A new Phoenix community caters to the underserved first-time buyer niche with single-family homes starting in the low $140s and no-money-down financing options.
Woodside Homes’ newly opened Villages of Westridge Park will include 216 single-family detached homes that range in size from 1,383 to 1,859 square feet with up to four bedrooms, abundant storage space, and two-car garages. The community provides homeownership opportunities for buyers who want an affordable option without a long commute to the city. It also offers several features not commonly found at a starter home price point such as solar-ready packages, walk-in closets, and granite countertops.
According to recent data from Zillow, Phoenix-area Millennials can only afford about 56% of housing listings in the area, compared to the national average of 70% of homes on the market that are affordable to young adults.
The gated community will feature six floor plan options and three exterior elevations. Interiors include walk-in closets and master walk-in showers, recessed can lighting, and stainless steel double bowl kitchen sinks. Bathrooms boast chrome accessories and faucets, cultured marble vanity tops, expansive plate glass mirrors, and elongated toilets.
Westridge Park was originally owned by another builder that entitled and developed the property in 2006. Six homes were sold before the market shifted and the project was sold to MPC Homes, which held it until Woodside purchased it in 2012. Woodside re-opened the community in May 2013 after refurbishing the original models but quickly decided to build a new model park that was more reflective of its design aesthetic. The new models opened last month.
The Energy Star-certified homes are approximately 30% more energy efficient that traditionally built homes and come with an Environments for Living guarantee on heating and cooling costs. Other green features include low E vinyl windows; 50-gallon quick-recover water heaters; Energy Star-rated dishwashers; CFL lighting; low-VOC carpets, paints and finishes; WaterSense toilets, faucets and showerheads that reduce water usage up to 50%; blown-in cellulose insulation; 14-SEER HVAC systems with fresh-air ventilation; and radiant barrier roof sheathing.