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NVR's Homes at Bulle Rock Community - Analyst Blog
NVR, Inc. ( NVR ), a major home building and mortgage banking company, offers single family homes at Bulle Rock community in Havre de Grace. These homes are part of NVR's Ryan home division and will be open for sales from Aug 25, 2013.
The Bulle Rock community is a resort style golf course community that offers easy access to railway Interstate 95 and MARC/Amtrak rail lines, Washington, D.C. and Philadelphia. The homes, with up to five bedrooms, 3.5 baths and 2-car garages, offer lawn care and snow removal facilities. Residents will also have access to the Residences Club with indoor and outdoor swimming pools, fitness center, tennis courts and a billiards room. Moreover, it gives its owners the convenience of shopping at the nearby shops of Havre de Grace and the towns of White Marsh and Aberdeen.
Owners can choose from a variety of models like Pisa Torre, Naples, Brentwood, Castleton, Daventry, Chantilly Place, Yates and Jasmine Grove at The Bulle Rock community. The homes range from a square foot area of 1,400 square feet priced at $130,000 to 2,740 square feet priced at $360,000. Moreover, the homes can be upgraded with additional patio space, fuller closets, a dual sink vanity and a tray ceiling in the bathrooms and owners' suites.
Like all Ryan Homes, the Bulle Rock community homes are ENERGY STAR certified and carry 10 years' structural warranty. The residents can, therefore, save up to 30% on monthly utility bills compared with other standard homes.
We are encouraged by NVR's initiatives to constantly introduce new products to capitalize on the improving housing market. However, we would prefer to stay on the sidelines as the housing market is still recovering and the rest of the macroeconomic parameters are on a slow growth trajectory. Currently, NVR carries a Zacks Rank #3 (Hold).
Other stocks in the homebuilding sector that are performing well and deserve a mention include Hovnanian Enterprises Inc. ( HOV ), The Ryland Group Inc. ( RYL ) and Meritage Homes Corp ( MTH ). All these stocks carry a Zacks Rank #2 (Buy).
HOVNANIAN ENTRP (HOV): Free Stock Analysis Report
MERITAGE HOMES (MTH): Free Stock Analysis Report
NVR INC (NVR): Free Stock Analysis Report
RYLAND GRP INC (RYL): Free Stock Analysis Report
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