If you’re looking for steady fix-and-flip investment opportunities, your money is better spent in tornado alley or along the Gulf Coast. Western North Carolina isn’t known for its unpredictable weather.
Sure, we have the occasional 100-year flood. Any area with our unique topography is prone to some weather-related issues. But in general, we’re content to live in the unofficial Land of Four Seasons.
Here, in Western North Carolina, businesses are built around opportunities present during each rich climatic period. Here are just a few of the ways companies have invested in seasonal business in WNC:
The elevation across Western North Carolina varies from just under 800 feet at the confluence of the Green River and Broad River in Polk County to 6,683 feet at the peak of Mount Mitchell, the highest peak east of the Mississippi. With a range of nearly 6,000 feet, communities across WNC each experience the throes of winter a little differently. Areas like the Sapphire Valley Ski Resort, Cataloochee Ski Area, and Wolf Ridge Ski Resort take advantage of their elevation and length cold season to offer some of the best ski opportunities in the Southeast.
Once the ground thaws and the trees begin their bloom, WNC transforms into a spring wonderland! Tourism is often still in a lull, so it’s up to locals to reinvigorate town centers and jumpstart spring activities. This is the season of planting for many across WNC. Homeowners are busy shopping at plant nurseries to improve their curb appeal with native plants. Local farmers are busy as bees, planting for the summer, collecting CSA subscriptions, and planning their farmer’s market strategies.
Summers across WNC are mild compared to many you see across the South, even as close as the NC Piedmont. But rivers and waterfalls stay cool year round, attracting outdoor enthusiasts of all interests, skills, and ages. Hiking and biking are popular sports, as evidenced by the success of guide services like Pisgah Mountain Bike Adventures and gear companies like Bluff Mountain Outfitters and Second Gear. Water sports also attract tourists and locals alike, from white water rafting on the Nantahala River to tubing lazily down the French Broad to New Belgium Brewery in Asheville’s River Arts District.
Ah, fall. The season of change, where towns and cities across the region see a frenzy of activity from tree-gazing tourists while simultaneously beginning to slow down for the winter. Breweries across the region shift their focus from (still ever-present) IPAs to browns, ambers, and the seasonal favorite—pumpkin beers! Local cideries like Noble Cider take advantage of the abundance of apple farms across Henderson County and beyond. And independent restaurants transition their menus to more fully incorporate autumnal squashes, turnips, carrots, and brussel sprouts.
All real estate is local. In order to make confident real estate decisions, we believe it is important for you to have timely and community-specific information. If you would like more information about seasonal-related business opportunities, our experts at NAI Beverly-Hanks are here to help.