If you have a family, it can be challenging to find affordable housing – especially in the Durham, NC area. The cost of living is fairly high in this part of the country, making it difficult for the average family to afford a comfortable place to live. Luckily, there are some ways that you can lower your housing costs.
One option is to look for a fixer-upper. Buying a home that needs a little bit of cosmetic work is a great way to save money. Typically, these properties sit on the market for quite a while before they find a buyer, simply because they aren’t as attractive as some of the other homes that are out there. With a little bit of elbow grease, however, you can make them look fresh and modern. That means that you can get a great deal on a house that you can fix up and make your own.
This is a particularly good option if you are handy with tools and good at DIY projects. Just make sure that you don’t get in over your head. Some properties require too much work to make them a good investment.
Another option is to live full-time in an RV. Today’s RVs are extremely nice – many of them rivaling modern homes in terms of the amenities that they have available. A fifth-wheel trailer or a large class A motorhome usually will have plenty of room for a small family – especially if you are willing to downsize your belongings. You can park your RV in an RV park for a relatively low monthly payment, making this an affordable way to live.
These are a couple of affordable Durham, NC housing options for families. You can also look into low-cost apartments or consider buying a condo if you are looking for an inexpensive place to live.