BUYERS DRAWN TO LUXURIOUS HOMES

TOWN OF CHENANGO, NY, May 21, 2004 – Diversified Properties' upscale community Poplar Hill Estates is attracting value-conscious families seeking convenience, luxury and comfort in the prime Town of Chenango location. This community offers estate-caliber residences boasting innovative designs and half-acre wooded homesites, some with walk-out basements.

According to Director of Marketing Christine Gresham, there are five unique floorplans, each with three different elevations to choose from. In addition to these five floorplans, ranch and first floor master bedroom plans are also available on your choice of wooded lot. Premium standard amenities such as hardwood flooring in foyers, kitchen and breakfast areas, 9-foot first floor ceilings, gourmet kitchens with rich cabinetry and designer ceramic tile baths grace each grand interior. Some models feature three-car side entry garages, walkout basements, and brick or stone exterior accents can further enhance these distinctive homes' appeal.

Buyers who would like to get an idea of how elegant life can be at Poplar Hill Estates can visit the furnished Sales Center to view some of the standard finishes and custom upgrades that are available.

In addition to several other homes currently under construction within the Poplar Hill Estates' community, construction is about to commence on the Rosewood model featuring 3,070 square feet and a large expanded ranch model. Each of these homes will be available for late fall 2004 delivery.

The ranch plans and first floor master bedroom plans are priced in the low $300s and the Maplewood, Oakwood, Rosewood and Aspen start at $359,990. From now through June 15th buyers can now benefit from a $5,000 savings incentive, good toward premium Design Center options such as solid surface countertops, brick or stone accents and upgraded landscape packages just to name a few.

The Sales Center is open Saturdays and Sundays from 12 to 4 pm and Monday through Friday by appointment. For additional information, please call the Sales Center at (607) 648-9000. To visit, take Route 17 to Route 81 north to Route 88 east towards Albany. Take Exit 2 – Chenango Bridge / Route 12 A. At the light, turn left and cross both bridges. Bear right towards Kattelville Road. At the first light, make a right onto River Road. Make a left onto Poplar Hill Road and a left onto Hemlock Lane to the Sales Center. View the current collection of homes, the site plan and the standard features on-line at www.diversifiedproperties.biz!