News Summary
Chris Bunge has been named the division president of Drees Homes in Cleveland, taking on responsibility for operations in a diverse housing market. Under his leadership, the company aims to expand its presence through a new land strategy and respond to rising customer demand for new homes as renovation costs increase. Bunge’s experience and commitment to collaboration will guide the company’s growth in the region.
Cleveland, OH – Chris Bunge has been appointed as the division president for Drees Homes in the Cleveland market, as announced on Thursday, September 23. He has held the leadership position since June, according to his LinkedIn profile. Bunge will oversee the company’s operations in a region known for its diverse housing market, which includes homes ranging from the $400,000s to over $1 million.
Drees Homes, headquartered in Fort Mitchell, Kentucky, just outside Cincinnati, has experienced significant growth in scale and profitability under Bunge’s leadership, particularly within its Elevate by Drees Homes division. This build-on-your-lot division is focused on expanding Drees Homes’ presence in the Cleveland area through a new land strategy aimed at meeting growing customer demand.
As a part of his new role, Bunge expressed eagerness to engage and work collaboratively with talented colleagues, highlighting the team-oriented culture that Drees Homes promotes. He joined Drees Homes in 2014, initially serving as a customer care representative. His ascent within the company includes roles as builder and general manager of Elevate by Drees Homes, where he led efforts to enhance customer offerings and product quality.
According to Bunge, clients are increasingly opting for new homes rather than remodeling existing properties, primarily due to rising renovation costs. With much-needed kitchen remodels now costing around $100,000, many customers view building new homes as a more viable option. This shift in consumer preference aligns with Drees Homes’ strategic focus on new constructions.
To increase financial viability and visibility, Bunge has plans to construct up to three speculative homes on lots located on the east side of Cleveland. These new projects are expected to attract potential homebuyers looking for quality residential options in the area.
The Cleveland market features notable communities developed by Drees Homes, including Fieldstone in Avon, Market Highlands townhomes in Brunswick, The Estates of Columbia Ridge in Columbia Station, and Spring Hill in Green. The company is also engaged in the Forest Commons development in North Olmsted, further expanding its footprint in Northeast Ohio.
Steve Tuckerman, the Midwest regional president of Drees Homes, underlined the company’s optimism regarding their market penetration in Cleveland and the surrounding regions. The appointment of Bunge to this key leadership position reflects Drees Homes’ strategy to leverage talent within its ranks to drive future growth and innovation.
As the company continues to adapt to the evolving needs of the housing market, its commitment to quality construction and customer satisfaction remains a guiding principle. Further comments from Drees Homes have been sought by Crain’s Cleveland Business to gain additional insights into Bunge’s plans and the future trajectory of the Cleveland market.
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Additional Resources
- Crain’s Cleveland Business: Drees Homes Names Chris Bunge to Lead Cleveland Market
- Wikipedia: Cleveland
- Cleveland.com: North Olmsted Planning to Purchase Elementary School Properties
- Google Search: Drees Homes
- News 5 Cleveland: Lorain Family Left with New Home Low Water Pressure Mystery
- Encyclopedia Britannica: Real Estate
- Globe Newswire: Drees Homes Announces New Cleveland Division President
- Google News: Real Estate News
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