Pradera

[b.adams]

Sapphire Pointe had the same homes as Pradera (from DRH) and were sold for $100k less and are far more convenient to I-25 than Pradera, IMHO.

It should be noted that these production built homes were actually built by Continental Homes which was later acquired by DR Horton ... but the quality of the Continental Homes was far better then what a DR Horton would typically have.

There are incredible buys over in Sapphire Pointe and Puma Ridge right now.

Unless you work in Parker or play golf ... I wouldn't select Pradera over Sapphire Pointe or Puma.

[smt221]

D. R. Horton recently began construction on lots located in Pradera’s Semicustom Neighborhood. Normally, most homeowners would welcome such activity, but the sounds of bulldozers digging for foundations of track homes in the Semicustom Neighborhood the morning after residents expressed their concerns to the D R Horton-dominated HOA prompted For Sale signs to spring up throughout the community.

Appraisers have estimated the presence of production houses in the Semicustom Neighborhoods of Pradera reduces property values by $80,000.00 for each home, just about the profit margin D. R Horton can expect from each production house built in the Semicustom Neighborhood.

This parasitic strategy is not new to D R Horton. The builder pulled the same bait-and-switch in the Production Community of Pradera known as the Renaissance Collection two years ago. After selling more than two thirds of the production homesites in Pradera, the builder introduced smaller homes with a price point of over $100,000 less than the original designs and built them in the empty lots adjacent to their original customers, hammering home values in an already weak market.