Ryland Unveils Model Homes in Washington DC Metro Area
Recently, Ryland Group Inc. (RYL) unveiled 8 model homes in three communities in Maryland and Virginia in the Washington D.C metro area. The floor plans of these new homes include single family, condos and town homes. The three communities include East Gate in Chantilly, VA, Norbeck Crossing in Silver Spring, MD and Brick Yard Station in Beltsville, MD.
East Gate in Chantilly, VA currently features 4 furnished condo models, Leesburg, Middleburg, Brighton and Chatham. The prices of Leesburg and Middleburg start from $290’s while those of Brighton and Chatham start from $320’s. East Gate homes accommodate 3 large bedrooms, 2 ½ baths and 1 car garage. The open kitchen features 42” Aristokraft maple cabinetry and a GE appliance package. The electrical appliances include a 22 cu. ft. refrigerator, microwave, gas range and dishwasher.
Norbeck Crossing in Silver Spring, MD features 3 furnished condo models, prices starting from $290’s. The floor plans include ample living space, up to 2 bedrooms and 2 baths. Homebuyers will be offered various options such as 42” maple cabinetry, granite countertops, elegant hardwood flooring, low-e windows with secure access and private garage space. The community also includes townhomes priced from the $420’s and luxury single-family homes priced from the $580’s.
Millbrook single-family model home in Brick Yard Station in Beltsville, MD offers luxurious owner’s suite with dual walk-in closets, vanities and separate soaking tub and shower and is priced from $460’s. The community also includes townhomes with prices starting from $290’s and $380’s.
Ryland has been continuously making efforts to open new homes and communities and meet its customers demand. Earlier this month, Ryland Group has unveiled a number of new homes. The company announced the opening of two fully decorated townhomes models — Tydings and Tilden model homes — at Hyett’s Crossing Community in Middletown, DE. The company also introduced eight luxurious communities of townhomes and single-family homes in the Philadelphia metro region.
Accelerating job growth and increasing consumer confidence are boosting the demand for new homes. In fact, in order to cater to the increasing demand, homebuilders like Ryland, Lennar Corp. (LEN), Pulte Group Inc. (PHM) and NVR Inc. (NVR) are investing heavily in building homes.
Ryland Homes carries a Zacks Rank #3 (Hold).
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