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Diamonds In The Rough: Asheville's Luxury Home Real Estate Market
from: Mark G. JacksonNestled in the mountains and vast wilderness of Western North Carolina, lies the charming city of Asheville. Its "artsy" personality has drawn tourists from around the world to experience the unique and diverse nature of the place I love to call home. As these visitors wander the Blue Ridge Parkway and stroll through the quaint streets of Asheville, they begin to realize that they yearn to reside in the stunning beauty of this corner of Western North Carolina. Although Asheville may seem quaint and small it has a distinctive and exciting personality that can rival any larger metropolitan city in the nation. It offers the perfect blend of a small town community and a cultural and artistic hub.
The City of Choices
As Asheville's popularity blossomed in the late 1990's, so did its need to provide luxury homes for those relocating to the Western North Carolina region. Amazingly since 1999, there have been nearly 250 luxury homes priced over one million dollars bought and sold in the Asheville real estate market. There are over 70 currently on the market. In town, subdivisions like Grove Park, with its gorgeous golf course, and high above the city, Town Mountain with its pristine views of Asheville are in extremely high demand. North Asheville boasts the exquisite areas of Beaverdam, Beaver Lake and Reems Creek Village. The regal community of Biltmore Forest just south of Asheville offers its residents the countryside setting of yesteryear.
The Cliffs at Walnut Cove, a gated community sporting a Jack Nicholson Signature golf course, is situated in the mountains southwest of town. Luxury home sites are now being offered in West Asheville at Crest Mountain and east in The Settings of Black Mountain. Asheville's 2005 Parade of Homes showcased luxury properties in the majestic communities of Biltmore Lake, Biltmore Park, Reynolds Mountain, Poplar Ridge, Waterford Lakes and Keswick Hills constructed by Asheville's premier builders. Elegance and style are offered in neighborhoods such as Sherwood Heights, Lake View Park, Butler Mountain Estates, Timber Park, Mountain Meadows and the list goes on.
The Market Continues to Grow
Asheville's real estate market is strong and thriving. Home values have increased over the last 5 years by some 39%, an unprecedented amount rivaling markets like California and Florida. Home sales in Asheville increased 14% in August compared to this time last year. With new home communities being developed across the region, Asheville is moving forward by leaps and bounds. Investors around the world have taken advantage of our growing home market.
Living in the lap of Asheville's luxury continues to be a desire for many either as a permanent residence or as a second home to relax in the peaceful setting of the Western North Carolina Mountains. As the demand for Asheville's Luxury Real Estate Market continues to grow, let me show you the benefits and amenities this area has to offer. To learn more about luxury living in Asheville, North Carolina visit www.theskysthelimitasheville.com and read my article "The Sky's The Limit: Luxury Condos and Lofts in Downtown Asheville, North Carolina".
About the Author
Mark G. Jackson is a long time resident of Asheville, North Carolina. He is a real estate agent and investor in the Western North Carolina region. He currently works for the John Carroll real estate office in downtown Asheville and specializes in finding the best properties for clients interested in the Asheville real estate market. Mark can be reached at www.theskysthelimitasheville.com.
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