Archive for the 'Greybeard Realty' Category

Sweet Swannanoa Home for Sale

Sunday, April 13th, 2014

Greybeard Realty’s new listing, 15 Harrison Hill in Swannanoa, is a wonderful option for anyone wanting a bright, sunny home in a small mountain community. This 3-bedroom, 3 bath home has easy access to Asheville and Black Mountain. And as an added bonus, the home features a lower-level 1 bedroom apartment with a separate entrance.

Enjoy the quiet backyard of this Swannanoa home.

Enjoy the quiet backyard of this Swannanoa home.

Built in 1996, the spacious home has main-level living and plenty of natural lighting. With front and back porches and a 2-car garage, this home also has mature landscaping and a secluded backyard. The lower-level apartment is also bright and has a kitchen/dining/living area with a private laundry. In addition, the apartment has rental income potential.

Swannanoa, located in eastern Buncombe County between Asheville and Black Mountain, provides residents with easy accessibility to I-40. Nearby Warren Wilson College offers numerous arts and music programs as well. Check out Greybeard’s Swannanoa listings for other local options. If you’re getting ready to enter the buyer’s market, you might want to look at Greybeard’s Homebuyers’ ABC webpage as well as the Market Trends which tracks local real estate statistics. For more information on this home or any other listings, please contact Greybeard Realty.

Pristine Home with Privacy for Sale in Black Mountain

Sunday, March 30th, 2014

Greybeard Realty has added a special Black Mountain home for sale to its listings. The 4-bedroom home, 36 Lynx Drive, has mountain views and privacy along with a great location with easy accessibility to Black Mountain.

Mountain views from 36 Lynx Dr. home.

Mountain views from 36 Lynx Dr. home.

The main floor of this home has two master suites as well as a formal dining room and a family room with a gas fireplace. With lots of windows and high ceilings, this home is bright and open. In addition to the main floor, the home also has a lower level with two bedrooms and a large bonus room/den which can become the family hangout or the family workout space. The home also has a one car garage and a workshop.

As home to Greybeard Realty, Black Mountain always has had a special place in our hearts. And Black Mountain has received some great national attention recently for its easy accessibility to outdoor activities, among other pluses. Please contact us for more information about this home for sale and check out Greybeard Realty’s complete Black Mountain listings.

Get a Taste of Asheville with Forbes’ Sampling

Wednesday, March 12th, 2014

Forbes recently recognized the growing flavors of Asheville in its list of top five secret foodie cities. In its blog, Forbes highlights the interesting and widely varied types of cuisine and presents a list of festive restaurants sure to please the palate.

Asheville menu sample

Asheville menu sample

In addition to Curate, a restaurant featuring Spanish tapas, the blog mentions the French Broad Chocolate Lounge which serves liquid truffles and Looking Glass Creamery that pairs fresh cheese with wines. Just reading through the listings should be enough to make you head out for a nosh.

The Forbes top five list preceded the recent USA Today Travel listing of “6 Small Cities with Big Tastes.” That list of top six also mentions Curate as well as Rhubarb and Seven Sows Bourbon Larder. One of our Facebook followers suggested Strada Italiano and Zambra should be added to this list as well. About a year ago, Greybeard Realtors and staffers suggested their favorite family restaurants as well. Regardless of what list you choose, it should be apparent that Asheville has an incredible palate for cuisine choices.

With its cultural offerings and natural beauty, Asheville doesn’t really need another reason to be the place to live. A look at these recent lists, however, may have you salivating for your own home. If you’re ready to make the move, look over Greybeard’s Asheville homes for sale listings and contact us. And in the meantime, let us know about your favorite dining spot.

Lake Views and Mountain Peaks From This Western NC Mountain Home

Wednesday, February 26th, 2014

Imagine yourself lakeside in the western NC mountains with gorgeous mountain peaks in the distance. If that picture fits your dreams, you’ll want to see Greybeard’s listing on Bear Cliff Village Drive. This well-maintained townhome on Lake James is a short walk from the Bear Creek Marina and will go a long way toward meeting your aspirations of owning a mountain escape.

A western NC mountain home with a cool lake and blue mountains.

A western NC mountain home with a cool lake and blue mountains.

This 4-bedroom, 3 bath townhome has a gas fireplace and cathedral ceilings, creating a warm open area for gathering. The master suite is located on the main level with 3 large bedrooms and 2 full baths on the lower level. From the covered porch, you can enjoy lake views.  With the meticulous upkeep on this home, it is move-in ready. And with no yard to maintain, you really can make this the ultimate vacation home.

Lake James, located in McDowell County, has more than 150 miles of shoreline. The lake is the focal point of Lake James State Park, nestled between Marion and Morganton.  This state park is one of the youngest in the state, established in 1987 by NC general assembly. With its boating and fishing, its abundant wildflowers, and its forest creatures, this mountain lake area makes the ultimate backyard without the required upkeep.

For more information on this restful townhome or to see our other listings, please visit the Greybeard Realty website. Or contact Greybeard for more information. It’s a good time to make your dream of owning a lakeside mountain home a reality.

Exterior Projects Open Doors for Asheville Home Sellers

Monday, February 3rd, 2014

Asheville homeowners who wonder which home improvement project has the best return for the money only have to recall the trite but true adage, “you only make a first impression first.” If you go by that saying and a recent study presented on the website houselogic, you will know that exterior projects are among the most valuable to consider.

Solid exterior projects sell well.

Solid exterior projects sell well.

The website mentions that 8 of the top 10 most cost-effective projects, for people hoping to recoup their costs, are exterior projects. Specifically, replacing a front door with a steel door entry and adding a wooden deck top the list for projects. The two interior projects that make the list are adding an attic bedroom and making minor kitchen adjustments.  The idea that a home’s exterior is a huge selling point is not a new one.  A Greybeard blog on how to prepare your home to sell pointed out that the so-called curb appeal goes a long way toward making that all-important first impression.

Another important factor to consider when planning any home improvement project is the timing of it. While some sellers often wait until they are preparing to put their home on the market to tackle that home project, it seems better to move forward with it when you can. After all, doesn’t it make more sense to complete the home improvement project as soon as you can so you can enjoy the latest project for a while prior to moving on to your next home?

That being said, as recent market numbers indicate, the supply of homes on the market is tightening. Right now could be a great time to tackle that long-planned project so you can list your Asheville home by summertime. For more information on how to prepare your home for listing, please visit Greybeard’s sellers’ page for some tips. And don’t forget; when considering home improvement projects, it is important to think outside the home!

Mounting Evidence That Asheville Real Estate is Moving

Saturday, January 25th, 2014

While some people consider 13 to be unlucky, followers of the Asheville real estate market will have to agree that 2013 was a very positive year for sales. Buncombe County and Black Mountain sales figures indicate that residential home sales have rebounded solidly from the lows several years ago.

Upward Trend in Asheville Homes Sales

Upward Trend in Asheville Homes Sales

Buncombe County

County-wide, units of home sales showed a 24% increase over 2012 numbers with 3,437 homes sold in 2013. While still down 17% from the peak number of homes sold in 2006, this year marks the fourth consecutive years of unit increases which is very encouraging and demonstrates a solid growth market. Sales volume for the year increased 30% over 2012 volume to just under $900 million, again down from the 2006. The two year gradual increase in sales volume for Buncombe County is a very positive sign that the economy is on a very solid footing.

The average price for each home sold increased a conservative 5%, indicating that the upward trend is not accelerating at an unhealthy rate. With the dwindling supply of homes on the market, a 16% decrease this year from last year with 1,705 versus 2.032 in 2012, the expectation is that the price will continue inching up. It’s a simple matter of supply and demand.

Black Mountain

Mirroring the Buncombe County statistics, unit sales in Black Mountain increased 22% in 2013 over 2012 numbers, increasing from 123 homes to 150. This four year upward trend coincides w a four-year trend in increases in total sales volume. Black Mountain sales volume reached $30.6 million, a modest 5% increase for 2013. Again, both of these numbers represent a decrease from the peak of 2007; unit sales are 16% below the peak while sales volume is 34% below $46.7 million of 2007. The average price for Black Mountain homes decrease 13% in 2013, but with the 19% decrease in units on the market, that number should begin to climb as the supply tightens.

Overall Observations

The numbers for the 2013 real estate market for this area are encouraging. Growth in unit sales and sales volume are showing an observable trend up. At the same time, however, the market is not accelerating at an unsustainable rate. With the market tightening, it is anticipated that prices will gradually increase as supply declines. Greybeard sellers hoping to put their homes on the market this year are in luck. Black Mountain and Buncombe County could use more homes on the market. For Greybeard’s buyers entering the market, now is a good time to buy that second home or make that move to western North Carolina. The real estate market is healthy, and the numbers indicate it has not peaked. It’s a time when both buyers and sellers can benefit from the real estate market.

Lots to Love at this New Montreat Listing

Wednesday, January 22nd, 2014

Enjoy the twinkling evening lights and the train whistle from the valley below from the deck of this newly listed Montreat home. This 3-bedroom home, located on a larger than average Montreat lot, has exquisite landscaping including stone walls and walkways as well as a perennial garden with a small, man-made waterfall. With this move-in-ready home, you can settle right in and enjoy the serenity of mountainside living.

Montreat Mountain Home for Sale

Montreat Mountain Home for Sale

The main level, which has the master bedroom suite, features a wood-burning fireplace in the living room. The large windows of the living room, made possible by its vaulted ceiling, allow abundant natural lighting into the space. The formal dining room and eat-in kitchen provide ample space for entertaining as well. In addition to the bedrooms, this home also has another workshop/studio/office space along with ample storage and closet space.

This home is located on the mountainside, up from the main route through the small, secluded community. Montreat, surrounded by the Blue Ridge Mountains, has no traffic lights or commercial development. This newly listed home epitomizes the lifestyle of Montreat, a town whose name is a combination of “mountain” and “retreat”. If engaging in a mellow, peaceful lifestyle is in your plans, you should check out the full listing for this home.

Check our full Montreat listings on our website, and please contact Greybeard if you want to schedule an appointment. Several of us live in Montreat ourselves, and we would love to welcome you to town.

The Idyllic Snowy Views of Asheville Eyed on List

Tuesday, December 10th, 2013

The Asheville area has made another “best of” list, making it as one of the top six best winter drives in North America. While often recognized for its spectacular autumn colors, the Blue Ridge Parkway receives less attention for its winter splendor. An article by Terry Ward on Centurion’s online site highlights this local splendor.

Snowy Skyline

Idyllic Snowy Views from the Blue Ridge

In making her recommendation, Ward points to Mount Mitchell State Park, the highest peak east of the Mississippi River, as a particularly scenic spot in the snow. She rightfully notes that the Parkway is closed when conditions merit. The Parkway updates its road closings regularly on the Blue Ridge Parkway website. While driving during the snow may not be possible, the snow always lingers on the mountain tops long after the snow has stopped falling, so there’s always time to take in the snow-capped scenes.

For locals, it is often easy to overlook the uniqueness of where we live. In the bustle to get where we are going to work or to shop, for example, we don’t always take the time to appreciate the natural beauty around us. And for those of you who wonder what it’s like to live here year-round, we highly recommend a trial run. As Ward points out in her brief piece, there are abundant mountain rental cabins in the Asheville area that will let you give living here a try. Why not make a reservation now to see our idyllic views first hand.

Greybeard Realty Adds Real Estate Office South of Asheville

Tuesday, November 26th, 2013

Greybeard Realty announces the opening of an additional office, in Eastwood Village in the growing Fairview community. With its proximity to historic Asheville, this full real estate sales office will provide personal service from staff and Realtors who are all NC natives with extensive experience in the western NC real estate market.

Greybeard staff

Greybeard’s staff and Realtors have local roots.

When Greybeard Realty opened in 1999 in Black Mountain, founder Chip Craig made a commitment to providing individualized service in the rental market and then the real estate market as well. At present, Greybeard ranks in the top 10 for Buncombe County real estate companies and also manages more than 300 rental properties. For Chip, the additional office location is a natural fit for his company. ”We felt it was time to expand our real estate offerings, and the growing Fairview community was a good fit for us.” To see Greybeard’s current listings for Fairview, please see our Fairview listings webpage.

Rosie Johnson, managing broker at the new office, grew up in Black Mountain and has worked at Greybeard for the last 12 years. As she has worked in the last few months establishing Greybeard’s office in Fairview, she has been struck by the strong sense of community she has encountered. “I am very excited to be a part of Greybeard’s expansion into Asheville and the Fairview area. I have already been very impressed with the communities and networking here.”

If you’re in Fairview or the Asheville area, please stop by Greybeard’s newest office, located in Eastwood Village, Suite 207G (upstairs). Rosie and her staff are excited to share their expertise in the area and continue the diligent work they have been doing for Greybeard Realty. And keep an eye out for the January Open House; plans are currently underway with an announcement forthcoming shortly.

Getting the Lay of Asheville Land: Sales and Permits on the Rise

Tuesday, November 12th, 2013

In another sign of steady real estate growth in the Asheville area, statistics for land sales and residential building permits rose for the first three quarters of 2013.  These figures, when matched with the recent local residential sales figures in a recent Greybeard blog, indicate that the market continues on its positive trend.

Asheville land sales increase.

Asheville area land sales on the rise.

In the Asheville area, land sales increased 74% over the same period last year. That number shows strong growth but still lags 44% behind the land sales peak of 2007. The 420 units sold today account for $45 million in sales, a 68% increase over last year this time, but, again, still 57% below the 2007 peak. At present, there is a 3% increase in the number of units on the market.

In Black Mountain, the number of units sold is much smaller, 22 so far in 2013, versus 23 in 2012 which accounts for a 4% increase. This figure is well below the 70 units that sold in the peak year of 2007. The $1.7 million in dollars sold year-to-date represents a 2% increase over sales in 2012. Again, this figure is well below the peak of $8 million in sales in 2008, the peak year. At present, there is a 15% increase in the number of units on the market.  The figures used for land sales were provided by Western NC MLS.

For residential building permits year-to-date, Buncombe County saw an increase of 566 permits over the 460 pulled for the same period last year, an increase of 23%. These statistics are provided by The Market Edge. Of interest is the number of residential permits taken out for units more than 4000 sq ft or with permit value of more than $400,000. Statistics provide numbers for the total 2012 residential permits, 75, while numbers are only available for year-to-date for 2013, 58. It will be interesting to track that statistic to the year end to see if permits for larger, more expensive homes will increase at year’s end.

To stay on top of land sales and residential building permits, as well as area real estate sales, please see our market reports which are updated regularly.

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