There is a strong market for Bahama homes for sale. This is due in part to Bahama's proximity to Durham, NC which is a rapidly growing area. People look for real estate in Bahama when they want a little more land and privacy, but still want to be close to Duke University and Durham's downtown. This area of North Carolina is very pleasant, and this is especially true in the spring. The winters are not nearly as extreme as northeastern states. On the low end of the price range, you can find a home for under $175,000. The high-end homes also range widely in price, and the low end of this range begins at around $500,000.
Bahama real estate opportunities are featured on large plots of land. Being close to Durham, Hillsborough, and the Research Triangle Park are also conducive to the prospects of your home increasing in value. In the past 30 years, North Carolina has had property value increase roughly 4% per year.
Some of the common outdoor features you will see with Bahama homes are screened in porches, decks, and pools. Interiors will often include large master baths, open floor plans, and high ceilings.
There are some fine lots associated with many of these properties, and they add an immense value to the purchase. For example, a three-bedroom home sitting on a single acre can be purchased for less than $150,000. Many other properties come with more than a single acre of land, and this is provides an immense amount of privacy. For example, a mid-range home with a land parcel of 2 acres can be priced under $250,000. This example would commonly feature four bedrooms and two bathrooms, and provides an internal area of more than 2,000 square feet.
Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2017 Triangle MLS, Inc. of North Carolina. Data last updated .