Mix & Match Infill Building Locations & Home Plans
Homebuilding Startup LotNova Hits $100 Million in Active Real Estate Listings
MARCH 31, 2021
Chicago, IL – Startup homebuilding platform LotNova, the world’s first matching engine between active real estate listings and new construction home plans, achieved a major growth milestone. The company now manages over $100 million in active real estate listings in the Chicagoland area.
“We not have over $100 million in land inventory, with little to no carry cost, allowing us to make new construction more affordable for homebuyers,” said David Munaretto, CEO of LotNova.
The LotNova platform is a unique experience for potential homebuyers and for real estate agents. The system allows homebuyers to choose from a variety of different home plans, find active real estate listings where the plan can be built, and purchase the home and the lot at a package price.
“We’ve always believed that the key to our success would be to have a large enough inventory of property available to potential homebuyers. We have great plans that our Architect Partners have provided, and have grown our portfolio and the communities we service to the point where we’re consistently managing over $100 million in active listings.”
The company continues to expand the list of communities where it offers it’s matching service, recently adding Lombard, water front locations in the Chain O’ Lakes region, and Wheaton. The service is now live in dozens of communities throughout Chicagoland.
Potential homebuyers who want that walk-to-town location in markets with great school districts like Arlington Heights, Libertyville, and Northbrook will appreciate the ability to mix and match dozens of home plans and hundreds of real estate listings. The system intelligently prices the new construction home based on the plan chosen and the characteristics of the lot.
“Our vision is to make purchasing a new construction home anywhere you want to live just as easy as purchasing from a builder in a subdivision. We’re offering the best locations we can find, with a variety of different style home plans, and a very competitive price.”
About LotNova
LotNova is a new construction sales platform that helps buyers choose their dream home and build it in the perfect location. We’re the world’s first matching engine between home plans and active real estate listings. We’re changing the homebuilding industry by making it easier than ever to build the home of your dreams, in the community of your choice.
View more stories at www.lotnova.com/inthenews/
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