Monday, November 4, 2013

Future North Raleigh Development - 2,250 New Homes

Future North Raleigh Development - 2,250 New Homes

New Home Construction Beginning Summer 2014

Located in North Raleigh off I 540 and and NC 401, this future development will provide for much needed new home inventory in the N. Raleigh area. A sign of improving economic times is often measured in new home starts. This new project along with several others around the Triangle are further proof that Raleigh market is improving.

This major construction project is slated to begin soon with infrastructure improvements beginning this year and homes planned to start construction as early as Summer 2014. The development is near the WakeTech Northern Wake Campus and in addition 2,250 home sites it will also include 1 million square feet of office and retail space.
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The tract of land known as the 5401 North development was recently purchased by a Louisiana home building company for $12.9 million. Several builders will be chosen for the project. One of which is Level Homes who are also involved in more local new home construction projects: Ellington Place in Apex, The Estates at Westhigh in Cary and Cardinal Oaks in Durham. Level Homes recently opened a satellite office in downtown Raleigh to manage all of the new projects in the Triangle area.

The 5401 North property will connect with the 28-mile Neuse River Greenway and will have its own elementary school and middle school. Riverbend Elementary opened in 2008, and the middle school is scheduled to open in 2017.

Are you looking for New Construction Homes in the Raleigh, NC area?

If you are considering purchasing a new home from a builder, keep in mind that the '"on-site" Agent and the builder are looking out for THEIR bottom line, not yours. It's always a good idea to have Buyer Representation when purchasing a new home. It doesn't cost you anything, Most reputable builders will work with buyer's agents and pay real estate fees.

When you work with the Don Johnson Real Estate Team, working as your Buyer's Agent, we will look out for YOUR best interest. Our team will negotiate the best price, terms and conditions for you. 

Our team knows what to ask and what to look out for in new construction purchases.

Don is a licensed General Contractor, a licensed Home Inspector and a Real Estate Appraisal (T) so he knows what upgrades should cost and he can quickly identify issues during construction. Having teh Don Johnson Real Estate team on your side, will save you time, money and aggravation along the way. You have nothing to lose and everything to gain.

Before you make a new construction purchase, contact the Don Johnson Real Estate Team.

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