Welcome to today’s real estate news roundup! We have some exciting updates from the housing market that you won’t want to miss. Toll Brothers, the nation’s leading builder of luxury homes, has just announced the opening of its newest community, Ridgeline at Bickford, in Bickford, California. This exclusive gated luxury community offers new homes in Placer County, with 4 to 6 bedrooms, 3.5 to 5.5 bathrooms, and 3-car garages. If you’re interested in personalization, these homes priced from $1.1 million offer a range of dynamic structural options, and Toll Brothers’ Design Studio is available to help you customize your dream home. But that’s not all – we also have news on the cost differences between building houses in California and Texas, the grand opening of KB Home’s Vintage Oak community in Lodi, California, luxurious living in Lodi wine country with Lumina at Reynolds Ranch, and the award-winning Northlake master-planned community by Lennar in Sacramento’s North Natomas neighborhood. Read on to discover more about these exciting developments!
Toll Brothers Announces New Luxury Home Community Now Open
Toll Brothers, Inc., the nation’s leading builder of luxury homes, has announced the opening of its newest community, Ridgeline at Bickford, in Bickford, California. This exclusive gated luxury community offers new homes in Placer County, featuring 4 to 6 bedrooms, 3.5 to 5.5 bathrooms, and 3-car garages. The homes are priced from $1.1 million and offer a range of dynamic structural options for personalization. Home buyers can also take advantage of the Toll Brothers Design Studio to customize their dream home.
Costs $500k more to build house in California than Texas
According to an analysis by Pete Reeb of John Burns Real Estate Consulting, it is significantly more expensive to build a house in California compared to Texas. The ratio of new home communities under construction per capita is much higher in Texas and Florida than in California, resulting in substantially higher home prices in the latter state. Factors contributing to the high costs in California include lengthy approval processes for master-planned communities, exorbitant development fees, and restrictions on where homebuilders can construct. The housing shortage in California has led to home prices that are more than 2.4 times higher than in Texas. Texas, on the other hand, has an efficient permitting process that accommodates growth, resulting in affordable housing. Florida remains a popular destination for retirees, offering plentiful housing at reasonable prices. Despite the challenges, California still issued a significant number of permits for new home construction.
KB Home Announces the Grand Opening of Its Newest Community in a Desirable Lodi, California Master Plan | Business Wire
KB Home has announced the grand opening of its newest community, Vintage Oak, within the Gateway master plan in Lodi, California. The one- and two-story homes in Vintage Oak are designed for modern living, featuring spacious interiors, modern kitchens, bedroom suites with walk-in closets, and ample storage space. The community offers large homesites, up to six bedrooms, and three-and-a-half baths. Residents will enjoy planned amenities such as a park with sports fields and proximity to highly desirable schools. KB Home is known for building strong relationships with customers and providing personalized homebuying experiences. The company’s focus on innovative design, energy efficiency, and customer satisfaction sets it apart in the industry. Vintage Oak at Gateway is conveniently located near major transportation routes, employment centers, shopping, dining, parks, and outdoor recreational opportunities. The sales office and model homes are open for visits, and pricing starts from the $590,000s.
Lumina at Reynolds Ranch: Explore luxurious living in charming Lodi wine country – Silicon Valley
Signature Homes, a beacon of excellence in homebuilding for 40 years, offers quality homes in desirable locations. Lumina at Reynolds Ranch, located in the heart of Lodi wine country, features one- and two-story single-family homes with prices starting from the low $600,000s. The diverse home designs cater to various needs, with options ranging from three to five bedrooms and luxurious features like quartz kitchen countertops, stainless steel appliances, and included solar. Lumina is conveniently situated within walking distance of dining, groceries, and retail, as well as wineries and downtown Lodi’s vibrant eateries and shops. Signature Homes also presents two new communities at Delta Shores in Sacramento and Cardiff at River Islands in Lathrop, offering spacious home designs, highly rated schools, and scenic surroundings. With a 40-year legacy of handcrafted quality, Signature Homes invites you to experience their communities and explore the possibilities of luxurious living.
Discover new homes at Lennar’s 2023 master-planned community of the year – East Bay Times
Northlake, the newest master-planned community in Sacramento’s popular North Natomas neighborhood, has been awarded the Master Planned Community of the Year by the North State Building Industry Association. Developed by Lennar, one of the nation’s largest homebuilders, Northlake offers a variety of single-family homes in a picturesque setting with exceptional amenities. Residents have access to the Residents’ Club and LakeHouse, featuring a swimming pool, cabanas, parks, bocce ball courts, lakeside trails, and more. The community also plans to include an on-site TK-8 school. With six distinctive collections and flexible floor plans, homes range from approximately 1,774 to 3,460 square feet, offering up to five bedrooms and four bathrooms. Lennar’s Everything’s Included program adds desirable features and upgrades at no extra cost. Prices start from the high $500,000s, and interested homebuyers can schedule a tour or learn more on Lennar’s website.
KB Home Announces the Grand Opening of Its Newest Community in a Desirable Lodi, California Master Plan | Wire | chronicle-tribune.com
KB Home has announced the grand opening of its newest community, Vintage Oak, within the Gateway master plan in Lodi, California. The one- and two-story homes in Vintage Oak are designed to meet the needs of modern living, featuring popular interior features such as modern kitchens, spacious great rooms, bedroom suites with walk-in closets, and ample storage space. The community offers large homesites, up to six bedrooms, and three-and-a-half baths. Homeowners will appreciate the planned amenities, including a park with sports fields, as well as the community’s proximity to highly desirable schools. For more information, visit the provided link.