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Buying A New Home In Greensboro

It can be very satisfying to have a home built to your exact specifications. You don't have to tolerate a kitchen that's too small in order to have a great view or settle for an ugly pink modern bathroom vanity because you want to have two full bathrooms. When you build your own house you get everything you want, including, of course, the trouble of getting permits, designing the house, hiring the contractors and actually putting the place together. To help you navigate this process and understand what about Greensboro will make it unique, we've created this guide to building a new home in Greensboro.

Housing Trends in Greensboro

Greensboro is very much a city that is expanding. With the amount of land still available in inland North Carolina, it can afford to. An Etobicoke real estate agent is largely limited to selling structures that already exist because the town is penned in on all sides, but Greensboro has an open field for miles around. The city is already at over one hundred square miles and population density remains low, only 2361 people per square mile on average. Scarcely a year has gone by in the last decade in which there haven't been between 1,000 and 1,500 new permits issued for building single-family homes. The average cost in 2007 was $136,000.

Choosing a Site

It's important to know what you want in a new home before you go about buying the land it will be built on. If your storage unit is filled with gardening hand tools obviously you'll want a large lot that can accommodate greenery, in which case you'll want to look in the outer ring neighborhoods near New Irving Park and Reedy Fork Ranch where the land is still undeveloped. However, if you want a more central location convenient to shops, offices and infrastructure downtown without a long commute, you might consider purchasing and pulling down an older home in the southern part of the city, which is experiencing a trend of urban renewal.

Designing a Home with Resale Value

As exciting as it might be to design a home on stilts or with secret passages behind the fireplaces, if you want your house to be an investment that brings return in the future, you would do well to balance these instincts with what most people look for in a home. Fireplaces are a major selling point, as are decks, yards, and multiple bathrooms. Design rooms to be open and airy rather than closed and dark. Try not to build decor into the house, swapping your indoor lion statues for some removable vinyl wall letters or artwork if you really need to leave your mark on the place.

Finding a Contractor

Greensboro is a city experiencing major residential growth. You can hardly walk down a street downtown without seeing ten "Gallery Lofts by" signs advertising the contractor in front of unfinished structures. Collect a list of names and get estimates from each before you settle upon one, making sure you're choosing them based on trust rather than cheapest estimate.


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Greensboro NC Real Estate


Wednesday, March 10, 2010