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Multi-fam housing fills a need in Valley Last Updated: January 08, 2015 The Steppes have been a bright spot in an otherwise dismal housing market in Valley Center the past four years. The duplexes, triplexes and now four-plex apartments along Sheridan and Cottonwood are practically the only new housing starts the city has seen the past four years. Sure, there have been a few single-family homes built here and there since 2010, but the multi-family market has kept the needle moving forward for Valley Center. We hate to say never, but single-family residential construction may have a hard time replicating the kind of pace it was on seven or eight years ago when the Prairie Lakes and Valley Meadows subdivisions were growing. The city — and its property tax payers — should be thankful for The Steppes addition. It came at the right time. Now, we're hoping to see the same kind of growth in the multi-family section of the Ridgefield subdivision near Sheridan and Fifth. Residential growth has its problems. But there's no better substitute for increasing a community's property values. — The Ark Valley News |
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