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Are there any towns in the NC mountains that still have affordable property?
Depends on what you consider affordable
Most places now it is hard to get a lot with a view for less than $150,000. But if you don't need to be near a city or town for employment you can do better than that in some areas. What are your circumstances?
As lovesMountains posted, it all comes down to what you are looking for and what you consider affordable. Since I own some land in Cullowhee, I somewhat keep up on prices in that area. You could probably get an acre or so for 25-50k. But it depends on if you want to be near a town/city or away from it all; do you want a paved road; do you want a view; how much land you want (the list goes on). If you want a lot of the same things in a piece of land that everyone else does, you can hit 100k in a heartbeat.
a per acre cost of land in this area can vary soooooooooooo much that you really need to be more specific. I've seen 2 acre lots for 290 just for the lot but right now in madison cty u can find 40 acres with a small house for 180,000 so it really depends. Murphy is way different from asheville in price.
This is the time to buy...property prices are coming way down with the economy.
The time to buy is at the bottom; not on the way down. Don't worry about having to time the bottom either. We'll be there for a loooong time. Just make sure your assets are protected right now.
Yes, it depends. It also depends on how far west you want to go here in NC. I have seen 10 acres of farmland for less than 200K with a creek in Clay County but that is rare. I doubt property values will go down much farther than that though.
Clay County is 2 hours west of Asheville in the middle of nowhere but is beautiful!
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It depends
