By Mark Samuelson
POSTED: 03/30/2014 01:00:00 AM MDT
Buyers wanting to take advantage of Colorado's bright economic picture are hearing a good-news bad-news story when they set out to buy homes: Job growth is way up - but home inventory is way down, at the lowest level in a decade, drawing Realtors to complain about the quality of resales they're getting to show. Meanwhile, 15 minutes south of business campuses in Lone Tree and Meridian where many of those new jobs are, builders are readying homes in a neighborhood that won Community of the Year for the entire Denver-Boulder area in 2013.
Terrain at Castle Rock by Starwood Land Ventures - holding a Spring Move-In Ready Tour three miles east of I-25 on Founders Parkway - has community assets that go on and on: A Douglas County elementary school smack-dab in the center, beside the Town of Castle Rock's pretty Wrangler Park, with an amphitheater for concerts and events, giving way to over 400 acres of open space, crossed by the Colorado Front Range Trail. There's an eye-catching community pool and clubhouse, a King Soopers two minutes away, and lots of dining and other shopping in Castle Rock's old-west styled downtown.There are also numbers of new homes you can tour this weekend - ones with all of the features that Realtors wish they could show in the dwindling resale listings in Highlands Ranch and Centennial. They have 3-car garages, high performance energy and 'smart-home' features, and living spaces designed around the way people live today - less formal, more open, better spaces for creativity and communications.But they're not going to last long: "We've worked to get homes ready for the spring market, but they're selling fast," says Mary Connelly with Lennar Homes, who can show you a Parker plan that has a main-floor master and three more bedrooms upstairs, plus a main-floor study and 3-car garage, on a site backing to open space, at $449,900. The home's island kitchen has Kona cabinets, granite counters, stainless appliances, a pocket office and a walk-in pantry.A few blocks south, Jennifer Smallwood and Pam Matyas with Taylor Morrison Homes have a choice of homes ready now - including a four-bedroom Cambridge plan, with main floor study and a gourmet kitchen with stainless appliances, double ovens and side-by-side fridge, on a lot sized over 18,000 square feet - uncommonly large for new home areas. But there are only 15 total home-and-site packages left; and as with Lennar's homes, they're moving fast.You can also see homes by TRI Pointe Homes from as low as the $360s - and the amenities already in place: swim club, Sage Canyon Elementary School, and the scenic open space. Terrain, Community of the Year, is three miles east of I-25 on Founders. Head south on I-25 to Meadows/Founders Parkway, then east three miles to Rising Sun or Copper Cloud Street and follow the signs.
WHERE: Spring Move-In-Ready Tour at Terrain at Castle Rock; Community of the Year, with walk-to school, extensive parks & trails, swim club; choice selection of family-sized homes & ranches by 3 builders. Lennar Homes at 4012 Whitewing Ln, Castle Rock; Taylor Morrison Homes 2855 Russet Sky Trail; TRI Pointe Homes 1760 Tall Tale Ln. Take I-25 south to Founders/Meadows Pkwy, east 3 mi to Rising Sun or Copper Cloud, left & follow signs
PRICE: TRI Pointe from high $200s; Taylor Morrison & Lennar from mid-$300s
WHEN: Today 11 a.m. until 6 p.m.
PHONE: Lennar 720-402-2390, Taylor Morrison 303-305-5522, TRI Point 303-802-1540