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Small Houses and Big Houses
July 8th, 2023 4:04 PM
In my travels recently I came upon a couple notable homes for sale.  On the Cape Fear River in Wilmington NC,  for a cool 1.95 million, you can own 510 Surry St.

My favorite view is the one from the river (it impressed all the tourists on the river boat cruise).  It's a historic home built in 1795. 

Then I peeked in the windows of the Oak House in Madison GA.  It comes with a model train room.

On the flip side, I heard WSB's Clark Howard praising the benefits of smaller homes yesterday.  He said that in the last fifty years the average size of a home in the US has doubled while, at the same time, the number of people living in a typical home has fallen by half.  He went on to note that smaller homes cost less to maintain.  Food for thought.  Then there is the real estate principle of progression which is the idea that the value of a property increases when more valuable properties are built in the area.  It certainly applies to smaller homes in the midst of larger ones. 

Contact Comp One Appraisal Services today and put our local expertise to work for you.  Based in the Globe Building at Peachtree Dekalb Airport, we're the perfect resource for attorneys, agents, homeowners, and lenders.  Thanks for reading!

Posted by Cameron Horne on July 8th, 2023 4:04 PMPost a Comment

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