Thanks to your support, we've made Albany Business Review's top home builders list for 2018! We came in at #7, but like to say we are the #1 affordable home builder. The list is published every fall and is based on sales from the previous year.
Our average sales price was $131,000. The next lowest average price for a homebuilder? $360,000.
We are proud to make this list yet again. To us, being a top home builder is more than a distinction—it’s a reminder about how we must keep building, serving more families and create more opportunities in our community. We know that a safe and affordable home can remove barriers to opportunity, success and well-being that might have been part of family for years, if not generations.
But we do not build affordable homes. We make them affordable by providing a subsidy to homebuyers. It costs us roughly $240,000 to build a single Habitat home—that’s including the discounts, in-kind donations and volunteer labor. If we sell homes at market-value for their neighborhoods at around $131,000, that’s a $109,000 gap in funds. So, how do we make it work? You. Your generosity and community support is needed to fill that gap, so we can keep building homes.
Are you surprised? Share with friends and family and ask them what they think!