An Agents Quest for Affordable Housing
As recent transplants and renters in Asheville my wife and I have been searching for Asheville homes. Having bought and sold several homes in the past as well as owning rental properties in other states we thought this would be an easy task. Asheville homes have proven to be a tougher nut to crack than we thought. The question we find ourselves asking is, “where are the affordable homes?”.
In the past we have enjoyed living in town, walking to local shops and restaurants. Being in close proximity to work and play is important to us. As an agent I have scoured the new listings for what seems to be a “unicorn”. If it’s in our price range it’s dilapidated and needs extensive repair. If it’s in good condition then we must prepare for a bidding war.
Asheville is a great city with a lot to offer. A big city in a small package if you will. Great restaurants, beautiful surroundings, vibrant art and music scene. There is something for everyone. There are trade offs to living anywhere in the world, Asheville’s tradeoff is housing costs. We are lucky, we found an affordable house to rent in a nice neighborhood. According to the Bowen report, assessing housing needs prepared for the Asheville City Council, 44% of renter households are cost-burdened (paying more than 30% of their income on housing), and another 21% are severely cost-burdened (paying more than 50%) The full report can be found here: Asheville Housing Needs Assessment. With over 5000 people a year moving to Asheville and looking for homes there doesn’t seem to be an end in sight.
The answer to our question has been to look further from town and step slightly out of our comfort zone. There are many gems still to be had in the Asheville area and working with a Keller Williams agent can help you in your quest to find one. Keller Williams has been growing in the Asheville market and it shows in number of agents as well as number of units sold.
Our plight is not unlike many others, but utilizing a proven network of agents allows us to see beyond our initial disappointment to new possibilities. The same problem mentioned above, Asheville’s growing population is also the answer. Areas that have been less desirable in the past are now becoming hip and trendy. You would be hard pressed to find someone who wanted to hang out in West Asheville 10 years ago, what a difference time makes. My education and training with Keller Williams continually expands my horizons and shows me that my wife and I can still have our dream home. So I no longer just look downtown, I now look at trends, road construction, traffic patterns, city planning. The things that help determine the next “West Asheville”.
I’ve always thought I could do it on my own and that finding the right home for the right price in the age of the internet was simple. I know now that trusting a professional, a Keller Williams agent like myself (shameless self promotion plug I know), who has done the homework and studied the market is the way to go. Searching for Asheville homes is not easy. Let a professional agent guide you along a path of discovery that you may not have realized was there. For more information please follow the link below to my website.
R. Eddie Donley 828-407-0062
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