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Old 10-11-2006, 06:49 PM
 
70 posts, read 219,164 times
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I have been searching for inexpensive houses and condos throughout NC and Charlotte keeps coming up as the cheapest. I have looked into a number of suburbs but it seems as if they are much more expensive than Charlotte. Does this make sense? I figured cities were generally more expensive...
What is the reason for this? Is Charlotte a developing city hoping to attract more residents with cheaper housing? Are there a lot of parts in Charlotte that are considered "bad" areas and this would explain the lower housing costs? Or is none of this the case and I am just getting my information from inaccurate sources?
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Old 10-11-2006, 06:51 PM
 
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The lowest housing costs are in areas you might consider prone to higher crime or lower school performance. As a very general assumption, the most affluent areas are to the north and south of the city and the areas to the east and west are less affluent. You need to visit Charlotte and drive around the entire city to get an idea of the areas.
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Old 10-11-2006, 06:52 PM
 
Location: Cornelius
2,314 posts, read 2,117,191 times
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depends where you are looking. Yes there is bad areas and yes Charlotte is a growing city....
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Old 10-11-2006, 08:17 PM
 
Location: Blue Ridge Mtns of NC
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According to Coldwell Banker's home price comparison, Greensboro was the cheapest followed by Fayetteville, Winston-Salem, Raleigh, Charlotte and Wilmington.

http://money.cnn.com/2006/09/26/real...ment/index.htm
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Old 10-12-2006, 07:36 AM
 
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Interesting, I had never heard that. I think Durham's got some pretty good steals too, I believe. And Winston-Salem's not bad either if you know where to go.
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Old 10-12-2006, 07:41 AM
 
Location: Blue Ridge Mtns of NC
5,661 posts, read 24,675,176 times
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Quote:
Originally Posted by RaleighRob View Post
Interesting, I had never heard that. I think Durham's got some pretty good steals too, I believe. And Winston-Salem's not bad either if you know where to go.
Don't know why Durham and Asheville weren't included in the survey.
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