In our end-of-year Market Report for 2018, we reported that the supply of homes priced under $300,000 was down by 4.4% across our nine-county region. In fact, it’s possible that in certain communities, there may no longer be affordable homes available.
If you’ve been shopping for an affordable home in Western North Carolina, that’s probably not news to you. However, you may not know that your chances of finding an affordable home increase as you travel farther from our metro areas. Buyers willing to consider Rutherford County are finding plenty of affordable opportunities—Their supply of homes priced under $300,000 was up by 25% last year!
Our Beverly-Hanks REALTORSⓇ are experts in their communities. That means that they know where to find hard-to-find properties, including great supplies of affordable homes. And some of them were willing to share their secrets.
We asked them: Where are the most affordable neighborhoods right now in WNC?
Baldwin Commons, located in Arden, is a new townhome community featuring a dog park, playground, and fantastic proximity to all South Asheville’s amenities. Where else can you buy a new-construction home in South Asheville that falls within the guidelines of Buncombe County’s affordable housing classification AND be able to select all of your own finishes?!
We think there remains excellent value in the Swannanoa area. Even the $200,000–$300,000 range produces quality homes, often on oversized lots with views. The super-easy commute to downtown Asheville, plus proximity to Warren Wilson’s hiking trails, makes Swannanoa a solid alternative to some of our more overheated markets.
For active retirees, Little River Ranch, 10 minutes from Brevard and 15 minutes to Hendersonville, is a great buy. Views abound from every home overlooking Crab Creek Valley, and it’s only a few miles to easy hiking at DuPont State Forest. Homes are moderately priced in the $200,000–$300,000 range. Low Transylvania County taxes are a plus.
Burnsville has some very affordable housing and boasts of some of the best views in Western North Carolina, with Mt. Mitchell (the highest peak east of the Mississippi River) resting on the far east side of Yancey County. Find low-priced homes for the value with a priceless view from almost every window. Come give us a look-see.
Rutherford County has been a great location for home sales over the last several years. Rumbling Bald Resort on the north end of Lake Lure offers two 18-hole golf courses, and you can get more for your money there verses Henderson and Buncombe counties! It is in a thermal belt with very mild weather both summer and winter. Plus, it’s less crowded.
Remember lightning bugs, neighborhood cookouts, peaceful mornings (and evenings!) enjoying what you’ve worked so hard to achieve. Then, consider Horseshoe Ridge in Barnardsville! It’s minutes to Asheville’s downtown culture and cuisine, but conveniently located in northern Buncombe County. It’s the best of all worlds. Give it a try—you won’t be disappointed!