Home builders who offer under market value on small lots in great local neighborhoods
Since opening for business 20 years ago, 40-something brothers Rob and Marc Michaud have been multi-tasking, tech-savvy and above all - passionate about home building. As hands on builders, they have proven to be adept at handling the multiple responsibilities of land acquisition, construction and the sale of their homes.
The two partners are never satisfied with the status quo. They are constantly researching, networking with industry experts, and educating themselves on the latest construction technology and building materials that will allow them to offer more value. As Certified Green Professionals, they use eco-friendly practices to make their homes not just energy-efficient, but healthier, more comfortable, and friendlier to the environment.
Rob and Marc’s custom clients are successful Fairfield County millennials and Gen X-ers with young families like themselves, as well as semi-retired and rightsizing boomers, who like working with Rob and Marc, because the two brothers consistently build quality, economically designed homes that compete in value with those in much higher price ranges.
Focus is on finding smaller building lots at under value prices
The key to the Michaud Group’s success is a turnkey formula the brothers have perfected over the years. They are laser focused on finding smaller building lots in desirable neighborhoods, and then shrewdly acquiring each one at a very competitive price. They use a close network of land sellers, architects and real estate brokers, as well as their own due diligence.
The key to their reputation for value is the under market sales price of each home
The Michauds value engineer the design and construction of each home they build by including all of the luxury features that appeal to their market, but in an economical, waste saving building envelope. Fine craftsmanship is evident in wainscoting, coffered ceilings, and millwork, and their open, bright floor plans are designed for the way most families live today. The kitchens are spacious, with granite or marble countertops and professional appliances, and their spa-like master baths feature natural stone floors, oversized showers, free-standing soaking tubs and marble vanity tops.
Every custom client is anxious to follow their new home’s construction, so the Michauds offer each client secure online access to a page with all of their home’s details, building schedule and photos that track its construction progress. Clients can view and approve change orders, make selections and communicate with the Michauds 24/7.
The last eight homes they sold were all located in exceptional Fairfield neighborhoods. The 2,800 to 3,800 sf homes offered open living spaces, 4 and 5 bedrooms and 3½ baths on ¼ acre lots. They sold between $750,000 and $1.1 million - a rare price range for new construction in lower Fairfield County, yet the sweet spot pursued by a majority of young homebuyers.
Last year, The Michaud Group won its 9th state HOBI (Home Building Industry) Award – this one for an appealing 3,800 sf contemporary colonial they built on a ¼ acre neighborhood lot close to downtown Fairfield. HOBI judges were impressed by the home’s craftsmanship, including floor to ceiling paneling, pocket doors to the library, coffered ceiling family room and beamed cathedral ceiling dining room, all at a purchase price of $1.1 million.
The Michaud’s latest home is a charming 3,250 sf four bedroom 3½ bath colonial located on a deep quarter acre lot in the university area of Fairfield. True to their home building philosophy, this home is priced under the current market.
Originally published August 5, 2016. This post is contributed by a community member. The views expressed in this post are the author's.