July 31, 2016

SOLD | 1100 Ravenwood Court | Condo Living!

Realtor® Greg Rapp has just sold another home in Salisbury NC . . . this time the beautiful condo at Ravenwood Court!

Why a condo?

There are lots of reasons that a condo might be a better fit than an apartment or single home, and money is surely one of them. According to The Real Estate Journal, condo prices tend to appreciate at a slower rate than single-family dwellings, making them a more affordable choice in markets where prices are on the rise.

And, compared to renting an apartment, because you actually own your condo, you can take advantage of tax deductions such as the interest on your mortgage.

No yard to mow. This is a big appeal of owning a condo. There will be no mowing because you'll pay dues to a condominium association, which will take care of most of your maintenance needs. As a first-time homebuyer, it's enough to get your arms around the internal furnishings and such and a relief that you don't need to worry about landscaping, yard maintenance and physical labor activities like snowplowing and road maintenance and roof repair.

It’s cheaper than buying a comparable house. Obviously, the cost of a condo versus a house depends on the size of the home, the property values of the neighborhood and the cost of living in the area. But typically, you'll spend less on a condo, especially in higher-cost markets where condos can be the only alternative to high-priced, single-family homes.
How much cheaper is a condo? As an example, if you were to buy a 2,400-square-foot town house condominium in a pricey Boston suburb, you might pay $725,000. Meanwhile, a similar-sized, single-family house in the same area would cost just over $1 million.

There is a sense of community. Plenty of homeowners would say the same thing about their own neighborhood, but as noted, condo owners tend to live in much closer proximity than many suburban homeowners, who often have relatively big yards separating them. There are always social moments that occur throughout the day. Whether it be to take the trash out or pick up the mail, there are opportunities that one just doesn't get in a home. (Geoff Williams, "3 Reasons to Buy a Condo", U.S. News & World Report, September 2014)

Greg Rapp of Wallace Realty listed the 2-bedroom-2-bath condominium at 1100 RAVENWOOD COURT on April 1st, 2016.  By May 25th, this home in the Castlewood subdivision of Salisbury, North Carolina was under contract! 

Built in 1996, 1100 Ravenwood is a super- immaculate 1500+ square foot home, with new granite counter tops in a sunny, updated, eat-in kitchen that is equipped with loads of cabinet space, gleaming white, and streams natural sunlight.  The family cook is never separated from guests with that wonderful ability to look out into the dining/living room areas via the large architectural window-opening in the kitchen overlooking these areas.

The combination dining and living room is huge with vaulted ceiling.  The Master bedroom has a beautiful bay window and large private bathroom. 

Throughout the home there is ample closet space, including a small storage closet off the sunroom to the rear of the home.  The sunroom is heated and cooled and overlooks a grassy knoll.  A small rear patio off the back door is the perfect place for al fresco dining and outdoor entertaining. 

This home was in very nice condition, with lovely landscaping and fine entryway floors. Mature trees provide shade on sunny summer days.  Large open green spaces surround the complex.  

Condo living

Condos provide attractive lifestyle choices for many prospective buyers. They're especially popular for retirees who want to be able to socialize or take advantage of services at communities that cater specifically to seniors. Living in a condominium can also free you from some of the usual chores that go along with owning a house, such as yard and exterior maintenance.

If condo living is for you, 1100 Ravenwood Court is SOLD and off the market...but give Realtor®  Greg Rapp with Wallace Realty a call at (704) 213-6846, and tell him you'd like to see what else is on the market.  Greg knows properties in Salisbury/Rowan County like no other...let him show you your next home!

Greg Rapp 
Wallace Realty Co. 
704 213 6846 Mobile 
704 636 2021 Office 

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