If you're wondering if luxury homes on a bargain exist in Winston-Salem, NC, you'll be happy to know they do. Indeed, according to the New York Post, the prices of the 5% most expensive listings in the city haven't changed that much from April 2020 to April 2024 ($938,888+ vs. $998,450+), showing only a 6% increase.
So, to get more bang for your buck when investing in a top-class home, Winston-Salem luxury properties are a good place to start.
The real estate experts at PMI of the Triad will share insights into this town's luxury real estate market, so read on.
Why Winston-Salem Is an Ideal Location for High-Quality Living
One primary reason luxury homes aren't as expensive in Winston-Salem as in many other places in the U.S. is the low cost of living. According to Livability.com, Twin City's cost of living is lower than other NC metro areas (e.g., Charlotte and Raleigh) and is just 81% of the U.S. average.
But that's not all; Winston-Salem offers many other perks that draw in households of varying characteristics, such as:
- High-quality education
- Numerous business openings
- Family-oriented living
- Incredible dining, shopping, and recreation
- A robust job market
So, whether you set roots in Winston-Salem in your luxury home or rent your property to tenants, it's an incredible place to live, work, raise a family, and even retire.
Why Choose Luxury Homes in Winston-Salem?
High-end homes in Winston-Salem are not just buildings but statements of style. They allow owners to immerse themselves in a community that values history and contemporary living. Features that cater to every need are the backbone of each luxury real estate property, including:
- Spacious layouts with high-end finishes
- Custom kitchens with state-of-the-art appliances
- Beautiful outdoor spaces for entertainment
- Proximity to fine dining, shopping, and cultural amenities
- Exclusive communities with access to private amenities
Such characteristics provide 5-star experiences of luxury living in NC now and make for a solid investment for the future, as property values appreciate.
The Role of Full-Service Property Management
Owning a luxury home in Winston-Salem can be an exhilarating experience, but it can also come with challenges, including maintenance and security. For this reason, it pays to consider investing in full-service property management, which can:
- Ensure your properties remain secure and in top shape
- Allow you to earn passive income by renting out your property
- Manage financial aspects, including expense tracking and tenant rent collection
- Create responsive communication channels between all parties involved
The above services are crucial for maintaining the value and prestige of your luxury home, allowing you to enjoy your residence without the daily stresses of management.
Ready for Luxury Living in Winston-Salem?
Luxury homes in Winston-Salem, NC, are the epitome of class and elegance, but unlike other real estate markets where only the top 1% can enjoy them, they're easier to afford than you could have imagined.
So, if you're ready to explore luxury living in Twin City, consider partnering with PMI of the Triad, our full-service property management firm. Our real estate brokerage services, local expertise, and state-of-the-art technology give you access to exclusive listings in Winston-Salem. Our company is locally owned and operated but also a proud member of PMI, one of the fastest-growing property management franchisors in the U.S., with over 20 years of industry experience.
Contact us today for a free consultation!
