July 2018

Summer 2018 Real Estate Report

We’re now in the full swing of summer and the Asheville and Buncombe County markets continue to be challenged by limited inventory. New listings and number of sales are down, which is pushing prices higher. We don’t foresee the limited inventory being alleviated any time soon as interest rates and prices continue to climb. Properties that are well-priced in sought-after neighborhoods are experiencing multiple offer situations and are under contract within hours in some cases. The key here is pricing. Buyers don’t want to pay top dollar and won’t make offers on overpriced homes. Therefore, it’s critical to find the sweet spot so that a property won’t sit on the market and become stigmatized. Having a good Broker who understands the market has never been more important for buyers and sellers. Real estate is highly local, especially so in Asheville, which is unique in its own ways. For more insight into our markets or for buying and selling inquiries please don’t hesitate to reach out!

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Best Places to Run in Asheville

Coming to Asheville and want to get a run in? You’re in luck because our area offers many outstanding options. Whether it’s road or trail, a gentle jog along the river, or a soul-crushing hill climb, we’ve compiled together some of the best places to run in Asheville.

Mountains-to-Sea Trail Marker

Up for an easy trail run and staying in downtown or Biltmore Village?  There are several popular areas within 15 minutes of these areas. The Blue Ridge Parkway (BRP) bisects Asheville from the Southwest to the Northeast and has three access points: by the North Carolina Arboretum, Hwy 25 South of Biltmore Village, and at Hwy 74-A. The Mountains-to-Sea Trail runs mostly parallel to the parkway throughout Asheville and crosses it in multiple locations.  As you drive down the BRP you’ll notice well-worn spots off the road and typically a few cars at these where runners and hikers are hopping on the trail. Go either direction and run as far as you feel. The trail is marked with a white blaze so it’s easy to follow, even when it crosses the BRP, which it does frequently.

Another convenient trail running spot is the Bent Creek Experimental Forest located near the NC Arboretum and Asheville Outlets. Bent Creek has a mix of forest service roads and single-track. As you drive down Bent Creek Gap Rd. you’ll pass an information kiosk and Rice Pinnacle parking. Stay straight and park at the Hardtimes lot, the only one on the left, or continue up the gravel road to the right to access Ledford parking. We recommend these two areas because they have bathrooms and put you closer to the heart of the trails. Both have a trail map which allows you to plan a route. Trail junctions and roads are well-marked, but there are many “poach” trails, which are not. Stay on the main trails and you probably won’t get lost.  A popular loop is to run downhill from the Hardtimes parking lot, turn right at the creek and then take your first left (by the concrete bridge) to go up South Ridge Rd. This is a gravel road, closed to vehicle traffic, that steps its way up the ridge before making a long, sustained descent. At your first major junction, about 1.3 miles from the parking lot, stay right and go around the gate to continue on South Ridge. If you stay on South Ridge for about four miles you will connect back to Bent Creek Gap Rd (FS 479) at a gate. Turn right on FS479 and you are about three miles from the parking lot. Total elevation gain for this 10 mile run is approximately 1,200’.

Be sure to head out with your trail guide.

Whether you are running Bent Creek, or another off-road destination like DuPont State Park or Pisgah National Forest, pick up one of the excellent WNC Trail Guides from Pisgah Map Company. These are sold at any area bike shop or outfitter. Locals are happy to point you in the right direction but venturing into our forests without a map is dangerous.

If a paved run is more your thing there are dozens of interesting routes around, but one of our favorites is the out-and-back which begins at Carrier Park. Run Southwest from the parking lot and you will cross through an RV campground and then hit a nice asphalt greenway which takes you along the French Broad River. Remember, don’t get concerned you are heading in the wrong direction. Yes, you’re going upstream and southwest; the French Broad is one of the few rivers in the world which actually flows north. Follow this flat path to its end a couple of miles up the river and turn around. You’ll pass back through the parking lot and if you want to go longer. On a training plan and need to get in speed work? The most dependable place with markers is the loop road at the Asheville Outlets. If you start at the stop sign between the Waffle House and Tesla charging station and run clockwise around the mall you’ll see markers every 100 meters. They need to be painted again, but it’s easy to make out the 200s, 400s, and 800s. The entire loop around the property is just a tick over one mile. It’s not as flat as a high school track, but around here there’s nothing level.

Enjoy your runs in Asheville and let us know if you need any specific recommendations. We are here for all of your needs, whether it’s real estate, restaurants, or outdoor recreation!

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Neighborhood Spotlight – Biltmore Lake

Biltmore Lake is a scenic and active community centered around a 62-acre mountain lake and surrounded by lush forest. It’s located about a 15 minute-drive from Asheville. For new residents hoping to break into the neighborhood there are opportunities for resale and new construction.

Photo courtesy of Biltmore Lake.

Life is centered around the lake and residents play, fish, and swim there instead of a pool. Biltmore Lake staff performs a weekly water test and is committed to keeping the lake environment clean and healthy. A separate area is roped off for swimming, and there is a swimming platform located offshore for sunbathing and resting. Residents enjoy a sense of privacy, but also have the option of gathering with kindred spirits to participate in the ongoing social and recreational activities on the community calendar.

Photo courtesy of Biltmore Lake.

There’s no shortage of social activities at Biltmore Lake and new residents need not worry about finding camaraderie. Meet a friend in the Biltmore Lake Clubhouse, where you’ll find complimentary coffee and an exchange library, go for a run or take a hike on one of the beautiful trails. Game lovers will find Canasta, Bridge, Mahjong, and Bunco groups that meet regularly. If you enjoy swimming, Pickleball, tennis, or basketball you’ll be right at home. Music lovers will appreciate the weekly Summer concert series in the park-like setting by the lake. Residents can enjoy topnotch musical performances without the hassle of driving and parking somewhere else. Nearby golf courses beckon, although they are located outside the community. There is also a U.S. Post Office located in the community.

When you’re feeling playful, jog over to one of the tennis courts for a few rounds, shoot a basket, take the kids to the playground, or get out on the water. Boating on the natural lake is easy. There is a well-stocked boathouse with a fleet of kayaks, canoes, paddle boats and sailboats, and rental of boats is included in the HOA. Step into a paddle boat and “cycle” around the lake or take the sailboat onto the blue water. The views from the water are stunning.

Photo courtesy of Biltmore Lake.

In the mood for something more low-key? Park along Lake Drive and stroll down to the waterfront where you’ll find a lovely park complete with a clean sandy beach, picnic tables and a firepit, walking and cycling trails, and comfortable benches are arranged for conversing or just kicking back in the shade. Or you can take a drive in search of waterfalls to explore, or go for a morning hike on a trailhead, and still have time to return home for a refreshing swim in the lake after lunch.

Biltmore Lake offers a high quality of life, natural beauty, and an environment that supports fun and healthy activities to share with friends and family. Take it from someone who recently relocated to the community:

“I was very apprehensive at first, moving to a new community,” says one resident. “I moved here from New York, and didn’t know a soul.” When asked how she likes it now, three years later, she assures me she’s never been happier. While she stays in touch with dear friends, she’s made a whole new passel of friends, and never once looked back. “This is the best community, and I absolutely love it here,” she adds.

Written by Suzanne Arthur, Broker, REALTOR. Connect with Suzanne at [email protected] to see how she can make selling your home easier for you. To keep up with all of Asheville’s local happenings follow @suzannearthur_realtor on Instagram and check out her website suzannearthurrealtor.com.

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Featured Agent Pete Anderson

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