Archive for the 'North Raleigh' Category
North Raleigh Homes For Sale - Bedford Still Going Strong
May 29th, 2008 Categories: Bedford, New Construction Homes, North Raleigh
The Bedford neighborhood in North Raleigh has been one huge success story. This neighborhood has won multiple awards for design and planning. Once you visit Bedford, you’ll understand why.
The neighborhood is full of tree lined streets, sidewalks on both sides of the street, parks and common areas, ponds, walking trails, a community center with swimming pools and tennis courts. There is even a four sided clock in an old fashioned town square. Just hang out for a bit and you will see kids playing in the parks, adults running and walking dogs. People stopping by a neighbor’s porch to chat for a while. Yes, the old fashioned community feeling is alive and well in Bedford.
And don’t fret if you have been on the fence waiting to buy a home in this great community. There are plenty of opportunities left and the neighborhood amenities just keep on getting better and better.
The latest phase of Bedford is now open and there are about 20 homes in inventory at any given time. This new phase is called the Wainwright Collection and features some of the area’s very best builders. Well known custom builders such as Houseman, Woodard, Tingen, CityScape, Rice, and Timberline are building some really great homes that will keep the Bedford building tradition going for a few more years.
The first phases of Bedford sold really well despite a common comment that the yard sizes were a bit on the small size. With a neighborhood design such as Bedford, with so much common area and walking trails and sidewalks, small lot sizes have worked much better that you might think. However, the developer has listened to the feedback and responded with larger lot sizes in the new phase.
Home sites are now 1/3 acre minimum with some cul-de-sac lots measuring even bigger. There are even basement lots available. Almost unheard of in the Raleigh real estate market.
There are some brand new neighborhood amenities on the way that will make Bedford an even more convenient place to live. A new commercial center is under construction near the clock tower. There will be a day care center, fitness center and an Italian restaurant for starters. Once these things take off, who knows what will be next.
Home prices for finished inventory range from $217,000 for townhomes to $700,000 for some incredible homes with tons of custom details. If you haven’t checked out Bedford in North Raleigh yet, you owe it to yourself to pay a visit. If you would like a personal tour of some of the finished homes, or want to take a look at available lots for per-sale opportunities, just give me a call at 919-602-7000, or send me an email.
Search all Bedford homes for sale
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New Listing | Bedford Home For Sale
January 16th, 2008 Categories: Bedford, North Raleigh
Almost new cottage home for sale in Bedford
Rocking chair front porch is large enough to really enjoy. Hardwoods on entire 1st level. Family room features a ceiling fan and gas log fireplace. The generous sized kitchen has a smooth top range and upgraded 42″ cabinets. The awesome master suite has a luxury bath with separate shower, garden tub, and raised dual vanities. Each of the 3 bedrooms has its own private bath. The courtyard style back yard is completely fenced. A detached 2-car garage will keep your cars safe from the elements. There is no better value in Bedford!
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Asking Price: $242,000
Sq. Feet: 1805
Lot Size: .07
Bedrooms: 3.5
Bathrooms: 3
# of Floors: 3
HOA/Maintenance Fees: $61/month
Garage Size: 20×20
Subdivision: Bedford
Year Built: 2006
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North Wake Landfill Closing This Spring | Falls River Homeowners Hardly Knew It Was There
January 9th, 2008 Categories: North Raleigh
Falls River property values were never really affected by the presence of the massive North Wake Landfill. A testimony as to how careful neighborhood planning, and a modern landfill, make for a peaceful existence between such unlikely neighbors.
Falls River in North Raleigh has been an interesting kind of experiment for our market. It was one of the first neo-classic neighborhoods built on such a large scale in our area. It was also built right beside of a very large landfill. The landfill was there first, so the developers knew what they were getting involved in.
I’m sure that there were some potential home buyers who were turned off by the whole idea of living so close to the dump. However, several factors made it almost a non-issue.
First, you never could really smell any odor. The technology used made sure that there was no foul smell. Secondly, you could not see it from most of the neighborhood. There were a couple of distant views only in the fall when the trees lost their leaves.
My wife and I purchased a home in Falls River back in 1998 and sold it in 2006. We made a 52% profit on our original purchase and sold our home in 3 weeks! The landfill was, of course, still operational when we sold.
We loved the neighborhood and sometimes wish we were still there. The tree lined streets, the craftsman style of the homes, the large front porches, the parks… I could go on and on. And a very convenient location too!
Here is the average sell price for Falls River homes over the past 5 years
In 2007, 74 Falls River homes sold for an average of $292,982
In 2006, 81 Falls River homes sold for an average of $278,913
In 2005, 109 Falls River homes sold for an average of $265,237
In 2004, 95 Falls River homes sold for an average of $247,527
In 2003, 72 Falls River homes sold for an average of $238,698
If you are thinking of buying in a neighborhood like Falls River, you should call me as soon as possible. Just think what might happen when the landfill is turned into a huge public recreational facility in a couple of years. More on that later!
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Vasrity Men’s Wear | Specialty Men’s Clothing in Raleigh North Carolina
November 30th, 2007 Categories: Local Businesses, North Raleigh
As a Realtor in Raleigh, NC, I’m expected to dress fairly nice. The public has this expectation of most professional service businesses. And besides, the clothes one wears has a big impact on first impressions. Making a good first impression is important in the real estate business just as it is in all other walks of life.
Men, if you live in Raleigh and want to make first impressions that last, you need to shop at Varsity Mens Wear!
Varsity Mens Wear is located in Crabtree Valley Mall at Glenwood Avenue and I-440. This amazing company has been at Crabtree since 1972 offering personalized service and some of the top names in mens fashion. Varsity has a great inventory of off the rack and custom mens wear from top brands such as:
Hickey-Freeman
Samuelson
Gitman
Ike Behar
Robert Talbott
Tallia
Zanella
Before I go on about all the great mens clothes available at Varsity, let me take a moment and comment on what really sets Varsity Mens Wear apart from other places you men could shop for clothes.
The competitive advantage that Varsity has is a knowledgeable sales staff who aim for total client satisfaction and really care about how their clients look in the clothes they purchase. In my real estate business I pride myself on delivering world class client service, so I’m a bit more discerning than most when it comes to this all important matter. Varsity Mens Wear has nailed world class client service!
A Personal Testimony
I recently needed to add several pairs of trousers to my wardrobe. A quick trip over to Varsity and I once again found myself immersed in that experience that only comes from the perfect combination of great products and sharp people who truly enjoy what they do. I had the absolute pleasure of being served by Sammy Thompson, one of the most knowledgeable mens fashion consultants you will ever meet.
I have a particular body type that causes most pants to not fit me well, right off the shelf. I explained what I disliked about the fit of some pants I have bought in the past and Sammy went right to work coming up with a solution for me. We ended up going up a couple of waist sizes to get the right fit through the seat and legs, and then taking each pair of pants in through the waist. The result was that Sammy was able to find me off the rack pants that could be easily modified to meet my particular needs.
Sammy did something that is all too uncommon these days. He listened to his client and applied his years of experience to solve my problem. I now have several new pairs of reasonably priced, off the rack pants that fit similar to much more expensive custom made pants.
One other thing that helped make all this come together is Varsity’s in-house tailor. Having control of the entire process allowed Sammy to use his skill in fitting mens clothes to its maximum potential.
The Bottom Line
I just cannot say enough about the level of performance by everyone at Varsity. They order the right merchandise. Keep a very good inventory. Apply years of experience in personalized service and skills in helping men dress sharp. And provide expert tailor services to get the fit just right. You simply have to experience shopping at Varsity for yourself. You will not be sorry.
If you want to look your very best, go see Sammy Thompson over at Varsity Mens Wear. Upscale mens clothing. Unequaled personal service. These guys make it easy to get the fit and look you want.
Varsity Mens Wear
Crabtree Valley Mall
Raleigh, NC 27612
919–782–2570
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North Raleigh Real Estate | Bedford Homes for Sale
November 26th, 2007 Categories: Bedford, Buying a Home, North Raleigh
Last week I did an article on Falls River homes for sale and received lots of requests for a similar post on activity in a sister neighborhood, Bedford. So, here’s your Bedford homes for sale update.
Price appreciation is a little hard to estimate in Bedford right now because the community is so new. In 2004, there were 255 homes sold in Bedford at an average price of $286,468. Compared with the YTD home sales shown below, that looks like a $83,517 (29%) increase in average sell price, over a 3 year period. Just keep in mind that this number could be skewed somewhat simply by builders choosing to build in higher price points. That being said, Bedford seems to be appreciating at or just ahead of the Raleigh real estate market in general.
$369,985 Average Sell Price
2,747 Average Square Footage
245 YTD Home Sales in 2007
92 Average Days on Market
The price points are a little above the average for the North Raleigh real estate market; however, the product and the neighborhood are outstanding. Here’s how the current inventory breaks out.
DETACHED SINGLE FAMILY
3 Bedford homes for sale under $300,000
9 Bedford homes for sale between $300,000 – $350,000
10 Bedford homes for sale between $350,000 – $400,000
11 Bedford homes for sale between $400,000 – $450,000
6 Bedford homes for sale between $450,000 – $500,000
6 Bedford homes for sale between $500,000 – $550,000
16 Bedford homes for sale between $550,000 and $600,000
9 Bedford homes for sale between $600,000 – $700,000
14 Bedford homes for sale over $700,000
All 14 homes for sale over $700K are in the Bedford Estates section and are priced all the way up to $1 million.
TOWNHOMES
7 Bedford townhomes for sale under $200,000
4 Bedford townhomes for sale between $200,000 – $250,000
2 Bedford townhomes for sale between $250,000 – $300,000
3 Bedford townhomes for sale over $300,000
Many of the Bedford townhomes offer garages and have access to all the great amenities that make Bedford such a special place.
If you’re considering moving to Bedford in North Raleigh, and want to know more about the neighborhood, give me a call or send me an email and I’ll be glad to answer any questions you have. I can also schedule private showings of homes in this great neighborhood for you.
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Raleigh Gets Trader Joe’s
November 21st, 2007 Categories: Inside the Beltline, North Raleigh, Why Move to Raleigh?
Finally, clients relocating to Raleigh won’t have to give up their weekly trips to Trader Joe’s! It’s been rumored for months, but now it’s official. Trader Joe’s is opening a store in Raleigh. The specialty grocer has confirmed that it will open the Raleigh store in Holly Park shopping center, which is located on Wake Forest Road near I-440.
All the company is saying right now is that the store will be approximately 12,000 square feet and will open by 2009. I’m sure many of the loyal Trader Joe’s fans who have moved here from other parts of the country they served will be pleased when the store opens. I hope they hurry!
This will actually be the third Trader Joe’s location in the Triangle area. I think this says good things about our area! There is also a store in Cary and one in Chapel Hill. I personally don’t live close enough to the Cary location to make it a regular stop for day-to-day shopping, but the time or two that I have stopped in, I was quite impressed. The store was full of great foods, many of which cannot be found in the more traditional grocery store.
Trader Joe’s is regarded as an upscale grocer and this should be really good for the Holly Park shopping center. The strip style shopping center has languished for years without any big draw names. Trader Joe’s could change that. And it doesn’t hurt that the shopping center was purchased a few months ago by Lat Purser & Associates who has plans to give the center a much needed overhaul.
The renovated shopping center could easily serve home owners from Raleigh’s Inside the Beltline area and Midtown neighborhoods. Any comments from readers in cities where Trader Joe’s is located?
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North Raleigh Real Estate | Falls River Homes For Sale and Neighborhood Overview
November 19th, 2007 Categories: Buying a Home, North Raleigh
There are currently 22 homes for sale in Falls River in North Raleigh. This awesome neighborhood has a variety of housing that will meet just about any need. And the amenities are pretty good too! This eleven year old North Raleigh neighborhood features community parks and playgrounds, sidewalks on both sides of tree lined streets, and a super convenient location.
The average home price has increased by $48,483, or 21%, over the last 5 years. Here are the current 2007 market statistics for Falls River.
$277,859 average sell price
2,175 average square footage
75 YTD home sales in 2007
41 days on market, average
Now is a great time to buy a home in Falls River. The 22 homes for sale break down as follows.
DETACHED SINGLE FAMILY
4 Falls River homes for sale under $250,000
6 Falls River homes for sale from $250,000 - $300,000
3 Falls River homes for sale from $300,000 - $350,000
2 Falls River homes for sale from $350,000 - $400,000
1 Falls River homes for sale over $400,000
CONDOS
3 Falls River condos for sale under $150,000
TOWNHOMES
1 Falls River townhome for sale under $200,000
2 Falls River townhomes for sale from $200,000 - $250,000
As you can see, there is a home for sale for just about every budget in Falls River. And it’s a great place to live too. I lived in Falls River for 8 years and there is much that we miss about this great neighborhood.
If you are looking for a place with a real community feel and distinctive architectural style, Falls River might just be the place for you. Leave your comments below, or give me a call if you want more info on homes for sale, or the Falls River community in general.
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Raleigh Homes for Sale - Monday Morning Update
September 17th, 2007 Categories: Inside the Beltline, North Raleigh, Real Estate Market Trends
Good Monday morning everyone! Here’s your weekly market stats for Raleigh homes for sale.
There’s still lots of good inventory out there. And interest rates remain very good with an anticipated rate cut likely to result from the Federal Reserve FOMC meeting this Tuesday. This remains a very good time for buyers to purchase a wonderful home AND participate in a healthy real estate market with very good return on investment.
I’ve had several requests for sales data that shown price trends, so I came up with a chart that illustrates the increase in average sell price over the past 24 months. Here’s the chart that contains the data for homes sold in Raleigh, North Raleigh and Inside the Beltline.
Keep in mind that this is NOT resale appreciation. At least not exactly. This data contains information on new construction homes which is currently about 1/3 of the Raleigh real estate market. New construction data can skew the results simply because builders choose to build more or less expensive homes. In our market they are choosing more expensive, over time. Which is kind of what you would expect in a healthy market.
This does, however, give us a clear indication that prices are increasing at a very manageable level. There are no indications that this trend will end any time soon in Raleigh.
It’s a great time to sell because you can realize a very good profit based on the price you likely paid just a few years ago.
It’s a great time to buy because waiting will likely mean you will pay a good 6–7% more twelve months from now. And purchasing now gets you in the game at a very good time to benefit from future appreciation.
If you would like to discuss what these numbers mean for your planned purchase or sale of a home in the Raleigh area, give me a call, or email me and I will be happy to to discuss this with you personally.
Have a great week and be sure to check back often for stories about various neighborhoods and a great new feature that will be added to the site this week. I will have an event calendar up soon that will allow you to search for fun things to do here in the Raleigh area. As always, your feedback is welcome!
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Bedford Offers Real Community Feel in North Raleigh
September 14th, 2007 Categories: Bedford, New Construction Homes, North Raleigh
When I’m helping a client relocate to Raleigh one of the first things they say is they want a really nice neighborhood. When we start to define what that means to them, invariably the list of wants includes things like community pool and tennis, sidewalk and walking trails, and friendly community atmosphere. The award winning Bedford neighborhood in North Raleigh delivers all this and much more.
Bedford is in a great North Raleigh location just north of I-540. It is near shopping, entertainment, health care facilities, and just a modest drive down I-540 will take you to Research Triangle Park (RTP) and the airport. Bedford is one of the larger of several residential neighborhoods in this general area. This medium density of residential homes is just the right amount to attract lots of the conveniences that today’s home buyers are looking for.
As far as the homes for sale in Bedford… there is something for just about everyone. There are townhomes that start in the $150s all the way up to estate homes at almost $1 million. And there are lots of choices in between too. Currently there are 120 homes listed for sale in Bedford. Of those, 61 are new construction.
Bedford is a very well thought out community and has won dozens of national and state level Home Builders Association awards such as Community of the Year, Master Planned Community of the Year, and numerous Parade of Homes awards year after year.
As good as the general area of North Raleigh where Bedford is located is, there is plenty to do without ever having to leave the neighborhood. The amenities include:
- multiple parks and playgrounds
- greenways and walking trails
- neighborhood farmers market
- recreation center with clubhouse
- tennis courts
- volleyball courts
- basketball courts
- picnic pavilion
- two swimming pools
I will focus on the various sections of the neighborhood and homes and architectural styles in future articles,so be sure to check back soon for updates on this great neighborhood.
Click here if you want to search for homes for sale in Bedford. Just click on the “subdivision” tab at the top of the search tool and type “Bedford” into the property location area.
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Hasentree Brings a New Level of Luxury Living to Raleigh Home Buyers
September 11th, 2007 Categories: New Construction Homes, North Raleigh, Wake Forest
Interested in a Raleigh home that features European styled architecture from the area’s best custom home builders?
Does a serene setting in the Falls Lake preserve surrounded by private wooded walking trails appeal to you?
Do you want everything you need to enjoy an active lifestyle including:
- lighted clay tennis courts with a tennis pro shop
- championship Tom Fazio golf course
- 30,000 square foot clubhouse and pro shop
- state of the art fitness center
- water and swim pavilion
- 13,000 square foot family activity center
- club concierge service
Hasentree might be just what you’re looking for. Located in the edge of Wake Forest, just north of Raleigh, Hasentree offers a very unique lifestyle opportunity for the discerning home buyer who wants an unparalleled level of luxury and amenities.
Folks, this really is a special community. There is nothing quite like it in our area. Homes will range in price from $800,000 to $5,000,000. There are currently 14 homes available at various stages construction. The link below will open a page with full details.
Be sure to click on the main photo in the listing information for additional interior photos. You will be impressed!
For those of you who want to secure the perfect homesite and build up to 18 months from now, lots are available for purchase. Pre-sale opportunities also exist which will allow you to custom design your home from the ground up.
Be sure to check back often. This special community will definitely require ongoing coverage here on Raleigh Real Estate Talk.
If you would like to schedule a private tour of this unique community, call me at 919–602–7000 or fill out the contact form and I will be in touch with you right away.
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