Homes Priced Below Builder Cost from the Low $100,000s

Newman, CA – SCM Homes of California is offering deep price reductions on selected single family homes at two new neighborhoods at Sherman Ranch, Park Villas and The Classics. 

“We have a beautiful selection of upgraded, move-in ready homes,” commented Steve C. Mothersell, president and CEO of SCM Homes of California. “The homes are priced well below our cost, starting in the low $100,000s.  To be able to buy a new  home at this price, and at a historically low interest rate, plus the generous tax credits now being offered? It’s crazy not to buy a new home now.”

Park Villas at Sherman Ranch features a sophisticated collection of detached homes with up to four bedrooms and 1,711 square feet. Ideal for those desiring a convenient, carefree lifestyle, the homes are loaded with upgraded features. Park Villas is situated within the Sherman Ranch planned community, adjacent to sprawling new Sherman Park and is designed with beautifully landscaped paseos. 

Homebuyers can also take advantage of excellent financing terms and programs, including 30 year fixed rate loans with historically low rates and 100% financing to qualified buyers. With the combination of low monthly payments and tax advantages of homeownership, many homebuyers are discovering they can own a new home for less than they are currently renting.

Adding to the incredible value and savings at Sherman Ranch is the absence of Mello Roos fees. A new home community without Mello Roos is rare as nearly all new homes in California now have some form of the special tax. 

SCM Homes is the only certified Energy Star and Green Built builder in the Central Valley and was recently honored with the 2008 Energy Star Award. Sherman Ranch homebuyers can be assured they are purchasing the most energy efficient homes possible. Energy consultants estimate the homes will realize a 40% savings in energy costs, saving homeowners hundreds of dollars every year in utility bills.

Mothersell continued, “The combination of unprecedented, below cost prices, incredible terms, no Mello Roos fees and unparalleled energy efficiency all add up to tremendous value. Mark my words—you will not find a better value anywhere in the Central Valley.”

Newman is located in a commuter-friendly, tranquil location in the Central Valley. Situated just off Interstate 5, Sherman Ranch offers an idyllic country setting amidst orchards and farmland, yet is very close to Tracy which offers numerous large shopping centers as well as the Tracy mall. Homebuyers with children will appreciate the highly regarded local Newman schools. The area is also a convenient commute via the ACE train or numerous commute routes to many of the tri-valley employment centers including Bishop Ranch, Hacienda Business Park, and Lawrence Livermore Lab.

To visit Sherman Ranch, from Interstate 5 take the Newman Exit east to Highway 33, turn right on Highway 33, left on Sherman Parkway, then right on Cinnamon Teal. From the south San Jose areas, take Highway 152 east to Highway 33 north to Newman. Please call (209) 862-9462 for additional details.

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