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Purchasing a Home in Fayetteville, North Carolina


Posted: June 10, 2019 by Alan Tucker

The city of Fayetteville, North Carolina is one in which more and more people are looking to buy a home and become a part of the great community that area has to offer! First and foremost, if you’re looking to buy a home in Fayetteville then you’ll want to get to know the city itself and the history behind it! Second, you should familiarize yourself with important information such as the average list price, and the average price per square foot—among other things. Lastly, once you’ve decided on where in the area you’d like to live, you need to find a real estate agent to help you seal the deal!

 

Get to Know Fayetteville

The city of Fayetteville is situation within Cumberland county of North Carolina and, with a population estimated to be just over 210,000 people, it is the fifth most populous metropolitan area in the state. The city itself has a long history, and was originally established as a trade in the 1700’s for those looking to transport their goods to the port of Charleston, South Carolina. As such, there are a number of historical sites still preserved within the city, the most prominent of which is most likely the city’s Market House, which was constructed in 1762 and still stands today.

It’s also important to note that the city has had a long military history that is bolstered by the presence of Fort Bragg. The fort itself was established in 1918, and is the world’s largest military installation with upwards of 50,000 active personnel. The city’s connection with the military can be found throughout the metropolitan area with a number of parks and monuments dedicated to both active duty personnel and veterans!

Numbers to Know

Now that you know a bit more about the city, it’s important to understand a few key numbers that are important to consider when buying a home in the area! First, the average price per square foot for the area is around $80, and has seen a steady rise as average sale prices continue to rise as well! As such, the smart homeowner will see Fayetteville as not only an affordable option, but also one in which a homeowner can build equity and later sell their home for a profit given the area’s steady increase in population and average sale price! Given the increasing popularity of the area and the uptick is business, it’s safe to say that Fayetteville will only continue to grow in popularity!

Find an Agent

Once you’ve set your heart on Fayetteville and you’re ready to begin the home-buying process, you’ll need a real estate agent! With a number of professional, experienced, and qualified agents and an office located in Fayetteville, we here at Coldwell Banker know that one of our agents can help you find the best home for you! With knowledge and expertise of the area, as well as a proven track record of success, it’s easy to see why we’re so sure that one of our agents is the right choice for you! So reach out, and let us help you find the perfect home in Fayetteville, North Carolina!

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