East Durham, NC Real Estate
East Durham Real Estate: Rejuvenation Readies Old Neighborhood for the 21st Century
National recognition a welcomed boost for this historical neighborhood
In 2004, this neighborhood joined many other downtown Durham neighborhoods in acquiring national recognition as a Historic District. Since then, this new honor has allowed East Durham real estate to enjoy increased appreciation, and awareness of the history of this neighborhood. Being the largest historic district which contains the highest proportion of heritage buildings, the community is continuing its effort in preserving and restoring the old buildings in the neighborhood. Many consumers are attracted to these custom-built character homes and their potential as a renovation project. Indeed, restoration investments in a historic district are entitled to state and federal tax credits, another reason why consumer interests in East Durham real estate are ever-growing since the neighborhood’s accreditation.
Historically and architecturally distinct from neighboring districts, today East Durham real estate features giant hardwood trees that act as natural canopy for the cozy cottages and bungalows beneath. Some larger houses have been converted into multi-unit apartments, offering consumers a diverse range of housing options. The convenient location east of downtown makes life in this neighborhood remarkably easy, since all the amenities the city has to offer are just within walking distance. The eclectic restaurants, boutiques, museums and art galleries ensure that East Durham real estate owners are immersed in the rich culture atmosphere found in the city. There are also many community parks around the neighborhood, providing green spaces, wooded areas, softball fields, and other recreational facilities for the enjoyment of local residents.
A district that has experience somewhat difficult times due to slow rate of development and population outflow, today East Durham real estate has caught up to the next wave of developments in the city. Official recognition as a historic district is a well-timed boost to the revitalization of this neighborhood, attracting the attention of many consumers who may not have been aware of the historical significance before. Showhomes from 1920 era are still a common sight around the neighborhood, a testament to the vibrant past of this district; with rising awareness and increasing community effort, East Durham real estate is now posed to regain its grandeur in the near future.