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Updated over 7 years ago on . Most recent reply

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Denise Deacon
0
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2
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Outer Banks, NC - Resale Advice Needed Before Build

Denise Deacon
Posted

Outer Banks of NC - Considering building a "family compound" that consists of a 1BR/1BA small main house approx 700 sf, attached to a 2 car+ garage w/large utility. Above garage would be another two separate 1BR/1BA studio living spaces of about 300 sf ea, both including kitchenettes. The property would also have a totally separate ADU consisting of 1BR/1BA approx 600 sf to include full kitchen. This configuration is to accommodate our new family dynamics of a divorcing couple sharing the property, and planning for teenage son who can't afford to buy/rent in our resort area (he can maintain privacy in one of the studios above garage, while the other studio serves as guest accommodations). Essentially, it would be four separate small 1BR/1BA units - two at 600ish sf with full kitchens, two at 300ish with kitchenettes. Before building, we are looking for input (especially from real estate agents)) as to how successful this configuration may be for resale down the road. Thx for any input!

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19
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9
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Ryan Garrott
  • Subcontractor, Investor, Property Manager
  • Kill Devil Hills, NC
9
Votes |
19
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Ryan Garrott
  • Subcontractor, Investor, Property Manager
  • Kill Devil Hills, NC
Replied

I think its a great idea! Here in the outer banks, as you know, there is a shortage of affordable housing. A set up like this would likely get snatched up quickly by an investor if you decided to sell. (Assuming it is priced right)

The most important thing is that you dont pay too much for the construction and to aquire the land (if you have not already done so.)

With the price of land and homes in our area lots of people are looking to maximize potential for income or in this case saving on expenses.

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