Carrboro Real Estate

Welcome back!

2007-04-06T16:56:00.000-04:00

It seems that things never slow down in the Carrboro Market. So much so, that it's time to begin blogging about our housing market again. Here is the update for our market:

There are a total of 66 homes on the market in Carrboro as of today.
31 of those are detached homes and 35 of those are either a condo or a townhome.

The average price of a detached home on the market is $350,000, with 1900 sq/ft, 3 bedrooms and 2.5 baths.

The average price of a condo or townhome is $230,000, with 1379 sq/ft, 2 bedrooms and 2.5 baths.

If you are looking to buy in Carrboro NOW is the time to start looking for your home. I suggest giving your self at least 3 months complete the home buying process.

Spring is in the Air...

2006-04-26T13:58:00.000-04:00

And the real estate market is booming in Carrboro and Chapel Hill. Actually, it never really slowed down.

If this is your first time reading the Carrboro Real Estate Blog- I welcome you. If you are a returning reader- I thank you for your patience. Enough of you have emailed me- wanting an update- I had to find the time to give it to you.

So here's some basic breakdowns:

Since January 1, 2006 153 detached homes have sold-ranging in price from $145,000 to 1.5 million.

Since January 1, 2006 125 condos or townhomes have sold-ranging in price from $39,000 to 1 million dollars.

That is a lot of property... I would give an average square feet and/or an average price per square foot, but I honestly don't believe that tells you very much. What is most important is a price per sq/ft in a certain price range.

Over the next month (or so) I will be updating the blog so that people will start to become more informed before you begin you home search or home selling process.

---Shameless Plug---
I am putting the final touches on my NEW website: www.CarrboroRealtor.com. Please check it out (and email me any spellling errors or suggestions)!

There's something about...404 Berryhill Dr.

2005-10-26T15:29:00.000-04:00

If you look back in 2005 404 Berryhill Dr. was on the market twice. In march of 2005, somebody purchased 404 Berryhill Dr. for $275,000. Then in August of 2005 404 Berryhill was put back on the market and sold for $290,000.

Now before everybody starts emailing me with requests to buy a house on Berryhill Dr. please note that before this house sold in March it was on the market for 3 months and went it sold the second time in was on the market for almost 4 months.

What I really want to point out is that generally, buying property in Carrboro is never a bad idea.

Another F.Y.I. Property

2005-10-25T14:52:00.000-04:00

229 Stable Rd- $380,000, 2100 sq/ft ($180 per sq/ft), 3 bedrooms, 2.5 baths, built 2000, on a .146 acre lot.

This house was on the market for 4 days before it went under contract.

So what's the big difference between this house and yesterday's property on (1546 Pathway)? Without going into too many comparisons, I think it's safe to say the biggest differences are the age of the house and the original quality of construction. Stable Rd was built in 2000 and Pathway was built in 1994. Kovens Construction built the home on Stable Rd (the neighborhood is the Cedars at Bolin Forest).

In general, Kovens Construction does larger, more expensive, higher quality construction than the average builder-and the Cedars were no exception. Although I did not go into 229 Stable Rd, I have seen the inside of other homes in this neighborhood and I remember the actual finish of each home being EXCELLENT.

I guess what I am really saying is sometimes you get what you pay for, and sometimes you have to pay for what you want to get.

1546 Pathway- Under Contract

2005-10-24T13:41:00.000-04:00

I haven't reveiwed this property before, but I thought it would be a good update:

1546 Pathway- $359,900, 4 bedrooms, 2.5 baths, 2300 sq/ft ($156 per sq/ft), built 1994, .25 acre lot. Available for sale (or what REALTORS call "being on the market") for 32 days.

To put this in perspective, the average home in Carrboro stays on the market for about 80 days. This is a combination of homes that sell in the first couple of days and new construction (which can typically be for sale more than a year).

I don't think this was the best deal of the year, but then again there's not a huge number of houses for sale in Carrboro either.

What happened to the missing blog posts?!?

2005-10-23T20:20:00.000-04:00

Sorry boys and girls. I really do try to post something everyday, but sometimes there is just nothing to say. Carrboro has an amazing market, but it is still a small town.

I would like to make it known, that if you follow this blog and have a question you would like me to share (and answer) with the rest of the blog readers, please just shoot me an email. I try to give the information I think you need to understand our Carrboro Market, but I'm not a mind reader. FYI, I also incorporate alot of home buying questions in the the free first time home buying class I hold once a month at Community Realty.

300 Barnes Street- Under Contract

2005-10-22T20:14:00.000-04:00

Remember 300 Barnes Street? Well as the title of today's blog suggests it went under contract.

If you don't remember 300 Barnes St. look back at the blog entry for Oct. 12.

I hate to say it....

2005-10-19T20:09:00.000-04:00

But I told you so. White Oak went under contract. Need I say anymore?

White Oak Condo For Sale!

2005-10-18T19:51:00.000-04:00

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?

103A Pleasant Dr.

2005-10-17T19:12:00.000-04:00

Pleasant Drive is one of those streets that I consider to be on the fringe of "downtown Carrboro" or the "Carrboro Mill House" area. Pleasant Drive is actually quite walkable to Weaver Street Market and only a couple of blocks away from the "Mill House Area".

I mentioned all of that because 103A Pleasant Drive seems to me to be a good deal. At $235 per sq/ft, ($254,000, 1080 sq/ft, 3 bedrooms/2 baths) if this house is in good condition it will not last long on the market. Even if 1080 sq/ft is small, I ask you, scroll back through this blog. Given it's location, what else (detached housing) can you get for $250,000 that is walking distance to Weaver Street Market?

510 Davie Rd

2005-10-16T18:55:00.000-04:00

At first glance this house appears to be a very rare Carrboro home. And by rare I mean a detached home under $200,000. In fact, 510 Davie Rd is 1970 sq/ft, 4 bedrooms, 2 baths, two level brick home (built 1963), walking distance to the Farmers Market, and only $185,000!

If you have been reading this blog, you would know at $94.00 per sq/ft, this is an amazing deal. BUT lucky for you, I am able to tell you that sometimes what sounds too good to be true IS too good to be true.

510 Davie is actually much like a two unit duplex. One the first level you have 2 bedrooms and 1 bath-- and on the second level (downstairs) you have a two bedroom/ 1 bath. The catch is that the two levels do not connect inside of the home. This means if you are upstairs and want to go downstairs you have to go OUTSIDE!

This does not mean that this house is a bad buy. It just means that this is not the ideal home for a family of four, or three, or possibly even two. 510 Davie Rd is a good buy for someone looking to live in a 2 bedroom condo in the heart of Carrboro and is willing to take on the responsibility of renting out the other two bed/1 bath unit.

114 Jasmine Court

2005-10-15T16:04:00.000-04:00

Have you ever had someone tell you it's better to own the smallest house in a great neighborhood than the biggest?

This would be the problem with 114 Jasmine Court. On the surface it appears to be a solid home. 3300 sq/ft, 5 bedrooms, 2 full baths and 2 half baths. Built in 1992, located on a small lot in a cul-de-sac in a popular Carrboro neighborhood (Quarterpath Trace). List price of $349,950.

This all sounds reasonable, but in comparison to the rest of the neighborhood, this home is much bigger and much more expensive. I have to wonder, will this appraise for almost $350,000? If this was in a different neighborhood I would say "Sure-not a problem" The real questions is what is an appraiser going to say when they compare this house to other houses in Quarterpath Trace?

116 High St. - A Carrboro Cottage

2005-10-14T15:41:00.000-04:00

Looking for just a little space in the heart of downtown Carrboro? If 744 sq/ft, 2 bedrooms/ 1 bath, is enough living space for you then perhaps 116 may be for you. Of course, at $225 per sq/ft, this little cottage could be a bit overpriced.

The listing description points out that the roof is already near the end of its useful life. Which means the new owner will have to put one on- (think a couple thousand).

I'm not too sure that this is all that great of a deal. In fact, I won't be suprised if this little home sits around for a while.

300 Barnes St. vs. 205 Barnes St.

2005-10-13T15:11:00.000-04:00

There are two houses available on Barnes St. in Carrboro. (For those of you familiar with Carrboro it is very close to OWASA).

205 Barnes St. has been on the market for almost a year. 3 bedrooms/ 1 bath, built in 1962, recently remodeled kitchen, 986 sq/ft. on a .2 acre lot. $149,900.

300 Barnes St. has been on the market for about two weeks. 2 bedrooms/1 bath, built 1952, no remodeling (recent or older), 788 sq ft. on a 1.75 acre lot. $175,000.

Why such a large price difference. Well, as they say in real estate- location, location, location. 205 Barnes St. is a solid (if not somewhat dated) home, but it is directly across from an apartment complex. 300 Barnes St. is in terrible condtion, but the 1.75 acre lot is gorgeous-perfect for someone looking to build on a tucked away lot in Carrboro.

My prediction is that it won't last too long.

102 Lisa

2005-10-11T12:44:00.000-04:00

102 Lisa drive has been on the market for about two months. It is 2300 sq/ft, 4 beds/ 2.5 baths, built in 1998-located in Plantation Acres. For those of you not familiar with neighborhoods by name, Plantation Acres is a great older (meaning most of the homes were built in the mid-to-late 70's.

So why has this been on the market so long?

I believe it is because the lot is right next to a major road. There is a nice border of trees around the lot, but you can still here a lot of road noise (which makes it hard to really enjoy the fantastic lot. I would also say this is probably not the best lot for any child/children who have a tendency to run out into streets.

Overall, I wouldn't say that this is a bad buy, but I would definetly be very sure you can live with the background traffic.

Laurel Ave

2005-10-10T11:40:00.000-04:00

On the market there are three houses for sale on Laurel Ave. If you are not familiar with Carrboro, then let me tell you that Laurel Ave is a small street very close to the Carrboro's Farmer's Market and a short walk to Weaver Street Market. It has only been in the past five or six years that any new development has occured, so there currently Laurel Avenue is a mixture of owner occupied and rental units.

The three houses on the market:
208 Laurel Ave: $299,900, 1560 sq/ft, 3 beds/2.5 baths, $192 per sq/ft
210 Laurel Ave: $312,000, 1560 sq/ft, 3 beds/2.5 baths, $200 per sq/ft
212 Laurel Ave: $540,000, 3944 sq/ft, 5 beds/4.1 baths, $136 per sq/ft

It is clear that 212 Laurel is a different 'level' of house, so let's compare 208 and 210 Laurel Ave. These are both new construction homes, currently being built. They are the same floor plan and right next door to each other, so why the different prices?

It turns out that 208 is on a larger lot, but has 8 ft ceilings and 210 has nine foot ceilings. 210's lot may be smaller, but is located between two newer homes, where as 208 is next door to an older (dare I say it?), more run-down home. So which home is better? That completely depends on the buyer, but if you are looking for a new construction home (and there is not a lot of new construction in Carrboro) then these are definately a must-see.

510 Davie Rd

2005-10-09T11:06:00.000-04:00

When you first look at the listing information of 510 Davie Rd. it seems like a pretty good deal. A 1970 sq/ft detached home (two levels), 4 bedrooms/2 bathrooms, built in 1963. Very walkable to Carrboro's Farmer's Market and Weaver Street Market. So where's the catch?

After taking a look at this home it turns out that the house has been converted (or maybe possibly started out as) into a duplex. In other words the main level is a 2 bedroom/ 1 bath home, that is completely seperate from the downstairs 2 bedroom/ 1 bath. You can not access one level from the other, you have to go outside.

As one large home it is almost $99 per sq/ft. That's great for a detached home in Carrboro (remember the average price per sq/ft is $145 sq/ft). Overall, I believe that the value in this home lies within the purchaser's loan. If you can make the numbers work, a duplex is great for someone willing to live in half and rent out the extra space.

SOLD! 102 Eugene

2005-10-08T15:20:00.000-04:00

Remember that little house I talked about on Eugene Steet? Well, it's already under contract.

If you are new to the Carrboro real estate market, this might shock you. But I always tell my clients, if a house is priced right and in reasonable condition in Carrboro or Chapel Hill, don't expect it to sit around for more than a week....

The Summer of Brighton Square

2005-10-07T15:06:00.000-04:00

Brighton square is a neighborhood of condos, located off of Main St. in Carrboro, NC. The average size is less than 900 sq/ft, they are generally one level with 2 bedrooms, and 1 bath, built in the early 1980's.

So why they feature their own blog topic today? Because since 1/1/2005 17 of these units have sold. Compare that to the 8 units that sold in 2004 and 5 units in 2003.

As a REALTOR, I have to wonder, why are so many people buying units in Brighton Square? They aren't particularly large and they aren't new. Perhaps it's because they are one of the last places to buy a home for less than $100,000. In fact, it's hard to find a unit for under $100,000. The trend has been for people to buy these, fix them up and (recently) sell them for between $110-115k.

There are two on the market today. Unit #13, $118,900, 792 sq/ft and unit #31, $119,900. 860 sq/ft. If you have looked back at the archives of this blog, you see that on April 27th I mentioned unit #52 was on the market for $101,000. This is a perfect example of what's going on in Brighton Square. A few months later the new owner has added hardwood floors, new paint, new appliances, and new cabinetry. Are these changes worth an additional $18,000. I don't think so, but then again, what else can you get in Carrboro for under $120,000? If this trend continues, it may be a very wise investment for a first time home-buyer.

What is non-profit owned real estate?

2005-10-06T10:04:00.000-04:00

There aren't any new listings today, so I thought I might tell you a bit about Community Realty.

Community Realty is the nation's first non-profit owned real estate brokerage. What that means is that no one person owns Community Realty. There is no "boss" who sits back and gets rich from all of the profits we generate. Instead, Community Realty donates is profits to the local affordable housing non-profit, EmPOWERment, Inc., who owns us.

Last year, we gave away more than $25,000. This year our goal is to double that number.

As a REALTOR, I get paid the same as any other REALTOR-but with Community Realty, I get the benefit of knowing that I am not just helping people find homes. I am able to help people help their community. That may sound corny, but it really does make the difference at the end of the day.

102 Eugene Street

2005-10-05T14:18:00.000-04:00

Looking for a small detached home under 200k in Carrboro? 102 Eugene came on the market today. Here are the basics:

956 sq/ft, 2 bedrooms, 1 bath, & 1 large den (that could be used as a bedroom), .25 acre lot, walk to downtown Carrboro, Weaver Street Market, OR Franklin Street.

$150,000. That's $156.90 a sq/ft.

The house was built in 1957. The roof was replaced, the plumbing re-done, and the electric updated in 2001. New kitchen cabinetry-2005. So as long as the inside is in decent shape this seems like a pretty good deal. My guess is that even though there are no showings until 10/10, this may not last a week.

Carrboro vs. Chapel Hill

2005-10-04T12:26:00.000-04:00

If you are interested in homes in Carrboro, NC then chances are you have looked at home in Chapel Hill, NC as well. So what is the difference between Chapel Hill and Carrboro? In my opinion it depends on how you ask the question.

If you are coming from a larger city, then the differences are small. Both Chapel Hill and Carrboro are excellent places to live. As a part of the Triangle area in North Carolina (Raleigh, Durhm, & Chapel Hill), there amazing resources, schools/universities (GO TAR HEELS!), and a diverse population.

If you are more in tune with the feel of smaller cities then I like to explain the difference as such: Carrboro is the more artsy, little sister of Chapel Hill. Arguably, the heart of Carrboro is Weaver Street Market, where people shop and dine. (if you have never been to the market on a Thursday evening or Sunday morning-you are definately missing out)

Chapel Hill is the home of the UNIVERSITY OF NORTH CAROLINA at CHAPEL HILL. In my opinion Chapel Hill is a bit more formal-not in a bad way, just a more established older feeling. People are friendly and always have a smile.

To reallly get a feeling of both towns, I suggest you come visit for a weekend. Give me a call (919) 423-1072 and I'd be glad to give you a tour of BOTH.

What is available in Carrboro today?

2005-10-03T17:57:00.000-04:00

As of today, 31 total properties are available for purchase on the Triangle MLS in Carrboro, NC.

Only 3 of these homes are condos or townhomes.

The least expensive property is 133 Coleridge Court in Canterbury (condos). Two levels with 1030 sq/ft, 2 bedrooms/2.5 baths, built in 1985. The asking price is $97,900. (approx $96 per sq/ft)

The mosts expensive property is 206 Autumn Drive in Horne Hollow. New construction. 3102 sq/ft, 4 bedrooms/3.5 baths. The asking price is $559,900. (approx $180 per sq/ft)

Average cost of a Carrboro Home

2005-10-02T13:47:00.000-04:00

What is the average cost of a home in Carrboro, NC? Using sales of homes in Carrboro since January 2005 this is what you get:

153 homes have sold in Carrboro.

65 of those were detached, single family homes. The avg price for these homes was $292,000, 2020 sq/ft, with 3 bedrooms, 2.5 baths, selling at 99% of its asking price. ($145 per sq/ft)

88 of those were condo or townhome units. The avg price for a condo/townhome was $153,000, 1153 sq/ft, with 2 bedrooms, 2.5 baths, selling at 99% of its asking price.($132 per sq/ft)

These numbers are purely AVERAGES. Remember from high school, you take all the information, add it together, and divide it by the number of units (in this case homes). Don't make your purchase decision based on this one blog entry. This information is soley designed to get you aquainted with what a home will ROUGHLY cost.

Does a family really need 2000 sq/ft to 'roam' in their home? Personally, I feel if 2000+ sq/ft is what your family feels comfortable in-go for it. In fact I love a home with a open, spacious master bedroom with a walk-in closet and fabulous master bath.

Is a home in Carrboro really worth $145 a square foot? Sure. In fact, lots of people spend lots of money for the opportunity to live in our town. What's not to love? The Chapel Hill/Carrboro Schools are excellent, our local co-op grocery is the best place to spend a Thursday night, and our downtown is full of local business you can't find anywhere else in the state.

So as you continue the hunt for a home in Carrboro, don't lose sight of one of the most important goals throughout your real esate transaction: to become a member of our Carrboro Community. Trust me, once you move in, you'll be glad you did.

WELCOME BACK!

2005-10-01T09:30:00.000-04:00

The summer is almost over and the Carrboro real estate market has finally slowed down enough for me to return to blogging.

If you are new to the real estate blog, thanks for visiting and I hope you find my blog a helpful as you search for Carrboro real estate.

If you are repeat blog reader, thanks for being patient during the busy spring and summer season.

Real estate is hot in Carrboro, NC and this blog is the best way to understand our market.

303 RockGarden

2005-04-29T20:15:00.000-04:00

A new listing in Cates Farm today. 303 RockGarden, listed at $425,000. It has 2600 sq/ft ($163 a sq/ft), 4 bedrooms, 2 baths, formal dining room, screened porch, and a deck.

This home is quite lovely and I don't expect it to be on the market more than a couple of days.

WeatherVane under contract

2005-04-28T20:07:00.000-04:00

Don't get excited. It is not 210 Weathervane that has gone under contract. Nope, it is 102 Weathervane. You know the one that came on the market a couple of weeks ago.

So one has to wonder-Why isn't 210 Weathervane selling? My best guess is that this is a perfect example to a stale listing. Because it's been on the market for so long, a lot of people assume there is something wrong with it. Perhaps it could be the lack of a large spacious yard, but I doubt it.

52 Brighton Square

2005-04-27T19:59:00.000-04:00

I have mentioned Brighton Square before, but here's a recap. Smaller units (about 900 square feet), 2 beds/ 1 bath. 1 level. Good location in Carrboro off of Main St.

Having said all that-I beleive that the newest listing in Brighton Square (#52) won't last very long. After previewing it, I found it tp be in great condition. So if you are in the market for a condo under $125 in Carrboro, make sure you take a look.

$101,000- upper end unit.

204 James St.

2005-04-26T19:44:00.000-04:00

Are you looking for a detached home in the close to downtown Carrboro?

Try 204 James St. (near the Carrboro Post Office) It is a 1971 ranch, with 1646 sq/ft upstairs and 1728 sq/ft downstairs in the basement (including a garage). 3 bedrooms and 2 baths on a .4 acre lot. $223,000.

From the exterior photos, I can't tell if this needs any updating. If you want to check this out, give me a call (919) 423-1072 and we can go take a private showing.

No new listings today.

2005-04-25T19:43:00.000-04:00

Just like the title says.

Kensington Trace Update

2005-04-24T19:34:00.000-04:00

Although they are not in Carrboro, I think it is wise to point out that 6 Kensington Trace condos are under contract right now.

Why is this important? In the past, Kensington Trace condos have languished on the market for a good amount of time. This new infusion of people wanting to buy in Kensington Trace does seem to help support a theory that some of us Realtors have been talking about lately: There aren't as many homes for sale this spring as there have been in the past.

I'm not an economist, but it seems like there could be tons of reasons for this. But what it means to you (if you're looking to buy Carrboro Real Estate)is that now is not the time to offer sellers the lowest price for their homes. Houses that are priced correctly and are in good condition are going to go very quickly.

212 Prince St

2005-04-23T19:24:00.000-04:00

A new listing on Prince St- a detached home- 212 Prince St. Listed at $198,000, it has 1616 square feet ($122 a sq/ft), 4 bedrooms and 2 baths. Built in 1971 (yes, it's a brick ranch)

One of the best features of this house is the new master suite addition. It has hardwood, floors, a separate bathroom and a private screened porch. The current owner lives in the addition and rents out the house.

If you are looking for something a bit less traditional in floor plan- this would be one for you to check out.

124 Weatherhill Point

2005-04-22T04:11:00.000-04:00

A new detached home in WeatherHill. $229,900, 1701 sq/ft ($135 a sq/ft), 4beds/ 2baths. For those who don't remember, WeatherHill offers full outside lawn maintenance with the monthly HOA dues. This particular unit also backs up to the small pond in the neighborhood.

Like I've said before, the opportunities for detached homes under $250K are getting to be fewer in numbers. If this is your price range, I highly suggest suggest you give me a call to see this Carrboro home.

No new Listings Today

2005-04-21T06:24:00.000-04:00

Hopefully there should be something new tomorrow.

108 Prince St

2005-04-20T11:13:00.000-04:00

This is a detached home, under 200K. 1961 Brick ranch, 3 beds/ 1bath, .48 acres, $174,000.

The listing already mentions that it needs repairs, but one has to wonder. $174K is not a crazy price, but if it needs work then it may be a bit too high

If you are keeping track...

2005-04-19T11:12:00.000-04:00

810 Roberts- under contract
122 S. Peak- under contract
213 Cedarwood- under contract

102 Weathervane Dr.

2005-04-18T10:41:00.000-04:00

102 Weathervane Dr is in the Cedars at Bolin Forest. Listed at $379,900, 2016 sq/ft, 3 beds/ 2.5 baths ($188 a sq/ft)

This is where I point out that 210 Weathervane has been on the market for 120+ days, listed at $344,900, 1711 sq/ft ($201) 3beds/ 3bath.

Apple Chill

2005-04-17T10:29:00.000-04:00

If you don't live in the Chapel Hill/ Carrboro area already and don't know about Apple Chill-please come into town today.

Apple Chill is Chapel Hill's annual spring street fair. From late morning to early evening about 50-55,000 people come in to shop for local art/jewelery, eat, and generally have a good time. There is no admission fee and lots of different musicians play concerts for free. The only other time this many people flood Franklin Street is when of the UNC Tarheel teams wins a national championship.

If you've missed Apple Chill 2005, then keep an eye out for next spring. But before that also keep your ears open for news about FestiFall, Chapel Hill's fall street festivial.

105 The Hollow

2005-04-16T10:23:00.000-04:00

Amazingly there is a new detached home on the market under 200K. 105 The Hollow is 900 sq/ft, ($166 a sq/ft), 2beds/ 1bath, for $149,900.

Please note this is a 1954 brick ranch being sold in AS-IS condition. FYI- this is not on city sewer.

110 Woods Walk Ct

2005-04-15T07:34:00.000-04:00

About half the people who walk into Community Realty, Inc. are looking for a home "walking distance to Weaver Street Market." 110 Woods Walk Ct in Bel Arbor is a newer home that just about fits the bill.

$320,000, 1831 sq/ft ($174 a sq/ft), 3 beds/ 2.5 baths, built 1997. Bel Arbor is a great community off of Hillsborough Rd. It even has its own private play area.

What else can you get for low to mid 300k in Carrboro? This house, 205 Cobblestone with the really big powerline, 107 Jones Ferry-which is attached to a condo association, and 210 WeatherVane Dr.-which I have talked about many times before in this blog.

Not a lot of options.

115 Creel St

2005-04-14T04:11:00.000-04:00

Looking for a detached home in Carrboro under 200K?

As I've mentioned before detached homes under 200K in Carrboro can be rare. 115 Creel St. is in Cole Heights off of Merritt Mill Rd. Listed at $199,550, built 1999, 1395 sq/ft ($143), 4 beds/ 3baths.

The pictures of this home look like a student rental, but like I mentioned you can't always go by the pictures. If you are looking for a detached home, you should call me soon (919) 423-1072, to take a look at this one.

103 Shadow Ridge Place

2005-04-13T04:11:00.000-04:00

This is another Lake Hogan Farms home on the market. 103 Shadow Ridge is 2804 sq/ft, listed at $439,000, 4beds/ 3.5 baths (please note this is an extra bed and bath in 250 sq/ft more than 304 Long Meadow for $384,900)

I must say, if you are looking through the MLS, the pictures of 103 Shadow Ridge don't look quite as exciting as those for 304 Long Meadow. I mention this because I want to remind everybody that not every REALTOR is an excellent picture taker. So although you can tell a lot from the pics, don't assume anything. If you think you may be interested, always call me and we'll go take a look. Sometimes homes that look great in pictures aren't as impressive in person and sometimes those that aren't that great in pics, turn out to be lovely.

213 Cedarwood Lane

2005-04-12T04:11:00.000-04:00

213 Cedarwood Lane is in the Weatherhill Townhome Complex, across 15-501. $115,000, 1050 sq ft, ($109 a sq/ft). If you like the floor plan this is a pretty good deal. We'll see what happens, but my guess is that it won't last long.

Happy Birthday to ME!!

2005-04-11T04:12:00.000-04:00

Is it Chapel Hill or Carrboro?

2005-04-10T05:11:00.000-04:00

304 Long Meadow Rd in Lake Hogan Farms is a new listing. The list price is $349,900, 3 beds/ 2.5 baths, 2557 sq/ft ($101 a sq/ft), .47 acres.

There are all types of facts and figures I could compare this to, but what I think it is important to mention that a lot of people consider Lake Hogan Farms to be in Carrboro. In fact there are some homes in Carrboro that pay Carrboro taxes and have a Chapel Hill mailing address.

If you are buying a home in the McDougle Elementary or Middle School district it is fact about your home that you want to be sure to ask your REALTOR about.

110 Lantern Way

2005-04-09T04:11:00.000-04:00

There's a new listing in Whispering Hills. 110 Lantern Way. Listed at $132,900, it is 1305 sq ft ($101 a sq/ft), two levels.

The real question is: does this back up to the apartments or the trailer park. That's right I said it. SOME OF WHISPERING HILLS BACKS UP TO AN APARTMENT COMPLEX OR TRAILER PARK. You heard it here. If you're thinking about buying in Whispering Hills it's something you should be aware of.

Does this mean the properties are impaired? I don't think so. I feel that as you shop around keep in mind that the features of a home that you love or don't mind may be something the next buyer may not want. Or they may be something they are ok with. Either way, Whispering Hills is a good example of how some home features can make or break a home for some people.

810 Roberts St

2005-04-08T18:21:00.000-04:00

810 Roberts is a small A-frame home off of Merritt Mill Rd. At 832 sq/ft, for $129,900 it is now the least expensive detached home in Carrboro that is move-in ready.

Having seen the home, I would like to point out that move in ready does not mean
'perfect condition'. This home appears to need some serious up-dating (and perhaps a dose of interior design).

That being said, if your budget is less than $150,000, then this may be one of your last chances to get into a detached home in Carrboro.

Village Square #E4

2005-04-07T18:16:00.000-04:00

Remember 119 Fidelity? The 850 sq/ft condo for $124,900 that I mention had been lingering on the market?

Well, there's new Village Square (#E4) on the market, that seems to be identical, for the same price. It will be interesting to see which one goes first...Showings don't start until 4/11/05, so perhaps the big decision will be which unit is in better condition.

100 Lilac Drive- Under Contract

2005-04-06T18:15:00.000-04:00

They are going quick.

100 Lilac Dr is under contract. I could lecture you again about how fast the market can move in Carrboro, but I think, it should be pretty clear.

202 Spring Valley- Under Contract

2005-04-05T18:10:00.000-04:00

I cannot be said that I do not keep my promises.

202 Spring Valley is officially under contract. For those who missed out- I am truly sorry. But if you continue to search listings (and read this blog), the next great home in Carrboro can be yours.

Two days in a row?!

2005-04-04T18:09:00.000-04:00

It's hard to believe, but I have nothing new to report.

I promise to find SOMETHING tomorrow.

No new listings today....

2005-04-03T18:03:00.000-04:00

701-A N. Greensboro- Under Contract

2005-04-02T18:01:00.000-05:00

Much like the title of today's blog suggests, 701-A N. Greensboro St is very much under contract.

This is yet another wonderful example of the Carrboro market. A home was priced correctly, in good condition, and it went under contract in less than a week.

It's Still Available...(part 2)

2005-04-01T17:54:00.000-05:00

Yet again today there are no new homes on the market, so I would like to point out some condos/townhomes who find themselves lingering on the market...

121 Westview Dr #12- $86,000, 613 sq/ft ($140 a sq/ft) 1 bed/ 1 bath
121 Westview Dr #7- $108,500, 528 sq/ft ($205 a sq/ft) 1 bed/ 1 bath
119 Fidelity- $124,900, 850 sq/ft ($146 a sq/ft) 2 beds/ 1 bath

Remember what I said yesterday about nothing being wrong with these properties? Apply that here.

It's still available...

2005-03-31T17:45:00.000-05:00

Notthing new on the market today, so I thought I would point out some homes I have talked about before that are STILL lingering on the market...

100-B High Street- $190,000, 844 sq/ft ($225 a sq/ft), 2 beds/1 bath
107 Jones Ferry Rd- $329,000, 2532 sq/ft, ($129 a sq/ft) 5 beds/3 baths
210 WeatherVane- $344,900, 1711 sq/ft ($201 a sq/ft) 3 beds/ 3 baths

These three markets have been on the market for more than 2 months. I am not saying that there is anything wrong with any of these homes or that you shouldn't buy them. What I am pointing out is that usually any home that is correctly priced and in good condition USUALLY moves off the market before 2 months have passed...

202 Spring Valley Rd

2005-03-29T17:20:00.000-05:00

Need 2800 sq/ft in a great community from where you can walk to Weaver Street?

If so, you need to check out 202 Spring Valley Rd ASAP! Listed at $348,000, 4 beds/ 3.5 baths, active and passive solar heat. $122 a square foot, this will not last long at all.

This sounds like a great house at a great price.

701-A N. Greensboro St.

2005-03-28T16:26:00.000-05:00

Looking for an efficient 950 sq/ft condo?

Look no further than 701-A N. Greensboro St. It's got 3 bedrooms and 2 full baths. Plus it's in Cedar Rock Co-op Community, listed at $127,500. The floorplan is open and the design unique. What's not to like? You can literally walk in Weaver St. Market in less than five minutes.

Happy Easter!

2005-03-26T16:11:00.000-05:00

Happy Easter! I'm taking a much needed couple days off, but I will be back to blog again on Monday.

Did you catch the hint yesterday?

2005-03-25T16:11:00.000-05:00

Yesterday I said that 101 Lorilane Dr was the cheapest detached home in Carrboro. So if you've been following the blog, you might ask yourself-what happened to 201 Alabama?

Well folks, I sold it. Actually, I helped a client get it under contract. So, to re-iterate- 101 Lorilane Dr. is the least expensive detached home in Carrboro. Don't say I didn't tell you...

101 Lorilane Dr.

2005-03-24T16:11:00.000-05:00

What will $184,500 get you in Chapel Hill or Carrboro?

101 Lorilane Dr. in Tennis Club Estates. This detached home has 3 bedrooms and 2 bathrooms, 1314 sq/ft and $69/month in HOA fees. (remember in Tennis Club Estates the HOA pays for outside maintenance of your yard (.05 acre)

That's $140 sq/ft, for you number crunchers. So is it a good deal? Well your other options for a detached home under $200K are well, NONE. This is it- the least expensive detached home for sale in Carrboro.

You missed it...again

2005-03-23T16:11:00.000-05:00

That right, 205 Robert Hunt Dr. is under contract AGAIN! I told you it was a good buy...

Almost Carrboro...

2005-03-22T16:11:00.000-05:00

If you are familiar with Carrboro, then you know Estes Extension. And if you know Estes Extension, you know that once you pass over the train tracks (coming from downtown Carrboro) on your right hand side there is a great community of townhomes called Village West.

122 Ridge Trail is the latest townhome on the market. It is 1300 sq/ft, 2 levels with 2 bedrooms (and according to the listing) 1 full bath and two half baths.

I have been in a number of these units and I have never seen one with 1 full and two half baths, so perhaps it is a mis-type or perhaps it is a floor plan which I am not familiar with. Either way, at $145,000($111.00 sg/ft)it seems a bit agreesively priced. The last 2bed units, with about the same amount of square feet sold for $130,000 7/04 and a 1500 sq/ft unit sold for $146,500 this month.

105 Rainbow St.

2005-03-21T17:11:00.000-05:00

My last blog I talked about houses under $300,000. If you can spend more than that amount and you are looking for a brick ranch in Carrboro-105 Rainbow St. could be worth taking a in-depth look at.

Here are the basics: $317,000, 2450 sq/ft ($130 sq/ft), built in 1972, 4beds/3baths, .75 acre lot.

What else can you get for under $325,000 in Carrboro? Remember those two houses from yesterdays blog--well that's it. If you add in the house on Alabama Ave, that makes 3 detached homes. Also, please note, there is a very similar split level on Quail Roost $344,000, 2250 sq/ft, 3 bed/2bath on .82 acres. (If you missed that blog I talked about how over-priced this is.)

The pickings for detached homes is slim right now. But as spring comes around, there are definately more listings to choose from. If a brich ranch isn't your style-just give it a little time. I'm sure something will become available...

100 Lilac Drive

2005-03-20T16:11:00.000-05:00

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.

119 Fidelity-the Review

2005-03-19T16:11:00.000-05:00

I was able to get inside of 119 Fidelity. Just for the record, I still feel it is a bit overpriced, but I was surprised to see that the unit has a lot of potential.

119 Fidelity is only 850 sq/ft. The layout is nice, with a open kitchen that flows from a continuous living/dining room. It is an end unit, so it also has a very nice deck which is surprisingly private.

So what's wrong with the unit? There is a LOT of cosemetic work that needs to be done. Painting, updating of the kitchen, new blinds, deep clean in the bathroom, etc...

If you are looking for a small fixer upper, come see this-if you can get this at the right price, it may be the home for you.

119 Fidelity - Village Square

2005-03-18T16:11:00.000-05:00

Village Square is down the street from A/C Fitness, between White Oak and Fidelity Court. This location is great, a very short walk to the Farmer's Market and Weaver Street Market.

But $124,900 for a 850 sq/ft, 2bed/1bath home is not great. $146 a sq/ft? Please note, that another unit in Fidelity Square sold in 7/04 for $121,000. Of course that unit was also two levels and 1024 sq/ft-($118 a sq/ft) In 8/04 a unit sold for $119,000 (2 levels, 1020 sq/ft-$116 sq/ft)

I guess if location is your number 1 priority, perhaps you can find it in your heart to pay this kind of price...

A second chance

2005-03-17T17:19:00.000-05:00

For those of you who missed out on the houses in Quarterpath Trace you now have a second chance.

205 Robert Hunt Dr. is back on the market. $280,000, 4bed/2.5baths, 2343 sq/ft ($119 a sq/ft). I said it before that this was a good price and I'm saying it again.

If you are looking for a nice family home, in the mid to upper 200K's, then go see this ASAP!

253 Sweet Bay Place

2005-03-16T16:11:00.000-05:00

A new condo in Roberson Place is available. 253 Sweet Bay Place can be yours for the price of $328,000.

Of course you are asking "why would I pay more than $300K for a townhome?" Well to start, it is 2300 sq/ft-larger than many of the homes available for sale today. And as I have talked about before, Roberson Place has an amazing location-easy walk to downtown Carrboro and Weaver Steet Market.

In addition to the 4beds/3.5 baths, the listing descriptions says the end-unit is "highly customized...totally renovated...Maple floors, sisel carpet, built-in-media stage, recessed lighting....solid surface countertops, contemporary cabinets. The master Bath has a glass shower, raised sink, and tv access."

That's a lot of up-grades, but I wonder if it is "too much?" I will go inside this mystery and let you know 253 Sweet Bay Place is really worth $142 a sq/ft.

8711 Drew Lane

2005-03-15T16:11:00.000-05:00

I realize this is a Carrboro Real Estate Blog, but a Chapel Hill Home caught my eye and I thought you all may want to know about it.

8711 Drew Lane is a 3093 sq/ft, 4bed/2.5bath home. Listed at $509,000 it doesn't sound like much of a deal. What is intriguing is that the house sits on 1.01 acres. It also should be mentioned that the schools for this home are Carrboro Elementary, McDougle Middle, and Chapel Hill High. Drew Lane is located just past Lake Hogan Farms, not too far of a drive to downtown Carrboro.

Every so often someone calls looking for this type of property--A larger home that has a large lot, but not 5+ acres. This is it. Even with the acre, the pricing may be still a bit high and of course I haven't seen the inside. Still it is worth mentioning.

Suggestions?

2005-03-14T18:57:00.000-05:00

I've been blogging for about two months and I'm wondering if:
A.) Is anybody finding this blog useful?
B.) Do you have any suggestions?
C.) Are you coming to my Potluck THIS FRIDAY (from 6pm-until)?

Please, if you are out there and you have suggestions or just want to let me know that this blog is useful to you, then leave me a comment or two.

Also, "C" is in reference to my very first potluck party ever. It is completely casual and intended to simply be an easy way for 'locals' to get together, meet new people and have a little fun. Even if you don't live in Carrboro, I'd love to see you there.

If you blinked, you missed it.

2005-03-13T16:11:00.000-05:00

106 Hanford is already under contract.

I do want to point out (yet again) that the Carrboro Real Estate Market can move very, very, very, quickly. If you are thinking about buying, make sure you are working with a REALTOR who follows the market very, very, very closely.

100-B High St.

2005-03-12T16:11:00.000-05:00

Got a $190,000 to laying around, burning a hole in your pocket? You may consider spending it on 100-B High St.

This 844 sq/ft home (no, you didn't read that wrong and I didn't mis-type) is $225 a square foot. 2beds/1bath. The location is good-but $225 a square foot good? Somehow, I am not seeing it. But maybe it's just me...

106 Hanford Rd

2005-03-11T12:37:00.000-05:00

A new listing in Fairoaks. 106 Hanford Rd is listed at $249,000, 1715 sq/ft, 3beds/2baths.

This seems like a pretty good deal. Fairoaks is a great neighborhood and this house is priced to sell. I'll be very surprised if this lasts more than a week on the market.

Under contract again...

2005-03-10T14:54:00.000-05:00

That's right, 605 Hillsborough is under contract again. Even without being able to be shown (officially, a buyer's agent (with Community Realty) got his client in and successfully negotiated an offer. Yet another shining example of the Carrboro market.

It's a bird, it's a plane...

2005-03-09T18:09:00.000-05:00

It's....another Berryhill home on the market.

Of course I say this in jest. Please do not assume I am implying there is anything wrong with a home in Berryhill. In fact, I would venture to say that with the new high school coming up the road, now is a great time to buy in Berryhill.

Here's the facts:

$365,000, 2560 sq/ft, 4 bedrooms and 2.5 baths. The seller wants to stay until mid-June.

400 Berryhill Dr.

2005-03-08T20:28:00.000-05:00

Looking for a 1700 sq/ft one level detached house, with 3 bedrooms and 2 baths?

400 Berryhill Dr. may be the answer for you. At $244,000, (approx $142 sq/ft) this is worth checking out, especially since the monthly $66 HOA dues include yard maintenance. I'll check this out and report back on it's condition.

605 Hillsborough Rd

2005-03-07T11:23:00.000-05:00

Remember that small house that was on the market for less than 12 hours? Well, it's back on the market.

(For those who don't remember, here are the 605 Hillsborough facts: $154,900, built 1952, 937 sq/ft, 2bed/1bath, nice lot, will need serious updating)

It turns out that the oil tank had a leak, which the caused the original buyer to walk away from their contract. However, before you get too scared, please note that the seller is now fixing the problem (and probably raising the price of the home). There are no showings until after the 11th. It will be interesting to see what happens Friday.

114 Purple Leaf Place

2005-03-06T15:15:00.000-05:00

There is a new Roberson Place home on the market-114 Purple Leaf Place. For those who haven't read previous blogs about Roberson Place, you'll want to note that there was recently a FSBO offered at $340,000 (less sq/ft than 114 purple leaf place) and there is a new construction home that will be available late this summer for about $370,000.

114 Purple Leaf Place is 2584 sq/ft w/ an additional 1032 unfinished sq/ft in the basement. 4beds/2.5 baths. As always one of the biggest appeals to this is the LOCATION. Roberson Place is a short walk from Weaver Street Market. Also, it was built in 2000.

What is the downside? (besides the price...) The yard is practically non-exsistant, only .12 acres. If you are looking for a place for the kids and the dog to run, this is not the home for you.

Real Estate Closing Costs

2005-03-05T22:40:00.000-05:00

Just about every new home or mortagage commercial promises "we pay your closing costs." But what does that mean exactly?

First, you need to know that the "closing" is the final step in a home buying transaction. At closing, the buyer pays the purchase price to the seller (usually with proceeds from a loan) and the seller gives the buyer a deed transfering title to the property to the buyer.

Along with the money to buy the home, the buyer has usually acrued some other charges that need to be paid. At closing, the buyer's lawyer collects the monies for these debts and makes sure everything and everybody has been paid.

Some of these debts can be: appraisal fees, inspection fees, banking fees, mortgage payoffs (for the seller), recording fees, and of course the lawyers fees. Trust me when I say, the list above is by no means complete. But if you want to learn more I strongly suggest attending my free home-buying class, Wednesday March 16 from 6-8pm. Give me a call and I'll sign you up. (919) 423-1072

122 S. Peak Dr

2005-03-04T22:33:00.000-05:00

A promising new listing in Carrboro today. 122 S. Peak Dr. is a end unit townhome. I will not be able to go inside of the home until tomorrow. (Saturday)

Here are the facts:
List Price: $149,900
Sq/ft: 1600 sq/ft ($93 sq/ft)
Rooms: 4bed/2.5 bath
Description: Bike to campus from this spacious tri-level. Office/study on main level could be 5th BR. LR w/ FP. New stove. Large deck. Very sunny & bright. Skylight in stairwell on main level. Carpet thru-out. Utility room w/ room for full-sized washer and dryer. Lots of storage. Basement study w/ separate entrance.

(the above is the listing agent's description. Remember I haven't seen it yet!)

If the view from the home isn't bad, it makes for a good investment (if you can get it at the right price)

You snooze, you lose...

2005-03-03T15:09:00.000-05:00

Once again, another one day listing in Carrboro. 502 W. Poplar #C-1. It is a 954 sq/ft one-level townhome, 2bed/1bath for $117,500. It is too late to wax poetic about it because it is already under contract.

2005-03-03T14:55:00.000-05:00

107 Jones Ferry Rd

2005-03-03T14:53:00.001-05:00

251 Sweet Bay Place (inside)

2005-03-03T14:53:00.000-05:00

502 W. Poplar

2005-03-03T14:52:00.000-05:00

304 Manor Ridge Dr.

251 Sweet Bay Place

2005-03-02T19:37:00.000-05:00

New Condo on the market today-251 Sweet Bay Place. $250,000, 1578 sq/ft, 3bed/2.5bath, full unfinished basement, built in 1997.

You can't beat this location in Roberson Place. Not many of these have been available through the MLS (none since 4/03). That similar unit sold for $225,000. So how does this compare to what else is on the market?

If you are talking square footage, you can get a new Twin Magnolias condo in the $230,000's range, or a new Mulberry St. Condo for the upper $260,000's.

In the same price range you have the condos I listed above, or your choice of the detached home, 105 Calumet Ct ($234,000/1523 sq/ft/3bed/2bath, built 1977).

107 Jones Ferry

2005-03-01T14:30:00.000-05:00

Looking for a home with a little history? 107 Jones Ferry might be what you are looking for. Built in 1911, this 2500+ sq/ft, 5bed/3bath home is waiting for someone to come in with some money and fix it up into the bungalow that dreams are made of.

Of course, I do have to mention that this isn't an ordinary detached house. It is in fact part of the townhome subdivision that is behind it, Twin Magnolias. Also, I wasn't kidding when I said someone would need to invest some money. It has obviously been used as rental property for a good amount of years. So even though the plumbing and electrical has been updated, it needs a lot of work to make it a home.

And this can all be yours for the price of $329,000...

304 Manor Ridge Dr.

2005-02-28T10:13:00.000-05:00

In honor of yesterday's blog, I wanted to talk a bit about the other home available in the BerryHill subdivision.

304 Manor Ridge Dr. is listed at $398,000. 2700 sq/ft, 4beds/3 baths, built in 2000. How does this compare at what else is out there?

Well in Carrboro, the next closest in price homes available for sale are 210 Weathervane ($349,900/3beds/3bath/1700 square ft) and 509 Rockgarden Dr. ($559,900/4bed/2.5baths/3022 sq/ft-this is a spec house, so it is not built yet).

The market is tight right now, it looks like this spring is going to be really busy.

802 Manor Ridge

2005-02-27T17:56:00.000-05:00

Once upon a time, in a land called Carrboro, there was a home that went by the address of 802 Manor Ridge Dr. It was 2326 sq/ft, with 4beds/2.5baths, in the BerryHill subdivision, listed at $334,000....

Of course, in the world of the 'Carrboro Real Estate Market' homes like this don't last long. After 16 days on the market, three different people put offers on this home. (In fact, I helped one of those people)...

I'll keep you updated on the results...but it just goes to show you, you can NEVER sleep on this real estate market...

110 Barbee

2005-02-26T13:37:00.000-05:00

New condo on the market, 110 Barbee in Whispering Hills.

The location is excellent, walking distance to Weaver Street Market or bike to campus. However the unit itself, feels a bit cliched. Offered at $114,900 it is two levels, 2bed/1.5baths (half bath downstairs.)

This unit isn't going to win any design awards, but it is a reasonable option for someone who's main concern is a great location in Carrboro.

Brighton Square

2005-02-25T17:38:00.000-05:00

As of today, there are six different Brighton Square Condos, ranging in price from $86,000 to $115,000.

Four of the units are one level (either 1st or 2nd floor) units with 2bed/1bath floorplan (approx 850 sq/ft). It's not a bad floor plan, but it's not the most original I've seen either. One nice feature is that on the 2nd floor units the master bedroom has a small balcony. Please note however this group contains highest price unit. This is because one unit is in a completely renovated building. (a fire damaged the building a couple of years ago). $115,000 is a bit high compared to $98,000, but of course at $115,000 everything is brand new.

The two remaining units are priced at $86,000 and $108,500. Both of these units are less than 650 sq/ft with 1bed/1bath. Unlike the other units these are one level end units. They are small, but may be interesting to the buyer who wants a small condo that doesn't have somebody living either directly above or below.

2005-02-24T12:07:00.001-05:00

inside Calumet Ct.

2005-02-24T12:07:00.000-05:00

inside Pathway Dr.

2005-02-24T12:06:00.000-05:00

Calumet Ct.

2005-02-24T12:05:00.001-05:00

2000 Pathway Dr.

2005-02-24T12:05:00.000-05:00

220 Knolls St. (under 100K)

Calumet Ct. and Pathway Dr.

2005-02-24T11:27:00.000-05:00

Looking for a home under $200,000. Here are two choices:

105 Calumet Court- $234,900, 1523 sq/ft ($154 sq/ft), 3bed/2 bath.
2000 Pathway Drive- $236,000, 1874 sq/ft ($125 sq/ft), 3bed/2.5 bath.

So how do these compare? Calumet Court was built in 1977 and Pathway Drive was built in 1990. From the pictures you can see each house reflects these dates.

So why isn't Pathway Drive the obvious choice? Calumet Court is on a much bigger lot, where as Pathway Dr. sits on .17 acre. Also, Webbwood is a lot closer of a walk to Weaver St. Market vs. Pathway Dr. (Also note, Pathway is a short walk to McDougle Elementary and Middle school.) There are no HOA dues for Calumet Court and the home is full of skylights.

There is no better home. As I tell my clients, the goal here is not to sell you a home, but to find the home which best fits your needs. If this your price range, the real value is in which home is the best match for your family.

The Last 100K House

2005-02-23T21:18:00.000-05:00

There is only one home under $100,000 in Carrboro-220 Knolls St. Listed at $99,900, it is 952 sq/ft, with 3 bedrooms and one bathroom. It is also sitting on an .25 acre lot. (about $105 a sq/ft)

This is not a bad deal for someone looking for either a small starter home or for a small house as investment property. Although, be warned the buyer will need to invest money into updating the kitchen and bathroom.

2005-02-22T14:27:00.001-05:00

205 Robert Hunt Dr.

2005-02-22T14:27:00.000-05:00

Outside of 201 Alabama