Get in on Exclusive Elegance in Wyndmoor

Century Communities, Sinacori Homes and LiveWell Homes are bringing an exclusive offering in Marvin called Wyndmoor. With just 12 homesites on two cul-de-sac streets, a pond, and walking trails, the privacy in Wyndmoor can’t be beaten. This alcove neighborhood has stunning homes close to restaurants, shopping, parks, and coveted Marvin Ridge schools.

Homes in Wyndmoor are grand. Lots are over half of an acre and homes are large as well with at least 3,600 square feet. Exteriors are full brick with European styling. Side-load three car garages are part of each floor plan that we have seen so far.

LiveWell Homes has one home currently available. This local homebuilder has been around for 50 years bringing quality homes to the Charlotte area. This home has 6 bedrooms, 5 and ½ bathrooms and laundry rooms on both floors. A large open kitchen with giant island, butler’s pantry and wet bar anchor the first floor. A two story great room is perfect for entertaining and contains coffered ceilings and custom moldings and fireplace.

Century Homes has two floorplans to choose from, the Newport and the Holly. They have one completed home available for sale as well as opportunities to build a home from the ground up. There are numerous ways to customize these homes to make your perfect space for your family. You can add a home office, guest suite, and many options for flex space.

Their current home they have available has 5 bedrooms, 4 ½ bathrooms and 4,889 square feet of living space. Like the LiveWell Home, it has a gourmet kitchen, and great room with dramatic coffered ceiling. Upstairs it has a master suite, three additional bedrooms and flex space in the loft.

Students in Wyndmoor currently attend Sandy Ridge Elementary School, Marvin Ridge Middle School, and Marvin Ridge High School. These desirable schools rank 10 out of 10 on CarolinaSchoolHub. There are also many private, daycare, mother’s day out, and preschool options close by.

If you are interested in learning more about Wyndmoor, give us a call at (704) 525-4045. You can also view current listings on our website here.

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Spotlight: The Retreat at Rayfield

Less than six miles from Ballantyne sits The Retreat at Rayfield. This new neighborhood boasts a private setting and amazing homes. Located in desirable Indian Land, these homes have convenient access to I-485, I-77, I-85, and Uptown Charlotte. Lennar and Taylor Morrison Homes are both represented in the neighborhood and have many different options to make a house in The Retreat at Rayfield into the home of your dreams.

Lennar Homes has a model open in their Traditions collection. These homes have craftsman styling with modern floorplans. They range from ranch style to three stories with optional basements, master retreats, three car garages and outdoor living spaces.

Home prices start in the $304,900’s to the $410,600’s. Square footages range from 2,041 to 5,641. Homes have between 2 and 4 bedrooms and have 2-3.5 bathrooms.

Taylor Morrison Homes are offering slightly larger homes in The Retreat at Rayfield. Lost average over ⅓ of an acre and homes start from the $300,000’s. They have six floorplans to choose from and lots of possible ways to customize the homes to meet your needs. Floor plans are typically between 3,097 to over 6,000 square feet. These signature series homes have 10 foot ceilings on the first floor, two or three car garages, gourmet kitchens, and master suites inspired by posh boutique hotels. Many homes have sliding glass door walls to allow the outside to come in. Additional options include mother-in-law suites, basements, home gyms, and butler’s pantries.

Amenities in The Retreat at Rayfield include a clubhouse, fitness center, community kitchen, conference room, playground, and resort-style swimming pool with splash pad.

The Retreat at Rayfield is zoned for award winning Indian Land public schools. This includes Indian Land Elementary, Indian Land Middle, and Indian Land High Schools, all within three miles of the neighborhood. These coveted schools and lower South Carolina taxes make The Retreat at Rayfield a great place to call home.

If you are interested in a home in The Retreat at Rayfield, give us a call at (704) 525-4045 and we can schedule a tour. You can also view current listings on our website here.

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New Projects coming to South Charlotte

South Charlotte will be getting two new projects that we are excited about. They won their rezoning petitions at the Charlotte City Council Meeting this week.

The first project we are excited about is a redevelopment of Melrose Apartments in Madison Park. The site is the current home of 54 apartments originally built in 1967. There are also four single-family homes on the redevelopment site. Those four homes and the old apartments will be demolished to make way for the new project. This redevelopment project was first proposed in 2015 and has finally won unanimous approval by City Council.

The new project will have up to 265 apartments and eight townhouse-style units on the 2.9 acre site. This upscale complex will contain four and five story buildings, a parking garage, parking for each unit, a swimming pool, and central courtyard.

There are some concerns about the project being inconsistent with the surrounding neighborhood and issues with the elevations associated with the project. However, this project near the intersection of Park and Woodlawn Roads is still exciting. Revitalizing that corner is a great opportunity to add some character and better functionality to the area.

The second project we are excited about is an expansion of Phillips Place. Phillips Place has long been a place with restaurants, specialty retail, apparel, and home furnishings. The main street has an old world feel with fountains, benches, and lush landscaping. A hotel, movie theater, residences, office space and more made Phillips Place revolutionary as it was Charlotte’s first mixed-use development.

The expansion will add about 100,000 square feet of commercial space. Currently there is about 80,000 square feet of retail space excluding the hotel and movie theater. The plan also calls for parking decks with a smaller footprint allowing denser development. The project is slated for 15.1 acres just south of Fairview Road. The expansion of the Phillips Place retail center in SouthPark was unanimously approved by City Council.

If you are interested in a home in Madison Park or in SouthPark, give us a call at (704) 525-4045. You can also view current listings on our website here.

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September Market Statistics

Sales across the Charlotte region fell again in September. They dropped 3.9% from last year from 4,121 down to 3,960 sales. These numbers all come from the Charlotte Regional Realtor Association’s monthly report based on data from the Carolina Multiple Listing Services, Inc.

According to the report, inventory was also down. Last year at this time there were 12,297 homes for sale in the region and this year there are only 10,140. This is a 17.5% decline year over year. The region is left with only a 2.5 month supply of homes. A balanced market giving equal power to buyers and sellers in a transaction is generally considered to be a six month supply.

Home prices on the other hand, continue to rise. The average sales price was 6.3% higher at $271,606. Median sales price was up 9.2% to $225,000. This shows that the seller’s market that has been the trend is showing no signs of stopping.

Pending sales were up 16.4% to 4,137 up from 3,555. The strength of pending sales shows that we should have a stable market for a while to come.

New listings are up year over year. They are up 3.3% to 4,700 from 4,550. This shows seller’s confidence in the market continuing to be strong.

Homes are selling quicker than last year as well. The time on the market from list to close was 99 days last year and this year is down to 90 days. Loans still take about the same time to come through so this means that the days on the market until the sale were also down from 47 to 39 days.

The market shows all indications of remaining a strong seller’s market, even with sales in a slump. If you are interested in a home in the Charlotte area, give us a call at (704) 525-4045. You can also view current listings on our website here.

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Check out the Parade of Homes

If you are interested in new construction in the Charlotte area but aren’t sure what you want in a home, the Parade of Homes is a great place to start. This showcase highlights model homes in communities all around the area in a wide variety of styles, home builders, and price points. The Parade of Homes is also a great way to learn your way around if you are new to town.

The Parade of Homes began last weekend, and continues this weekend and the next. Dates are October 13-15, and 20-22. Homes are open from 11:00 am to 6:00 pm on Fridays and Saturdays, and from 1:00 pm to 6:00 pm on Sundays. The tour is free of charge and even has an app this year that will help you navigate. You can also check out http://www.paradecharlotte.com/ for the interactive website to plan your tour.

The Parade of Homes is like a huge open house. The best home builders in Charlotte and the surrounding area are all participants. They pull out all of the stops to show you everything they can do for you. Builders show fully furnished model homes and hope to get you to sign on the dotted line for a new home.

Some important things to remember about purchasing a new home. Just like purchasing an existing home, it is important to have your own Realtor represent you in the transaction. All of the sales staff for the builder work for the builder’s interests. You want to make sure you have someone to help guide you through what will probably be the single biggest investment in your life. A Realtor can help you through the process of choosing all of the options, upgrades, and finishes that will make your house a home, but will also make it appreciate and if necessary, get you the best price on resale.

Eighty homes will be a part of the tour this year highlighting 21 builders. Prices range from $240,000 up to $1.4 million. The show is organized by the Home Builders Association of Greater Charlotte. This year the homes are in Fort Mill, Rock Hill, Weddington, Huntersville, Concord, and in Charlotte as well. Builders represented this year are:

  • Alan Simonini Homes
  • Arthur Rutenberg Homes
  • Bonterra Builders
  • Century Communities
  • Chelsea Building Group
  • David Weekley Homes
  • Epcon Communities
  • Essex Homes
  • Fielding Homes
  • H & H Homes
  • Knotts Builders
  • Kolter Homes
  • Mattamy Homes
  • Meritage Homes
  • Niblock Homes
  • Saussy Burbank
  • Shea Homes
  • Smith Douglas Homes
  • Taylor Morrison
  • Terrata Homes
  • Toll Brothers

If you are interested in a new home in the Charlotte area, go tour the Parade of Homes, then give us a call at (704) 525-4045 and we will be happy to help you navigate through the process of purchasing your new home. You can also view current listings on our website here.

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Cramer’s Pond to be Developed by Grandfather Homes

Homebuilder Grandfather Homes is in the works to build ten custom homes in Cramer’s Pond. This location is right around the historic Barnhardt-Cramer House located at 2733 Country Club Lane in Plaza-Midwood. The historic home will be preserved by the Charlotte-Mecklenburg Historic Landmarks Commission. They are purchasing the original estate with four adjacent lots. They will eventually sell the historic home as a single-family residence.

Plaza-Midwood is home to many Charlotte favorites. This diverse and eclectic area has art galleries, funky stores and delicious restaurants. From a streetcar suburb during the great depression, when the Barnhardt-Cramer house was built, to today, Plaza-Midwood has been a great place to call home.

Eventually there will be up to 40 homes around Cramer’s Pond. They will join the original 6,500 square-foot plantation home built in 1938. Grandfather Homes will take 15.3 acres of the original plantation and develop ten custom homes. The remaining 26 lots will be developed later.

What we know at this point about Grandfather Homes plans is that each home will be distinct. Floor plans will range from 2,500 to 4,500 square feet. Homes will have between three and five bedrooms and three to five bathrooms. Homebuyers can work with Tammy Coulter Design to select interior options. Prices should start in the $800,000’s and construction should start sometime next month. Floor plans are available or buyers can work with plan designers to build to suit.

Homes in Cramer’s Pond will follow along with the same craftsmanship and attention to detail that are a hallmark of Grandfather Homes. Based in Charlotte, they offer premiere custom homes that offer close attention to detail. They make sure the home you build is perfect for you and your family.

If you are interested in a home in Cramer’s Pond, give us a call at (704) 525-4045. Remember that bringing representation to a builder is in your best interest as the builder’s reps work for the builder, not for you. You can also view current listings on our website here.

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NerdWallet says Waxhaw is the Best Place for Young Families

Waxhaw was in the news this week for a great reason. Turns out it took the number one spot on NerdWallet’s best places in North Carolina for young families. Next on the list was Stallings, Harrisburg and Wesley Chapel with Indian Trail and Marvin also making the top 10. They ranked 145 places in North Carolina, cities, towns, villages, and census-designated places. Data came from the U.S. Census Bureau’s American Community Survey. They restricted their data to places with over 5,000 residents.

Nerdwallet used many different factors to rank cities. They looked at schools, jobs, income opportunities, friendly neighbors, and affordable living. They weighed all of these factors and came up with a score for each small town.

Here’s how NerdWallet came about their numbers:

  • Home Affordability – looked at median home values and selected monthly homeowner costs
  • Growth and Prosperity – evaluated past and current family incomes to gauge prosperity and prospects for economic growth
  • Quality of Schools – incorporated ratings from GreatSchools, a nonprofit school ratings site to help determine the quality of the local schools
  • Family Friendliness – examined the percentage of families with children in school and the poverty rate for families with young children to learn if a community is a positive environment for children.

Key takeaways from the NerdWallet study include:

  • Top places are near big employers.
  • Top places have strong family incomes
  • Best options for families are small and midsize suburbs

Results of the study conclude that Waxhaw is one of the fastest growing towns in North Carolina. Waxhaw’s historic downtown is a big draw. Waxhaw is within 30 miles of Uptown Charlotte. With around 12,000 residents, Waxhaw ranks highly for  quality of education and family friendliness. Home affordability was not great as the median home value was the fifth-priciest out of the top 10. Below are the full Waxhaw rankings:

  • Great schools – 9 out of 10
  • Median home price – $259,500
  • Median selected monthly homeowner costs $1,704
  • Family income growth 1999-2015 – 78.2%
  • Percentage of families with at least one child under 18 – 49.7%
  • Median family income – $98,317
  • Percentage of families in poverty with a child under 5 years – 0

If you are interested in a home in the Waxhaw area, give us a call at (704) 525-4045. You can also view current listings on our website here.

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People’s Market Coming to Dilworth

Dilworth is about to have a new coffee shop/market/deli/bakery/casual eatery. People’s Market is about to open and hopes to become a neighborhood hub. From your morning coffee to  a nightcap in the evening, People’s Market has you covered starting on October 31st.

People’s Market is partnering with Charlotte Coffee Company. They will provide coffee, cold brew, and espresso behind the bar. Many other local and regional coffee vendors will be represented on the retail side of the store. There will be spaces to work along with WiFi and workstations as well as conversation areas for meeting with clients.

Local is the theme at People’s Market and it extends to the beer and wine selections. The bar will have a wide selection of craft beers. They expect to have 10 to 12 taps and a rotating selection of local beers. There will also be a curated selection of beer and wine that you can purchase and take home with you. Along with your beverages, you can also grab prepared meals, snacks, and desserts then head home. If you are looking for a more social outing, you can grab a table and socialize with your neighbors.

On the food front, The People’s Market will be open for breakfast, lunch, and dinner. They will feature salads, prepared foods and sandwiches. Local bakeries will provide cake, cookies, and cupcakes. Sweets will also be stocked from King of Pops and Two Scoops Creamery.

A covered patio and fireplace outside will make for a cozy place to hang out at People’s Market. A wide selection of music will tie everything together.

It will be refreshing to have this space at the corner of East Boulevard and Scott Avenue revitalized at last. It has been vacant since April of 2016 following it’s third fire in six years. A sister cocktail bar with small plate foods called The Queen & Glass is scheduled to open next door in late November.

If you are looking in the area for a home, this walkable area of Dilworth can’t be beat. To learn more, give us a call at (704) 525-4045. You can also view current listings on our website here.

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News About City Park

As density moves further away from Uptown Charlotte, a new and exciting project is growing right near Charlotte Douglas International Airport. We told you about the Townhomes at City Park in August. but the development has announced many more additions that will make City Park a true destination.

The major announcement is that a 139-room Aloft Hotel is coming to City Park. The hotel will have 77,000 square feet and should break ground early in 2018 and be completed by the end of that year. The hotel joins Mariott International Residence Inn and a Fairfield Inn & Suites already on the site.

Also planned for the development are two full-service restaurants and two additional eateries. Plans also include a salon and fitness center. Already signed to City Park Village are Panera Bread, Chipotle Mexican Grill, Starbucks Coffee, and Firehouse Subs.

This area at the former site of Charlotte Coliseum off Tyvola Road has been exploding recently. If you want to get in on this area, Ryan Homes has townhomes under construction now. They start from the $230,000’s and are 2 or 3 story. They have 1 or 2 car garages and up to 2,332 square feet. Plans have 3 bedrooms and 2.5 bathrooms and are designed in one of four basic plans. There are many ways to customize the basic plans and plenty of upgrades available.

The townhomes are all part of the 170-acre development adjacent to Renaissance Park. The park is loaded with trails, tennis, beach volleyball, golf, mountain bike riding, and more inside it’s 145 acres. There are also many community amenities planned so you can really have it all in City Park.

The final plan for City Park calls for apartments in addition to the retail, hotels, and townhouses. A newly opened Veterans Affairs health-care center and the new headquarters for Sealed Air Corporation are just down the road.

If you are interested in owning a home in City Park, give us a call at (704) 525-4045. You can also view current listings on our website here.

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Hadley Park Coming to Arrowood Station

Arrowood Station is about to get a lot more popular. A newly announced townhome project called Hadley Park by Century Communities has us excited. This nearly 50 acre site will be the home to 239 townhomes starting in the low $200,000’s. Two model homes are expected to be completed by early 2018 with other homes following soon after.

Century Communities is based in Colorado and has a large presence there. They also have communities in California, Georgia, Nevada, Tennessee, Texas, Utah, and Washington State. This will be their first townhome project in the Charlotte area. They have new construction single family communities such as Marvin Chase, Wyndmoor, Greenbriar, and Highclere.

Hadley Park is located on the South side of Arrowood Road between England Street and South Boulevard. It is adjacent to the Lynx Blue Line Arrowood Station. This means that residents with a commute might not even need a car, though each home comes with a two car garage.

Two basic plans are on offer from Century Communities and can be customized to meet your needs:

Brighton Plan with 2 bedrooms, 2.5 baths, 2 car garage, 1,532-1,544 square feet

  • First level home office and two car garage
  • Main level chef’s kitchen with granite island kitchen overlooking great room
  • Spacious walk-in pantry
  • Relaxing rear deck
  • Upper level owner’s suite and guest suite, both offering private baths and walk-in closets
  • Beautiful finishes throughout

 

Stratford Plan with 3-4 bedrooms, 2.5-3.5 baths, 2 car garage, 2,030-2,041 square feet

  • First level two car garage and flex space with half bath, with fourth bedroom/bath option
  • Main level family room and dining space flow into generous chef’s kitchen with island
  • Walk-in pantry
  • Upper level includes private owner’s suite and spa-like bath as well as sizable walk-in closet
  • Two additional bedrooms and a hall bath also located on upper level

Amenities in Hadley Park will include a zero-entry pool, shaded cabanas, a sunshelf, and an amenity center. The homeowners association will keep and maintain all common areas.

If you are interested in learning more about this great project, give us a call at (704) 525-4045. You can view current listings on our website here.

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