Where Can I Find New-Construction Homes in Colorado Springs? (2026 Guide)
By Jeff and Lane Morrell · October 2026
The Morrell Group | eXp Realty
New construction is spread across the county: Banning Lewis Ranch and the new Percheron community anchor the east side, Falcon, Peyton, and Meridian Ranch make up the east county corridor, and Flying Horse East and other northern communities sit near Schriever and the Academy. Builders in 2026 are competing with rate buydowns and incentives, which can make new homes more affordable month to month than many resales.
The east side anchor
Banning Lewis Ranch and the new Percheron community are the major east-side master plans (our 2026 posts on both). These offer a range of floor plans with community amenities, and builder incentives have been common.
The east county corridor
Falcon, Peyton, and Meridian Ranch continue to build out with a steady supply of new homes (our Falcon and Peyton post, 2026). This is where buyers find newer construction at more accessible prices, though commutes into the city are longer.
North and northeast
Flying Horse East sits near Schriever Space Force Base and brings new construction to the north-east side (our 2026 post), while communities like Cordera, Wolf Ranch, and Northgate keep building under Academy District 20 schools.
The 2026 incentive story
Builders are offering rate buydowns and incentives to move inventory; our market posts from mid-2026 through October 2026 note a buydown can lower a monthly payment more than a same-size price cut on a typical mortgage. It is worth running both scenarios before you assume a resale is cheaper.
New construction is its own language: base price, lot premium, upgrades, incentives, and the fine print about what closing costs the builder covers. We translate all of it and negotiate the parts most buyers never question. Bring us to the model home before you sign anything.
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