Sunday, March 20, 2005

100 Lilac Drive

A new detached home in Carrboro under 300K! (Isn't it sad that this is becoming more and more rare?)

100 Lilac Drive is in Winwood-a community off of Poplar St. As a brick ranch, my guess is that it is your standard 3bed/2bath. With 1757 sq/ft, listed at $236,000 ($134 a sq/ft) 100 Lilac Dr seems like a pretty good deal.

What else can you get for about $250,000? Well the next closest (in price) detached house- that is not under contract -would be the home in QuaterPath Trace, $280,000, 2343 sq/ft, 4beds/2.5baths ($119 sq/ft). There are some homes already under contract that are in the $142-154 a sq/ft range. Otherwise at the mid $200k range all you can get right now is townhomes and condos.