New Surprise Community of 795 Houses With Prices Starting in $300,000s To be Built

Article originally posted on AZ Central on March 11, 2024

A new community in Surprise will sprout 795 homes with prices starting in the high $300,000s.

Meritage Homes’ 227-acre development called Paloma Creek will also have the biggest amenity center it has built so far, with a pool, an outdoor kitchen, a playground, a fire pit, a basketball court and fitness and community centers.

Located near West Happy Valley Road and 163rd Avenue, the community’s houses will range in size from about 1,200 square feet to more than 3,000 square feet. Prices range from $380,000 to about $450,000.

Homes are under construction and models are open in Paloma Creek. Sales started last month.

The median home price in Surprise is $445,000, according to Realtor.com. Metro Phoenix’s median price is $430,000.

“Paloma Creek offers homebuyers well-appointed, energy-efficient homes at an affordable price,” said Jamie McAndrew, vice president of sales for Meritage in Phoenix. “We look forward to welcoming buyers to the community and helping them achieve their goal of homeownership.”

The houses will include spray-foam insulation, Low-E windows, air infiltration systems and ENERGY STAR-certified appliances.

New homes are drawing more Valley homebuyer attention because of the short supply of existing houses. Also, many home builders offer mortgage-rate buydowns for buyers.