Real Estate in Outer Banks
Hugh "Scooter" Willey

Frisco Real Estate Analysis

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About Frisco, North Carolina

Approximate Location Boundaries: This is a small unincorporated community located on Hatteras Island (part of the Outer Banks)  between the villages of Buxton and Hatteras.

Zip Code: 27936

Location Characteristics: Frisco is approximately six miles long and it has one main highway (NC Hwy 12) entering and exiting. Even in the peak of the tourism season traffic is never a real problem here.

With plenty of tackle shops, restaurants, motels and unique bed & breakfasts available, Frisco makes a very inviting place to enjoy your favorite outdoor activities. The Billy Mitchell Airport is located in Frisco and was named after former United States Army General Billy Mitchell. Across the street from the small, local airfield is the Frisco Native American Museum. The proximity of Frisco to great surf fishing and charter boat docks makes it an ideal spot to enjoy with your family.

There are numerous tucked away cottages that are nestled in the trees and dunes of the Frisco community.

Real Estate Market Snapshot: The Frisco real estate market has been a buyer’s market for the past several years. Along with the economic and housing crunch that all American’s are currently feeling, local businesses and citizens have been forced to take an active role in defending North Carolina’s previously free and open beaches. The beautiful beaches along Hatteras Island (which includes Frisco) have always been the basis of the local economy until recently when the National Park Service (NPS) decided to begin beach closures in an attempt to expand their bird populations.

Currently, prices remain very reasonable. Since the sold prices for the Outer Banks real estate market has bottomed for many vacation rental properties, the return-on-investment ratios are the BEST that it’s going to get.  Properties are selling and financing is available to qualified buyers. As demand continues to grow and should the inventory of real estate properties continue to shrink, real estate prices will rise. As prices begin to rise, the return-on-investment will be decrease.

If you have been thinking about purchasing an Outer Banks home on Hatteras Island, whether for retirement, for relocation, as income producing vacation investment property or as a vacation getaway, things won’t get much better. Now is the time to come in and talk with “Your Full-time, Overtime, Anytime Realtors”. We will provide you all the crucial information you need to make the best decision.  Please contact us to request our FREE monthly OBX real estate newsletter and our quarterly update with request our FREE monthly OBX real estate newsletter and our quarterly update with OBX Real Estate Market Statistics. We will keep you posted on the most current OBX real estate developments so you can have an edge on others when searching for Outer Banks real estate.

Imagine finding your perfect Frisco home… Start searching now!

Posted on February 21, 2013 at 4:25 pm by Hugh "Scooter" Willey