The Highlands of St. Michael neighborhood was established in 2002, and was the first development in St. Michael to offer a community pool, a concept that had been popular in other cities at the time. Between 2002 and 2007 there were 49 homes built in the Highlands of Saint Michael, prices ranged from $305,000 up to $566,273. Construction stopped during the slow down in 2007 leading up to the crash of the housing market, where the bank ended up taking back the remaining lots in Highlands of St. Michael. Jim Leuer Construction built a home on a left over lot in 2010 which sold for record low price of $227,000 and offered $7,000 in seller paid closing costs. From 2012 to Present builders including Iverson Homes have begun to fill in remaining bank owned lots with homes priced from $294,000 to $456,480. During 2013, there was one successful sale of a previously owned home, the other 6 were all new construction. I would expect now that the market has corrected itself, that more homeowners in Highlands of St. Michael will begin to list their homes for sale. At the time of writing this blog post, there was 1 active (short sale), a pending home built in 2004 which sold after only 34 days on market, and a pending new construction home being built by Iverson Homes. Once this home is complete, there will be no more vacant lots in the Highlands of St. Michael

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