Making the right investment is a must when it comes to real estate, and this can help you live in a desirable community, feel safe and protected, and it can even help you make huge profits if you ever choose to sell your home. In today’s market, there are tens of thousands of homes that will fit in your budget and that will have all the things you want, but as you already know, location is the thing that is going to make the biggest difference.
In this article, we are going to tell you why buying a house in Cary, North Carolina is a wise investment, and how it is going to affect you in the long run. Continue reading if you want to learn why this is a desirable area, and why more and more people are looking to make their investment here.
Your property will not lose value
The main reason why you should consider this investment is that you are never going to lose any money no matter how much you choose to put in. This area is currently being developed and it is becoming more and more popular by the day. At this time, about 70 percent of the homes are privately owned, whereas 30 percent are being rented.
The prices vary between 1200 to 3000 dollars per month for renting, and as you can see, even if you choose to rent your place, you will not lose any money. As you already know, when a lot of people get interested in something, the value rises, and no matter if you choose to sell in a year, or if you want to keep your home for generations to come, this is going to be a desirable neighborhood that people will want to make their investments into.
Ultimately, your property will never lose value, it has the potential to become more expensive in time, and if you put some thought into your house, and do proper maintenance, you can sell it for a lot more money down the road.
The population is growing
How do you know that something is good? More people like it and more people want to have it. The same goes for good areas and great neighborhoods. When it comes to Cary, the population has been drastically increasing in the past year, and more and more people choose to relocate here from different parts of the United States. Currently, there are almost 200 thousand people living here with the median age of 37, and experts suggest that the population should rise to about half a million in the next decade.
The fact that the population here is increasing is reason enough to know that this is going to be a wise investment and that in time, the value of the properties is going to increase. Note that since this is already happening, you should start looking for your preferred home so you don’t wait for too long and end up spending more money than you’ve planned.
There are a lot of job opportunities and schools
When we relocate and when we start thinking about desirable locations, we want to be able to have a good and stable job, and we want our children to get a proper education. The current unemployment rate in this area is about 3 percent and the median income of people who live there varies between 80 and 120 thousand.
The fact that there are both great schools and job opportunities means that you don’t ever have to compensate for earning a lot of money or having amazing education options for your children. This is something that not too many places offer, and it is another reason why choosing this location for your investment is going to be a really wise decision. Note that this community is still in the development process, so in time, there are going to be even bigger opportunities and better things that you can look forward to.
In Cary, there are about 20 global companies including Epic Games, almost ten fortune 100 firms, and about 15 fortune 500 businesses. This means, there are great career options, no matter your specific industry, and even if you cannot find something that is the best fit for your needs here, the areas near this one will definitely offer it.
It is classy yet affordable
We all want to live in a beautiful house surrounded by a mesmerizing garden, and we all want to have that luxurious lifestyle. However, this type of life usually comes with a really big price tag, and not many can afford that. Some of the most affordable areas include Woodwinds, Woods of Kildaire Farms, and Williamsburg Manor, and some of the most luxurious ones include MacGregor Downs, Lochmere, and Copperleaf.
If you are looking for the best of both worlds, and if you want to live in a high-end location, get all the amenities, and still not burn a hole in your pocket, then you should choose this area. Here you can find different things for everyone’s pocket, and you can opt for an extravagant property or something that is budget-friendly but still beautiful.
According to Premier Real Estate, in this location, you can find both bigger and smaller size houses, so no matter if you are single and want to make the right investment, or if you have your family relocating with you, you can find the right property with ease.
It has an impressive infrastructure
We all want to live in accessible communities, and we don’t want to have to worry about how we are going to get from point A to point B. When choosing the right real estate investment, you need to consider this part, and you should look for a place that will provide good infrastructure and that will be accessible by different means of transportation. The plan for future development is to invest an additional 500 million dollars to make this place even better than it currently is.
When it comes to Cary, here you will get pretty much what you’ve ever wanted and more. You can get to North Carolina by rail, sea, air, or road, and when it comes to Cary, you can access it by road, trail, or the international airport. The roads are made to help you get wherever you are going faster, and you won’t have to worry about getting lost or having to take narrow paths. The Raleigh-Durham International Airport is only at a 40-minute drive and it connects you with the whole eastern coast, along with flights to other parts of the country.
There is one train station in this area, with four train lines, and there are almost 450 trips done every day. As you can see, these are some great reasons about why you should invest in a house in this area, and no matter if you choose to live there for generations, or if you want to just have a property that you can sell in the future, you will not regret your decision.
In addition to this, this area offers real estate opportunities for pretty much everyone, so no matter if you don’t want to breach a budget that is 100 thousand dollars, or if you are willing to pay several million dollars for your home, you can find the right property for you. The most important thing you should do is find a good agency that will help you find your dream home and possibly even your forever house.