Monthly Cost at Three Price Points
$500K Home
Total Fixed / Month
$827
HOA Fee
$310/mo
Lawn + amenities
Property Tax
~$375/mo
Wake Co. 0.90%
Homeowners Ins.
~$142/mo
Est. annual / 12
CDD Fee
$0
No CDD in Wake Forest
$600K Home
Total Fixed / Month
$918
HOA Fee
$310/mo
Lawn + amenities
Property Tax
~$450/mo
Wake Co. 0.90%
Homeowners Ins.
~$158/mo
Est. annual / 12
CDD Fee
$0
No CDD in Wake Forest
$700K Home
Total Fixed / Month
$1,010
HOA Fee
$310/mo
Lawn + amenities
Property Tax
~$525/mo
Wake Co. 0.90%
Homeowners Ins.
~$175/mo
Est. annual / 12
CDD Fee
$0
No CDD in Wake Forest
These are fixed ownership costs — not mortgage. Add your mortgage P+I on top if applicable. Insurance estimates vary; get your own quote from a licensed NC insurer.
The No-CDD Advantage
Florida retirement communities frequently have Community Development Districts (CDDs) — a separate infrastructure assessment that runs $1,500–$5,000/year on top of HOA. This is essentially a second HOA for roads, utilities, and common area infrastructure that wasn't paid for upfront.
Wake Forest has no CDD. The $310/month HOA is your community cost — period. Florida retirees moving to Traditions often discover they're paying $150–$400/month less in combined community fees than they were in their previous Florida home, despite Traditions' HOA being higher than the Florida headline number.
How Traditions Compares to Other Triangle Communities
Del Webb at Traditions ($600K)
HOA $310 + tax $450 + ins $158
Carolina Arbors ($450K)
HOA $285 + tax $390 + ins $133
Carolina Gardens ($450K)
HOA $233 + tax $338 + ins $138
Carolina Preserve ($500K)
HOA $265 + tax $375 + ins $148
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