Buying Land in Raleigh NC
Finding Land in the Raleigh Area - Best Places to Get a Bargain
Raleigh Custom Home Building Questions
"How hard is it to find land in the Raleigh area? I'd really like to purchase a lot to build a home on for under $50,000, but I'm not sure what my options are."
We get asked this question more often than you might think!
Best Place to Live - With Plenty of Options
Even though the Raleigh, NC area has been seeing steady growth for the past two decades, it's still possible to find land within driving distance, no matter which area of the Triangle you're planning to work in.
For 3/4 of an acre to a little over an acre for under $50,000, I'd start by considering Fuquay-Varina, Clayton, Zebulon, parts of Chatham County, parts of Hillsborough, Bahama, Creedmoor, Alamance County, Harnett County, and Johnston County.
All offer great combinations of scenic trees, ponds, and farmland, while still near shopping and big-city attractions. Some bargains can be found in other areas too - but overall these areas offer the most selection in your price point.
What's Most Important to You?
Like everything else, there are trade offs in location and amenities, as well as size.
What size would your lot be, ideally?
-Less than a quarter of an acre.
-One quarter to one half acre.
-One half to one acre.
-One acre or more.
What kinds of community amenities are you looking for?
-Swimming pool, tennis courts, community center and other amenities will drive the price of the lots upwards, as the costs of these amenities are usually spread out over the individual lots.
-Are you an avid golfer? It's hard to find a golf course lot for under $100K in the Raleigh area. If you're looking for lower land costs, you may want to consider being near a golf course rather than on one.
-Also consider cost of homeowners association fees, as they will be higher in a community with more amenities.
Pricing is dependent on land values in the area.
- Within Wake County, Cary, Morrisville, and Wake Forest generally have the highest home values - and land values are correspondingly high. Find out more here about which areas of Wake County offer the best bargains.
Generally land that is a little further out is less costly.
Raleigh New Home Building Resources: