New Homes In Colorado Springs
About New Construction
New homes for sale in Colorado Springs are in high demand and even the best home builders are having a hard time keeping up. The thought of owing a brand new home is enticing, complete with a builder warranty along with that new house smell! Depending on what you are looking for, model homes in Colorado Springs can be found all over the area but the majority of new homes under construction are taking place to the north and to the east of the city. Along with getting to choose your paint, carpet and countertops, these newer developments typically feature a community lifestyle and are conveniently located to shopping, dining, entertainment and military bases.
Real Estate Statistics
- Total Listings: 589
- Average Price: $513,165
- Highest Price: $2,750,000
- Lowest Price: $203,900
Ready to look for new construction homes for sale? Explore the listings below or keep reading to discover more about new construction in Colorado Springs.
New Construction Homes For Sale
|All Listings||$200,000 - $300,000||$300,000 - $400,000|
|$400,000 - $500,000||$500,000 - $600,000||$600,000 - $700,000|
|$700,000 - $800,000||$800,000 - $900,000||$900,000 - $1,000,000|
3 Bed • 5 Bath • 5,078 Sf
3198 Spirit Wind Heights, Colorado Springs
Amazing, Breathtaking Views With A Resort Lifestyle! The Panorama Was Created By A Local Award Winning Custom Builder. The Residential Development ...View Listing
4 Bed • 5 Bath • 7,933 Sf • 1 Acres
3560 Sebastian Heights, Colorado Springs
The Only Gated Subdivision In Broadmoor Proper! *solid Perimeter Wall With Gate * Granite Cobblestone Street * Natural Stone Exterior * Handhewn Wo...View Listing
4 Bed • 5 Bath • 5,634 Sf • 3 Acres
3670 Outback Vista Point, Colorado Springs
This To Be Built Home Will Allow You To Bring The Outside Inside Like Never Before. From A Gallery Of Windows After Window, You Will Experience A S...View Listing
5 Bed • 6 Bath • 6,278 Sf • 3 Acres
15290 Shortwall Drive, Colorado Springs
Live Your Best Colorado Life In This Mountain Contemporary Award-winning 2019 Parade Home By Alliance Builders In Prestigious Flying Horse North. ...View Listing
5 Bed • 6 Bath • 5,525 Sf • 1 Acres
5384 Old Star Ranch View, Colorado Springs
Incredible Mountain And City Views! Prime Walkout Lot On Over An Acre At The Top Of Star Ranch And Base Of Cheyenne Mountain. This Custom Contempor...View Listing
3 Bed • 4 Bath • 4,957 Sf • 1 Acres
2435 Stratton Pines Point, Colorado Springs
This Is The Perfect Home For The Property Located In The Intimate Setting Of Stratton Pines. This Quaint And Charming To Be Built Home Awaits Your ...View Listing
5 Bed • 5 Bath • 4,640 Sf • 3 Acres
3680 Stagecoach Road, Colorado Springs
Build Your Fully Custom Dream Home And Live The Spectacular Flying Horse North Lifestyle! Escape To Your Quiet And Peaceful Home Lounging On Your ...View Listing
5 Bed • 5 Bath • 5,332 Sf • 5 Acres
4015 Hidden Rock Road, Colorado Springs
The Modern Mountain Finishes Are A Perfect Blend In This Rare New Construction Home On Over 5 Acres Of Pines In Hfr Backing To Shamrock Ranch. En...View Listing
5 Bed • 5 Bath • 6,243 Sf • 1 Acres
1728 Turnbull Drive, Colorado Springs
2019 Parade Of Homes Winner Of "best Kitchen". Warm Industrial Home In Beautiful Upscale Golf Course Community. Cul-de-sac Location, This Gorgeous...View Listing
3 Bed • 3 Bath • 4,178 Sf • 1 Acres
Oakmoor Heights, Colorado Springs
Spec Home To Be Built On This Corner, Cul-de-sac Lot With Just Over An Acre Of Privacy. Enjoy The Beauty Of This Lot From The Ample Windows And Ope...View Listing
5 Bed • 5 Bath • 5,157 Sf • 1 Acres
5394 Old Star Ranch View, Colorado Springs
Secluded And Prime Lot At The Top Of Star Ranch, Featuring Unobstructed Cheyenne Mountain Views. This Custom Home Is Loaded With Upgrades Featuring...View Listing
In many areas of Colorado Springs, it’s not uncommon to see new communities being developed with homes that are under construction. Compared to the Denver and Boulder real estate markets, the cost of living in Colorado Springs is considerably less, and with so many people moving into the area, the housing market is experiencing high demand with an extreme shortage of inventory. As the need for new homes in Colorado Springs continues to rise, home builders and land developers are working hard to keep up.
New Construction Market Share
In the Colorado Springs area, new home construction makes up about 25% of the total market share. In 2017, 14,576 single family homes were sold in El Paso County. During that same timeframe, 3,504 new building permits were initiated with the Pikes Peak Regional Building Department. According to the permit data from 2017, the average raw construction costs to build a new single family home in El Paso County was $405,000 (excluding builder profit margins). With the prices of building materials and land development costs also continuing to increase, filling the inventory gap in Colorado Springs for homes under $400,000 remains to be a major challenge.
The New Home Construction Process
If you choose to build a new home, you will want to involve yourself with the process as much as possible to gain the most benefits. After all, why build a new home if you let someone else pick out the paint colors, flooring, kitchen cabinets, light fixtures and appliances? If you decide to buy a new home in Colorado Springs, your building project will advance in several stages with a few important checkpoints along the way. Most home builders will meet with you and your REALTOR® several times during the building process with a construction timeline similar to this:
Pre-Construction Meet-Up – Your builder will meet with you to review the final construction plans, approve any upgrades, and confirm all of your selections before any kind of construction or excavation takes place.
Pre-Drywall - After the majority of the framing is completed, your builder will schedule a walkthrough with you during the HVAC, plumbing and electrical rough-in phase, just before installing the drywall. This walkthrough is important if you are building a custom or semi-custom home as it will be the last opportunity for you to make any minor changes to the framing.
Pre-Closing Walkthrough - As your new home construction nears completion, you’ll have a chance to conduct a pre-closing walkthrough of the home. This walkthrough is necessary to insure that all the specifications were met according to the contract and that the standards of construction are acceptable. This is also referred to this as the builder “punch-list” walkthrough, where you can carefully inspect the house and flag any imperfections with blue painters tape.
Closing Day – The big day is here at last! This final walkthrough doubles as a homeowner tutorial, ensuring that you know how everything works and that you understand the warranty process. Then, it’s off to the closing table to sign the paperwork and pick up your keys!
Choosing A New Home Builder
There are three kinds of home builders to choose from. Custom Builders, Semi-Custom Builders and Production Builders.
Custom Home Builders
Custom homes are typically the most expensive to build but also grant you the most design freedom. When designing a new custom floorplan, architects and structural engineers will also be involved so you’ll need to budget your project accordingly. Depending on the level of detail that your project requires, creating a new set of house plans with structural engineering can easily cost $10,000 (or significantly more). It’s not uncommon for a fully custom home project to take between 12-18 months to complete due to the extra time required for the design and plan approval process.
Semi-Custom Home Builders
A semi-custom home is a great choice if you want your home to feel unique but don’t want to spend the time or money designing a new set of plans. Most semi-custom builders will have several variations of the same “master” floorplan to choose from. For instance, you might have the option to move a wall, alter the exterior appearance or substitute a bedroom for a bigger walk-in closet, etc. Many of these minor changes don’t require any additional engineering and can be done in the field. This can help keep the front end costs down considerably. The timeframe to build a semi-custom home is between 6-8 months on average.
Production builders construct their new homes on a large scale. They are able to keep prices affordable by buying lumber and building materials in high volume and employing their own tradesman versus hiring independent subcontractors. Some of the larger production builders will also develop their own land, eliminating the need for a middle-man land developer which can help reduce costs even more. A production home is the most affordable way to buy a new home in Colorado Springs but you will only have a few basic options to choose from regarding the exterior color scheme and interior selections. Productions homes are usually fully completed within 4-6 months.
NEw Home Architectural Styles
In the Colorado Springs new home market, there are a wide variety of architectural styles to choose from, but one of the more popular house designs that is making a comeback is the contemporary concept. Contemporary homes will offer an open, spacious environment to home buyers with amenities that generally include the following features:
- Tall ceilings with distinctive roof lines
- Single level homes or two-stories with lofts
- Open floor plans utilizing outdoor living spaces
- Modern light fixtures, cabinet and door hardware
- Tile made of glass or resembling hardwood flooring
- Gray and earth toned color palettes
- Eco-friendly materials such as bamboo flooring and synthetic counter tops
- High efficiency heating systems and energy saving appliances
New Neighborhoods In Colorado Springs
While the majority of the newer homes are being built in the northern and eastern parts of El Paso County, the areas to the south near Fort Carson including Fountain, Security and Widefield are also experiencing significant growth. Here are some popular subdivisions that are offering new homes for sale in Colorado Springs:
Northern Colorado Springs and Monument
Eastern Colorado Springs
Fountain Valley and Fort Carson
The Best Neighborhoods For Custom Homes
The first step to building a custom home is choosing the right lot. Be sure to consider any of these fantastic, luxury communities in the Colorado Springs area if you are considering building a fully custom home:
New Homes vs Resale
There are many pro’s and con’s to consider when comparing new homes to resale. One of the biggest benefits when buying a new home is getting a builder warranty. Most builders offer a one year bumper to bumper warranty along with a longer term structural warranty.
The two other major considerations (and common oversights) between a new home versus a resale property are the window treatments and landscaping. Most builders will omit these costly upgrades in the base pricing of their homes but a resale property will already have these upgrades completed.
The Best Deals For New Homes
Although it might be a little tough to find the deal of a lifetime in the current Colorado Springs housing market, new home builders still discount their inventory from time to time. One of the best ways to find a good deal on a new home is to track the days on the market after the home has been completed. If a new home sits for more than 30-60 days, builders will typically drop the price or offer more incentives to get them off their books. Another thing to look for is a newer subdivision that is nearing its completion. Quite often, these remaining lots are a little less desirable and will be offered at a discount price.
Buying a home without the help of a REALTOR® probably won’t save you any money. In fact, it can cost you money if you don’t know how to negotiate with the builder’s sales representative! The biggest reason why most builders won’t discount a home just because you don’t have a real estate agent is because they still need to rely on a strong sales price to support future appraisals. High valued appraisals are extremely important for maximizing a builder’s full borrowing power with their bank. The additional leverage allows them to cover their overhead, make payroll and keep the new inventory coming. So, be sure you bring along your favorite broker when you are shopping for your new home!
Many Options For New Homes
At the end of the day, it’s great to know that you have several options when it comes to purchasing a newly constructed home. Whether you are looking for a certain location, a specific architectural style or just want something brand new and affordable, you’re sure to find it here in Colorado Springs!
Are you interested in new homes for sale? If so, be sure to contact the Sun Mountain Realty team! We know the best home builders in the Colorado Springs real estate market and look forward to finding you the perfect home!
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The real estate listing information and related content displayed on this site is provided exclusively for consumers' personal, non-commercial use and, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.