Frequently Asked Questions about South Village:
How many homes are you building?
South Village has been Master Plan Approved for 334 homes in a mix of 159 single family and multifamily homes to be completed in Three Phases. Phase I and Phase II are currently underway. Phase III has been approved with site work expected to begin on this phase in the fall or winter of 2018.
How long does it take to build a new home?
It takes about 150 days to build your new home, with the closing date stated in the O&S Addendum. Construction will include a minimum of two on-site walk-thru’s with you.
Do you build “green” homes in South Village?
All homes are built to the discerning standards of the National Green Building Standards and Energy Star. Each home is rated by an independent third party and scored for its construction. Completed homes in South Village have consistently achieved SILVER certification from NGBS.
It there any warranty on our new home/townhome?
Your new home will be covered by a builder warranty for one year. Most structural elements of the home are further covered under manufacturer warranty for extended periods.
Will I be able to inspect my new home before I actually close?
Yes, you will have a minimum of two walk-thrus with us before you close on your home. There will be a walk-thru prior to hanging sheetrock and a walk-thru prior to your closing. We will review your new home with you and together create a checklist of any items (if any) that need attention before your closing.
How much are the association fees and what do they cover?
The current monthly association fees payable to the South Village Homeowner’s Association, Inc. is $178/Mo for Townhomes and $191/Mo for Single Family Homes.
These fees cover:
- Lawn Care
- Snow Removal
- Trash and Recycling Pick Up
- Common Areas and Elements Maintenance and Insurance
- Storm Water Management Systems, Resources and Pump Station(s)
- Street Lights
What do you estimate taxes to be?
The City of South Burlington Tax Department, shares their formula for determining the 2012- 2013 property taxes at South Village as the following:
Purchase Price________/100 X $1.8153 = Estimated Taxes. Therefore, a home with a value of $400,000 would have annual property taxes of $7,300. We strongly recommend that any perspective buyer contact the South Burlington Tax Department at 802-846-4109 for more information as there are varying elements in any assessment.
How do I begin a Purchase Process?
Generally the process is as follows:
- Identify your preference of Lot & Plan.
- A $2000 refundable deposit holds a Home Site for 14 days while you choose your house style.
- After a plan review with us, within the reservation period, you may move the reservation to a Sales Contract, or, allow the reservation to terminate.
Kelly Fiske of Coldwell Banker, Hickok & Boardman Realty is our marketing agent for South Village. She can be contacted at: [email protected] or 802-861-7600. We at Sterling Homes are always happy to talk with you directly as well. Please feel free to email [email protected] or call 802-864-0600. Contact us to set an appointment and timetable to begin the process of selecting the finishes for your home.
What home sites are available now?
South Village is emerging in three phases. Phase 1 is currently underway and we have just started building homes in Phase 2. See the Current Activity map for available sites.
Does Sterling Homes have any other homes available?
Nature’s Way is part of the Pinewood Development and Sterling has several lots available to build on. See Nature’s Way for more information.
What is the National Green Building Standard? What does it mean for my house?
The National Green Building Standard™ is a national Green building program that is ANSI approved. It requires 3rd party/independent verification of all components of the home. The program, like most green programs (i.e. LEED), looks at 6 main areas; Lot design, Resource Efficiency, Energy Efficiency, Water Efficiency, Indoor Environmental Quality, and Building Owner Education. It awards points in the various categories and incentivizes green behavior. Collin Frisbie is a Certified Green Professional.
South Village homes are generally scoring in the SILVER category for overall efficiency. You can learn more about the National Green Building Standard at www.nahbgreen.org.
What other neighborhoods in Chittenden County has Sterling designed?
We have developed many neighborhoods through-out Chittenden County. Our previous neighborhood was RiverWood in Essex. Our other neighborhoods include Thistle Hill in Hinesburg, Boulder Hill on Webster Road in Shelburne, Stonegate and Deer Run in Shelburne; Roger’s Forest, Nobb Hill and Homestead Farms at Kettle Creek in Jericho; Sunrise at French Hill, Turtle Crossing and Turtle Pond in Williston; as well as Pinewood Manor and Mansfield Avenue in Essex.
What is a Registered Vermont Builder/Remodeler?
Sterling Homes is one of the original members of Registered Vermont Builder/Remodeler, Inc. subscribing to a code of building ethics, sound professional practices and service to our clients. We are proud to build to high standards that clients expect and deserve.