Century Complete Announces Brand-New Homes Now Available in Coolidge, Arizona
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Insights
Century Communities, Inc.'s expansion into the Coolidge area with the Cross Creek Ranch development is a strategic move that leverages the growing demand for affordable housing. The mid $200s price point for single-family homes is competitive, particularly given the current economic climate where affordability is a key concern for many consumers. The choice of location is also notable, as Coolidge is positioned for growth, benefiting from its proximity to Phoenix while offering a small-town atmosphere.
The inclusion of shared amenities like playgrounds and basketball courts aligns with modern homebuyer preferences, who often seek community features that enhance their living experience. By offering a variety of floor plans and online purchasing options, Century Communities caters to the increasing trend of digital home shopping, which has been accelerated by the pandemic. This approach not only broadens their market reach but also modernizes the home-buying process, potentially leading to increased sales velocity.
From a financial perspective, Century Communities' initiative to sell new homes online could have positive implications for their revenue stream and market share. The focus on affordable pricing could attract a larger customer base, particularly first-time homebuyers and those looking for cost-effective living solutions near urban areas. By diversifying their portfolio with developments like Cross Creek Ranch, the company is likely aiming to mitigate market risks associated with economic downturns and fluctuating real estate markets.
However, it's important to monitor the cost structure and profit margins associated with this venture, as the affordability aspect might lead to lower margins compared to luxury developments. Investors should consider the balance between volume sales and profit per unit when evaluating the company's financial health and future growth prospects.
The real estate development aspect of Cross Creek Ranch highlights several industry-specific considerations. For instance, the development's emphasis on single-story floor plans suggests a response to demographic trends, such as the aging population's preference for homes without stairs. The project's scale, with 227 homesites, indicates a significant investment in the Coolidge area, which could drive local economic growth and create a ripple effect in the regional housing market.
Furthermore, the development's success hinges on effective project management, including timely construction, quality control and adherence to regulatory requirements. The balance between speed of development and maintaining high standards of construction will be critical in ensuring the long-term reputation and success of Century Communities in the region.
National leader in online homebuying now selling affordable, quality new build homes outside of
COOLIDGE, Ariz., March 7, 2024 /PRNewswire/ -- Century Communities, Inc.,—a top 10 national homebuilder, an industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2023—announced that its Century Complete brand is now selling a lineup of single-family homes at Cross Creek Ranch, a new
Featuring a versatile selection of single-story floor plans, Cross Creek Ranch boasts desirable features, including walk-in kitchen pantries, covered patios, open-concept layouts and spacious homesites. The community also features several shared amenities, such as common areas, playgrounds, a basketball court and picnic area. Cross Creek Ranch offers an optimal location with close proximity to public and charter schools, shopping, and more. In total, Cross Creek Ranch will bring 227 new homesites to the fast-growing area of Coolidge—providing a charming hometown feel with easy access to city life—with a wide selection of floor plans to make it easy for buyers to find a home that meets their needs.
"We're honored to bring quality, affordable homes to
Learn more about Cross Creek Ranch and view available homes at www.CenturyCommunities.com/CrossCreekRanch.
NOW SELLING:
Cross Creek Ranch|
Now selling from the mid
- 7 floor plans; single-story homes
- 3 to 4 bedrooms, 2 to 3 bathrooms, 2-bay garages
- 1,290 to 2,127 square feet
Model Home (Palo Verde Plan):
1249 N. Manana Lane
Model home Grand Opening!
Saturday, March 23 from 11 a.m. to 4 p.m.
VISIT OUR
While our state-of-the-art online homebuying process allows you to buy on your terms—24 hours a day, 7 days a week, 365 days a year—we also offer in-person assistance from local experts at our sales studio.
917 N. Promenade Parkway, Suite 105
520.308.6195
DISCOVER THE FREEDOM OF ONLINE HOMEBUYING:
Century Complete is proud to feature its industry-first online homebuying experience on all available homes in
How it works:
- Shop homes at CenturyCommunities.com
- Click "Buy Now" on any available home
- Fill out a quick Buy Online form
- Electronically submit an initial earnest money deposit
- Electronically sign a purchase contract via DocuSign®
Learn more about the Buy Online experience at www.CenturyCommunities.com/online-homebuying.
About Century Communities
Century Communities, Inc. (NYSE: CCS) is one of the nation's largest homebuilders, an industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2023. Through its Century Communities and Century Complete brands, Century's mission is to build attractive, high-quality homes at affordable prices to provide its valued customers with A HOME FOR EVERY DREAM®. Century is engaged in all aspects of homebuilding — including the acquisition, entitlement and development of land, along with the construction, innovative marketing and sale of quality homes designed to appeal to a wide range of homebuyers. The Company operates in 18 states and over 45 markets across the
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SOURCE Century Communities, Inc.
FAQ
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