Founded in 1975 and based in Montgomery, Alabama, Jim Wilson & Associates (JWA) has developed and managed a wide array of properties throughout the Eastern United States, including Class A office buildings, hotels, residential communities, and millions of square feet of premier shopping space.
JWA’s master-planned residential communities are developed with an eye for elegance and livability within a location that is both coveted and convenient, aided by an attention to detail intended to create long-term value for homeowners. New Park, launched in 2008, is one of two residential communities JWA developed in its hometown.
What Is A Real Estate Developer
A real estate developer is a person or team that make new homes a reality. They are responsible for every part of the home building process from finding the land to selling the home, whether it be to an investor or to a happy family. So, whether it is buying raw land and developing a building/project or buying the distressed property, the real estate developer’s job is to handle the project from point zero all the way to the end in order to get a share of profit. This includes finding the land, making sure that the location is right, obtaining the necessary permits. It also means hiring the right team to build the home and market the home. The final stage of real estate development is making sure that a happy family is satisfied when they move into it.
What is the Difference Between a Real Estate Developer and a Builder
The fundamental difference between a real estate developer and a builder is that real estate developers develop. They oversee the project from beginning to end. The find the land and get the permits. They put in the sewers and electric lines. They put together everything that a house needs to exist. Then once that is done, builders come in and they construct the house onto the land that has been developed. Builders can be developers and vice versa, but this is not always the case.
Why Should I Move Into a Newly Developed Home
One of the biggest reasons to move into a newly built home is that it’s new! No one else has lived in this home before so every piece of it is brand new. Also, newer homes are becoming more and more energy efficient. This is very important in keeping your utility bill down and helping out the environment. New homes also require less maintenance than older homes. They generally come with a warranty as well.
Another big advantage of a newly built home is that they come with modern looks to them. All new green appliances, built to look just as good as any house being built today. Settle in to the home that looks great, feels great, and comes with some security that other homes just don’t come with. At New Park we are developing the East Montgomery Community, and we are positive that you will love it. Come and give it a look, and you won’t be disappointed.