Housing and Accommodations

HOUSING

Wilkes EDC Continues to Promote Housing Study

Wilkes EDC, in partnership with the Wilkes Chapter of the Winston-Salem Regional Association of REALTORS®️ (WSRAR) and the North Carolina Homeowners Alliance (NCHA), commissioned Bowen National Research in the Summer of 2020 to conduct a Housing Study in Wilkes County, NC. The study considered various demographic, economic and housing metrics, as well as other factors that impact and influence housing. The full study can be found on the Wilkes EDC website. A few of the highlights and key points from the assessment include:

Need exists for 995 additional rentals. Need exists for 1,511 forsale units.

Nearly 10,000 commuters travel into the County daily for work who could potentially be residents.

Townhomes

Responding to the need for increased housing in our area, Cam Finley of Finley Properties is nearing completion of 10 Townhomes at 100 Court Square, behind the Wilkes Heritage Museum in Wilkesboro. The average price will be in the mid-range of $300,000 and contain 3 bedrooms, 2.5 baths of approximately 2,100 sq. ft. with double garages. Units will be sold individually with seven units facing North Bridge Street and three facing Hardin Hill Street. In addition to Court Square, Finley also has broken ground behind the former Bank of America site at 200 Main Street, Wilkesboro on 5 additional townhomes. These will be slightly larger, having approximately 2,400 sq. ft. with the owner’s suite located on the main floor. Completion is planned for early Q1, 2023.

ACCOMMODATIONS

RED ROOF INN AND SUITES AND SPECTRUM HOSPITALITY PLANS NEW MARRIOTT HOTELS IN WILKESBORO

Wilkesboro-based Spectrum Hospitality announced plans to renovate and rebrand the former Red Carpet Inn in Wilkesboro as the new Red Roof Inn and Suites.

The franchise for the 80-room hotel was awarded by Red Roof Inn for the Spectrum Hospitality property. It is located on N.C. 268 West (River Street), just west of the U.S. 421/N.C. 268 West interchange.

Plans call for the full-renovated Red Roof Inn and Suites to have eight two-room suites, 72 traditional hotel rooms, upscale lobby and breakfast area, modern fitness center, guest laundry and an outdoor recreation area.

Marriott International awarded the franchise for building the 104-room hotel on Spectrum’s property behind the Olive Garden Restaurant on U.S. 421 West.

The new hotel will have 52 extended stay rooms in the TownePlace Suites by Marriott and 52 traditional hotel rooms in the Fairfield Inn by Marriott.

The dual-branding allows for two hotels to occupy one building to offer both long-term stay rooms with kitchens and other features, as well as meet the needs for shorter stays.

“It will feature an indoor saline pool, a large 24-hour fitness center, outdoor recreation areas and a small lounge on the top floor with views of the Brushy Mountains and many other modern amenities, including an upscale lobby and meeting spaces,” said Dale Isom.

Wilkes Residential Building Permits Increase Despite Material Cost Surge

Permits for single-family homes January to August compared to similar months in prior years

2019 57

Permits Issued

Average Size: 1,946 sf

2020 52

Permits Issued

Average Size: 1,982 sf

2021 91

Permits Issued

Average Size: 1,934 sf

2022 72

Permits Issued

Average Size: 2,051 sf