Description of 484 Steeplechase Blvd, Clayton, NC 27520
Listing details for 484 Steeplechase Blvd, Clayton, NC 27520 : The Palmary floor plan by Del Webb is one of the most sought after layouts in Carolina Overlook, and historical sales data shows a clear price premium for existing homes compared to base builder models. The Base vs. Aftermarket Reality When analyzing the Palmary layout, which is typically a 1,858 to 1,881 square foot ranch with 2 to 3 bedrooms, the sales trend falls into two distinct tiers. The Builder Base Cost Del Webb currently prices a brand new, not yet built Palmary starting at $508,990. The Lot and Selection Markup When purchasing a brand new build, options such as a prime lot close to the clubhouse, an extended screened porch, structural upgrades like a flex study with French doors, and designer finishes can typically add $40,000 to $80,000 to the base price before closing. Recent Sales and Listings for the Palmary Plan Historical tracking of this specific layout within Carolina Overlook shows that resales with similar high tier upgrades consistently trend between $540,000 and $580,000. The Baseline Resale Trend Basic or more standard Palmary layouts with entry level design packages typically sell closer to $515,000 to $530,000 in the local resale market. The Premium Upgraded Trend Premium Palmary builds featuring major structural and design upgrades, such as added ceiling beams, custom wallpaper, high end plantation shutters, and other elevated finishes like those seen at 484 Steeplechase, regularly trade near the $550,000 to $575,000 range. The Bottom Line on Sales Trends At $549,000, 484 Steeplechase is priced below what a buyer would likely pay to build a brand new Palmary with similar upgrades today. However, because this home was built in 2023, it allows the buyer to skip the 6 to 9 month build time and enjoy high value aftermarket additions, including custom closets and window treatments, that builders typically do not include.