Spotlight
Communities near Chapel Hill, NC
$639,000 - $699,990
The View at Highland Park
Durham, NC 27712
3 Floor plans
Fonville Morisey Barefoot
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Popular searches near Chapel Hill, NC
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- Homes in Chapel Hill under 400k
- Homes in Chapel Hill under 500k
- Homes in city Durham under 300k
- Homes in city Pittsboro under 400k
- Homes in Raleigh-Durham-Chapel Hill under 300k
- Homes in Raleigh-Durham-Chapel Hill under 400k
Market Snapshot
Chapel Hill. NC features many of the best home builder communities in Raleigh Durham, but finding lower priced homes has become increasingly difficult. In the last few years, the cost of building a new home in Chapel Hill has increased substantially. Despite the rising trend of housing prices, it’s still possible to design and build an affordable home in the Chapel Hill area. In fact, there are 113 communities and 34 builders in Chapel Hill with homes starting at under $700K.
How to Find Homes in Chapel Hill for Less than $700K?
Many builders recognize there is growing demand in the Chapel Hill area for homes under the $700k price point and often have a few floor plans available, but these may be in limited supply. These brand new homes are relatively affordable. To ensure affordability without compromising on the quality of the home, builders may utilize value engineering techniques to reduce the cost of construction and keep the price of the home as low as possible. This may include building on a smaller lot or utilizing standard-sized materials, such as windows and doors, that provide high-value for the cost. The results are delivering similar quality at lower prices. Like any new home, you are likely to have the low maintenance and lower cost of ownership that makes new construciton a good value in Chapel Hill,