Mebane on a Million-Dollar Budget

301 S. 5th Street, for sale at $1 million

Mebane has been discovered. The small Alamance County town has become one of the hottest real-estate markets in the region as the Triangle’s sprawl pushes homebuyers west. A good indication of Mebane’s popularity is the number of million-dollar historic properties for sale. That number is currently three, which may not seem like a lot, but Mebane is still a pretty small place. And not too long ago, it wasn’t a very promising place to sell a million-dollar house.

Here are Mebane’s current million-dollar listings. Two are in the Old South Mebane Historic District; the other is outlying a bit from town and comes with 52 acres. As it happens, all were owned by notable figures in Mebane’s industrial and government history. And if what you’re looking for is a $3 million mansion on 29 acres with marble floors and intricate wall moldings that “set the stage for opulence,” keep going for one more listing that was withdrawn earlier this year after just four months. They shouldn’t have given up so quickly. Opulence is becoming a hot item in Mebane.

Continue reading “Mebane on a Million-Dollar Budget”

Today’s Special: Historic Homes Under $200,000

I’m not sure what the cutoff is for “affordable” these days when it comes to buying a home. What I do know is that older homes are becoming more unaffordable every day, like every other sort of home. So it caught my eye when a little group of at least relatively affordable homes popped up this week. They’ll probably sell quickly — one already has, in a single day — but their appearance on the market does confirm that such houses exist.

None of these appear to require major restoration work. They’re all essentially move-in ready, as far as one can judge from the listings. They’re mostly smaller places in smaller towns. For the moment, at least, these look like the best opportunities for buyers looking for affordable historic homes in the Piedmont Triad.

Continue reading “Today’s Special: Historic Homes Under $200,000”