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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.


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