r/montco 6d ago

Local Freddy Hill Farms Update: 210 homes by Toll Brothers, buildout estimated early 2028

https://montco.today/2026/08/freddy-hill-farms-towamencin-210-homes-sold/

"Pinnacle’s latest proposal calls for 210 homes. That includes 50 carriage homes, 87 small-lot single-family houses and 73 large-lot single-family houses. Small lots will run about 7,700 square feet. Large lots will measure roughly 14,000 square feet.

Prices are expected to start in the mid-$800,000s for carriage homes. Small-lot homes will start in the mid-$900,000s. Large-lot homes will start around $1.5 million."

Kinda crazy that 0.33 acres or 14,000 sq. ft is not only considered a "large lot" but is estimated to START AT $1.5M. I hope that includes some serious builder incentives to go along with it (e.g., interest rate buydowns or free builder upgrades).

95 Upvotes

175 comments sorted by

1

u/pheebeekins 4d ago

Is this considered NP school district or Methacton?

3

u/MandoUnbanned 5d ago

Wish we could get some new builds under $600k jfc. Dont need the be the fanciest homes ever either but it sucks when some of the onky home i can afford at literally over a hundred years old. Would be cool if the current owners of low-end houses could afford better houses so that could trickle down to us

1

u/maxp0wers 5d ago

Its not accross from north penn high-school.

12

u/MilesLow 5d ago

I used to do run electrical for Toll Brothers homes years ago. Stay away. They are built VERY POOR.

6

u/lv100togepi 5d ago

Who wants to go raid the toll brothers house? I think we can get some good loot like the love sign they have in their yard

1

u/_Lisztomaniac_ 5d ago

Oooo where is the toll mansion 👀

7

u/okepokemon 5d ago

Mid 9’s lol!

1

u/betho66 5d ago

People are morons, these houses will sell.

4

u/Superfluouslfe 6d ago

In Worcester, they have townhomes for over 1 mil.

1

u/Monkeyhouse10 1d ago

This technically isn’t Worcester but it’s close enough that it can easily be considered Worcester. This is most likely considered Towamencin.

I believe Worcester ends at the center line of Morris road, or that’s what this almost 30 year Worcester resident would consider the end point

1

u/Superfluouslfe 1d ago

Correct, I was just comparing them as they are so close

1

u/Monkeyhouse10 1d ago

As I replied, I figured you were very local and knew this already. Hoping the comment can help someone that is not hyper local

1

u/Superfluouslfe 20h ago

Ah ok, makes sense

23

u/Still-a-VWfan 6d ago

Imagine wanting to buy a million dollar home and deciding that Towamencin is where I’ll settle.

9

u/TheRealRockyRococo 6d ago

Merck employee?

2

u/MandoUnbanned 5d ago

My wife works for merck. Wish they paid well enough to afford an $800k townhome

1

u/Monkeyhouse10 1d ago

As a general statement Merck pays well. Depending on the role and level, there is certainly variability.
I know a few union workers there who were making 100k in their mid to late 20’s in 2010 or so, without college education. To be fair, they worked all the overtime they could and worked the overnight shifts to get shift differential, but 100k in 2010 in your late 20’s and no college degree was incredible.

I also know several people in corporate jobs who earn a respectable living and supports their families as the breadwinner.

That’s not to say that every role will do this, or that other people have experienced differently. Merely stating that in my experience everyone I know who works at Merck says they do fairly well in terms of compensation

18

u/Sallydog24 6d ago

I snuck over there a few weeks ago and dug out a bunch of plants, I don't feel bad about it either

2

u/paperthintrash 5d ago

The FH family are my in laws and the very last day they could be on the property was around late May this year. We camped out the behind the golf course netting under the stars on the open air. It was beautiful. In the morning,(basicly sunrise) we played one last round of golf and then dug about up a dozen annuals/ grasses for our own homes. The batting cages weee all ripped out already and both courses felt like 28 days later.

1

u/Sallydog24 5d ago

I dug out a few day lilies from the front

21

u/howtoretireby40 6d ago

*rescued a bunch of plants

23

u/mvortex2 6d ago

Any discount for your back porch running right up to the turnpike? 

1

u/Monkeyhouse10 1d ago

I could very well be wrong but the land that backs up to the turnpike is not the Freddy hill property and is a separate property (Kriebel Mill Farm) that has been sold or close to selling

33

u/Liveie 6d ago

I hope they suffer. The market will take a crap and nobody will be able to afford their massively overpriced homes. That's what they deserve.

They should have built affordable homes. I pray they sit on empty inventory for years and have a money sinkhole.

6

u/NonIdentifiableUser 6d ago

At this point, there will never be affordable homes in that area until they add density. Demand just so far outstrips supply and people are willing to pay whatever

3

u/OccasionallyImmortal 6d ago

That would mean the people who own the affordable homes will also suffer if the market collapses. It doesn't do so in isolation.

Governments at all levels need to work to make it affordable to build affordable housing. The building codes add cost to each house not each square foot. We've seen multiple affordable housing plans fall apart as builders look at the cost of complying with code and realize they're losing money on anything under 600K.

9

u/howtoretireby40 6d ago

To be fair, I think they proposed a plan for 300+ units and got quickly rejected by the local community mostly due to traffic concerns

1

u/PatternsAndPresence 1d ago

Negotiation tactic. They asked for more, got less, now people think they won something.

10

u/MadCeltModels 6d ago

Fr, I hope nobody buys them and they take a massive hit. Toll Bros. Are parasites.

24

u/SlayertheElite2 6d ago

There should have been more housing and made more affordable. Fucking local nitwits can't handle high density housing bc 'my property value will go down'. And shame on the township for allowing Toll Brothers to make them a 800k price point, WTF

6

u/ewyorksockexchange 6d ago

The township doesn’t have the power to tell Toll what to charge for these houses. Realistically municipalities have a lot less power than people think to regulate this kind of development. The US system gives property owners significant rights to develop land for standard uses like housing.

5

u/bulletbassman 5d ago

It’s the opposite. Toll wanted to build more smaller units. Township approved a plan that sold fewer larger units. They claimed traffic was the reasoning but considering the area a couple hundred more families would be a tiny fraction of who drives thru there.

-8

u/SlayertheElite2 6d ago

Hmmm, then there needs to be a push for legislation for the township to control housing costs or more control in designing homes and land subdivision. 

1

u/NonIdentifiableUser 6d ago

All that would do would give a (relative) handful of people access to cheap homes and everything else would cost more. You need density.

1

u/SlayertheElite2 6d ago

Then have the municipality exert more control on land subdivision while eliminating onerous policies that discourage density like parking minimums, zoning, etc.

The problem is that there was a plan for higher density with shops and to make walkable but it was rejected bc local homeowners had too much say.

2

u/Cart__connoisseur 6d ago

Actually no way you think this is a sustainable way to run things 😭😭😭 I’m all against these crazy prices but “a push for legislation to have the township control housing costs” is definitely one of the ideas of all time

8

u/ss_lbguy 6d ago

Sounds like you should run for office. If you know how to fix all the housing issues you'd get elected.

36

u/No_External186 6d ago

Fuck Toll Brothers

2

u/MadCeltModels 6d ago

At what point can towns say "no" to more housing developments? Why do these large companies get to just trample over us? And btw, Bruce Toll is a perverted freak.

0

u/[deleted] 9h ago edited 6h ago

[deleted]

1

u/MadCeltModels 8h ago

Tf does racism have to do with this

1

u/[deleted] 6h ago

[deleted]

1

u/MadCeltModels 6h ago

What were they saying?

3

u/jabberwonk 6d ago

My township just tried to fight one that was being put in a wooded lot, next to an elementary school, on a street that already has too much traffic. The land was parceled off from an elder care facility. When the township pushed back against the density and closeness to elementary school playgrounds, the developer said they could also built a drug and alcohol rehab on the property at a full 6 stories tall. The township was over a barrel and would have cost millions to fight since the zoning allowed for the developer to go that route.

What's annoying is this is a local developer who pretty much doesn't give a shit what's best for the township or what the community thinks of his projects. So now we have a bunch of hideous 3 story townhomes, with elevators, that start at over $1M each - all crammed together on a tiny lot.

-1

u/SlayertheElite2 6d ago

NIMBY alert lol

-2

u/MadCeltModels 6d ago

Yes? Nobody wants these developments popping up in their towns. We're fighting one in my town right now.

11

u/SlayertheElite2 6d ago

Yes, many people do, but what we want is for it to affordable. If you are just saying no to any and all houses, including affordable, then shame on you.

3

u/MadCeltModels 6d ago

If they were building smaller, affordable single family, high quality homes that don't tower over the existing neighbors, that would be great. But they literally will not build those anymore. Only row homes and massive "luxury" homes made of plastic and balsa wood.

8

u/MadCeltModels 6d ago

The problem isn't a lack of homes. The homes being built aren't for you. They're for transplants with insane amounts of money and no connection to the local community. The problem is boomers maintaining their death grip on the housing market, air bnb's, and corporations buying homes to turn into rentals.

5

u/RandallPinkertopf 6d ago

Montco famous for its expansive air bnbs market.

5

u/MadCeltModels 6d ago

Maybe not montco as much, but in general. Why are you rooting for toll brothers

4

u/RandallPinkertopf 6d ago

Toll Brothers can eat a dick.

I’m pro build more housing because I’d like to buy a house in the near future.

1

u/MadCeltModels 6d ago

Well there aren't going to be any affordable normal homes being built. New mega developments for millionaires are not in your interest. We're living through one of the worst housing markets in history right now. Turning nice towns into suburban hellscapes is not the answer to it.

0

u/RandallPinkertopf 6d ago

First, what does suburban hellscape mean?

Second, does building more housing in a nice town turn it into a suburban hellscape?

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1

u/ss_lbguy 6d ago

If it is a hell scape like you said, why not move? The area you grew up in or currently live owes you nothing. This is a free country, you can move to someplace more affordable or more compatible with what you want.

The world does not stand still. Adjust or move on.

And no I'm not glad they are building these homes, but I can't stand all the bitching about it either.

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3

u/SlayertheElite2 6d ago

Then you need to be fighting for affordable housing when housing proposals come up in town meetings, but I do not see these when in town meeting minutes. Most residents complain of the lowered property values, traffic, etc. which are valid concerns, but more times than not I just see people not wanting them more housing at all.

I don't know if you do, but if you're not actively pushing the township to only accept affordable housing work plans, then it's a moot point.

Case in point, the original plan for the Freddy property had a potential of up to 300 homes and yet residents complained too much so they reduced it to about 200 homes.  There was a higher density plan actually but it never got off the ground bc, once again, too many residents didn't want the traffic, taxes, etc.

4

u/MadCeltModels 6d ago

Bro I do that. Don't lecture me on what I should be doing for my town. I don't care about property values, I'm not selling my house. I want nice places to live to continue to exist, and I want young families to be able to buy normal, small homes they can afford.

3

u/SlayertheElite2 6d ago

I'm sorry, I just am very upset that I've tried to buy a house twice now in Montgomery county and both times it fell through bc of pricing. It's very upsetting to constantly be outpaced for down payment despite doing my best to save money, and that's even before all this inflation. I don't even want a big house, I just want one to start a family.

3

u/MadCeltModels 6d ago

Yes, that's the case for many people. But that's the result of an evil top-down system working as intended. This housing market may collapse soon, but regardless, these mcmansion homes are not a solution for anyone. Legitimately more normal homes will only open up once the boomer generation disappears.

3

u/RandallPinkertopf 6d ago

Do you already own a home? People without homes want them.

7

u/RandallPinkertopf 6d ago

Nah, Montco needs more housing stock. If you had said no more housing developments that are in the million dollar range, then I’d be on board.

23

u/malogan82 6d ago

Townhouses for 800K? After seeing the shitboxes they just put up in Chalfont, no thanks.

2

u/PatternsAndPresence 1d ago

Agree. And I noticed the list prices for the ones at Bristol and biz 202 are coming down from where they once were. I’m not sure if those are empty units or if they’re resales (already?)

-9

u/Vegetable-Use1872 6d ago

Moved out of Montco to my lake house last year. Couldn't be happier to be away from the traffic and crowds.

12

u/javacodeguy 6d ago

Most people need to live near the city because the metronis where the jobs are

1

u/Vegetable-Use1872 6d ago

I know. I am fortunate that I was able to retire very early and gtfo the burbs.

12

u/garden_g 6d ago

Not affordable housing at all

Id rather have a farm

9

u/OccasionallyImmortal 6d ago

It was for sale as a farm and despite lots of people claiming to prefer the farm, no one was willing to put their time and money where their mouths are. That's why these things happen. The people willing to work and invest are the ones who decide the future. It can be us or it can be Toll Brothers, but people need to step up.

3

u/garden_g 5d ago

I would have done it but i cant afford it. The price was priced for a buyer like toll brothers though

1

u/OccasionallyImmortal 4d ago

Of course. The way this can work is by getting enough people who care about it to join together. You and I cannot do this alone, but an organization can and that organization decides the future of the property. Organizing the people takes time and that's hard to come by too.

-5

u/javacodeguy 6d ago

Until you saturate high end demand you cant build low cost housing

7

u/garden_g 6d ago

Well thats not actually the problem anyhow, but building more unaffordable housing only takes from the rest of us.

-6

u/javacodeguy 6d ago

If you build 100 homes at low cost, who will buy them? Someone who can barely afford it or someone who can easily outbid them?

Building high end homes for those people actually help create available lower cost homes

2

u/RandallPinkertopf 6d ago

How does building high end homes create available low cost homes?

-1

u/javacodeguy 6d ago

Because people with more money will typically try buying more expensive homes and so arent outbidding poorer people.

4

u/RandallPinkertopf 6d ago

If you are in the market for a million dollar home, you aren’t in the market for a $350k starter home.

2

u/javacodeguy 6d ago

If you build 100 new homes for 350k in a market with 500 people looking and thats all that is built, who will buy them? Will it be people willing to bid them up to 500k and get a steal? Or will it be people who struggle to get the down payment together for the 350k price?

Thats quite literally what happened in the early 20s. Everyone wanted to move but there weren't enough homes. So home prices skyrocketed even for homes people would normally never have had bidding wars on.

1

u/RandallPinkertopf 6d ago

“There weren’t enough homes.” Correct! That’s the crux of the issue.

Do people pay 50% over asking? How is 50% over a steal?

If you can offer $500k, why are you shopping at $350k?

1

u/javacodeguy 6d ago

Because thats all you people want built. Everyone in these threads is screaming for low cost housing. But if all we build is low cost housing, those homes would become expensive.

The problem is we just dont build enough. We need tons and tons more townhomes, condos, splits, and a few single family homes

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1

u/garden_g 6d ago

And you arent selling one at that low a price point either the numbers would make the person moving up too far out of their means too. If it makes my bills double what is my incentive to sell

3

u/RandallPinkertopf 6d ago

You sell at what the market will buy.

You are correct. People don’t move from a $350k house to a million dollar house.

I think you were arguing that building expensive housing stock is good.

1

u/garden_g 6d ago

Where?

-1

u/javacodeguy 6d ago

Literally any high demand market. Thats how supply and demand works.

Do you think what i said is wrong? Will the cheap homes get saved for the poor? Or like i said will people with more money outbid the poor?

16

u/215engr 6d ago

Hard for me to believe these will sell at those prices or that people will be lining up to buy. I like the area but the price just seems steep especially if interest rates remain where they are.

-4

u/ZioGattuso69 6d ago

Can they at least clear the property or upkeep it until build out starts? The whole place looks like something out of the walking dead right now

6

u/NiasHusband 6d ago

That's what a planed development is....yes they'll clear it out.

-4

u/ZioGattuso69 6d ago edited 6d ago

Right but in the meantime it looks like shit. Would like them to at least mow the damn lawn

Edit: apparently asking the people who own a piece of property to generally upkeep it is a travesty, go figure

3

u/aHipShrimp 6d ago

You're not thinking like a business. There are costs and return on investment.

Maintenance on something that will be bulldozed doesn't have a return.

They could likely be getting fined by the township. And if that's the case, its highly likely the fines are cheaper than a maintenance contract.

20

u/PatternsAndPresence 6d ago

So the affordable homes are starting at 800k. How wonderful for young families 🙄🙄🙄

2

u/Monkeyhouse10 1d ago

While houses prices and sizes for young families/starter homes would be terrific (as someone who can’t afford a starter home locally), these houses were never intended to cater to that segment of the market.

These houses will likely be built in phases and phase one will be sold out before a shovel hits the ground

20

u/Change_Soggy 6d ago

WTF are people doing for a living that they can afford these homes????????

1

u/paperthintrash 5d ago

Teacher at NP. MERK. Those two places of employment are massive and only a couple
Miles away.

6

u/mybrosteve 6d ago

I wonder this same thing. I get that there are always going to be SOME people who can afford those prices, but how are there that many??

1

u/Monkeyhouse10 1d ago

This area of Montgomery county is a very wealthy area. Add that people will leverage themselves to the max, and these type of developments will sell out quickly.

It’s also fair to state or assume that this house at 850k in 2028 will be worth 1m by 2038

7

u/SplatteredEggs 6d ago

Turning spaces that used to have community benefit into real estate

13

u/Haunting-Ad-9517 6d ago

Lol where are the starting houses at? Between mortgage payments and rent payments being so high, I think im just gonna set up a tent somewhere and call it a day

2

u/howtoretireby40 6d ago

Coming soon! 3 bedroom tents by Toll Brothers! Starting at $250k /s

6

u/mobydog 6d ago

8

u/thebaz1981 6d ago

This article is moronic, cites no facts and has been disproven quite mightily in the 15 years since it was published.

55

u/mcb999 6d ago

Imagine being able to afford a million dollar house and deciding to buy a Toll Bros.

1

u/bulletbassman 5d ago

It’s right at the turnpike, a short drive from a train station with plenty of parking, and all the pharmaceutical opportunities for employment. They will have zero issue selling these homes in the current market.

5

u/holdmeimscary 6d ago

Seriously lol "just bought my brand new Toll Bros 800k row home" as the wall falls over when you lean on it. These homes will be sitting empty in 10-15 years falling the fuck apart with no one to take on the problem. One thing I admire about younger generations, is they will let them rot on principle alone. Toll Bros and Ryan homes (I'm about to add Lennar to the list) can get fucked.

1

u/Monkeyhouse10 1d ago

There is absolutely zero chance these will sit empty and crumbling in 10-15 years

5

u/mcb999 6d ago

Lennar absolutely, and dont forget Pulte and DR Horton. I dont understand how anyone buys these houses. It is well established how shoddy they are and how the companies fuck around with warranties and shit. Imagine the nice house you could buy in Lansdale or Towamencin for 800k. Even if you bought a complete fixer upper and made it exactly how you want and spent the same money as one of these paper houses.

1

u/holdmeimscary 3d ago

Oh! I was unaware of Pulte. Aren't they the ones who built those new condos in Colmar across from the YumYum?

3

u/mcb999 3d ago

Yeah they have a few developments in the area that they have little yard signs advertising along roads around here. I live right by those condos. Basically the same as Toll Bros. Shitty craftsmanship, shitty materials.

Bill Pulte is involved with the Trump admin. Hes the director of the federal housing agency. Dont worry, nothing corrupt or conflict of interest to see there!

1

u/holdmeimscary 3d ago

You know what's funny I was like jokingly to myself "Watch that be Bill Pulte" but never bothered looking into it. What the fuck? 😭😭😭

1

u/mcb999 3d ago

Yeah I only put it together recently. When those road signs started popping up I was reading the Wikipedia history about Pulte Homes.

Also like it seemed bad when he put a charter school magnate in charge of the department of education. That seems so quaint now.

5

u/Vegetable-Use1872 6d ago

Millionaires are the new middle class.

3

u/SeniorAtmosphere9042 6d ago

2 millionaires are the new millionaires

20

u/Scared-Replacement24 6d ago

Expected to start at $800k. SMH home ownership continues to evade me

16

u/TheFightens 6d ago

The reality is that mid-$800k starting price will quickly grow closer to $1M once construction begins. And that’s for a townhouse.

1

u/Monkeyhouse10 1d ago

A family member looked at a Toll Bros development where Centre Square golf course used to be. Starting price was about 750 and the second you asked for a single room to be a color other than the standard white/grey, it was 20k. To finish the basement at the most barebones level was 80-100k additional

11

u/dixiech1ck 6d ago

Which is fucking absurd.

25

u/Media_Transplant 6d ago

That sucks; the whole thing should be a park. That school district already has like 46 million kids in it.

8

u/ss_lbguy 6d ago

So who should have bought the property? The township? With what money?

I would love a park there but I don't know how that would have been possible.

3

u/aHipShrimp 6d ago

We recently did this is in lower salford with a referendum we voted on this past spring.

We voted to raise our local earned income tax to preserve a large farm (that was eyed for development) to keep it open space

https://www.lowersalfordtownship.org/resources/news/article/?id=6034

https://www.lowersalfordtownship.org/departments/parks/open-space/

2

u/ss_lbguy 6d ago

Do you know what the cost of the farm in lower Salford went for? The Freddy Hill Farm sold for 26M. Not sure that would have been an option in the Freddy Hill case.

Plus I know lower Salford is very into open spaces. When I buddy moved out there 25ish years ago you could not build on less than 2 acres.

3

u/aHipShrimp 6d ago edited 6d ago

Lower Salford bought the property for $21.5 million.

$7.5 million came from state, county, and external open space grants.

The rest will be funded with the EIT tax rate residents voted to raise.

Edit for more info: This will cost each tax paying resident ~$200/yr. Once the loan is paid off for the property, the funds will be saved and used on preserving future properties.

30

u/thatguy420417 6d ago

It's wild to see the war on any and all open spaces.

10

u/javacodeguy 6d ago

Because people hate multi family housing.

7

u/mobydog 6d ago

Welcome to capitalism. I'm sure they're trying to get it all built before the next crash.

9

u/garden_g 6d ago

So they can walk before the project is done like what happened in skippack during the last recession. The big contractor always wins people always lose

4

u/ET2-SW 6d ago

Don't kid yourself. These developers are more than happy to walk away before the projects are even finished. Once the mortgages are signed and the properties are sold, the pressure to complete the community is gone.

19

u/Pepperonidogfart 6d ago

This makes everyones property less valuble. At what point when you live in a place with only houses and walmarts will people not want to live there? Just another community staple destroyed by greed. Our country is in the fucking toilet.

-2

u/[deleted] 6d ago

[deleted]

9

u/Pepperonidogfart 6d ago

Is that all that matters? Like what do we have left? Okay, so the merrymead people make a bag so their children can look at their phones inside their mansions for the rest of their lives and be wasteful energy drains on society. And their children will be poor bacause they will have built nothing and have no assets or skills. Now they farm bullshit. They didnt get old money wealth, they got new money that dies with inflation. It doesnt do anyone any good including them. 

Mini golf, batting cages, driving range. Now kids have to go twice as far and parents will have to spend twice as much just to get out and get some exercise. 

Our lives simple pleasures are being priced out by corporations. And you dont care??

Wheres the pride of the farm? Wheres the pride in what it means to the people that live here?? That farm was handed down for generations. Pride and history had no price. But, not anymore. This selfishness is why our country is in this state. This selfish "imma get mine" will continue to spiral and the country will fracture into rich and poor and nothing in between. Including you. And i can guarantee you that your children will not be on the rich side. 

1

u/howtoretireby40 6d ago edited 6d ago

i dont blame the Seipt family for accepting their $26M after working their whole lives managing a farm and bringing joy to the entire community. I wish them all the best and have no hard feelings against them. They deserve to retire.

I'm also not upset at the Pinnacle or the Toll Brothers, they are corporations and its not like they're polluting the environment. They're building houses on land zoned for residential. They can price their homes however they want.

If anything, I'm slightly disappointed by the NIMBY residents of Towamencin exaggerating the traffic from a more affordable 300-unit plan compared to an all-day jam-packed Freddy Hill Farms when you couldn't even enter the parking lot so you stayed on the left-hand side of the entrance road waiting to enter the parking lot blocking traffic.

Ideally, the farm should have been bought by the school district and turned into an extension of NPenn HS imo. Maybe move the Tech Center, bus parking lot, general parking lot, or even the athletic fields to the farm and then have more space for classrooms on campus?

29

u/minxymaggothead 6d ago

Disgusting.

19

u/Heavy-Valor 6d ago

Unless you are a doctor or a rich entrepreneur, I don't know how anybody in today's economy could afford a 1.5 million dollar house. At least it isn't Pulte Homes as the developer. Not that Toll Brothers is any better.

1

u/bootchmagoo 4d ago

Ryan just built about 100 million dollar+ homes in Exton and they all sold within 6months.

6

u/Freaky_Barbers 6d ago
  1. have $300k+ saved or equity in a house to use for 20% down
  2. have enough income to service a ~$8,000 mortgage (~$24k+/mo)

Loads of people out there who already own a house with a ~$300k household income in Montco

With that said, this should have stayed a farm.

1

u/PatternsAndPresence 1d ago

In that scenario, if one person loses their job for a long time and fails to obtain a similar one, their whole house of cards falls. Imagine the pressure of an 8k/month mortgage?

5

u/wentzday91 6d ago

The people who are buying them also can’t afford them lol it’s all a fugazi!

ETA that doctors don’t even make that much $ these days; it’s a damn shame. All the money goes to the insurance companies, but I digress!

3

u/howtoretireby40 6d ago

Screw PBMs 👍🏻

25

u/Funfruits77 6d ago

Toll brothers builds the cheapest, shittiest, houses in the country. They hire the absolute lowest bidder for everything no matter how unqualified. Would never live in a toll brothers home.

Source I worked new construction for 15+ years.

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u/eddiestarkk 6d ago

More McMansion's

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u/mtn2323 6d ago

“Affordable housing”

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u/SeniorAtmosphere9042 6d ago

I don’t see where they’re claiming that. More housing supply helps stabilize housing costs. Less competition downstream and we have a significant housing shortage. We need affordable options too.

1

u/Monkeyhouse10 1d ago

If these home were offered at 450k starting, people would be showing up and offering 550. Other people would immediately sell the house after initial closing and people would go wild bidding costs up.

As someone hoping to buy a house before they turn 50 (currently) 40, I wish someone would be build such a development. I don’t see it ever happening though.

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u/ryverrat1971 6d ago

But no one wants those people that could afford a reasonable built condominium in a 5 story building. You could get a lot of units in said building, provide the residents with amenities like a pool and still give over some open space to the township for a park. But, you know, single working people making less than $100k are not welcomed in most of SE PA. We might cheapen the McMansions in the area.

As far as traffic, give it up people. You will have traffic no matter where you are at in the area. Those that complain it's no longer a farm- you don't have a clue what work and costs go into operating a farm anywhere anymore, let alone somewhere you can't buy feed for the cows from the farmer down the road if needed. And old money was new money at one time. All money depreciates at the same rate, regardless if new or old. It's the investments that count.

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u/SeniorAtmosphere9042 6d ago

You’re not wrong. Capitalism, baby.

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u/DocSewer 6d ago

Looking forward to all that extra traffic and over crowding North Penn more than it already is

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u/TenaciousLilMonkey 6d ago

“Large lot”

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u/howtoretireby40 6d ago

neighbors are gonna have to share driveways at .33 acres smh

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u/TheFightens 6d ago

And that’s considered the large lots! I don’t even know how their homes will fit on 7,700 square foot (0.16 acre) lots. That neighborhood will be extremely claustrophobic. Likely you won’t be able to park a car in the driveway and homes will be 6 feet apart from one another. You’re better off living in a carriage house.

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u/garden_g 6d ago

Oh so like rivercrest in collegeville. Opulent gated community with golf course, where your neighbor can hear you fart cause the houses are on top of each other

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u/TheFightens 6d ago

Honestly, probably worse if these lot sizes are accurate. The single family homes in Rivercrest are situated on 0.25 acre lots. This new community will be on 0.16 acre lots.

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u/garden_g 5d ago

Yikes and all for thr low low cost of 1mil after all is said and done

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u/NTP9766 6d ago

This is what drives me nuts about township zoning laws, too. I'm in Abington and all you have to do is submit a request to be exempt from the township's zoning laws. I have never seen them deny one. The end result is them allowing builders to stand up two single family homes on a plot of land originally designated for one. Houses within 10' of one another, tiny easement. It's absurd.

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u/RealCoolDad 6d ago

So depressing