Frequently Asked Questions

What makes these homes affordable?

The mission of Rural Homes is to provide the local workforce with affordable homes for-sale. The definition of affordability is living in a home where you can spend less than 30% of your monthly income on rent or on a mortgage. With our neighborhoods, that is what we aim to provide to you, and with our preferred lending product, we have found this can be possible.

Rural Homes is a non-profit developer and all our developments are non-profit developments. That means that Rural Homes is not taking a profit on the sale. We are selling the homes for less than they cost to build because we apply grant subsidies to the final sale price. Federal, state and local grants and some private donations helped make these homes more affordable for the homeowner.

Additionally, homes are priced based on size and amenities. For example, a 3-bedroom unit will cost more than a 2-bedroom unit. A unit with a garage will cost more than a unit without one. A larger lot size will cost more than a smaller lot size.

Are these homes deed-restricted? What is a deed restriction?

Yes, these homes are deed restricted. A deed restriction is a covenant that controls the use, occupancy, and sale of the property to ensure that the purchaser and all future owners of these homes are qualified, and the homes remain affordable.

Are these homes modular? What is modular construction?

All Rural Homes houses are a modular product. Modular construction is built using the same methods as traditional home construction, just in a state of the art climate controlled factory setting that can optimize efficiency. Juniper Grove homes are built by Fading West, a factory in Buena Vista, CO under exact standards and conditions, and then shipped in modules to the development and set on solid concrete foundations.

Who can buy one of these homes?

Homes are available to “Qualified Owners” who meet the criteria outlined in the deed restriction and program guidelines. These requirements typically include income limits and occupancy requirements.

Can I renovate or make modifications to my home?

Homes are available to “Qualified Owners” who meet the criteria outlined in the deed restriction and program guidelines. These requirements typically include income limits and occupancy requirements.

Do the homes come with appliances?

Yes, all homes come with an all-electric fridge, stove, dishwasher and washer/dryer sourced from an ENERGY STAR® rated manufacturer.

Is there a minimum income limit to buy a home?

There is no set minimum income limit, but you must be able to qualify for financing to purchase the home. With some exceptions, you must work for a living to qualify to purchase or occupy a home. However, these homes are targeted for persons making under 100% Area Median Income. Please note: your minimum income may be an issue when qualifying for a mortgage.

Do all bedrooms need to be occupied?

No. If you own any improved residential property at the time of purchase, you will be required to sell it within one year of closing on your Juniper Grove home.

Can I own another home?

No. If you own any improved residential property at the time of purchase, you will be required to sell it within one year of closing on your Juniper Grove home.

How do I qualify for a loan?

Buyers must qualify through a mortgage lender based on standard lending criteria, including debt-to-income ratio, credit, and income. We recommend connecting with our preferred lender to guide you through the process

When will the homes be ready?

Homes in Phase 1 are anticipated to be completed by the end of 2026. 

Can I sell my home in the future and when?

Yes, you can sell your home at any time. However, resale will be subject to the program’s deed restriction, which may include resale price limitations and buyer eligibility requirements. This helps ensure long-term affordability within the community.

Can someone inherit my home?

Yes. Your home can be passed on to an heir. The property will remain subject to the deed restriction, and the heir will need to meet program requirements if they choose to occupy or sell the home.

Will my home come with a warranty? 

Yes. Your home will include a one-year limited builder warranty.

What if my income increases?

That’s okay. Income qualifications are only required at the time of purchase. There are no ongoing income restrictions after you buy your home.

Is there an HOA?

No, there is no homeowners association. Homeowners are responsible for complying with local city regulations. For attached homes, a party wall agreement will be in place.