92 | Faye Homes T T Kelly Deeks Section price fall stoking interest BUILDING Proud flooring supplier to Faye Homes Carpet Court Riccarton - 241 BlenheimRoad Carpet Court Hornby - 2 Chappie Place Ph: 0800 787 777 carpetcourt.nz See us for themost extensive flooring range in Christchurch, with a knowledgeable teamand service you can trust. Mike 027 259 6018 PURVEYORS OF FINE PLASTER 0800 0800 79 | www.specialized.co.nz • New Home Fit-outs • Hot Water Cylinder Installs & Replacements • Bathroom Renovations Plumbing • Kitchen Upgrades & Plumbing Alterations www.aquacraft.co.nz | office@aquacraft.co.nz | Hamish 027 680 6582 | Stu 027 293 5531 www.residentialroofing.co.nz 41 Shakespeare Road, Christchurch Pleased to be associated with Faye Homes Phone. 027 553 3025 Email. dave@residentialroofing.co.nz While rising interest rates have curbed the residential construction market in most regions, huge section price drops by developers in Lincoln and Rolleston are now stoking interest and enquiry just in time for Faye Homes to release its latest show home at Rolleston. Faye Homes is still steadily building new homes and is booked up until the start of next year. “We’re hoping interest rates will drop and the market will pick up by then,” says Faye Homes new homes consultant Marshall Wang. “By mid-June we already started to see more foot traffic through our Te Whāriki show home in Lincoln, because a lot of local developers have dropped their section prices by $50,000 - $100,000. That’s a lot of money.” Marshall says some prospective clients understand interest rates are high, but they need a house and are getting ready to bite the bullet. Others can see the time for lower interest rates is coming, and they want to plan for their new home now so they’re ready to get straight on to it. Faye Homes’ show homes have always done a superb job of attracting new customers to the business, with their high quality design and workmanship representative of every Faye Homes project, and resulting in 80% of business generated by show homes. “Our show homes are very important to us,” Marshall says. “Even with our referrals, when they see our show home they fall in love with that and go on to build with us.” Faye Homes’ new Rolleston show home is set to open at the end of August and is currently being finished to a high standard. The three bedrooms, two bathrooms family home features high ceilings, abundant glazing, all day sun, and a carefully designed layout. Marshall says when the real estate market bottoms out, houses with good specification and good layout still sell. “It’s the one that doesn’t that’s struggling.” Faye Homes is dedicated to excellence in both the design and the construction of every home it builds, the quality of the locations it chooses, and the customer service it provides. “We take pride in being influential towards our customers, and putting them first is our key quality in creating excellent innovation and sustainable forms of development. At Faye Homes, we can assure you will be satisfied with the production of your home right
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