Berkshire Hathaway's Summit Homes, Kansas City’s largest new home builder, has unveiled a new brand of homes called Simplicity. Simplicity is positioned at an average price point of $250,000, more than $100,000 less than the average cost of a new house in Kansas City in 2018.
“The goal behind Simplicity is to break down the increasing barriers of new home ownership that face our communities today,” said Summit Homes Chief Operating Officer Zalman Kohen. “It is our goal to bring new homes to the hardworking, deserving families that need them.”
Summit Homes developed Simplicity to fill an increasing void for affordable new home construction in the Kansas City market, which is virtually nonexistent in mass production in the area.
Over the past year, the housing premium for new construction versus resale averaged around 100 percent, which limits home buyers’ options who are looking for a new construction home at a reasonable price.
“With the Kansas City resale market experiencing a two-month supply of homes and almost no viable options for new home construction, first time home buyers are left with few choices,” said Summit Homes CEO Fred Delibero. “Thus, making the dream of home ownership seemingly unattainable. Simplicity by Summit Homes will provide an affordable solution for those seeking an economical and beautiful home right here in Kansas City.”