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Old 09-07-2022, 04:11 PM
 
2 posts, read 128 times
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Hello,

Does anyone have any feedback on a small new development in south Munster called Community Estates?

www.communityestatesmunster.com

Lots are going for about $150k and there's some very unique homes there. They have about 7 lots available right now but there's a phase 2 being planned as well. Our goal is to build a 3br ranch in the 2023/24 time frame. With interest rates rising we're hoping the cost of building materials and labor comes down by then.

My wife and I live in Crown Point (Ellendale Farm) and we love it here, but Munster would be much closer to friends and family in Chicago.

Would like to know anyone's thoughts about the development, location, schools (we have a 2 year old), shopping, HOA or anything else.

TIA!
Craig
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Old 09-14-2022, 05:08 PM
 
2,136 posts, read 5,103,985 times
Reputation: 1543
Quote:
Originally Posted by Nutrancher View Post
Hello,

Does anyone have any feedback on a small new development in south Munster called Community Estates?

Community Estates - Home

Lots are going for about $150k and there's some very unique homes there. They have about 7 lots available right now but there's a phase 2 being planned as well. Our goal is to build a 3br ranch in the 2023/24 time frame. With interest rates rising we're hoping the cost of building materials and labor comes down by then.

My wife and I live in Crown Point (Ellendale Farm) and we love it here, but Munster would be much closer to friends and family in Chicago.

Would like to know anyone's thoughts about the development, location, schools (we have a 2 year old), shopping, HOA or anything else.

TIA!
Craig
Community Estates has been around for over 10 years now but really only started taking off within the last 4 years or so. In that time, the lot prices drastically increased and after the arrival of the South Shore station, the lot prices will go even higher. If you are able to, buy a lot now and hold onto it until you are ready to build. The website is outdated for the subdivision but if you take a drive there, you’ll see that Phase II has already been developed (not sure of lot availability but it is a cul-de-sac which is nice!

The schools in Munster are all good; however, one thing to consider is that being west of Calumet Ave means that elementary (K-5) will go to Eads Elementary School which is in the far northwest part of town. Without traffic, it would be about a 10 minute drive or so. With traffic (which there almost always is), it could take anywhere from 15 to 30 minutes as Calumet is a nightmare (and even going into Lansing on Wentworth and then back east in Ridge could take time as well).

One of the good things is that the architectural requirements in Community Estates are not as strict as other subdivisions in Munster so while building would still not be cheap, your budget would not have to be eaten up by requirements such as 75% masonry or steep roof pitch’s. There’s also some pretty modern and unique homes that have been built and are being built which is cool to see!
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Old Today, 07:34 PM
 
2 posts, read 128 times
Reputation: 10
Thank you...great info! Yeah from what I understand, phase 2 is owned by Community Resources, Inc. which is owned by the Community Healthcare System. It's not well advertised at all but the timing of phase 2 would fit us a little better.


I'm hoping building material prices come down but to your point, the lots will probably not drop now the the rail line is being developed. And yes, the houses are very unique! We lived in Denver for a few years and they remind of modern mountain cabins...very cool.


Thanks again...any other thoughts about the development are appreciated!
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