LGI Homes Expands Presence in Winston-Salem with Five New Communities in 2025
LGI Homes (NASDAQ: LGIH) announces expansion in Winston-Salem, NC with five new communities. Three communities are already open: Applewood (126 homesites, prices from $290s), Petticoat Junction (12 homesites, from $310s), and Sycamore Court (9 homesites, from $330s). Two additional communities, Robindale and Cider Hill, will launch later in 2025.
The communities offer one- and two-story homes ranging from 1,172 to 2,112 square feet, featuring 3-4 bedrooms and 2-2.5 bathrooms. Locations are strategically positioned around Winston-Salem, providing easy access to downtown, outdoor recreation, and major employers.
LGI Homes (NASDAQ: LGIH) annuncia l'espansione a Winston-Salem, NC, con cinque nuove comunità. Tre comunità sono già aperte: Applewood (126 lotti, prezzi a partire da $290.000), Petticoat Junction (12 lotti, da $310.000) e Sycamore Court (9 lotti, da $330.000). Altre due comunità, Robindale e Cider Hill, saranno lanciate più avanti nel 2025.
Le comunità offrono case a uno o due piani, con metrature da 1.172 a 2.112 piedi quadrati, con 3-4 camere da letto e 2-2,5 bagni. Le location sono strategicamente posizionate intorno a Winston-Salem, garantendo facile accesso al centro città, alle attività all'aperto e ai principali datori di lavoro.
LGI Homes (NASDAQ: LGIH) anuncia una expansión en Winston-Salem, NC, con cinco nuevas comunidades. Tres comunidades ya están abiertas: Applewood (126 lotes, precios desde los $290,000), Petticoat Junction (12 lotes, desde $310,000) y Sycamore Court (9 lotes, desde $330,000). Dos comunidades adicionales, Robindale y Cider Hill, se lanzarán más adelante en 2025.
Las comunidades ofrecen casas de uno y dos pisos con tamaños que van desde 1,172 a 2,112 pies cuadrados, con 3-4 dormitorios y 2-2.5 baños. Las ubicaciones están estratégicamente situadas alrededor de Winston-Salem, proporcionando fácil acceso al centro, actividades al aire libre y los principales empleadores.
LGI Homes (NASDAQ: LGIH)가 노스캐롤라이나주 윈스턴세일럼에서 다섯 개의 신규 커뮤니티 확장을 발표했습니다. 세 개의 커뮤니티는 이미 오픈했으며: Applewood (126개 주택 부지, 가격 $290,000대부터), Petticoat Junction (12개 부지, $310,000대부터), Sycamore Court (9개 부지, $330,000대부터)입니다. 추가로 Robindale과 Cider Hill 두 커뮤니티가 2025년 후반에 출시될 예정입니다.
이 커뮤니티들은 1층 및 2층 주택을 제공하며, 크기는 1,172에서 2,112 평방피트 사이로 3~4개의 침실과 2~2.5개의 욕실을 갖추고 있습니다. 위치는 윈스턴세일럼 전역에 전략적으로 배치되어 도심, 야외 활동, 주요 고용주 접근이 용이합니다.
LGI Homes (NASDAQ : LGIH) annonce son expansion à Winston-Salem, NC, avec cinq nouvelles communautés. Trois communautés sont déjà ouvertes : Applewood (126 terrains, prix à partir de 290 000 $), Petticoat Junction (12 terrains, à partir de 310 000 $) et Sycamore Court (9 terrains, à partir de 330 000 $). Deux autres communautés, Robindale et Cider Hill, seront lancées plus tard en 2025.
Les communautés proposent des maisons de un ou deux étages, allant de 1 172 à 2 112 pieds carrés, avec 3 à 4 chambres et 2 à 2,5 salles de bain. Les emplacements sont stratégiquement situés autour de Winston-Salem, offrant un accès facile au centre-ville, aux activités de plein air et aux principaux employeurs.
LGI Homes (NASDAQ: LGIH) kündigt eine Erweiterung in Winston-Salem, NC, mit fünf neuen Wohnanlagen an. Drei Anlagen sind bereits geöffnet: Applewood (126 Grundstücke, Preise ab ca. 290.000 $), Petticoat Junction (12 Grundstücke, ab ca. 310.000 $) und Sycamore Court (9 Grundstücke, ab ca. 330.000 $). Zwei weitere Anlagen, Robindale und Cider Hill, werden später im Jahr 2025 gestartet.
Die Wohnanlagen bieten ein- und zweistöckige Häuser mit einer Größe von 1.172 bis 2.112 Quadratfuß, mit 3-4 Schlafzimmern und 2-2,5 Bädern. Die Standorte sind strategisch rund um Winston-Salem positioniert und bieten einfachen Zugang zur Innenstadt, zu Freizeitmöglichkeiten im Freien und zu wichtigen Arbeitgebern.
- Geographic expansion with 5 new communities in a growing market
- Strategic locations near downtown, employment centers, and recreational areas
- Varied price points from $290s to $330s targeting different market segments
- Diverse product offering with homes ranging from 1,172 to 2,112 square feet
- Limited inventory with only 12 homesites in Petticoat Junction and 9 in Sycamore Court
- Higher entry prices compared to previous years due to market conditions
Insights
LGI Homes expands in Winston-Salem with five new communities targeting affordable housing segment, demonstrating strategic growth in a strong regional market.
LGI Homes is executing a targeted geographic expansion strategy in the Winston-Salem market with five distinct communities positioned across different areas of the city. This move demonstrates the company's calculated approach to diversifying its footprint within a single metropolitan area - with properties strategically placed northwest, south, southwest, east, and southwest of downtown.
The pricing structure reveals a clear segmentation strategy. With entry points ranging from the
The development scale varies significantly between communities - Applewood will include 126 homesites, while Petticoat Junction and Sycamore Court are much smaller with only 12 and 9 homesites respectively. This balanced approach of mixing larger developments with smaller, boutique communities allows LGI to test market demand with minimal capital risk while establishing presence across multiple submarkets.
Winston-Salem represents an attractive expansion market with its combination of urban amenities, job growth, and relatively affordable cost of living compared to larger Southeastern metros. By establishing multiple communities simultaneously, LGI creates economies of scale in marketing, construction resources, and management overhead while offering varied price points to capture different buyer segments.
WINSTON-SALEM, N.C., May 21, 2025 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) is excited to announce its continued growth in the Triad region with the addition of five communities near Winston-Salem, North Carolina. This expansion includes the recent openings of Applewood, Petticoat Junction, and Sycamore Court, along with two upcoming communities: Cider Hill and Robindale.
Located in King, northwest of downtown Winston-Salem, Applewood offers small-town charm with easy access to outdoor recreation. The community is ideally positioned off US-52, just minutes from the scenic beauty of Pilot Mountain State Park. At full build-out, Applewood will include 126 homesites. Buyers can choose from one- and two-story floor plans ranging from 1,172 to 2,112 square feet with three to four bedrooms and two to two-and-a-half bathrooms. Homes at Applewood are priced from the
Directly south of downtown, Petticoat Junction offers affordable homeownership close to the city’s core. Petticoat Junction is conveniently located just four miles from the downtown area making job centers, restaurants, and shopping just minutes away. This intimate community features a limited release of only 12 homesites with one- and two-story floor plans ranging from 1,388 to 1,800 square feet. Homes include three to four bedrooms and two to two-and-a-half bathrooms, with prices starting from the
Sycamore Court, just southwest of downtown, features upgraded homes in a quiet, suburban setting near schools, parks, and major employers. Homebuyers can choose from one- and two-story floor plans with three to four bedrooms and two to two-and-a-half bathrooms, ranging from 1,548 to 1,800 square feet. With prices starting in the
Later this year, LGI Homes will debut two more communities in the Winston-Salem area: Robindale, located in the city’s east side, and Cider Hill, in the growing southwest corridor. Both communities will feature exceptional value, including spacious floor plans, modern upgrades at no extra cost, and LGI’s simplified, customer-focused homebuying experience - perfect for families and first-time buyers.
Winston-Salem continues to attract homebuyers seeking a family-friendly lifestyle in a city full of opportunity and adventure. With a vibrant downtown, a growing job market, and a welcoming community, residents enjoy a high quality of life. From historic museums to beautiful parks and trails, Winston-Salem offers the perfect place for all interests.
“Our expansion in Winston-Salem reflects our strong commitment to providing affordable, high-quality homes in desirable locations. We are excited to offer more homebuyers the opportunity to enjoy the exceptional value, streamlined buying process, and outstanding customer service that LGI Homes is known for across the country. With these new communities, we look forward to welcoming even more families to the LGI Homes family and contributing to the vibrant growth of the Winston-Salem area," stated Scott Sterling, Division President at LGI Homes.
To learn more or schedule a tour, interested buyers are encouraged to call:
- Applewood – (888) 414-7557 ext. 375
- Petticoat Junction or Sycamore Court – (866) 738-4702 ext. 375
About LGI Homes
Headquartered in The Woodlands, Texas, LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes across 36 markets in 21 states. As one of America’s fastest growing companies, LGI Homes has closed over 75,000 homes since its founding in 2003 and has delivered profitable financial results every year. Nationally recognized for its quality construction and exceptional customer service, LGI Homes was named to Newsweek’s list of the World’s Most Trustworthy Companies. LGI Homes’ commitment to excellence extends to its more than 1,000 employees, earning the Company numerous workplace awards at the local, state, and national level, including the Top Workplaces USA 2025 Award. For more information about LGI Homes and its unique operating model focused on making the dream of homeownership a reality for families across the nation, please visit the Company’s website at www.lgihomes.com.
MEDIA CONTACT:
Rachel Eaton
(281) 362-8998 ext. 2560
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ecdbc2ad-62b6-4f52-a5c6-497b8ff1f777
FAQ
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