Abberly Place Apartment Homes

500 Abberly Crest Boulevard, Garner, NC 27529
Call: 844-230-1753 Email UsAbberlyPlace018@myLTSMail.com View Map

Opens: Monday-Friday: 9A-6P | Saturday: 10A-5P | Sunday: 1P-5P

Apartments Raleigh NC Blog

Reasons to Rent in Retirement

Joseph Coupal - Thursday, April 19, 2018

Abberly Place apartments in Garner, NCHomeownership and retirement don't always mesh. Here's why you might consider renting as a senior instead.

Though owning a home has long been hailed as the American Dream, that's not necessarily the case when it comes to retirement. Since 1990, homeownership has declined among 55-64 year-olds, and experts expect this trend to continue in the coming years.

Before you prepare to live out your senior years as a homeowner, here are a few reasons to consider renting instead.

1. Your housing costs will be fixed

The problem with homeownership is that even in the absence of a mortgage payment, you still face countless unknown costs. Your property taxes, for example, could go up significantly if you have a year when your home is reassessed. Similarly, as your home ages, your regular maintenance costs could easily go from manageable to downright astronomical.

Consider this: The typical homeowner spends anywhere from 1% to 4% of his or her home's value on annual upkeep. If you're dealing with, say, a $500,000 property, that's a pretty huge range, but you can't discount the possibility of creeping toward its high end as you make your way through retirement.

Then there are repairs to consider -- problems that aren't expected, but rather pop up suddenly and constitute a huge financial burden. Do you really want to deal with those when you're on a fixed income?

When you rent a home, you're locked into the same monthly payment regardless of whether the roof starts to leak or the heater needs repairs. If the local lawn service raises its rates one year to cut the grass, that's not your problem. Of course, the downside of renting is that your landlord could raise your monthly payments once your lease expires -- but if that happens, you could always find a new home or try to negotiate.

2. Owning may not help much from a tax perspective

One benefit of being a homeowner is getting to deduct the interest on your mortgage, thus saving you money on taxes. But if you're coming into retirement mortgage-free, which is the case for the majority of homeowners 65 and over, then that benefit no longer exists.

Furthermore, it used to be the case that you could deduct your property taxes in full, and as we all know, those apply even once your mortgage is paid off. But as part of the recent tax changes that took effect this year, the state and local tax (SALT) deduction, which property taxes are part of, is now capped at $10,000. This means that if you live in a state with high taxes, you might lose the bulk of that write-off (at least for the next seven years), thus making homeownership a less appealing prospect.

3. You'll get more flexibility

The beauty of being retired is not being tied to a job, or that job's location. This means that if you want to pick up and move to a state with warmer weather or get closer to your grandchildren, you're free to do so -- provided your home isn't holding you back.

As a renter, you have the option to leave your home once your lease ends, or, in many cases, break your lease prematurely with a reasonable bit of notice. Selling a home, by contrast, could take months, and there are numerous expenses you might encounter along the way. You may therefore be better off unloading your home prior to retirement and buying yourself that added leeway later in life.

Now this isn't to say that renting a home in retirement is always the right move. At the same time, it pays to think about the benefits of renting at a time in your life when you're no longer bringing home a steady paycheck.

For more information on apartments in Garner, NC contact Abberly Place.

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The Motley Fool


Rent or Buy Debate Doesn't Make Sense

Joseph Coupal - Thursday, April 12, 2018

Abberly Place apartments in Garner, NCWhen you buy a home, you pay for things you don’t have to pay for as a renter: loan interest, property taxes, insurance, and even maintenance and repair costs. That’s part of the argument in favor of renting: there are so many additional costs and factors that get overlooked. That goes for both sides, though, and the details vary depending on the situation. Here are a few commonly overlooked factors that make up the specifics.

  • How long you’ll live in the home: This varies depending on the market, but in general, the longer you’re in the home, the better, because your costs are spread out over time.
  • The cost of housing in your area: In most cases, people rent because houses are just too expensive, but it all depends on the market in your area. If renting is extremely costly in your area, it might be more affordable to buy a home.
  • The opportunity cost of your taxes and insurance: What kind of long-term return could you get if you invested this money instead, in the stock market, a CD, or even a “high interest” savings account?
  • The opportunity cost of your down payment: Similarly, how much of a return could you get if you invested that lump sum instead?

It’s impossible to say renting or buying is a better decision because each one of these factors (and more) depends on your unique situation. You have to consider where you live, what kind of house you’re looking for, how much you pay in rent, how much you’ll pay in the future...the list goes on and on.

A Rent vs. Buy calculator is a great tool for simplifying these complexities, depending on your own individual specifics. Still, a calculator can only do so much. It might tell you the better long-term decision on paper, but that still doesn’t mean it’s the best decision for you.

Your Home is a Purchase, Not an Investment

Most experts agree that you shouldn’t think of your primary home as an investment. Contrary to popular belief, real estate barely outpaces inflation over time. Sure, you could time the market, flip a house, or buy a rental, but that’s different from expecting your primary home to earn you a sweet return. The investing myth is another valid argument against buying. Many people buy homes they can’t afford or stretch their finances to pay for expensive home projects because they buy into this myth.

The bottom line is: sometimes it’s smarter to rent, and sometimes buying can work in your favor. Rather than giving in to one side or another, it’s more helpful to learn the rules, crunch the numbers, then do what works—and feels right—for you.

For more information on apartments in Garner, NC, contact The Gardens.

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Excerpts: twocents.lifehacker.com


What To Do During NC Beer Month in Raleigh

Joseph Coupal - Thursday, April 05, 2018

Abberly Place apartments in Garner, NCNorth Carolina is for beer lovers. Craft breweries flourish famously in the mountains, with urban flair in the Piedmont and with character along the coast. The number of breweries stands at more than 250 statewide — it’s hard to keep an up-to-date count with new breweries constantly rising on the beerscape, but we know that North Carolina has the highest total between Pennsylvania and Texas.

Asheville, Raleigh, Durham, Charlotte, Hickory — all celebrate regional beer culture with festivals, beer weeks and other events. In April 2018, Visit North Carolina and the North Carolina Craft Brewers Guild will join forces to host NC Beer Month for its sixth year.

Why celebrate North Carolina beer? Because the state is one of the best for craft brewing with unique and exceptional flavors. Medals from the Great American Beer Festival and The World Beer Cup. Raves for Ninja Porter, Death by Hops, Black Radish and Papa Jade IPA. Beer to be tasted by the flight and savored by the session. Beer that abides by the Reinheitsgebot purity law and beer that innovates on a rich agricultural heritage.

If you live in an apartment in Garner, NC you may be interested on what our area has to offer NC Beer Month.

Raleigh

A brewery that launched in an airplane hangar. North Carolina’s first woman-owned brewery. A brewery born from a rickshaw company. Raleigh area brewers know something about thinking differently. And with more than 30 breweries all over the destination; plus, their presence at World Beer Festival Raleigh, welcoming 250 craft brews from around the country, and Brewgaloo, celebrating regional craft breweries, you can bet on a craft beer experience like no other in April. In Raleigh, the brewers are just as excited to share their passion and inspirations as they are for you to taste the beer.

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ncbeermonth.com


NC is a Great State for Business

Joseph Coupal - Thursday, March 22, 2018

Abberly Place apartments in Garner, NCNorth Carolina ranked as Forbes' Best State for Business for the first time in 2017. With one of the highest net migration rates in the U.S., people have been flocking to North Carolina for the past decade. The state has the second smallest union workforce in the U.S. in terms of percent of total employment. The resulting benefit is labor costs that are 10% below the national average—fifth lowest in the country.

Where else does NC rank?

  • #1 Best States for Business
  • #2 in Business Costs
  • #11 in Labor Supply
  • #9 in Regulatory Environment
  • #18 in Economic Climate
  • #10 in Growth Prospects
  • #16 in Quality of Life

For more information on apartments in Garner, NC, contact Abberly Place.

#HowYouLive

Forbes.


Raleigh is Among the Best Cities in America to Live

Joseph Coupal - Thursday, March 15, 2018

Abberly Place apartments in Garner, NCDid you know that in 2017 North Carolina’s two largest cities were named among the best cities in America to live.

In an analysis of nearly 600 U.S. cities with populations of more than 65,000, finance website 24/7 Wall St. reviewed data in nine major categories: crime, demography, economy, education, environment, health, housing, infrastructure and leisure.

Raleigh was ranked No. 10 in America.

For 2017, Raleigh was listed with a population of 458,862, a median home value of $242,500, a poverty rate of 12.1 percent (putting the city in the bottom 25 percent), and the percentage of people with at least a bachelor’s degree at 50.8 percent (putting Raleigh in the top 10 percent of cities).

Raleigh is one of many fast-growing mid-size cities in North Carolina. Over the past 10 years, the population of Raleigh increased by 29.6 percent, the most of any city in the state other than neighboring Cary, and far more than the 7.1 percent national population growth rate.

Raleigh is located in the southeastern corner of the Research Triangle, a prospering area with three leading research universities and many high-tech companies. Raleigh itself is home to North Carolina State University and is a 30-minute drive from Duke University and the University of North Carolina at Chapel Hill.

North Carolina has one of the largest brain gains – more college graduates are staying in the state than leaving – in the country. This has contributed to high educational attainment in cities across the state. In Raleigh, 50.8 percent of adults have at least a bachelor’s degree, far more than the 31.3 percent national share.

The website used census data, the FBI’s Uniform Crime Report, Bureau of Labor statistics, school test score data, Department of Education statistics, Centers for Medicare and Medicaid Services data and more to determine the rankings.

For more information on apartments in Raleigh, NC, contact Auston Grove.

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newsobserver.com


Reasons It Can Be Better to Rent a Home

Joseph Coupal - Friday, March 09, 2018

Abberly Place apartments in Garner, NCTo some, answering the classic question “is it better to rent or buy?” is easy.

But owning a home isn’t the best move for everyone. For those weighing renting vs. buying, here are a few reasons why renting can be the better choice.

1. You want maximum flexibility

With renting comes the flexibility to stay put for a few months or years without paying much more than a monthly payment. If your job requires you to move every few years or if you’re unsure how long you’ll be in one place, it can make much more sense to rent. The upfront costs of a home purchase can set you back financially if you move too soon after buying.

You might also consider renting if the neighborhood isn’t one you’re set on.

2. Buying is out of reach financially

The price tag on a home can be discouraging, especially if space is important. Some families with kids can’t afford to buy a home in the area they want that’s of similar size and space as the house they rent.

3. You want to avoid maintenance and other added costs

When you rent, your landlord typically has to fix structural defects or other problems such as plumbing or wiring, but once you’re an owner, maintenance and repairs are your responsibility. Shukla in San Jose says upkeep is one of the more surprising things he’s had to invest time and money into since becoming a homeowner.

Many do not factor in the costs of maintaining a home. Maintenance, upgrades, property tax, insurance all add up to additional costs per month beyond the mortgage.

4. Other priorities top homeownership

Location, particularly in relation to work or family, might play a large role in whether you choose to rent instead of buy. Mandel and her husband, for instance, knew they wanted to be close to their extended family in the area.

About 42% of renters believe their housing situation lets them live in a more convenient location, according to a 2012 Fannie Mae survey. Among millennials, most prefer city living, and two-thirds of these young adults are renters, according to a 2014 Nielsen report.

Buying a home is not a rational financial decision. It’s an emotional lifestyle decision that has financial ramifications.

If buying doesn’t fit into your lifestyle and financial situation, renting might be the better choice.

For more information on apartments in Garner, NC contact Abberly Place.

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Nerdwallet.com


Raleigh Area: Retirement is Affordable, Healthcare is Excellent, and Life is Good

Joseph Coupal - Friday, March 02, 2018
  • Retirement is something to think about years before you get there.
  • Choosing the best place to retire in the US means weighing affordability, quality of life, activities, and healthcare.
  • WalletHub ranked the best US cities to live in retirement.
  • Many of the top cities are in states with warm weather.

Abberly Place apartments in Garner, NCDeciding where to live in retirement may be one of the last major financial decisions you'll make, and picking the right spot is important.

WalletHub set out to put worried minds at ease. The site used available data for the 150 largest US cities to find the best and worst places to lay your hat. We already looked at the worst cities for retirement, so let's take a look at the opposite: the best urban areas to live in your post-working life.

How people spend time when they don't have to go to the office every day tends to be a little different. Many dream of hours full of painting and golf, but there are more practical considerations to keep in mind too.

Along with the weather and nearby museums and tennis courts, reliable, accessible healthcare and affordable housing are important benchmarks when determining where to live in retirement.

WalletHub found that the cities below offered a great quality of life, good healthcare, and plentiful activities — all at an affordable cost.

WalletHub scored each city based on affordability, activities, quality of life, and healthcare. The four categories were weighted equally, and each city was given a total score and then ranked, with the highest overall score designating the best city. WalletHub used data for only the city, not the surrounding metro area.

We've included the total score (out of a possible 100), with a higher score denoting a better place to live, as well as its ranking out of 150 cities for each of the four categories, with a lower number being better.

19. Raleigh, NC

Total score (out of 100): 53.88

Rankings (out of 150 cities):

  • Affordability: 61
  • Activities: 48
  • Quality of life: 61
  • Healthcare: 6

For more information on apartments in Garner, NC contact Abberly Place.

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Business Insider


Some Reasons to Move to the Raleigh Area

Joseph Coupal - Thursday, February 22, 2018

Abberly Place apartments in Garner, NCDiscover what makes the City of Oaks and its nearby communities best places to live

Raleigh, N.C.’s bustling state capital is known to residents as the "City of Oaks," you'll understand the nickname when you visit downtown. Oak trees line the streets and sidewalks, offering pleasant shady spots for window shopping, coffee drinking and patio dining. Traveling east of Raleigh, you’ll find North Carolina’s beautiful coastal regions, and traveling west, you’ll find the scenic Blue Ridge Mountains. Beyond the city's natural beauty and convenient location, here are six more reasons to move to the Raleigh area.

1. Raleigh combines modern, urban living with traditional Southern flair.

Folks often move to Raleigh looking for urban living with a Southern touch. The neighborhoods surrounding downtown Raleigh make it easy for residents to bike to the local farmers market, walk to a new restaurant or bar, or visit the State Capitol Building.

2. There are lots of options for delicious food in Raleigh, from barbecue to vegan.

When it comes to good food, the Raleigh region offers many options.

3. Huge First Friday events showcase Raleigh's great galleries, studios and museums.

Remember to mark your calendars for the First Friday Gallery Walk in downtown Raleigh. On the first Friday of every month, local galleries, studios and museums keep their doors open late. Galleries display new artworks, artists talk about their latest creations, and you can find handcrafted gifts for family and friends.

4. Raleigh's neighbors, Durhan and Chapel Hill, are also great places to live and visit.

When it comes to where you live, good neighbors make a big difference. Raleigh has two neighboring cities, Durham and Chapel Hill, and they are both listed among Livability’s Top 100 Best Places to Live. In fact, Durham is even ranked among the top five best places to live.

5. Many Raleigh area's restaurants serve locally grown food.

Speaking of Durham, it's worth a drive if for nothing else but to visit Piedmont, a restaurant that's cozy and small, but big on recommendations for a true taste of North Carolina flavor. Local farm-grown ingredients are a Piedmont specialty, and its ever-changing seasonal menu means there's always something new and delicious to try.

5. Several colleges ensure opportunities for education and a college town culture.

Educational Opportunities: Many folks move to the Raleigh region for educational opportunities. North Carolina State University is the largest four-year university in the state, and it is nationally renowned for programs in engineering, biology and agriculture. Duke University is located in Durham, and it is a prestigious private research institution known for its medical school and medical center. And of course, there's the University of North Carolina at Chapel Hill, best known for its programs in business, government, law and public health.

For more information on apartments inGarner, NC contact Abberly Place.

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livability.com


Apartment Hunting in a City You Don't Live in Yet

Joseph Coupal - Friday, February 09, 2018

Abberly Place apartments in Garner, NCAre you facing the prospect of renting an apartment in a city you don’t live in yet? Renting a home without physically seeing it before you move in is not ideal, but it’s not impossible either. It just requires careful planning and a willingness to trust photos. Below are some ways to stay on top of the game and not lose out on your perfect rental—even from afar.

Research the local market

Familiarize yourself with the market you’ll be renting in. The first thing that’s really important is thinking about what area you want to move to and honing in on that. Talk to people who already live in the city of your choice and ask what neighborhoods they recommend. Then figure out what the rental process looks like there. Do listings become available months in advance, or do landlords wait to release them until the last minute? What standard amenities should you expect, and what might you expect to pay a premium for?

Seek out local blogs and real estate websites for up-to-date intel on the market. And, of course, scour online listings in the areas you are considering. By understanding the lay of the land as well as pricing in specific neighborhoods, you can rule out places with asking rents above your budget.

Consider your commute

If you’re moving to a new city with a job lined up, you should consider your commute from the get-go. Ask the following questions: What will the commute time be from any given neighborhood? Beyond miles and distances, what are the traffic dynamics during rush hour?

Understand your commute expectations because knowing what you’re comfortable with can almost create the search. Map the route from various neighborhoods to your future office space using a service like Google Maps, which will take into account walking, biking, driving, and public transit options.

Find a reliable agent

If you can’t be there in person for the apartment hunt, you’ll want to make sure you have a solid real estate agent to stand in your place. Referrals are always a safe bet, but also find brokers with consistent listings in neighborhoods you’re interested in—because those will be the neighborhood experts. A neighborhood-focused agent will be on top of their game when it comes to available inventory in that area. They can also provide accurate information regarding pricing, neighborhood amenities, and commute times.

Once you’ve found an agent you feel comfortable with, make sure that they’re willing to work for a client who can’t be physically available. Be sure they are able to send photos of prospective apartments and also take you on video chat tours inside the apartment, through the building, and around the block.

Get all your documents in order

Once you’ve secured an agent, you’ll want find out what information landlords expect from prospective tenants. In competitive rental markets, that list might be long, so get these documents ready in advance and had them over to your agent as soon as you kick off your hunt. A complete renter’s profile may include pay stubs, credit checks, bank statements, and the like.

Research the building and landlord

Let’s say your broker has found a promising rental. There’s still research you can follow-up with online to make sure you’re as informed as possible. Look up details about the building, including when it was built, how many units it holds, and what amenities are included. And if the building is owned by a large management company, you can usually find online reviews about the company.

Be realistic about your apartment hunt

At the end of the day, when you can’t be present for your apartment hunt, there’s no guarantee that the search will go off without a hitch, so prepare to be flexible and willing to put a lot of trust in your agent’s judgment. And if a long-term rental solution isn’t working out, consider a short-term lease. Then once you’re in the new city, the search can begin again—in person.

This arrangement can be the safest best when you arrive without a job—and don’t yet know what your commute will be like. An interim apartment probably gives you the most flexibility. But of course moving twice isn’t fun.

For more information on apartments in Garner, NC contact Abberly Place.

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curbed.com


Raleigh Area Ranks Among Best Places in 2017

Joseph Coupal - Thursday, February 01, 2018

Abberly Place apartments in Garner, NCNow that it is 2018, we thought we would share with you some of the recognition Raleigh, NC has received...just in 20187 alone!

Raleigh Ranks First in "Best Tasting Water in the State Contest" - Annual NC AWWA-WEA Conference, November 2017

Raleigh in Top 10 Best Cities in America to Live - 24/7 Wall St., November 2017

Raleigh is #2 Most Educated City in the Country - Forbes, October 2017

Raleigh in the Top 5 Cities for Jobs in the U.S. - Glassdoor, September 2017

Raleigh is #3 Sportiest City - Men's Health, September 2017

Raleigh is 1 of 10 Best Cities For Startups You’ll Want to Be Based In - Hubstaff, August 2017

Raleigh is Among Best Budget Destinations in America, Part III: The South - Budget Travel, July 2017

Raleigh is #10 Among 100 Best Cities to Drive In, WalletHub July 2017

Raleigh is #6 Among 100 Most Adventurous Cities in America - Men's Health, June 2017

Raleigh is #14 Fastest Growing Metro in U.S. - U.S. Census Bureau, March 2017

MIT's International Center for Aviation calls Raleigh's RDU International Airport Best Connected Medium Sized Airport - News & Observer, May 2017

Raleigh Ranked #8 in Best Cities for Veteran Homebuyers to Live - Veterans United Network, March 2017

Raleigh Ties for #7 in Best Places to Work for Veterans - Veterans United Network, March 2017

Carolina Publishing Associates Names North Carolina Museum of Natural Sciences in Raleigh #1 Among 2016 Top N.C. Tourist Attractions - WRAL, March 2017

Carolina Publishing Associates Names North Carolina Museum of Art #9 Among 2016 Top N.C. Tourist Attractions - WRAL, March 2017

Carolina Publishing Associates Names Marbles Kids Museum in Raleigh #6 Among 2016 Top N.C. Tourist Attractions - WRAL, March 2017

Carolina Publishing Associates Names North Carolina Museum of History #8 Among 2016 Top N.C. Tourist Attractions - WRAL, March 2017

Raleigh's Second Empire Restaurant & Tavern Receives 2017 Four-Diamond Restaurant Award - AAA, January 2017

Raleigh's Renaissance Raleigh North Hills Hotel Receives 2017 Four-Diamond Hotel Award - AAA, January 2017

Raleigh is #22 Among Most Caring Cities in America - WalletHub, January 2017

Raleigh Among Top 10 Boomtowns of 2016 - SmartAsset, January 2017

Raleigh Among 12 Top Destinations of 2017 - Forbes Travel Guide, January 2017

For more information on apartments in Garner, NC contact Abberly Place.

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raleighnc.gov



Abberly Place Apartment Homes

500 Abberly Crest Boulevard, Garner, NC 27529

Call: 844-230-1753
Email UsAbberlyPlace024@myLTSMail.com
View Map

Opens: Monday-Friday: 9A-6P | Saturday: 10A-5P | Sunday: 1P-5P

$937-$1,361