Drees Homes Makes Classic Neighborhoods Even More Desirable

Home builder offers new homes in some of Carmel, Indiana's most desirable neighborhoods.

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Jan 17, 2017, 10:55 ET

INDIANAPOLIS, Jan. 17, 2017 /PRNewswire/ -- Mature trees and landscaping, classic architecture, proximity to cultural events and downtown. These are the qualities that make classic and historic neighborhoods so popular. But these qualities come with a price: aging homes in need of major renovations, sometimes unseen structural issues and a lack of energy efficiency.

Drees Homes seems to have the solution. Drees is buying aging houses in Carmel's most desirable neighborhoods in order to replace them with new homes that not only fit the neighborhood aesthetically, but offer the homeowner the open living concept that modern families are looking for.

"Some buyers just aren't willing to tackle an older home, but they may still want to live in a neighborhood close to downtown with all of the walkability and convenience that it offers. We can offer an option that allows them to build a home perfectly suited to their family's needs, on the street they've dreamed of living on," said Chris Schrader, Drees Homes Sales Manager. "In addition, we've been able to offer homeowners who want to sell in these neighborhoods a competitive offer that allows them to retire or move on to the next chapter in their lives. It's definitely a win-win."

So far, Drees Homes has renewed two lots in the Newark neighborhood, replacing homes valued at less than $150,000 with homes valued at approximately $600,000, increasing area property values.

Drees Homes has received positive feedback from these efforts, both from city officials, neighbors, homeowners and home sellers.

"We pay very close attention to preserving the character of the neighborhood when we place a new home in an established area. That, in addition to increasing home values, has been a wonderful thing for the community," added Chris Schrader.

About Drees Homes
Drees Homes, family-owned and operated for over 85 years, is ranked nationally by Builder magazine as the 28th largest builder in the U.S. and among the top 10 largest privately-owned builders. Headquartered in Ft. Mitchell, Kentucky, Drees operates in Cincinnati and Northern Kentucky, Cleveland, Indianapolis, Jacksonville, Nashville, Raleigh, Washington D.C., Austin, Houston, and Dallas. The company operates as "Drees Custom Homes" in Texas. Visit the company's web site at http://www.dreeshomes.com.