Communities across North Carolina are struggling with the challenge of housing affordability. One of the critical factors in housing affordability is housing availability.
But each community is unique. That is why community leaders in Wilkes County had to gather their own data.
The NC Homeowners Alliance partnered with the Winston-Salem Regional Association of REALTORS and Wilkes County Economic Development Corporation to fund and create an innovative study on housing in Wilkes County.
For Wilkes County, housing supply is critical for attracting employers.
Some of the findings of the study include:
- Wilkes County would need 995 additional rentals and 1,511 for-sale unites over the next five years
- The housing needs and opportunities of the county are diverse and significant, and efforts should be placed on a broad based approach to address housing.
- Nearly 10,0000 commuters travel daily into the county. These are individuals who could become residents.
- With more than 30 potential sites identified in the market, Wilkes County offers numerous opportunities with both vacant parcels for new construction projects and existing buildings that could represent adaptive reuse projects.
County leaders can now work with developers and policymakers to start meeting the demand. The report identifies opportunities for both new housing and renovation of existing structures.
You can read the full report here.
The NC Homeowners Alliance looks forward to working with other communities on housing affordability.