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Going Solo: Singles Buying First Home Is On The Rise

Posted by admin on June 19, 2015
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Are you a single home renter thinking about purchasing a home of your own in Richmond County, GA? You’re not alone. A wave of economic forces over the course of the last century such as greater affluence, longer life spans, later ages of marriage and higher divorce rates have shifted people’s mindsets about when to buy a home.

richmond county ga real estate

 

 

 

A century ago, fewer than six percent of households consisted of people who lived alone, a share significantly dominated by men. Fast forward to 2015. That percentage has risen to 28 percent, and women now head 54 percent of all single-person households. In larger cities such as Atlanta, single person households account for upwards of 45 percent of all households.

Who is behind this swelling of one-person households? Well, according to The Los Angeles Times, the younger generation no longer views marriage as a prerequisite to a mortgage. About 28 percent of all single-person households are under the age of 45. However, single-living is not reserved for the young. Adults of all ages are choosing to live alone, and an increasing number of them not only choose to occupy a home alone, but to own their own home. Fifty percent of all single households are owner occupied, which means going forward we can expect significant changes to single family home designs.

richmond ga homes with open floor plans

 

In order to accommodate the single-adult household boom, floor plans will need to be more flexible to adapt to a single’s frequently changing lifestyle and living arrangements. Work and living space will evolve to reflect the growing number of entrepreneurs working from home. Affordability will be important as well since single home buyers will have less income per household than dual-earner couples. And finally, housing developments will need to embed elements of community in order to address the social aspects singles want.

Southampton is Perfect for Singles Buying First Home

In Richmond County, Georgia, the new home community of Southampton has all this and more. Southampton offers brand new homes for a fraction of what you will pay in other new home neighborhoods. Homes start in the mid $130’s, depending on the floor plan and upgrades chosen by the homebuyer. Not only do we offer affordable homes at Southampton, we can also help our buyers access VA loans or low-interest mortgages. We love being able to fit our homebuyers with a home that achieves their wants and meets their budget.

southampton entrance

 

 


New homes in Richmond County

 

 

 

Southampton currently has 55 new lots under construction in their newest section, meaning there is plenty of available inventory to choose from. We have both two-story or ranch floor plans available, so you’ll be able to choose what best suits your lifestyle and needs.

We know single home buyers love options, and Southampton has those too. Lot location isn’t the only thing you will get a choice of. With a new home, you also get to choose your floor plan, paint colors, flooring type, wood finish, and MORE! However, with high-end features like hardwood floors, granite countertops and fireplaces in the standard models, many find the standard models perfect. Be sure to check out the available upgrade options and endless possibilities.

Southampton, located in Richmond County, is just a few minutes away from Fort Gordon and Augusta Regional Airport. The Bobby Jones Expressway connects Augusta, GA with North Augusta, SC and offers a quick, easy commute to hundreds of attractions. The central location is great for people who want a quiet neighborhood close to it all.

Diamond Lakes Community Center Richmond County

 

Although the neighborhood is located near these major traffic arteries, it doesn’t take away from the serene atmosphere of this family-friendly community. Southampton has become one of our most highly sought after neighborhoods because of the strong sense of community that surrounds it. At the nearby Diamond Lakes Regional Park, you can play tennis, baseball, or hop on the walking track. Whether you like to fish, read a book, or picnic, it’s all waiting for you within walking distance from your front door.

While it is great to be part of a close-knit community, you probably want privacy when you are relaxing in your yard. Most Southampton lots boast 0.98 to 2.44 acres of land. You’ll have your own fence and woods behind the house which is a luxury most other subdivisions do not offer.

Richmond County. Homes with big backyards

 

Check out our neighborhood Summerlin for other great single-family homes located in Columbia County, GA.

For more information about Richmond County, GA Real Estate or Columbia County, GA Real Estate, contact Berkshire Hathaway HomeServices Beazley, REALTORS®  at 706-863-1775.

 

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