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Fayetteville Real Estate

Nov 6, 2007
If you are thinking about moving South, check out the Fayetteville real estate online guides to find the best deals on homes in the Fayetteville area. This charming, North Carolina has homes to fit virtually all price ranges. Whether you are looking for a tiny cottage or large, palatial home, Fayetteville real estate has your answer.

Now is the perfect time to find an investment or retirement home in the south. Fayetteville real estate has thousands of homes on the market that make perfect retirement or income properties. Because the prices are so low, you can often find a home to buy that is less than what you would spend on an automobile. Many of the investment homes need a little work, but all are very negotiable on price. Whether you are looking for a rental property to use as an investment or home where you can retire, Fayetteville real estate has some amazing opportunities for those who wish to take advantage of the "buyer's market."

Real estate investors and those looking for a small house for very little money can check out the Bunce Road section of Fayetteville. Bunce Road is one of the oldest areas in Fayetteville and is very rural. Properties are surrounded by trees. This is true country living here, but you are still close enough to schools and shopping for convenience. Homes in the Bunce Hill area are now being sold for much less than tax value, some as low as $10,000! The median home price for Fayetteville is $155,900, so there are many bargains to be had in Bunce Hills.

Fayetteville real estate investment properties are generally sold at a very low price but need some work. Weather generally stays very warm in Fayetteville, North Carolina and heating of homes is generally done with propane gas. Many of the inexpensive investment homes in Fayetteville have forced warm air gas that allows you to install a central air conditioning unit into the building. The Bunce Road area is located off of Highway 401 in Fayetteville.

Another area worth looking into if you are thinking of purchasing an inexpensive investment property is Bonnie Doone. Here you can also find single-family, frame homes for less than $20,000 that can be purchased alone or as part of an investment package deal. Most of the smaller homes in Fayetteville real estate have three bedrooms or less and one bathroom. They are located on large country lots in rural parts of Fayetteville and are about 10 minutes away from shopping conveniences.

In the Tom Starling area, there are many manufactured homes for sale on large lots. Many of these homes were owned by Veterans and their families generally have more square footage than the small investment properties. Manufactured homes in the Tom Starling area begin in the mid 20s and have more convenience and generally need less work that the cottage homes.

Fayetteville real estate, as is the case in many areas in the United States, is in a slump. There are more homes on the market than buyers, which makes this an excellent opportunity for those who have money to spend to invest in these properties. For as little as $5,000, you can purchase a $28,000 home at a six percent fixed rate mortgage and pay only $134 per month in principal and interest payments. This makes for a great opportunity to own a piece of property in charming Fayetteville, North Carolina. Because North Carolina is generally warm throughout the year, many people choose to retire in this state. Wouldn't it be great to purchase your retirement home now?
About the Author
Sam Huntington writes about travel in North Carolina, most frequently about travel specifically related to Fayetteville, NC. Use the following link for even more fayetteville real estate information.
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