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October 16, 2017
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KB Home to Release “Starlight” Collection in Stapleton

KB Home is introducing a unique mid-century modern, ranch style home series in Stapleton.  It’s unlike anything they’ve done before in the neighborhood, from both a style & a size perspective.  With up to 2,890 sf on one level above grade they’re very spacious! These homes remind me of the homes from Denver’s “Krisana Park” neighborhood, but with the functionality & efficiency of a new home & all the benefits that come with living in Stapleton.

Our goal with this post is to give you an overview of all 5 homes in the series including the floor plans, pricing, lot locations & more. If you’re interested in this series we’d love to help you through the home building process as your “Buyer’s Agent”.  (here are what some recent clients had to say about our services as Stapleton-focused agents)

The basics

“Eclipse” model home- Great room

First, let’s dive into the basics of what this series is all about.  All the homes have mid-century modern architecture like large windows and low pitch gable rooflines.  Buyers can even add interior touches from that era as well, such as tongue and groove wood ceilings, beams, dens, wet bars & more.

The homes have 2- 4 bedrooms and they range in square footage above grade (meaning not including the optional finished basements) from 2,301 sf – 2,890 sf.  Three car garages are optional and even included on certain plans.

Floor plans

Now let’s show you all 5 floor plans, starting from the smallest (least expensive) then working our way up to the to largest (most expensive):

Cosmos

“Cosmos” floor plan: This plan will start around $640k, it has 2,301 sf above grade and offers 2-4 beds (1 in basement).  It has a 2 car garage (with option for 3rd car), a wide open great room and an optional enlarged courtyard off kitchen. This plan, like all the plans, comes standard with a partial basement with crawl space.  You can upgrade to a full unfinished basement or you could go all out and do a finished basement. The finished basement in all the plans adds a large recreation room, an additional bedroom and a full bathroom.

“Eclipse” floor plan:  This plan will start around $650k, it has 2,483 sf and it offers 2-4 bedrooms similar to the first plan.   Be sure to check out the gigantic shower and huge walk in closet in the master bedroom.  It features the same open great room and in this plan I noticed all secondary bedrooms also have walk-in closets.  As I studied all the basement options I noticed that when you finish the basement with the builder you still end up with about half of the space down there unfinished.  That could be a pro or con, depending on the buyer.  For those that prefer to have quite a bit of storage that’s appealing but buyers who want to maximize their finished square footage may want to finish the basement after they purchase the home from the builder. (Note: in general I suggest buyers who want a finished basement and can afford it now should do it with their builder.  Contractors are busy and it’s probably more expensive and annoying to complete the basement on your own after your purchase.  The exceptions to that advice are cases like this where the builder leaves a lot of space unused or the case of the buyer who wants to customize their basement more than the builder will allow)

“Galaxy” floor plan:  This plan starts around $670k, has 2,617 sf and offers 2 bedrooms on the main level as well as a den that you step up to from the great room.  This plan does not offer a third bedroom on the main level like the first two plans did so I suspect it may appeal a little less to families who often seek 3 beds on one level but could appeal more to empty nesters who would enjoy the flexibility of the den.  Buyers needing to add a third bedroom to this plan would need to finish the basement.

“Moonbeam” floor plan: This plan starts around $675k, has 2,714 sf and offers 3-4 beds (1 in basement).  This plan is my personal favorite!  I love the den/flex space off to the side when you walk in and the great room through the middle of the home providing separation from the master suite and the secondary bedrooms.  The great room includes a large kitchen overlooking a living room that has a huge wall of windows out to a large courtyard.  It also has a huge, easily accessible kitchen pantry which is nice.

Twilight

“Twilight” floor plan: This plan starts around $700k and is the largest plan with 2,890 sf above grade! Very similar to the Moonbeam plan above but slightly larger, this plan offers more windows in main area.  I’m sure it includes a few more options but on paper it seems like the Moonbeam offers roughly the same house for about $25k less based on the preliminary pricing.  Maybe better to spend that money on other upgrades or towards a finished basement?  (these are my thoughts just based off paper & preliminary pricing…this could change as more info becomes available).  Note that on the Twilight it does fit on some of the lots that only have the $15k lot premium in this first release but it won’t fit on the smaller lots in the coming releases.  So if you want this plan but don’t want to pay the highest lot premiums you may want to jump on this plan in the first release.

Pricing

“Eclipse” model home- Master bath

So how much will these homes cost “all in” once you factor everything in?  The likely end pricing will vary significantly in this series.  Budget conscious buyers can likely build a home in the high $600k’s and those that want to go all out could end up in the mid $800k’s.  And there will be plenty of ways you could build one of these in the $700k’s, which is where most buyers will likely end up.  How do we get to those all in prices when the base prices are in the $600k’s?  We get there using the new build pricing formula below:

New Build Pricing Formula:

Base price

+ lot premium ($15k – $40k range in this series)

+ structural options (AC, service door off garage, generally items that affect permitting)

+ basement options (partially excavated unfinished basement, fully excavated unfinished basement or finished basement)

+ design center options (cost varies for different hardwood floors, cabinets, countertops, tiles, etc)

= total cost

The formula above can be a lot to absorb, so lets’ look at 2 pricing formula examples in this Starlight KB series:

Least expensive option:

“Cosmos” floor plan with minimal upgrades:

Base price:  $640k

Lot premium: $15k (assumes least expensive lot premium)

Structural options: $15k (assumes AC & a few upgrades but not too much)

Basement options:  $0 (assumes partially excavated, unfinished basement)

Garage options:  $0 (2 car garage standard)

Design center:  $25k (minimal upgrades at the design center)

Total cost:  $695k

“Eclipse” model home- Great room

Most expensive option:

Decked out “Twilight” floor plan:

Base price:  $700k

Lot premium:  $40k (largest plans usually get most expensive lots)

Stuctural options:  $25k

Basement options:  $36.4k (finished basement)

Garage options:  $0 (3 car included on this plan!)

Design center:  $60k (assumes a lot of high end upgrades!)

Total cost:  $860k

Hopefully this helps explain pricing but part of our job as your Buyer’s Agent is helping you understand your likely end price before you get too far along in the process.

Lot locations:

There are 20 “Starlight” lots in Stapleton’s newest neighborhood, Beeler Park.  Here is a map showing all the lots

Included Features:

What comes standard and is included in the base price?  Here is the list of included features.

Next steps if you’re interested

“Eclipse” model home- Finished basement

Think you may be interested in buying a home in the Starlight series?  If so we’d love to meet and help you get prepared.  We can help you value your current home (if needed), help you plan out your likely all in price for this series and help you get the loan pre-qualification done.

To reserve a lot the buyer must put down a refundable $1,000 check.  Once the lot is released and you know the final base pricing you can decide whether or not to move forward.  So because there is no risk, buyers wanting to get the best lot possible should reserve one as soon as they can.

Why use a Buyer’s Agent on a new build?

There are several reasons you may want to have a Buyer’s Agent on your side when building a new home in Stapleton.  (FYI a Buyer’s Agent means an agent representing you, not the builder)  First, you pay the same price either way, whether you have an agent or not.   Because the builder pays our fee (and you don’t get a discount if you don’t have an agent) it just makes sense to have someone on your side.  We also help by advising you through the process, setting realistic timeline expectations, providing valuable contacts to designers & inspectors as well as helping you sell your existing home if needed.  For those buyers that have an existing home to sell before they build their new home we’re happy to sell that home for a discounted commission.  If you’re interested in having a Buyer’s Agent on your side, whether you build with KB Home or any of Stapleton’s 10 builders, Mariel and I at Focus Real Estate have great relationships with the builders and we’re happy to help.  (Here is our video series about each step of the new build process  if you want to check it out)

That’s the scoop on the new Starlight collection from KB Home in Stapleton!  If you have any questions or need more info our contact info is below.

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