Orange County NC Website
34 <br /> Slide#9 <br /> Northside Neighborhood Conservation District <br /> • Collaboration with NC Housing Coalition and Jackson <br /> Center <br /> • Building type "Designed Rental Single Unit Residence" <br /> used to identify properties designed for rental <br /> ➢ Definition: Single unit residential property designed with <br /> bedroom/bath count atypical for its size in comparison with other <br /> same sized single-family residences <br /> ➢ Example: 800 square foot residence with 4 bedrooms and 3 <br /> baths; 3 bedrooms and 2 baths is typical <br /> �1 <br /> s ORANGE COUNTY <br /> Nancy Freeman clarified that 800 sq. ft. should read 1800 sq. ft. <br /> Slide #10 <br /> Northside Neighborhood Conservation District <br /> • Approximately 100 properties field reviewed <br /> • Combined into two neighborhoods that include only <br /> property under the neighborhood conservation <br /> restrictions <br /> • Current sales show little to no influence based on <br /> whether the property is conforming or legal non- <br /> conforming <br /> • Based on recent sales, overall values increased 40-60% <br /> in these neighborhoods <br /> — 1 <br /> 10 ORANGE COUNTY <br />