Covington Shores Is Its Own Market

by Nick Molnar on May 27, 2007

Covington Shores entrance, Granger, IndianaSouth Bend, Granger and Elkhart have a few dozen subdivisions or neighborhoods that can reasonably be called ‘luxury neighborhoods.” The homes are uniformly large and individually distinct, the streets curve and covenants ensure these areas retain their residential character.

These neighborhoods vary: some have city services like water, sewer and fire protection and some have wells, septic systems and county services. Some are in the South Bend school district while others are within the boundaries of the Penn Harris Madison or Elkhart schools. Some are on the river, others have artificial ponds that many homes back to. A few are gated and a few have sidewalks and streetlights. One is new construction and one dates to the 1890s. The homes in a few neighborhoods can top the million dollar mark and the houses in one are closer to a quarter of that.
 
Despite the differences, the area’s luxury neighborhoods are a similar group. Home buyers who look in any of them look in all of them, then base their decision on the variables that distinguish them, as well as their personal taste.

covington Shores sales 2002-2006However there is a neighborhood that truly is its on market – Granger’s Covington Shores. Many of these high-end neighborhoods have just a few sales each year. Covington Shores, however, has averaged more than three sales per month since at least 2002. That dwarfs the sales figures for other luxury neighborhoods. And it means that buyers have more choices, and sellers have a better chance to avoid languishing on the market. It also makes Covington Shores a smart choice for buyers who know they may be moving in a few years.

You can find more information about Covington Shores and other prestigious neighborhoods on the Michiana Luxury Neighborhood Guide, or you can contact us directly:

Nick Molnar
nick@realst8.com / 574-309-3758

Joe Molnar
jamolnar@realst8.com / 574-286-5683


{ 2 comments… read them below or add one }

N June 5, 2007 at 12:17 am

Just curious as to why you don’t include Blair Hills.

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Nick Molnar June 5, 2007 at 9:27 am

Thanks for the comment. I’ve just begun the luxury neighborhood guide and have plans to expand it to include more communities in the coming months. I’ll certainly consider Blair Hills and any other neighborhoods readers suggest.

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