Press release

KB Home Debuts State-of-the-Art Smart Home and Personal Wellness Technologies at Genoa at Orchard Hills in Irvine

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For the first time, KB Home (NYSE: KBH) is offering homebuyers the
opportunity to purchase components of the integrated health and wellness
and smart home technologies debuted at their concept home of the future,
KB Home ProjeKt: Where Tomorrow Lives. ProjeKt was unveiled earlier this
year in conjunction with the Consumer Electronics Show®
(CES) in Las Vegas and certain features are now available at KB Home’s
latest community in Irvine, Genoa at Orchard Hills.

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State-of-the-art smart home and personal wellness technologies now available at KB Home's Genoa at O ...

State-of-the-art smart home and personal wellness technologies now available at KB Home’s Genoa at Orchard Hills. (Photo: Business Wire)

The homes at the new community offer optional energy independence and
innovative technologies from Delos’ DARWIN™ Home Wellness Intelligence
network, high-efficiency SunPower® solar, and the Powerwall
energy storage and management system provided by Swell Energy.

In addition, all KB homes at Genoa at Orchard Hills offer the
proprietary KB Smart Home System featuring Google Assistant™, which
allows KB homeowners to control the functionality of their smart-home
features, automate routines to their individual preferences and live
more comfortably and efficiently in their new homes. Together, these
systems can provide one of the most efficient, technologically advanced
and fully integrated smart homes available today from a national
homebuilder.

“The KB homes available at Genoa at Orchard Hills offer our customers
smart solutions for energy independence while supporting personal
wellness for homeowners and their families,” said Steve Ruffner,
regional general manager for KB Home. “Buyers are seeking homes that
deliver on energy efficiency and promote healthier home environments.
This new smart home delivers on that.”

Every KB home at Genoa is designed to meet U.S. Environmental Protection
Agency (EPA) Indoor airPLUS qualification standards to provide a home
environment that is cleaner, quieter, healthier, more efficient and
better performing compared to typical new and resale homes in the area.
In addition, Genoa offers homebuyers the option to integrate Delos’
state-of-the-art DARWIN Home Wellness Intelligence network, a powerful
responsive platform that passively monitors and calibrates the home
environment to help support health, performance and well-being.

KB Home is the first U.S. production homebuilder to offer this
innovative home wellness technology, which comprises a proprietary
sensor-monitoring platform and solutions across air filtration, water
purification and restorative lighting. DARWIN can be controlled from a
smartphone app, stand-alone tablet or Google Assistant, offering the
freedom to control and access wellness intelligence throughout the home.

All homes at Genoa at Orchard Hills will be built to ENERGY STAR®
certification guidelines and include WaterSense® labeled
faucets and fixtures, as well as fully integrated 2kW SunPower Equinox™
solar photovoltaic systems as standard features. Only 10 percent of new
homes in the U.S. are built to ENERGY STAR certification guidelines and
even fewer offer solar power. As such, the KB homes at Genoa at Orchard
Hills are designed to be more energy and water efficient than most
typical new and resale homes available in the area. These energy- and
water-saving features are estimated to help save homebuyers up to $2,000
a year in utility costs, depending upon the floor plan, which adds up to
potential savings of over $60,000 over the life of a 30-year mortgage.

These KB homes also offer the option to expand to an
electricity-independent home with a larger solar power system and energy
storage unit that has built-in intelligence to provide the home with its
energy needs at night or when demand is more than what the solar system
can provide. These options can potentially keep a home’s electricity
bills and carbon footprint near zero.

Prospective homebuyers who visit Genoa at Orchard Hills can experience
the integrated KB Smart Home System and other innovative technologies
firsthand. KB Home plans to construct 110 homes in three distinct
two-story floor plans that range in size from 3,550 to 3,950 square
feet. These modern KB homes include up to five bedrooms and
four-and-a-half baths and feature desirable design characteristics like
downstairs bedroom suites, sleek gourmet kitchens, elegant master
suites, lofts and a private yard, ideal for entertaining. Pricing begins
at $1.7 million.

Genoa at Orchard Hills model homes and sales center is located at 57
Suede in Irvine, Calif. From I-5 or I-405, exit Culver Dr. heading east.
Turn left on Furrow, right on Woody Knoll, left on Fallen Branch, left
on Ruby Hill and left on Suede. The sales center is open, Mondays, 1–6
p.m., and Tuesdays–Sundays, 10 a.m.–6 p.m. For more information about
Genoa at Orchard Hills or KB Home’s other new-home neighborhoods, visit www.kbhome.com
or call 888-KB-HOMES.

About KB Home

KB Home (NYSE: KBH) is one of the largest homebuilders in the United
States, with more than 600,000 homes delivered since our founding in
1957. We operate in 38 markets in eight states, primarily serving
first-time and first move-up homebuyers, as well as second move-up and
active adults. We are differentiated in offering customers the ability
to personalize what they value most in their home, from choosing their
lot, floor plan, and exterior, to selecting design and décor choices in
our KB Home Studios. In addition, our industry leadership in
sustainability helps to lower the cost of homeownership for our buyers
compared to a typical resale home. We take a broad approach to
sustainability, encompassing energy efficiency, water conservation,
healthier indoor environments, smart home capabilities and waste
reduction. KB Home is the first national builder to have earned awards
under all of the U.S. EPA’s homebuilder programs — ENERGY STAR®,
WaterSense® and Indoor airPLUS®. We invite you to learn more about KB
Home by visiting www.kbhome.com,
calling 888-KB-HOMES, or connecting with us on Facebook.com/KBHome
or Twitter.com/KBHome.