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Affordable Homes in Monroe: $250K to $300K Price Range (Week of Nov 30)

11/30/2024

Categories: Affordable HousingMonroe Real Estate

Affordable Homes in Monroe: $250K to $300K Price Range (Week of Nov 30)

This week, we’re turning the spotlight to Monroe, North Carolina, a vibrant area with excellent options for buyers seeking homes between $250,000 and $300,000. Whether you're a first-time buyer, an investor, or looking for a family home, these properties are worth exploring.

Featured Homes

1. Topaz Plan, Braemar Village - New Construction

Price: $284,900
Features: 3 bedrooms, 3 bathrooms, 1,400 sq. ft.
Details: This newly constructed home boasts modern features, energy-efficient appliances, and a functional layout for growing families.
Neighborhood: Braemar Village is a newly developed community with easy access to Monroe's shopping, dining, and schools.
Brokerage: Meritage Homes.

2. 1024 S Parker St, Monroe, NC 28112

Price: $269,900
Features: 2 bedrooms, 1 bathroom, 918 sq. ft.
Details: This cozy property is perfect for first-time buyers or downsizers, featuring a spacious yard and updated finishes.
Neighborhood: Located in South Monroe, this home offers close proximity to parks, local restaurants, and historic downtown Monroe.
Brokerage: Carolina Regroup of Union Cty.

3. 3524 Wolfe Rd, Monroe, NC 28110

Price: $300,000
Features: 3 bedrooms, 1 bathroom, 1,452 sq. ft.
Details: A full-brick ranch with classic appeal, this home offers a large lot, updated interior, and plenty of space for entertaining.
Neighborhood: Found in East Monroe, this property is close to schools, shopping centers, and major highways.
Brokerage: Keller Williams Connected.

4. 708 Summit St, Monroe, NC 28112

Price: $299,900
Features: 3 bedrooms, 2 bathrooms, 1,200 sq. ft.
Details: A new construction home with natural light, open spaces, and modern finishes throughout.
Neighborhood: Summit St is located in the heart of Monroe, offering quick access to local amenities and downtown attractions.
Brokerage: Real Broker, LLC.

Mortgage Estimates

Assuming a 30-year fixed-rate mortgage with a 6.5% interest rate and a 10% down payment:

  • $300,000 Home: $1,897/month
  • $299,900 Home: $1,890/month
  • $284,900 Home: $1,798/month
  • $269,900 Home: $1,706/month

*Note: These estimates include principal and interest but exclude taxes, insurance, and HOA fees.*

Considering Selling or Buying a Home?

If you're considering selling your home, RobinOffer provides a quick and hassle-free cash offer service. For buyers, HomeSweetHomeCLT offers expert advice and resources to help you find your dream home. Stay connected with their updates on Instagram.

Monroe is a charming and fast-growing market with homes that cater to a variety of needs and preferences. Stay tuned for more weekly updates featuring the best properties in the area!