Find Your New Jagoe Home in Brook Stone Estates – Jeffersontown, KY
Our newest community in the greater Louisville, Kentucky area, Brook Stone Estates, celebrates the comfort of community in Jeffersontown. Jeffersontown, which is more commonly referred to as J-Town by locals, has a deep history and is home to its own Farmer’s Market, Public Library, parks and facilities, schools and large community events such as the Gaslight Festival.
Jagoe Homes participated in the Gaslight Festival in 2018 when we first opened Brook Stone Estates, and it was a blast! Interacting with the people who live in this community, eating at their restaurants and embracing the unique culture of J-Town was refreshing. During the 2018 Homearama, at Catalpa Farms in Fisherville we made several visits to nearby J-Town to dine and relax. In addition to Brook Stone Estates and Catalpa Farms we also have one more community located in Fern Creek, Glenmary Commons.
Even with its rich history, new construction is becoming the new thing in J-Town.
When a home buyer is searching for their new home, particularly in an area like Jeffersontown, they often overlook the possibility of new home construction. However, we are honored and excited to have the opportunity to build a home owner’s new dream home with all of their personal selections and unique touches to this area.
So, why build a new home versus purchasing a used home?
- It’s your dream home, maybe even your forever home. Design your new Jagoe Home with your personal selections and choose the floor plan the suits your family the most. You can even personalize and price a new home online, meet with a Jagoe New Home Sales Consultant, and then we will work with you every step of the way to make this dream a reality!
- Every new Jagoe Home is built with today’s home buyer in mind. A home built five years ago does not meet the needs of a home buyer today.
- A brand new, Jagoe Home does not have any surprises. Do you truly know what’s happened to a used home?
- Timing is everything. Don’t miss out on your opportunity to build equity and appreciation on a new home in an area that is already seeing new growth. Plus, interest rates are currently still very low compared to past years. Don’t wait until they start rising again!
- Save money in the long run with a new, Energy Smart, Jagoe Home. You will be amazed by the amount of money that you can save every month on your utility bills in a new home compared to a used home with old insulation, drafty doors and windows, outdated appliances and inefficient heating and cooling systems.
- All new Jagoe Homes come equipped with the newest technology. We build our homes with the latest in building innovations.
- Your new home gives you quality, value and peace of mind. All Jagoe Homes come with a 2-10 Home Buyers Warranty, which includes 10 full years of structural coverage, 2 full years of systems surety coverage, and 1 full year of surety coverage against defects in workmanship and materials.
We get it, it’s PERSONAL.
Brook Stone Estates offers a variety of two-story home plans, all which come with either an in-ground or a walk-out basement (walk-out basement home sites are limited!), to fit exactly what your family needs! This community includes two brand new home plans, the Declaration Craftsman and the Revolution Craftsman, as well as our more popular plans, the Cumberland Craftsman, Patriot Craftsman and the National Craftsman. We have also introduced the beautiful National Farmhouse elevation to Brook Stone Estates, which incorporates a sleek, modern farmhouse exterior. Any of these home plans can be personalized based on your style, wants and needs! Our team is looking into adding a one-story, ranch-style plan to be offered as an option in Brook Stone Estates in addition to these six plans.
Historic J-Town is not left out of Brook Stone Estates. A Historic Farmhouse still sits in the center of the community. The Historic Farmhouse was originally built in 1923 by L.C. Ford from locally quarried stone back when Billtown Road was called Funk Mill Road, after the famous Abraham Funk. The home will be lovingly restored and updated by Turn Key Design.
Currently, we have two Move-In Ready homes that are under construction! Contact your Jagoe New Home Sales Consultant for more information on these homes and to get started on your brand new, Jagoe Home today!
My Personal Jagoe Home Story: Week 1
I think a lot of my peers in my own Millennial generation are afraid of building a new home, so I wanted to openly share my personal home building journey. As the Social Media/PR Coordinator for Jagoe Homes, I feel like this is an appropriate story for me to share with our audience.
There’s a lot of talk about transparency in government and business. I can’t really think of a better way to be more transparent with our building process than to share this with you. I am a second-time Jagoe Home owner now! While I am very familiar with our building process, I know that many people are not.
What started out as an idea has now come to this point. My home was Production Released on Friday, January 11th, 2019!
In November, I finally decided that I was tired of renting and this is where the seed of this story was planted. My apartment has been my home for three years, and I will miss it dearly. I truly love living downtown and would recommend it to anyone. But, all good things must come to an end, and who is to say that I won’t own a condo in downtown in the future? Plus, poor Hank, my 85-pound Labrador, really deserves a yard for once in his life.
So, I started creating a home estimate for myself. I already had the size and price point of the home in mind, and I knew that I wanted a ranch-style, 3 Bedroom, 2 Bath, 2-Car Garage home. Simple enough, and plenty of room for all of us. I already knew that I wanted to live in Bluegrass Commons, since I visit all of our communities frequently. This is the closest community to our office and is more centrally located in town like I wanted. You can create your own home estimate on our website.
Now that I knew how much I wanted to invest in my new home, I reached out to our preferred lender, FBC Mortgage. They pulled my credit, which was luckily very good, and pre-approved me for a conventional loan. Before getting started on your new home, I would suggest getting pre-approved FIRST to properly establish your budget and expectations.
After the Holidays, I met with my Jagoe New Home Sales Consultant to review my home site, home plan, selections, and finalize all of my documentation. POOF – I’m ready to start building!
Well, that was easy! From about the second week of December, to the second week of January is the time frame that all of that occurred. For others, it may be quicker, or it might take a little longer. Fortunately, I did not to have a lease on a home or have home to sell, which can really delay progress. The good news is that Jagoe Homes has programs in place to help assist you in those situations. If your current home is standing in your way, ask a Jagoe New Home Sales Consultant about our SureTrade program or about Down Payment Assistance. If you’re a First-Time Home Buyer, and you’re not sure how to get started, they can assist you with that as well. You can even chat with our Online Sales Counselors right now if you have any questions or would like them to set an appointment for you to come tour one of our Model Homes!
Up Next: Excavation & Footer.
How Much of a Down Payment Do YOU Need for Your New Home?
Once home buyers begin the process of building their new home, they often overlook the importance of a Down Payment. This can be a daunting, tall hurdle for some. So, how much do you REALLY need to put down on a home?
Plan Ahead and Save
Many home buyers have dreamed or at least done some research months, maybe years before they are finally ready to start the building process. Once you know that you are ready to build your new home, it’s important to start saving up for your Down Payment. This is the amount of money you spend upfront to purchase the home and is typically combined with a home loan to fulfill the total purchase price of a home. In addition to your Down Payment amount, your credit score, credit history, total debt and annual income will influence how much of a loan you can qualify for.
Zillow offers a great tool, the affordability calculator, to approximately calculate how much home you can afford. Here you enter in your annual income, monthly debts and a Down Payment amounts to generate the overall price of a home you can comfortably afford.
The Standard for a Down Payment
A 20 percent Down Payment is considered ideal, and it also gives you many benefits. Putting that larger amount down lets you avoid paying private mortgage insurance (PMI), it can help you qualify for a lower interest rate, which can help you save thousands over the life of your loan. It will also give you more equity faster, and it will result in a smaller monthly mortgage payment.
There are Many Ways to Cultivate a Down Payment
Saving money over time is just one way to build up enough money for your Down Payment. In fact, there are many financing options available! Many people building their new home use the net proceed from the sale of their existing home. Additionally, some home buyers choose to fund part or all of it with the sale of personal property of value other than real estate.
Our new Buy & Save plan helps you save the necessary funds to buy your brand new Jagoe home. A Jagoe New Home Sales Consultant helps you set up a specific schedule during the building process that allows you to make weekly or monthly payments so your Down Payment is fully funded in time to close.
Gift Funds are another way to partially or wholly fund your payment. This is usually an outright gift of cash from a relative, employer, labor union, charitable organization, government agency or public entity.
You Do Not Have to Put Down 20 Percent
While getting a Zero-Down Payment loan is challenging and you have to meet a strict set of criteria, there are other programs that offer lower down payments that may be more achievable.
One of the most popular of the Low-Down Payment loans is a Federal Housing Administration (FHA loan), which allows for 3.5 percent down. One of the downfalls of this program, however, is that you still have to pay mortgage insurance premiums to protect the lender if you default on your loan.
Buyers are also taking advantage of two Fannie Mae loans; Conventional 97 and HomeReady mortgages, which both allow for a minimum down payment of just 3 percent. HomeReady mortgages are designed for creditworthy, low to moderate income borrowers, with expanded eligibility for financing homes in designated low-income, minority, and disaster-impacted communities. Conventional 97 mortgages are designed to help creditworthy home buyers who would otherwise qualify for a mortgage but may not have the resources for a larger down payment.
Outside of these Fannie Mae, FHA, VA and USDA loan types, there are state and local assistance programs that can help you get into a home with a low-down payment. There are also towns that offer incentives to move there, ranging from student loan forgiveness to free lots of land to build on. Even though these programs don’t cover your down payment for you, they can help you save money elsewhere if you can come up with the initial down payment up front.
Contact Your Jagoe New Home Sales Consultant to Get Started TODAY and Speak to Our Preferred Lender, FBC Mortgage!
Be in Your New Jagoe Home by Summer!
Thousands in Savings & Incentives!
When You DESIGN & BUILD, Get—
- Up to $2000 Closing Costs**
- Buy More Save More on Personalized Options***—Make your home uniquely your own
PURCHASE a Move-In-Ready Jagoe Home, Get—
- Up to $2000 Closing Costs**
- Buy More Save More on Personalized Options***
- Reduced pricing on select Homes****
- A $1000 Build Smart Jagoe Incentive*****
- Move-In Right Away
Redeem Your Incentives
Contact us and we’ll walk you through the next steps to take advantage of these great savings on a NEW Jagoe Home.
* Indicates a required field.
* Ready to Move-In Homes must be purchased by March 31, 2019. New Builds require all contingencies to be satisfied and home under construction by March 31, 2019. Other restrictions may apply, contact a Jagoe New Home Consultant for complete details. Must use Jagoe Home’ approved lender, and meet all lender requirements.
** Up to $2,000.00 in closing costs based on using Jagoe Homes’ approved lender. Pre-paids not included. Must use Jagoe Home’ approved lender, FBC Mortgage, and meet all lender requirements.
*** Save up to 20% on Personalized Options for your home, excluding Custom Options, Room Additions, Bonus Rooms, Basement, and 3rd Bay Garages. Must use Jagoe Home’ approved lender, and meet all lender requirements.
**** Qualify for reduced pricing on select Ready to Move-In Homes purchased and closed by March 31, 2019. Must use Jagoe Homes’ approved lender, and meet all lender requirement.
***** Up to $1,000.00 can be applied towards Pre-Paids or Temporary Interest Buy-Down. Must use Jagoe Homes’ approved lender FBC Mortgage, and meet all lender requirements.
The 2018 Year End Review with Jagoe Homes
2018 was QUITE the year at Jagoe Homes! We want to share with you what we believe are huge successes, accomplishments and milestones that we met as a home builder. We have overcome obstacles, found areas to develop and strengthen, and established priorities. However, what seems to remain constant every year is how happy we are for our new Jagoe Home owners! From families visiting our Model Homes or setting appointments for a first-time visit, and for each step throughout their journey to new home ownership, for all of us at Jagoe Homes, this is a humbling and wonderful experience. The best part is always at closing, when we finally hand the keys over to our new home owners. This is not a sad moment for us, because once you’re a Jagoe Home owner, you become a part of the Jagoe Homes family. We appreciate our employees who work day in and day out to help Jagoe Homes reach goals to make our company the best it can possibly be. We also want to thank the realtor community, our preferred lender, FBC Mortgage, trade partners, and affiliates.
NOW onto the numbers…
We started out 2018 at the International Builders Show in Orlando, Florida!
The International Builders Show (IBS) is a world-wind for Jagoe Homes employees. This year we were able to take all upper management, the marketing team, the estimating team and the drafting team. IBS is an important part of our year. We find extreme value in the education it provides from our industry’s top ranking trainers and professionals, and the elaborate showcasing of new products from our vendors. We look forward to another trip to IBS, this time in Las Vegas, Nevada, in 2019!
We had 7 Community Grand Openings!
Finally it became time to open our FIRST Downtown Building in Owensboro, KY, Parkside 100! This was a MAJOR milestone for Jagoe Homes! We purchased this historic building in hopes of bringing our reputation from award-winning design, experience, and quality homes to this historic elegant setting. A few homes are currently still available in Parkside 100 going into 2019!
In the summer, we sold the first home site in Brook Stone Estates in Louisville, KY! Brook Stone Estates is our newest community in Louisville, located in the heart of Jeffersontown, more commonly referred to as J-Town by locals.
Then in the fall, we hosted the Grand Opening for Eastwick at Berkshire in Newburgh, IN. Since Eastwick at Berkshire is a brand new section with different home elevations and product than our other sections in Berkshire, we had its own grand release event!
Finally in November, we opened the much-anticipated Bluegrass Commons community in Owensboro, KY! This wonderful community features our single-family attached homes in The Acoustics at Bluegrass Commons, our single-family homes on 50′ home sites in The Ballads at Bluegrass Commons, and our single-family homes on 60′ home sites in The Legends at Bluegrass Commons.
COMING SOON in 2019 – Magnolia Hills in Bowling Green!
We took home several awards…
Jennifer Lucas, our Online Sales Manager, was awarded the Silver Award at The Nationals during the International Builders Show in 2018 for Online Sales Counselor of the Year! The Nationals salute and honor the best in the building industry for their determination, integrity, creativity and endurance. Shortly after that, Lindsey Jagoe, our Louisville Regional Sales Manager, was highlighted in the Home Builders Association of Kentucky’s Member Profile! Lindsey is one of the pioneers of our Louisville market, which really took off in 2018! We are extremely proud of our employee’s accomplishments!
We took home THREE awards during the Southwestern Indiana Builders Association (SIBA) Parade of Homes in June. These awards included Best Kitchen and Best Exterior!
In our FIRST YEAR in the Builder Industry Association (BIA)’s Homearama in Louisville, we placed 2nd in Overall Home and Interior Design, and were also awarded “Best Closet Design” by the BIA board.
Our first year ever in Homearama was FABULOUS!
While we are proud of the awards we took home from Homearama 2018, we are mostly proud of the teamwork and impeccable effort that was put into this project by our Jagoe Homes staff! Amelia Laster, our Design & Merchandising Manager, beautifully decorated this home, while Paul DiGiorgio and his team masterfully designed its architecture. Not only did our staff work very hard on this home, our supplier, and WinSupply of Owensboro, supplied us with the kitchen, owner’s bath and owner’s closet features. It just goes to show, a project of this size involves everyone from inside the company and out, right down to the people who came to tour our Homearama home during the two-weeks it was open to see us! We are still able to build on home sites in the community where Homearama took place, Catalpa Farms, in 2019!
We participated in MAJOR Community Events, sponsorships, and many other events in all of our regions.
We sponsored the Kiwanis Club of Owensboro’s 2nd Annual Chili Cook-Off & Auction! This event supports local non-profits and was help at the Cliff Hagan Boys & Girls Club in Owensboro, KY.
For the third year in a row, Jagoe Homes was the proud Title Sponsor for Friday After 5, a 16-week free concert series, held every Friday from May until August on the Downtown Owensboro Riverfront. We look forward to another sponsorship opportunity with Friday After 5 in 2019!
Although we have had a sponsorship with ROMP Music Festival in previous years, in 2018 we became the Official After Party Sponsor! We also celebrated the opening of the Bluegrass Music Hall of Fame & Museum in October. We are looking forward to continuing this ROMP tradition in the summer of 2019!
We also sponsored the 2018 Evansville HydroFest & GP-20 Hydroplane on Labor Day Weekend for the second year in a row!
Jagoe Homes participated in many home tours in 2018: Spring Tour of Homes in Newburgh and Evansville, IN, The Tour of New Homes in Louisville, KY, Chefs on Parade and Parade of Homes in Newburgh and Evansville, IN, Parade of Homes in Owensboro, KY, Parade of Homes in Bowling Green, KY, Fall Tour of Homes in Evansville and Newburgh, IN and Owensboro, KY and finally the Christmas Tour of Homes in Owensboro, KY.
Jagoe Homes introduced 13 NEW home plans!
While many of these plans can be found in all of the regions that we build in, some are only available in select communities. These new plans introduced in 2018 include:
- Thomas Jefferson
- Spruce Craftsman
- Spruce Farmhouse
- Declaration Craftsman
- Declaration Farmhouse
- Revolution Craftsman
- Revolution Farmhouse
- National Farmhouse
- Mandolin w/ Hobby Room
We have a new, amazing preferred lender, FBC Mortgage!
Jagoe Homes welcomed Bambi, Kevin and Kyle from FBC Mortgage into our Corporate Office this year! FBC has been such a blessing to our company and provides our home owners with competitive rates and financing incentives.
We introduced a new Realtor Reward$ program!
Beginning on January 1st, 2019, we will officially begin our new Realtor Reward$ program for realtors! At Jagoe Homes, we are committed to always having inventory for realtors to offer to their clients, and we consider ever realtor who works with us to be our partner. For this reason, we have introduced the Realtor Rewards Loyalty Program to reward the outstanding realtors in our communities! Download the Realtor Rewards App on your iPhone, or use the Web Version to start earning points today!
We have A LOT of new friends!
Jagoe Homes’ Social Media accounts drew in a lot of new followers this year! In 2018 alone, we have gotten 1,271 NEW Facebook followers. In addition to that, Jagoe Homes’ account has 656 Instagram followers, 41,400 monthly views on Pinterest, 251 followers on Houzz, 791 followers on Twitter and 12,547 views on YouTube. Thank you to all of our followers and friends on Social Media!
Jagoe Homes hired 38 new employees this year! Out of our 117 employees, 19 of those have been with the company for over 10 YEARS! That’s amazing… what a year!
As we close this year, our most humbling statistic are the estimated 800 family members in 2018 who chose a brand new, Jagoe Home to sleep in every night. We have the utmost pride in the craftsmanship of our homes, which is something that we build to improve on every day. We will leave you in 2018 with this promise, to always ethically and responsibly conduct our home building business every day of the year, for all of our years, for all of our employees that call us their family, and for all of the families that chose Jagoe to build their home.