Finding 3, 4, and 5-Bedroom New Construction Homes

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Salt Lake City is fast becoming one of the most attractive places to live in the United States. With a red-hot job market driven by a growing tech industry and a backdrop of the stunning Oquirrh and Wasatch Mountain ranges, there's a lot to like for people of all life stages. Young families move to the area for good job prospects and high-performing schools. In contrast, retirees enjoy the various cultural aspects and stunning outdoor attractions.

The knock-on is a red-hot real estate market, but homes have recently been staying on the market longer, up to approximately 31 days from 27 days in June. In the Salt Lake City Metropolitan Area, home values are up 2.7% from this same time last year. If you're considering moving to Salt Lake City, looking to move to a new home in the area or jumping from renting into homeownership and you're worried about rising prices - don't fret. Plenty of affordable homes in the area have three-, four-, and five-bedroom floorplans and a number of other reasons to move to the Salt Lake City area.

With the right strategies and knowledge, you can secure your dream home for much less than you think and save money monthly by paying down your mortgage instead of your landlords.

Strategies for Securing Affordable Homes in Salt Lake City

While some homes in the "Silicon Slopes" might be out of reach for most American families, there are still plenty of ways to find the best homes for your money. Here are some handy tips to get the most house in Salt Lake City for your dollar.

Consider New Construction Homes

One of the best ways to secure a home that checks all the boxes without breaking the bank is to look at new homes in Salt Lake City. These homes feature modern designs and superior construction, including integrated technology and other advances in homebuilding. They are often more energy-efficient (and, therefore, cheaper to run), saving you money on utility bills monthly. You can also avoid costly maintenance or renovation headaches in the early years of ownership.

They're a solid bet for your investment when you add comprehensive structural warranties and the potential to appreciate (thanks to them often being positioned in up-and-coming neighborhoods) surrounded by new commercial centers, schools, and near highways.

Explore Surrounding Areas

While huge prices are demanded for properties in downtown hotspots and the most popular suburban areas, venturing further afield can help you secure significantly more value in your home purchase.

Heading just a little distance from the I-15 gives you more discount on single-family homes in Salt Lake City. However, that's not to say you're making a sacrifice. You benefit by being closer to Utah County's vast natural playground, and big-city amenities are still just a short drive away.

Take Advantage of Financial Incentives

Another way to increase affordability when buying a home in Salt Lake City is to take advantage of any financial incentives available. For instance, if you're a first-time buyer, several programs can help with down payments and fees, such as closing costs. For example, the recently passed (2023) First-time Homebuyers Assistance Program affords you up to $20,000 in interest-free loans to purchase new construction homes.

You can also look at the builders themselves. For instance, LGI Homes offers builder-paid closing costs on select homes, which could represent a significant saving off the all-in cost of a home purchase.

LGI Homes at Oquirrh Mountain Ranch: Affordable Quality in Salt Lake City

As one of the nation's leading home builders, LGI Homes recently opened our first Utah new home community, Oquirrh Mountain Ranch, in Eagle City, just southwest of Salt Lake City. The homes here offer excellent value for money, and the community also features various amenities and facilities to enhance the neighborhood's living experience.

Here's why you should consider it as a place for you and your family to call home.

Location Benefits

• Situated just 40 miles south of Salt Lake City, allowing for an easy commute
• Surrounded by stunning mountain views, providing a daily dose of natural splendor
• Minutes away from Utah Lake, offering numerous water-based recreational activities
• Proximity to multiple mountain ranges, perfect for hiking, skiing, and snowboarding enthusiasts
• Zoned to excellent local schools and enjoys a low local tax rate
• A short drive from family-friendly attractions like Thanksgiving Point and the Loveland Living Planet Aquarium

Community Amenities

• Two community parks for residents to enjoy
• Conservation areas that preserve the natural beauty of the surroundings
• Hiking and biking trails for outdoor enthusiasts
• Green spaces perfect for picnics and outdoor gatherings
• Shade ramadas for comfortable relaxation

Home Styles Available

Oquirrh Mountain Ranch offers a diverse range of home styles to suit various needs and preferences:

• 3, 4, and 5-bedroom floor plans available
• Single and two-story options
• Square footage ranging from 1,191 to 2,446 sq. ft.
• Two-car garages are standard with most plans
• Starting prices from $433,900 to $543,900

Each home in Oquirrh Mountain Ranch comes with LGI Homes' CompleteHome™ package, featuring all-inclusive upgrades such as stainless-steel Whirlpool® appliances and smart home technology at no additional cost. The community also benefits from a simplified buying process and builder-paid closing costs, making your path to homeownership much more accessible and your out-of-pocket costs less.

Affordable 3-Bedroom Homes in Salt Lake City

The Oquirrh Mountain Ranch community has numerous three-bedroom floor plans, each featuring intelligent open-concept designs.

Bruin

Features: Three bedrooms, two bathrooms, two car garage, 1,191 sq. ft., CompleteHome™ package

Pricing: Starting at $1,869/month with builder-paid closing costs

The Bruin floor plan offers a sweeping family room, a chef-ready kitchen with an island and an attached dining room. Space is abundant in this single-story layout, and clever design affords owners two well-proportioned bedrooms and a master suite—complete with a walk-in closet and an en-suite bathroom.

View Floor Plan

Frisco

Features: Three bedrooms, two bathrooms, two car garage, 1,298 sq. ft., CompleteHome™ package

Pricing: Starting at $1,869/month with builder-paid closing costs

The Frisco floor plan is another single-story offering with an open-concept layout to deliver as much living space as possible. It features a kitchen with sprawling granite countertops and designer wood cabinetry that seamlessly opens into an enormous blended dining and family room. The other side of the house has a two-car garage and three spacious bedrooms, including the master suite.

View Floor Plan

Glenwood

Features: Three bedrooms, two bathrooms, two car garage, 1,540 sq. ft., CompleteHome™ package

Pricing: Starting at $2,039/month with builder-paid closing costs

The Glenwood floor plan offers a spacious single-story layout. Upon entering, you're greeted by an open-concept living area featuring a chef-ready kitchen with a large island. The kitchen flows seamlessly into the dining and family rooms, creating an ideal space for entertaining. The master suite, located at the rear of the home, provides a private retreat with a walk-in closet and en-suite bathroom. Two additional bedrooms and a full bathroom complete this well-designed home.

View Floor Plan

Logan

Features: 3 Bedrooms, 2.5 Bathrooms, 2 Car Garage, 1,755 sq. ft., CompleteHome™ package

Pricing: Starting at $2,079/month with builder-paid closing costs

The Logan is a two-story home with an open-concept layout. The first floor includes a large family room, a dining area, and a designer kitchen with an island, granite countertops and stainless steel appliances. Upstairs, you'll find a spacious game room, a private master suite, two additional bedrooms and a conveniently located laundry room.

View Floor Plan

Affordable 4-Bedroom Homes in Salt Lake City

The community also features a four-bedroom floor plan for those wanting room to grow or with an expanding young family.

Monroe

Features: 4 Bedrooms, 3 Bathrooms, 2 Car Garage, 1,974 sq. ft., CompleteHome™ package

Pricing: Starting at $2,209/month with builder-paid closing costs

The single-story Monroe boasts an open layout. Its impressive kitchen features an oversized island, granite countertops and Whirlpool® appliances. The spacious family room is perfect for gatherings. The home includes a private master retreat and three secondary bedrooms, providing flexibility for family living or guest accommodation. Additional features include wood-style flooring, double-pane windows, and a Wi-Fi-enabled garage door opener.

View Floor Plan

Affordable 5-Bedroom Homes in Salt Lake City

Oquirrh Mountain Ranch offers two spacious 5-bedroom floor plans for larger families or those needing extra space.

Naomi

Features: 5 Bedrooms, 3 Bathrooms, 2 Car Garage, 2,188 sq. ft., CompleteHome™ package

Pricing: Starting at $2,279/month with builder-paid closing costs

The two-story Naomi plan offers an impressive layout with five bedrooms and three bathrooms. The main floor features an open-concept design with an integrated kitchen, dining and living space, as well as a downstairs guest bedroom and full bathroom. Upstairs, you'll find a game room, a private master suite and three additional bedrooms. There's also a convenient second-floor laundry room and a covered front porch.

View Floor Plan

Thurston

Features: 5 Bedrooms, 3 Bathrooms, 2 Car Garage, 2,446 sq. ft., CompleteHome™ package

Pricing: Starting at $2,339/month with builder-paid closing costs

The Thurston is a spacious two-story home. The first floor boasts an open-concept layout with a large family room, dining area, and a fully equipped kitchen featuring an oversized island and walk-in pantry. The second floor features an expansive game room, a private master suite, three secondary bedrooms, a full third bathroom and a laundry room.

View Floor Plan

Find Your High-Quality Affordable Home in Salt Lake City Today

Salt Lake City is the perfect place to put down roots. Whether you are relocating with a young family or a local looking to get one foot on the property ladder, this city has it all. There's a solid jobs market, good schools and endless outdoor recreation.

But don't worry if you think this dream life is out of reach. With high-quality new construction properties from LGI Homes, you can have everything you ever wanted and more while remaining on budget.

LGI Homes' Oquirrh Mountain Ranch community offers modern, energy-efficient homes with all-inclusive upgrades and builder-paid closing costs. You also benefit from private community facilities, urban amenities right around the corner and the incredible natural playground of the mountains on your doorstep.

Call the community office at (833) 364-1868 to schedule a tour.

Alternatively, you can request more information about our inaugural Utah community via the website.