3 Reasons Buying This Home at 6222 Lansford Drive in Fayetteville, NC is a Smart Move

If you are considering buying a home in Fayetteville, NC right now, you’re already pretty smart. Despite all the negative news from the news media about the national real estate market, homes for sale in Fayetteville, NC remain a good buy.

You’ve heard about homes losing value in many areas of the country, but at the end of the year when the numbers are totaled, home values in Fayetteville and the surrounding areas have increased every year over the last decade. This year looks to be similar, with home values increasing slightly or staying relatively even.  The effect of the military community on our neighborhood values is powerful as Fort Bragg continues to grow.

And, you’ve also undoubtedly seen that mortgage interest rates have fallen to new lows. Just this week, my preferred lender quoted us a rate of 3.75%. Now, that’s low by any standard!

Those are pretty good reasons to buy any home in Fayetteville, NC. But, if you are looking to purchase a modestly priced home in Fayetteville, I have some specific reasons you should include the home at 6222 Lansford Drive in your home buying search.

1. For the price, there are very few homes that are in the condition of this home. There are 155 homes for sale in Fayetteville today that are priced between $75,000 and $85,000. This home is priced at $84,000. It has been completely renovated. What’s new in this home? New heating and a/c unit, refinished hardwood floors, new tile, fresh paint throughout the interior, and brand new matching stainless steel appliances in the kitchen, including a refrigerator, range, microwave and dishwasher. And, for added protection, the homeowner is also offering a one-year home warranty with this home. You probably won’t find those features in too many other homes for sale in Fayetteville in this price range.

2. This home is in a very stable neighborhood and is close to post and shopping. The home at 6222 Lansford Drive is located in the Mayfair subdivision. Mayfair is a quiet neighborhood of modest homes. In the last 5 years, only 5 homes have sold in the neighborhood, and none have been sold since August of 2009. That’s low turn-over, and it’s a sign of a mature, stable neighborhood with homeowners who intend to keep their homes long-term. This location is also ideal for anyone who doesn’t like spending hours in their car driving back and forth. The neighborhood is located off Cliffdale Road, right across from the Cliffdale Post Office and Cliffdale Elementary School. It is only minutes to the Cross Creek Mall, restaurants and major shopping areas and it is a short drive to Fort Bragg, using either Reilly Road or the All American Expressway.

3. The mortgage payment on this home will be less than the rent at any similar home. According to Zillow, rental prices for homes in Fayetteville have increased an average of 10% over the last year. That’s not surprising; many people are choosing to rent right now.  Use this mortgage calculator and compute the payment of the loan and you’ll see that this home can be a very affordable purchase!  You will not find a home for rent in that price range that has the location and features of this one. For more detailed information about what mortgage terms are available and what the payment on a loan would be, contact your lender or send my preferred lender an email.

Right now, there are many homes for sale in Fayetteville, NC in the more modest price ranges. However, few of them will offer the location, features and value of this one. Here is a link to the photo gallery for this home and the video tour is available on our home page.

If you are looking to buy a modestly priced home that is close to post and shopping, call or text The Jumper Real Estate Team at (910) 644-0303 for more information or to schedule a showing.