Evans Coghill Blog

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Millennials & first-time buyers finally entering the housing market!

Categories: Buying a Home, Floor plans, Homeownership, Riverwalk | Posted: May 30, 2017 | Comments Off on Millennials & first-time buyers finally entering the housing market!

One of the biggest variables for builders in the past few years has been predicting the influence of Millennials. Though many of them are in their early 30’s, they have yet to buy a home due to tough lending standards, student debt, and slow wage growth. In short, they continue to rent because they don’t have the money to buy a house. Which is problematic for home builders waiting for a wave of Millennials to buy new homes.

But, according to a piece in the Wall Street Journal, Millennials have finally started to buy homes. The number of new-owner households was double the number of new-renter households in the first quarter of this year, the share of first-time buyers is creeping back toward the historical average, and mortgages for first-timers are on the rise.

Consequently, home builders are shifting from building large luxury homes back to “starter” homes for first-time buyers. These homes are smaller, reflecting the tight economic straits and simpler demands of these buyers. As noted in the Wall Street Journal article, “while economists and builders said lending standards have started to ease, getting a mortgage remains challenging for young buyers with shorter credit histories and, in many cases, student debt.” So, Millennials may be ready to become homeowners, but they can’t afford anything too extravagant.

At Evans Coghill Homes, we are ready and waiting for Millennials. Our one-level ranch style homes at Riverwalk are perfect for first time buyers. Though the floor plans are compact, the open designs, outdoor living spaces, and plentiful windows make these homes feel huge! Plus, Riverwalk has amenities that Millennials love, including the 3-mile Riverwalk trail and the Rock Hill Outdoor Center. Located on the banks of the Catawba River, Riverwalk also offers canoeing and kayaking. Its master plan includes a YMCA and athletic fields, Town Center, River District, professional office space and residential, all thoughtfully connected and complemented by pedestrian and cycle friendly streetscapes and trails.

If you’re a Millennial, an Evans Coghill home at Riverwalk is a great investment. Our homes include elegant features and finishes like granite countertops, real hardwood floors, covered porches, interesting architectural details, and so much more. Homes range from 1,760 to 2,917 sq. ft., and are priced from $299,000 – $625,000. Even better, several of our homes in Riverwalk are available for move-in! For more information about living at Riverwalk, contact Tracy Olson at 803.366.4588 or tolson@evanscoghill.com.

We were named Builder of the Year in 2016. Our homeowners have continued to give us positive reviews and survey results. Read more about what they have to say here.  Evans Coghill Homes builds new homes in RiverwalkSpringfield, Ft Mill, and Cheval.

For this young couple, their new home at Riverwalk is exactly what they wanted!

Categories: Floor plans, Homeowners, Homeownership, Riverwalk | Posted: May 23, 2017 | Comments Off on For this young couple, their new home at Riverwalk is exactly what they wanted!

Millennials Blake and Holly knew what they were looking for when they relocated from Chicago. After renting for a year in Ballentine, they took their list of “wants” and started house hunting. The couple wanted a neighborhood that was close to everything, and had plenty of outdoor activities. So they were instantly drawn to Riverwalk because of its proximity to the Catawba River, as well as its town center, restaurants and shops.

According to Blake, they didn’t look at other builders in the area, because Evans Coghill Homes had the floor plan that worked best for them, the Heron. “We found Evans Coghill on Zillow, and we liked that they had smaller homes that the other builders didn’t,” remembers Blake. “I own motorcycles so I wanted a 3-car garage, but not a huge house. And the location is perfect. I’m used to running by the water, so I like living near the river.”

What’s their favorite part of their new home? “We didn’t need a ton of room, so this model was ideal,” says Blake. “The home itself is really nice, and the neighborhood is growing nicely. We thought it was mostly downsizers, but it’s actually pretty diverse. There are a lot of younger people around.”

But, like most Riverwalk residents, what really made the difference for Blake and Holly was the walkability! “In many neighborhoods around here, you have to drive everywhere. But not at Riverwalk. I love being outdoors, so being able to walk everywhere made a huge difference to me.” They are looking forward to the new Lidl Grocery Store that is currently under construction in the Town Center.

Blake and Holly found their overall experience to be positive. “We would recommend Evans Coghill Homes to our friends & family!”

If you’re interested in living in a new Evans Coghill home at Riverwalk, visit our website for details on available homes!

We were named Builder of the Year in 2016. Our homeowners have continued to give us positive reviews and survey results. Read more about what they have to say here.  Evans Coghill Homes builds new homes in RiverwalkSpringfield, Ft Mill, and Cheval.

Evans Coghill Homes celebrates 5 years with GuildQuality

Categories: Buying a Home, Floor plans, Homeownership, Riverwalk | Posted: May 17, 2017 | Comments Off on Evans Coghill Homes celebrates 5 years with GuildQuality

Every builder likes to think they know how their homeowners feel about their company. But five years ago, Evans Coghill Homes took the extraordinary step of joining GuildQuality so that we would truly know how our homeowners feel.

GuildQuality is a web-based, independent surveying services company for small to mid-sized homebuilders and remodelers. Homeowners are asked to give feedback on everything from the employees to the construction quality, budgeting to problem resolution. At Evans Coghill Homes, we survey all of our homeowners during construction and after move in, and their feedback appears on the GuildQuality website.

With GuildQuality’s unprecedented access to our homeowners’ unfiltered feedback, we have been able to see how we excelled and where we need to step things up. This feedback has been instrumental in helping us improve our customer service, as well as letting us know whether there are gaps in the home building process.

We love hearing feedback from our homeowners:

I have never worked with a builder that is so responsive. This is my third new home. They have gone far above and beyond.

“I have been very impressed with Evan Coghill Homes. They really have exceeded my expectations!”

“They are excellent. We are extremely pleased with our builder. They go above and beyond. We would strongly recommend them to any of our friends or family!”

“Great home in a great community. Thanks Evans Coghill Homes for building a beautiful home!”

These homeowner testimonials are all from recent homeowners at Riverwalk and Springfield. We also appreciate constructive criticism of our homes and processes because that’s how we can make Evans Coghill Homes even better.

So when you get your survey, tell us everything!

Read more about what our homeowners think here.

We were named Builder of the Year in 2016. Our homeowners have continued to give us positive reviews and survey results. Read more about what they have to say here.  Evans Coghill Homes builds new homes in RiverwalkSpringfield, Ft Mill, and Cheval.

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