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, CA Homes Under $500K!

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            4 Communities

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            Verano by SummerHill Homes in San Jose California
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            Verano

            Community by SummerHill Homes

            1555 W. Middlefield Rd
            Mountain View, CA 94043

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            Ascent at Glen Loma Ranch by KB Home in San Jose California
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            Ascent at Glen Loma Ranch

            Community by KB Home

            Santa Teresa Blvd and W. 10th Street
            Gilroy, CA 95020

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            888-634-8184

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            Alina at Glen Loma Ranch by KB Home in San Jose California
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            Alina at Glen Loma Ranch

            Community by KB Home

            1495 Winzer Place
            Gilroy, CA 95020

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            888-927-0283

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            Asher at Glen Loma Ranch by KB Home in San Jose California
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            Asher at Glen Loma Ranch

            Community by KB Home

            1480 Hurka Way
            Gilroy, CA 95020

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            888-485-2755

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            New Home Cities in San Jose

            CityCommunitiesAverage New Home Price
            Mountain View6$1,217,416
            Santa Clara5$1,444,483
            Sunnyvale4$1,714,392
            Gilroy4$1,807,475
            San Jose3$208,152
            Los Gatos2$1,554,780
            Milpitas2$1,664,996
            Morgan Hill1$2,404,495

            New Homes in San Jose by Region

            RegionCommunitiesAverage New Home Price
            East San Jose 10$1,076,000
            North San Jose 22$1,156,000
            South San Jose 4$1,130,000
            West San Jose 7$1,384,000

            features many of the best home builder communities in California, but finding lower priced homes has become increasingly difficult. In the last few years, the cost of building a new home in has increased substantially. Despite the rising trend of housing prices, it’s still possible to design and build an affordable home in the area. In fact, there are 4 communities and 2 builders in with homes starting at under $500K.

            How to Find Homes in For Less Than $500K?

            Many builders recognize there is growing demand in the area for homes under the $500K price point and often have a few floor plans available, but these may be in limited supply. To ensure affordability without compromising on the quality of the home, builders may utilize value engineering techniques to reduce the cost of construction and keep the price of the home as low as possible. This may include building on a smaller lot or utilizing standard-sized materials, such as windows and doors, that provide high-value for the cost. The results are delivering similar quality at lower prices.