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...these houses are so vintage chic. I've been a fan of this project since its inception, and now that both phases are almost nearly complete and filled, I think the developers pulled this off well. Asking prices are ridiculous, though. But I get it. I'm liking this whole, vertical, streamlined, row house-type design that has been popping up around downtown Raleigh.
South Raleigh is a final frontier for central Raleigh’s redevelopment – and gentrification – and new buyers are laying their claims ever faster.
“Basically, what I told my Realtor was, ‘Find me a rundown, freestanding building close to downtown,’” Jeremiah Smith said.
I know lots of young professionals who are buying east of downtown Raleigh - definitely a good place to find good value if you want to be close to downtown
I know lots of young professionals who are buying east of downtown Raleigh - definitely a good place to find good value if you want to be close to downtown
For sure...
I'm just loving the experimentation with bolder architectural stylings in Dt Raleigh... Raleigh's starting to go vertical and new age with it's residences and I'm diggin' it.
speaking of East, that's near Lenoir St. ..
...too bad it's such heavy gentrification, though.
Apparently there's some backlash against such homes in southeast Raleigh such as the one pictured above.
Quote:
At a public meeting last Thursday at the John Chavis Community Center in southeast Raleigh, one resident lamented the ongoing changes to some of the city's historic neighborhoods, areas where old houses and trees have been cut down to make way for new and bigger homes that don't always jibe with the rest of the neighborhood.
Did anyone read the comments at the bottom of the original article? A lot of people are not happy about casting out the lower income folks and having a new developer come in. That's such a tough thing to tackle.
You say these home cost a lot. How much are you talking? Seems like a good way to infill, if you can handle stairs and don't care about a garage and yard space.
You say these home cost a lot. How much are you talking? Seems like a good way to infill, if you can handle stairs and don't care about a garage and yard space.
Raleigh's starting to go vertical and new age with it's residences and I'm diggin' it.
To be rich in the future, invest in medical companies specializing in knee and hip replacement surgeries. The demand is going to be astronomical when people living with all these stairs when they are younger get older.
To be rich in the future, invest in medical companies specializing in knee and hip replacement surgeries. The demand is going to be astronomical when people living with all these stairs when they are younger get older.
LOL ... that'd be true if the tenants were hellbent on staying, but they're not... they'll sell off and/or rent in a 8-10 years and go back Otb.
And NPG, I haven't heard of any programs for buy in.
And NPG, I haven't heard of any programs for buy in.
That's too bad that there is not a way for them to stay. However, those homes are a nice way to improve run down areas of the city, transform these areas into more attractive places for homeowners and then small business owners, and as a result, a higher tax base. There are a lot if wins in there.
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