A Big Home with a Small Footprint – 133 Fairfield Built by Green Builders

133 Fairfield Court was built in 2007 by Green Builders, Inc. A few of the money-saving features include a tankless water heater, spray foam insulation, and energy star appliances.  As an example of the potential savings, this 2,192-sf eco-friendly home has a 2011 average electric bill of $65/month!  Considering the excessive heat wave that Austin just experienced, that is a significant savings compared to other homes without spray foam insulation.  Most “traditional” homes could have bills 2-3 times this amount and every $50/month in savings is equal to another $10,000 in your loan amount.  Consider this: You can buy an inferior home for the same amount of money, but if you consider the true cost of ownership and factor in your low utility bills, you will  end up paying less monthly for a better home!  Prove it to me you say?  Well, here’s an example from Edward, who also lives in a Green Builder home.  Click this link to read the article on his experience.

Other green features include low VOC paint, varnish, and adhesives, upgraded recycled carpet, stainless Tresca countertops, drought-resistant landscaping, rain water collection system, and Low-E windows.  This is a rare find as Green Builders no longer builds in Georgetown Village.  133 Fairfield allows you to enjoy the benefits of enormous eco-saving efforts in this home, and save money on utility bills!

Rare Green Builders home with 24/7 views of the park.

Not only can your wallet feel good about this home, so can your eyes as you look out your window to a beautifully treed park across the street.  Georgetown Village is filled with hike and bike trails, trees, and benches, but not every home has one within ten steps of their front door.  In fact, only nine other homes on Fairfield Court share this park.  It’s no wonder that out of nine total real estate transactions on this street, eight of the homes averaged under 60 days on the market!  This is a great opportunity to own a home in Georgetown Village that is green for the environment and faces a park – a rare combination!

From your door to this trail in under 10 seconds!

The 2,192-sf home boasts a huge kitchen and living area, three big bedrooms with walk-in closets, a separate game room, detached garage, ample back yard space, front row seats to the park, and a 400-sf space above the garage that can be finished out to meet any of your needs – 4th bedroom or guest accommodations, executive suite or office, media room or home theater, game room or play room, heated and cooled storage, etc.  The huge space makes this home a perfect fit for any buyer.  Finishing out this space can add instant equity to your home!

Uncage your creative self with 400 sf of workable space!

This home is not just designed to save you energy, but also time.  If you have a load of laundry sitting in your master bedroom closet, simply open up the “secret” door that leads to the laundry room and dump it in the washing machine!  These type of features are normally seen in custom homes that cost three times as much!

For a reduced price of $211,900, you get panoramic park views, an energy-saving home, and a space above the garage that can be easily expanded for an extra 400 sf of living space.

See below for more information, pictures, and video and contact us if you have any questions.

 

133 Fairfield – Floor plan
133 Fairfield – Energy Efficient Home
133 Fairfield – Upgrades
133 Fairfield – Lot Title Survey
133 Fairfield – Inspection Report – All items repaired by Green Builders except for toilet (seller) and AFCI
133 Fairfield – Sellers Disclosure

Green Builders in Georgetown, Texas – great home, bad stock

After I bought my Green Builders home, I also purchased some of their company stock.  It’s an expensive way to force me to pay attention to any financial news regarding the builder.  Same thing for my gym membership.  If I don’t pay, I just won’t exercise.

Today I ran across an article that gave me reason to sell all of my shares:

Green Builders gets delisting notice
January 29, 2009 6:14 PM ET

from bizjournals.com

nyse

Green Builders Inc. could be removed from the stock exchange its been trading on if it doesn’t regain compliance with listing rules.

The Austin-based homebuilder said it’s received a notice from NYSE Alternext US, formerly the American Stock Exchange, that the company is currently noncompliant with rules and has until Feb. 23 to submit a plan outlining how it will regain compliance by July.

According to Green Builders (NYSE Alternex US: GBH) the exchange, in explaining its decision, cited the fact that the company’s stockholder equity is less than $2 million and the company has sustained losses from continuing operations and net losses in two of its three most-recent fiscal quarters. Furthermore, the exchange said that the company’s losses are so substantial in relation to its overall operations or financial resources, that it appears questionable to the exchange whether the company will be able to continue to operate or meet its obligations.

The company said it will explore all of its options and has not made a decision whether or not it will submit a plan to continue to trade on the exchange. For now Green Builders continues to trade on the exchange.

Ouch, so what does that mean for the builder?  Hopefully that won’t affect their ability to operate in Georgetown Village.  I would think that the only thing that changes is their ability to raise money through their shareholders.  However, I’m no financial guru.  It’s an obvious fact that the stronger the financials of a builder, the more likely they’ll stick around and net losses in two of its three most recent fiscal quarters doesn’t sound very promising.  It would probably be harder for the company to borrow money and So what’s your prediction?  Do you think they’ll stay or go?

Green Builders in Georgetown Village – Their newest customer

Craftsman-style home by Green Builders in Georgetown Texas

A few weeks ago, I helped one of my favorite clients, Rod and Carol, purchase a home by Green Builders in my neighborhood Georgetown Village. This was very special for me because it now meant that I have sold every major builder that has been built in this neighborhood! That would include Perry Homes, Bowen Homes and Origin Homes; which are the current builders, and also some past builders like David Weekley, Lennar and Morrison. That seems like a lot of builders for a small neighborhood of around 500 homes like Georgetown Village, but as we move forward, it seems as though only Green Builders and Perry Homes will be doing the bulk of the building.

After I showed the home to Rod and Carol I jokingly told them that I liked the floorplan so much that if they didn’t buy it, I would! The funny thing is, soon after they closed on the home, a contract on this home (pictured above) fell through and it came back on the market. It was the same exact floorplan as the one I had sold to Rod and Carol! So after a few days of negotiation, I am now the future owner of a Green Builders home! The beauty of this is that it’s just 5 houses down on my same street…so no moving truck needed:)

My wife is pretty excited because we gain an extra bedroom and lots more space. It may not look very large, but it’s 2400 SF and has 4 bedrooms, a gameroom, a study and a large studio above the garage which adds an additional 400 SF.

This studio is the main reason we’re moving. I’ve been blessed to be able to work from home, but the downside is that it’s hard to focus and concentrate with 3 kids running around in the home! Now, I can bring clients to my office without having to do the “5 minute house clean-up”, I can better focus on my work, and I’ll be better able to STAY AWAY from work when I’m with the family. I mean, what good is it to work from home yet not gain any additional quality time with the family?

So, here’s to HIGHER quality family time and LOWER energy bills!

If you have an experience with Green Builders please share them with me on this post! This blog is boring without any outside feedback and what you have to contribute can help somebody else!

Check out my home video for the tour:

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