Buying a Home in Corolla, North Carolina
When looking to buy a home in Corolla or the 4wd beaches, there are several items to consider. Initially you need to determine your budget. Determining your budget allows you to not waste time on homes, that may not be in your price range. If you prefer to use someone local, we have several local lenders that will be happy to give you interest rates, percentage for down payments, monthly payments and discuss your options of having a second home versus a rental home loan.
Once you determined your budget, you need to decide how you will want to use the home. Is this purchase strictly an investment or will you be taking a few weeks a year to vacation and enjoy the beauty of Corolla? Will this be a second home that you can escape to? Often we find most people are looking to find a happy medium, renting the home out during some of the season, to defray some home ownership costs but still keeping the schedule open and flexible.
You want to think about location. Most people have a favorite community or part of Corolla, and will only want to search for property within that area. There is a big difference between Corolla soundside homes, those west of Highway12 and oceanside homes. The rental income will usually be higher the closer you are to the ocean. (Rentals often tend to book from east to west.) Our team can show you the differences in homes and neighborhoods for these two sections of Corolla.
For any property that is for sale, we will walk through the steps of obtaining insurance costs, property taxes, utility costs, and any other relevant information, for each individual property so that you will know exactly what expenses you can project. Our team will also show you net income from rentals versus the “advertised gross rents” that you will see posted on listings.
Finally, our team will go over the advantages of the inspection process from home and pest inspections to elevator or septic inspections which are becoming more important. Our team will ensure all these steps will be taken. Corolla homes are becoming very attainable with the decline in prices and the continued low interest rates.
Once you decide what type of property you want, we can keep you posted on new listings as they come on the market and preview them for you.
Corolla, NC Homes for Sale
369 Search Results Found. Showing Results 1 - 30.
MLS# 66552
MLS# 63669
MLS# 64650
MLS# 66071
MLS# 63680
MLS# 64591
MLS# 65707
MLS# 66747
MLS# 66940
MLS# 58643
MLS# 67566
MLS# 64597
MLS# 66514
MLS# 58513
MLS# 56335
MLS# 67254
MLS# 66814
MLS# 65599
MLS# 65010
MLS# 64519
MLS# 63689
MLS# 63470
MLS# 65301
MLS# 65448
MLS# 66470
MLS# 67697
MLS# 66186
MLS# 64333
MLS# 63562
MLS# 67652
The data relating to real estate for sale on this Web Site comes in part from the IDX Program of the Outer Banks Association of REALTORS® Multiple Listing Service. © Copyright 2010.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The that data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability.
The MLS IDX information on this web site is being provided to you by the Outer Banks Association of REALTORS® for general informational purposes only. Contact your real estate broker or sales person for the most up to date information regarding these listings. Real estate listings include the name of the brokerage firms and listing agents. THE OUTER BANKS ASSOCIATION OF REALTORS® AND COLDWELL BANKER SEASIDE REALTY DOES NOT GUARANTEE THE ACCURACY OF THIS MLS IDX INFORMATION DISPLAYED ON THESE WEBSITE PAGES. THE OUTER BANKS ASSOCIATION OF REALTORS® AND COLDWELL BANKER SEASIDE REALTY CAN NOT BE HELD LIABLE FOR ANY DAMAGES OF ANY KIND RESULTING FROM THE INACCURACY OF THE MLS IDX INFORMATION. All MLS IDX information is owned by the Outer Banks Association of REALTORS® and any repackaging or other use of this information is strictly prohibited. The Outer Banks Association of REALTORS® reserves the right to terminate your access to this information at any time. By submitting this search form, and or using this websites features, you agree to these terms.
IDX data last updated at September 3rd, 2010 at 7:02pm
Corolla Sold Homes Year by Year
| Year | # of Sold Homes | Avg. Listing Price | Avg. Sold Price | Avg Days on the Market |
| 2005 | 317 | $958,269 | $928,490 | 141 |
| 2006 | 134 | $931,606 | $882,043 | 167 |
| 2007 | 118 | $884,518 | $824,829 | 194 |
| 2008 | 119 | $819,628 | $746,503 | 228 |
| 2009 | 125 | $715,171 | $652,905 | 249 |