LGI Homes Opens in Master-Planned Denver-Area Community, Farmstead

LGI Homes (NASDAQ: LGIH) opened a new for-sale neighborhood, Farmstead, in Berthoud, Colorado, near Denver on March 10, 2026.

Rhea-AI Summary

LGI Homes (NASDAQ: LGIH) opened a new for-sale neighborhood, Farmstead, in Berthoud, Colorado, near Denver on March 10, 2026. The master-planned community includes eight floor plans (1,230–2,168 sq ft), homes starting at $469,900, and about $7 million in community amenities.

Farmstead features ADA-accessible Berthoud Adaptive Park, a pool with splash pad, trails connecting to the regional system, and CompleteHome™ standard upgrades. Interested buyers can call the community or visit LGIHomes.com/Farmstead for sales information.

Argus Mar 10 session

-2.54% close to close Open Argus

Details

News Market Reaction – LGIH

In the Mar 10 session, LGIH declined 2.54%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement underscores LGI Homes’ continued geographic expansion, adding the Farmstead commun...

Analysis

This announcement underscores LGI Homes’ continued geographic expansion, adding the Farmstead community near Denver with homes starting at $469,900 and about $7 million in planned amenities. It follows recent updates on monthly closings and 2025 results, including $1.7B in home sales revenue and 4,685 closings. Investors may watch how new projects like Farmstead support the company’s 2026 guidance of 4,600–5,400 closings and how activity in Colorado complements growth in other regions.

Key Figures

Community amenities spend: $7 million Commute time: 15 minutes Home size range: 1,230–2,168 sq ft +5 more

Community amenities spend

$7 million

Planned Farmstead community amenities budget

Commute time

15 minutes

Drive time from Berthoud to Loveland

Home size range

1,230–2,168 sq ft

Farmstead floor plans square footage range

Bedrooms range

3–5 bedrooms

Farmstead layouts bedroom count

Starting home price

$469,900

Entry price for homes at Farmstead

2025 home sales revenue

$1.7B

Full-year 2025 home sales revenue from earnings release

2025 homes closed

4,685 homes

Total homes closed in 2025 from earnings release

2026 closings guidance

4,600–5,400

Projected 2026 home closings range from earnings guidance

Historical Context

5 past events · Latest: Mar 04

5 events

1. Mar 04

   Monthly closings update

   24h Move

   -3.7%

   Reported 247 February closings and 140 active selling communities.

2. Feb 27

   Community opening

   24h Move

   -3.5%

   Announced Meadow Brook launch in Seattle area with homes starting in the $500s.

3. Feb 17

   Earnings and guidance

   24h Move

   -4.4%

   Reported lower 2025 revenue of $1.7B and cautious 2026 guidance metrics.

4. Feb 11

   Community opening

   24h Move

   -1.9%

   Opened Murieta Hills, first Terrata community in California with homes from the $800s.

5. Feb 04

   Monthly closings update

   24h Move

   -1.3%

   Reported 218 January closings and 140 active selling communities.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

master planned community, ada accessible

2 terms

master planned community technical

"its entrance into Farmstead, a brand-new, master planned community located"

A master planned community is a large, intentionally designed neighborhood that combines homes, roads, parks, shops, schools and services under a single long-term development plan and management structure. Investors pay attention because these communities behave like self-contained small towns—offering predictable rental or sales demand, phased construction that spreads risk, and value-enhancing amenities that can support steadier property prices and recurring fee income.

ada accessible regulatory

"This park is Berthoud’s first-ever fully ADA accessible park, providing"

A description that something is "ADA accessible" means it meets standards set to make places and services usable by people with disabilities, including features like ramps, clear signage, and website compatibility with screen readers. For investors, ADA accessibility matters because it reduces legal and regulatory risk, can expand the pool of customers or users, and signals management attention to compliance and reputation—similar to adding a ramp that lets more people enter a store.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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DENVER, March 10, 2026 (GLOBE NEWSWIRE) -- LGI Homes, Inc. (NASDAQ: LGIH) is excited to announce its entrance into Farmstead, a brand-new, master planned community located in the thriving town of Berthoud near Denver. Known as the “Garden Spot of Colorado,” Berthoud offers residents the charm of small-town living surrounded by breathtaking views, vibrant local parks and a welcoming community spirit. Ideally positioned just 15 minutes from Loveland and within easy reach of Fort Collins and Denver, Farmstead provides homeowners with convenient access to major employment centers, shopping, dining and recreation while maintaining the relaxed pace that makes Berthoud so desirable.

“Welcome to resort-style living west of I-25, where everyday life feels elevated,” said Kevin Wolf, Vice President of Sales for Colorado. “Farmstead is an incredible community that captures the heart of small-town living while showcasing stunning mountain views and thoughtfully designed amenities,” stated Wolf. “With quiet, family-friendly streets, highly rated schools, and a genuine sense of belonging, Farmstead offers the kind of environment where families can put down roots and truly thrive.”

In addition to its prime location, Farmstead will feature approximately $7 million worth of community amenities that promote family fun, including a community pool with a splash pad as well as an extensive network of walking paths. The community trail system connects to the Regional Trail System and Downtown Berthoud as well. Also located inside the community is Berthoud Adaptive Park, complete with open green space, playground equipment, a turf area, walking trails and a picnic area. This park is Berthoud’s first-ever fully ADA accessible park, providing inclusive outdoor recreation for residents of all abilities.

At Farmstead, LGI Homes will offer eight brand-new floor plans ranging from 1,230 to 2,168 square feet with a mix of three- to five-bedroom layouts across both one- and two-story designs. Homes will feature both front-load and alley-load garage options, allowing for a variety of streetscapes and home styles throughout the neighborhood. Select plans include desirable features such as covered porches and even a three-car garage, offering additional space and flexibility for growing families.

Each home will include LGI Homes’ signature CompleteHome™ package, delivering popular upgrades at no additional cost. This package features energy-efficient kitchen appliances, granite countertops and luxury vinyl plank flooring, along with modern conveniences like programmable thermostats, Wi-Fi-enabled garage door openers and energy-efficient double-pane Low-E vinyl windows. Homes at Farmstead will start at $469,900, providing exceptional value to homebuyers in the area.

Customers interested in purchasing a home at Farmstead are encouraged to call the community at (877) 478-6272 ext. 689 or visit LGIHomes.com/Farmstead.

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. LGI Homes has closed over 80,000 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/8e555176-e93b-473d-9917-d8da84c82359

FAQ

What homes and floor plans does LGIH (LGIH) offer at Farmstead in Berthoud, Colorado?

LGI Homes offers eight floor plans ranging from 1,230 to 2,168 sq ft with three- to five-bedroom layouts. According to the company, plans include one- and two-story designs, front- and alley-load garages, and select three-car garage and covered porch options.

How much do homes start for LGI Homes' Farmstead community (NASDAQ: LGIH) and what standard features are included?

Homes at Farmstead start at $469,900. According to the company, each residence includes the CompleteHome™ package with energy-efficient appliances, granite countertops, luxury vinyl plank flooring, programmable thermostats and Wi‑Fi garage door openers.

What community amenities and accessibility features does LGI Homes highlight for Farmstead (LGIH)?

Farmstead includes roughly $7 million in amenities, a community pool with splash pad, miles of walking trails and an ADA-accessible park. According to the company, the trail system links to the regional network and downtown Berthoud for recreation and connectivity.

Where is LGI Homes' Farmstead located and what nearby cities and commute options are noted (LGIH)?

Farmstead is in Berthoud, about 15 minutes from Loveland and within easy reach of Fort Collins and Denver. According to the company, the location offers access to regional employment centers, shopping, dining and recreational options while preserving small-town character.

How can prospective buyers contact LGI Homes about purchasing at Farmstead (NASDAQ: LGIH)?

Interested buyers can call (877) 478-6272 ext. 689 or visit LGIHomes.com/Farmstead for sales information and availability. According to the company, the community sales team can provide pricing, floorplan details and tour scheduling.