The phrase signifies a search for newly built residential properties within a specific geographic radius of the individual initiating the search, with a maximum price point of $300,000. This indicates a desire to purchase a home that is recently constructed, offering modern amenities and adherence to current building codes, while remaining within a defined budgetary constraint and preferred location.
Locating properties meeting these criteria is important because it allows potential homeowners to acquire residences with minimal anticipated maintenance in the immediate future. New constructions typically offer energy efficiency benefits and are often located in developing neighborhoods. The availability and nature of such properties reflect broader economic trends, including housing market conditions, construction costs, and regional development strategies. Historical context reveals that the feasibility of finding such properties is tied to fluctuations in building material prices and land values.