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Wilkes County Market Statistics for December 2020
Total New Listings During This Time Frame 48
Average Sold Price $ 215,064
Total Sold Dollar Volume Residential $10,323,000
Nestled in the foothills of Western North Carolina, the Fieldstone Estates is a gated community that provides a perfect place to build your dream home. The community is located off of Old Highway 18 in Wilkesboro NC, it consists of over 200 acres and is convenient to schools, churches, and shopping.
The development has 17 tracts for estate homes (over ten acres each), which includes space for horses if desired by the home owner. Each 10-acre tract can sub-divide this into two 5 acre tracts. The minimum square footage of a home must be 2,800 square feet and all exterior finishes are covered in the covenants.
the development has 20 acres that has 10 building sites for patio homes with a 2,000 square foot minimum.
For those who have asked for a home with a view and river frontage...Here you go! The home is a Park Model home (in which the wheels and axles have been removed) is located on 1/3 mile of the East prong of the Roaring River. This property includes a 30*90 building used to store equipment with electricity. 2 stocked ponds, multiple RV trails through out the 64.09 acres of land. Three sides of the property are surrounded by water. There are two platforms used for camping, skeet shooting range, gazebo over looking the river, horse shoe pit and 2 helipads.
Whether you’re purchasing a single-family home or a larger multifamily income-producing property, due diligence should be a time-consuming and in-depth process.
In short, due diligence means investigating facts about the physical and financial condition of the property and the area the property is located in. A good way to think of due diligence is “doing your homework” both before you make an offer and after your contract is accepted.
As a rental property investor, due diligence helps you to verify that you are getting the property and cash flow that you’re paying for.
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