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Old 09-16-2014, 11:09 AM
 
Location: NC
9,361 posts, read 14,111,535 times
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As a single senior, are there recommendations of places to move to a small SFH in the residential downtown area? I would love to find something affordable to have renovated or else something turn key in the 400-450K range on a landscape-able lot. Not next to a business or on a noisy cul-de-sac. I would like to find something before it goes on the wider market. Any agent recommendations?
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Old 09-16-2014, 11:16 AM
 
Location: Cary, NC
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Mordecai should offer you something.
Also Boylan Heights, if you can find a lot you like.
Lots of bungalows in both those neighborhoods.
You might get something in Oakwood, which is very quiet in many areas. Figure $200/SF or more.

You might find something in Devereaux, Brooklyn, Cameron Park. But the price can run away from you there, too.
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Old 09-16-2014, 12:46 PM
 
Location: The Carolinas
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got a niece that lives in Boylan Heights. AMAZING the price that some of those bungalos bring!
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Old 09-16-2014, 01:22 PM
 
Location: NC
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Yes, you do pay for the location. How can I find an agent who specializes in this area? I drove around some of these neighborhoods and love the fact that every house is different. Of course some do look like neglected rentals too, but hopefully that is changing.
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Old 09-16-2014, 01:24 PM
 
Location: Durham, NC
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Quote:
Originally Posted by luv4horses View Post
As a single senior, are there recommendations of places to move to a small SFH in the residential downtown area? I would love to find something affordable to have renovated or else something turn key in the 400-450K range on a landscape-able lot. Not next to a business or on a noisy cul-de-sac. I would like to find something before it goes on the wider market. Any agent recommendations?
If you are thinking about downtown Durham, you should definitely be able to find a house in that price range, some already landscaped. Popular downtown neighborhoods to check out would include Trinity Park, Duke Park, Old North Durham, Watts-Hillandale, Old West Durham, Morehead Hill, and Forest Hills. These are within walking/biking distance of downtown or the Ninth St. district. You should be able to find a small (800-1,500 sq. ft.) SFH anywhere from half of your price range the further you go from downtown (or if you look in more transitional areas) to right around your range.

If you aren't thinking about downtown Durham -- you should include it in your search, along with Raleigh, Chapel Hill and Carrboro. Raleigh is the largest of the core Triangle cities and has plenty of cultural activities, restaurants, etc. OTOH, NC State University based in Raleigh is an engineering/applied sciences-focused schools, and I would expect some of the more traditional learning in retirement programs or arts/humanities activities to be centered around Duke in Durham or UNC in Chapel Hill.

There are some very good realtors focused on the urban Durham market and other submarkets, but we can't give recommendations in posts (use private messages to ask folks if you are curious.)
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Old 09-16-2014, 02:00 PM
 
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It's refreshing to see somebody with a realistic budget for downtown real estate. You should be able to find a nice house in the 1,500 to 2,000 square foot range for between 400-450K. That's pretty much what you should expect to pay for something that is already fixed up in an established urban neighborhood.
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Old 09-16-2014, 03:31 PM
 
Location: NC
9,361 posts, read 14,111,535 times
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Thanks for the suggestions. I am of course still grappling with whether the atmosphere and activities would be sufficient to balance out the high cost. As for Durham, I had not considered that, primarily because I don't know anyone who lives in DT Durham. I've driven through Trinity Park however and that area has really interesting architecture as well. Maybe I should explore a bit more.
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