Century Complete Set to Launch New Homes in Memphis, IN

Rhea-AI Summary

Century Communities (NYSE: CCS) announced its Century Complete brand will launch Champions Run, its first community in Memphis, Indiana, located 20 miles north of Louisville. The development will feature 80 single-family homesites with prices starting from the $260s.

The homes will offer single- and two-story floor plans up to 2,180 square feet, with 3 to 5 bedrooms and 2 to 3 bathrooms. Standard features include granite countertops, Kohler® water fixtures, stainless-steel appliances, and luxury vinyl plank flooring. The community provides easy access to urban amenities and outdoor recreation, including the Fuzzy Zoeller-designed Covered Bridge Golf Course.

The company emphasizes its online homebuying platform, allowing customers to purchase homes 24/7 while working with their chosen real estate agent. Buyers can also access financing through Century Complete's affiliate lender, Inspire Home Loans®.

Positive

• Launch of new community with 80 homesites indicates market expansion
• Strategic location near Louisville provides access to major urban market
• Competitive pricing starting from $260s in growing market area
• Digital-first sales approach potentially reduces operational costs

Negative

• None.

Insights

Market Research Analyst

The launch of Champions Run in Memphis, Indiana, while representing geographic expansion, is not a material development that significantly impacts CCS's financial outlook or stock value. With only 80 homesites starting from the $260,000s, this community represents a small fraction of Century Communities' overall operations, which has a market cap of $2.2 billion.

The strategic location near Louisville and pricing strategy align with the company's focus on affordable housing markets, but the scale is insufficient to move the needle on earnings. While the online homebuying platform showcases technological innovation, this feature is already established across their operations and doesn't represent new capability.

For context, in a challenging housing market environment, single community launches of this size typically contribute less than 1% to a national builder's annual revenue. The modest scope and routine nature of this development make it a standard operational update rather than a material event for investors.

Champions Run will offer single-family homes from the national leader in online homebuying

MEMPHIS, Ind., Jan. 15, 2025 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS)— a top national homebuilder, industry leader in online home sales, and featured on America's Most Trustworthy Companies and World's Most Trustworthy Companies by Newsweek—announced that its Century Complete brand will open soon at Champions Run, the company's first community in Memphis, Indiana.

Located only 20 miles north of Louisville, the community provides easy access to a blend of big-city amenities and small-town charm. Outdoor recreation is also conveniently close by, including the Fuzzy Zoeller-designed Covered Bridge Golf Course—just minutes away. A versatile lineup of single- and two-story floor plans—boasting flexible open-concept layouts with desirable included features—are designed to make it easy for homebuyers to find their best fit.

Learn more and join the interest list at www.CenturyCommunities.com/ChampionsRun.

"We're very excited to open this new community in Memphis, providing buyers with more opportunity to find a quality and affordable new home in the greater Louisville area," said Dave Hodgman, Executive Vice President of Field Operations. "With thoughtfully designed floor plans and a beautiful setting, we anticipate Champions Run to sell quickly, so buyers should join our interest list to ensure they receive updates as homes become available."

More About Champions Run 
Coming soon from the $260s

• 80 single-family homesites
• Single- and two-story floor plans
• Up to 2,180 square feet
• 3 to 5 bedrooms, 2 to 3 bathrooms, 2-bay garages
• Standard features include granite countertops, Kohler^® water fixtures, stainless-steel appliances, and luxury vinyl plank flooring
• Inspired open-concept layouts with flex space, main-floor bedrooms, game rooms, and more per plan

Location:
104 Legend Court
Memphis, IN 47143
812.650.7225

VISIT OUR LOCAL SALES STUDIO

While our state-of-the-art online homebuying process allows you to buy on your terms—24 hours a day, 7 days a week, 365 days a year—we also offer in-person assistance from local experts at our sales studio.

361 Quartermaster Court
Jeffersonville, IN 47130
812.650.7225

DISCOVER THE FREEDOM OF ONLINE HOMEBUYING

Century Complete is proud to feature its industry-first online homebuying experience on all available homes in Indiana, allowing homebuyers to easily find their best fit and purchase when they're ready—all while continuing to work with their local real estate agent of choice. Homebuyers can further streamline the homebuying process by financing online with Century Complete's affiliate lender, Inspire Home Loans^®.

How it works:

1. Shop homes at CenturyCommunities.com
2. Click "Buy Now" on any available home
3. Fill out a quick Buy Online form
4. Electronically submit an initial earnest money deposit
5. Electronically sign a purchase contract via DocuSign^®

Learn more about the Buy Online experience at www.CenturyCommunities.com/online-homebuying.

About Century Communities

Century Communities, Inc. (NYSE: CCS) is one of the nation's largest homebuilders, an industry leader in online home sales, and the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies 2024—consecutively awarded for a second year—and Newsweek's list of the World's Most Trustworthy Companies 2024. Through its Century Communities and Century Complete brands, Century's mission is to build attractive, high-quality homes at affordable prices to provide its valued customers with A HOME FOR EVERY DREAM^®. Century is engaged in all aspects of homebuilding — including the acquisition, entitlement and development of land, along with the construction, innovative marketing and sale of quality homes designed to appeal to a wide range of homebuyers. The Company operates in 17 states and over 45 markets across the U.S., and also offers title, insurance and lending services in select markets through its Parkway Title, IHL Home Insurance Agency, and Inspire Home Loans subsidiaries. To learn more about Century Communities, please visit www.centurycommunities.com.

 

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SOURCE Century Communities, Inc.

FAQ

What is the starting price for homes at Champions Run by Century Communities (CCS)?

Homes at Champions Run by Century Communities start from the $260s.

How many homesites will be available at Century Communities' Champions Run development?

Champions Run will feature 80 single-family homesites.

What is the maximum square footage of homes in Champions Run by CCS?

The homes in Champions Run will offer up to 2,180 square feet of living space.

Where is Century Communities' new Champions Run development located?

Champions Run is located in Memphis, Indiana, 20 miles north of Louisville.

What are the standard features included in Champions Run homes by CCS?

Standard features include granite countertops, Kohler® water fixtures, stainless-steel appliances, and luxury vinyl plank flooring.

How can buyers purchase homes at Century Communities' Champions Run?

Buyers can purchase homes online through Century Complete's digital platform or visit the local sales studio in Jeffersonville, IN.