Our biggest event of the year is October 7—Prairie Harvest Fest!
In the ever-evolving landscape of real estate, the decision to purchase a home is a significant one. Timing plays a pivotal role in ensuring a sound investment that brings value as it appreciates over time. Historically, home ownership has always been a hedge against inflation, and offers the stability of a set monthly housing payment. Your monthly housing payment is making an investment in your own asset. Something you don’t get by renting.
Inflation impacts the cost of rents as well as interest rates on mortgages. The advantages of investing in a new home, such as stability, tax benefits, and – everyone’s favorite, building wealth over time – are hard to deny when choosing whether to rent or buy a new home.
New construction homes, often built with modern amenities and energy-efficient features, are expected to offer lasting value. These modern features save you money, lower your utility bills, and feature the best in interior home design. Resale home inventory remains low, but new home inventory is available and ready for new buyers to move in.
Another key factor in considering buying a new home construction home is that most new home communities are located in amazing up and coming areas. Painted Prairie is located in one of the fastest growing markets in the Denver Metro Area. The aerotropolis area is slated to bring thousands of new jobs, new ways to travel, and new opportunities to live, work, and play not seen in other areas of the country. You don’t want to miss out on buying when the community is growing. Median appreciation in the Denver Metro area is at 6%. Now is the time to gain optimal appreciation to help you reach your financial goals.
New materials and construction techniques contribute to a reduced likelihood of repairs and replacements. When buying new construction, builders typically offer warranties on various components of the home, providing you with peace of mind and potential cost savings in the long run.
New construction homes are designed with advanced insulation, HVAC systems, and energy-efficient appliances, resulting in lower utility bills and a reduced carbon footprint. Additionally, these homes often come equipped with smart home technology, allowing you to control various aspects of your home remotely. These features not only enhance your quality of life but also contribute to long-term cost savings.
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The current lending landscape, and builder incentives are other factors that make now an optimal time for investing in a new construction home. Many homebuilders are buying down rates, and offering closing incentives to help people get into a new home.
While interest rates may seem relatively high compared to the historic lows of 2020 and 2021, the rates are a lot less than the 10-12% interest rates of 30 to 40 years ago. In fact, today’s rates are still relatively low from a historical standpoint. Our home builders work with preferred lenders who can help you secure a mortgage at a favorable interest rate now, and help set a strategy to help you refinance in the future.
Many realtors and real estate experts stress the importance of buying now versus waiting for “interest rates to go down.” Why? Because chances are interest rates are likely to go up again over the next few quarters in an effort to stave off inflation. Once things settle, rates will eventually come down and you will be ready to refinance, and have the one thing that every homeowner wants – equity.
Home prices also continue to go up, even though prices have recently improved in the Denver Metro area. The moral of the story is that you can’t time the market. It just doesn’t pay to wait. Get in and gain equity to help you reach your future goals – pay off debt, save, buy a bigger home (when the time is right) – all to help you secure your financial future.
Want to see how far your money could go if you bought now versus three years from now? Check out this analysis by Nicole Rueth, SVP of The Rueth Team with Movement Mortgage. For example: If you were to wait three years to buy a $600,000 home in Adams County (the county where Painted Prairie is located) it would cost you $106,780. This includes annual loss in cash flow, loss of property appreciation, and amortization lost in just 3 years vs. buying now.
Now more than ever, it is a great time to consider buying a home today, versus waiting.
If you are interested in learning more about Painted Prairie’s builder incentives, visit our Inventory page to connect with one of our seven world-class builders. Click on a house for more information, and you will be redirected right to the builder to schedule a tour, get more information on the home, or sign up for an interest list.
Happy house hunting!
We have exciting news! Three homebuilder model homes will join Berkeley Homes’ models on North Lisbon Street in September. Located across the street from the future Town Center, these model homes feature indoor/outdoor living, amazing floor plans, and plenty of room to gather with family and friends. You’ll definitely want to check out what’s happening on N. Lisbon Street on the weekend of September 23-24, 2023!
The New Home Co. will debut its Plan 2 model at 6196 N. Lisbon St., Aurora, CO 80019. Starting at $515,990, the two-story Plan 2 features 1,643 sq. ft. filled with 3 bedrooms, 2.5 baths, and a 2-car alley load garage. All six of New Home Co. Woodrose plans range from 1,288 sq. ft. to 2,190 sq. ft. have designed great home plans for working professionals, empty nesters, and families too.
Remington Homes will move its sales center to its newest model, The Chickadee at 6048 N. Lisbon St. Starting at $613,000 the two-story Chickadee features 2,565 sq. ft., 3 bedrooms, 2.5 baths, a 2-car alley-load garage, and a home office. Front yard landscaping is included, with the option to include a finished basement during buildout.
Meritage Homes is also moving its sales center and Woodland and Orchard models right around the corner to 6362 and 6364 N. Lisbon St. These two-story townhomes range from 1,487 to 1,874 sq. ft., with alley-load garages and are steps away from the future Town Center.
Along with Berkeley Homes’ two models – Residence 2 and Residence 3, these additions to Lisbon Street offer new options for those seeking a place to call home at Painted Prairie.
Watch our social posts, or sign up for our newsletter (check the bottom of this page to sign up) to stay in the know about all things Painted Prairie. You don't want to miss our next model home Grand Opening celebration happening September 23 and 24, 2023 on N. Lisbon Street at Painted Prairie. Want to see even more model homes? Check out our Explore Homebuilders page to find the perfect builder for you and your family.
We've got some fabulous news to share...New Home Co. is launching its their stunning Woodrose collection at Painted Prairie coming this fall!
The Woodrose Collection by New Home Co. epitomizes sophistication and contemporary living, and you can soon experience it firsthand right here in Painted Prairie. The collection showcases two-story, single-family homes with six different floor plan styles ideally designed for working professionals, empty nesters and everyone in between. Priced from the $500,000s and ranging from 1,288 to 2,192 sq. ft., with 2-4 bedrooms and 2.5 baths, this collection offers something for everyone.
Whether you're a first-time buyer, a growing family, or someone looking to downsize in style, there's a perfect fit waiting for you. With New Home Co.'s commitment to quality craftsmanship and thoughtful design, you'll find homes that showcase the perfect harmony between aesthetics and functionality.
The grand arrival of New Home Co.'s Woodrose collection is slated for September 2023. Mark your calendars, set your reminders, and be prepared to embark on an unforgettable home-buying journey. Your dream home awaits, and we can't wait for you to experience it.
Don’t miss any updates. Make sure to download the Painted Prairie app on the App Store or Google Play to stay up-to-date with the latest news and developments on New Home Co.'s arrival. Plus, sign up for our brand-new newsletter to receive exclusive insights, pre-launch sneak peeks, and special offers!
We are excited to announce the addition of new sales centers and model homes from some of our world-class local and national homebuilders, featuring brand new floorplans not yet seen in the community!
Parkwood Homes is hosting its Grand Opening celebration on Saturday, September 17, from 11 am to 3 pm. Offering tours of its first model home, The Chelsea, and lunch by Walking Taco Denver, a local food truck favorite.
Parkwood’s stunning Chelsea model boasts a rooftop deck, a carriage house perfect for a home office or a guest hideaway, and many traditionally modern American finishes.
The Chelsea is located at 21275 East 61st Drive, Aurora, CO 80019.
Later that evening, come back and enjoy one of Painted Prairie’s favorite events, Movies in the Park featuring Jumani: Welcome to the Jungle. The free show begins at sundown (around 7:15 pm).
David Weekley Homes opens its newest model, The Sloan, on Saturday, September 24 from Noon to 3 pm. The homebuilder is hosting several activities for kids and brokers, including a free lunch and self-guided model and community tours.
The Sloan model home features 2,300 square feet and three to five bedrooms, two to three full baths, one half bath and two-car garage. After September 24, the model will be open daily from Monday through Saturday 10 am to 6 pm, and Sunday Noon to 6 pm for tours at 21005 E. 61st Drive, Aurora, CO.
Explore more of David Weekley's new 47' front-load products or all of their alley-load home options.
Local Colorado homebuilder Berkeley Homes is slated to open its new sales trailer at Painted Prairie on Saturday, October 1, just in time for the third annual Prairie Harvest Fest! Meet their team at the Information Tent along N. Orleans Drive from 10 am to 3 pm.
Berkeley Homes’ models are currently under construction and are anticipated to be open in early 2023. The sales trailer will be located at 6286 Lisbon Street in Aurora, CO.
The two-story alley-loaded homes will reflect a modern farmhouse and prairie aesthetic and pricing will start in the high $500Ks. The three- and four-bedroom floorplans range in size from approximately 1,750 feet to 2,500 feet and will include a two- or three-car garage. Available options include an outdoor patio, recreation room, basement and additional bedrooms.
Meritage Homes is back at Painted Prairie! New sales trailer opens Thursday, November 17, 2022, located at 6312 N. Lisbon Street, Aurora, CO 80019.
These two-story townhomes with alley-load garages set the standard for energy-efficiency.
The 3 bedroom, 2.5 bath floorpans range from 1,428 to 1,874 sq. ft. and will feature a two-car garage. Prices start in the mid $400Ks.
As you can see, there is a lot happening at Painted Prairie!
Download the new Painted Prairie App from the App Store or Google Play to see inventory, connect with our homebuilders, explore events, get directions and so much more. Look for the Painted Prairie logo!
*Imagery and information is subject to change without notice.
New Home Build at Painted Prairie Community Will Provide Opportunity and Hope for Individuals Living with Disabilities
Last month, nearly 100 people gathered under the pavilion at High Prairie Park at the Painted Prairie community in northeast Denver. They were there to learn more about the 2022 Inspiration House, a collaboration between KB Home, a Denver area homebuilder, and its trade partners, whose donations or discounted services and materials significantly reduce the cost of the home build. The proceeds from the sale of the new home are then donated to Home Builders Foundation (HBF), a nonprofit organization that completes free home modifications year-round to help elevate the lives of individuals with disabilities.
The house being built by KB Home at Painted Prairie is the eighth Inspiration House undertaken since the program began in 2003. The previous seven homes have together raised more than $700,000, which has helped HBF complete home modifications for nearly 2,000 individuals living with physical disabilities.
Among the speakers was Chris Layne, Miss Wheelchair Colorado 2020–21. Layne, a former nurse who was paralyzed while hiking in Clear Creek Canyon, shared the importance of the work done by HBF. After undergoing months of rehabilitation and adjusting to life in a wheelchair, Layne experienced true anxiety when she learned she was about to be discharged from Craig Hospital. Picturing the steps that led into the home that she’d lived in for more than 20 years and the second-floor bathroom, Layne was concerned that she’d never be able to live independently again. Fortunately, her family contacted HBF, who built ramps leading into the house, installed a stair lift, replaced flooring and created an accessible bathroom so that the home was ready for Layne when she was discharged. Layne explained how the modifications elevated every aspect of her life, saying, “With Home Builders Foundation allowing me to get that independence with my disability, I am able to do so much. I look at it as not what I can’t do, but what I can still do with my independence and my life.”
Randy Carpenter, President of KB Home’s Colorado division, has been involved with HBF for years and shared that being the sponsoring homebuilder for the 2022 Inspiration House is the perfect fit for the company’s values.
“Through our KB Cares program, we strive to invest in the communities where we build, work and live. We believe that we can drive change and have a positive impact on the lives of others,” stated Carpenter. “Last year, we donated more than $1 million, and our employees volunteered over 1,200 hours in communities across the country. We are proud to partner with HBF and lead the efforts to make a real difference for individuals and families living with long-term disabilities.”
The 2022 Inspiration House, which has already been sold, is expected to be completed in late fall. The new home blends attractive design features and includes three bedrooms, a loft, spacious den and large great room that flows seamlessly into the open kitchen. The 2,300-square-foot, two-story home sits on a corner homesite and offers breathtaking mountain views.
As with all KB homes, the Inspiration House will be ENERGY STAR® certified and include WaterSense® labeled fixtures, which will help to deliver significant savings on utility bills. Additionally, the home will be designed to deliver an enhanced indoor environment and include high-performance ventilation systems, low- or zero-VOC products and other features guided by the Environmental Protection Agency’s (EPA) Indoor airPLUS standards.
During the gathering, the Developers of Painted Prairie generously announced that they would be donating the entire cost of the homesite to the 2022 Inspiration House. Other trade partners in attendance eagerly joined in; to date, more than 20 partners have already signed on to donate or discount their labor and/or materials for this year’s Inspiration House.
Dave Highfield, Principal of Fortress Framing, announced his company’s commitment and encouraged others to join by saying, “Because we’re all in this together, our donations and contributions multiply. By the end of the project, we’re not just helping one family, we’re helping scores of families living with a disability.”
HBF has seen a significant rise in demand as more people with long-term physical disabilities are requesting services. The funds raised from this year’s Inspiration House will help HBF complete an estimated 280 projects this year — all of which will enable individuals with disabilities to live more comfortably, safely and independently.
First it was Denver Metro’s Community of the Year – Now, it’s the NATIONAL Community of the Year. Painted Prairie takes the Gold for Community of the Year, Best Landscape of a Community, and Best Signage at the National Association of Home Builders (NAHB)’s The Nationals awards competition.
Well, It’s official! Painted Prairie is the national Community of the Year. The neighborhood won seven awards at the National Association of Home Builders (NAHB)’s “The Nationals.” The gold awards were presented at the International Builder Show on February 8, 2022, in Orlando, Florida.
“To be recognized locally, and now nationally as the Community of the Year is a tremendous honor,” says Chris Fellows, President of Painted Prairie. “Out of nearly 1,200 entries a mere 12% earn Silver Awards and less than 6% earn Gold Awards. To take home seven awards at a competition of this caliber is incredible. We are extremely honored and humbled to be named Community of the Year and to bring this best-in-class community to the City of Aurora – and the state of Colorado for our current and future residents.”
As part of the selection process, The Nationals Silver Award winners are the top vote recipients in each category and are the finalists for the Gold Awards. In total, Painted Prairie received three Gold Awards – Community of the Year, Best Landscape of a Community, and Best Signage; and four Silver Awards – Best Brochure, Best Realtor/Broker Program, Best Special Promotion (Event Series); and Best Use of Technology (Painted Prairie App).
In 2021, Painted Prairie took top honors as Community of the Year at the Denver Marketing and Merchandising Excellence Awards (MAME) awards ceremony. As a finalist in 10 of the 11 categories entered at MAME, Painted Prairie took home Best Innovative Use of Technology (Painted Prairie App) and Best Signage. The MAME Awards are typically seen as the precursor to the NAHB’s The Nationals, the largest and most prestigious awards competition in the home building industry.
The Nationals showcases the most exciting trends in New Homes Sales and Marketing throughout North America. The competition honors the best in the building industry – including home builders, developers, associates, and consultants – for their determination, integrity, creativity, and endurance. A diverse panel of industry professionals selected the 2022 Gold Award winners from almost 1,200 entries.
These wins at The Nationals competition solidify Painted Prairie’s reputation as the best-of-the-best communities in the nation. With eight world-class builders and hundreds of residents happily calling Painted Prairie home, and with more residential options and a state-of-the-art Town Center coming soon, this community is taking the Northeast Market to new heights.
We invite you to stop by and see what makes us the Community of Year – locally AND nationally.
Painted Prairie also takes top honors for Best Innovative Use of Technology and Best Signage
AURORA, COLO., Dec. 6, 2021 — Earlier this year, Colorado’s home building community came together at the MAME Awards on November 6 to celebrate the accomplishments of their peers and colleagues throughout the state. Painted Prairie took top honors in three categories to solidify its position as one of the best neighborhoods in Colorado.
During the event, Painted Prairie was awarded the coveted 2021 Community of the Year Award along with the Best innovative Use of Technology for its app, and Best Signage. In total, Painted Prairie walked away as a finalist in 10 categories. The MAME Awards are typically seen as the precursor to the National Association of Home Builders (NAHB) The Nationals Awards. The Nationals Awards event is the largest and most prestigious awards competition in the home building industry. Last year, Painted Prairie brought home two Silver Awards from The Nationals for its Prairie Partner Broker Program and its socially distanced Grand Opening Event.
“The Community of The Year recognition is one of the most sought-after awards for new communities in Colorado. These recognitions represent a year of passionate commitment from the Painted Prairie team to continue to deliver a best-in-class community for the City of Aurora and current and future residents here,” says Chris Fellows, President of Painted Prairie. “Our team works tirelessly throughout the year to create this amazing neo-traditional community and to offer a unique and captivating experience for homebuyers.”
About Painted Prairie
Painted Prairie is a neo-traditional master-planned community in the Denver Metro area featuring eight world-class builders. Hundreds of residents are already happily calling Painted Prairie home and with more residential options and a state-of-the-art Town Center coming soon, this community is taking the northeast market to new heights. Painted Prairie is situated across the street from the Gaylord Rockies Resort and located halfway between Anschutz-Fitzsimmons and Denver International Airport, with easy access to the A-Line rail, E470, DIA, 56th Avenue, I-70, Downtown Denver, and I-225. To learn more about Painted Prairie, visit https://paintedprairie.wpengine.com/
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Media Contact:
Michelle Tripp
303-319-9669
More choices, more great things happening as Berkeley Homes, Parkwood Homes and Remington Homes join the neighborhood’s best-in-class lineup of new homebuilders
AURORA, COLO., April 30, 2021 — Painted Prairie, one of the fastest-growing neighborhoods in Colorado, welcomes three new homebuilders to the community. Denver-based, new home brand Berkeley Homes; family-owned Parkwood Homes of Maryland; and homegrown Colorado builder, Remington Homes, are set to break ground on their new model homes later this summer.
Epic Homes, KB Home Single Family, KB Home Villas, and McStain Neighborhoods will continue to build their highly successful product lines at Painted Prairie. All model homes are anticipated to begin construction this summer.
“By offering today’s new home buyers more choices in terms of price, architectural style, and living options, we are offering a place you can call home for years to come,” says Chris Fellows, Developer for Painted Prairie. “We provide the ultimate opportunity for anyone who wants to live, work and play in a community that mirrors their values and hopes for the future. The addition of these new homebuilders to our already stellar lineup of Colorado’s best builders, furthers our commitment to welcoming everyone home to Painted Prairie.”
Painted Prairie is a neo-traditional design/land plan community designed by Peter Calthorpe at Calthorpe Associates, in collaboration with Mark Johnson at Civitas Denver. It is the only neo-traditional master-planned community in the northeast market of the Denver Metro Area. Painted Prairie is situated for easy commutes and access to Denver’s arts and cultural activities. Situated across the street from the Gaylord Rockies Convention Center and located halfway between Anschutz-Fitzsimmons and Denver International Airport, with easy access to the A-Line rail, E470, DIA, 56th Avenue, I-70, Downtown Denver, and I-225, the community is conveniently located from just about anywhere. Construction of Painted Prairie began upon the formal groundbreaking on September 21, 2018. Construction is slated to continue through 2030. To learn more about Painted Prairie visit paintedpstg.wpengine.com.
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Media Contact:
Michelle Tripp
303-319-9669
