so let's say you have half a million dollars burning a hole in your pocket and you want to
spend it buying a home in the raleigh area where do you go and how much can you get for that amount
of money well we're going to break it all down for you up next hi this is chris morton real estate
broker with exp realty in raleigh north carolina and on today's video we're going to show you what
half a million dollars 500 000 will get you in the raleigh north carolina area and there are
many many different kinds of homes you can get for that amount of money some parts of the area
you're going to be able to get a smaller home and some you're going to get a big giant home
we're going to break it all down give you all the details starting with homes in downtown raleigh so
we'll get started on a trip around the triangle on our website here we're going to do a search
around 500 000 give you an idea what you can get starting in downtown raleigh of course downtown
raleigh homes are going to be smaller pricier one of the more pricier sections of the triangle i'm
going to start here at this townhome sold for 470 hundred and eighty four square feet four bedrooms
nice but five hundred thousand for a town home pretty pretty expensive lots
of fixer-uppers downtown this one sold for 441 only 1500 square feet
a lot of homes in downtown raleigh are being sold for the land as a tear down
this one was listed for 475 split level sold for 537 over 2 000 square feet so pretty big
but again this is not a grand mansion that you'd expect to find in other other parts of the country
or even other parts of of the raleigh triangle area here you have a town home sold for 480 000
in a really really nice high rise building in downtown raleigh only 1200 square feet
2 bedroom 2 bath great views but again fairly pricey someone buying this is not looking for
a lot of square footage or looking for location location and and it is a beautiful location
next up we're going to head up to north raleigh the northern part of raleigh
homes are going to be on a little bit bigger lot it's going to get a little bit more for the money
this house on harpsville road sold for 445 000 over 2300 square feet 0.2 acres a little bit
bigger as you can see this house was listed for 450 in bedford at falls river carramore lane sold
for 475 it's one of the bungalows in the front of the neighborhood really really charming really
really nice floor plan as you'll see here in a second two car attached garage great front porch
gas fireplace pretty large square foot twenty one eighty one square feet
on point one four acres
as you can see there's a good bit of stuff around here this one sold for 447.
2750 square feet on almost an acre
this is over in the east raleigh part of raleigh east raleigh section raleigh
get a lot of home for your money out there 3 100 square feet sold for 530 000
as you can see
large home large lot definitely something you can get in east raleigh
as well there are ranches like this one for 440
in east raleigh 1464 square feet three bedrooms two baths built in 1963 almost a half an acre
and this has of course been renovated
lots of stuff is getting renovated in the east raleigh area right now
next up we'll head out to the leesville road area near the airport
this house was listed at 470 on paddington sold for 482 so not
going for crazy numbers over asking out in this area 2600 square feet built in 1992
a little bit dated i imagine the future owners could really update this and make this place shine
this house was listed at 475 on samantha sold for 465.
i actually showed this house to a number of clients 2200 square feet as i recall
some of the rooms were rather small and it it stayed on the market for a while
this house on leesville road sold for 440 2300 square feet
next up we will head down to Cary Cary is the most expensive suburb outside of Raleigh
here you're going to find things like this house here built in 1970 sold for 450
and this house it was listed at 460
2500 square feet sold for 520 and it was really nice inside again 2500 square feet built in 1993.
really pretty inside
and things that look really really nice sell for really really high value especially in cary
next up we'll head down to holly springs and give you an idea of what you can get
for your money down that way this one on scott's ridge trail was listed at 475 sold for 565
2400 square feet built in 2001 again another example of really pretty house pretty interior
commanded a high dollar multiple offers and that's just the way things are down
in the carry apex holly springs area you're just going to see that a lot
as well as really all over the triangle this house was listed at 450 sold for 490. it's a really
cute little house in a specific neighborhood where this is a common house that you would see
2152 square feet really charming gingerbread type house and people really go for this in this area
and you can see the backyard is not very big very low maintenance for people it's almost a detached
townhouse is the way i would like to call it
next up we'll head down to fuquay varina willow springs area in this area you can
get a lot of house for your money excuse me sorry go into holly springs first
475 for this house in holly springs sold for 5.35
2600 square feet built in 2014 so fairly modern gonna have a lot of demand because of that
should be fairly turnkey and as you can see this house is
and of course it commanded a high dollar because of it
this house listed at 475 in holly springs sold for 560. 2900 square feet so it's rather large house
built in 2014 again so got a lot of the updates the modern feel that you like can expect to see in
houses of today and again that commands a high dollar now we'll head over to fuquay
varina and again in fuquay you're going to get a lot of house like this one fought listed for 559
2300 3 000 square foot excuse me this one sold for 480 2600 square feet built in 2016
as you can see you get quite a bit of house for the money in fuquay of arena
which is really really a fast-growing part of the area
so we have sold quite a few houses in fuquay this year 530 for this house in willow springs
2600 square feet built in 2015 has a pool as you can see pools are in really hot demand right now
if a house has a pool it's going to sell really quickly and for top dollar
and this house is in really good shape so of course
good shape plus pool equals fast sale and top dollar sold for 530 listed at 475.
over in the clayton area you're also gonna gonna get a lot of household money 465 so for 474
2500 square feet on a third of an acre built in 95
and again in really good
shape always talk about the homes that show like model homes and then the homes that don't
homes that show lake model homes will sell very very quickly and that was an example of
of such a home this one sold for 476 2800 square feet built in 2017 big yard
lots of nice big open spaces stainless steel appliances always makes a house sell
now we'll head up to knightdale knightdale is very much an up and coming area this house was listed
465 sold for four sold for 457 500 2700 square feet
up in the wake forest area
wake forest has also gotten to be a rather expensive section of the area 475 was what this
was listed for sold for 5 30 and again shows like a model so of course it's going to sell really
really quickly 27 62 square feet and i remember showing that to to clients and we were in a
bidding war in that house this house sold for 517 500 2900 square feet built in 2000 on two thirds
of an acre so yes definitely for someone who wants a lot a large lot this is going to sell quickly
and command top dollar
next up we will head over to the durham area downtown durham you're going to see smaller
homes very similar to downtown raleigh this house listed for 475 sold for 550
0.23 acres 2 700 square feet built in 1988 again shows really well
and there are sections of durham that command a high dollar
this house on brennan sold for 460 2600 square feet again stainless steel appliances
granite looks relatively good so of course it's going to sell quickly
glywell was listed at 469 sold for 550 2500 square feet built in 2005.
those gleaming wood floors were going to make a house sell every time oxmoor 475 sold for 4.75
this house is owned by one of those investment flip companies
so there you have it all the different kinds of homes hope this has given you a good flavor of
what you can get for half a million dollars in around raleigh north carolina we hope you enjoy
this video and we would love you to watch this one i think you're gonna really enjoy this one
like and subscribe below and we'll see you on the next one take care bye