Heritage Wake Forest has just announced brand new homes in the sub $300,000 price point.  As a matter of fact, prices in this new section of Heritage are as low as $220,000 for a 1927 square foot detached single family home with an unfinished walk up attic.

And just in case you’re thinking that these new homes are stuck away in some remote, less desirable part of Heritage Wake Forest, think again.  They are located in a very visible area near one of the neighborhood’s cornerstone features – Forgotten Pond.

The builder, Terramor Homes, is planning to do spec homes at a pretty aggressive pace, given the still slow Raleigh real estate market.  The photo at the beginning of this article shows four spec homes of which 3 are already sold.  Some smart home buyers are even beginning to do pre-sales to make sure they get the lot of their choice.

Heritage Wake Forest has traditionally been a $350,000 plus neighborhood with some of the larger custom homes priced over $700,000.  Plans to build these large, highly custom homes have not been abandoned. But a conscious decision has been made to address one of the hottest areas of our market, the sub $300K price point, which accounts for 75% of all sales in Wake County.

In the past two weeks I’ve already shown these new Heritage Wake Forest homes to several clients and have one who is planning to either do a pre-sale or try to catch one of the new spec homes coming out of the ground in the next 30 days.  My prediction is that this area will sell out fast and the developer at Heritage Wake Forest will have to give serious thought to allocating another part of the neighborhood to this price point.

Of course the decision to build this product was made based on market conditions.  If those conditions change, and the market shifts back towards higher a volume of large, high-end, custom homes, this could be a limited time opportunity to get into this sub $300K price point in such a fantastic neighborhood.

Here is a list of the neighborhood amenities available in Heritage Wake Forest

• Two swimming pools
• Lazy river
• Tennis courts
• Golf course
• Walking trails
• Fishing pond
• Soccer field
• Parks
• Playgrounds
• Neighborhood shopping & restaurants

If a brand new home in a neighborhood like Heritage Wake Forest interest you, priced between $220-300K, contact me to find out more and to schedule your personal tour of this amazing community.

Greenbrier is a new townhome community in North Raleigh. Prices range from $129,000 to $161,000.  There are 2 and 3 bedroom models available.  Five floor plans make up the layout choices in this Centex built community.

Each Greenbrier townhome is energy efficient and carries the Centex Energy Advantage certification.  Lots of little things, like placing the water heater in a heated space, work together to save you money on your utility bills.  As a new home owner you will get a power monitor that can be used to determine where the big energy usage is occurring in your new townhome.

Here’s a visual tour of the Greenbrier neighborhood:

The Greenbrier townhome community in North Raleigh might be just the place for you if you want a combination of easy living and convenient location.  It is located near the major intersection of I-540 and Capital Blvd.  But it’s just far enough away to keep you off those busy streets.  The entrance is actually off Old Wake Forest Road.

You will be just a short drive down I-540 to Research Triangle Park (RTP), and the RDU Airport.  And it’s just about a 20 minute drive down Capital Blvd. to Downtown Raleigh. If you don’t feel like taking a ride, no problem.  About 2 blocks away is Triangle Town Center Mall. There you will find plenty of shopping, restaurants, a book store, and plenty of common areas to rest your feet while out and about.  Be sure to watch the short visual tour (below) about Triangle Town Center.

Here are the neighborhood specs for the Greenbrier Townhomes:

• $107 Avg $/SqFt
• $92 Low $/SqFt
• $115 High $/SqFt

• $143,000 Avg Price
• $129,000 Low Price
• $161,000 High Price

Available Models:

Search ALL townhomes for sale in Greenbrier

If you’re interested in buying a home in North Raleigh, and you would like to know more about the care-free living style at Greenbrier Townhomes, just give me a call and I’ll schedule a private showing for you.

One of the things I hear from lots of clients is that today’s homes just don’t have the character they are looking for.  If character is what you want, you might want to consider purchasing an older home in one of Raleigh’s more established neighborhoods.

One of the best spots in Raleigh for this is known by the locals as Inside The Beltline. Many homes in this area  range from turn of the century to the mid 50s and are guaranteed to give you the perfect canvas for a successful remodel project.

I just listed and sold such a home on Lake Boone Trail.  It was built in 1953 and was definitely full of character.  My client inherited the home from his parents and it was in serious need of updating.  This great old home was the perfect remodel candidate.

From the real hardwood floors hiding under dated carpet, to the unique architectural style, to the beautiful brick retaining wall out back, to the amazing location, this home offered huge potential for the right buyer.

Prior to listing we had a home inspection completed and then got quotes for repairs and improvements from several of the area’s best contractors.  This went a long way to ease the uncertainty that buyers might have about such an old home.  Since the seller wanted to sell as-is and did not want to invest in any of the repairs himself, we had to lower the price a little bit, but eventually ended up with multiple offers.

My best guess is that the person who ended up buying this home could do a complete remodel and end up building at least $50-75K of equity for themselves.  And they will have a one of a kind, beautiful home in one of the most sought after locations in Raleigh.

Interested in finding a good remodel canvas for yourself?  There are lots of good opportunities out there and in this market the price is right too.  Give me a call and I’ll be glad to answer any questions you might have about how to have a successful remodel experience.

Map Based Search of Inside The Beltline

Despite the sluggish real estate market, sales of new homes at Highland Creek by Centex have been remarkably good.  One of the reasons why might be the commitment to open the 11,000 square foot resident’s lodge and 8-lane junior olympic sized pool in 2009.

The resident’s lodge opened early this year and the grand opening for the pool is scheduled for May 30th.  The resident’s lodge at Highland Creek has a fully equipped fitness center, a grand hall area, a gameroom complete with a pool table, card tables and fooze ball tables.  Sounds like fun, huh?

Residents at Highland Creek have access to all this, plus a full time Lifestyle Coordinator who plans some really neat activities for the community.  These activities include recipe exchanges, casino night, golf clinics, adult kickball (that could be dangerous!), holiday themed parties, kid activities, and more.

And the pool… well it is just plain awesome!  Take a look at these preliminary photos.

Highland Creek Pool

Lodge Back Porch Overlooks Pool

Related Articles

Highland Creek by Centex

Wakefield in North Raleigh is a great neighborhood with something for everyone!  Located on over 2,000 picturesque acres, Wakefield is one of Raleigh’s premier planned communities.

Wakefield offers a wide range of housing, from townhomes to estate homes, that will fit most any budget.  The homes at Wakefield were built by some of the area’s top builders and are filled with custom features.  Homes around the golf course offer spectacular views and many are on generous sized lots.

The centerpiece of the neighborhood is a Hale Irwin designed, 18 hole TPC golf course.  The associated Wakefield clubhouse offers private dining, an aquatic center, tennis and fun activities for the whole family.

Within the community is just about everything you will ever need.  There are three shopping centers that provide restaurants, grocery stores, a movie theater, coffee shops, banks and much more.  There are child care facilities, a YMCA, and an elementary, middle, and high school right in the neighborhood.  Many of the people I have sold homes to in Wakefield enjoy the fact their kids can walk to school and the YMCA.  Does that remind you of when you were growing up?

A brand new Rex Healthcare wellness facility just opened and as of this writing there are a few more spots for retail facilities to be built as well. Everything you need is truly provided in this awesome neighborhood.

Search ALL Wakefield homes for sale

The Highland Creek neighborhood is located in Northeast Raleigh at the intersection of Louisburg Road (Hwy 401N) and Forestville Road.  This new community is one of Centex’s largest projects.

There is a home for sale in Highland Creek for just about any budget or lifestyle.  This diverse community features Townhomes from the $130s, ranch homes from the $240s, and traditional single family homes from the $270s.

All homes are constructed from low maintenance building materials and feature lots of stone and brick accents.  The attention to detail is obvious with upgrades like gourmet kitchens, large family rooms, grand master suites, custom trim packages, and much more.

An amazing 11,000 square foot Resident’s Lodge is under construction that will feature a fitness center and 2 pools, one junior olympic pool and a recreation pool.  There will also be tennis courts, a soccer field and 11 miles of sidewalks and neighborhood trails.

For more information call Bob Fortner at 919-602-7000 or send me an email.

Related Articles

Highland Creek Pool Opens Soon

Downtown Apex is a very nice, quaint, small-town North Carolina downtown area.  As a matter of fact, it’s listed on the National Register of Historic Places.  There are antique stores, old fashioned soda shops, and shops like the Tobacco and Mule Exchange.  Sprinkle in a little culture over at the Halle Cultural Arts Center and great restaurants like Peak City Grill and Bar, and you have a perfect blend of historic charm and interesting things to do.

Sounds great, doesn’t it?  Well, in the very near future, this area will be expanded with modern commercial, retail, and residential buildings.  That’s right.  The Villages of Apex is well under way!

The Villages of Apex will occupy a very large tract of previously undeveloped land just north of the existing downtown Apex area stretching up to US-64.  (Click here and zoom out for a map) Great care has been taken to ensure that the new buildings and development will compliment the existing downtown area.  The City of Apex is said to have worked closely with the developer to come up with a plan that makes what they already have even better.

There will be Class A office space within walking distance of residential homes.  Townhomes over retail shops and condos over cafes, coffee shops, and specialty boutiques are examples of what this urban village will look like when complete.  Great restaurants, shops, and store are all just a short walk away.

There will also be single family homes built by some of the areas finest custom builders.  Plans also call for a private school and an amenities center  that includes a fitness center, aerobics, and a pool.  There will be lots of green space with a community park and walking trails throughout.

Personally, I’m glad to see something like this coming on such a large scale.  I get requests from buyers for this kind of thing all the time.  Especially people relocating to the Raleigh area who may be coming from an area where urban living is prevalent.   Until now, downtown Raleigh was really the only choice for the urban lifestyle.

Be sure to check back often for updates.  I’ll get some photos and more information on homes for sale in The Villages of Apex posted real soon.

I was just out at the sales center for Heritage Wake Forest and found out about some exciting new developments. If you’ve always wanted to be in this awesome community and were afraid it might sell out before you were ready, fear not.

In addition to the 121 new construction homes in inventory right now and the 67 re-sale homes, over 200 brand new lots have just been released. Opportunities for new homes for sale in Heritage will be going on for a while.

The other neat thing I found out is there is a brand new park with a very nice pond feature that is just about complete. I drove by it and it will be an really nice park area for the neighborhood. I didn’t have time for photos, but I promise to take some in the next few days and write another article.

Click here to take a look at some of the homes for sale in Heritage Wake Forest?

A new community has opened in the popular Cary Park area. It is a small neighborhood of 64 home sites called Bellemont at Cary Park. I was just there at a broker open house a few weeks ago and was quite impressed.

Piccola Builders is building custom homes at Bellemont with lots of attention to detail. Prices start in the mid $300s. These homes feature upgrades such as screened porches, unfinished walk-up attics, tankless water heaters, granite countertops, gas stoves, trey ceilings, hardwoods in the living areas, and ceramic tile in the bathrooms. Some homes even have basements. A rare find in our market. The models we toured feel well built and look great.

Here is a list of homes currently for sale in Bellemont at Cary Park

2925 sq/ft, 3BR/2.5BA, basement, $408,174

3120 sq/ft, 3BR/3.5BA, basement, $440,772

3120 sq/ft, 5BR/4.5BA, $408,870

2999 sq/ft, 5BR/4.5BA, $393,500

There are currently up to $10,000 in discount options and up to $3,000 in builder paid closing costs available for a limited time, with certain restrictions.

This location cannot be beat, especially if you work in the Research Triangle Park (RTP) area. Folks who work at IBM, Cisco, Ericsson, SAS, or any of the other high tech employers at the park will really appreciate the short drive to work.

And there are plenty of amenities nearby too. The Cary Park Club with 2 pools, a waterslide, playground and clubhouse is available to all Bellemont residents. There is also a 28 acre lake nearby and 2 miles of walking trails. Just a few blocks away is the brand new Cary Park Village Center which I’m told will be home to very good assortment of restaurants and shops.

If this sound like a place you want to know more about, just give me a call at 919-602-7000, or send me an email.

Search all Cary homes for sale

I just got word that Vanguard Homes is running a special for the month of March on completed inventory at their townhome community in Morrisville.

There is an $8,000 incentive for any purchase that closes by March 31st. This incentive can be used any way you choose. You can purchase upgrades, reduce the price, or apply some of the money towards closing costs.

This ends up being somewhere around a 4% discount. That’s approximately one year’s equity… in your pocket.

Here’s a link to the inventory list.

Townhomes for sale at Keystone Crossing in Morrisville

If you’re ready to buy now, give me a call and let’s make an appointment to go visit this wonderful community.

Related Articles

The Townes at Keystone Crossing