The first homes in Providence Village, the first community to break ground in the massive Sterling Ranch master-planned community in Douglas County, Colo., just south of Denver, will start in the upper-$300,000 range, according to Denver Business Journal reporter Molly Armbrister.
Providence Village will include homes built by seven different homebuilders and will have nearly 800 homes and 85 acres of open space, with the first model homes opening late in the third quarter of 2016.
The 3,400-acre Sterling Ranch is anticipated to take 20 years to build out and is expected to eventually house 33,000 people in 12,000 homes.
A line of low-maintenance line of homes built by CalAtlantic Homes will carry prices starting the mid-$500,000s while Brookfield Residential and Lennar Homes will build a line of homes featuring "innovations in living," starting in the $500,000s and upper $300,000s, respectively.
Six homebuilders will offer homes aimed at growing families, with pricing as follows:
-CalAtlantic Homes, from the mid $600,000s
-Lennar, from the mid $500,000s
-Meritage Homes, from the upper $400,000s
-Parkwood Homes, pricing coming soon
-Richmond American Homes, from the mid $400,000s
-Wonderland Homes, from the upper $400,000s