July 20, 2024


Body and Interior

Reunion near DIA, 3 Oakwood collections have prices in $3s to low $4s

After a month when the median-priced detached home in the Denver area rose to near $600,000 and when lumber prices were pushing new home prices higher, you can still find one community with three separate series of new homes that have prices with 3s and 4s in front of them, rather than 5s and 6s.

“We have huge respect for our customers and we’re taking risks for them,” says Rhett Nelson, regional sales manager for Oakwood Homes, developing the Reunion master planned community in Commerce City, on the way to DIA.

That includes a new single-family Porchlight Series of big-value homes—with sizes ranging from 1,300 to 2,100 sq. feet, at prices starting at $396,000. One of those plans delivers three bedrooms and three baths at a cost-per-foot of just over $200—very low for a year that has seen Denver’s big run-ups in price.

With a few upgrades included, you can still go under contract for one of those Porchlight designs at a real price in the mid-$400s, says Kayla Hatfield, who directs sales for all three attainably priced series at Reunion.

Just as important as the price, the contract Oakwood will write you has no ‘escalation clause’ in the fine print—a device some builders in some regions are using now to cover their risk as construction costs soar.

If you need to keep things even more affordable, you can tour the models for Oakwood’s Sterling Duets collection of paired homes—two homes paired together to create the size and feel of a single-family home, with real prices in the upper $300,000s.

Despite the low pricing, Oakwood is keeping its production capacity high, to serve more families and to keep wait times low, says Nelson.

“For buyers who have been forced out of the resale market, this is a chance to tour three series of homes that don’t have shock-and-awe prices,” he adds.

“Buyers realize that this is a better way to buy a home now.”

Those new Porchlight single-family homes have an information center at their neighborhood site two miles west of Reunion at E. 104th Avenue at Vaughn Way, two miles east of Highway 85.

Sterling Collection models are another two miles east on 104th at Reunion Parkway; and Oakwood’s hugely successful Carriage House models are just east of the iconic Reunion Coffee House overlooking 52-acre Reunion Park and lake, and a 21,000-sq.-foot rec center. Nearby, you’ll see Reunion’s newest amenities taking shape at Reunion Center, with a 5-day/week STEAD school opening this fall.

On all of these collections, you’ll find energy and conservation features way beyond what resale homes are showing, along with a much lower-maintenance landscape design.

The news and editorial staffs of The Denver Post had no role in this post’s preparation.