Home Values are on the rise in Buncombe County and surrounding areas.
Just in case you haven’t watched the news, read a news article or even been on social media in the last few months.
According to the Ruiz Report prepared by Zacory Ruiz for Keller Williams Professionals; In Buncombe County in April the average sales price of a home is $119,000 higher than last year in April 2020. Homes valued between $0-199,000 sold the fastest, averaging 57-days, followed closely by homes in the $450-499,000 price range which sold in 61 days on average.
The average days on market is 5 days, down 75% from last year. The current average sales price in Buncombe County is $489,712 which is up 32% from last year.
Right now the inventory is at 1.1 months, down 69% from 2020, what is Inventory? Inventory represents how long it would to deplete the marketing assuming no new inventory is purchased or put on the market. A Balanced Market is when the inventory is between 5-7 months, right now we’re in a Seller’s Market.
According to REALTOR.com in the United States, home prices are up 17% over last year with one in 10 sellers expecting to get double what they paid for their homes when they purchased it.
Why is this happening?George Ratiu an economist at Realtor.com says that “Low mortgage rates and a lock of available homes for sale have created a strong seller’s market.” The other change is working from home or remote working, you don’t necessarily have to live near your job. With all of these factors it gives the current homeowners the upper hand when listing their homes for sale.
If you would like more info on Home Value and the Real Estate Market in Buncombe County and Surrounding areas email Jim at email@JimBuff.com or give us a call at (828) 771-2310.
72 Noland Hills Drive in Leicester is the Buff Team’s newest listing. Are you looking for privacy, rental income, and maybe an in-law suite? 72 Noland Hills Drive may be the home for you.
Located on 3.94 acres in Leicester this property was built in 1990 and has been meticulously maintained. This one story with finished basement is neat and tidy and waiting for you to come visit.
Privacy, is that want you’d like? Located at the end of the Noland Hills community in Leicester you can’t see your neighbors as your are tucked away on almost four acres of land.
Rental Income are you looking to subsidize your mortgage payment or maybe make a little extra money, this property has a doublewide on the property that could be rented out. I bet you’re wondering, how is it private if there is also a doublewide on the property. The doublewide is tucked nicely behind the home and has a separate driveway. There is also an additional living area in the basement, with kitchen and living area.
72 Noland Hills Drive is an open and spacious home with 3 bedrooms and 3 full bathrooms. It includes a sizable living room, a beautiful eat-in kitchen with breakfast bar plus an additional dining area and a heated sunroom. There is a attached two car garage along with an additional detached two car garage.
This home is a must see! If you must see it, please call us at (828) 771-2310 to arrange a showing or send an email to email to email@example.com!
This weeks Buff Team’s featured listing is 24 Country Cove Court in Leicester, NC 28748.
24 Country Cove Court is a must see listing on the Buff Team, it’s currently listed for $359,900 – For most up to date pricing, call (828) 771-2310 or check out the listing on the website.
24 Country Cove Court has four bedrooms! That means there is plenty of room for your family. The master bedroom is located on the main level along with the master bathroom. The additional three bedrooms are located on the second level of the house.
In addition to the master suite on the main level of the house on 24 Country Cove Court, there is a living room with a beautiful gas logs fireplace, lovely kitchen with quartz countertops and stainless appliances, eat in area plus a separate dining area.
24 Country Cove Court also has a ton of space in the basement. The basement includes a finished room and bathroom that is not counted in the finished sqft or bathroom count. There is also tons of space that could be easily finished for extra space.
Along with two driveways to park your cars in the this home has a 2 car attached garage. There is a large deck on the back perfect for entertaining or enjoying the quiet country evenings with your loved ones.
Give us a call at (828) 771-2310 or email us to setup a private tour of this four bedroom 2.5 bath home on 1.55 acre lot in Leicester!
215 Cedar Lane is located in Arden, North Carolina and is currently listed for $220,000. This charming home is in a convenient Arden location. Just minutes away from restaurants, shopping, schools & health care.
The home at 215 Cedar Lane sits on a nice level .32 lot with a fenced backyard perfect for a small garden, your dog to exercise or just to enjoy the lovely weather in North Carolina. Along with the lovely fenced in backyard there is a tremendous side patio perfect for entertaining or enjoying your morning coffee. Lastly to top it off this home has a covered rocking chair front porch.
As far as the inside the home at 215 Cedar Lane has a unique floor plan that includes a sizable living room. The living room has a beautiful rock fireplace perfect to keep you warm and cozy on chilly mountain evenings. There is a dining area with beautiful built-ins. An updated kitchen with a breakfast bar and JENN-AIR cooktop.
There are two lovely bedrooms in in 215 Cedar Lane both nicely sized and each have an attached bathroom. One bathroom has a walk-in shower, the other with tub/shower mix. There is a large outbuilding that would be great for storage or a studio. This property also comes with a AHS Home Warranty.
If you would like to visit this home, please give us a call at (828) 771-2310 to schedule an appointment.
Have you been looking for a home for and haven’t found anything that’s exactly what you’re looking for yet, what about building a house? Are you just looking for some land out in the country to have for the future? Are you looking to build some homes and sell them. We can help. If you’re looking for some land to purchase we have several options, and if we don’t have it listed we can help you find it.
Here’s what we have available right now!
4.78 acres of land on Cane Creek Rd in Fletcher, NC. This property is in the heart of Cane Creek with over 300ft of road frontage and is NOT in a flood zone. There is a potential for some awesome mountain views with some clearing in the back of the land. This great piece of land is currently listed for $425,000!
Lot 2 Destiny Farms Drive in Leicester is 10 acres at the top of the mountain. There are some stunning views from this acreage. This parcel of land has mature trees on it and would offer complete privacy. Plus it already has a building pad ready. This property is currently listed for $85,000!
Flynn Branch Rd in Fletcher is 9.54 wonderfully private acres of land. This property is located in Hoopers Creek area. It’s close to both Asheville & Hendersonville but is in a quiet locations. This property offers wooded seclusion with a crystal clear cascading creek . It would be perfect for a gorgeous mini estate or it could be subdivided into smaller lots. The current owner had is surveyed but not recorded This is a great piece of land and the owner will consider a trade. The current price on this beautiful piece of land is $129,500!
Lot 19 Hughey Rd in Alexander is a .57 acre lot for sale in the well established Madison View Estates. This lot is wooded and would require well & septic. There are restrictions in this subdivision but off frame modulars are considered. This lot is currently listed for $19,500!
58 Kelly Fields Drive in Alexander is a .61 acres lot for sale in Madison View Estates. This is a beautiful building lot in this community. This lot is cleared, and there are restrictions but off frame modulars are considered. This lot is currently listed for $26,900!
75 Kelly Fields Drive in Alexander is a .57 acre lot for sale in… If you guessed Madison View Estates you would be correct. This lot is also currently listed for $26,900!
Next up is 89.86 acres of land on Lotties Creek Rd in Burnsville. If you’re looking for a large tract of land, look no furthers. This property is wonderfully private and has multiple ridges and mountain views. There are 4×4 access roads and homesites throughout. This property would be great for a private estate, hunting cabin or mountain getaway. There is an electric pole and multiple springs on the property. This property is currently listed for $350,000 but give us a call for the most current pricing.
Are you looking for a commercial lot? What about a lot on New Leicester Highway in West Asheville. That’s what we have here next this .60 acre lot has tremendous visibility and commercial zoning. The current price on this property is $45,000!
Rose Hill Rd is our next property. This 1 acre lot in a convenient south Asheville location. It is beautifully set back for privacy. It’s currently listed for $87,500!
Lastly we have lots in West Asheville. We have three, that’s right, three lots for sale in West Asheville on Sand Hill Rd. The three lots range from .17 to .18 acres and they are prime building lots. They are close to Haywood Rd and all the trendy west side has to offer. They are level and cleared, easy to build on lots. Restrictions apply. They are currently listed at $75,000 per lot.
If you’d like more information on any of these lots or parcels of land, give us a call at (828) 771-2310. If you’d like more information on any land for sale in the area you can call us about that too.
The Jim Buff Team will be hosting two Open Houses this Sunday, October 29th from 1-3pm in Leicester, NC. They will be hosted by two of the Buff Team Brokers. Elizabeth Akins will be hosting an Open House at 1336 Alexander Rd in Leicester & Tamra Fore will be hosting an Open House at 102 Old Newfound Rd in Leicester. These properties are just minutes from each other so make sure to check them both out.
1336 Alexander Road in Leicester NC is currently listed for $469,000. This property a spacious 3 bedroom, 3 bath home on 1.05 acres. This immaculate home boasts a beautiful master suite, with large walk-in closets and a bathroom that is spa like and luxurious. Two out of three bedrooms and bathrooms are on the main level, the additional bedroom and bathroom are in the basement and situated as a guest suit that would be perfect for visiting family or friends- it even has a separate entrance and it’s own 1-car garage. Speaking of garages this house doesn’t lack in garage space. There is an attached 2-car garage on the main level, the 1-car in the basement then, yes there is more, there is a detached 3 car garage plus an additional RV garage. There is tons of storage in the house, the main level is bright and sunny. There’s a covered front porch, rear deck and patio both so plenty of room for outdoor entertaining. 1336 Alexander Rd is a must see!
102 Old Newfound Rd is currently listed for $269,000, This is a sweet move in ready home in a convenient Leicester location. This three bedroom home has the master bedroom on the main level and the additional bedrooms are on the 2nd level. The Master bedroom has a sizeable walk-in closet. This home has a fenced backyard with a firepit to enjoy on the cool WNC evenings. The additional two bedrooms upstairs have tall 8 foot ceilings. The home comes with an AHS Home Warranty.
If you’d like to see either one of these homes before the Open House on Sunday October 29th, from 1-3pm, call (828) 771-2310 to schedule a private viewing.
This listing although it’s a residential listing is just not all about the lovely older home that is on the property, it’s about the land too. All 1.38 acres of land. This two bedroom, one bath cozy home is located on the front corner of the property, so there is a possibility that additional homes could be built on the property.
38 Edgewood Drive has a front deck and a lovely covered back porch perfect for enjoying the privacy of the level 1.38 acres. There is a tall crawl space for storage along with a sizeable outbuilding. You can park your car under the 1-car carport.
The backyard is currently fenced and has mature trees and offers privacy even in this convenient location. Located near Mission Pardee Hospital & Ingles it’s convenient to restaurants and other shopping as well. If you’d like to see this home or find out more information about it or any other home call (828) 771-2310 and we can set you up with one of our fabulous agents.
The Jim Buff Team has done it again! We’ve listed another fantastic property. One of the newest Buff Team listings is 318 Dix Creek #1 in Leicester.
318 Dix Creek #1 Rd is a brand new three bedroom, two and half bath home. It is situated on .64 acres with a covered front porch to enjoy your day or evening and a large open rear deck perfect for entertaining friends and family.
This home has a beautiful kitchen with stainless steel appliances, granite counter tops and kitchen island. There are hardwood floors throughout the entire home. The full basement is easily finished and it is already plumbed for an additional full bathroom. There is also an attached two car garage to park your vehicles or for more storage.
This house comes with an AHS Home Warranty, click the link for additional information. There are two heat pumps to keep you warm when it’s cold and cool when it’s warm outside.
If you’d like to view this listing or any other listing in the area call (828) 771-2310 to schedule an appointment and to get the most recent price!
The past week or so has been a busy one for the Buff Team and our agents.
We’ve got a few new listings to share with you.
7 Wray Ave in Swannanoa was listed for $119,900! Yes, you read that correctly. $119,900! This three bedroom home in a great Swannanoa location boasts an extra large open front deck, perfect for entertaining and rear deck. The property has a level .20 acre fenced lot with an outbuilding and a detached 2-car garage. It is a great fixer upper, with lots of potential!
The next property we listed was 6 Kingston Way in Alexander for $364,900! This 3 bedroom home is on 1 level to rolling acres with gorgeous year around views. There is a fully finished basement with a kitchenette, full bath and plenty of storage! This property comes with an AHS Home Warranty and is just 20 minutes to Asheville. It’s a must see.
Lastly we listed 3 prime building lots on Sand Hill Rd in West Asheville! These three lots are in a great West Asheville location, close to Haywood Rd and the trendy west side. They are level and cleared. They will be easy to build on, city water & sewer may be available. Site built homes only can be built on the lots.
If you’d like to see any or all of these listings or anything else that is For Sale, give us a call at (828) 771-2310 to schedule an appointment.
This week the Jim Buff Team will be hosting an Open House on Sunday, August 20th from 1-3pm at 4 Lynnette Drive in Fairview. Hosting the event, this Sunday will be Tamra Fore one of our veteran agents on the team.
The home on 4 Lynnette Drive has 3 bedroom and 2 bathrooms and sits on a .75 acre lot. It has been mostly remodeled within the past year with new wood floors, new paint and a bright beautiful kitchen. The freshly remodeled kitchen has all new appliances, new cabinetry and granite countertops.
4 Lynnette Drive is located in the Rainbow Ridge subdivision in Fairview, NC. It’s just under 20 minutes to downtown Asheville. If you’d like a private showing of this home, or any other home for sale in the area call (828) 771-2310 to schedule an appointment.