Limited Options for New Townhouses in Harrisonburg

One of the reasons why the under $200K market is inventory-challenged right now is because there is very little new construction happening in this price range. Over the past 10-15 years we saw many new townhouse developments that (at the time) fell into that price range, including:
- Avalon Woods
- Beacon Hill
- Harmony Heights
- Liberty Square
- Parkcrest
- Taylor Spring
- The Gables
- The Townes at Bluestone
- The Townes at Wellington Park
- Twin Gables
Now, however, there are significantly fewer options available when it comes to newly built townhouses in or near Harrisonburg, under $200K....
- The Townes at Bluestone (barely under $200K)
- Cedar Point (none currently listed)
I think a considerable opportunity exists for a townhouse developer to build new, $170K - $190K townhouses in the City of Harrisonburg -- if it can be done!