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KB Home Announces the Grand Opening of a New Townhome Community in Clermont, Florida

1. KB Home launched Sanctuary Townhomes in Clermont, starting from $280,000. 2. The new community includes multiple amenities like pools and playgrounds. 3. Homes are ENERGY STAR® certified, enhancing efficiency and homeowner savings. 4. KB Home ranks #1 in buyer satisfaction, emphasizing customer relationships. 5. Location offers access to major employers and attractions, boosting appeal.

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Why Bullish?

The new development addresses market demand for affordable housing options, potentially increasing KBH's revenues. Historically, new community launches in desirable locations have positively influenced stock prices.

How important is it?

The launch of Sanctuary Townhomes fits well within KB Home's growth strategy and customer-driven approach, likely enhancing investor confidence in the stock.

Why Short Term?

The immediate impact from the launch is expected to boost sales in the coming quarters, with housing demand in Central Florida favoring this development.

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ORLANDO, Fla.--(BUSINESS WIRE)--KB Home (NYSE: KBH), one of the largest and most trusted homebuilders in the U.S., today announced the grand opening of The Sanctuary Townhomes, a new townhome community in Clermont, which is known for its picturesque rolling hills and lakes. These new townhomes are designed for the way people live today, with popular features like modern kitchens overlooking great rooms, primary bedroom suites with walk-in closets, and lofts. The community’s two-story floor plans feature three bedrooms and two-and-a-half baths. Community amenities include a pool, clubhouse, children’s playground and fitness room.

What sets KB Home apart is the company’s focus on building strong, personal relationships with every customer, so they have a real partner in the homebuying process. Customers enjoy the benefit of a dedicated team of sales counselors, loan experts, design consultants, construction superintendents, and customer service representatives. Underscoring this commitment to delivering an outstanding customer experience, KB Home is the #1 customer-ranked national homebuilder based on homebuyer satisfaction surveys from a leading third-party review site.

“We are pleased to offer Central Florida homebuyers new townhomes in a prime location near shopping, dining and family entertainment, including Walt Disney World® Resort and Island H2O Water Park,” said Fred Wyborski, President of KB Home’s Orlando division. “The Sanctuary Townhomes also features several community amenities, including a pool, clubhouse, children’s playground and fitness room. At KB Home, we’re here to help you achieve your dream with a personalized new home built uniquely for you and your life.”

Innovative design plays an essential role in every home KB builds. The company’s floor plans inspire contemporary living, with a focus on roomy, light-filled spaces that have easy indoor/outdoor flow. KB homes are engineered to be highly energy and water efficient and include features that support healthier indoor environments. They are also designed to be ENERGY STAR® certified — a standard that fewer than 12% of new homes nationwide meet — offering greater comfort, well-being and utility cost savings than new homes without certification.

The Sanctuary Townhomes is in a convenient location that offers homebuyers an exceptional lifestyle. The new community is situated off Sanctuary Drive, which provides easy access to US-27, Highway 429 and Interstate 4. Residents will also enjoy the proximity to area employers, including Walt Disney World Resort, Davenport Medical Center and AdventHealth Celebration as well as family entertainment like Disney's Animal Kingdom®, Magic Kingdom®, Epcot® and Island H2O Water Park.

The Sanctuary Townhomes sales office and model homes are open for walk-in visits and private in-person tours by appointment. Homebuyers also have the flexibility to arrange a live video tour with a sales counselor. Pricing begins from the $280,000s.

For more information on KB Home, call 888-KB-HOMES or visit kbhome.com.

About KB Home

KB Home is one of the largest and most trusted homebuilders in the United States. We operate in 49 markets, have built nearly 700,000 quality homes in our more than 65-year history, and are honored to be the #1 customer-ranked national homebuilder based on third-party buyer surveys. What sets KB Home apart is building strong, personal relationships with every customer and creating an exceptional experience that offers our homebuyers the ability to personalize their home based on what they value at a price they can afford. As the industry leader in sustainability, KB Home has achieved one of the highest residential energy-efficiency ratings and delivered more ENERGY STAR® certified homes than any other builder, helping to lower the total cost of homeownership. For more information, visit kbhome.com.

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