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You are here: Home / - Featured / Toll Brothers opens 3 new neighborhoods in Apex

Toll Brothers opens 3 new neighborhoods in Apex

February 12, 2016 By Marianne Howell Wright

 

Contents

Toll Brothers Apex

Toll Brothers is a large national home builder. They own and develop the land and build the homes. Most people know of them from their tag line “America’s Luxury Homebuilder” I’ve found the models are very luxurious but if you go through a home under construction the buyer may not have upgraded much so the level of finishes varies. They are a production builder and won’t have the same level of finishes as a standard as one of the local custom builders. They have a big list of options and structural options to help make the home your own.

Toll Brothers are advertising themselves as green builders too. Green building can have a lot of meanings. I usually compare HERS ratings to get a more realistic idea of energy efficiency. 

One of the things Toll Brothers does very well is marketing. I thought this construction fence was mesmerizing. It’s really tall and the pool in the photo looked inviting even in winter.

Toll Brothers

I drive by the development sites for the three new Toll Brothers neighborhoods almost daily on my way from Chapel Hill to Cary. The neighborhoods are in Apex but not what I would think of as Apex. Just across the street (Green Level Rd. and Roberts Rd.) it’s Cary. It’s more of a West Cary location.

Toll Brothers map

Putting the roads in for the development has seemed to take a long time and I wondered if we would ever see houses. I noticed some balloons out the other day and realized the time had come to go check it out.

toll

The land has always been country, woods and pastures. The new development seems to blend in pretty well but then it’s just getting started.

Enclave at White Oak Creek

The lots and homes are the largest in this section. There are 40  home sites in the first release. The lots are mostly in the 1/3 to 1/2 acre range. That’s huge for this area. Some of the Enclave lots back up to woods. The initial pricing (early 2016) is from around $515,000 to $563,000 and 2800-3000 sq ft. Options often add 15% and if you do structural options you can go way up in price and sq footage. I would say expect to pay in the 600’s or more as time goes on.

Amenities include a pool, fitness center ,clubhouse, playground and walking trails.

Regency at White Oak Creek

Regency at White Oak Creek

Toll Brothers really does a good job with marketing. I have all of the neighborhoods info in front of me and it would be confusing but I can easily tell what brochure is what neighborhood by a glance at the photos. The Enclave had photos of children and a young couple. I can pick out the Regency marketing materials because of the grey haired models. Regency at White Oak Creek isn’t age restricted but clearly age targeted.

The neighborhood is looking good. Single level homes are hard to find and Regency at White Oak has ranch homes (mostly built on slabs to minimize stairs) and hard to find basements.

It is a huge advantage that lawn care is included in the dues. Base prices are from $382,000 to $420,000. Expect prices to go up as sales are made. All of the homes have 2 car garages. Lot sizes are over 1/4th an acre.

Amenities are shared with the Enclave and include a pool, fitness center ,clubhouse, playground and walking trails.

The Pines at Wake Crossing

The Pines at Wake Crossing are located on Roberts Rd. across the street from a completed Toll Brothers neighborhood, The Manors. It will share the Manors Pool and amenities. It’s also down the street from the  Green Level High School under construction now.

Five different home collections are planned ranging from around $420,000 to about $470,000. That’s the base price. Most buyers add upgrades and lot premiums at around 15%. Add more if you have expensive tastes, want a larger more private lot or want structural options like a sunroom, fireplace, extended rooms, hardwood in your family room or gourmet kitchen.

Some of the lots are private in the back as they back up to wetlands (stream buffer).

Schools

Two new schools are being built in the area, Green Level High School and White Oak Elementary.

Toll Brothers  website can give you the typical builder information.  Contact me before you visit the neighborhoods if you would like me to help as a buyers agent. Why you need a buyers agent for new construction.

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About Marianne Howell Wright

I'm Marianne Howell Wright a Broker and Owner of Triangle Area Real Estate. I have lived and worked in the housing business in the Triangle area for 30 years.
Certified Eco Broker
Serving Chapel Hill,Cary and the Triangle NC
919-274-4365

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About Marianne

I'm Marianne Howell Wright a Broker and Owner of Triangle Area Real Estate. I have lived and worked in the housing business in the Triangle area for 30 years.
Certified Eco Broker
Serving Chapel Hill,Cary and the Triangle NC
919-274-4365



Curious about the best Chapel Hill neighborhoods?

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How I get paid as a buyers agent

If you've bought and sold homes in the past you may already understand how buyers agents get paid but I thought I would go ahead and explain. I always hate wondering about things like this so I thought it would be helpful.
-The seller has a listing contract with a real estate brokerage company to pay a fee for selling the house. It's negotiable but typically 5-6% in the Triangle.
-The Multiple Listing Service was invented for brokers to share their home listings with other brokers in the network and guarantee the agents from different companies would get paid for selling the home.
-The MLS is a promise (contract) by the listing real estate company to pay the selling company(who brings the buyer) a specified fee. In the Triangle this is typically 2.4%-3%. The listing company keeps the rest.
-My commission is already included in the price of the home so you don't save money if you are not represented by a buyers agent.
-Builders will also pay my fee if you let them know you are represented and include me in the first or early visit.
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