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LGI Homes Expands the Terrata Homes Brand in the Austin Market with the Opening of a New Section at Whisper Valley

LGI Homes (NASDAQ: LGIH) has announced the launch of Terrata Homes at Whisper Valley, a master-planned community in Manor, TX.

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Rhea-AI Summary

LGI Homes (NASDAQ: LGIH) has announced the launch of Terrata Homes at Whisper Valley, a master-planned community in Manor, TX. This new section offers spacious, upgraded homes with three to five bedrooms, modern amenities, and open-concept designs. Prices for these homes start in the high $400,000s, with move-in ready options available. Whisper Valley spans 2,067 acres and features parks, trails, and 700 acres of green spaces, promoting sustainability and an active lifestyle. Future developments include local services such as schools and retail areas, enhancing the community's appeal.

LGI Homes continues to thrive in the homebuilding sector, having closed over 64,000 homes since its inception in 2003, and remains focused on quality construction and excellent customer service.

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Positive

  • Launch of Terrata Homes at Whisper Valley indicates expansion and demand in the housing market.
  • New homes offering modern upgrades attract buyers looking for quality and spacious living.
  • Whisper Valley's commitment to sustainability may enhance brand reputation and buyer interest.

Negative

  • None.
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News Market Reaction – LGIH

The recorded move for LGIH in the trading session of this news was -0.16%.

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AUSTIN, Texas, April 20, 2023 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) announced Terrata Homes is now selling its newest section at the master planned community, Whisper Valley, in Manor, TX.

Terrata Homes at Whisper Valley offers spacious, upgraded homes to elevate your life in more ways than one. Ranging from three to five bedrooms, the Terrata Homes floor plan lineup offers space to fit your needs. With designer interiors and open-concept layouts, these new-construction homes provide the perfect backdrop for hosting friends for brunch or gathering family together during the holidays. Each new home comes outfitted with a host of modern upgrades including a full suite of stainless steel Whirlpool® appliances, sparkling granite countertops, oversized cabinetry, designer light fixtures, covered outdoor living spaces, and smart home capabilities.

Whisper Valley encompasses 2,067 acres of residential neighborhoods, along with beautiful parks, trails, streams, and meadows, making it feel like a world of its own. This remarkable community is committed to sustainability and promoting an overall healthy lifestyle. With 700 acres of green space, a dog park, nature trails, neighborhood organic gardens, and a resort-style pool, Whisper Valley is promoting energy-efficiency and improved living, while fostering an outdoor-centric mindset. The future plans of additional neighborhood services include school campuses, retail and office areas, and more, making Whisper Valley one of the most convenient places to live, work, and play!

New homes at Whisper Valley start in the high-$400s with move-in ready opportunities available. For additional information or to schedule a tour of this second-to-none community, interest homebuyers are encouraged to call (833) 873-4735 ext 527 or visit TerrataHomes.com/WhisperValley.

About LGI Homes, Inc.

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 35 markets in 20 states. As one of America’s fastest growing companies, LGI Homes has closed over 64,000 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 America’s Most Trustworthy Companies for the second consecutive year. 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 2023 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/1121bc06-b0f5-4372-8be9-e4cf88872503


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the starting price for homes at Whisper Valley?

Homes at Whisper Valley start in the high $400,000s.

What features do Terrata Homes include?

Terrata Homes include modern upgrades such as stainless steel appliances, granite countertops, and smart home capabilities.

Where is Whisper Valley located?

Whisper Valley is located in Manor, Texas.

What is the significance of this announcement for LGI Homes?

The announcement highlights LGI Homes' expansion in the market and its commitment to quality construction and customer satisfaction.

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