- Brookfield Residential building in Solterra.
- Homes will be ready this fall.
- Homes are energy efficient and priced from about $450,000.
Brookfield Residential, after great success selling its energy-efficient homes in its Midtown at Clear Creek community in Adams County, is now venturing west with its “Home Evolved” concept of constructing green homes.
Consumers can now put in orders for Brookfield homes in Solterra in Lakewood, a community nestled in the foothills abut 20 minutes west of downtown Denver.
Homes, starting at $449,880, are expected to be completed in the fall. Brookfield is offering six different floor plans, between 1,785 and 2,158 square feet. Brookfield recently began taking orders at its temporary office in the club house at Solterra.
Solterra is built on a hillside near C-470 off of West Alameda Parkway, between Green Mountain and Red Rocks.
“We believe these homes will inject an element into the Jefferson County market that buyers have never seen before,” said Perry Cadman, a a general manager at Brookfield.
“Home buyers in that area now have an option for significant energy efficiency at a price and value previously unimagined,” Cadman said.
Brookfield homes, he said, attains the energy efficiency, at reasonable prices by virtue of the Englewood-based company’s emphasis on building science.
Brookfield’s new homes in Solterra will have certified energy efficiency scores (called Home Energy Rating System or HERS scores) far superior to ordinary homes built to strict “code” standards, according to Cadman
The lower the HERS score the better. A typical Brookfield home is 28 percent more energy efficient than a standard new home built to code and 41 percent more efficient than a typical home built a decade ago.
Its homes achieve superior scores by using better insulation, modern windows and climate retention, as well as energy-efficient appliances, furnaces and water heaters, according to Brookfield.
Although carved in a rugged hillside, Solterra it is close to the Colorado Mills mall and Belmar, as well as employment centers such as the Denver West Office Park, Denver Federal Center, the St. Anthony Medical Center and the National Renewal Energy Laboratory.
The median household income within a mile of Solterra was $127,398 in 2010 and is projected to hit $134,906 in 2015.
“Solterra offers Brookfield Residential an ideal location for its ‘Home Evolved’ product, mainly because of the demographics of the area,” said Brookfield spokesman Steve Caulk.
“We have known for a while that the people buying homes in that area put a premium on comfort and energy efficiency, and Brookfield Residential can provide both at the greatest value,” Caulk continued.
”We have had Solterra in mind for more than a year, and we knew we wanted to get started in that area as soon as we were able to launch our projects in Midtown at Clear Creek, and in Brighton Crossing.”
The new Brookfield homes at Solterra will feature “seamless indoor and outdoor living,” with patios, wrap-around courtyards, and extra windows for great views of nearby Green Mountain, according to the company. The “Residence One” model at Solterra will include a main-floor master bedroom and optional roof-top deck.
Neither Lakewood nor Jefferson County have experienced a surge in home building activity and Realtors say demand is out-stripping supply.
In the first two months of 2014, Jefferson County only issued 15 permits for single-family, detached homes , down from 19 in the first two months of 2013, according to the Home Builders Association of Metro Brokers.
In Lakewood, builders pulled 27 permits for single-family homes in January and February, compared with 20 in the first two months of 2013.
“I like Solterra,” said Jim Smith, owner of Golden Real Estate, which specializes on selling homes on the West side.
He has only one concern about Solterra.
“I’ve always wondered what the impact of the noise from Bandimere Raceway, which is clear within earshot,” Smith said.
Interested in buying a home in Solterra? Please visit COhomefinder.com.
Interested in buying a home in Lakewood? Please visit COhomefinder.com.
Have a story idea or real estate tip? Contact John Rebchook at JRCHOOK@gmail.com. InsideRealEstateNews.com is sponsored by Universal Lending, Land Title Guarantee and 8z Real Estate. To read more articles by John Rebchook, subscribe to the Colorado Real Estate Journal.