AV Homes to Open Two New Communities at Verrado

AV Homes to Open Two New Communities at Verrado 
New Communities Planned for DMB's Verrado Community 
SCOTTSDALE, AZ -- (Marketwired) -- 10/17/13 --  AV Homes (NASDAQ:
AVHI) has announced the purchase of two land parcels, containing a
total of 170 home sites, are located within the acclaimed DMB
master-planned community of Verrado in Buckeye, Arizona. AV Homes
expects to begin sales within these communities in the first quarter
of 2014.  
The first community will include single and two-story homes with
designs ranging in size from 1,950 to 3,380 square feet with
estimated starting prices in the low $200s. The second community will
include floor plans ranging from 2,340 to just over 4,000 square feet
and will start from the mid-$200s.  
Floor plans will feature open living spaces, multi-generational
suites, teen rooms, and expanded kitchens, all design elements that
are popular with today's new home consumer. These single and
two-story homes will feature striking exterior architecture and great
indoor and outdoor living spaces.  
Just 25 miles outside Phoenix, Verrado is anchored by a
pedestrian-friendly Main Street and offers residents a championship
golf course, miles of parks and trails, excellent educational and
recreational facilities as well as a variety of clubs and activities.
Verrado has excellent access to transportation with access to
Interstate 10 just one mile south and Loop 303 just five miles to the
east. More information on the Verrado community can be found at
About AV Homes
 AV Homes, Inc. was formed in 1970. It is best known
for the development of Poinciana, an award-winning 47,000-acre
master-planned community near Orlando, Florida. Today, the company is
engaged in homebuilding, land development and other real estate
operations in Florida and Arizona with its new Carolinas division
already in development of its first community. Its principal
operations are currently located at Solivita near Orlando, and
CantaMia near Phoenix. AV Homes currently builds homes for people of
all ages including active adult communities intended for those 55
years and older in both the Central Florida and Phoenix metro
homebuilding markets. www.avhomesinc.com 
Media Contact:
Jennifer Spangler
Zion & Zion
480-751-1007 x128
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