Family taking a selfie on a grassy mountain hillside

Challenger Homes: 25 Years of Making Life Better

Challenger Homes has had a commitment to Colorado Springs community for over 25 years. What began with a single home site has grown into one of Colorado’s most trusted home builders. But this milestone isn’t just about longevity — it’s about loyalty. Our past, present, and future are rooted right here in the Springs, and we’re more committed than ever to continuing that legacy.


pikes peak skyline

Built in Colorado Springs. For Colorado Springs.

Challenger Homes didn’t expand here — we started here. We’ve always believed that Colorado Springs is more than just a great place to build. It’s a place to live, grow, and give back. We know the neighborhoods, the views, the schools, the trails, and the people who make this city such a special place to call home. That deep local connection shapes everything we do, from the communities we design to the way we support local causes.


Mature couple meeting real-estate agent in office

Making Life Better, Then and Now

Our motto isn’t just marketing, it’s a mindset. Every decision we make comes back to one idea: how can we make life better for someone else today? Whether it’s designing a functional floorplan, offering unbeatable value, or standing by our warranties, we’re focused on making the homebuying journey feel personal and positive. We take the time to listen and the care to deliver, because this isn’t just business — it’s your life. And we’re honored to be a part of it.


Helping with food donation to the poor: the concept of feeding

A Legacy of Giving Back

Our commitment to the Colorado Springs community extends far beyond the homes we build. We believe a strong company should strengthen its community too. That’s why you’ll find us volunteering at Care & Share food bank, supporting Springs Rescue Mission, packing food drives, volunteering at Habitat for Humanity, and more. We’re proud of what we’ve accomplished, but even more excited about what’s ahead. Building homes is just one way we show up for our neighbors, and we’re not slowing down.


Loving daughter kissing her military father on the cheek while reuniting at home.

Thank You to Our Hometown Heroes and Military Families

We’re located in one of the most military-friendly cities in the nation. We understand the unique needs of our service members and their families, and we’re honored to offer $5,000 in savings to our Military Home Buyers as a small token of our appreciation.

Beyond the military, many of our homebuyers are the very people who keep this community running: teachers, firefighters, nurses, and law enforcement officers. They’re Hometown Heroes, and we’re proud to offer them $2,500 to use how they want, whether it’s toward design upgrades or simply off the price of their new home.

 


challenger homes model home exterior

Looking Ahead: The Next 25 Years and Beyond

We’re not just celebrating the past — we’re building toward the future. And it starts with our commitment to Colorado Springs. We’ll keep finding ways to give back, and most of all, we’ll keep helping Coloradans find their place to call home. Here’s to the next 25 years of Making Life Better together. Contact us today to find your Challenger home in Colorado Springs!

← Back to News & Resources

How we estimate your payment

Principal & interest + estimated property taxes + homeowners insurance + applicable HOA/metro charges.

Our advertised estimated lowest payments use a 30-year VA loan example for an eligible buyer with full entitlement and 0% down. The featured payment option is 3-2-1 Buydown. Advertised amounts are year-one estimates; payments increase in years 2, 3 and 4. The note rate is fixed at 6.5%. Home price, estimated taxes, and HOA/metro charges vary by property and community. Open the asterisk beside a payment for that home’s figures and assumptions.

More about the calculation

Principal and interest are calculated from the modeled loan amount, selected payment rate, and loan term. The model uses 8.661% combined 3-2-1 buydown cost and an assumed 2.15% VA funding fee financed into the loan. It includes a $8,000.00 closing-cost allowance, modeled through a higher contract price and seller credit. Points and any temporary buydown funding are modeled through a higher contract price and seller credits, subject to lender approval and appraisal support.

Property taxes use the community mill levy and an approximate assessed-value calculation; they are estimates, not an actual tax bill. Homeowners insurance is estimated at $180.00 per month. Applicable community HOA/metro charges are included. Upfront tax and insurance escrow deposits are excluded. A zero down payment does not guarantee zero cash due at closing.

3-2-1 Buydown payment assumption notes

The advertised amount is the Year 1 estimated payment. A builder-funded 3-2-1 buydown reduces the buyer's principal and interest payments during the first three years; the underlying note rate remains fixed. Payments are based on a rate 3 percentage points below the note rate in Year 1, 2 points below in Year 2, and 1 point below in Year 3. Full note-rate payments begin in Year 4. Taxes, insurance and HOA/metro charges are estimates and may change. Interest rate is not APR. Financing costs are modeled through a higher contract price and seller credits, subject to lender approval and appraisal support. Contact the lender for a complete Loan Estimate.

Promotion terms & lender information