I live in the 27703 zip and it's been good for us up to now in that we've enjoyed living here. We are a bit further out Hwy 98 than where you describe, but we find that we are in good proximity to things to do. At your location you would be even closer to shopping and restaurants, notably Brier Creek. I also think it's a good location in terms of commute either to Raleigh, Durham, or RTP.
We haven't seen great appreciation in our property. We are trying to sell in the mid-100's now for basically what we bought it for + the 6% realtor fees and we've been in the house about 6 years. So I wouldn't say it was a great investment, but we weren't really in it as an investment, we were in it for quality of life. Our family has grown recently (
) and we are now looking for a bigger house with more land in a better school district, etc., but otherwise we would not be looking to move. I actually really love my house and my yard and my neighborhood and everything.
For Durham, people in this forum seem to be really hot on the Southpoint area for appreciation values.
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