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New Homes in Chapel Hill, NC Announced by NVHomes

One of the Nation's largest homebuilding companies unveils its first luxury single-family model home in Chapel Hill this weekend

CHAPEL HILL, N.C., Jan. 23, 2014 /PRNewswire/ -- NVR, Inc. (NYSE: NVR), one of the nation's largest homebuilding and mortgage banking companies, announces the grand opening of its new Regents Park ll single-family model home at Westfall in Chapel Hill, North Carolina. Built by NVR's NVHomes division, Westfall offers an outstanding collection of beautiful homes designed with Carolina living in mind.  Located only minutes from downtown Chapel Hill, the community offers a gorgeous entrance with lush landscaping and stunning views, large ½- to 1 ½-acre wooded homesites and resort-style amenities. Homes at Westfall are priced from the upper $560,000's.

Join us Saturday & Sunday, January 25 & 26 for our Model Grand Opening Event! Enjoy gourmet desserts and spectacular tours of our fully decorated model home!

The luxurious Westfall community provides homebuyers with a prestigious Chapel Hill address along with the advantage of lower Chatham County taxes. Residents will benefit from a host of on-site amenities, including a full XGrass multipurpose field. Homesites offer expansive views of trees and rolling hills typical of the area. Nearby Chapel Hill, home to the acclaimed University of North Carolina, provides easy access to performing arts, casual and fine dining options and an outstanding medical system. The scenic Jordan Lake, just minutes away, is a popular destination for boating, kayaking and hiking. Historic Pittsboro, Raleigh, the RDU airport, and Research Triangle Park are within easy reach. The northeast Chatham County location of the Westfall community is a growing area with access to Highway 15-501 with multiple shopping, dining and employment opportunities nearby. Residents will enjoy homes with 4+ bedrooms, 2- to 4-car, side-entry garages, 10-foot ceilings, expansive windows, signature gourmet kitchens and stunning morning rooms and a host of desirable features like two-story entrance foyers, first-floor guest bedrooms, center island kitchens, and covered porches.

The spectacular Regents Park ll model offers a grand layout designed to blend luxury with the functionality essential for today's busy lifestyles. Step through the double door entrance into the soaring foyer and find stunning arches that open to the two story family room.  The formal living room and expansive dining room allow the opportunity for formal entertaining. A tranquil study is tucked away beside the main family room area. The dramatic two-story family room features a wall of windows and a fireplace with an optional entertainment center, while the oversized kitchen features double islands, one for gourmet cooking and the other ideal for entertaining or for helping the kids complete homework while you cook dinner.  The kitchen also opens to a sunny morning room that leads to your outdoor living. Upstairs are four spacious bedrooms, each with a personal en-suite bath. The luxurious owner's suite is set on the opposite side of the open gallery and features a tray ceiling, a coffee bar, enormous his and her walk-in closets and a spa-like bath with dual vanities and a separate soaking tub. Homebuyers may personalize the layout of the Regents Park ll with a convenient first-floor guest bedroom suite or an expansive conservatory off the living room, which may be transformed into a library if desired.  The model home features an expansive finished basement complete with an area for the pool table, a wet bar, a media room, full bathroom and home office.

Like all new NV homes, those at Westfall are fully ENERGY STAR® Certified, yielding monthly utility bills up to 30% lower than standard homes, according to the EPA. All NV homes also carry 10-year structural warranties, and are independently verified for quality by a third-party inspection company. For further information about NVHomes' new Westfall community, please phone (919) 903-0123 or visit www.nvhomes.com.

About NVR

NVR, Inc. operates in two business segments: homebuilding and mortgage banking. The homebuilding unit sells and builds homes under the Ryan Homes, NVHomes, Fox Ridge Homes and Heartland Homes trade names, and operates in 27 metropolitan areas in 14 states and Washington, D.C. For more information about NVR, Inc. and its brands, visit www.nvrinc.com, www.ryanhomes.com, www.nvhomes.com, www.foxridgehomes.com and www.heartlandluxuryhomes.com.

The information in this press release is subject to change and the pricing and other features of any NVR-built home will be established at the time of sale. ENERGY STAR® is a registered trademark owned by the U.S. government.

SOURCE NVR, Inc.

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