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Memphis Homes Under $400K

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            4 Communities

            Quick Move-In Hot Deals

            Cordova Ridge by Regency Homebuilders in Memphis Tennessee
            homes in Cordova Ridge by Regency Homebuilders
            homes in Cordova Ridge by Regency Homebuilders

            Coming Soon

            Cordova Ridge

            Community by Regency Homebuilders

            10127 Macon Road
            Cordova, TN 38018

            Regency Homebuilders

            888-852-7898

            from $339,900 - $364,900

            4 homes match your search

            Other Builders

            Porter Farms by DickensBuilt in Memphis Tennessee

            Coming Soon

            Porter Farms

            Community by DickensBuilt

            Collierville, TN 38017

            DickensBuilt

            Wynstone Mill by DickensBuilt in Memphis Tennessee
            homes in Wynstone Mill by DickensBuilt
            homes in Wynstone Mill by DickensBuilt

            Wynstone Mill

            Community by DickensBuilt

            Memphis, TN 38119

            DickensBuilt

            from $399,000

            1 home matches your search

            Glenview Estates by Apex Home Builders in Memphis Tennessee

            Coming Soon

            Glenview Estates

            Community by Apex Home Builders

            Munford, TN 38058

            Apex Home Builders

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            Memphis features many of the best home builder communities in Tennessee, but finding lower priced homes has become increasingly difficult. In the last few years, the cost of building a new home in Memphis has increased substantially. Despite the rising trend of housing prices, it’s still possible to design and build an affordable home in the Memphis area. In fact, there are 4 communities and 3 builders in Memphis with homes starting at under $400K.

            How to Find Homes in Memphis For Less Than $400K?

            Many builders recognize there is growing demand in the Memphis area for homes under the $400K 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.