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01-24-2009, 04:22 PM
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Location: Wake Forest, NC
1,032 posts, read 1,902,275 times
Reputation: 210
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Quote:
Originally Posted by underPSI
Personally, I could not understand why anyone would want a $500K house with only 30-40 feet between them. The crap houses in Bedford is understandable since they are all thrown together and very "planned" like the o.p. said but they are also not $500K. Most are probably worth 150K even though the owner paid $350K. I would look at some lots in Hasentree. I bet you could probably get one for a great price now.
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Bedford came of age during the boom and the developers were able to sell this concept to out of towners and a few locals without any difficulty.
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01-24-2009, 04:32 PM
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Location: Middle Creek Township
2,034 posts, read 2,380,624 times
Reputation: 509
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Quote:
Originally Posted by underPSI
Most are probably worth 150K even though the owner paid $350K.
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Homes are worth what the market dictates. They are worth what people are willing to pay for them. Period!
Quote:
Originally Posted by toot68
New-shmew. The fixation on "new", and what you get for your money, never ceases to amaze me.
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Everyone has different tastes. I always want brand new. I see a tremendous amount of benefit in it. Like the modern floor plan, new everything under warranty, no left over odors from previous owner and usually planned better.
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01-24-2009, 05:01 PM
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Location: Raleigh, NC
9,011 posts, read 12,760,732 times
Reputation: 4525
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Quote:
Originally Posted by weluvwakeforest
Bedford came of age during the boom and the developers were able to sell this concept to out of towners and a few locals without any difficulty.
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How many people live in Bedford and Falls River? Do you think they live there because someone "sold the concept" to them or simply because they love the neighborhoods and the houses? So what if the lots are small. Once my daughter graduates from High School and heads off to college, I'll be selling my large home and looking for something new that has the upgrades I want but WITH A SMALLER LOT.
I bet the thousands that live in Bedford will disagree with you that they were "sold" anything except a beautiful neighborhood with a pool, sidewalks for walking, front porches for visiting their neighbors and one of the most friendly neighborhoods that you can imagine.
Vicki
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01-24-2009, 05:11 PM
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121 posts, read 217,122 times
Reputation: 42
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Just today, we drove through several neighborhoods that we considered before choosing to make Bedford our home. I said to my wife, "boy did we make the right decision". There is not doubt in my mind we found the right neighborhood for us. Couldn't be happier.
Great location, great neigborhood, price points for everyone, beautifully maintained, low HOA fees, community pool, tennis & basketball, 25 miles of paved sidewalks. Sounds like more than a concept to me.
And...no gusset plate. Guess we got a quality house. 
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01-25-2009, 12:09 PM
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29 posts, read 33,047 times
Reputation: 16
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larger lots under $450
North Raleigh is a brand that is a bit over-rated. 27606 gets you +2 acres for under $450K. It isn't as planned as some North communities but it isn't as crowded either. Plus, fewer HOAs. Check out the areas near Lake Wheeler, Swift Creek Elementary, and just south of Tryon Rd. NCSU farms and woods keep the area nicely less developed and the homes are on good sized properties.
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01-25-2009, 12:23 PM
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5,019 posts, read 8,113,539 times
Reputation: 3277
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^^ Just made sure you stay WEST of Lake Wheeler road if you are looking in that area!
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01-25-2009, 12:24 PM
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Location: North Raleigh, NC
8,334 posts, read 14,518,167 times
Reputation: 6981
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Quote:
Originally Posted by bdf
North Raleigh is a brand that is a bit over-rated. 27606 gets you +2 acres for under $450K. It isn't as planned as some North communities but it isn't as crowded either. Plus, fewer HOAs. Check out the areas near Lake Wheeler, Swift Creek Elementary, and just south of Tryon Rd. NCSU farms and woods keep the area nicely less developed and the homes are on good sized properties.
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I don't think North Raleigh is "over-rated" but that is just a matter of opinion so we can agree to disagree on that point. However a more tangible point is that while I agree that the area (27606) you describe is quite nice, it certainly does not even come close to meeting the OP's criteria of being wthin 15 minutes of the 6000 block of Six Forks Road. Short commutes are not over-rated IMHO. 
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01-27-2009, 09:06 PM
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Location: North Raleigh, NC
8,334 posts, read 14,518,167 times
Reputation: 6981
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FWIW, small lot sizes are nothing new. Ever look in some of the cool downtown neighborhoods? Here is a quick side by side comparison.
Here is a picture of a home in Bedford that was built in 2005
And here is a picture of a home In Historic Oakwood that was built in 1908

Last edited by North_Raleigh_Guy; 01-27-2009 at 09:36 PM..
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01-27-2009, 09:29 PM
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5,019 posts, read 8,113,539 times
Reputation: 3277
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I think that's actually the point some people are making. Houses that are closer together and closer to the street on smaller lots are what is to be expected and in many cases, sought after, in older urban neighborhoods. But it isn't what is typically thought of as the norm in large suburban subdivisions.
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