Pre-Built Homes Provide Cost-Effective Building Alternative
Steamboat Springs, Colorado, August 9, 2018: SmartPads LLC, which provides efficient, more affordable prebuilt home solutions, has launched in Steamboat Springs in response to rising rents and the lack of affordable housing in Routt County. The company was founded by two broker associates with Steamboat Sotheby’s International Realty – Darrin Fryer and Ryan Cox – who are passionate about creating cost-effective building alternatives that are more affordable and environmentally efficient than traditional stick-built options.
Fryer and Cox have hit a niche in the local market and have already secured sizeable opportunities, including:
- A 10 unit development (583 square feet each – 1 bedroom + loft; listed at $168,000 each) in Hayden, which is co-owned by Fryer and Louis Nijsten – see Hayden Village Townhomes
- A development of three homesites (~2,000 square feet) in Sunlight subdivision (co-owned by Cox and Fryer)
- A 1,000 square foot residential home in Hayden for a client
- A 2,500 square foot residential home in Sunlight subdivision for a client
“We launched the company in February and have already secured 15 opportunities in Steamboat Springs and Hayden, which tells us that we have a housing the solution that is of need in the Routt County market,” said Ryan Cox, Co-Founder of SmartPads LLC. “The flexibility and efficiency provided by the prebuilt models mean that savings in time and money are passed back to the home-owner. Most of our homes only take three to four months to build compared to 12 months for traditional builds. However, the high price of land in this community continues to be a barrier to entry for many.”
“There’s extreme scarcity in entry-level home opportunities in Routt County and our goal is to move towards closing some of this market gap,” said Darrin Fryer, Co-Founder of SmartPads LLC. “SmartPads provides a high-quality, modestly priced option for buyers looking to get into this market, with savings up to $100 per square foot and no skimping on first-rate finishes. We have relationships with many lenders who can offer no money down for the Hayden townhomes and for other new construction they can offer as low as 10% down for single-family homes.
“The bigger opportunity here in Steamboat to address the housing crunch is for us to find a landowner with the ability to develop multiple lots at one time,” said Fryer. “This way the savings from building volume and bulk buying can be passed back to locals and significantly reduce the building costs, providing the community with a more affordable, quality home solution.”
To learn more, go to www.SmartPads.co
Contact for more information:
Darrin Fryer (970-846-5551) or Ryan Cox (970-819-5359).
About SmartPads LLC
SmartPads, established in 2018 and headquartered in Steamboat Springs, Colorado, provides prebuilt modular homes of the highest quality, enabling them to be built fast and still be price competitive. Our team has over 15 years of experience in real estate development, management, and sales. Our focus is on building highly-efficient, healthy, environmentally sustainable homes in less time and for less money than traditional builds. SmartPads homes are provided by SmartKit LLC which is located in Vernal, UT.