I love my peers answers, they hate mine. I did a quick look at Hennepin Village, 1 foreclosure. First, builders make more money on TH's per acre because of the gross profit TH's generate. The builders have had to lower their margins and in some cases undercut previous sales prices. Upgrades are the main reason properties differ, along with location within the project. Some lots/views are simply better than others.
The actives I looked at, the owners were losing money, big money. Your realtor should tell you what they paid, easily determined.
Hennepin Village has several types of properties and models. Each one has to be compared with comparable sales. I am not saying do not buy, I am saying be careful. If you might have to move in a couple of years. you might lose some money. TH's are often overbuilt and the last to appreciate. Less risk in single family. When depreciation replaced appreciation, new rules, main one, you have to stay longer. The agent put the problem perfectly, TH's are a transition, not a good idea if you have to move in two years, you will lose money. On this Q& A forum, people have bought Lofts and condos since 2006, want to move, they can't
because they owe more than it's worth. Do a lot of lifestle planning before you make your buy. You will lose a lot more than the $8,000 tax credit with the wrong buy.