Category: Real Estate & Home Buying

Dream Home Deals | Save Up to $25K

Posted on April 10, 2025

LNH Incentive

Save Up to $25K On Your New Home!


Experience a Fresh Season, Fresh Start with Lowder New Homes! Whether you’re building from the ground up or moving into a ready home, enjoy up to $20,000 for design upgrades and a rate buy-down. Plus, get an extra $5,000 towards closing costs when you use a Preferred Lender.

Your dream home awaits—contact New Park today!

Contact New Park- Claim Your Offer!
LNH Incentive

Offer valid on select Lowder New Homes contracts executed before May 1, 2025. Incentive of up to $20,000 may be applied toward design upgrades, rate buy-downs, closing costs, or other approved options, subject to lender guidelines and approval when using a Lowder New Homes preferred lender. An additional $5,000 incentive is available for buyers towards closing costs. Actual incentive amounts vary by home and community. Offer cannot be combined with any other promotions, discounts, or previously signed contracts. Incentives are subject to change or withdrawal at any time without notice. Additional terms, conditions, and restrictions may apply. Contact a Lowder New Homes agent for details.

Montgomery’s Best-Kept Secrets: What Locals Know (And You Should Too!)

Posted on March 6, 2025

pin of montgomery al on map
pin of montgomery al on map

Thinking about moving to Montgomery, Alabama? Or maybe you’ve lived here for years and still feel like you haven’t uncovered all its hidden gems?

Montgomery is a city where history meets modern charm, outdoor adventure blends with cultural vibrancy, and locals hold onto secrets that make life here even better.

One of Montgomery’s most sought-after neighborhoods, New Park, offers residents the best of both worlds– a peaceful, community-driven atmosphere just minutes from the city’s top attractions. With beautiful new homes and scenic outdoor spaces, New Park is the perfect place to enjoy everything Montgomery has to offer while having a welcoming neighborhood to call home.

Whether you’re a history buff, outdoor enthusiast, foodie, or simply looking for insider knowledge, this guide will help you experience Montgomery like a true local– and show you why so many people are choosing New Park as their next home.

Explore Available New Homes in New Park
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Things to Do in Montgomery: Hidden Gems & Local Favorites

Montgomery’s History is Everywhere- Even in Unexpected Places

Founded in 1819, Montgomery became Alabama’s capital in 1846, placing it at the center of both the Civil War and the Civil Rights Movement. While visitors often head straight to the Alabama State Capitol or the Rosa Parks Museum, locals know history is woven into the city itself.

Historic Sites You Might Miss:

  • Winter Building: The telegram that started the Civil War was sent from this downtown building in 1861, leading to the first shots at Fort Sumter.
  • Montgomery Fair Department Store: Rosa Parks worked here as a seamstress before making history in 1955. Today, an open-air park with a replica façade honors her legacy. Locals love grabbing a coffee from Prevail Union next door and reflecting on history.
  • Mount Zion A.M.E. Zion Church: The birthplace of the Montgomery Improvement Association, which led the Bus Boycott. Dr. Martin Luther King Jr. was elected its first president here.
  • Holt Street Baptist Church: The first mass meeting of the Montgomery Bus Boycott took place here in 1955, where Dr. King delivered one of his earliest major speeches.
  • Freedom Rides Museum: Originally a Greyhound bus station, this site preserves the story of the Freedom Riders, who were attacked here in 1961 while protesting segregation.
  • National Memorial for Peace and Justice: This memorial is an immersive and emotional journey through America’s painful past. Many visitors come for the memorial but don’t make it to the Legacy Museum– its companion site just a few blocks away.
  • Wright Brothers Flying School Marker: In 1910, the Wright brothers opened their first civilian flight school in Montgomery, on what later became Maxwell Air Force Base. Visit Wright Brothers Park along the Alabama River to see the historical marker.
  • Lucas Tavern: Once the final stop on the stagecoach route to Montgomery, this 19th-century tavern hosted the Marquis de Lafayette in 1825. Now part of Old Alabama Town, a collection of restored historic buildings.
  • Oakwood Cemetery: More than just the final resting place of Hank Williams, this cemetery also holds RAF and French Air Force pilots’ graves from WWI, as well as the graves of four governors of Alabama. 
  • Steiner-Lobman Building & Mysterious Casket: Built in 1891, this downtown building has a casket-shaped object on its roof. No one knows why, but theories range from an advertising stunt to a hidden water cistern.
  • Moon Tree: A loblolly pine on the Alabama State Capitol Grounds grew from a seed that traveled to the moon on Apollo 14. There’s no sign explaining it– you just have to know where to look!

Located in East Montgomery, New Park is a peaceful, modern neighborhood just 10-15 minutes away from the city’s most significant historic sites. Whether you’re exploring the landmarks of the Civil Rights Movement, strolling through historic downtown, or learning about Montgomery’s role in aviation, you’re never far from the history that shaped the nation. 

More Things to Do in Montgomery That Locals Swear By

Outdoor Adventures You Didn’t Know Existed

Montgomery may not have mountains or beaches (though we’re centrally located within a few hours’ drive of both), but locals know it’s packed with outdoor gems. 

Top Outdoor Spots Locals Love:

Best Places to Explore on Foot or Bike

Montgomery is becoming more pedestrian-friendly thanks to its growing network of walking and biking trails. Here are some of the best local-approved routes:

  • Shady Street Trailhead and Park: A hidden urban oasis north of downtown. A planned expansion will connect it to Riverfront Park.
  • Old Cloverdale Urban Trail: A two-mile loop through one of Montgomery’s most picturesque historic neighborhoods, featuring bike lanes, shaded streets, and charming local businesses.
  • Young Meadows Park Trail: A newly completed pedestrian corridor linking Blount Cultural Park and Woodmere Park.
  • Riverfront Greenway: Once completed, this multi-use trail will stretch from Maxwell Air Force Base to Shady Street Trailhead, passing Montgomery Whitewater, Wright Brothers Park, and EAT South Urban Farm.
  • New Park’s Chastain Lake Walking Path: Residents of New Park enjoy exclusive access to a scenic one-mile walking path encircling Chastain Lake, offering peaceful waterfront views, shaded spots to relax, and a beautifully maintained route perfect for a morning jog or evening stroll.

Local Tip: Plan your trail visits around Montgomery’s weather– mornings are best for outdoor activities before the heat sets in.

Living in New Park means having some of Montgomery’s best outdoor destinations just minutes away. You don’t have to go far to enjoy Montgomery’s growing network of trails, parks, and outdoor recreation– it’s all right outside your door.

More Things to Do in Montgomery For Families

Shopping Like a Local: Where to Find Hidden Treasures

Forget the big-box stores– Montgomery has some of the best antique shops, artisan boutiques, and farmers markets in Alabama.

Whether you’re upgrading to a larger home or buying your first home, having a pre-approval letter in hand ensures you’re ready to move quickly when you find the perfect home.

Antique & Vintage Shopping

  • Eastbrook Flea Market & Antique Mall: This massive antique wonderland features over 300 vendors across multiple floors. From furniture and artwork to vintage clothing, books, and rare collectibles, this spot is a must-visit for treasure hunters. Expect to spend hours browsing!
  • Montgomery Antiques & Interiors: This upscale antique shop offers fine furniture, rare collectibles, and elegant home décor. 
  • Pickwick Antiques: Specializing in European and Southern antiques, Pickwick is known for its refined, museum-quality pieces.
  • Amy’s Antique & Flea Mall: With over 80 vendors in a sprawling 20,000-square-foot space, Amy’s is a treasure trove of antiques and collectibles.
  • Rescued Relics: Operated by the Landmarks Foundation, this non-profit salvage warehouse specializes in pre-1960s building materials, offering vintage doors, mantels, windows, sinks, balustrades, light fixtures, and more. All proceeds go toward preserving Old Alabama Town and Montgomery’s historic structures.

Locally Crafted & Curated: Montgomery’s Best Indie Shops

  • Southern Art & Makers Collective: This artisan shop features work from local artists and makers, including handcrafted jewelry, pottery, paintings, and home décor. If you’re looking for a thoughtful, one-of-a-kind gift (or something special for yourself), this is the place to find it.
  • NewSouth Bookstore: An independent bookstore in the heart of downtown Montgomery, NewSouth specializes in Southern history, culture, civil rights, politics, and literary fiction. With both new and used books, it’s the perfect place to browse for rare titles, signed editions, and books you won’t find at big-box stores.
  • Goat Hill Museum Store: Located inside the Alabama State Capitol, this shop is a must-visit for Alabama-made gifts, specialty food items, unique souvenirs, and even holiday ornaments.

Farmers Markets & Fresh Local Finds

  • Montgomery Curb Market: This indoor farmers market has been a staple for locals since 1929. Here, you’ll find seasonal fruits and vegetables, fresh-cut flowers, homemade jams, and baked goods. Many of the vendors are generational farmers, so you’re getting the best of local agriculture.
  • SweetCreek Farm Market: Tucked along the outskirts of East Montgomery, this farm-to-table gem offers everything from fresh-picked produce to homemade ice cream. Beyond the market and café, visitors can explore the fields, visit the goats and chickens, or relax in the kids’ play area.
  • Montgomery State Farmers Market: Located at 1655 Federal Drive, this state-run market offers a selection of fresh local fruits, vegetables, and specialty foods.
  • Peppertree Steaks & Wines: This is a go-to for high-quality meats, fine wines, and gourmet goods. If you’re planning a backyard BBQ or looking for the best steak in town, this is where the locals shop.
  • Filet & Vine: A Montgomery institution since 1997, Filet & Vine is part specialty market, part deli, part bottle shop.

Living Like a Local: Montgomery’s Best-Kept Secrets & Insider Tips

Want to navigate Montgomery like a pro? Whether you’re a new resident or a long-time local, these insider tips will help you make the most of the city

  • Parking is free downtown after 5 PM and on weekends. No need to worry about feeding the meter– just park and enjoy!
  • Meat-and-threes are a Montgomery staple. New to the concept? Order fried chicken, mac and cheese, turnip greens, and cornbread at Martha’s Place or Martin’s, and you’ll be eating like a true local.
  • Publix BOGO sales? You don’t have to buy two! Each item rings up at half-price, so you can stock up without overbuying.
  • Best coffee shops for working or studying? Prevail Union and Hilltop Public House both have fast Wi-Fi, great vibes, and expertly brewed coffee.
  • Beat the heat indoors! Let kids burn off energy at Fun City or MMFA ArtWorks, a hands-on children’s art experience at the Montgomery Museum of Fine Arts.
  • Want to trace your family history? You can research your Alabama roots for free in the Alabama Department of Archives and History’s Research Room.
  • The Montgomery Humane Society offers gift-wrapping services at Christmas to raise money for animals in need.

What You Should Know Before Moving to Montgomery

  • You’ll need a car! Public transportation is limited, and most residents drive everywhere. Ride-sharing services like Uber and Lyft are available but not as widespread as in larger cities. 
  • Summers are hot and humid. Expect high temperatures and intense humidity from at least May through September. A cooling towel, a good fan, and a reliable AC unit are must-haves. Fall and spring are more comfortable, but summer heat can be brutal.
  • Tornado season is real. Montgomery and the surrounding River Region experience severe thunderstorms and tornadoes in the spring and fall. Have a weather alert app downloaded, know where your nearest storm shelter is, and sign up for local emergency alerts.
  • The cost of living is low. Compared to other major Southern cities like Atlanta, Birmingham, and Nashville, Montgomery offers more house for your money, lower property taxes, and an affordable overall cost of living. 
  • Day trips are easy. Montgomery is centrally located in Alabama, making it a great home base for weekend trips to Birmingham, Atlanta, Gulf Shores, and even Nashville or New Orleans.
Guide to Buying a New Home in Montgomery

Where Locals Are Moving Next

If you’re moving to Montgomery or looking for a fresh start, New Park is one of the most sought-after communities. With modern homes, beautiful outdoor spaces, and a strong sense of community, it’s a top choice for homebuyers of all lifestyles.

Why Homebuyers Love New Park

  • Schools Nearby: Families love the convenience of Wilson Elementary School, Johnnie Carr Middle School, and Park Crossing High School, all just minutes away. Several private school options are a short drive away. 
  • Modern Homes: Built by some of Montgomery’s best homebuilders, New Park offers spacious layouts, modern features, and premium finishes. Whether you’re a first-time buyer, growing family, or downsizing, there’s a home to fit your needs.
  • Community-Centered Lifestyle: More than just a neighborhood, New Park is designed for connection. Residents enjoy amenities like a walking path, a playground, and a private community pool, making it perfect for families and outdoor lovers.
  • Prime Location in East Montgomery: New Park offers easy access to shopping, dining, and entertainment.

Ready to find your dream home? Check out our new homes for sale and schedule a tour to see why so many people are choosing New Park as their next home!

Explore Available New Homes
Schedule Your Personal Tour!

PLUS: Get Up to $20K + $5K in Closing Costs – Limited Time!

For a limited time, purchase a pre-sale or move-in-ready Lowder New Home and receive up to $20,000 to use your way! Or, build your dream home with a FINAL FOUR upgrade package. Close by April 7, 2025 for up to $5K in closing costs!

*Terms and conditions apply. Please see a sales associate for details.
**Closing cost incentives available exclusively with Preferred Lenders.

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The Importance of Pre-Approval for Your Dream Home in Montgomery

Posted on January 10, 2025

man and woman smiling in front of lapatop
man and woman smiling in front of lapatop

When it comes to purchasing a home, especially in a thriving community like New Park in East Montgomery, securing a pre-approval is more than just a formality– it’s your golden ticket to turning your dream into reality. 

Here’s why pre-approval is crucial, why it often matters more than pre-qualification, and how working with a local lender can give you an edge in this competitive market.

Pre-Approval vs. Pre-Qualification: What’s the Difference?

Many buyers confuse pre-qualification with pre-approval, but the two are vastly different in terms of credibility and impact on your homebuying journey:

  • Pre-Qualification: A quick estimate of how much you might be able to borrow based on self-reported financial information. It’s useful for getting a general idea of your budget but lacks the weight of verified documentation.
  • Pre-Approval: A thorough process where a lender verifies your income, assets, credit score, and debt-to-income ratio. With pre-approval, you’ll receive a commitment letter stating how much you can borrow, making you a serious buyer in the eyes of sellers.

In today’s fast-paced real estate market, pre-approval is essential. Sellers prioritize offers from pre-approved buyers, as it assures them that financing won’t be an issue.

Why Pre-Approval Matters in Montgomery’s Real Estate Market

Demand is high in the local market, especially in East Montgomery and communities like New Park. A pre-approval not only helps you set realistic expectations for your budget but also positions you as a serious contender in this competitive market. Here’s how:

  1. Sets a Clear Budget: Knowing your borrowing limit helps you focus on homes within your price range, saving you time and effort.
  2. Strengthens Your Offer: A pre-approved buyer is a confident buyer. Sellers in desirable neighborhoods often favor offers with pre-approval over those without.
  3. Speeds Up the Process: With your financials already vetted, you’ll experience fewer delays once your offer is accepted.

The Local Lender Advantage

When buying in Montgomery, partnering with a local lender provides unique benefits that national lenders can’t always match. Here’s why choosing a local lender can make all the difference:

  • Personalized Service: Local lenders understand the Montgomery market and can provide tailored advice based on your specific needs.
  • Faster Communication: Being in the same community means quicker responses to your questions and faster processing times.
  • Stronger Relationships: Many sellers and builders in Montgomery, including those at New Park, have established relationships with local lenders, which can simplify and smooth the homebuying process.

At New Park, our builders and Preferred Lenders offer exclusive homebuying incentives, such as lower interest rates, reduced closing costs, and even upgrades. 

Your Dream Home Awaits at New Park

With serene landscaping, sparkling Chastain Lake, and amenities like the ParkPlayce playground and ParkPath walking trail, families, young professionals, military members, and retirees alike are drawn to New Park’s master-planned community.

Whether you’re upgrading to a larger home or buying your first home, having a pre-approval letter in hand ensures you’re ready to move quickly when you find the perfect home.

Take the First Step Today

Ready to start your journey to homeownership? Begin with a pre-approval from a trusted local lender! Their expertise and exclusive incentives will make your homebuying experience smooth and rewarding.

Explore Available New Homes
Schedule Your Personal Tour!

PLUS: Limited Time: Up to $15,000 in Buyer Incentives

New Park is excited to share this exclusive opportunity, available through one of our premier builders, Lowder New Homes, and their Preferred Lenders. Take advantage of up to $15,000* in incentives to help make your dream home a reality.

*Terms and conditions apply. Please see a sales associate for details.
**Closing cost incentives available exclusively with Preferred Lenders.

View New Park's Eligible Homes
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Limited Offer- Up to $25,000 in Buyer Incentives

Posted on January 10, 2025

lowder new home incentives

Up to $25,000 in Buyer Incentives

New Park is excited to share this exclusive opportunity, available through one of our premier builders, Lowder New Homes, and their Preferred Lenders. Take advantage of up to $25,000* in incentives to help make your dream home a reality:

  • Save on Interest Rates: Work with Lowder’s Preferred Lenders to lower your interest rate by up to 2 points—saving you hundreds monthly and thousands over the next two years, all at no extra cost.
  • Upgrade Your Dream Home: Enjoy up to $20,000 in upgrades, courtesy of Lowder New Homes. Whether it’s hardwood floors, luxury lighting, or premium countertops, you can create the space you’ve always wanted.
  • Reduce Closing Costs: Preferred Lenders will also contribute up to $5,000** toward your closing costs, so you can keep more money in your pocket.

With savings and upgrades totaling up to $25,000, now is the perfect time to move into a New Park home!

*Terms and conditions apply. Please see a sales associate for details.
**Closing cost incentives available exclusively with Preferred Lenders.

lowder new home incentives
Contact New Park to Learn More!

Guide to Buying a New Home in Montgomery, Alabama

Posted on November 1, 2024

collage of buying a new home in new park in montgomery al
collage of buying a new home in new park in montgomery al

Buying a home is a major step toward building the lifestyle and community you’ve envisioned. This guide covers each stage, from setting a budget and exploring Montgomery’s best neighborhoods to finding the right home and making a confident offer.

Along the way, you’ll discover why New Park in East Montgomery is more than just a neighborhood– it’s a welcoming community designed around comfort, convenience, and belonging. Ready to find a place that feels like it was meant for you? Let’s get started!

Define Your Budget

Setting a clear budget is essential for a confident home-buying journey. Understanding what you can comfortably afford lets you focus on homes that align with your financial goals. Here’s how to get started:

  • Estimate Monthly Mortgage Payments: Partner with a local lender to calculate your estimated mortgage payment, considering loan amount, interest rate, and loan term. This helps ensure payments are manageable within your income.

  • Calculate Your Down Payment: Down payments typically range from 3.5% to 20% of the home’s price. A larger down payment can lower your monthly payments and potentially secure a better interest rate.

  • Consider Property Taxes: With Montgomery’s relatively low property taxes, the area is more affordable. Including these in your monthly budget will help you avoid surprises.

  • Factor in Homeowners Insurance and Mortgage Insurance (PMI): Including these costs gives you a more comprehensive view of your total monthly expenses.

  • Understand HOA Fees: Communities like New Park may have HOA fees for amenities like pools, parks, and landscaping. Reviewing these fees helps you see how they fit into your budget.

Get Pre-Approved for a Mortgage

After setting your budget, getting pre-approved for a mortgage is the next important step. Pre-approval offers several key benefits:

  • Shows Sellers You’re a Serious Buyer:  A pre-approval letter shows sellers you’re a qualified buyer– a valuable advantage in competitive markets like East Montgomery.
  • Sets Clear Expectations: Pre-approval helps you focus on homes within your financial reach, making your search more efficient.
  • Streamlines the Closing Process: With financial paperwork already completed, pre-approval can shorten the time needed to close once you find the right home.

With pre-approval, you’re ready to make a confident, competitive offer on your future home.

Understand Montgomery’s Real Estate Market

Montgomery’s real estate market offers strong value across a variety of price points. Here’s how to make the most of the market:

  • Work with a Local Agent: An agent who knows Montgomery and New Park can guide you in finding good deals, understanding the area, and navigating the buying process.
  • Explore Value Across Neighborhoods: Each Montgomery neighborhood has its own unique characteristics and pricing. East Montgomery, where New Park is located, is especially attractive for its balance of accessibility and community vibe.
  • Stay Informed on Market Trends: Understanding trends like average market times and pricing can help you determine the best time to make a competitive offer.

Choose the Right Neighborhood in Montgomery

Choosing a neighborhood that suits your lifestyle is one of the most important steps in finding a home. Here’s how to narrow down your options:

  • Identify Your Priorities: Decide what’s most important to you in a neighborhood. Do you want to be close to schools, have easy access to shopping and dining, or enjoy green spaces? New Park is a top choice, blending convenience with a peaceful environment.
  • Explore Master-Planned Communities: Master-planned communities like New Park are designed with diverse lifestyles in mind. Our neighborhood amenities include scenic landscapes, a 14-acre lake, a private neighborhood pool, and a playground, creating a welcoming environment where neighbors can connect and relax.
  • Find a Community for Your Life Stage: New Park offers homes and amenities that grow with you. Our move-in-ready homes and customizable new builds provide flexibility for your changing needs.
Explore New Park

Identify Your Home Preferences

Knowing your preferences helps you find a home that feels like the perfect fit. Here’s how to get clear on what matters most:

  • Decide on Home Size and Layout: Think about the number of bedrooms and bathrooms you need and if you prefer an open-concept layout or more traditional spaces, New Park offers a range of floor plans to suit different lifestyles.
  • Choose Your Style: Montgomery’s homes offer styles from traditional to modern. Pick a style that resonates with you and feels right.
  • New Build vs. Move-In Ready: Decide if you want a move-in-ready home or a new build that you can customize. New Park offers thoughtfully crafted options that make it easy to find or build your dream home.

Tour Available Homes

With your budget set and preferences clear, it’s time to tour available homes. Visiting homes in person allows you to experience each space and picture yourself there.

  • Pay Attention to Layout and Flow: Walk through each room, paying attention to how spaces connect. Imagine how you’d live in each area, from the kitchen to the living room.
  • Examine Finishes and Craftsmanship: Details like cabinetry, flooring, and fixtures reveal a home’s quality. Touring lets you assess these elements firsthand.
  • Envision Daily Life in Each Space: Picture your daily routines in each room. This helps you decide if a home truly feels like the right fit.

At New Park, touring our available homes also allows you to experience our community amenities firsthand. 

Schedule Your Personal Tour!

Write a Contract

Once you find your dream home, quick, informed action is essential. Partnering with an agent who understands the local market is invaluable when making an offer.

Once you’ve found a home that meets your needs, it’s time to draw up a contract. Here’s how to approach this step, especially in high-demand areas like East Montgomery:

  • Collaborate with Your Agent on Crafting the Offer: Your agent will review recent sales and current market trends to help you structure a competitive offer.

  • Include Essential Conditions: Important contingencies like a home inspection and appraisal protect you by setting terms before finalizing the purchase.

  • Consider Asking for Closing Costs and Upgrades: In negotiations, you can request the seller to cover some closing costs or include valuable upgrades, such as a fence or window blinds, to enhance your new home.

Finalize Your Purchase and Plan Your Move

Congratulations! Once you have a signed contract, you’re almost ready to make your new house a home. Here’s what’s next:

  • Schedule a Home Inspection: An inspection checks the property’s structure and systems to ensure everything is safe and functional.
  • Arrange for an Appraisal: Your lender will order an appraisal to confirm that the home’s value aligns with your offer, ensuring it meets loan requirements.
  • Complete a Final Walkthrough: This last walkthrough ensures that all agreed-upon repairs are completed and the home is in the expected condition.
  • Sign and Close the Sale: With all documents in order, you’ll sign the paperwork and officially take ownership of your new home!

After closing, it’s time to plan your move. Moving to New Park means joining a friendly, active community with welcoming neighbors, beautiful amenities, and quick access to Montgomery’s top attractions. Get to know the local schools, parks, and dining spots that make New Park a truly wonderful place to live.

Why New Park is the Perfect Place to Call Home in Montgomery

New Park offers a lifestyle designed for comfort, connection, and convenience in East Montgomery. Here’s why it stands out:

  • Prime Location: New Park’s location puts you close to schools, shopping, dining, and recreation, making everyday life easy and enjoyable.
  • Quality Homes for Every Life Stage: Our new homes are thoughtfully crafted to meet diverse needs. Whether you’re a first-time buyer, a growing family, or looking to downsize, New Park offers styles, layouts, and customization options that make each home feel truly personal.
  • Family-Friendly Amenities: From Chastain Lake and our walking paths to the neighborhood pool and playground, New Park’s amenities encourage connection and relaxation.
  • A Welcoming Community: We value connection, safety, and support. Our shared spaces and community events make it easy to meet neighbors and form lasting bonds.

Are you ready to start your journey to homeownership in Montgomery? New Park welcomes you! 

View Available Homes

Montgomery Homeownership FAQS

How much does it cost to buy a new home in Montgomery, Alabama?

The cost of a new home in Montgomery varies based on location, size, and amenities. Generally, East Montgomery offers a range of price points with excellent value. New homes in New Park start in the mid-$300,000s, offering a range of options to fit different budgets. 

What are the best mortgage rates for buying a home in Montgomery?

Shopping around with different lenders and comparing rates can help you find the best mortgage rates for a Montgomery home. Pre-approval from a local lender familiar with the area may also provide better insights into competitive loan options.

How do I decide between a new build and a move-in-ready home?

A move-in-ready home allows you to settle in quickly, which is ideal if you’re looking to move soon. A new construction build, on the other hand, offers customization options that allow you to tailor the home to your preferences. At New Park, we offer both, so you can choose what suits your timeline and vision.

How do I know what monthly mortgage payment I can comfortably afford?

Work with a lender to determine what portion of your monthly income is reasonable for mortgage payments, property taxes, homeowner’s insurance and HOA fees. Knowing this amount before you start looking helps you focus on homes within your financial comfort zone, making for a smoother search.

What are the benefits of working with a local agent when buying a new home in Montgomery?

A local lending agent knows Montgomery’s neighborhoods, market trends, and pricing. They can provide insights on timing, help you navigate the buying process, and negotiate effectively, ensuring you make an informed decision.

Are there any incentives for buying a new home in Montgomery?

Some builders and lenders offer new home buying incentives, such as assistance with closing costs, upgrades, or lower interest rates. Checking with New Park’s sales team or exploring our incentives page can give you an idea of current promotions available to help make your purchase more affordable.

Are there any hidden costs associated with buying a new home in Montgomery?

When you buy a new home, you’ll need to plan for costs like property taxes, homeowners insurance, HOA fees, and closing costs (often 2-5% of the purchase price). Additionally, utilities, maintenance, and occasional repairs can add up. Being aware of these costs helps you budget beyond the mortgage.

PLUS: $7,500 Cash to Close- Limited-Time Incentive!

Lowder New Homes is offering up to $7,500 toward closing costs when you use a Preferred Lender. This exclusive offer applies to select Lowder New Homes closing by December 31, 2024. Don’t miss your chance to experience everything New Park has to offer!

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$5,000 Closing Cost Assistance- Explore Renasant’s Mortgage Resources

Posted on September 3, 2024

Closing Cost Assistance with Renasant Bank

Unlock Up to $5,000 in Closing Cost Assistance With Renasant Bank!

Eligible homeowners can use this assistance toward essential expenses like home appraisals, recording fees, and other one-time costs, making your path to homeownership even smoother.

Borrower Eligibility: To qualify for Renasant’s Closing Cost Assistance, borrowers must be approved for a mortgage loan product with Renasant Mortgage Lending. Eligible products include Conventional, FHA, VA, and USDA loans.

Property Eligibility: This offer is available to qualified borrowers purchasing their primary residence. Please note that geographic restrictions apply.¹

Learn more and see if you pre-qualify! 

Why Choose New Park?

New Park, a master-planned neighborhood in East Montgomery, Alabama, is designed to accommodate every stage of life with its serene landscaping, sparkling Chastain Lake, inviting neighborhood pool with a splash pad, and versatile clubhouse. Enjoy neighborhood amenities like the ParkPlayce playground, scenic 1-mile walking path, and easy access to nearby schools, the YMCA, and premier shopping, dining, and entertainment options.

 

Closing Cost Assistance with Renasant Bank

¹Property must be located in a Low-to-Moderate Income or Majority Minority Census Tract as defined by the U.S. Census Bureau and within a Renasant Bank assessment area.

©2024 Renasant Bank. NMLS 402669. All loans or offers of credit are subject to credit and underwriting approval. Additional fees, conditions, and restrictions may apply. This is not a commitment to lend.

 

$500 Lowder New Homes Military Upgrade Incentive

Posted on August 23, 2024

woman in military uniform hugging and kissing her child

Military families often encounter unique challenges when relocating, from finding the right home in a short time frame to ensuring their new community meets their family’s needs. The pressure to make quick decisions can add significant stress to an already demanding process.

As a token of appreciation for your service and sacrifices, Lowder New Homes is offering an additional $500 toward any current upgrade offer in select neighborhoods, including the beautiful New Park community. It provides you with extra flexibility to enhance your new home with features that matter most to you and your family.

Why Choose New Park?

New Park, a master-planned neighborhood in East Montgomery, Alabama, is designed to accommodate every stage of life with its serene landscaping, sparkling Chastain Lake, inviting neighborhood pool with a splash pad, and versatile clubhouse. Enjoy neighborhood amenities like the ParkPlayce playground, scenic 1-mile walking path, and easy access to nearby schools, the YMCA, and premier shopping, dining, and entertainment options.

Learn more and explore the best options for you!

 

woman in military uniform hugging and kissing her child

*Seller concessions are limited by law and therefore certain restrictions and limitations apply. Homes and home sites currently under contract do not qualify. Home and community information, including pricing, features, amenities, terms, and availability are subject to change at any time without notice or obligation. This offer or incentive is not redeemable for cash or credit against the purchase price. 

New Construction vs. Resale Homes: Pros and Cons for Buyers in Montgomery

Posted on August 15, 2024

couple pointing at new construction home
couple pointing at new construction home

When it comes to buying a home in Montgomery, Alabama, one of the first decisions you’ll need to make is whether to purchase a resale property or a new construction home. Both options offer unique advantages and come with their own set of considerations. Understanding the pros and cons of each can help you make the best decision for your situation.

Why New Park is the Ideal Choice for New Construction Homes in Montgomery, AL

New Park offers an exceptional living experience that combines modern amenities, low maintenance, and a vibrant community atmosphere. Here’s why New Park stands out:

  • Modern Amenities and Low Maintenance: With new construction comes the benefit of modern amenities and energy-efficient systems that reduce your utility costs and maintenance worries. New Park’s new construction homes are designed to provide a comfortable, convenient lifestyle with minimal upkeep.
  • Vibrant Community: New Park’s thoughtfully planned community is designed to meet the needs of families and individuals at every stage of life. Whether you’re strolling by the lake, enjoying the neighborhood pool, or attending community events, you’ll find that New Park offers premium community amenities and a welcoming atmosphere that enhances your daily life.
  • Prime Location: Situated in East Montgomery, New Park offers easy access to everything you need, from schools to fitness facilities to shopping and entertainment. This prime location ensures that you can enjoy the best of Montgomery.

If you’re looking for a home that aligns with your lifestyle and offers the benefits of modern design in a thriving community, buying a new construction home in New Park might be the perfect choice! Discover your dream home in New Park.

Pros and Cons of Buying a New Construction Home

Pro: Pristine, Move-In Ready Condition

New construction homes are built from the ground up with brand-new materials, ensuring that everything from the roof to the foundation is in perfect condition. The appliances, plumbing, electrical systems, and even the paint on the walls are all untouched by previous occupants, eliminating any concerns about wear and tear or hidden issues that can sometimes come with older homes.

This fresh start means you won’t need to spend time or money on repairs, renovations, or updates before moving in. Whether it’s the floors, countertops, or fixtures, everything in a new construction home is clean, modern, and ready for you to make it your own. 

Pro: Modern Features and Energy Efficiency

New construction homes are designed with modern living in mind, incorporating the latest technology, design trends, and energy-efficient features. Modern kitchens, bathrooms, and living areas are designed with features like large islands, walk-in closets, and spacious showers that enhance comfort and convenience.

Energy efficiency is another major advantage of new construction homes. Built with high-performance windows, better insulation, and state-of-the-art HVAC systems, these homes are designed to minimize energy consumption and reduce utility costs. Many new homes also come equipped with energy-efficient appliances, LED lighting, and even smart home systems. These features not only provide a more comfortable living environment but also contribute to lower utility bills and a smaller environmental footprint.

Pro: New Home Warranties

New construction home warranties often include coverage for major systems such as the HVAC, plumbing, and electrical, as well as structural components like the foundation and roof. The peace of mind that comes with these warranties cannot be overstated, as they protect you from unexpected repair costs during the initial years of homeownership.

Many new home builders also offer a builder warranty that covers any defects in materials or craftsmanship. This means that if you encounter any issues with the quality of the construction, the builder will address and resolve them at no additional cost to you.

Energy efficiency is another major advantage of new construction homes. Built with high-performance windows, better insulation, and state-of-the-art HVAC systems, these homes are designed to minimize energy consumption and reduce utility costs. Many new homes also come equipped with energy-efficient appliances, LED lighting, and even smart home systems. These features not only provide a more comfortable living environment but also contribute to lower utility bills and a smaller environmental footprint.

Con: Higher Initial Investment

New construction homes often come with a premium price tag compared to resale properties, primarily due to the new materials, modern designs, and advanced technologies used in their construction. While basic models may come with standard features, many buyers choose to personalize their homes with higher-end finishes, upgraded appliances, and custom layouts, all of which can add to the overall cost.

While the upfront costs may be higher, new construction homes typically offer significant savings over time due to their energy efficiency and lower maintenance needs. Modern insulation, windows, and HVAC systems help reduce utility bills, and the brand-new condition of the home means fewer repairs and replacements in the first few years of ownership. For many buyers, the long-term savings and the ability to move into a home that perfectly suits their needs justify the higher initial investment.

Con: Limited Room for Negotiation

New home builders set prices based on the costs of materials, labor, and the value of the land, leaving little room for negotiation. Additionally, while builders might offer new home buying incentives such as closing cost assistance or upgrades, these offers are often predetermined and may not be tailored to individual buyers’ needs.

This fixed pricing structure can be a downside for buyers who are accustomed to the negotiation flexibility often found in the resale market. It’s important to remember that while the price of a new construction home might be less negotiable, the value often lies in the quality of the materials, the latest technology, and the peace of mind that comes with a new build.

Con: Waiting Period for Completion

Unlike resale homes, which are typically ready for immediate occupancy, new construction homes often require several months of building time before they are move-in ready. This waiting period can vary depending on the size of the home, the complexity of the design, and the builder’s schedule.

For buyers who need to relocate quickly, this waiting period can be a major inconvenience. It’s important to weigh this against the benefits of getting a home that’s built to your specifications and equipped with the latest features. While the wait can be challenging, the reward is a home that is perfectly tailored to your tastes and lifestyle.

Pros and Cons of Buying a Resale Home

Pro: Immediate Availability

One of the biggest advantages of purchasing a resale home is the immediate availability. Resale homes are typically move-in ready as soon as the purchase is finalized. This can be particularly beneficial for buyers who need to relocate quickly due to job changes, family needs, or other time-sensitive circumstances. Immediate availability means you can start enjoying your new home and settling into your neighborhood right away.

There’s also a certain comfort in being able to walk through the home and see exactly what you’re getting. Unlike new construction, where you might be relying on floor plans and renderings, a resale home allows you to experience the space as it is, making it easier to visualize your life there.

Pro: Potential for Negotiation

Sellers of resale homes may be willing to negotiate, particularly if the home has been on the market for a while. This can create opportunities for buyers to secure a better deal, whether through a lower purchase price, seller-paid closing costs, or other concessions. Buyers of resale homes can also often negotiate for the inclusion of certain fixtures, appliances, or even furniture as part of the sale.

Pro: Potential for Instant Equity

If you buy a home in need of cosmetic updates, you can quickly increase its value through renovations like new flooring, updated kitchens, or modernized bathrooms. This can be a smart investment strategy, allowing you to build equity faster than with a new construction home, where the purchase price reflects the home’s brand-new condition and market value.

For handy buyers or those willing to take on a bit of work, resale homes can offer a unique opportunity to purchase a home below market value and add personal touches that increase its worth. This potential for instant equity can be particularly appealing in a rising market, where home values are expected to appreciate.

Con: Potential for Hidden Costs

While a resale home may appear well-maintained during your initial walkthrough, underlying issues might not become apparent until after you’ve moved in. Common areas of concern include outdated plumbing, electrical systems, roofing, and HVAC units that may be nearing the end of their lifespan.

Additionally, older homes often come with appliances and fixtures that are no longer under warranty and may need to be replaced sooner than those in a new construction home. These hidden costs can add up quickly, turning what seemed like a good deal into a financial burden. A thorough home inspection is crucial, but even with an inspection, some issues may not be discovered until after you’ve settled in.

Con: Limited Customization Options

When you purchase a resale home, you are essentially buying someone else’s vision of what a home should be. The layout, room sizes, and overall design are already set, leaving little room for immediate customization without embarking on costly renovations. This lack of flexibility is a notable downside compared to the customization options available with new construction homes. 

Con: Higher Maintenance Requirements

Resale homes generally require more maintenance and upkeep than new construction homes. This might include re-roofing, repainting, or replacing worn-out flooring. For buyers who prefer a low-maintenance lifestyle, these ongoing demands can be a significant drawback, especially when compared to the lower maintenance requirements of a new construction home where everything is brand new and under warranty.

PLUS: $25,000 When You Build or Buy– More in 2024!

Lowder New Homes is offering up to $25,000 for buyers to use towards the purchase of a pre-sale or move-in ready home in participating neighborhoods like New Park when you work with a Preferred Lender! This generous incentive can be applied towards upgrades, reducing your interest rate, covering closing costs, and more.

Learn more and start building your future in New Park!

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$25,000 Lowder New Homes Incentive

Posted on August 9, 2024

lowder new homes 2024 incentives

lowder new homes 25,000 incentive offer

Lowder New Homes is offering up to $25,000 for buyers to use towards the purchase of a pre-sale or move-in ready home in participating neighborhoods like New Park when you work with a Preferred Lender.

This generous incentive can be applied towards upgrades, reducing your interest rate, covering closing costs, and more when you work with a Preferred Lender.

Why Choose New Park?

New Park, a master-planned neighborhood in East Montgomery, Alabama, is designed to accommodate every stage of life with its serene landscaping, sparkling Chastain Lake, inviting neighborhood pool with a splash pad, and versatile clubhouse. Enjoy neighborhood amenities like the ParkPlayce playground, scenic 1-mile walking path, and easy access to nearby schools, the YMCA, and premier shopping, dining, and entertainment options. Your new home in Montgomery awaits!

Speak with an LNH agent or a Preferred Lender today to learn more and explore the best options for you!

 

Lowder New Homes Preferred Lenders

This offer applies to pre-sale and move-in ready homes in participating neighborhoods that are financed through a Lowder New Homes Preferred Lender only. Lowder New Homes is offering up to $20,000 in buyer incentives and our Preferred Lenders are offering up to $5,000 to help cover closing costs for a total of up to $25,000. Seller concessions are limited by law and therefore certain restrictions and limitations apply. Homes and home sites currently under contract do not qualify. Home and community information, including pricing, features, amenities, terms, and availability are subject to change at any time without notice or obligation. Lowder New Homes reserves the right to modify or terminate any promotion without notice. This offer or incentive is not redeemable for cash and cannot be combined with another offer.

Why Montgomery Homebuyers Prefer Local Mortgage Lenders

Posted on April 24, 2024

family meeting with local mortage lender

family meeting with local mortage lender

As you navigate the intricate process of buying your dream home, there’s one critical aspect that deserves your attention: choosing the right mortgage lender. Jimmy Parsons, Branch Manager and Mortgage Advisor at Guild Mortgage, shared invaluable insights with us into why opting for a local lender can be the game-changer you need on your home buying journey.

 

Let’s talk about why partnering with a local lender should be your top priority when securing a mortgage for your New Park residence– or any home in Montgomery!

 

1. Customization

Mortgages are far from one-size-fits-all. Working with a local lender allows for the tailoring of mortgage loan programs to perfectly align with your financial goals and budget. “A knowledgeable local lender will help you select the most advantageous loan structure, saving you a substantial amount of money, both now and in the future,” Parsons explained. 

2. Enhanced Offer Acceptance

In Montgomery’s competitive real estate market, quick offer acceptance is key. Local lenders often have strong relationships with listing agents, increasing the likelihood of your offer standing out. When agents recognize and trust your lender, your offer gains a competitive edge.

3. Seamless Closings

Closing on a home can feel daunting, but it can be a smooth process with the right support. Thanks to their partnerships with local closing attorneys, local lenders ensure a streamlined closing process. Their familiarity with local procedures eliminates unnecessary delays, guaranteeing a seamless experience for you.

4. Accurate Cost Estimates and Expert Valuations

Unexpected costs during closing are every homebuyer’s nightmare. Parsons shared, “With an intimate knowledge of closing costs, local lenders provide the most precise estimates, avoiding any unpleasant surprises.” They also collaborate with local appraisers who understand the area’s nuances, ensuring accurate property valuations.

5. Personalized Service and Trusted Connections

Need to discuss your mortgage options face-to-face? No problem. Local lenders offer personalized service and the convenience of in-person consultations. They can also connect you with other essential local service providers, from home insurance to pest control and repairs. 

Partnering with a local lender isn’t just about saving money- it’s about saving time, reducing stress, and making your home buying experience as rewarding as it should be. When it comes to choosing a mortgage lender for your New Park home, choose smart and choose local. Your future self will thank you for it!

Ready to explore the possibilities of homeownership in New Park? Get started on your home buying journey!

BONUS: Hear expert insights directly from Jimmy Parsons, Branch Manager and Mortgage Advisor at Guild Mortgage!

PLUS: Should You Talk to a Lender or a Real Estate Agent First?

Unlock the secrets to a smoother homebuying journey! Find out why the order of your approach matters and how making the right choice could save you time, money, and stress.