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Legacy Lakes Golf Club Community in Aberdeen, NC

As you enter the stunning Legacy Lakes golf club community in Aberdeen, NC you realize why so many have decided to call it home. Legacy Lakes is nestled in the heart of the Sandhills and provides easy access to all that this wonderful area has to offer. Legacy Lakes is just a short distance from downtown Southern Pines and The Village of Pinehurst. Both towns are charming, historic areas that feature local shops, arts and many restaurants. Legacy Lakes is also a short commute to Ft. Bragg and Camp Mackall, making it a unique place to call home for our local service members.

Watch Video to see amenities and homes in Legacy Lakes.

Legacy Lakes Video

Here at Legacy Lakes you have all the amenities at your fingertips. Panoramic views of the Legacy Links golf course is just one of the perks of living in a golf course community. The Sandhills region of North Carolina is a golf mecca featuring over 40 championship courses. Right here inside Legacy Lakes there is a 4.5 star, Jack Nicklaus Design Group golf course that has ranked one of GolfWorld’s top 25 public courses. If golf is not your thing, don’t worry! We have a wonderful clubhouse, pool, fitness center, Pilates studio and 6-clay tennis courts for you to enjoy.

McKee Homes features two different sections of homes inside Legacy Lakes. We offer single family homes in the patio-lot section with sizes ranging from 1,700-3,600 square feet and our newest project, The Preserve at Legacy Lakes, features 20-golf front lots that will feature single story homes geared to the active adult lifestyle with sweeping views of the 2nd and 3rd holes of The Legacy Links golf course.

No matter what cycle of life you are in, McKee Homes offers a comfortable, affordable, home for you to enjoy inside Legacy Lakes. Many of the residents gather for special events hosted by the HOA throughout the year, to include a movie night by the pool, live music on the activity lawn and the annual holiday party at the clubhouse. Homeowners even host their own residents’ happy hour at the clubhouse once a month.

Amenities

  • Golf-Course: Nicklaus Design Legacy Golf Links
  • Clubhouse: Clubhouse with fitness center
  • Tennis: 6 lighted clay courts
  • Pool: Ourtdoor Swimming pool
  • Nature: 3 natural lakes and walking trails

Model Home Hours
Mon, Tue, Fri, Sat: 11 am ─ 5 pm
Sun: 12 pm ─ 5 pm
Wed, Thu: By Appointment Only

legacy lakes map

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Will interest rates continue to rise in 2017?

The 30-year fixed-rate mortgage rose by just over a quarter of a percent recently to around 4 percent. That’s the largest one-week increase in over three years. What does that mean for home buyers? Will interest rates continue to rise in 2017?

Even though the rate hike has many home shoppers hitting the pause button on signing up for a new home mortgage, it’s important to remember that the rates are still at an historic low. In case you’re a Millennial and don’t remember interest rates above 7 or 8 percent, the rates in the 1980’s were in the teens. Although they’ve been historically low for the last six years, you have to go back 60 years or more to find interest rates below five percent before 2010. I got my first mortgage in 1992 and was thrilled to get 9.9 percent on a fixed rate loan. I would have killed for 4 percent.

Will interest rates continue to rise in 2017? The most likely answer is yes, but that’s not necessarily a bad sign. Generally speaking when the economy is strong the interest rates go higher, and when times are economically tough, the Fed lowers the rate in order to make it easier for consumers and businesses to borrow and spend, which pumps more money into the economy to help it recover.

So, if you are considering buying a new home in 2017, should you buy or should you wait? Most mortgage advisors would recommend locking in your rate as soon as possible to get the best rate.  It’s important to remember that your credit score is probably a much larger determining factor in what rate you might pay when getting a mortgage than the benchmark interest rate at this point. So, make sure to manage your credit rating and don’t make any large purchases on your credit cards or buy a new car anytime soon if you plan on buying a house this year.

McKee Homes works with a few mortgage companies which we refer to as our preferred lenders. These companies all provide excellent customer service and are going to give our homebuyers the best rates so they get a mortgage that works for them. We continue to see very positive survey reviews from our homebuyers in regards to our preferred lenders. In fact we pay all closing costs when buyers use one of our preferred lenders, and to lighten the sting of the interest rate hike, we are even giving our homebuyers free blinds and an upgraded refrigerator on all homes that are currently under construction or move-in ready until March 31, 2017.

For more information on our preferred lenders and our buyer incentives, please visit our Buyer Incentives web page or give us a call at 910-672-7296.

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Finished Bonus Room or Guest Suite

Is it worth the cost to add a finished bonus room or guest suite to your house or when building a new home?

There are many reasons people consider adding a finished bonus room or guest suite to their house or new home construction project.

  1. They are about to build a new home and it is cost effective to add the additional space.
  2. They have an existing home but need more space or want to add to the resale value of the home.
  3. They need an another bedroom/bathroom to accommodate additional family members such as a new child, older kids moving back home or aging parents.
  4. One or more persons work from home and need a large office with plenty of storage.

These are just a few of the many reasons you may want to add on to your existing home or include a finished bonus room when building a new home. So, how do you know if it’s worth the cost to add a finished bonus room or guest suite to your home?

A bonus room is generally built in the attic, often over the garage, in a house that has a steep roof pitch to allow for living space to be built. A guest suite is generally added to the first floor of a home and requires additional foundation and exterior walls making it a more expensive option.

Existing Home

If you are adding a finished second or third floor bonus room or a guest suite to an existing home it’s important to consider whether you plan to resell the home in the near future. If the additional square footage and cost makes your home larger and more expensive than most of the other homes in your neighborhood, it might make it difficult to sell, or you may not recover the cost for the addition. However if you plan on staying in the home over a long period of time, and you need the space, it would probably cost less to add to your home than to sell it and buy a larger home.

Bonus room additions are generally more affordable than adding a guest suite because there is no foundation work involved. And since they don’t increase the footprint of the home, they provide a better option in areas where variances would need to be granted for first floor expansion.

Another thing to consider with a guest suite is if you have a septic system or sewer. If you have a septic system, adding an additional bedroom/bathroom might mean having to increase the size of the septic tank and leach field which would add quite a bit to the cost of the project and to your investment in the home.

New Construction

If you are building a new home the cost to finish a second or third floor bonus room or guest suite is going to be less than adding it to an existing home, and the work can be done during the construction of the house, so no mess and inconvenience while living in the home.

With a bonus room you also have the option of putting in the plumbing for a bath and having the walls framed, but leaving it unfinished until you need the space, to save money initially. It doesn’t cost that much to get the rough plumbing and framing done while the house is being built and it will save a lot of money later on if you end up finishing the space. If you’re handy with that sort of thing, you can even finish it off yourself.

Talk with your builder, selections coordinator and lender to find out if it’s worth the extra cost to add the additional square footage to your home before you begin building a new home. If your home is one of the smaller homes in the neighborhood, it is probably a good idea to add a finished second or third floor bonus room or first floor guest suite which would give you more space for a growing family and probably make the home easier to sell if the need arises.


McKee Homes, North Carolina’s #1 Choice for New Homes

McKee Homes has highly skilled team members dedicated to creating the best home building and buying experience possible in Eastern North Carolina. Areas we are building in include: Fayetteville, Pinehurst, Southern Pines and Aberdeen, Raleigh and Wilmington NC. Some of our new home resources we can provide you include: New Home Financing, Specially Adapted Housing, Buyer Incentives and more.

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Should I Buy a New Home Now or Later?

If you’re like many people, you may be asking yourself should I buy a new home now or later? While there are many things to consider when asking this question, here are a few things to get you started:

  • Are you in a good place financially?
  • Are you ready to be your own landlord?
  • Are you committed to staying in one place?

If you answered yes to these questions then you may be ready to buy a home. The next question you may ask yourself is should I buy now or later? With interest rates still at all time lows, that may sway your opinion. Maybe, knowing that Freddie Mac predicts that by January 2017 interest rates will rise to 4.5% or that CoreLogic predicts that home prices will increase by 5.5% over the next year may help make your decision to begin the home search now. If you wait until next year, that $250,000 budget you have would need to increase by $13,750 to get the same home.

Should I Buy a New Home Now or Later

If you have questions about the home buying process or what McKee Homes has to offer, contact us today and we would be happy to answer your questions.

Additional Source: Forbes.com

 

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McKee Homes Featured in Builder and Developer Magazine

McKee Homes is featured in Homebuilders Prosper with Epcon Franchising, a recent Builder and Developer Magazine article about Epcon Franchise Builders.

According to the Builder and Developer article Another Franchise Builder, Pat McKee, owner of McKee Homes has seen success with Epcon Franchising as well. Since 2007, McKee has been a developer and homebuilder in the Fayetteville, N.C. market.

Most recently he is responsible for developing and building one of Fayetteville’s most successful communities, The Cottages at North Ramsey. He attributes part of its success to being an EpconFranchise Builder. McKee sold close to 100 homes last year and 150 this year, becoming a large regional builder in [the] Fayetteville area.

Epcon is a home building company offering franchises to other builders dedicated to serving the luxury, low-maintenance, ranch-style home niche for consumers looking to downsize from their existing home. Epcon is the 38th largest homebuilder in the nation and is the 19th largest privately-owned homebuilder. Franchise Builders have sold more than 28,000 homes since 1986.

In addition to the Builder and Developer article, McKee Homes has been featured in Epcon articles about their Franchisees and Epcon’s Pathways of Hope Foundation.

How Epcon Franchises Enables Home Builders to Quickly Grow from Niche to Regional Markets features Pat McKee, owner and President of McKee Homes. This article is largely an interview with Pat McKee (see video below) about the advantages of being an Epcon Franchisee. According to the Epcon article Traditional single-family home builder Pat McKee was able to quickly become a large regional builder with assistance from the Epcon homebuilding franchise system.

“Our depth of knowledge is difficult to achieve. Large regional builders often partner with Epcon to develop specific sections within their developments because they recognize that Epcon is the best way to satisfy a particular market niche,” says Rob Krohn, Epcon’s Franchise Marketing Manager.

On the move and moving up: Epcon Communities Franchisee Pat McKee gives back to NC residents by Nanette Overly covers McKee Homes’ commitment to giving back to the community, especially as it relates to their work with the Alzheimer’s Association® through the Joe McKee Memorial Alzheimer’s Fund and sponsorship of the Fayetteville Walk to End Alzheimer’s. From 2011 to 2016, McKee Homes has donated approximately $135,000 to the Alzheimer’s Association® through the Joe McKee Memorial Alzheimer’s Fund.

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McKee Homes Epcon Communities

McKee Homes is currently developing over 20 communities in Eastern North Carolina, three of which are Epcon communities.

What’s an Epcon community? Epcon is a home building company offering franchises to other builders dedicated to serving the luxury, low-maintenance, ranch-style home niche for consumers looking to downsize from their existing home. The homes are specially designed with high-end features and options and built with 36″ wide doorways inside the house and easy access with no stairs between the inside and outside areas. With an Epcon home, homebuyers know they can live in the home into retirement without having to make any modifications to their home.

The Salerno floor plan

McKee Homes offers Epcon homes in The Cottages at North Ramsey in Fayetteville with all exterior home and yard maintenance taken care of by the HOA. It’s an ideal situation for busy professionals, military families and retirees who don’t want spend their free time maintaining their home’s exterior and yard.

We also offer Epcon homes in The Cottages at Carriage Creek and Carriage Glen in Anderson Creek Club where landscaping and yard maintenance is taken care of by the neighborhood association. With all the luxury amenities of a golf club community available there, it’s a real benefit to homeowners not to have to spend their weekends maintaining their yards.

Epcon Communities Franchising Inc. (Epcon) celebrates two important milestones in 2016: 20 years of franchising anchored on a rock-solid foundation of 30 years of homebuilding experience.

“Over the past 30 years, we’ve mastered the concept of low-maintenance, lifestyle housing down to a science,” says Tim Rini, Vice President of Franchising, “Population demographics indicate that we’re just now at the tip of the iceberg in terms of demand. As we celebrate these important milestones in Epcon’s history, we’re ready to meet this underserved market with fast-to-market, winning home solutions for our Franchise Builders.”

Since this article was first published, McKee Homes has opened two new Epcon home neighborhoods. Evergreen at Flowers Plantation in Clayton, NC and Eagle Point at Mid South Club in Southern Pines.

Read more about Epcon

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Housing Outlook Very Strong For 2016

The housing outlook for 2016 looks very strong. For the first time in three years it seems even the most conservative economic experts are in agreement. This year will be the best since the housing recession of past years.

The indicators that these experts rely on are all looking better for the coming years, starting with this year. Household formations will top 1.25 million in 2016…this is a large driver of new home sales. The rental market is very tight causing rents to increase significantly. Combined with low mortgage interest rates, buying a home looks even more affordable. The “Home Purchase Sentiment Index” from Fannie Mae has two compelling improvements for December of 2015. First consumer sentiment improved with regard to income, job security, and economic outlook. Secondly, more consumers now believe that it is a good time to sell a home.

What does all this mean for McKee Homes? First time buyers are coming into the market and we are well positioned to appeal to them. Great plans at very affordable prices…and we include features that are optional elsewhere. With special financing available many buyers will not need a down payment…usually a barrier to purchasing.

Why is being confidant about selling a home good for McKee? Because most move up buyers need the equity from their current home…and do not want to sell in a “down market”. Selling their current home gives them the opportunity to purchase a new home with the features they want.

With an improving economic forecast and the government raising interest rates, most of these experts are predicting mortgage interest rates to be 4.75%-5% by the end of the year. This may not seem like much…but here is what it means.

For the average buyer of a McKee home, the principal and interest payment will be $134 higher by the end of 2016…over thirty years this amounts to $48,240!!!

Or put another way, a buyer could add $28,000 in options today for that same $134 per month additional payment.

The other compelling factor for purchasing sooner rather than waiting is the increasing price of homes. Even Robert Schiller, the foremost housing expert, is anticipating prices rising 4-5%. Based on our average sales price that means prices will go up by almost $12,000 this year.

All this bodes well for McKee homes in 2016. Let’s make it happen together!

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McKee Homes Building in Anderson Creek Crossing

McKee Homes is now building in Anderson Creek Crossing just outside the main gates of Anderson Creek Club in Harnett County, NC just north of Fort Bragg between Spring Lake and Lillington. We are building our Craftsman elevation floor plans in this new community designed for individuals and families that want beautiful new homes, luxury amenities and 24/7 security without the high cost.

Our Craftsman elevation floor plans include all the great interior features of our Classic floor plans with the addition of custom exterior details that give the homes distinctive elegance and refinement. A blend of stone, siding and specially styled roof lines and supports give our Craftsman floor plans a custom upscale look.

Anderson Creek Crossing will be an amenity-rich new home community with easy access to new schools, daycare, Fort Bragg, and the Championship Anderson Creek Golf Course.

The amenities in Anderson Creek Crossing will be developed over time as the new homes are being built. The master plan for this community includes:

  • Gated Entrance with Guard House for 24/7 Security
  • Expansive, Luxurious Lodge-style Clubhouse
  • Full Fitness Center Complete with Locker Rooms and Showers
  • Pool with Outdoor Snack Bar
  • Community Pavilion and Event Center
  • Tennis Courts
  • Basketball Court
  • Huge Playground
  • Restaurant and Bar
  • New Schools and Daycare Nearby
  • Less Than 15 Minutes to The Gates Of Ft. Bragg
  • 100Mbps High Speed Internet
  • Quick Access to 4.5-Star Championship Anderson Creek Golf Course

Anderson Creek Crossing will develop into a robust bustling community growing to a total of 1,000 homes. Anderson Creek Commons Commercial Center– the latest addition to the Anderson Creek Club Developments, is less than a mile down the road and includes convenient store, gas station, full service restaurants, bakery and church.

If you’ve been looking for an affordable new home community with country club amenities close to shopping and schools, contact McKee Homes to get more information on the community and our new Craftsman elevation floor plans.

Best Budget Hotels in Wilmington, NC

Planning a trip to the largest historic city in North Carolina but are not sure where to stay? Whether you are visiting on vacation or are in town for a business trip, you just may find yourself wanting to stay! While you begin dreaming about new homes in Wilmington, NC, here are several suggestions for your upcoming short-term stay.

Types of Lodging
In addition to the numerous hotels and motels around town, there are many different types of lodging available. There are condos for rental, quaint guest rooms available by the night, and suites with full kitchens for those who want to eat in occasionally. Some hotels are located on the beach while others are conveniently placed in the historic downtown. Here are four budget-friendly hotels worth considering:

Ramada Inn Conference Center
This hotel offers standard rooms in a convenient location, with affordable and competitive rates. The room includes free breakfast, with an on-site restaurant if you want to stay in for lunch or dinner.

TownePlace Suites by Marriott
The TownePlace Suites by Marriott prides itself on being friendly and welcoming, the perfect base for your Cape Fear getaway. It offers competitive rates, even over holiday weekends, and each suite includes a full kitchen with a stovetop and refrigerator. The hotel is close to downtown and includes a 24-hour on-site business center.

Beach House Inn and Suites
Although located about twenty minutes from the city, the Beach House Inn and Suites might be worth considering! The property includes a variety of suites and oceanfront rooms, with easy access to sites and events in the area.

Riverview Suites at Water Street Center
Depending on when you are traveling, you may be able to get a decent rate at the Riverview’s affiliate, the Hilton Riverside. However, staying at the Riverview might be worth it thanks to its all-suites design, complete with full kitchens so you can prepare some of your own meals. Guests at either hotel can enjoy the fitness center, heated outdoor pool, and more.

A Word to the Wise
If you are traveling for vacation, you may want to consider staying at a bed and breakfast or in a vacation rental. However, these may be more costly than a hotel for a short-term stay. Do you have flexible travel dates? If you are looking for a place to stay on a budget, consider traveling during off-peak times. Hotel rates tend to rise during the summer tourist season, so try coming a few weeks before or after. With some competitive shopping, you should be able to find the perfect place to stay within your budget.

If you decide that coastal living is for you, contact McKee Homes for more information on new construction in Wilmington, NC. Our energy-efficient homes are expertly crafted and built in the area’s most attractive, up-and-coming neighborhoods. Let us help you find your dream home.

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Craftsman Collection Floor Plans in Knightdale Station

McKee Homes began building our Craftsman Collection floor plans at Knightdale Station in the town of Knightdale, only 15 miles from downtown Raleigh, during the summer months of 2015. With our model home now open, and many new homes almost completed, it’s time to unveil the Craftsman elevation floor plans by McKee Homes.

If you’ve been searching for Raleigh new homes, and want a family-friendly neighborhood conveniently located to good schools, new amenities and parks, our new Craftsman elevation floor plans in Knightdale Station may be exactly what you’re looking for.

The Craftsman Collection Floor Plans

The Craftsman Collection floor plans include all the great features of our Classic floor plans with custom exterior details that give the homes distinctive elegance and refinement. A blend of stone, siding and specially styled roof lines and supports give our Craftsman floor plans a custom upscale look.

The customized version of the new Craftsman Collection floor plans at Knightdale Station are referred to as the Craftsman KS elevations and include a trellis over the garage doors.

Knightdale Station sitemap

Knightdale Station

With over 800 homes in the planning stages Knightdale Station will be the town’s largest master-planned community with homes starting from the $280’s.

At the center of Knightdale Station is Knightdale Station Park, a 76-acre park in Eastern Wake County. It includes two miles of paved trails, picnic shelters, the Ashley Wilder Dog Park, athletic fields, restrooms and a large playground.

With the addition of the new Aquatics Center, YMCA, and Thales Academy elementary school, Knightdale Station is becoming one of the most sought after neighborhoods in Eastern Wake County.

For more information about Knightdale Station and our Craftsman elevation floor plans, please contact McKee Homes or visit our Knightdale Station web page.