Lake Lure
Real Estate
Buncombe affordable housing projects could cost $79M, raising questions about funding
ASHEVILLE - The Buncombe County Affordable Housing Subcommittee reviewed six applications seeking $21 million in affordable housing construction loans and grants during its April 16 meeting. The projects come as the subcommittee could soon consider funding for two major Buncombe County affordable housing projects in the 2025 fiscal year, said Community Development Division Manager Matthew Cable. ...
Buncombe, Asheville property transfers for March 14-15
329 Hi Alta Ave., $380,000, John H Fennell to Andrea Nicole Elliott. 26 Oak Crescent Drive, $510,000, Pamela D Israel and Rometta B Dean to Luke B Haynes. 37 Hiawassee St., Unit W305, $278,000, Anne Dillon Zetterberg Trust to Belva Adelle Dopp. 6.82 acres on Rice Branch Road, $250,000, Sjaj...
Higher property value? Taxes? What to know about Asheville-Buncombe reappraisal 2025
ASHEVILLE - As the county looks to hire more staff dedicated to Buncombe County property tax assessments, the assessment office is also ramping up to reappraise the county's homes and properties after a recent steep rise in real estate prices. Between 2021 and 2023 in Buncombe County, the median home...
Buncombe, Asheville property transfers for March 7-13
14 Crockett Ave., $470,000, Joseph P Barker and Christopher H Nelson to Spencer Karges. 732 Fairview Road, $344,000, Michael Armstrong to Yasmin Amina Stoss. 126 Appalachian Way, $390,000, Louise S Pace (le) Vernon Pace (le) to Megan E Steward. 323 Broadway St., $2,100,000, 323 Broadway LLC to RCG 323 Broadway...
Asheville affordable housing project with 645 units moves forward; City Council to vote
ASHEVILLE - As Asheville's metro faces some of the highest fair market rent in the southeast, the area also faces a several thousand-unit housing shortage — a problem Buncombe County is trying to solve, whether it be through short-term rental regulations or encouraging housing developments, county officials are looking to solve it.
Asheville area mansion owners could face higher taxes; changes in local tax assessment
ASHEVILLE - Following changes in one county government department, homeowners in the burgeoning local mansion market could find themselves paying property taxes that are higher − and fairer, according to advocates of reforming county tax assessment. Those changes in the way Buncombe County assesses the value of homes for...
Buncombe, Asheville property transfers for Feb. 17-21
27 Persimmon Lane, $530,500, Michael W. Brown to James Warren Holly. 9 Friendly Hollow, $303,000, Jake G. Revis to Mason L. Rhodes. 11 Stonebridge Drive, $510,000, Laura Heather Yurgeles to Steven D. Donahue. 127 N Griffing Blvd., $1,500,000, MGG Revocable Trust to Gregory M. Koufacos. 52 Harnett St., $60,000, Real...
Asheville's highest priced home sales of early 2024: Historical home, dog tunnel and more
ASHEVILLE - Last year saw some of the highest priced home sales in Buncombe County history, where realtors sold two record-setting $9.6 million and $7 million homes, amid high inventory for the mountain-top mansions. In January 2024, homes featuring historic details or a "four-by-four dog tunnel" were among those selling...
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