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Franktown New Construction Homes for Sale

HomeFranktown
New Construction

Compare Franktown new construction homes by price, builder, timing, lot fit, and location.

Latest Franktown, CO New Construction Homes for Sale

Looking for new construction homes in Franktown? 85 Franktown new construction homes for sale are on the MLS today, $385K to $5M, median $950K, every one of them below. 21 of the 85 sampled are condos or townhomes. Call or text 303-955-4220. A live person answers.

2 Properties Found
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Current Real Estate Statistics for New Construction Homes in Franktown, CO

2
Homes Listed
44
Avg. Days on Site
$428
Avg. $ / Sq.Ft.
$1,699,000
Med. List Price

Who is building in Franktown, where, and what it costs

Franktown new construction, live from the MLS: 1 homes today, median about $1.4M. Builders are competing on incentives here, closing-cost credits and rate buydowns on finished homes and design credits on to-be-builts; the table below shows who is building where and the chart shows what each community costs. Read the metro district line before you compare against a resale.

What a Franktown new build costs per month

Median Franktown new build, $1.4M, 5% down, 7% note rate: about $11,300 a monthPrincipal and interest$8,842Property tax incl. metro district (about 1.1%)$1,282Homeowners insurance$583Mortgage insurance (5% down)$476HOA$90A builder-paid 2-1 buydown cuts year one by about $1,707 a month. The metro district line is the one to verify per community.
The advertised price is the first line only; taxes with the metro district, insurance, mortgage insurance and the HOA add about $2,431 a month on the median Franktown new build.

Questions people ask about new construction in Franktown

How many new construction homes are for sale in Franktown right now?

1 this week, $1.4M to $1.4M, median about $1.4M. The grid above is live; finished quick move-ins and to-be-builts both appear when the builder lists them on the MLS. More: New construction homes for sale in Colorado.

Which Franktown new-construction community is the best value?

Value is the price plus the metro district mill levy plus the HOA; ask for all three before comparing two communities.

What does the metro district add in Franktown?

Most Franktown new-construction communities sit in a metro district that finances the roads and water; the mill levy adds roughly 0.3 to 0.6 percent of value a year, $250 to $400 a month on the median home, on top of the county tax.

Is new construction in Franktown more expensive than resale?

Per square foot, new builds in Franktown run above the resale median, and the metro district tax adds to the payment; the offsets are the incentive, the warranty, the energy bill and no repairs for a decade. Run the year-one payment both ways with the credit applied. More: New construction homes for sale in Colorado.

Do I need my own agent to buy a new build in Franktown?

You need one registered on the first visit. The builder pays the buyer agent; walking in alone removes your negotiator, not the commission, and the sales office represents the builder. More: Best Agent for New Construction Home Buyers in Colorado.

Which builders are building in Franktown?

The Franktown listings name the community rather than the builder; call and a live person names the builder behind each filing. More: New construction homes for sale in Colorado.

Call or text 303-955-4220 with the community name. A live person answers and sends the incentive, the mill levy and the two-lender comparison the same day.

Questions people ask about new construction homes in Franktown

How many new construction homes are for sale in Franktown right now, and what do they cost?

1 Franktown listings name a new-build feature this week, from $1.4M to $1.4M with a median near $1.4M. The grid above is the live list; the count and the prices move as homes close and new ones list.

Do new construction homes cost more in Franktown?

Builders are paying $10,000 to $25,000 in closing costs and rate buydowns on finished homes right now; the metro district tax is the line that offsets it.

Where else near Franktown can I find new construction homes?

The same search runs in the cities next door: Castle Rock new construction homes for sale, Elizabeth new construction homes for sale, Parker new construction homes for sale, Castle Pines new construction homes for sale. Prices step down as you leave the core and metro district taxes step up in the newer subdivisions.

What should I check on a new-build home in Franktown before I write an offer?

Metro district mill levy and debt; it adds $250 to $400 a month to most new communities. Quick move-in versus to-be-built; the incentives differ. Your own inspections at pre-drywall and final. Write the findings into the inspection objection, not into a text after the deadline.

What is the monthly payment on the median Franktown new-build home?

About $9,776 a month on the $1.4M median: $8,377 principal and interest at a 7 percent note rate with 10 percent down, plus roughly $816 in property tax and $583 in insurance. Add HOA or metro district dues where they apply, and a seller credit toward a buydown takes $300 to $600 a month off year one.

Call or text 303-955-4220 with the address. A live person answers and sends the disclosures and the last sales on that street the same day.

Need Help Comparing New Homes in Franktown?

Use the listings above to compare price, location, completion status, builder notes, and fees. Kenna Real Estate Group can help you verify what is included before you tour or write an offer.

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