LGI Homes Announces First Community in Minneapolis Market

LGI Homes, Inc. (Nasdaq:LGIH), announces the opening of Sanford Select Acres, LGI Homes’ first community in the Minneapolis market.

Sanford Select Acres offers homebuyers the opportunity to buy a brand new home in a beautiful neighborhood while enjoying easy access to the employment and attractions of the Twin Cities. Located in Big Lake, Minnesota, homeowners in this new construction development are minutes from the Northstar commuter rail station, which offers regular service from Big Lake to downtown Minneapolis.

Locally, Big Lake provides an ideal setting for families looking to live in a community brimming with outdoor activities and local events. Residents of Sanford Select Acres will find several parks nearby, which offer a variety of outdoor activities including boating, fishing, hiking, biking and camping. Within walking distance of the community is Wright's Crossing Park, which features a playground, picnic pavilion and sand volleyball court. For those looking to get involved and contribute to the community, events for all ages and interests are hosted throughout the year by many local organizations and clubs.

LGI Homes is building five different floor plans in the Sanford Select Acres development. These plans include one-story options with unfinished lower levels, as well as two-story options, ranging in size from 1,200 to 2,400 square feet.  Priced from the $230s, every home at Sanford Select Acres includes energy efficient appliances, front yard landscaping, and an attached 2-car garage. With a low tax rate and no HOA fees, new homeowners at Sanford Select Acres will enjoy an exceptional home.

Interested homebuyers are encouraged to call [phone] ext. 403 for additional information and to schedule a tour.

About LGI Homes, Inc.

Headquartered in The Woodlands, Texas, LGI Homes, Inc. engages in the design, construction and sale of homes in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington and Tennessee. The Company has a notable legacy of more than 14 years of homebuilding operations, over which time it has closed over 18,000 homes. For more information about the Company and its new home developments, please visit the Company's website at www.LGIHomes.com.

MEDIA CONTACT: 
Rachel Eaton
[phone] ext. 2560