PORTLAND, Ore. - For 35 years the NW Natural Street of Dreams has been the WOW factor when it comes to new home construction.
It's still here, but in this economy there is now a reality check. Homes this year are about More. More affordable, more green, and always more luxury.
With just days til the July 31st opening, an army of craftsmen and women are putting the finishing touches on this years homes.
It will be all done, said Karey Cresap owner of Hearth and Home builders.
This year Cresap is building two homes.
It's hard to find builders in this economy. And it's very scary to build speculative houses, she said while checking what needs to be done to get the two homes she's building ready for show.
The site of this year's show is on Skyline Road at Cresap Lane, named after Karen. She's the developer of the 8 lot cul-de-sac.
Six builders and seven homes are in this year's show. They are all more green and more energy efficient than ever before.
The most expensive home is $1.7 million. Down from the usual $2 million plus homes of the past . Most of the other homes in this show will sell in the $800,000 range.
Surveys by the Home Builders Association of Metro Portland indicates those who attend these shows want homes that are more practical.
They want to see smaller, affordable, attainable dream homes, said Eric Stride with the HBA.
Something new this year, are stand alone condos. They sit next to Cresap Lane at MaCleary Outlook, with breathtaking views of the Coast Range.
There's this underserved market where people would still like to live in a house, but don't want to deal with mowing the lawn or cleaning out the gutters, cleaning the roof off, said Patrick Jackson with NW Pacific Partners, Inc. These units will sell for $500,000 plus.
The NW Natural Street of Dreams opens July 31st and runs through August 29Th. For more information check out www.streetofdreamspdx.com