Overview of Winston-Salem for Sight Seekers and Local Real Estate
Tucked away in the Forsyth County of North Carolina, you will find this quiet and peaceful town of Winston-Salem — the perfect haven for people looking to retire and settle down.
Considered the fifth most populous city in North Carolina, it offers something for everyone!
Tobacco Steeped Roots
As a result of the two individual towns, Winston and Salem, being close to each other, the US Post Office originally coined the name Winston-Salem in the 1880s.
The region is notorious for its rich history in tobacco trading, pioneered by the Reynolds Tobacco Company. The corporation still has a significant influence in the city’s business sector and continues to carry on its legacy that started in the early 1900s.
A Flavor from Each Continent
Despite still having strong Southern roots, Winston-Salem is a diverse and ethnically rich city, where you can experience how life would be like in a Metropolitan hub!
Especially if you are a food lover, this place is a heaven on earth for your taste buds! From Indian curries and African cuisines to European delicacies; there are mouth-watering dishes from all over the world.
You can take a stroll downtown and discover small family-owned stores, as well as finger-licking fine dining experiences.
Call to All Nature Lovers
If you enjoy spending time outdoors and discovering natural beauty, you would love life in Winston-Salem. You have the luxury to take advantage of multiple hiking trails and state parks, where you can work on becoming fit and healthy!
A Haven for Fitness Freaks
All the gym buffs will be excited to know that the city offers you multitudes of gyms and fitness centers. Additionally, you have the chance to avail classes for martial arts, kickboxing, and yoga. And the cherry on top is that a few fitness centers are open around the clock!
Real Estate Market in Winston-Salem
Winston-Salem is a place known for its diversity, plethora of parks, safe residential areas, and a decent school district. Thus, it is no surprise why many people flock to settle down in this part of North Carolina.
Moreover, Winston-Salem is highly regarded as a retirement city, so you already know it is a hot pick for most people to invest in real estate.
It roughly costs you around $134,000 to build a house in Winston; however, you also have the option to choose from multiple residential areas with pre-constructed homes.
If you are a homeowner, you can expect your property to sell rather rapidly, as the demand to settle in this area is relatively high.
The Bottom Line
Whether you are looking for a quiet getaway or looking to invest in real estate, the city of Winston-Salem proves to be a safe bet.
With the help Painless Home Buying, you can effortlessly sell your house. No hassle of tedious paperwork and back-and-forth negotiations with buyers. We will buy your home for cash!
Get in touch with us today for more information!
A Sampling of the Real Estate in Winston-Salem
We examine a few homes in Winston-Salem to give you a sense of the local real estate there.
Address: xxx Highland Glen Rd, Winston Salem, NC 27103
List Price: $280,000
Description: 3 bedrooms, 2 baths, 0.29 acres lot, 2,309 sqft
Comments: One and a half story house with brick exterior and separated two-car garage space. The main level master suite has hardwood flooring, and a tiled bathroom with a walk-in closet and vanity. Includes a screened-in back deck.
Considerations: Surrounded by densely covered trees of all types giving a beautiful backyard view, and lots of privacy. Charming location in a high value neighborhood. Highway is only a 5 minute drive away.
Address: xxx Glousman Rd, Winston Salem, NC 27104
List Price: $525,050
Description: 5 bedrooms, 5 baths, 0.59 acres lot, 5349 sqft
Comments: Massive house with concrete exterior painted white, with a small, stoned section. Open kitchen plan with multiple storage spaces. Has an arched driveway to park cars. Yard has landscape lights and irrigation system. Sloping and steep topography of yard, with rockery included.
Considerations: Special features of the house make it attractive to buyers. Thus, high flipping potential. Moreover, it has good schools nearby and all essential stores are close by,
Address: xxx Burkewood Dr, Winston Salem, NC 27104
List Price: $180,000
Description: 3 bedrooms, 2 baths, 0.45 acres lot, 2,262 sqft
Comments: It is quite an old house and therefore, does require some repairs in the flooring. It has long corridors and open lounges with a conventional touch. The bonus room can be turned into a bedroom or anything else.
Considerations: Picturesque neighborhood with beautiful trees all around. The neighborhood here are known to be friendly and welcoming. The prices have been relatively stable, thus very high return on flipping is not expected. However, there are plenty of rent opportunities.
Address: xxx Wyman Rd, Winston Salem, NC 27106
List Price: $193,000
Description: 3 bedrooms, 1½ baths, 0.2acres lot, 1,820sqft
Comments: Pale grey vinyl exterior with blue windowpanes and a classic red door. Flat front yard with an open back yard. The house is a single-story house with a pull down attic space for storage. No in-suite bathroom, just one big one in the hallway and a small powder room next to the entrance.
Considerations: The houses are close together in the neighborhood with average looking surroundings. Busy area with many shops and restaurants. Rents are affordable and house price will not rise higher than average of the area.
Address: xxx Cliffdale Dr, Winston Salem, NC 27104
List Price: $145,000
Description: 3 bedrooms, 2 baths, 0.3 acres lot, 1,560 sqft
Comments: The living room has its very own fireplace, and it includes an unfinished basement that you can be completed. It is an older home, so kitchen is very basic and could be remodeled. The front yard has a beautiful cherry blossom planted, and the back yard is fenced.
Considerations: Remodeling on kitchen can significantly increase the value of the home and prompt high returns on resale. The locality has various parks and shopping areas. Schools aren’t very far away with an elementary school being at walking distance.
Address: xxx Orlando St, Winston Salem, NC 27105
List Price: $87,000
Description: 3 bedrooms, 2 baths, 0.15 acres lot, 1,267 sqft
Comments: This is a small compact house for a single family. It does not have a lot of spacious rooms, but there are three bedrooms. The exterior is made of grey stone and white vinyl. It is quite an old construction. Therefore, plumbing system requires repair work. Only on-street parking.
Considerations: The house is surrounded by dense foliage, giving privacy between houses. Affordable neighborhood with home prices stable and cheap rents. Low potential for flipping but steady income if put up for rent.