Loveless Estates Townhouses
Planned Unit Development Plat Located in Nephi, UT
33 Units Available In Plat A– See Available Units
Landscaping Plan
Landscaping will consist of rock and Grass – Rock will be next to the buildings and grass will be along the road and in the back as shown as a large field behind the units. A bowery will also be part of this plan. This plan is consistent with the geo-tech engineering report and cannot be altered by the individual property owners. The developer will also plant trees and shrubs and needed.
What Will you Own versus the HOA – (Attention Real Estate Agents)
Private Ownership – As shown on the planned unit development plan, the owners of each unit will own and be deeded the unit space. That is also known as private space on the approved plan.
Limited Common Ownership – This ownership consists of two main areas. The first is the driveways that lead up to each unit. This is space owned by the HOA, but is consigned to each property unit holder. Meaning that each unit owner has full rights to this ground. No other owners or visitors may use this space, only the owner whose unit it serves. The owner also has responsibilities for snow removal during the time of winter months. The second area is the concrete pad that is behind every unit. This pad will be approximately 20 feet by the width of the unit. This is property that is owned by the HOA, but services the individual unit owner. Same policy applies to this ground as the driveways. This property may be fenced off by a privacy fence paid for by the developer. The fencing will be white in color and 6 feet tall in height.
Common Ownership – This property is owned by the HOA. This is all of the property that is known as sidewalks, landscaping, open areas, grass, rock and any added amenities. This can not be altered, adjusted, owned or manipulated by the individual unit owners. This property is maintained, discussed and managed by the voted HOA management group. This group will be from the unit owners and will be in place at the completion of the developers building.
Fencing – What will be fenced by the developer?
The developer will provide exterior fencing for the project. The fencing will be 6 feet tall and will be white in color. The developer will also provide a partition fence between each individual unit on the back concrete located in the limited common area. They will pay for the privacy fence and gate to each unit.
Why Priority Homes?
For discerning homebuyers in Nephi, Utah, Priority Homes is the only developer that brings the craftsmanship of custom homes to townhouses because of our 20 years of expertise and dedication to quality design.
Target market: The target market for Priority Homes is discerning homebuyers in Nephi, Utah, who seek high-quality, well-designed homes. The evidence from the case indicates a shift in the market towards more affordable yet high-quality housing options, suggesting a growing demand for townhouses that offer the benefits of custom homes without the high price tag.
Competitive set: Priority Homes’ competitive set includes other homebuilders and developers in the Nephi area who are also shifting their focus to townhouses. However, unlike its competitors, Priority Homes leverages its extensive experience in custom home building to offer a superior product.
Unique value chain: The unique value chain for Priority Homes is its ability to transfer the craftsmanship and attention to detail from its custom home projects to its new townhouse developments. This approach ensures that each townhouse is built to the same high standards as a custom home, offering a distinct advantage in the market.
Reasons to believe: The reasons to believe in Priority Homes’ positioning include its 20 years of experience in the custom home market, which has established a reputation for quality and reliability. Additionally, the new townhouse projects at Loveless Estates demonstrate the company’s ability to adapt and meet market demands while maintaining its commitment to quality.
This positioning statement and the supporting evidence underscore Priority Homes’ unique proposition in the Nephi housing market, distinguishing it from competitors and appealing to a target market that values quality and design.