New Homes in Memphis, TN Under $400K :: 4 Communities

Memphis Homes Under $400K

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            4 Communities

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            Hidden Springs by Regency Homebuilders in Memphis Tennessee
            homes in Hidden Springs by Regency Homebuilders
            homes in Hidden Springs by Regency Homebuilders
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            Hidden Springs

            Community by Regency Homebuilders

            20 Chesnut Ridge Drive
            Oakland, TN 38060

            Regency Homebuilders

            888-644-2610

            from $249,900 - $303,900

            10 homes match your search

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            Stonecrest by Regency Homebuilders in Memphis Mississippi
            homes in Stonecrest by Regency Homebuilders
            homes in Stonecrest by Regency Homebuilders
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            Stonecrest

            Community by Regency Homebuilders

            5050 Stonecrest Drive
            Olive Branch, MS 38654

            Regency Homebuilders

            888-356-8668

            from $279,900 - $314,900

            8 homes match your search

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            Williams Ridge by Regency Homebuilders in Memphis Mississippi
            homes in Williams Ridge by Regency Homebuilders
            homes in Williams Ridge by Regency Homebuilders

            Williams Ridge

            Community by Regency Homebuilders

            5074 Kensley Court Drive
            Southaven, MS 38672

            Regency Homebuilders

            888-390-4214

            from $299,900 - $329,900

            5 homes match your search

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            Chickasaw Ridge by Regency Homebuilders in Memphis Tennessee
            homes in Chickasaw Ridge by Regency Homebuilders
            homes in Chickasaw Ridge by Regency Homebuilders
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            Chickasaw Ridge

            Community by Regency Homebuilders

            170 Choctaw Drive
            Oakland, TN 38060

            Regency Homebuilders

            888-266-5419

            from $252,900 - $304,900

            10 homes match your search

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            New Home Cities in Memphis

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            CityCommunitiesAverage New Home Price
            Lakeland3$467,307
            Collierville2$537,566
            Oakland2$267,757
            Southaven1$300,900
            Olive Branch1$283,455
            Arlington1$404,900
            Germantown1$763,084

            New Homes in Memphis by Region

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            RegionCommunitiesAverage New Home Price
            East Memphis 16$224,000
            Memphis Downtown 15$245,000
            North Memphis 1$320,000

            Memphis features many of the best home builder communities in Tennessee, but finding lower priced homes has become increasingly difficult. In the last few years, the cost of building a new home in Memphis has increased substantially. Despite the rising trend of housing prices, it’s still possible to design and build an affordable home in the Memphis area. In fact, there are 4 communities and 1 builders in Memphis with homes starting at under $400K.

            How to Find Homes in Memphis For Less Than $400K?

            Many builders recognize there is growing demand in the Memphis area for homes under the $400K 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.