There are still Good Buys Available in Haywood County

I listened to a segment on the news from WLOS-TV in Asheville.  A one bedroom apartment in Asheville now rents on average for $940.  In my opinion, that is a fairly hefty rent for a one bedroom apartment.  Asheville housing costs are now the highest in North Carolina.  I was looking today at closed listings in West Asheville.  I found small homes built in the 1920’s and the 1930’s selling for around $200 to $250 per square foot.  Some Asheville agents are now bringing their clients to Canton, Clyde and Waynesville to find homes they can afford.  Buyers are finding it less expensive to live 20 to 30 miles away and commute to work than to buy a home in Asheville.

There are still good buys available in Haywood County.  Most homes here in the county are still selling for between $100 and $165 per square foot, with some selling for less than $100 per square foot.  Combine those prices with current interest rates, and that translates into a great value.  One could purchase a pretty nice home here with a 30 year mortgage payment less than a 1 bedroom apartment rental in Asheville.

If you are going to be in the home-buying market soon, come see us.  Let us show you how much home your dollar can buy in Haywood County.

Why Buy A Home Now?

To answer my own question: interest rates are still historically low, and prices are increasing due to lower inventories of existing homes for sale, and lack of construction of new homes.   Interest rates today for a 30 year conventional home loan are quoted between 3.71% and 3.93%.  Interest rates for a 15 year conventional loan are as low as 2.98%.  Interest rates were around 6% when I was a boy.  I did not think I would ever see 6% again.  In the early 1980’s interest rates on home loans ran as high as 14 to 16% for a while.

As to prices increasing, the average price of the 39 homes sold in Haywood County, NC,  in February 2015 was $164,011.  In February 2016 there were 52 homes sold with an average price of $189,781.  That represents an increase in the average price sold of 15.7% in one year’s time.

If you are still thinking about renting, prices on rentals have increased considerably also, due to lack of inventory.  I saw a small brick home for rent last week for $1000 per month.  The home was just over 1000 square feet with 2 bedrooms and 2 baths on a small lot.  This home would probably sell in the neighborhood of $130,000.  If a buyer paid 10% down the principal and interest payment on a 30 year loan would be about $554.00.  Even with taxes and insurance escrow, the payment would only be $685.00.  As you can see, you can live in home you are purchasing for considerably less than you can rent that same home.  Also, your interest on a home loan may be deductible on your income tax, but rent is not deductible.

If you are a bargain hunter, the current interest rates, coupled with the current market , present a real opportunity.

We Lost a Faithful Friend in our Office

I am sure that many of you have been to our office and met our office mascots, Paul’s dogs Romeo and Rascal.  On March 2nd we lost Rascal.  He is shown in the picture above with snow on his nose.  (He liked plowing in the snow.)  Rascal just showed up at Paul’s home about 6 years ago.  One morning he arrived from a walk-about with some serious cuts on his eye and face; it seems he got in a fight with another stray.  Paul took him to the vet’s office to have him sewed up.  I remember Paul calling the vet office that day to ask if they were done only to be told he was still in surgery.  Paul took all this in stride and paid a rather large bill to get Rascal mended.  After the surgery Paul took great care of him, applying his eye drops on schedule.  Rascal was a gentle soul.  He never barked at anyone who came through the door at the office.  He would lay quietly under Paul’s desk.  When I would walk by Rascal, he would occasionally come out from under Paul’s desk to ask for a treat.  He would walk up behind me and punch me in the back of the knee with his snout.   He was not picky, he would gratefully accept any treat with subdued enthusiasm.

He will be missed.

Haywood County Entertainment Options for March 2016

You may not know that Waynesville has an award-winning performing arts center- HART Theatre.  On March 11th, 12th and 13th there will be a performance of “12 Angry Men”.  The original movie was released in 1957 about a jury who must reach a unanimous verdict on a murder case.  Henry Fonda played juror #8.  In the 1997 remake of the film, Jack Lemmon was cast in Henry Fonda’s role.  For ticket information, season tickets, and performance times, you can go to www.harttheatre.org, or call 828-456-6322.  I have enjoyed several performances in the past at HART Theatre, and I highly recommend the venue.

In downtown Waynesville we have an old movie theater, The Strand, that is being lovingly restored.  In March the theater is showing a free children’s movie, “The Good Dinasaur” on Saturday, March 5th, 12th and 19th.  March 1st- 13th the Strand will be showing “Spotlight”.  This movie is about the Boston Globe investigation of abuse and the cover-up of abuse in the Catholic Church.  The movie just received an Oscar for Best Picture.  For show times and ticket information go to www.38main.com or call 828-283-0079.

Thank you for your time, and come to see a play or movie in our beautiful mountains!

Downtown Waynesville is a Happenin’ Place

Downtown Waynesville now offers many restaurants and craft breweries that did not exist just a few years ago.  Back then the city could sweep the streets after 6:00 PM, for there were almost no vehicles parked downtown in the evenings.  Now on some evenings, especially Friday or Saturday night, one may  find it difficult to find a park on Main Street.  Below I have a partial list of restaurants and breweries for your enjoyment.  When you make your next trip to the area, don’t forget to check out downtown Waynesville.  (Restaurant List courtesy of The Downtown Waynesville Association)

Restaurants

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Big Snow Storm on January 22nd – 23rd !

Snow began falling very early in the morning of January 22nd.  Snow continued to fall most of the day, into the evening and night. We had snow showers on the 23rd adding another 3 inches or so.  In total I had about 13 inches at my home shown in the above photos.  In Maggie Valley, some locations reported as much as 18.5 inches.  On Mount Mitchell, at Mount Mitchell State Park north of Asheville snow totals accumulated to and astounding 66 inches!  This snow won’t top the record books at my home, as we recorded 41 inches from the blizzard in March, 1993.

Cataloochee Ski Area was indeed grateful for the snow, as they now have a good base.  In fact, they opened “The Meadow” for skiing for the first time in years.  The Meadow is a large pasture on the west side of the mountain, adjacent to the ski area.

After the mild December, it was great to have a little touch of Winter.  Now I’m looking forward to Spring when the leaves come out again, and flowers start blooming.  That’s the great thing about these mountains.  We do have 4 seasons.  Our longest seasons are Spring and Fall.  The cold days of Winter, and the warm days of Summer are our shortest seasons.  If you are getting tired of the monotony of Florida, South Georgia, or Alabama, then come on up!

December was very mild, but Winter has returned in January (Let’s go SKIING!)

December was probably the mildest December I have seen in my 41 years here.  We had many days over 60 degrees and some days above  70 degrees.  Unfortunately, the ski areas in Western North Carolina suffered due to the mild weather.  (The temperature must be close to freezing to make snow.)   Finally, the week after Christmas, temperatures fell back to normal for the area.   This was good news for Cataloochee Ski Area.  The ski area is now open and has to their credit blown enough snow to open the entire mountain (18 trails and 5 lifts), with a 28 to 60 inch base for the Martin Luther King weekend.

Sooo…come on up, the skiing is GREAT!!

Why Buy a Vacation Home in Western North Carolina by Mountain Dreams Realty of WNC

Western North Carolina is a fantastic place to purchase a vacation home. Often referred to as the Land of the Sky, this mountainous region has a spectacular mix of breathtaking scenery, pleasant weather, incredible nature trails, one-of-a-kind attractions, fun-filled events, and a host of outdoor recreational opportunities.

If you want respite from the hustle and bustle of city life to breathe in the freedom of the beautiful outdoors, Western North Carolina beckons. It’s the ideal place to relax, have fun, enjoy the spectacular views, and take part in exciting outdoor activities.

A Four-Season Destination

Whether you eventually want to stay for good or just visit occasionally, Western North Carolina never ceases to enthrall. Winter turns the foothills into a wonderland for skiers or snowboarders. Spring brings the outdoor trails to life, begging hikers to trek through paths that wind through majestic trees, lush valleys, pristine lakes and rivers, and unique rock formations. Summer sees locals and tourists alike take to water sports like kayaking and whitewater rafting. Fall, when everything seems to have a fiery scrim of color, is the perfect time to dial things down and revel in the outdoors.

Numerous Attractions

But Western North Carolina is more than just its landscape, spectacular though it may be. The region is replete with other attractions like fantastic shopping centers, interesting museums, top-tier restaurants and eateries, craft breweries, theme parks, festivals, and year-round activities.

Indeed, Western North Carolina is a place you and your family can visit any time of the year, a paradise for every season and a great place to just enjoy life. It is truly a special place, a serious contender if you’re looking to buy a vacation home where you, your family, and, most certainly, your newfound friends can start building lasting memories.

Golfing in Haywood County by Mountain Dreams Realty of WNC

With the fresh mountain breeze and majestic North Carolina Smoky Mountains as a backdrop, golfing in Haywood County is nothing short of an absolute treat.

Some of the best golf courses located in the area include:

The Waynesville Inn Golf Resort & Spa

The Waynesville Inn Golf Resort & Spa has three excellent nine-hole, par 35 courses. Each course starts and ends at the lodge and features four sets of tees, making it accessible to golf players of any skill level. All of the courses feature bluegrass and rye fairways and bent grass greens, which ensure the grounds remain relatively verdant during winter.

Laurel Ridge Country Club

The championship golf course at Laurel Ridge Country Club takes advantage of Waynesville’s secluded setting and pleasant mountain climate. Each hole in this master-planned course takes players through lush vistas, crystal clear ponds, and quietly flowing streams. The course, featuring bent grass greens, tees, and fairways, has been named one of “America’s Best Courses” by Golfweek Magazine.

Springdale Country Club

Located in the town of Canton, the Springdale Country Club features a 6,800-yard course guaranteed to provide players with an unforgettable playing experience. The course lies in the shadow of majestic Cold Mountain, and features rolling fairways and strategically placed bunkers and greens. A course highlight is “The Springdale Spasm,” a 425-yard, par-4 hole that requires a powerful tee shot and a precise approach to successfully place the ball on an elevated green.

Maggie Valley Club & Resort

This 6,500-yard course is picture-perfect, featuring creek-fed ponds, towering centennial trees, 30 acres of lush fairways, and bent grass greens. Maggie Valley Club & Resort has a clubhouse with luxurious amenities, and a top-tier restaurant.

Unforgettable Adventures and Outdoor Recreation in Haywood County by Mountain Dreams Realty of WNC

Haywood County is one of the most scenic locations in all of Western North Carolina. Situated at the heart of the Smoky Mountains, this area is an absolute paradise for adventurers and thrill-seekers of all ages. Whether it’s hiking, fishing, biking, wildlife viewing, horseback riding, or skiing, Haywood County provides endless opportunities for fun and adventure you won’t soon forget.

Some of Haywood County’s most popular outdoor venues are:

Great Smoky Mountains National Park

The Great Smoky Mountains National Park encompasses more than half a million acres and is one of the most visited national parks in the U.S. It is world-famous for its vast scenic forests and lush valleys, a sanctuary for a wide variety of plants and animals.

Waynesville Park and Recreation Center

The 64,000-square-foot facility boasts of a water park, state-of-the-art fitness rooms and training centers, a 1/10 mile walking track, two basketball courts, two racquetball courts, a disc golf course, a dog park, tennis courts, softball fields, and more.

Cataloochee Ranch

Mount your steed and giddyap through the verdant forests, mile-high vistas, colorful wildflower fields, and rhododendron tunnels of the Great Smoky Mountains National Park. It’s an exhilarating way for adults and kids to explore the outdoors.

Cataloochee Ski Area

Winter turns Haywood County into a snowy paradise, and the Cataloochee Ski Area offers over 17 slopes and trails ideal for skiers and snowboarders of varying skill levels. Novices can hit the gentle slopes or take private lessons, while more experienced skiers and snowboarders can head for steeper slopes or the Cat Cage Terrain Park, which features ramps, rails, and boxes.

These are only some of the destinations you shouldn’t miss in Haywood County. For more information on the many things you can do when you’re here, get in touch with our team today.