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We are coming from California this summer, and wanted to know who owns in brand new housing developments under $250,000. Can anyone tell me the pros and cons of their particular area. We have a son going into 4th grade. Can you all help me as we don't know any of the areas yet.
We would love the school's to be great, and have shopping close to us.
I'm not aware of any new housing developments, but I would be shocked if there weren't any, given the extremely high demand here. I can tell you that per state law, all subdivisions with more than 20 homes (which is practically all of them) built after 1999 are required to have an HOA.
Just a quick check and I found Old Milburnie Crossings in Raleigh. If you don't mind a town home there are some in Kitts Creek (Morrisville) that might work for you. The homes in Durham would probably be cheaper but the schools are hit and miss. Cary and Morrisville have better rated schools but you may have a longer commute to get to work. I just purchased a house in Morrisville primarily for the schools that the neighborhood is zoned to. If you search on zillow you can look at the neighborhood and see what schools it is zoned for. Just keep in mind that if those schools are full they may send the child to another school in the district.
I can't help on the school situation, but would comment that your work site should absolutely be considered when purchasing. Commuting around here is a fairly miserable experience, from what I've seen. Makes me even happier that I'm retired.
But ultimately, a good realtor familiar with new build communities will be your best ally and best friend. Don't go to a model home without your own realtor. EVER.
Why new? If you looked at already standing homes you'd really open up your price range to some wonderful homes in great areas.
Agreed. For a single-family home that is new construction in a decent, safe neighborhood with good schools, 300k will be a stretch. For the same features, a resale home would be more likely a better buy.
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There are TONS of new homes under $300,000 in desirable areas.
Plenty of them in Clayton, which is Johnston County.
Plenty of them in Wake Forest, Cary, Holly Spring, Fuquay Varina.
You'd need to make your criteria a bit clearer but if you are only looking for new with good schools, I'd definitely say there are plenty!
Last edited by RedZin; 05-24-2014 at 09:06 PM..
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