San Joaquin Valley Homes (SJV Homes) has started construction on model homes at Chandler Park — a 28.75 acre residential community located at 12th Avenue and Hume Avenue in Hanford. The developer is building 115 single-family homes, which are scheduled to open for sale in August of 2017.
“We are eagerly anticipating the introduction of our Chandler Park models to the Hanford community,” said Joe Leal, co-founder for Visalia-based SJV Homes. “This development will fill a void in the community that has a proven demand for new housing”.
Chandler Park will offer three- and four-bedroom homes with two- or three-car garages in five floor plans ranging from 1,443-2,100 square feet. The homes will have covered front porches, nine-foot ceilings, energy-efficient windows and fixtures, kitchens with snack bars and islands, washable cabinets resistant to scratches and heat and walk-in closets. A wide variety of upgrades and options will be available.
Hanford is a growing community with one of California’s most thriving downtowns.
Chandler Park is located two miles from downtown Hanford and less than two miles from the Hanford Amtrak station. This new neighborhood is serviced by Martin Luther King Jr. Elementary School, Woodrow Wilson Junior High and Hanford West High School. Hanford was recently named one of the “Prettiest Painted Places in America” by the Rohm and Haas Paint Quality Institute.
Founded in 2013 by Joe Leal, Jim Robinson and Randy Merrill, SJV Homes plans on selling its 1,000th home by July, making it one of the region’s most active homebuilders.
Chandler Park is a joint venture project with Presidio Residential Capital, a San Diego-based real estate investment company that funds 100 percent of the projects and operations of SJV Homes.
About SJV Homes
Deeply rooted in residential construction, the founders of Visalia, California-based San Joaquin Valley Homes have built thousands of quality homes and attractive neighborhoods for Central Valley residents. Founders Joe Leal, Jim Robinson and Randy Merrill share a vision of delivering excellence through every level of building, delivering wonderful homes in great neighborhoods. In 2013, SJV Homes combined forces with Presidio Residential Capital, a real estate investment company based in San Diego. www.sjvhomes.com
By Mike Allen, Real Estate
April home sales in Visalia, Tulare, and Porterville continued strong according to the Tulare County Multiple Listing Service.
There were 376 closed sales in the County during the month or April 2017 which compares with a total closing of 329 home sales in April 2016. Read the rest of this entry »
Real Estate Blog March 15, 2017 9:21 AM
San Joaquin Valley Homes plans to open at least three new communities this year after ending 2016 on a strong note with a 25 percent increase in the number of houses closed compared to the year before.
Founded in 2013 by Joe Leal, Randy Merrill and Jim Robinson, SJV Homes is shooting to build its 1,000th house by the end of this year. New communities would include the 113-home Chandler Park in Hanford opening in June; Chelsea West, an 81-home neighborhood, in Visalia; and a high-density, single-family project with 51 home sites in Visalia.
“As we enter our fourth year building beautiful single-family homes in the San Joaquin Valley market, we are thrilled with our continued success,” Leal said in a news release.
Last year, the builder opened three communities: Sedona with 53 single-family homes in east Tulare; 87 homes at Viscaya in Dinuba; and Pine River Estates, a 37-acre community with 144 houses in Visalia.
The company sold 305 homes in 2016. It built and closed escrow on 297 homes, up from 237 houses closed in 2015.
Kings County Business Pulse
Jan 27, 2017 By John Lindt
Fast growing San Joaquin Valley Homes is working on a third and fourth new home subdivision in Hanford this new year. Banking on future growth, the Visalia-based builder is promoting an annexation of 80 acres on Fargo between 11th and 13th Avenues. The project will be coming to the city planning commission in the next few months. According to the application, about 40 acres of the new development will be earmarked for 127 new single family homes as well as a park and storm basin. The remaining acreage, another project, will be zoned for future residential as well.
San Joaquin Valley Homes spokesperson Lisa Walker says firm details on the new developments are to available yet. “It’s early in our entitlement process,” she says.
Just last November, the homebuilder broke ground on their second subdivision in town – at 12th and Hume where they will build 115 homes.
Their original Hanford project called Hartley Grove, launched in 2013 with 182 home sites, surfaced as Kings County was just coming out of the housing bust. Homes here start at $219,000.
Today Kings County is considered the most affordable county in California, where 56 percent of the population is able to buy a median priced home. Statewide, the median average is $516,000 with just 31 percent of residents able to afford a home.
Kings County Business Pulse
Jan 19, 2017 By John Lindt
“Hanford is experiencing a housing boom” says the city’s top building official – Tom Webb. “We keep track on a fiscal year basis, and we estimated that from July 2016 to July 2017 we would be around 250 new home permits. It turns out at the half year mark as of Jan. 1, we have already permitted 218 homes.”
Webb says some builders may have moved up their applications because user fees rose as of January but activity is brisk, nevertheless.
City figures show a rising construction tide as Hanford permitted 163 new homes in 2014/15 and 225 in 2015/16. This year could be over 300.
Kings County’s busiest builder is Lennar followed by Woodside Homes, San Joaquin Valley Homes and Wathen Castanos Hybrid Homes followed by Blue Mountain Construction.
By Luis Hernandez 1:31 p.m. PST December 30, 2016
Construction permits for 2016 in the county’s two largest cities will likely be up compared to 2015 totals.
With December totals yet to be added, the number of permits on most key categories issued in 2016 has matched or increased those from 2015.
In Visalia, the number of permits for multi-family residential projects, additions or alterations, commercial building and miscellaneous is up.
The lone key statistic down is for new single-family homes. However, when the December numbers are added, the single-family permits are expected to rise past 2015’s total.
“It was good, strong development,” said Adam Peck, chairman of the Visalia Planning Commission. “We have had good, steady development that’s sustainable for a city our size. It’s definitely steady.”
In Tulare, permits for single-family homes and multi-family projects are up as well as commercial additions, repairs, and alterations.
Permits for new commercial and demolitions are lower in 2016, but missing the December request. Read the rest of this entry »
Published on 12/07/2016 – 12:32 pm
Written by Business Journal staff
Local homebuilder San Joaquin Valley Homes (SJV Homes) has announced its model homes at Visalia’s Pine River Estates are set to open Dec. 17.
Pine River Estates is a 37-acre community offering 144 single-family homes located on Virmargo Street between St. John’s Parkway and Houston Avenue. The development is located with quick access to Rawhide Stadium, downtown Visalia and major employers, including Kaweah Delta District Hospital, College of the Sequoias and CIGNA Healthcare. St. John’s River Trail is also right across the street from the community. Read the rest of this entry »
Published on 11/23/2016 – 10:38 am
Written by Ben Keller
Anticipation is high in Tulare County after a year of steady growth in the economy.
Perhaps the most telling indicator lies in the housing market. By September, home sales were up 8.5 percent in Tulare County compared to the year before, according to the California Association of Realtors, while home prices jumped nearly 11 percent. The organization also forecasts existing home sales to increase 2.2 percent throughout the Central Valley next year.
While new homes are still in short supply, there is reason to believe residential construction is coming around.
San Joaquin Valley Homes, for instance, recently cut the ribbon on its 84-home Viscaya development in Dinuba and is also working on another 144-home subdivision in Visalia called Pine River Estates.
The city is on track to award 650 residential building permits in 2016 compared to 615 the year before. Read the rest of this entry »