It is realistic to get a 4,000 square foot home there for around $400,000. In fact a 4,220 square foot home was sold in May for $395,000 by Grand homes.
As you know, the Hills of Kingswood is a beautiful new development in Frisco. They are currently in the first of four planned phases of the community. When complete, there will be 500 semi-custom and custom homes. There are 25 homes completed so far and several more currently under construction.
As others have said, your actual price depends greatly on several factors; including the lot you choose, the builder you choose, and the finish out choices you make. At this time homes are being built by Grand homes and by custom builders of the buyers choice. Custom builders must meet the standards of the architectural committee. Additional builders will be added in the future.
You should never attempt to negotiate the purchase of a new home without the representation of a professional Realtor. Kupke and Tackett have experience in negotiating new home sales and are very successful at getting you the best deal; including a good price, the lot you want, and usually additional builder concessions.
In addition, we already know key people at the Hills of Kingswood. We would be happy to accompany you on a visit and to represent you as you meet the staff and tour the homes.
All our best,
Diane Tackett (214-336-7505) and Joe Kupke (214-288-6608)