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Thank you for all of the information that you provided.
I am a 43 year old single women looking to move to the downtown area of Durham by June 2008. I am looking for an historic home situated in a walkable neighborhood. I have no problem being a part of the gentrification process ( I did that when I lived in Park Slope Brooklyn NY and Jersey City, NJ). I would like a charming home with 3 bedrooms and 2 bathrooms between $200-$300K. I also needed diversity. Can you recommend some of the historic areas and maybe a realestate agent?
I have been to the area about 3 times because my sister and her family live in Cary. I have also been reading the threads and have seen some great pictures. I am going to be making a 3 day trip down in January. Any suggestions you can give me would be great. Thanks a bunch.
If you do a local search, you'll probably find a list of neighborhoods such as Trinity Park, and there are a bunch of others. As far as agents, I know Marie Austin realty does a lot in the downtown area.
You'll love the downtown area and there are lots of wonderful historic homes there. Graham Marlette with Fonville Morisey specializes in older homes in that area.
I have no real estate agent advice, but also consider Old North Durham - in fact at that price you could get a very nice historic home. It's walkable to downtown. Old West Durham is fantastic too; not walkable to downtown (bikable) but walkable to the Ninth Street district, which is Park Slope-esque.
I work in Durham, but do not live here. However, when my husband and I bought our first home we found a fabulous real estate agent who really I someone I recommend frequently. Her name is Christine Khoury. Her website is christinekhoury.com.
The only downside to Durham is that you have (one of) the highest real estate taxes in the triangle. A local told me it was because of a history of really corrupt politicians in Durham that made a mess of the financial situation just to line their pockets.
The only downside to Durham is that you have (one of) the highest real estate taxes in the triangle.
I disagree. While Durham city + county currently does have a higer tax rate, the value of homes are less in Durham and the assessed values are less than surrounding counties. My tax bill this year in Durham (city+ county) was within a few dollars (less than 20) of homes that I was looking at in Wake County. Both Wake & Durham Cos have great websites where you can check what the tax bill is for an actual property.
BTW, Chapel Hill (those that lay in the CH-C School District) have the highest taxes in the area.
I disagree. While Durham city + county currently does have a higer tax rate, the value of homes are less in Durham and the assessed values are less than surrounding counties. My tax bill this year in Durham (city+ county) was within a few dollars (less than 20) of homes that I was looking at in Wake County. Both Wake & Durham Cos have great websites where you can check what the tax bill is for an actual property.
BTW, Chapel Hill (those that lay in the CH-C School District) have the highest taxes in the area.
I was there when they had the elections in November. And if I remember correctly Durham was further increasing their tax rate and Wake County was looking at reducing theirs. And the new assessments increase from Durham for 2008 are in line with other areas. I know Chapel Hill has a higher tax rate but in return you get the best schools in the Triangle. Not cutting up Durham, just providing the info. Tho SW Durham is by far the best location to be in to have easy access to just about anywhere in the Triangle.
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