Exhibit II-15
ACTIVELY SELLING RESIDENTIAL COMMUNITIES
CHESAPEAKE, VA
FEBRUARY 2014
PICTURE
TYPE
MIN -
MAX
AVG.
MIN - MAX AVG.
MIN - MAX AVG.
OTHER
COMMUNITY/
BUILDER/
ADDRESS
MAP
KEY
BASE SALES PRICE
BASE HOME SIZE (SF)
$/SF
TOTAL
HOMES
PLANNED
YEAR
SALES
BEGAN
TOTAL
SALES
ANNUAL
ABSORP.
D1
Jordan Hall
SFD 3Q 2012 83
81
54
$339,900 - $389,900 $364,900 2,176 - 2,878 2,176 $156 - $135 $168 Nature access, large backyards
Ashdon Builders
4-7B
$346,770 - $384,770 $365,770 2,176 - 2,825 2,176 $159 - $136 $168
Families, retirees
509 Hanbury Road W
$339,900 - $389,900 $364,900 2,300 - 2,878 2,300 $148 - $135 $159
Move-up buyers
D2
The Meadows at KempBridge
SFD
2010
86
82
27
$366,900 - $418,900 $392,900 2,250 - 3,080 2,250 $163 - $136 $175 Families, older couples
Napolitano Homes
Lots of people have pets
1429 Kemp Bridge Lane
757-277-9493
D3
Stony Run Manor
SFD
2007
51
3
8.0
$429,000 - $429,000 $429,000 2,518 - 2,518 2,518 $170 - $170 $170 Buyers like Greenbriar access,
Christopher Kait Construction
short commutes, and
Preston Homes
customize the homes
609 Flatrock Lane
D4
Edinburgh
SFD
n/a
81
n/a
n/a
$700,000 - $1,000,000 $850,000 3,500 - 9,500 6,500 $200 - $105 $131
Cohen Homes
4-6B
Preston Homes
1608 Falls Brook Run
Debbie - 757-648-0999
D5
Albemarle River
SFD
2013 200
50
50
$359,900 - $394,650 $377,275 2,300 - 2,700 2,300 $156 - $146 $164
Work all over HR area
Graf Construction
Like the convenience
1203 Bonnie View Arch
and natural feel
Lana Cary 757 729 5724
Close to Greenbriar
- -
D6
Chapel Hill Estates
SFD
2013
98
n/a
n/a
$339,900 - $369,900 $354,900 2,393 - 2,684 2,393 $142 - $138 $148
Ashdon Builders
738 Tyler Way
Exhibit II-15
E4-11982.40
Printed: 3/27/2014
Page 2 of 3
CITY OF CHESAPEAKE
