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Old 12-13-2010, 09:22 AM
 
210 posts, read 705,309 times
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Does anyone have any recent experience they can share on building with Toll Brothers since the housing boom slowed?

I used to read horror stories about people's experiences, and wonder if the company has changed/improved at all since house building has slowed.

Always like to hear about a company's turn around if the case may be.
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Old 12-13-2010, 10:44 AM
 
Location: Durham, NC
305 posts, read 711,998 times
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I'm building with them right now, and have to say it's been a good experience overall. I haven't hit any real snags, and I'm happy with the quality of the product and the communication with the sales and construction staff. Despite the downturn they really didn't give much room for individual negotation, but the overall incentives were reasonable. I'm sure it's slowed from the boom, but with the number of houses going up in the development, it's still moving well. Did you have any specific concerns in mind?

Last edited by xylemphloem; 12-13-2010 at 10:45 AM.. Reason: typo
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Old 12-30-2010, 12:45 AM
 
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Hi xylemphloem, We just visited their site at the Manors, Can you please elaborate more on incentivevs and negotaiation part, some of the lots are very small compare to other lots..do they negotiate for that reason??
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Old 12-30-2010, 07:25 AM
 
Location: Durham, NC
305 posts, read 711,998 times
Reputation: 356
I'm in Durham, not Cary, so things may be different with the sales staff there. But as far as lots go, "nicer" lots (based on size, location, what they back to, etc.) have an associated premium. So a really small lot that backs to another house's backyard or a main road may not have a premium charge, but a bigger, basement-ready lot that backs to a protected greenspace may add $30K+ to the overall price tag. They don't give you a discount for a lesser lot -- they charge you for nicer ones. My comment on negotiation vs. incentives is in comparison to some friends who have built with other folks in the area. Some builders have obnoxious list prices for base plans and upgrades, but will "work with ya," give you "50% off, this week only!" or otherwise play negotiation games on pricing. At Toll, our experience was that the list price was the price, we knew what incentives were available very early in the process, and they didn't play negotiation games. If you like wheelin' and dealin' and consider yourself good at it, this will likely be frustrating. If you like knowing what things cost and building a budget from there, it's a nice process.
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