New Construction Homes
New Construction homes in Augusta GA and the surrounding area are flourishing in a slow housing market. While most U.S. cities are still suffering a sluggish housing market new construction in Augusta GA is the predominant real estate sales compared to re-sell homes and commercial real estate. The reason for the real estate sales of new construction homes in Augusta and the surrounding area is the presense of consistanct job transition within the Augusta GA area. Numerous accounts of people that transition to the area are for jobs at Fort Gordon Military Base, John Deere Company, Club Car, Savannah River Site, Plant Vogle Power Plant, and Georgia Health and Science University etc. The cost of homes based on dollar per square foot value of new homes is significantly less than the dollar per square foot value of homes purchased at the top of the market in years between 2003 and 2008. In the Augusta GA area the same new home in 2003 may have cost an average of $90.00 per square foot making a home at 2000 square feet $180,000. Now the same new home of comparabe size may cost $74.00 a square foot or $148,000. This price could fluctuate in both scenarios depending on area of city and amenitites but the difference in value is comparable.