Challenger Homes in the 2023 Best of the Springs

Challenger Homes is very excited and honored to be nominated again in the 2023 Best of the Springs competition and we’re aiming to win Gold! Nominated in three categories: Best Home Builder, Best Home Developer and Best Production Builder, winners will be announced in The Gazette on April 23 and online April 24.

Best of the Springs Competition

A survey of Gazette readers’ favorite things, The Best of the Springs, consists of six different categories: Arts & Entertainment, City Life & Recreation, Family & Health, Food & Drink, Services & Professionals and Shopping.

In October, readers were able to nominate their favorite small business owners, entrepreneurs and community service providers. In order to qualify for ballot voting, nominees needed to receive at least three nominations.

About Challenger Homes

For the last twenty-two years, Challenger Homes has been one of Colorado’s most trusted home builders. With numerous communities in Northern Colorado, Denver and Colorado Springs, Challenger builds the type of homes that homeowners dream of. We work every day toward perfecting our goal of making life better for our homeowners.

Vote for Challenger Homes!

Voting is open this Friday, January 13th on The Best of the Springs website and closes February 5th. We encourage you to vote and help Challenger Homes take home Gold in three categories!

If you are interested in building a home in the Colorado area, Challenger Homes would love to make that dream a reality. Contact us today to schedule a tour of one of our communities or request more information.

Explore Our Homes

Open House: Fri 3:00–5:00pm (11/13)

$419,000

3 bds 2½ ba 1,840 sqft From $2,607/mo*

4912 Havenward View, Colorado Springs, CO 80911

Open House: Fri 2:00–5:00pm (11/13)

$449,900

3 bds 2½ ba 1,840 sqft From $2,913/mo*

8515 Blue Feather Loop, Colorado Springs, CO 80908

$349,900

2 bds 2½ ba 1,493 sqft From $2,202/mo*

1843 Wildland Heights, Colorado Springs, CO 80910

$399,625

3 bds 2½ ba 1,752 sqft From $2,710/mo*

789 N Carrie St, Watkins, CO 80137

$429,900

3 bds 2½ ba 1,884 sqft From $2,906/mo*

8262 Lemon Grass Road, Peyton, CO 80831

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.

*Advertised payments are estimates based on promotional financing for qualified buyers on select homes. Not all buyers will qualify. Actual payments vary based on the home, loan program, down payment, credit qualifications, taxes, insurance, and applicable HOA or metro district charges. Financing incentives require use of the designated lender. Buyers may choose any lender. Offers are subject to availability, lender approval, and change. This is not a commitment to lend.