This one-of-a-kind lakefront lot is truly unique within the Malone Bay community. It is one of the most desirable, if not the most desirable lot among the few remaining properties with waterfront access to W. Kerr Scott Lake.

Malone Bay features 18 lots at W. Kerr Scott Dam & Reservoir. 14 are Lakefront and meet private dock requirements. This is a gated community with Lots ranging from 2.3+- acres to 6.8+- acres On the Hwy 421 side of the lake just off South Minton Road, Wilkesboro, NC 28697

Main Channel Views.
300 feet of waterfront.
Dock with boat slip and 2 jet ski slips.

2.86 acres.

MLS Number: 51155
List Price: $359,000
Lot Size: 2.86 ac.
Apx Acreage: 2.86
Type: Waterfront
Area: Area 2
Suitable Use: Residential

Topography: Rolling
Utilities: Underground Utilities
Road Frontage: Private Road
Restrictions: yes
Water/Sewer: Public Water
Miscellaneous: 1-5 Acres
Location: Malone Way

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search for : Malone Bay, W. Kerr Scott Lake, W. Kerr Scott Dam

Rental property makes a great investment. But, just as with any real estate purchase, location is everything Your best bet for a solid rental property will be in an established, high-demand rental area, with easy access to schools, universities, shopping, and other amenities. Avoid “white elephant” buildings with an unusual design or location, or isolated units stuck out in the boondocks. Look for a location that you would find attractive if you were renting. Once you select a general area, you’ll need to decide whether you prefer single-family homes or multi-unit apartments. Both can make good rental properties. However, there are some important differences. Single-family houses are often in shorter supply as rentals. And because they’re more desirable from a tenant’s standpoint, they generally command a higher rent per square foot than apartments. (more…)

search for : Rental property, single-family homes, multi-unit apartments

The housing bust is making it more expensive for workers to relocate for jobs. As a result, there is increased pressure on employers to offset housing-related losses for transferring employees. Many of the larger companies have long reimbursed managers for relocation costs like household shipping and moving expenses, real-estate brokers’ fees and house-hunting trips. During the real-estate boom, companies didn’t need to help employees with actual home sales. Homes moved quickly, and rising values often allowed employees to profit from their relocations. The most generous companies are buying employees’ homes from them at an appraised value, often determined by averaging two or three appraisals from real-estate professionals and reimbursing the employee the difference. (more…)

search for : housing bust, real-estate brokers

When buying a property, most, if not all prospective homeowners employ the services of a home inspector. That person is usually licensed to perform the service. The inspector, someone with professional knowledge and experience, is needed to provide adequate and reliable information about the conditions in, on, under and around a home. However, this does not mean that everyone who assumes the title of home inspector is sufficiently qualified. Among those home inspectors who are qualified, the services they provide are valuable, substantial and well-worth the expense. Just a few areas that need investigation are the general construction of the home, electrical, plumbing, heating and air-conditioning, the roof covering and in some areas of the country, radon intrusion. (more…)

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Impact fees are popping up in a rapidly expanding number of cash-poor U.S. municipalities scrounging for new revenue sources while federal funding for local infrastructure has become more difficult to obtain. The one-time fees, imposed on builders and often folded into home prices and passed on to buyers, are used by cities to fund construction of infrastructure such as roads, sidewalks, parks and even fire stations for rapidly growing neighborhoods. A 2006 Kansas State University survey found that 39% of the 292 U.S. cities responding imposed impact fees on new construction last year, up from 25% in 2002. Property-rights advocates decry impact fees and other so-called exactions — requirements to donate land or make concessions to gain a government permit — as a means for local governments to avoid unpopular tax increases for all residents by singling out new arrivals to pay for city projects. (more…)

search for : Impact fees, Property-rights advocates

Until recently, kitchens were not intended as places of entertainment, but were designed to accommodate one cook. Usually them mom, she prepared meals in a closed-in box away from the rest of the home. But these days, 21st century cooks aren’t content to toss the salad in isolation. Homeowners want a good kitchen. They realize that good kitchens sell homes and outdated, unattractive floor-plans and appliances can hold nix a potential sale. In this “soft” real estate market, sellers always seem to benefit by making sure that their homes appeal to the largest number of buyers and that includes the “gourmands” in the mix. (more…)

search for : 21st century cooks, Homeowners, gourmands

To help minimize losses in this stagnant, oversold real estate market, many home builders are diversifying their portfolios to include remodeling. And it’s causing a few problems. In order to complete a project, a true remodeling contractor must be understanding of a customer’s needs and be willing to provide a higher level of customer service than new home contractors customarily provide. A lot of home builders don’t understand the demand of what it takes to do a remodeling project. Many can and do build an entire, new house with minimal problems. But with remodeling, most of the time, clients are living in the home while renovation is on-going. Work around their schedule is many times a main point of customer dissatisfaction. (more…)

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When freebies failed to attract new buyers, builders increasing saw their bottom line eroded by excess inventory and rising carry charges. In all, the tactic appeared to be backfiring. Potential home buyers are proving unwilling to purchase homes until prices stabilize, fearing further price depreciation, so builders have not gotten the sales volume needed to compensate for their reduced margins. The market is not expected to improve soon and builders desperate for cash and saddled with inventory, many have been unwilling to resist price-cutting. If they didn’t cut their prices, they reason, buyers would either turn to competitors who offer better deals or buy used or foreclosed homes. Potential buyers are coming in “nine or 10″ times. If they hear the deal today is better than the deal was two weeks ago or a month ago, they’re not going to buy. (more…)

search for : home buyers, price depreciation, foreclosed homes

$5,850,000

MLS Number: 50913

City: Valle Crucis, NC
Stories: 2
Bedrooms: 4 Baths: 4.5
Area: Boone-Blowing Rock, NC
Year Built: 1990
Plus Five fully furnished 1,400 sq. ft. Rental Cottages. Each built in 1996 on approx. 1/2 acre sites. Current cottage average annual rental income $150,000.

39.4 acres with 360 degree view of Blue Ridge Mountains.

5,200 sq. ft. main house built in 1990 on 1.24 acres.

No restrictions and no zoning offer many other options:

* Family compound
* Corporate retreat
* Religous retreat
* Horse farm / Dude ranch
* Recording studio
* Cottages can be sold separately
* Land can be further subdivided if desired

Contact Elizabeth Carter, 336.973.5594 or Greg Stikeleather, Broker, 704.880.5247 or email eacarter@charter.net

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search for : Valle Crucis, NC, Blowing Rock, NC, Blue Ridge Mountains

The DVD “Open House” is a hilarious musical experience which chronicles the American dream of finding a home. The crew acts through Sunday open houses featuring 2000-square-foot lovers (you know, like mile-high clubbers), desperate real estate agents, a jewel thief, cops on the case, and other “tire kickers” with loose open-door policies. With some catchy tunes and B-movie actors, it’s been called both “funny and original” and “the worst musical ever.” It’s a bargain gift available for as little as $4.50 from Amazon.com, For real estate agents in this down-market it may be just the thing to bring holiday cheer. (more…)

search for : Open House, tire kickers