Kenna Real Estate Group · New construction
Colorado builders are sitting on a 15-year inventory peak. That means closing cost credits, rate buydowns, design money and price cuts on quick move-in homes. Here is who is offering what, and how to get all of it.
A live person answers. Not a robot, not a phone tree.
Right now the best deal in Colorado real estate is a quick move-in home from a builder that has too many of them. Builders are paying closing costs, buying rates down well below the market rate through their own lenders, waiving lot premiums and cutting prices on finished homes. The incentives are largest on homes that are complete and sitting. They are smallest on a dirt start you customize.
New builds for sale
2,757
Colorado Springs, Aurora, Denver, Parker and Windsor lead.
Closing cost credits
$10K to $25K
Tied to using the builder's lender in most cases.
Rate buydowns
2-1 or permanent
Do the math on the payment, not the rate.
Your cost to bring an agent
$0
Register your agent on the first visit.
| Incentive | Value on a $600,000 home | Catch |
|---|---|---|
| Permanent rate buydown | Hundreds a month for 30 years | Builder's lender, quick move-in only |
| 2-1 temporary buydown | About $616 a month in year one, $315 in year two | Returns to the note rate in year three |
| Closing cost credit | $10,000 to $25,000 cash at closing | Capped by the loan type |
| Price cut | 3% to 8% on standing inventory | Only on homes that sat |
| Design credit | $5,000 to $20,000 of upgrades | Only on homes not yet finished |
| Lot premium waived | $5,000 to $40,000 | Ask; it is rarely advertised |
Every builder page below shows live MLS listings that name that builder, with counts and prices updated daily.
Most new Colorado subdivisions sit inside a metro district that adds a mill levy on top of county property tax, plus an HOA. On a $600,000 new build that is routinely $300 to $500 a month more than the payment the builder's flyer shows. Ask for the total tax rate and the HOA before you fall in love with the incentive. Read how metro district taxes work.
A resale seller gives about $10,000 on average and negotiates on price. A builder gives more on quick move-in inventory and holds the base price. If the payment is the problem, the builder wins. If the location is the problem, resale wins, because builders build where the land is. Compare with what resale sellers are giving.
A one-page tracker of the incentives we are seeing this month by builder and community, plus the question list for the sales office. Fill in the form below and we email it today.
Get the guide by email Use the form at the bottom of this page. We send it the same day, and a live person follows up once.Text the community name to 303-955-4220. A live person calls the sales office and sends you the current offer the same day.
Call or text 303-955-4220Search new constructionClosing cost credits of $10,000 to $25,000, 2-1 and permanent rate buydowns through the builder's lender, design credits, waived lot premiums and price cuts of 3% to 8% on finished quick move-in homes.
In most cases, yes. Get an outside quote anyway and compare the full payment with the incentive against the payment without it.
Base price rarely moves. Incentives, lot premiums, design credits, closing costs and closing dates all move, and finished homes that have sat 60 days or more get real price cuts.
You do not have to have one, but the builder pays your agent and the sales office represents the builder, not you. Register your agent on the first visit or the builder will not pay them.
Colorado Springs, Aurora, Denver, Parker, Windsor, Johnstown, Fort Collins, Arvada and Littleton lead, with 70 to 430 new-build listings each.
On payment, the builder buydown wins because it is larger and permanent in many cases. On price and location, resale wins. Compare the full monthly payment, including metro district taxes and HOA, before you decide.