtown, East Caln Township
- 120 new townhomes
- Ryan Homes – Mapleview in East Brandywine Township
- 160 new townhomes
- Valley Suburban Center, Valley Township
- 98 townhomes
- Struble Ridge, Honey Brook Township
- Starting construction soon – 113 manufactured home-sites
Heading even further out, almost to the Lancaster County border, we’re working on the redevelopment and transformation of a manufactured home community in Honey Brook Township. This project involves the expansion of the former Brandywine Terrace’s community into 113 home-sites and an overall transformation of the property. The redeveloped and revitalized manufactured home community will be known as Struble Ridge.
Future of Housing in Chester County
Housing, especially affordable housing, is a real issue. As residential developments continue to push further west in Chester County, approaching the Lancaster County border, it leaves the question, “What’s next?” How can we provide affordable housing within our own community?
As Chester County continues to grow, the demand for housing will only increase. The future of housing in Chester County will be defined by the need for more affordable housing. Learn more about how the County has placed a priority on this with its A+ homes initiative.