Real estate in Hillsborough North Carolina ranges from historic homes in the Hillsborough Historic District to new developments in the countryside. Historic Hillsborough is sometimes referred to as a museum without walls. The boundaries for Hillsborough were laid out in 1754, where the Great Indian Trading Path crossed the Eno River. You can visit the reconstructed Occaneechi village in the original riverside site within a block of the Orange County courthouse.

Listed on the National Register of Historic Places, the Hillsborough Historic District boasts more than 100 late 18th century and early 19th Century structures still standing. The residents appreciate the quaintness and friendliness of their small town, but also enjoy its fast, convenient access to other Triangle cities via Interstate 85 and Interstate 40. Hillsboro is only a 15 minute commute to Duke University and Duke Medical center to the east and about 15 to 20 minute commute to UNC and Chapel Hill to the south.

Vicky Olive of Piedmont Preferred Realty, Inc. is an independent real estate broker serving individuals who value expert representation in their search for a distinctive home and North Carolina lifestyle. Vicky will be pleased to introduce you to the Hillsborough and Orange County NC communities.

Energy Efficiency and Real Estate Resale Value study concludes: Homebuyers can profit by investing in energy efficient homes even if they do not know how long they might stay in their homes Important information whether your you are considering buying a home in Hillsborough NC, Chapel Hill NC, Carrboro NC or Jordan Lake NC.

Energy-efficient construction not only has the potential of creating a positive cash flow for the homeowner (lower monthly out-of-pocket expenses), but it can also increase the resale value of a house. The ten studies summarized here examined the resale value as a function of energy efficiency. In all the studies a positive relationship was found between energy efficiency and resale value.

Studies examined the relationship between the increase in resale value as a function of a one-dollar decrease in annual energy costs. The most significant of these studies, Nevin and Watson, found that the home resale value increase by about $20.00 for every one-dollar decrease in annual fuel costs. This increase in home value is an addition to the expected benefits of preferential financing and positive cash flow.

The implication for homebuyers is that they can profit by investing in energy efficient homes even if they do not know how long they might stay in their homes. If their reduction in monthly fuel bills exceeds the after-tax mortgage interest paid to finance energy efficiency investments, then they will enjoy positive case flow for as long as they live in their homes and can also expect to recover their investment in energy efficiency when they sell their homes.

Energy Efficiency and Real Estate Resale Value: Economic Analysis for Maine Residential Energy Standard May 2002