One of the most common questions we receive from both existing community members and potential homebuyers is how homes in Todd Creek Farms compare with nearby acreage properties in the 1.5 – 3.5 acre range. We all know that Todd Creek Farms is a special place, and we asked our friends at Berkshire Hathaway Home Services to prepare a market analysis of acreage properties across the area to see how our community stacks up.
The market analysis looked at hundreds of homes in a 10-mile radius – including Brighton – from 2019 through the present day. Some indicators in the analysis included categories like List to Sold Price, Days on Market, and the Price Per Square Footage – Finished (which includes finished basements and ADUs) and Price Per Square Footage – Above Grade.
From the analysis below, a few key points emerge:
- Average Home Prices at Todd Creek Farms have risen by 35% within the last five years, from $718,230 to $975,385.
- Price Per Square Foot – Above Grade increased by over 50% in the same timeframe at Todd Creek Farms.
- During the same timeframe, Todd Creek Farms and Brighton have been generally equal in the List to Sold Price.
- Yes, but… Todd Creek Farms still lags behind Brighton in cost per Finished Square Footage, as well as the Number of Days on Market.
The analysis below also indicates that our community has significantly strengthened our position relative to Brighton. And despite crazy mortgage rates and market fluctuations, our values continue to grow – especially the Above Grade Price per Square Foot.
| 2019 | Brighton | TCF |
| Sold to List Price (# of Homes) | 96 | 96 |
| Average Price | $626,642 | $718,230 |
| Days on Market | 50 | 39 |
| Price per SF: Finished | $221 | $191 |
| Price per SF: Above Grade | $290 | $286 |
| 2021 | ||
| Sold to List Price (# of Homes) | 100 | 101 |
| Average Price | $812,119 | $855,052 |
| Days on Market | 20 | 15 |
| Price per SF: Finished | $291 | $253 |
| Price per SF: Above Grade | $363 | $323 |
| 2024 | ||
| Sold to List Price (# of Homes) | 96 | 96 |
| Average Price | $884,152 | $975,385 |
| Days on Market | 49 | 80 |
| Price per SF: Finished | $323 | $325 |
| Price per SF: Above Grade | $418 | $437 |
Why This Matters
When prospective homeowners visit Todd Creek Farms or reach out to board members, they need to know that our community understands that our homes are generally our single most significant asset.
As a board, we’ve dedicated our work to serving as a responsible fiduciary of community resources and assets, building community, and leaving people alone. That’s why we have prioritized continuing investments in our community – like the maintenance of our trails and open spaces, community-building events like EcoDay, and the upcoming Fall Festival – that contribute to our desirability as a community.
