This project represents an excellent opportunity for builder developer entry into this booming housing market. The 54 tentative approved lots are located in an area that has favorable infrastructure access and an opportunity for substantial competitive pricing advantage. The City of Gridley is developer friendly and looking to expand.
Demand for housing is high with most buyer profiles coming from the greater Sacramento & the Bay area in search of more desirable housing within the common budget of $400,000-$700,000. There is also tremendous pent up demand from local buyers as well. The area continues to see a strong mass migration of people wanting out of the metropolitan cities, due to Covid and their ability to telecommunicate for work. Many are moving to Gridley to raise their children, providing them with a superior Educational School system.