- Joined
- Oct 5, 2008
- Messages
- 57
- Reaction score
- 18
Sparky617 -- Funny you should mention this. My wife and I are downsizing and sold our house in Fayetteville (NC) and bought a 10 acre lot in Lillington, in the country about 50 min away. Like you said, there were multiple offers on the house/lot we wanted and we had to swallow hard on some of the compromises, and we paid $53k over asking price. There is no shop/outbuilding for storage and my "toys", and the yard will require a lot of work. I thought not having this building would give me the opportunity to build what I wanted. Luckily, we got some equity to do a few things, but surprise, the cost to do those things is horrible. Still, folks are driving up the price and timeline for getting anything done. The Morton Building I would like to pursue is being pushed back to Spring 2022, by the builder. He is booked through the rest of the year.Home sales and home building are going full blast here in the SE USA (North Carolina). From what I'm seeing we're not alone. With people able to WFH they're looking for more space out in the 'burbs or further away figuring that they will be able to continue WFH for the future. My next door neighbor just sold his house, listed it for $575K, sold without the buyers walking inside the house the night it went on the market for $90K over asking with a substantial due diligence deposit. My wife is an agent, and asking price is just the starting point, and homes don't last on the market for more than a couple of days. Typically they are listed for the weekend and under contract with multiple offers on Monday if not sooner.
Glad to see you are from Cary. I may need to get some local feedback from you, if not a shoulder to cry on. Right now, the biggest dilemma is internet access. Hughesnet looks like the best option at the moment, and most I've heard is negative. This location is not the best alternative for the WFH concept.
Physically packing/loading/moving stuff to Lillington all this week. The stuff we don't move (substantial) is being sold the weekend of 5/29. (The price of lumber is causing us to consider ripping out my workbenches from the garage.)
Wish me luck.
Rick