Capeside Village is a famous and blooming residential area located in Wilmington, North Carolina that is equipped with both suburban and metropolitan features. Residents can enjoy easy access to downtown Wilmington, which is known for its incredible historical sites, shopping centers, and coastal beaches. Capeside Village offers its residents beautifully designed homes alongside various amenities and essential services, making it a go-to place for families, working professionals, and retirees. In this blog, we will investigate the reasons why Capeside Village Wilmington, NC, is a great place for someone looking to enjoy life in a busy coastal city.
Unique Characteristics of Capeside Village, Wilmington, NC
Capeside Village is one of the sought-after neighborhoods in Wilmington due to its affordability, amenities, and community-focused living. These and other factors will be discussed in detail below.
Distance from Downtown Wilmington
The location of Capeside Village makes it easily accessible by car to the rest of Wilmington. Residents can conveniently enjoy access to the shops, restaurants, cultural sites, and electrifying nightlife of the city. Individuals who want to live within close distance to the city without the chaos of being in the city center often find this area most suitable.
Coastal Living
Capeside also allows for easy access to Wilmington’s surrounding beaches. Wrightsville Beach is known as one of the top beaches in North Carolina and is only a short drive away, making it super easy for residents to spend a day at the beach.
New Subdivisions and Economic Growth
The increase in residential construction and development of other infrastructures in Capeside Village has drastically increased over the past few years. This has given rise to property values, which is beneficial to both homeowners and investors.
Which Housing Options Are Available in Capeside Village Wilmington, NC?
Capeside Village in Wilmington, NC, has different types of houses that can accommodate various lifestyles and budgetary requirements. From single-family homes to apartment-style townhouses, there is something for everyone. Here’s a closer look at the housing landscape in the neighborhood:
Detached Houses
Dwellings come in larger lots that offer well-manicured lawns and swimming pools. Most of these units have single-family homes that tower between 1,800 and 3,000 square feet in size. Capeside Village is integrated with single-family homes that come with spacious storage systems, modernized kitchens, and contemporary floor layouts. Families can appreciate upgraded single-unit detached homes that come with larger yards and amenities to suit their purposes.
Apartments, Townhouses, and Duplexes
Apartments and duplexes are integrated into the Capeside Village boundary to add a low-maintenance housing option for families during cost crunches. Homes in this category usually feature low-cost modern amenities.
Newly Built Homes with Updated Styles and Smart Technology
A changing pattern that can be observed in Capeside Village is the increase in younger home buyers and smart, energy-efficient apartment construction. This village can be the perfect fit for newly starting families and young professionals. The older, less contemporary-looking homes can be renovated using the recently developed contemporary architectural methodologies, which makes the area appealing.
Real Estate Data
- Average Home Price (2023): $350,000 – $450,000
- Average Price per Square Foot: $145 – $160
- Year-Over-Year Property Value Increase: 6.5%
Key Amenities and Facilities in Capeside Village Wilmington, NC
Capeside Village offers a variety of amenities that contribute to its reputation as a desirable place to live. These amenities make the neighborhood a great option for families, retirees, and anyone looking for a convenient lifestyle in Wilmington.
Parks and Recreation
- Capeside Park: This centrally located park is a family favorite, featuring walking trails, playgrounds, and picnic areas. It’s a great space for outdoor activities such as jogging, biking, and} relaxing with family.
- Green Spaces: Many homes in Capeside Village are surrounded by lush greenery, contributing to the peaceful ambiance of the area.
Schools and Educational Institutions
Capeside Village is located in the New Hanover County School District, which is known for its high-quality education. The area is home to several top-rated schools, including:
- Capeside Elementary School
- Ashley High School
The proximity to excellent educational facilities makes Capeside Village a popular choice for families with school-age children.
Shopping and Eating
The residents of Capeside Village have the convenience of easily accessing Wilmington’s shopping and dining areas. The Mayfaire Town Center skeleton shopping center is one of the most frequently visited because it has numerous shops and restaurant chains as well as places for entertainment. The rest of downtown Wilmington offers shopping and dining in unique boutiques, which is ideal for spending the weekends.
Is Capeside Village Wilmington, NC, a Good Place for Families?
Capeside Village does make for a good family neighborhood for they have a safe and warm environment along with various family features.
Safe and Secure Neighborhood
Capeside Village has a low crime rate, making it one of the safest neighborhoods in Wilmington. Families can rest assured that their children can play outside, along with having a great sense of community in the area.
Family-Oriented Activities
Capeside Village has amenities and activities perfect for families, such as parks, playgrounds, and community-based events. Residents are very active and engage in family-oriented programs such as neighborhood picnics, Halloween parties, and Christmas parties.
Accessibility to Hospitals and Other Healthcare Services
For families with young children or elderly members, access to healthcare facilities is necessary. Wilmington has quality healthcare resources, such as the New Hanover Regional Medical Center, which is only a few minute’s drive from Capeside Village.
What Are The Means of Transport in Capeside Village Wilmington, NC?
Transportation in Wilmington is easy and accessible right from Capeside Village, owing to the neighborhood’s location. Residents can use various means of transport ranging from buses to personal cars.
Public Transport
- Wilmington Transit: Local buses subsidized by the city operate out of Capeside Village and provide service to the downtown as well as the beach area.
- Taxi and Ride-Hailing Services: Residents in need of urgent travel can book Uber and Lyft, which are both very popular in Wilmington.
Access By Car
Caperside Village is not far from College Road and Market Street. Therefore, residents can use their cars to reach the main roads quickly. The teenage driving age minimum in North Carolina is also reasonable, set at 16. The neighborhood is roughly a 10-minute drive to Wilmington International Airport, making it ideal for regional, national, or international travel.
Cost of Living in Capeside Village Wilmington, NC
Notably, Wilmington boasts a lower overall cost of living when compared with other coastal cities in the United States, which is one of the reasons why it is famously desired by many. The area of Capeside Village has a cost of living that is lower than some of the more sought-after areas of Wilmington, making it appealing to potential homebuyers who want to live within proximity to the coast.
Housing Costs
As noted previously, the average home price in Capeside Village is between $350,000 and $450,000, which is in a much more affordable range than many other Wilmington neighborhoods. There are also options to buy, with Capeside, Nadia, mercer and Carson apartments available for rent at prices ranging from $1,200 to $18,00 per month.
Utilities and General Expenses
- Utilities: Utility bills in Wilmington are set at the state average. Electric, water, and garbage services collectively cost between 150 and 250 dollars per month on average.
- Groceries and Dining: Just like utilities, groceries and dining out prices are competitively lower in Cape Village than in other coastal cities, making it highly desirable for residents, especially seniors and big families.
Projections for Capeside Village Wilmington, NC
The future of Capeside Village Wilmington, NC, is very promising. With Wilmington’s growing popularity, there will likely be a greater supply of housing in the region. Relatively, the Capeside Village area features amenities such as restaurants and parks, which makes it very family-oriented, meaning property value will continue to increase. Because of this, Capeside Village remains a good area to invest in for both families and investors.
Real estate developments
The Wilmington real estate market is projecting positive progression, and so is Capeside Village. Its real estate value has been increasing, which makes it an attractive option for both potential homeowners and real estate investors.
Investment in Capeside Village’s infrastructure and facilities
Local authorities continue to work and develop Wilmington’s framework by advancing its roads, schools, and even recreational places. All of which positively add to the overall attractiveness of Capeside Village.
What Are the Places of Interest Near Capeside Village Wilmington, NC?
People living at Capeside Village Wilmington, NC, are never short of places to visit. The city of Wilmington is a lively one and has a host of local attractions that appeal to everyone from history enthusiasts and nature admirers to thrill seekers. Below are some of the top places that enhance the quality of life in Capeside Village.
Historic Downtown Wilmington
Just a quarter of an hour’s drive from Capeside Village brings you to the historic downtown Wilmington, which is one place every local and visitor has to check out. The district is famous for its cobblestone walkways as well as Victorian buildings, and it is filled with many cottages, art studios, and restaurants. The Cape Fear Riverwalk offers an incredible view of the river, which is a perfect place for a scenic walk or eating by the river.
Wrightsville Beach
For beach lovers, Wrightsville Beach is a short distance away, where people can enjoy soft sand, warm waters, and numerous activities. Residents can swim, surf, kayak, or enjoy the sun on the beach. Many restaurants and stores are also located near the beach, making it an ideal spot for a nice getaway.
Airlie Gardens
Undiscovered by most, Airlie Gardens is an ideal spot for relaxation and offers over 67 acres of scenic trails, pods, and gardens. This public garden, only a short drive from Capeside Village, is a serene place to escape to. The garden aims to promote many kinds of flora, such as azaleas, magnolias, and camellias, allowing breathtaking opportunities for strolls, photography, and even bird-watching.
The North Carolina Aquarium at Fort Fisher
The North Carolina Aquarium at Fort Fisher offers a great, fun, and educational experience for families that have children or are simply interested in marine animals. It is a short drive away from Capeside village and has an interactive view through the Atlantic Ocean, featuring a host of marine life like sea turtles, sharks, and even sea turtles.
Wilmington Railroad Museum
The Wilmington Railroad Museum offers a unique perspective of the railroad history and serves as an attraction for those who are fascinated by local history. This small museum houses many exhibits related to the history of railroads in the Wilmington area, including vintage locomotives and a model train exhibition, capturing the city’s significance as a vital transportation hub.
Capeside Village Wilmington NC – Emphasis on Community Building.
When Capeside Village Wilmington, NC, is considered a potential place of residence, its community strength is a decisive factor. There is a friendly environment in Capeside Village Wilmington, NC, that is manifested in the wide range of events and activities that the village hosts throughout the year.
Neighborhood Activities
Capeside Village hosts a variety of neighborhood events that promote resident engagement. Specific events include holiday parties, community picnics and potlucks, sports leagues, and charity fundraisers. Residents at Capeside Village relate with each other in a manner that enhances the community feel of the village, and neighbors look after one another.
Local Voluntary Activities
Like most neighborhoods, giving back to the community is regarded as important in the village, and citizens can participate in multiple activities including beach cleanups and work volunteering at local schools and nonprofits, consequently unifying Capeside Village.
A Pet-Friendly Neighborhood
Families and residents with children in Capaside Village are allowed pets. The surrounding parks and green areas are also good for dog walking. The attitude towards pets within the community is quite positive. Such a pet-friendly attitude within the village enables Capaside to be a welcoming place that pets and their owners can enjoy.
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Capeside Village Wilmington NC Investment Opportunity In Real Estate
The growth of real estate investment in Wilmington is evident, especially in Capeside Village. This makes Capeside Village a perfect spot for prospective investors due to the long-term appreciation of the properties and steady rental inflow.
Escalation In Popularity
With Wilmington becoming a popular relocation destination, the supply of capeside real estate continues to grow. In addition, the neighborhood’s beach, great schools, and lively downtown greatly increase its desirability. As a result of this growth, property values are increasing which provides appreciation in investments for homeowners and investors in the area.
Vacation Rental Investor Market
Capeside is also becoming a tourist magnet which increases the potential for vacation rentals through platforms like Airbnb, increasing the investment opportunity. The particular area of Capeside Village, which is near the beach and the downtown area, is ideal for this type of investment. Investors have a good opportunity to purchase houses and rent them out to tourists visiting Wilmington.
Market Trends and Data
- Rental Yield (2023): 6% – 8%
- Property Value Appreciation (5-Year Average): 4% annually
- Vacancy Rate for Rental Properties: 5% (indicative of a strong demand for rental homes)
The positive figures reflect the real estate prospects of Capeside Village Wilmington, NC. Investors and home buyers can expect continued appreciation in property value, while the rental market remains very strong, making this area a great investment.
FAQs
What is the average home price in Capeside Village Wilmington, NC?
The prevailing average home price in Capeside Village Wilmington, NC, is between $350,000 to $500,000; this often shifts based on the property condition and size. Aside from single-family homes, the neighborhood has townhouses available, catering to a range of budgets.
Is Capeside Village a family-friendly neighborhood?
Capeside Village is quite family friendly, indeed. With good schools, set up parks and a safe neighborhood to live in, it makes for an ideal location for families. The community is very active and hosts several events for families like picnics and school events.
How far is Capeside Village from the beach?
Capeside Village is a few miles from Wilmington’s favored coastal gem, Wrightsville Beach. Residents can hop in their vehicles and drive to the beach in 15-20 minutes, making the trip convenient for those who love the ocean.
Are there any recreational facilities near Capeside Village?
Indeed. Capeside Village is located close to various recreational facilities such as Airlie Gardens and Wrightsville Beach Park. There are also several walking paths and parks in the area for outdoor activity lovers.
Is Capeside Village a good place for real estate investment?
Yes, Capeside Village is a strong area for real estate investment. With its rising fame, property values in the neighborhood have been consistently appreciated. It’s also a desirable location for both long-term residents and short-term vacation renters, making it a great option for investors hoping for rental income.
Conclusion: Why Capeside Village Wilmington, NC Is the Most Suitable Place to Live
Capeside Village Wilmington, NC, has a blend of comfort and community that attracts many homebuyers. The neighborhood’s strategic location along Downtown Wilmington, the coastal region, family-friendly amenities, and affordable housing options make it a very desirable locality. Whether you are a first-time buyer, a growing family, or an investor, Capeside Village amenities are suitable for everyone.
With good growth prospects, awareness about neighborhood amenities, and quality education, Capeside Village is the most attractive Wilmington, NC, neighborhood for those looking to relocate to the coastal city.
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