Homes on Parade
Most of us can’t afford to live in an opulent mansion and many of us struggle to keep our homes in tip-top designer shape. But, once a year at least, we can dream about what it might be like if we could. Take a peek at the luxe life at the Home Builders Association of Raleigh/Wake’s annual Triangle Parade of Homes tour. Whether you’re looking for a new home yourself or trying to find inspiration for an existing one, the free tour is a fun way to see new real estate in the Triangle area. During the first two weekends in October, nearly 250 homes throughout Wake, Durham, Orange and Chatham counties are open to the public for self-guided tours. The Parade of Homes showcases new communities and the season’s hottest interior design trends. Neighborhoods include Sanctuary at Yates Mill, a lavish neighborhood located just outside of downtown Raleigh featuring wooded homesites and pond views, and Jordan Pointe in Apex which boasts quiet “country living” with resort-style amenities. Triangle Parade of Homes is also one of the largest judged new home tours in the state; each year, winners are selected in categories by price, starting at $225,000 to $325,000 and running up to between $1.6 and $2.3 million.
Triangle Parade of homes takes place October 4-6 and October 11-13, from 12 p.m. to 5 p.m. For more info visit triangleparadeofhomes.com.
Making A House A Home
No one knows better what homeowners want to have in a new home than home builders. The Home Builders Association of Raleigh-Wake County recently shared a survey of nearly 4,000 home buyers—those who have either recently purchased a home or plan to purchase a home within the next three years—ranking 175 features based on how essential they are to a home purchasing decision. Here are a few of the top wants:
• Energy-saving features such as Energy Star appliances, windows and whole-house certification
• Home-storage, such as garage storage and walk-in pantries
• Farmhouse-style features incorporating ample amounts of wood
• Engineered countertops such as quartz, or concrete and wood block for color options and functional flexibility
• Vinyl and resilient flooring, especially for aging in place
• Wireless controls and open interior and exterior spaces in the kitchen
• Higher-end fixture installations in the bathroom, such as wall-mounted sinks, faucets and toilets
• Outdoor living spaces that extend living and dining options
• A laundry room
• Exterior lighting
According to the survey, 86 percent of home buyers prefer their kitchens and dining rooms to be completely or partially open. Top finishes include stainless steel appliances (67 percent), granite or natural stone kitchen countertops (57 percent) and white kitchen cabinetry (32 percent).
Real Estate Market Update
Numbers from the Triangle MLS from August 2019
Average Sales Price:
$319,960, up 5.5 percent
Average Number of Days on Market until Sale:
Total Homes for Sale:
8,542, down 7.5 percent
Up 2 percent with 4,452 listings