KB Home Says Hello to Hutto with New Community Opening Planned for Spring 2013

  KB Home Says Hello to Hutto with New Community Opening Planned for Spring
  2013

Recent land purchase in growing Austin-area community creates fantastic
homeownership opportunities for area residents

Business Wire

AUSTIN, Texas -- January 30, 2013

KB Home (NYSE: KBH), one of the nation’s largest and most recognized
homebuilders, today announced plans for its first new home community in Hutto.
The builder has begun construction of model homes for the new Hutto Park
community located just north of downtown Hutto. KB Home has enjoyed success in
neighboring Round Rock for many years and is now bringing its Built to Order™
homes to Hutto with the acquisition of the 105 finished homesites that will
become Hutto Park.

“This is our first project in Hutto and we’re very excited to join this
flourishing area. We think the time is right to expand our presence in the
Austin market and help create a new place for families to call home,” said Ken
Langston, president of KB Home’s Austin division.

Residents of KB Home’s Hutto Park will enjoy access to a private recreation
center with pool and picnic pavilion. The community is also just minutes from
SH 79 and SH 130, making for an easy commute to the area’s many major
employers.

The builder’s offerings will include 12 one- and two-story home designs with
up to four bedrooms and two-and-a-half baths in up to 3,125 square feet of
living space. And with KB Home’s Built to Order approach, homebuyers will get
to select their homesite and floor plan, as well as aesthetic choices like
faucets and fixtures. Select floor plans can also be customized to suit
homebuyers’ differing needs. For instance, in some plans, a loft space can be
utilized as a home office or entertainment nook, or can be converted into an
additional bedroom and bath.

All new homes at Hutto Park will also be ENERGY STAR^® certified so that they
are easier on homeowners’ pocketbooks. How much easier? Home shoppers can look
to KB Home’s Energy Performance Guide, or EPG, in all of its new homes in
Hutto Park. Similar to the miles per gallon rating or MPG sticker on cars, the
EPG provides buyers with an estimate of monthly energy costs for the home as
designed, as well as an estimate of monthly energy cost savings when compared
to a typical resale home.

To learn more about KB Home’s arrival in Hutto and register to receive updates
on construction and grand opening plans, visit kbhome.com or call
888-KB-HOMES.

About KB Home

KB Home is one of the largest and most recognized homebuilding companies in
the United States. Since its founding in 1957, the company has built more than
half a million quality homes. KB Home's signature Built to Order™ approach
lets each buyer customize their new home from lot location to floor plan and
design features. In addition to meeting strict ENERGY STAR® guidelines, all KB
homes are highly energy efficient to help lower monthly utility costs for
homeowners, which the company demonstrates with its proprietary KB Home Energy
Performance Guide® (EPG®). A leader in utilizing state-of-the-art sustainable
building practices, KB Home was named the #1 Green Homebuilder in the most
recent study by Calvert Investments and the #1 Homebuilder on FORTUNE
magazine's 2011 World's Most Admired Companies list. Los Angeles-based KB Home
was the first homebuilder listed on the New York Stock Exchange, and trades
under the ticker symbol "KBH." For more information about KB Home's new home
communities, call 888-KB-HOMES or visit www.kbhome.com.

Contact:

KB Home
Cathy Teague, 210-415-6670
cteague@kbhome.com
 
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