First new home in Niles since 2008 now complete

The sounds of construction have become rare in residential areas throughout Niles, Mich. Four years passed without any new homes being built, aside from a couple Habitat for Humanity projects. But, the construction standstill has come to an end with the help of some "carefree" developers.

A new house, located at 350 Carefree Court, was unveiled Wednesday and city officials were there to take a peak at the finished product.

The 1,377 square foot home is what developer Bryan Virgil sees as just the beginning.

"we are excited to see, maybe there is an opportunity here," said Virgil, who owns Carefree Villas. "Maybe the housing market has bottomed-out and we'll see things start to grow again."

This new project will test the waters for the housing market in the city.

"We really need Niles to have a variety of housing options," said Juan Ganum, city community development director. " This may prove that there is pent up demand for this sort of product."

The home is listed for $169,000 - a price higher than the average price of a home in Southwest Michigan.

"If it sells for the listing price, it will undoubtedly raise the price of homes in the Niles area," Ganum said.

A quick sell could help put Niles on the map as an affordable place to relocate to, according to Virgil.

"It could be people that really love to be near Notre Dame and this is very close to that," Virgil said. "and, people from chicago. It is expensive to live and retire in Chicago.This is very close to that, but it offers an affordable quality living. So, we're looking at all those markets."

Carefree Villas will be hosting an open house on Sunday from 1 to 5 p.m.

For more information, visit www.carefreevillas-michiana.com.


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