- Single Story Homes are Scarce
- Do you wonder why there are so few new one level homes on the market?
- One Story homes in Chapel Hill
- 303 Quarter Gate Trace Chapel Hill, NC 27516
- 235 Mallard Landing Drive Chapel Hill, NC 27516
- 1175 Great Ridge Parkway Chapel Hill, NC 27516
- 8 Harlow Bend Chapel Hill, NC 27516
- 564 N Serenity Hill Circle Chapel Hill, NC 27516
- 219 Bluffwood Avenue Chapel Hill, NC 27516
- 2486 Briar Chapel Parkway Chapel Hill, NC 27516
- 2422 Briar Chapel Parkway Chapel Hill, NC 27516
- 227 Bluffwood Avenue Chapel Hill, NC 27516
- 112 Chapel Lawn Avenue Chapel Hill, NC 27516
- 83 Salt Cedar Lane Chapel Hill, NC 27516
- 41 Highveld Avenue Chapel Hill, NC 27516
- 405 Boulder Point Drive Chapel Hill, NC 27516
- 374 Hubert Herndon Road Chapel Hill, NC 27517
- 102 Tyner Loop Circle Chapel Hill, NC 27516
- 91 Hawk Point Road Chapel Hill, NC 27516
- 18 Wild Indigo Way Chapel Hill, NC 27516
- 542 Boulder Point Drive Chapel Hill, NC 27516
- 278 Granite Mill Boulevard Chapel Hill, NC 27516
- 1962 Great Ridge Parkway Chapel Hill, NC 27516
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Single Story Homes are Scarce
So many people want a new single story home and there just aren’t many in the Triangle outside of the few age restricted, over 55 communities, like Del Webbs Carolina Preserve in Cary and Carolina Arbors in Brier Creek near RTP in Raleigh. Chapel Hill has Chapelwood and Culp Arbor (both of these age restricted neighborhoods are in Durham County).David Weekley has an over 55 neighborhood, Encore, in Briar Chapel. See the info about Encore below. Not everyone wants a neighborhood without age diversity. There are a few new single level homes in Briar Chapel that aren’t age restricted. Those are built by Homes by Dickerson and start in the upper 300’s.
Do you wonder why there are so few new one level homes on the market?
Builders have resisted building one level homes for several reasons. Most new homes are built on very small lots. Planning departments have required developers to cluster homes and leave lots of natural area. There just isn’t enough room on the small lots for the larger footprint of a single story home. The least expensive way to build is to go up. The extra foundation on a one level home adds up especially if the lot is sloped. It’s the style to have complicated roof lines that add character to the homes. Roofs are expensive and all of that area under the roof is wasted space. It’s way too much space for just storage. It’s tempting for builders to go ahead and finish that space. They think that after all, it’s not that expensive to do and think of how it brings down the price per square foot. Many people just don’t want that extra finished area ,don’t want to pay for it, and don’t want to clean it. (I hear that a lot!)
I think a good option is for the builder to have a set price for finishing the area under the attic. It should be reasonable based on the cost of doing the work so buyers can have the option to have the extra space if they want it.
One Story homes in Chapel Hill
In the Town of Chapel Hill taxes are high and new homes are scarce, especially single level homes. There are quite a few older ranch homes built in the 60’s, 70’s and 80’s. Those won’t do for a lot of my clients because those homes sometimes remind them of their parents house. If they are downsizing, these older ranch homes may remind them of their first home.
The one level homes in the video below in Briar Chapel in Chapel Hill were all sold out a couple of years ago but there are resales that come up from the mid 300’s to around $500,000.