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Upper Richton Sells 55 Percent of Its Inventory in Eight Days

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PRESS RELEASE

HOUSTON – March 7, 2016– Surge Homes opens home sales to the general public for its Upper Richton community beginning Monday, March 7. This comes after a successful private launch where VIP Certificate holders purchased more than half of the homes in the community.   Only one townhome and five single-family homes are available with prices ranging from $573,000 to $671,000.

Located on the southwest corner of Richton Street and Morningside Drive in the Upper Kirby District, Upper Richton is a $8.2 million, 13-home community comprising nine single-family homes and four attached townhomes.

Upper Richton is a gated community featuring traditional architecture, fenced-in yards, private balconies and two-car garages. Three floor plans are available with 1,959; 2,273 and 2,352 square feet, respectively. Each floor plan has three bedrooms and 3 ½ bathrooms, and offers luxury interior finishes including premium 54-inch kitchen cabinets, 11-foot ceilings on every floor, tray ceilings in the master bedroom and stained interior doors.

Purchasing in this community provides potential home buyers a unique opportunity to own a brand new home at a reasonable price in one of Houston’s most prestigious neighborhoods. According to the Houston Association of Realtors, the median home value based on all home sales for 2014 (the last available statistics) for this area is $830,000.

Future homeowners can choose from an impressive collection of 70 kitchen and bath design packages comprised of flooring, exclusive European cabinetry, countertops, backsplashes and wall tiles. Each brand new residence includes a refrigerator, dishwasher, gas cooktop, electric oven and a gas connection on the balcony for a grill. Surge Homes also provides each new homeowner with a Quality Assurance Program including a five-step process for quality design and construction; a 10-year transferable Home Buyers Warranty; and a Master Insurance Program guaranteeing construction for the duration of the 10-year warranty.

VIP Certificates are available for seven other Surge Homes communities. These certificates allow potential home buyers to join a waiting list in order to purchase their favorite residence, at special pricing, prior to the launch of sales to the general public. The cost is $1,900, which goes into escrow, and is applied to the final purchase price of the home once under contract.

About Surge Homes
Surge Homes is a Houston-based residential real estate developer and builder committed to providing brand new homes featuring stunning architecture and cutting-edge interior designs. From land development and construction to sales and marketing, Surge Homes® is involved in every aspect of creating these new homes, located in the most desirable inner city areas. Members of the leadership team each bring more than 27 years of experience in real estate development, management and consulting, and their previous developments total more than 4,000 homes and include master-planned communities, houses and condominiums throughout the U.S. and Canada.