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Price Point: What does $480,000 get in Triangle’s housing market today?

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Price Point

See what you could buy within your budget from the North Carolina Triangle’s current real estate market options.

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This week’s Price Point looked at homes that sold recently for around $480,000, and found choices in Wendell, Durham and Raleigh.

7201 Fribourg Ct, Wendell, 27591
7201 Fribourg Ct, Wendell, 27591 TMLS

7201 Fribourg Court, Wendell, 27591

Sold: $475,000 on March 9

Single-family home with four bedrooms and four bathrooms on a 1.46-acre lot

Built in 2001, this home is on a cul-de-sac in Wendell. It’s about a 22-minute drive west to downtown Raleigh, and a 36-minute drive northwest to Raleigh-Durham International Airport.

The 3,614-square-foot home offers a first-floor office, large mudroom, and a bonus room with full bathroom. Exterior features large deck, above-ground pool, and two outdoor sheds.

Size: 3,614 square feet

Year built: 2001

Price per square foot: $131

HOA fees: None

Taxes: $2,500 (estimated)

Last sold: 2016 for $270,000

Listed by: Teo Westenhaver, Choice Residential Real Estate

7201 Fribourg Ct, Wendell, 27591
7201 Fribourg Ct, Wendell, 27591 TMLS
7201 Fribourg Ct, Wendell, 27591
7201 Fribourg Ct, Wendell, 27591 TMLS
7201 Fribourg Ct, Wendell, 27591
7201 Fribourg Ct, Wendell, 27591 TMLS
7201 Fribourg Ct, Wendell, 27591
7201 Fribourg Ct, Wendell, 27591 TMLS

Price Point


“Price Point” is a new N&O column aimed at offering a snapshot of the local real estate market. Each week, we'll tell you about three houses on the market that are roughly the same price but located in different parts of the Triangle. It will also highlight how prices — and what you get for the money — can vary greatly across the region.

3 Bess Court, Durham, 27707

Sold: $480,000 on March 9

Single-family transitional colonial-style home with four bedrooms and three bathrooms on a .34-acre lot

Built in 1985, this home is on a corner lot in the Rockwood subdivision of Durham. It backs up onto Rockwood Park. It’s about a seven-minute drive northeast to downtown Durham, and about a 21-minute drive southeast to Raleigh-Durham International Airport.

The 2,850-square-foot home offers “cathedral-ceiling” entrance with separate living space, kitchen and eat-in area. It also features screen-in porches, a deck and an 850-square-foot basement.

Size: 2,850 square feet

Year built: 1995

Price per square foot: $168

HOA fees: Not applicable

Taxes: $5,400 (estimated)

Last sold: Not available

Listed by: Ian Kipp, Berkshire Hathaway HomeServices

3 Bess Ct, Durham, 27707
3 Bess Ct, Durham, 27707 TMLS
3 Bess Ct, Durham, 27707
3 Bess Ct, Durham, 27707 TMLS
3 Bess Ct, Durham, 27707
3 Bess Ct, Durham, 27707 TMLS
3 Bess Ct, Durham, 27707
3 Bess Ct, Durham, 27707 TMLS

124 Fern Forest Dr, Raleigh, 27603

Sold: $480,000 on March 10

Single-family home with four bedrooms and three bathrooms on a .88-acre lot

124 Fern Forest Dr, Raleigh, 27603
124 Fern Forest Dr, Raleigh, 27603 TMLS


Built in 1986, this home is in the Nottingham Forest neighborhood of Raleigh. It’s within a 24-minute drive north to downtown Raleigh, and a 36-minute drive northwest to Raleigh-Durham International Airport.

The 2,378-square-foot home offers first-floor master bedroom, updated kitchen with granite countertops, and separate dining room. Exterior features include new roof and HVAC system, outdoor greenhouse, shed and chicken coop.

Size: 2,378 square feet

Year built: 1986

Price per square foot: $202

HOA fees: None

Taxes: $2,100 (estimated)

Last sold: 2009 for $243,500

Listed by: Elizabeth Davis, eXp Realty

124 Fern Forest Dr, Raleigh, 27603
124 Fern Forest Dr, Raleigh, 27603 TMLS
124 Fern Forest Dr, Raleigh, 27603
124 Fern Forest Dr, Raleigh, 27603 TMLS
124 Fern Forest Dr, Raleigh, 27603
124 Fern Forest Dr, Raleigh, 27603 TMLS
124 Fern Forest Dr, Raleigh, 27603
124 Fern Forest Dr, Raleigh, 27603 TMLS

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This story was originally published March 15, 2023 at 8:30 AM.

Chantal Allam
The News & Observer
Chantal Allam covers real estate for the The News & Observer and The Herald-Sun. She writes about commercial and residential real estate, covering everything from deals, expansions and relocations to major trends and events. She previously covered the Triangle technology sector and has been a journalist on three continents.
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Price Point

See what you could buy within your budget from the North Carolina Triangle’s current real estate market options.