Home Buying in Raleigh>Question Details

Pm Baker, Home Buyer in Chicago, IL

Moving from Chicago to Raleigh. Looking for newer 5 br, & great public elem. schools. $900K max. Advice?

Asked by Pm Baker, Chicago, IL Thu Aug 21, 2008

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Hi Ms. Baker,

The luxury home market in Raleigh is much weaker now that is was just a year ago which makes it a great time to buy. The supply of homes in the area has risen 130% from 2005 and 250% in North Raleigh alone! Because of the big building and relocation boom there are many new home neighborhoods to choose from.

Raleigh has the highest % of sales of Luxury homes in the Triangle followed by Cary. Here are a few luxury home neighborhoods you should consider in the N. Raleigh area that have larger lot sizes, great schools, and community amenities.
• North Ridge
• Traemoor Village
• Bent Tree
• Bedford/Falls River
• Glenlake South

Another great choice would be Inside the Beltline where they are tearing down many of the older homes and rebuilding. You don’t quite get the as much home for the money but it’s another great option with fabulous schools.

Country Club Hills
Budleigh

If you are willing to go outside of Raleigh Wakefield Plantation in Wake Forest is a fabulous Country Club community. I hope this helps in your search to find the perfect home!!
1 vote Thank Flag Link Fri Aug 22, 2008
Hi PM Baker,


You have a lot of options. What lot size would you require, any other prerequisites?
Here is site to the schools as well as some other informative sites:
http://www.wcpss.net/
http://www.dpi.state.nc.us/accountability/
http://www.schoolmatters.com/schools.aspx/q/page=hm

Cary is a great city that has garnered numerous awards and accolades from Money Magazine & Fortune Magazine. The schools are some of the best in Wake County.
Here are some preliminary subdivisions that may fit your request:
Cameron Pond
Cary Park
Churchill Estates
Weycroft
Highcroft
Wren Meadow
Jamison Park
Governors Row
Copperleak
Greyhawk Landing
Chessington

Good luck!
Lizete
Web Reference: http://www.LizeteSantos.com
1 vote Thank Flag Link Thu Aug 21, 2008
Hi Pm Baker,

How about lot size, what are e looking at there? At that price point you really have so many great options n the area. I relocated here many years ago from CT. and love the area. It is a great place to raise a family and itsounds like you might have one with needing 5 bedrooms. :-) I have helped numeous amounts of people relocate to the area, and many from the North. I know lately they have been telling me no more cold windy weather is what they are looking for and a slower pace of life. I'd love talking with you, and if your planning a visit to the area anytime soon I would be happy to show you around and show you some homes that might fit your criteria. You can email me at forghettid@hpw.com and contact me anytime.
0 votes Thank Flag Link Sun Jan 4, 2009
Hi Pm Baker
I would love to help you find your new home, you will love this area. If you would like some useful information please visit my website.
Michael
Web Reference: http://www.colvinm.hpw.com
0 votes Thank Flag Link Fri Jan 2, 2009
Hello,There are many great neighborhoods that match your criteria.,The Renaissaince at Regency and Copperleaf are a couple neighborhoods.I would suggest spending some time with a qualified Realtor driving the area and getiing a feel for potential homes and ask as many questions as possible.You will know when the house and the area feels right to you and your family.

Happy New Year
0 votes Thank Flag Link Thu Jan 1, 2009
Also, my house was just aprised for $1.175,000.00 It is listed for $995,000.00 I would definately take $900,000.00
0 votes Thank Flag Link Thu Jan 1, 2009
Take a look at my house, Go to 5001 Deer Creek Trail Raleigh NC 27616 It is listed with Martin Hampton.
It has a generating income of $1800 monthly from rent of the barn.
0 votes Thank Flag Link Thu Jan 1, 2009
Not sure what you mean by 'newer'. I have a 4200 sq ft home on a fenced acre in an excellent school district that is basically 20 minutes from RTP, downtown Durham or downtown Raleigh. Here is a link.
http://home.nc.rr.com/maple/
Contact info is on the web page.
0 votes Thank Flag Link Tue Oct 28, 2008
Pm Baker,

First, I'd like to apologize for a delayed response. I am a new agent to the Trulia Connection, but felt it was still worth a response to you.

It looks as if you have gotten a lot of very good advice from other agents in the area. The West Cary area and portions of North Raleigh do offer the best in schools for all grade levels. Both offer housing options that meet your criteria. There are many sellers holding off until after the election and some until after the holidays until they list their property. There may be some house options there, so be sure to ask whomever you work with if they or any agents within their sphere of influcence may know of these upcoming opportunities. The market is slow right now, even moreso than is typical for the fall, but the expectation (and hope) is that things will pick up after the first of the year. I would love to talk with you more about this and also would like to share details on my background in specializing with relocation if you have not already secured buyer representation. If you have, best of luck and welcome to the Triangle area!! I know you will love it here!

Miki Davis
Broker
Relocation Specialist
Coldwell Banker Advantage
919-796-2233
LuxuryHomes@mikidavis.com
Web Reference: http://www.mikidavis.com
0 votes Thank Flag Link Sat Sep 27, 2008
5 bedrooms! It sounds like you have a houseful! Take a look at Wakefield and see if that is doable with your new work location. Those kids will need OTHER nearby children to play with...

Best of luck!

Barry Dunn
Keller Williams Realty Professionals
Fort Lauderdale, FL 33308
0 votes Thank Flag Link Sun Sep 21, 2008
In Raleigh (Wake County Public Schools) we do have excellent schools - #3 for our size nationally the last time I saw ratings. Here's a great link to the official scores and info for every public shool in Wake County.

http://www.ncreportcards.com/src/search.jsp?pYear=2006-2007&…

WIth the school question out of the way, you really can find the type of home you seek all over Wake County, not just Raleigh. The next question would be what location (job, downtown, etc) you are looking for? Also, coming from Chicago, what is "newer" to you? I've helped clients from large cities for whom something built in a transitional style since 1990 is newer. Of course, it might vey well be since 2005 - but you'll have choices either way!
0 votes Thank Flag Link Sun Aug 31, 2008
I moved from Chicago in 2005 with my wife and two children. I would love to help you find your new Raleigh home. You will love it here - especially the winters. We had a home in Rockford, Illinois and a condo in Streeterville in Chicago. Let me know if I can help.
0 votes Thank Flag Link Sat Aug 30, 2008
Dear Pm Baker,There are great opportunities in the Raleigh area for a Buyer.The market is relatively strong but there are pockets where a buyer is in the driver position.
I would reccommend spending a weekend in the area and aquiring a feel for what best fits your criteria.
Let me know if we can be of service.
Regards
Roger Kenney
0 votes Thank Flag Link Fri Aug 22, 2008
Here is the bottom line. North Raleigh and Cary have some of the best schools. We have not faced the same decline in the market as rest of the country, but you can buy a 1.3 million dollar house for under 900K. I know this because I am currently working on 200 short sales. Let me know if you would like additional info. at info@localrealestatesolutions.com
0 votes Thank Flag Link Thu Aug 21, 2008
Lizette has offered you some superb suburban communities to consider in Cary and Morrisville.
If you prefer to be closer to Raleigh, you have many choices among newer or new and infill custom-built construction "ITB," Inside The Beltline," or just outside the Beltline.

I-440 freeway that circles downtown Raleigh is the referenced "Beltline."
Great elementary schools serve these established neighborhoods, near all the services and shopping one could desire.
Web Reference: http://MikeJaquish.com
0 votes Thank Flag Link Thu Aug 21, 2008
There are many homes that will likely meet your criteria. May good areas like the Brier Creek area, Cary, West lake School, Apex Schools, Wake Forest - Heritage area. May good areas and some of the best schools in the state are in Wake county.
Also when you are looking down here, make sure who ever you are working with, has a Buyers CASH back program where you can get represented for free and get money back. our company give 1% of the purchase price back.
Web Reference: http://www.Triangle-NC.com
0 votes Thank Flag Link Thu Aug 21, 2008
Good Afternoon!

I have some friends from Chicago who visit NC every year for a beach trip...congrats on deciding to move to the area. I was a former educator in the public school system in Wake County, so there are lots of quality schools and teachers and the expectations are pretty stringent. Wake Co. has some of the highest SAT scores in the state and the Raleigh area itself has more PhD's per capita than any other city due to its proximity to 3 major universities.

I like the Brier Creek area, which is near my office, but I'm including a few listings for you to look through in this link : http://trianglemls.mlxtempo.com/Pub/EmailView.asp?r=13682154…

Here are some accolades this area has received in recent years...it's definitely a wonderful place to live (day trips to the beach and mountains) and still has plenty to do even though it's a smaller city.

Kudos received by the Raleigh Area in recent years:

#1 Best Place to Live
#1 Best Place to Sell a Home
#1 Place for Business
#1 Best Place for Business and Careers
#1 Best public University value (UNC)
#2 Hottest Job Market
#2 Kiplinger's Best US Cities to Live, Work and Play
#2 Best City in the US for Relocation
#2 Most Educated City
#2 Best Public Education System
#3 Best Place to start a business
#3 Best Market for Relocating Families
#3 Best Place for Relocating Singles
#3 Area in nation in Biotechnology
#3 Techiest Metro
#3 Most Romantic City for Baby-Boomers
#4 Best Places to Live
#4 Best City for Young Singles
#4 Top Metro for Employment
#5 Best Private University value (Duke)
#5 Most Recession-proof City
#6 Best Metro Business Climate
#6 Most Wired City
#7 Business Boomtown
#10 Best Performing City
#12 Best Place to Live and start a Business
#13 Overall Quality of Life
Top 10 List of Site Selection location
Top 10 Best Place to Find A Mate
Top 7 "Cool Cities"

If you have any other questions, feel free to send me an email via my website at http://www.wendynormanonline.com. Please let me know if I can help with your home search and if you are scheduling a visit to the area soon, you can call me at 919-785-4240 to get some showings set up.

Thanks and have a wonderful day!
0 votes Thank Flag Link Thu Aug 21, 2008
Hi Pm Baker,
You have lots of options, Cary is a good choice, Brier Creek is also a good choice, in your price range you have a wide open playing field. If you send me a little more about your needs I will send you some homes to look at. ie what you would prefer as far as location as far as jobs and lot size etc. Thanks, Michael colvinm@hpw.com
Web Reference: http://www.colvinm.hpw.com
0 votes Thank Flag Link Thu Aug 21, 2008
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