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Salisbury Woods Announces Final Phase of Townhomes

Salisbury, MA – Kellop Development and McLaughlin Group Real Estate, currently developing and promoting the community at Salisbury Woods, are excited to announce the start of construction for its final building phase. Framing has begun on two new buildings, marking the completion of this 68 unit townhome community, which is almost 60% sold out. To date, 42 homes have been sold with 3 more under agreement.

Sales at Salisbury Woods began in November of 2006 and 42 homes to date have been purchased with 3 more in que. The principals of Kellop Development, Larry Kelly and Mark Lopez, are proud to have been able to maintain the established price structure as well as the equity position of the existing homeowners. “We’ve actually had a 2% price increase over the last 2 years.” Lopez noted. “In today’s challenging real estate market that is almost unheard of.”

Kellop Development, in Kensington, NH, has over 45 years of combined construction experience. Their winning business strategy, that has enabled them to successfully build over 1,000 homes, is based on the simple philosophy to ‘carry no debt.’ According to Larry Kelly, “this enables us to price our homes very aggressively and be patient through the slower time. We don’t have to cut prices to make sales.”

Prices at Salisbury Woods start at $244,900 with low condo fees of $225 per month. As financing is a major concern given the current economic atmosphere, preferred mortgage officers stand ready with excellent financing programs that include low down payments and great rates.

Tracey Jackson, a recent Salisbury Woods homeowner, expressed her delight with living so close to Newburyport. “We love to be able to walk to downtown Newburyport for dinner on a warm summer night. The location of our home is only ½ mile to the Newburyport Bridge. It makes it very convenient and fun, we feel like we’re on vacation when we’re at home.”

The designer model home is open Saturday and Sunday from 2:00 pm to 5:00 pm or anytime by appointment. Visit the website SalisburyWoods.com for directions, or call Maura McLaughlin at 603-674-8855 for a private viewing.
 
 

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