Irvine Company to Debut Its 2010 New Home Collection

Inspired by extensive research about what consumers want when they purchase a home – and responding to pent-up demand for new housing – the Irvine Company is set to debut a collection of homes that the company will begin selling early next year.

Known as “The 2010 New Home Collection,” the series of 25 floor plans from six different builders will be located throughout eight neighborhoods in the villages of Woodbury and Woodbury East, two of the Irvine Company’s acclaimed Villages of Irvine.

The homes will feature fresh approaches to room layout and function that emerged from nearly two years of extensive consumer research by the company. They will also feature a broad price range designed to appeal to a wide range of homebuyers, from first-time buyers to those looking to move up, company officials said.

Prices for the new homes are expected to start in the low $300,000s, with the first models scheduled to open early next year.

All homes in the collection will be designed and built according to standards established by Build It Green, a non-profit organization in California that promotes healthy, energy- and resource-efficient homes throughout the state. The homes will incorporate a wide range of materials, finishes, appliances and energy systems that exceed California building and energy code requirements.

By adhering to Build It Green principles, The 2010 New Home Collection will enable homebuyers to easily assess how environmentally friendly the homes are.

The homes will also be eligible for FHA financing, which will make them affordable to a wide range of buyers.

Young pointed to the recent success of Ivy, a neighborhood in Irvine’s village of Woodbury East, to illustrate the demand that exists for new homes. New homes in Ivy were snapped up within 15 minutes the day the first phase was released in July. More than 2,000 people turned out to tour the model homes; dozens waited in line for up to two hours before the sales office opened.

Over the last two years, the Irvine Company conducted extensive research to see if consumers’ tastes had changed when it came to what they were looking for in the ideal house.

Equipped with this information from consumers, the Irvine Company’s planning and design team for The 2010 New Home Collection took an entirely fresh approach to the collection’s floor plans. From a “Great Room” that fosters family togetherness, to a “California Room” that takes advantage of Orange County’s temperate climate, the new floor plans help give The 2010 New Home Collection a distinctive edge. Website: http://www.villagesofirvine.com