Homebuilders update Kingfisher Rotarians on progress of Highlands West housing addition
Site contains 38 lots just SW of city
Deer Creek homebuilder Doug Waggoner, accompanied by Edmond homebuilder Cy Trindle, were the guests of the Kingfisher Rotary Club last Tuesday.
Waggoner is the project manager for the 38-lot Highlands West addition located southwest of Kingfisher off Starlite Drive. It’s situated just southeast of the Kingfisher water tower.
Several homes have already been built, said Waggoner, with the sale of five already closed. He added that many more are under construction and in various phases of completion.
He said the homes are in the $200,000 to $280,000 range, with higher-end amenities, including granite counter tops.
Waggoner said he felt there is a need in the Kingfisher area for homes for first-time home buyers who are in search of new three- to four-bedroom, two-bath, two-car garage homes and he is optimistic that the group of builders invested in the project will soon see the 38 lots and homes sold.
“These homes allow families with good jobs for prospective homeowners of median income,” Waggoner said. “We are using better to best grades of materials, and these homes are being built to last.”
When asked about the homebuilding market in the greater Oklahoma City area, Waggoner commented that even with interest rates climbing and a continued shortage of building materials in the post-COVID economy, homes continue to be built and sold at a steady to fast pace.
“People talk about interest rates at 5.5% being high, but I’ve been around this business for quite a while and it wasn’t that long ago when rates dropped to 10% and everyone thought that was a good rate,” he said.
Waggoner said he was raised in the small town of Tyrone in the Oklahoma panhandle and has been involved in the real estate construction and management business for over 30 years.
“I’ve always thought Kingfisher was a wonderful community and we invested in the project because we feel this is a great market, with families who want to take the next step up in home ownership,” he said. “And we feel we make quality homes that will not only hold, but increase in value. It will be a good investment, as well as homes they can be proud of.”
Waggoner was accompanied by Trindle, whose father and mother – Kurt and Shonna (Petty) Trindle – were raised in Kingfisher County. Kurt works with F&M Bank in Edmond and Shonna is a elementary school teacher.
Waggoner and Trindle both made themselves available to answer questions from Rotarians and guests following the meeting.