So, with all that as background, it was nice to see several homes sell lately that were small, but well designed. Yes - Raleigh has shown that you don't have to have square footage to get a quality home with style. And if you're worried about fixing up that tiny home and not getting your money out of it, here are some examples of small homes that brought great prices:
Historic Oakwood - East St
This 1076 sq ft home has 3 bedrooms and 1 bath and just sold for $315,000 in 3 days.
Oakwood - Elm St - This 1262 sq ft home has 2 bedrooms, 1 bath, and just sold for $335,000 in 5 days.
This 1420 sq ft home has 2 bedrooms, 1 bath and just sold for $362,800
The Rose Cottage. This 1489 sq ft home with 2 beds, 2 baths, sold for $370,000 in just 2 weeks.
Location is clearly a factor, as all of these homes are within walking distance to something. The most important point here is not to get caught up in the price per square foot. So many people get lost in numbers and forget the value of what they are looking at in front of them. A well designed home lets you live the way you want in a more compact and BEAUTIFUL home. But having the numbers to back it up is also important, because it will encourage others to renovate smarter, not larger. And it's not just home owners that want to live this way. Check out my friend Nicole's new blog, Intentionally Small.