New construction in Burlington ranges from about $220k at entry level pricing. Keystone Homes lists plans at Brassfield Meadows starting at $299,990, and a Stanley Martin home at Kernodle Landing on 2.51 acres is listed for $522,990. The lot size and the builder make a huge difference in pricing.
Henley Village is listed as coming soon, but pricing has not been released.
North Carolina values property as of January 1 each year, and a house still under construction on that date is assessed on its percentage of completion. If you close on a home that was a slab or a frame last January, the first bill may cover little more than the lot. The full bill arrives the next year, and the lender that set up escrow based on the lower figure can send an escrow shortage notice. Budget for the finished-home tax from day one.
On a to-be-built home, I recommend a private inspection while the framing and wiring are still exposed. A second one before closing catches finish problems. County inspections check code minimums, not the builder's finish quality. I can help walk you through these items at each step of your build process.
Buying or selling in Burlington?
Erin lives and works in the Burlington area. Connect with her for local neighborhood insights or to discuss buying or selling a home.