New Homes in Simi Valley, CA Under $500k :: 17 Communities Skip main navigation

Simi Valley, CA Homes Under $500K!

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            17 Communities

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            Nearby Communities

            Clover by KB Home in Los Angeles California
            homes in Clover by KB Home
            homes in Clover by KB Home

            Coming Soon

            Green Video

            Clover

            Community by KB Home

            27004 Evening Sky Place
            Valencia, CA 91354

            KB Home Read Reviews

            888-691-6164

            Citrus Grove by KB Home in Ventura California
            homes in Citrus Grove by KB Home
            homes in Citrus Grove by KB Home
            Green Video

            Citrus Grove

            Community by KB Home

            83 Willow Street
            Fillmore, CA 93015

            KB Home Read Reviews

            888-277-2493

            from $478,990 - $515,990

            1 home matches your search

            11.5 miles away

            Other Builders

            14719 W. Plummer Street by AG Plummer, LLC in Los Angeles California

            Coming Soon

            14719 W. Plummer Street

            Panorama City, CA 91402

            Builder Community

            AG Plummer, LLC

            The Miramar by MSD Capital in Los Angeles California

            Coming Soon

            The Miramar

            Santa Monica, CA 90403

            Condominiums

            MSD Capital

            10563 Ashton Ave by 10563 Ashton LLC in Los Angeles California

            Coming Soon

            10563 Ashton Ave

            Los Angeles, CA 90024

            Condominiums

            10563 Ashton LLC

            6643 N Louise Ave by Richcor Development in Los Angeles California

            Coming Soon

            6643 N Louise Ave

            Van Nuys, CA 91406

            Builder Community

            Richcor Development

            Ocean Avenue Bluffs by Tabit Ventures in Los Angeles California

            Coming Soon

            Ocean Avenue Bluffs

            Santa Monica, CA 90402

            Condominiums

            Tabit Ventures

            Valerio 7 by JJZ Homes in Los Angeles California

            Coming Soon

            Valerio 7

            Van Nuys, CA 91405

            Builder Community

            JJZ Homes

            Green Island Villas by Summer Land Partners Group Inc in Ventura California

            Coming Soon

            Green Island Villas

            Moorpark, CA 93021

            Townhomes

            Summer Land Partners Group Inc

            Oak Terrace Homes - Townhomes by Aldersgate Investments LLC in Ventura California

            Oak Terrace Homes - Townhomes

            Newbury Park, CA 91320

            Builder Community

            Aldersgate Investments LLC

            from $420,900 - $474,900

            3 homes match your search

            Ingomar Village by Montage Development in Los Angeles California

            Ingomar Village

            Canoga Park, CA 91304

            Builder Community

            Montage Development

            from $364,900 - $374,900

            2 homes match your search

            Met (The) by The Radco Companies in Los Angeles California

            Met (The)

            Woodland Hills, CA 91367

            Builder Community

            The Radco Companies

            from $195,000 - $339,000

            4 homes match your search

            The Village At Hubbard by California Home Builders in Los Angeles California

            The Village At Hubbard

            Sylmar, CA 91342

            Builder Community

            California Home Builders

            from $375,900 - $409,900

            2 homes match your search

            Lumiere by Schaffel Development, Inc in Los Angeles California

            Lumiere

            Studio City, CA 91604

            Builder Community

            Schaffel Development, Inc

            from $497,000

            1 home matches your search

            Camellia Villas by Pacific Gold Coast Realty in Los Angeles California

            Camellia Villas

            North Hollywood, CA 91601

            Builder Community

            Pacific Gold Coast Realty

            from $379,900 - $385,000

            2 homes match your search

            Westwind by Paragon Communities in Ventura California

            Westwind

            Oxnard, CA 93033

            Builder Community

            Paragon Communities

            from $317,500 - $365,000

            4 homes match your search

            St Johns Wood by Wellesley Manor Corporation in Los Angeles California

            St Johns Wood

            Los Angeles, CA 90025

            Builder Community

            Wellesley Manor Corporation

            from $399,000 - $560,000

            2 homes match your search

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            Popular Searches Near Simi Valley, CA

            Simi Valley features many of the best home builder communities in California, but finding lower priced homes has become increasingly difficult. In the last few years, the cost of building a new home in Simi Valley has increased substantially. Despite the rising trend of housing prices, it’s still possible to design and build an affordable home in the Simi Valley area. In fact, there are 17 communities and 16 builders in Simi Valley with homes starting at under $500K.

            How to Find Homes in Simi Valley For Less Than $500K?

            Many builders recognize there is growing demand in the Simi Valley area for homes under the $500K price point and often have a few floor plans available, but these may be in limited supply. To ensure affordability without compromising on the quality of the home, builders may utilize value engineering techniques to reduce the cost of construction and keep the price of the home as low as possible. This may include building on a smaller lot or utilizing standard-sized materials, such as windows and doors, that provide high-value for the cost. The results are delivering similar quality at lower prices.