In 1970, Lonnie Price dreamed of raising his children in a family friendly neighborhood within a rural location that would also provide a sense of community. He realized that dream when he purchased land in the heart of Fairfield County, close to the Wagnall's Memorial Library, home of Funk & Wagnall's Encyclopedias. Because the Wagnall's Family established a scholarship fund for Bloom Township residents attending college, Lonnie went along with the idea and named the property Collegeview Acres. Price Custom Homes, LLC and Price Development Corp. has gone on to become one of the most successful residential builders and developers in Fairfield County.
In 1990, Lonnie and his two sons, Mitch and Greg, purchased another large piece of property and developed Slate Ridge Estates. Studying the area and looking for only the best pieces of land to develop has been important to the Prices. They strive to create country-style communities in which neighbors have plenty of privacy, yet are close enough to experience the connectedness of a community. To date, Price Development has completed eight such developments - two more are currently ongoing yet and another is coming soon.
Over the last twenty years Mitch and Greg have learned about all aspects of the building process. They have personally completed many of the various phases of building a home and are completely versed in the entire general contracting process. In 1996 Greg took a full-time position with a local building company, while Mitch and Lonnie focused on creating more neighborhoods. Eventually the Prices became partners with that builder, and more recently became the sole owners of the company.
Being family owned and operated, they take great pride in the homes they build. They seek to offer high quality homes at a very fair price and continually say that they "build each home as if it were their own". They aren't trying to be the biggest builder around, just the best! They specialize in customizing the details of a floor plan and are proud of the personal attention they provide in all aspects of the building process.