1789MontereyThe Florida Vernacular
About the Monterey at Waters Edge
The Monterey, a 1,789 SF new floor plan from ICI Homes. This 3 bedroom two bath home offers luxury living for families or those downsizing. Enter the home through the rotunda and immediately be greeted by the flex room. This is a perfect study, den or optional 4th bedroom. The open kitchen, dining and gathering areas are comfortably suited for small or large get-togethers. The back of the home houses the owners suite complete with a large owners bath and walk-in closet. The two guest bedrooms share a bath and the home is finished by a nicely sized two-car garage.
Annual Utility Costs1
Save $970!vs. Resale Home
The MontereyHERS Score - 62
Other BuildersHERS Score - 100
Resale HomeHERS Score - 130
1Annual utility bill cost is estimated. HERS score ratings and estimated annual bill data provided by SkyeTec, a RESNET-certified independent energy rating firm and is derived from the base plan. HERS score could change based on custom options and lot placement.
2Adjustment based on $80 per square foot.
3See sales associate for details. Information stated above is for illustrative purposes only and offered only as a broad overview of the potential advantages of buying new construction. Home costs listed will vary depending on size and location of home and local market conditions. Consumer is advised to conduct their own thorough research before making a home purchase. Reserve/Replacement: Based on residential construction industry life averages of systems and materials as follows: carpet @ 7 yrs @ $6,650, HVAC @ 15 yrs @ $5,000, Roof @ 20 yrs @ $15,000, Exterior Paint @ 7 yrs @ $3,100, Appliances @ 8 yrs @ $5,450, Misc Repair @ 7 yrs @ $7,000; 7 years proration of all systems = $42,200. Utility Bills: Based on 7 year usage estimates from industry professionals who measure energy efficiency throughout the state of Florida, find that new homes built meet a HERS rating of 60-70 exceeding codes and will yield a 35-40% energy savings over existing older construction. Insurance: Based on general average of yearly savings on newer construction in the state of Florida based on higher safety standards, stronger construction and latest building code requirements. Resale Value: based on National Realtor averages used when preparing a competitive market analysis. This amount is highly subjective and will vary from house to house based on market conditions.
4Monthly mortgage payment is an estimated value only. Estimated value only takes principal and interest into consideration.