One builder is reaching for renters who wish they could buy

At a moment when Colorado is cited as the nation’s 10th least-affordable state for housing, some of the most reasonable offerings for buyers now are coming not from older houses, but from ones that are brand new.

Denver-based Oakwood Homes has four separate communities located on the outskirts of the metro area where it can deliver a 2-bedroom 2-bath single-family home with a 2-car garage for under $400,000, according to Ariel Knobbe, senior marketing director.

That figure is less than 60% of the current median price of a single-family home on the market, and slightly less than a median-priced townhouse or condo now, according to the newest numbers by the Denver Metro Association of Realtors…

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