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spacer.gif (818 bytes)Real estate is big business in the southern coastal region, due in large part to the desirable nature of the Carolina coast. The climate, the amenities of North Carolina's largest coastal city, beaches, a thriving university, extensive shopping and dining options, first-rate medical services, attractions, historical sites, varied recreational opportunities and beautiful coastal scenery conspire to lure newcomers and maintain a lifelong hold on residents.

Since the entire region from Topsail Island to Sunset Beach hugs the shore, land is limited to an approximately 180-degree angle. Naturally, the closer a property is to the water, the higher the price. Nevertheless, housing remains remarkably affordable throughout the southern coastal region compared to some more affluent parts of the country. There is also tremendous diversity in terms of neighborhoods, housing styles, scenery and price. The highest level, from $500,000 to beyond $3 million, consists of properties for buyers interested in waterfront and luxury homes. At the other end of the scale, there are smaller, new homes ranging from $100,000 to $150,000, just right for first-time homeowners and retirees seeking affordable housing.

Because new neighborhoods are continually sprouting in the area, we aren't even going to try describing all that are available. What follows is information about established neighborhoods, average prices (these may fluctuate according to the market) and other general facts. For specific information, contact an area real estate agent (a partial list of agencies is included in this chapter) or visit sales offices in a community that appeals to you.

Note: The real estate prices given in this chapter are intended to serve as a general guideline to area property values. Due to the constant state of flux in the market, prices can change considerably in a very short time. ZH 12-18-06

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