New Dawson Creek ranch ready before holiday

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The 1,328-square-foot Biltmore ranch home at Dawson Creek in Poplar Grove is available for delivery before Thanksgiving for only $139,900. This three-bedroom home, which can be configured to include a den in the place of one of the bedrooms, has two bathr

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Gerstad Builders has a new ranch model at Dawson Creek in Poplar Grove that will give a new homebuyer something to be thankful for.

Available for a new family to host a Thanksgiving celebration, the new 1,382 square-foot Biltmore ranch home is base priced at only $139,900. Just like the family table on Nov. 24, the Biltmore home is filled with goodies, like a full basement, central air conditioning, white colonist doors/trim, upgraded carpeting and padding and GE appliances (gas range, microwave/range hood, garbage disposal and dishwasher).

Gerstad Builders is also reminding prospective buyers that mortgage rates are at a historic low of 3.5 percent for a 30-year fixed-rate loan. With mortgage rates this low, homebuyers can expect the monthly mortgage payments on the $139,900 Biltmore home (assuming 25 percent down) to be as low as $471 per month (does not include property taxes or insurance). Gerstad also has some financing options that would allow families with as little as 3.5 percent down to possibly qualify for a 30-year fixed-rate mortgage.

“Even if you include property taxes and insurance into the monthly mortgage payment of $471, the total would still be less than $1,000.00 per month,” said Roger Gerstad, company president. “With these numbers you can hardly afford to keep renting.”

With mortgage rates at a historic low, investing in real estate is making more sense as each day goes by. For parents or grandparents thinking about helping the next generation get a leg up on the benefits of home ownership, the time is perfect to move on those feelings. Plus, it is worth noting that the federal government allows each parent or grandparent the opportunity to gift $13,000 each to anyone they choose. For example, Mom could gift $13,000 and dad could gift $13,000 to their son or daughter, which would go a long way as a down payment on a new Gerstad home. Plus there are no negative tax implications for anyone, according to Gerstad.

The available Biltmore model was designed to be attractive to a wide range of homeowner lifestyles. For those with growing families, it comes standard as a three-bedroom layout, but one of the bedrooms can be converted into a study. For empty-nesters, the floor plan eliminates the need to climb stairs. The home features a two-car garage, steeply-raked rooflines and decorative brick. Because of clever architectural details like a cathedral ceiling in the great room, nine-foot ceilings in all other rooms and the elimination of unnecessary walls between the kitchen and great room, the feeling of spaciousness is emphasized significantly.

Although not available for quick occupancy like the Biltmore model, Dawson Creek also offers a variety of ranch and two-story homes that typically feature vaulted ceilings (per plan) three to five bedrooms, two to three baths, living room, formal dining room, family room, professionally designed kitchen, breakfast area, basement and an attached two-car garage. These homes provide 1,567 to 2,929 square feet of living space that are base priced from $147,990 to $230,990.

All homes at Dawson Creek include furniture-quality cabinetry, GE appliance package (stove, dishwasher, garbage disposal and range hood) Kohler bathroom fixtures and faucets, and a one-year warranty program.

Gerstad Builders also offers a variety of options, including skylights, three-car garages (per plan), wood-burning fireplaces, additional volume ceilings, custom millwork, imported ceramic tile, Corian or granite counter tops, hardwood flooring, and English basements.

The Trails of Dawson Creek community is only six miles from Belvidere, 15 minutes from Rockford, and just minutes to I-90 or I-39. Schools are in the Boone North district, and medical care is available at Rockford hospitals.

The Trails of Dawson Creek is located on the north side of Orth Road, approximately a half mile east of Route 76. The sales center is open Saturday and Sunday from noon to 5 p.m. For more information, call (815) 547-0800 or visit the Website www.gerstadbuilders.com.