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Wednesday, December 16, 2015

North Carolina Mountain Bargains at High End

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        Our real estate contacts in the Brevard, NC, area, The Clay Team (Carol & Bob Clay), just published their newsletter for December, and hiding amidst the market data seems an opportunity for those looking for a mountain home that is lofty in more ways than one.
        The Clays shared a chart showing November sales in their neck of the woods, and in terms of homes on the market, the most available are in the $600,000 and up range, where 137 homes and condos are listed for sale. The second most robust category is from $150,000 to $249,999 where 126 homes are currently listed. Allowing for the fact that the $600,000+ category extends to infinity, nevertheless 137 homes in an area where only 53 are on the market in the $450,000 to $600,000 range is still a lot.
        When there is too much of a good thing, in this case luxury mountain homes, that breeds price competition and a buyer’s market on the high end, a fact that seems borne out by a quick scan of homes currently listed for sale at The Clay Team’s web site. Below is an idea of the view from the rear deck of a home called The Trace just 15 minutes from Brevard and 45 minutes from Asheville. The Tuscan-style home sits on 27 acres of property and features long-range mountain and pasture views; as an extra bonus, the property includes 500 feet along the French Broad River. The home and property are priced just under $1 million.
        If you would like more information on this property or any others in the Brevard area, please contact me and I will put you in touch with the Clays.
Photo courtesy of The Clay Team, Brevard, NC

Read 3044 times Last modified on Wednesday, 16 December 2015 16:07
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Larry Gavrich

This blog was conceived and is published by me, Larry Gavrich, a former corporate communications executive who founded HomeOnTheCourse, LLC, in 2005.  Our firm advises baby boomers and others seeking a lifestyle in which golf is a major component.  My wife Connie and I own a home in Connecticut (not on a golf course) and a condo at Pawleys Plantation in Pawleys Island, SC, on a Jack Nicklaus layout.  We began our search for our home on the course more than 15 years ago, and the challenges of the search inspired me to research golf communities and write objective reviews of them.