Homes in the newly opened Portfolio at Verrado development feature price tags and floor plans that exceed the neighborhood average in the city of Buckeye, Arizona.
The builder, Richmond American Homes, is holding a grand opening for the ranch-style community on Dec. 6. Portfolio at Verrado will have three to four bedrooms, two to three bathrooms and up to three-car garages.
Prices start at just under $523,000 and go up to more than $550,000. At that price point, these homes exceed the Buckeye neighborhood value of $447,462, according to Homes.com data.
Richmond American touted neighborhood amenities, including a community pool, golf course, neighborhood clubhouse, parks, playgrounds, and more.
The community website shows Portfolio at Verrado comprises dozens of homesites, with a handful that are ready to move in now or will be ready in January. The remaining lots have not been released as of Dec. 3.
Richmond American offers three floor plans for Portfolio at Verrado, ranging from 2,370 to 2,500 square feet, which is also above the 2,023-square-foot average for single-family homes in Buckeye.
New community adds to larger master-planned development
Portfolio at Verrado is part of the larger Verrado master-planned community, which spans over 8,000 acres and features commercial shopping districts and thousands of residents.
Large builders, such as Taylor Morrison, K. Hovnanian Homes, Landsea Homes and others also have a presence within Verrado.
With the opening of Portfolio at Verrado, Richmond American continues its run of debuting new communities across Phoenix.
Last month, Richmond American opened Seasons at Baker Farms, a 178-home community in the city of Phoenix. That came on the heels of opening another 92-home community in Estrella — a major master-planned community in the city of Goodyear. The builder expects to open more within Estrella before the end of the year.
Sekisui House has owned Richmond American since 2024 after completing a $4.9 billion purchase of its holding company, M.D.C. Holdings. It ranks as the nation's sixth-largest homebuilder based on 14,860 total closings in 2024, according to Builder Magazine.