MASTER PLAN REPORT Stapleton · 2019-11-13 · Stapleton Willow Park East… David Weekley Homes 4,000 59 2.92 1,802 $525,823 08/01/16 Stapleton South End Row Ho… David Weekley

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MASTER PLAN REPORT

StapletonDeveloped By Brookfield Residential

ACTIVE MASTER PLAN

Denver, CO 8023839.79605 N -104.884274 W

Sales Center Phone: (303) 382-1800Website: https://link.zonda.co/3cbJ

Open Date: Jan. 2002 (17 years)Community Size: 4,700 acres

TOTAL MASTER PLAN UNIT SUMMARY

Planned

10,270Sold

9,289Remaining

981

ACTIVE PROJECT SUPPLY

Active Projects

25Active Units Planned

802Active Units Remaining

290Upcoming Projects

2LTM Sales

388LTM Sales Rate

1.87

MASTER PLAN MAP

Stapleton, Nov. 06, 2019

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BUILDER SUMMARY Active & Upcoming Projects

RANK BUILDER # OF PROJECTS

AVG PRICE # OF YTD SALES

AVG SALES RATE

% OF MPC↓

TOTAL REMAINING

1 D.H. Friedman Properties LLC 1 $400,000 - - 120 27.6%

2 Wonderland Homes 5 $480,253 17 0.72 108 24.9%

3 Thrive Home Builders 5 $590,992 87 1.92 94 21.7%

4 Infinity Home Collection 6 $785,733 66 1.58 28 6.5%

5 Lennar 1 $590,603 3 2.55 24 5.5%

6 David Weekley Homes 3 $518,142 41 1.35 23 5.3%

7 Parkwood Homes 2 $529,950 6 0.59 21 4.8%

8 CreekStone Homes 2 $441,988 16 1.03 9 2.1%

9 Boulder Creek Neighborhoods 1 $489,667 7 0.99 6 1.4%

10 KB Home 1 $590,648 41 3.90 1 0.2%

27 $541,797 284 1.63 434 100.0%Totals & Averages:

ACTIVE & UPCOMING PROJECT LIST As of Nov. 5 2019

KEY PROJECT NAME BUILDER LOT SIZE/TYPE

PLANNED / SOLD / REMAINING

SALES RATE↓

AVG PRICE

AVG SIZE

Elements Rowhomes/Beeler… Thrive Home Builders Attached 82 / 80 / 2 6.56 1,272 $229,400

Stapleton/Wildflower (Nort… KB Home Attached 59 / 58 / 1 3.90 1,656 $477,995

Vive at Stapleton/North End Infinity Home Coll… 4,950 42 / 39 / 3 3.71 3,134 $784,900

Stapleton/Generations (Nor… Lennar 4,950 41 / 17 / 24 2.55 3,026 $727,233

Alto at Stapleton/North End Infinity Home Coll… 3,240 32 / 20 / 12 1.78 2,454 $654,900

Stapleton/Vita (North End) Thrive Home Builders 2,345 40 / 19 / 21 1.75 2,055 $583,500

Stapleton/North End Cottage David Weekley Ho… 3,150 24 / 17 / 7 1.51 1,791 $544,990

Stapleton Row Homes David Weekley Ho… Attached 23 / 19 / 4 1.30 2,152 $551,780

Vive at Stapleton/Beeler Park Infinity Home Coll… 4,950 45 / 43 / 2 1.30 3,134 $799,900

Stapleton/North End Paired David Weekley Ho… Attached 26 / 14 / 12 1.24 1,561 $457,657


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PLANNED / SOLD / REMAINING

SALES RATE↓

AVG PRICE

AVG SIZE

Stapleton/North End CreekStone Homes Attached 18 / 14 / 4 1.23 1,363 $446,988

Luxe at Stapleton/North End Infinity Home Coll… 6,500 19 / 12 / 7 1.14 3,923 $924,900

Stapleton/Patio (Bluff) Boulder Creek Neig… 4,500 43 / 37 / 6 0.99 1,570 $600,000

Alto at Stapleton/Beeler Park Infinity Home Coll… 3,240 34 / 32 / 2 0.96 2,454 $639,900

Stapleton/North End/Promi… Wonderland Homes 4,050 23 / 8 / 15 0.91 1,781 $507,150

Stapleton/Bluff Lake CreekStone Homes Attached 16 / 11 / 5 0.82 1,363 $436,988

Painted Ladies at Stapleton/… Parkwood Homes - 28 / 14 / 14 0.71 2,263 $546,900

Stapleton/Z.E.N. 2.0 (North) Thrive Home Builders 4,700 31 / 7 / 24 0.69 2,298 $660,567

Stapleton/Intersection Row… Wonderland Homes Attached 24 / 6 / 18 0.67 1,633 $432,400

Luxe at Stapleton/Beeler Park Infinity Home Coll… 6,500 21 / 19 / 2 0.61 3,923 $909,900

Stapleton/North End/Freedom Wonderland Homes Attached 22 / 5 / 17 0.58 1,906 $469,900

Beacon Hill at Stapleton/N… Parkwood Homes Attached 14 / 7 / 7 0.46 2,616 $513,000

Stapleton/Panacea (Beeler) Thrive Home Builders 7,200 14 / 12 / 2 0.44 3,336 $1,052,500

Stapleton/North End Rows Thrive Home Builders Attached 47 / 2 / 45 0.14 1,388 $414,233

Stapleton/North End/Portrait Wonderland Homes - 34 / - / 34 - - -

Central Park Station D.H. Friedman Pro… Attached 120 / - / 120 - - $400,000

Stapleton/North End/Prospect Wonderland Homes Attached 24 / - / 24 - - -

Totals & Averages: 1.50 2,252 $590,703

SOLD OUT PROJECT LIST As of Nov. 5 2019


SOLD SALES RATE

AVG SIZE

AVG PRICE SOLD OUT DATE↓

47th Avenue Row Homes at… Wonderland Homes Attached 38 1.24 1,492 $448,590 08/11/19

Stapleton Beeler Park Lennar Attached 19 0.80 1,794 $453,972 05/01/19

Solaris III Thrive Home Builders 4,050 49 1.64 1,920 $520,233 04/25/19

Stapleton/Vita Thrive Home Builders 3,150 43 1.30 2,055 $589,100 04/24/19


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SOLD SALES RATE

AVG SIZE


Freedom at Stapleton (Beeler) Wonderland Homes Attached 32 1.73 1,926 $502,976 04/18/19

Stapleton/Patio (Beeler) Boulder Creek Neig… 4,050 29 1.15 1,513 $526,750 03/31/19

Stapleton/Starlight (North End) KB Home 6,300 21 2.14 2,601 $703,300 03/16/19

Stapleton/Z.E.N. 2.0 (Beeler) Thrive Home Builders 4,700 41 1.52 2,398 $678,400 02/21/19

Stapleton/wee-Cottages (Beeler) Boulder Creek Neig… 2,385 36 2.95 1,024 $342,250 02/12/19

Prominence at Stapleton (Bee… Wonderland Homes 3,600 44 1.72 1,839 $520,500 02/07/19

Painted Ladies at Stapleton/B… Parkwood Homes Attached 9 1.26 2,263 $541,967 11/01/18

Stapleton/Elements Rowhomes Thrive Home Builders Attached 145 4.94 1,301 $229,400 10/01/18

Portrait at Stapleton (Beeler) Wonderland Homes 6,000 45 2.10 1,620 $482,471 08/07/18

Prospect at Stapleton (Beeler) Wonderland Homes Attached 30 1.81 1,573 $424,650 06/24/18

Bluff Lake Rows Thrive Home Builders Attached 54 3.57 1,308 $354,300 06/16/18

Stapleton Beeler Park/Paired David Weekley Homes Attached 30 1.82 1,561 $443,990 05/31/18

Stapleton/Beeler CreekStone Homes Attached 30 2.57 1,367 $407,025 05/19/18

Expressions II at Stapleton (B… Wonderland Homes 3,240 41 2.82 1,756 $451,393 05/01/18

Stapleton/Villa (Bluff Lake) KB Home Attached 74 3.44 1,369 $379,662 05/01/18

Stapleton/Paired Villas (Beeler) KB Home Attached 56 2.78 1,460 $402,328 05/01/18

Stapleton/Starlight (Beeler) KB Home 6,300 20 3.25 2,601 $703,300 05/01/18

Stapleton Beeler Park Cottag… David Weekley Homes 3,150 26 1.81 1,787 $512,790 04/07/18

Lane & Shenandoah at Staplet… Parkwood Homes 6,500 47 2.59 2,499 $651,964 03/31/18

Stapleton/Wildflower KB Home 6,322 56 3.09 1,706 $478,495 03/01/18

Stapleton Bluff Lake/Aurora David Weekley Homes 3,150 44 2.88 1,797 $516,547 02/15/18

Beacon Hill at Stapleton/Beel… Parkwood Homes Attached 31 2.03 2,497 $565,583 12/13/17

Conservatory Green Rows at… Thrive Home Builders Attached 174 2.97 1,388 $360,950 11/16/17

Stapleton Generations (Beeler) Lennar 5,040 19 1.82 2,936 $651,900 09/25/17


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SOLD SALES RATE

AVG SIZE


Vue at Stapleton Infinity Home Colle… 5,200 59 1.58 2,787 $704,900 06/28/17

Haus at Stapleton Infinity Home Colle… 6,800 97 2.09 3,235 $793,233 03/26/17

Stapleton/Paired Homes Villas KB Home Attached 105 4.14 1,369 $411,663 02/12/17

Terrace Homes at Stapleton (… Wonderland Homes Attached 19 1.53 2,156 $455,650 02/08/17

Beacon Hill at Stapleton/Wic… Parkwood Homes Attached 18 1.04 2,602 $554,500 02/04/17

Heritage at Stapleton Wonderland Homes 4,000 104 2.34 1,603 $382,471 11/30/16

Stapleton Bloom Collection CalAtlantic 5,000 80 1.14 2,312 $532,745 11/13/16

Stapleton KB Home 4,000 60 1.48 1,676 $396,495 08/31/16

Stapleton/Willow Park & Wi… Lennar 4,500 28 2.02 2,938 $698,650 08/28/16

Stapleton Willow Park East… David Weekley Homes 4,000 59 2.92 1,802 $525,823 08/01/16

Stapleton South End Row Ho… David Weekley Homes Attached 28 4.53 2,292 $482,195 07/01/16

Conservatory Green/Z.E.N. Thrive Home Builders 4,000 35 1.47 2,030 $492,733 06/30/16

Stapleton Willow Park East… David Weekley Homes Attached 36 1.91 1,561 $457,657 06/18/16

Stapleton Boulder Creek Neig… 3,500 37 2.79 2,382 $500,000 04/09/16

Terrace Homes at Stapleton (… Wonderland Homes Attached 54 1.77 2,156 $438,900 03/31/16

Stapleton/Z.E.N. (Wicker) Thrive Home Builders - 17 - - - 03/26/16

Expressions at Stapleton (Old… Wonderland Homes 4,022 120 4.10 1,666 $394,900 12/31/15

Edge II at Stapleton (Old Ph… Wonderland Homes Attached 40 3.28 1,808 $388,900 11/03/15

Spruce Townhomes Northeast Denver H… Attached 83 - - $194,000 10/16/15

Beacon Hill at Stapleton/Con… Parkwood Homes Attached 31 1.93 - $531,400 07/31/15

Stapleton Bluff Lake David Weekley Homes 3,100 25 1.63 - $485,615 05/08/15

Shenandoah at Stapleton/Con… Parkwood Homes 6,500 47 4.45 - $622,900 04/15/15

Stapleton Conservatory Gree… David Weekley Homes 3,150 56 2.31 - $469,990 03/31/15

Tallgrass Collection at Conser… KB Home - 135 6.08 - $341,995 02/28/15


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SOLD SALES RATE

AVG SIZE


Stapleton/Patio (Conservatory) Boulder Creek Neig… 4,500 33 1.63 - $535,000 01/31/15

Stapleton Conservatory Gree… David Weekley Homes Attached 30 1.95 - $395,000 01/25/15

Vue at Conservatory Green Infinity Home Colle… 5,100 56 2.79 - $632,400 12/26/14

Solaris II Collection at Conse… Thrive Home Builders 3,484 43 1.85 2,061 $466,150 12/01/14

Haus at Conservatory Green Infinity Home Colle… 6,800 43 1.94 - $737,400 10/24/14

Stapleton/Paired KB Home 2,560 58 4.32 - $301,495 09/09/14

Stapleton CalAtlantic Attached 11 1.31 - $496,995 07/31/14

Villa Collection KB Home 2,000 60 3.06 - $348,495 06/15/14

Conservatory Green David Weekley Homes 4,000 42 1.80 - $318,990 -

Stapleton Century Communiti… Attached 49 3.07 - $285,470 -

Conservatory Green/Central… Thrive Home Builders Attached - - - $299,900 -

Elements Rowhomes/Northfi… Thrive Home Builders Attached 30 3.07 1,388 $411,233 -

Stapleton, Nov. 06, 2019 Sales

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MONTHLY SALES HISTORY

Sep. 2019

0↓Last 3 Months

34↓Last 6 Months

126↓

May 201

9

60

120

30

90

Mar. 201

9

Jan. 201

9

Nov. 201

8

Sep. 201

8

July 20

18

May 201

8

Mar. 201

8

Jan. 201

8

Nov. 201

7

Sep. 201

9

Sep. 201

7

July 20

19

Detached Attached

AVERAGE PROJECT SALES RATE

Sep. 2019

1.7↓Last 3 Months

1.3↓Last 6 Months

1.4↓

May 201

9

4.0

1.0

5.0

2.03.0

Mar. 201

9

Jan. 201

9

Nov. 201

8

Sep. 201

8

July 20

18

May 201

8

Mar. 201

8

Jan. 201

8

Nov. 201

7

Sep. 201

9

Sep. 201

7

July 20

19

Detached Attached

AVERAGE PRICE HISTORY

Sep. 2019 Average Detached

$714,467Sep. 2019 Average Attached

$436,254

Sep. 201

9

$540K$450K$360K

$810K$720K$630K

May 201

8

May 201

9

Jan. 201

8

Jan. 201

9

Sep. 201

7

Sep. 201

8

Detached Attached

Stapleton, Nov. 06, 2019 Prices

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NEW HOME SEGMENTATION

PROJECT SEGMENTS BY PRICE Detached Attached

$216K

$372K

$410K

$429K

$439K

$451K

$453K

$478K

$485K

$493K

$500K

$531K

$542K

$600K

$631K

$640K

$655K

$714K

$785K

$800K

$243K

$455K

$455K

$447K

$457K

$462K

$495K

$478K

$529K

$600K

$565K

$554K

$625K

$600K

$696K

$640K

$655K

$744K

$785K

$800K

$1M$0 $200K $800K$400K $600KPROJECT BUILDER

Elements Rowhomes/Beeler… Thrive Home Builders

Stapleton/North End Rows Thrive Home Builders

Stapleton/Intersection Row (… Wonderland Homes

Stapleton/Bluff Lake CreekStone Homes

Stapleton/North End CreekStone Homes

Stapleton/North End Paired David Weekley Homes

Stapleton/North End/Freedom Wonderland Homes

Stapleton/Wildflower (North… KB Home

Stapleton/North End/Promin… Wonderland Homes

Beacon Hill at Stapleton/Nor… Parkwood Homes

Stapleton Row Homes David Weekley Homes

Stapleton/North End Cottage David Weekley Homes

Stapleton/Vita (North End) Thrive Home Builders

Painted Ladies at Stapleton/N… Parkwood Homes

Stapleton/Patio (Bluff) Boulder Creek Neighborho…

Stapleton/Z.E.N. 2.0 (North) Thrive Home Builders

Alto at Stapleton/Beeler Park Infinity Home Collection

Alto at Stapleton/North End Infinity Home Collection

Stapleton/Generations (North… Lennar

Vive at Stapleton/North End Infinity Home Collection

Vive at Stapleton/Beeler Park Infinity Home Collection


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PROJECT SEGMENTS BY UNIT SIZE (Sq ft) Detached Attached

1,166

1,213

1,273

1,273

1,432

1,482

1,492

1,570

1,656

1,691

1,710

1,798

2,059

2,098

2,410

2,524

2,928

3,105

3,105

1,646

1,330

1,493

1,493

2,004

1,617

1,774

1,570

1,656

2,058

1,864

2,292

2,292

2,541

2,498

2,728

3,171

3,163

3,163

3,0002,400 3,6001,200600 1,800PROJECT BUILDER

Stapleton/North End Rows Thrive Home Builders

Elements Rowhomes/Beeler… Thrive Home Builders

Stapleton/Bluff Lake CreekStone Homes

Stapleton/North End CreekStone Homes

Stapleton/North End/Promin… Wonderland Homes

Stapleton/North End Paired David Weekley Homes

Stapleton/Intersection Row (… Wonderland Homes

Stapleton/Patio (Bluff) Boulder Creek Neighborho…

Stapleton/Wildflower (North… KB Home

Stapleton/North End/Freedom Wonderland Homes

Stapleton/North End Cottage David Weekley Homes

Stapleton/Vita (North End) Thrive Home Builders

Stapleton Row Homes David Weekley Homes

Stapleton/Z.E.N. 2.0 (North) Thrive Home Builders

Painted Ladies at Stapleton/N… Parkwood Homes

Alto at Stapleton/Beeler Park Infinity Home Collection

Alto at Stapleton/North End Infinity Home Collection

Beacon Hill at Stapleton/Nor… Parkwood Homes

Stapleton/Generations (North… Lennar

Vive at Stapleton/Beeler Park Infinity Home Collection

Vive at Stapleton/North End Infinity Home Collection


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PLANS BY PRICE

5 41 18 4 2

$800K-$1.0M<$400K $600K-$800K$400K-$600K $1.0M-$1.2M

PLANS BY UNIT SIZE Sq ft

17 18 16 8 7

3,000-3,5001,500-2,000 2,000-2,500 2,500-3,0001,000-1,500

Stapleton, Nov. 06, 2019 Supply

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QUICK MOVE-INS

MPC Quick Move-Ins

42MPC Active Units Remaining

290Quick Move-Ins % Share of MPC

9.68%

Oct. 201

9

60

40

20

July 20

18

July 20

19

Mar. 201

8

Mar. 201

9

Nov. 201

7

Nov. 201

8

QMI BY BUILDER Ranked by Total QMI Units

NO. BUILDER AVG. UNIT SIZE

AVG. PRICE

PRICE SQ FT

# OF QMI UNITS↓

% OF MPC TOTAL QMI

% CHANGE MOM

1 Wonderland Homes 1,592 $499,876 $292 13 0% 31.0%

2 David Weekley Homes 2,227 $560,903 $255 11 0% 26.2%

3 Thrive Home Builders 1,980 $517,875 $270 9 -18% 21.4%

4 Lennar 2,965 $745,873 $250 4 0% 9.5%

5 KB Home 1,299 $468,666 $360 3 0% 7.1%

6 Parkwood Homes 2,601 $663,495 $255 2 0% 4.8%

1,999 $548,707 $276 42 -5% 100%Totals & Averages:

Stapleton, Nov. 06, 2019 Community

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MASTER PLAN IMAGE GALLERY

Stapleton/Panacea (Beeler)by Thrive Home Builders




Stapleton Willow Park East Cottagesby David Weekley Homes

Portrait at Stapleton (Beeler)by Wonderland Homes

Stapleton/Willow Park & Wicker Parkby Lennar

Prominence at Stapleton (Beeler)by Wonderland Homes

Stapleton/Z.E.N. 2.0 (Beeler)by Thrive Home Builders

Stapleton/Vitaby Thrive Home Builders

Stapleton Willow Park East Cottagesby David Weekley Homes

Portrait at Stapleton (Beeler)by Wonderland Homes


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AMENITIES

Community Gardens

Dog Park

Mixed-Use

Open Space

Parks

Playground

Pool(s)

Recreation Center

Restaurant(s)

Retail

Schools

Splash Pads

Trails

NEARBY SCHOOLS Middle High Mixed

KEY SCHOOL NAME DISTRICT GREATSCHOOLS RATING

LEVEL TYPEGRADES↑

Westerly Creek Elementary School Denver County 1 S.D. Mixed Public 9/10PK-5

Swigert International School Denver County 1 S.D. Mixed Public 8/10PK-5

High Tech Elementary School Denver County 1 S.D. Mixed Public 6/10PK-5

Isabella Bird Community School Denver County 1 S.D. Mixed Public 5/10PK-5

William (Bill) Roberts K-8 School Denver County 1 S.D. Mixed Public 8/10PK-8

McAuliffe International Denver County 1 S.D. Middle Public 9/106-8

DSST: Conservatory Green Middle S… Denver County 1 S.D. Middle Charter 7/106-8

Northfield High School Denver County 1 S.D. High Public 4/109-11

Denver School of Science and Techn… Denver County 1 S.D. High Charter 8/109-12


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DEFINITIONS AND METHODOLOGY

All information presented involved the assembly of data sources that we consider to be reliable, including Meyers Reasearch and Zonda. We do not guarantee any data accuracy as all information is subject to human erros, omissions and/ or changes.

AbbreviationsAVG - AverageC - CurrentCM - Current MonthE - EstimatedF - ForecastLTM - Last 12 Months

MOM -Month Over MonthP - PartialYTD - Year To DateYOY - Year Over Year

ABOUT US

Meyers Research combines experienced real estate and technology advisors with leading data to provide our clients with a clear perspective and a strategic path forward. Based in Beverly Hills, we are home to 150 experts in 10 offices across the country.

Get More Out Of ZondaSubscribe to the app to track market trends daily.

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Contact [email protected](858) 381-4390

Includes the total estimated number of units remaining within the Master Plan, which may be controlled by either a builder or the developer.

Total Master Plan Unit Summary: Remaining -

Available inventory at the end of each month captured from builders advertising through New Home Source or BHI.Quick Move-In (QMI) -

are based on sales contracts at projects that are actively selling and projects that sold out within the last 12 months. It is inclusive only of production housing where there are 5 or more units planned within a project and does not include custom homes or lot sales.

LTM Sales

includes projects that sold out since Zonda began tracking that project; may not include projects that sold out prior to 2015. Sold Out Project List

Master Plan data is aggregated from Zonda's proprietary project data, which contains sales and pricing data as reported by builders.

Future projects that are being actively marketed by a builder.Upcoming Projects -

is the average per project sales rate across projects that are actively selling and projects that sold out within the last 12 months. It is inclusive only of production housing where there are 5 or more units planned within a project and does not include custom homes or lot sales.

LTM Sales Rate

measures schools on proficiency, using performance (the percentage of students scoring at or above proficiency) on state assessments across grades and subjects, compared to other schools in the state, to produce a 1-10 rating for each school.

GreatSchools Rating

An amenitized community with 1,000 or more units.Master Plan -


15

DEFINITIONS AND METHODOLOGY (CONTINUED)

indicates the calculated average monthly sales rare when comparing total sales from its open dare to the last survey date (or the last sold out date, if the project is sold out).

Overall Sales Rate

represents a calculated average monthly sales rate for the last three completed months. Sales from the most recently surveyed month represent a partial count and are excluded from this calculation.

3 Month Sales Rate

represents a calculated average monthly sales rate for the last six completed months. Sales from the most recently surveyed month represent a partial count and are excluded from this calculation.

6 Month Sales Rate

are based on a survey of a project's current lowest available list price for each floorplan. Floorplan price updates are updated through multiple channels including updates through a collaboration with BDX, monthly telephone surveys, or a review of MLS listings or builder websites.

New Home Price Prices

Documents

MASTER PLAN REPORT Stapleton · 2019-11-13 · Stapleton Willow Park East… David Weekley Homes 4,000 59 2.92 1,802 $525,823 08/01/16 Stapleton South End Row Ho… David Weekley