Riverview, Fla. (April 15, 2019) – The pace of home sales in the Riverview area continues to accelerate, as buyers continue to look to the area for a sizable family home at a great value and a reasonable commute from Tampa.
As part of this continued surge of residential growth in South Hillsborough County, Lennar is building homes in three new communities in Riverview, in addition to the homebuilder’s 7 other communities currently under construction in the area. Homes in each of the three new communities will start in the mid-$200s.
The Riverview area is particularly popular among first-time homebuyers and Tampa Bay area residents, with a significant number of Tampa-based renters looking to purchase a home in a more suburban area. Buyers are also coming from out of the area, as many new area residents find that Riverview meets their needs for a new home.
According to MetroStudy, Riverview new home sales overall increased substantially in the December 2018-February 2019 timeframe compared to the same timeframe in December 2017-Feburary 2018.
With a 118% jump in new home sales, from 49 to 107 home closings, homebuyers have demonstrated strong continued demand for new construction homes in Riverview. Overall home sales, which also include resales, increased by 13% year-over-year. As sales have increased, overall home prices have stayed steady, rising a marginal 1% to $228,958 on average.
The three new Lennar communities offer an array of single-family floorplans and are part of Lennar’s Everything’s Included® program, where the homes come move-in ready with energy-efficient appliances, LED lighting and a large-capacity washer and dryer.
Currently open for sale, Rivercrest Lakes offers waterfront homes, a rare opportunity for the Riverview area. The gated community offers floorplans ranging from 1,744 to 3,773 square feet. As part of Lennar’s Legacy series, the available homes come with stainless steel GE® appliances and granite countertops.
Lennar’s other highly-anticipated Riverview communities are:
• Timbercreek—The homes are a part of Lennar’s American Dream Series, which is designed to be energy efficient and move-in ready with black appliances and LED lighting. The community will offer a variety of floorplan options and will open for sales in April.
• Ventana—The community homes also include energy efficient features, black appliances and LED lighting. It will open for sales in the spring.
“Riverview continues to be a great option for homebuyers looking for new-construction homes in a convenient and desirable area,” said Mark Metheny, Division President of Lennar Central Florida. “With a combination of great value, accessibility to Tampa, and plenty of things to do, Riverview is an excellent option for a home in the Tampa metro area.”
For more information on Lennar’s Riverview communities, visit LennarTampa.com or call
As one of the nation’s leading homebuilders since 1954, Lennar has extensive experience in maximizing the quality of everything it builds. Lennar’s commitment to Quality, Value and Integrity forms the underlying foundation upon which the company was built. Lennar, which operates in 21 states and over 49 markets across the nation, believes in simplifying the home buying experience by including thousands of dollars of extras in the home price, offering a great value and the latest in luxury, technology and efficiency. The entire home buying process is simplified at Lennar, with a family of companies to help with mortgage, title and insurance needs.