Tuesday, October 18, 2005

White Oak Condo For Sale!

If you don't live in Carrboro, then you may not be familiar with what a hot item White Oak condos are right now. First, let me give you the low down:

White Oak condos are in a really, really, great location. It is a very close to the Carrboro Farmer's Market, a short walk to Weaver Street Market, and easy access to everything you need to get to in Carrboro. The units were built in the early 80's, are brick on the outside and have identical floor plans on the inside. (two levels, all hardwood floors, half bath downstairs, and two spacious bedrooms and a full bath upstairs-1056 square feet)

In the past these units have gone under contract within 2 days of hitting the market. Today, unit A-49 went on the market for $129,900. This price is clearly the highest a White Oak unit has ever been put on the market for, BUT I personally think that you can not go wrong with one of these units. First of all, this unit is an end unit with a washer and dryer connection. (Most units don't have w/d connections-there is an on-site laundry). More importantly, let me point out that White Oak units were selling for about $110,000- 115,000 this time last year.

So maybe $129,000 is a bit high, but with a unit like this, do you really care?