Here, there’s a smattering of new construction that are entry-level 3 bedroom, two bath vinyl ranches, but most of the construction is 3,000 sf and over, McMansions again, not sure who’s confident enough to be buying them. The economy here hasn’t recovered to the extent that some other areas have, and population is actually declining slightly unlike other areas of North Carolina.
In June I closed on the sale of my 12 year old McMansion. It was a 6 BR, 5 BA, 3.5 car, 5400 sq ft house on a lake.
NEVER EVER AGAIN!
While I needed a larger house for my family of 7 (plus a dog), my immaturity and self-centered attitude got me into a home that absolutely owned me for 9 years.
We are currently living in a 3 BR, 2 BA 1,250 sq ft apartment while we wait for the right home to buy in our new location. By going through this experience, we’re going to FULLY appreciate all that a 2100 ft rambler offers. And when the time comes for me to once again spend big (relatively speaking) money on real estate, the value will be in the acreage the modest home sits on. And I’ll have 70%+ of the cash to pay for it.
I’m rambling. Back to work -