Get to know Piper Glen Estates

Gorgeous TCP Piper Glen Golf Course
Gorgeous TCP Piper Glen Golf Course

Imagine living next to a championship level golf course designed by Arnold Palmer himself. Living in Piper Glen Estates would get you just that. Newly renovated, the TCP (Tournament Players Club) Piper Glen Club has golf, tennis, swimming, dining, and a kids club. You could work on your swing, host a business meeting in their conference center, or celebrate a wedding in their banquet rooms.

Homes in Piper Glen Estates are stately and unique. Most are well over 3,000 square feet and include luxury features to make you as comfortable as possible for a family dinner or when hosting a charity event. Homes here can start below a half million dollars and go up into the millions of dollars. Some of the homes also include private tennis courts, pools, saunas, exercise rooms, home theaters, and smart homes wired for all electronics.

This beauty sold earlier this year for $2M
This beauty sold earlier this year for $2M

While there are some new homes in Piper Glen Estates, most are existing homes. Some have been up-fitted with all of the latest features. Most include unique architectural details and many have views of the stunning golf course.

Piper Glen Estates is conveniently located north of I-485, South of Highway 51, straddling Rea Road and west of Providence Road. Ballantyne Commons is just a short drive away. Also close by is Providence Commons with more shopping and dining options. Take a short drive up Colony Road and be at SouthPark Mall in 20 minutes.

Charlotte Douglas International Airport is just 25 minutes away without traffic and Uptown Charlotte is just 30 minutes away.

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Welcome to your new neighborhood

Piper Glen Estates is currently zoned for McAlpine Elementary School, South Charlotte Middle School, and South Mecklenburg High School. Please check with the school board as school assignments can change.

As of September 15th, there are 23 homes on the market with 5 under contract. This is about 6 months of inventory which usually makes a pretty even market between buyers and sellers. The lowest priced home is a 4 bedroom, 2 full bath, 1 half bath home with 2,840 square feet listed for $460,000. The highest priced home is a 5 bedroom, 4 full bath, 2 half bath with 5,685 square feet listed for $1M.

Brewery Move Makes Colonial Village Even More Attractive

The Charlotte Business Journal reported today that Lenny Boy Brewing Co. will officially open its new location this weekend. A soft opening is set for Thursday, with the grand opening on Saturday. The new location has a much bigger taproom and space to brew bigger batches of beer and kombucha. They plan on canning beer in the near future and it may be available in the same fine retailers where you can already get their kombucha. They will also have food offerings inside and a food truck in the parking lot.

colonialvillagebreweryWith this expansion joining the many other projects in South Charlotte along the Blue Line light rail, Colonial Village looks even more attractive. This neighborhood has been steadily under the radar, overshadowed by Sedgefield, South End and Dilworth just to the North. This means that you can still get a great deal on a home here.

Colonial Village is in the perfect location, just 7 miles from the airport and 3 miles to Uptown Charlotte. Residents here can drive into work, take a bus, or ride the Blue Line light rail. There are numerous restaurants, retail establishments, fitness centers, library locations, and parks close by. You can also get to SouthPark Mall in 10-15 minutes. Residents can stock up at Costco, which is only 3 miles South.

Originally built in the mid-nineteenth century, Colonial Village is a suburban community featuring single-family homes and apartments. Construction began when a railroad was built to connect Charlottesville to Charleston, SC. There used to be a lot of manufacturing in the area, but businesses started moving out in the 1970’s and the area is now primarily residential. Colonial Village is a great neighborhood for families, couples and young professionals.

Homes in Colonial Village are typically on large lots with original hardwood floors. Some homes are small in size, and some are much larger so there is something for every buyer. There are opportunities to fully update a home yourself, or you can get a home that has already been updated.

In the past year, homes in Colonial Village have sold for between $200,000 and $346,000 with an average sale price of $277,362. As of September 7th, there are two homes on the market in Colonial Village with one under contract. The home under contract is a 2 bedroom, 1 bathroom home with 1,045 square feet listed for $215,000. The other home is a 3 bedroom, 1 full bathroom, 1 half bathroom home with 1,403 square feet listed for $289,000.

To read the full Business Journal Article click here.

Spotlight: Amity Gardens

Tucked away in the north part of Oakhurst is a sweet little neighborhood with established homes called Amity Gardens. Located between Monroe Road and Independence Boulevard with Sharon Amity Road to the east, Amity Gardens consists of a dozen or so streets of homes built in the 1950’s and 1960’s. Most of the homes feature all brick exteriors, single story floor plans in a hidden away area with low crime and rising property values.

Amity Gardens is in a great location for future appreciation. Many of the homes are currently rental properties, but as Charlotte grows, being close to Uptown is going to be great for property values in Amity Gardens. Homes here are great for holding as rentals as the prices are low compared to Cotswold to the south. They are also great for purchasing and remodeling as they have large yards with room to expand the structures or to update the interiors.

Amity Gardens Homeowners Association Welcome
Amity Gardens Homeowners Association Welcome

Homes in Amity Gardens are typically 2 bedroom, 1 bath if they are original, but some have up to 4 bedrooms and 3 bathrooms and some even have full basements. Most homes here have original hardwood floors and some have wooden paneled walls. Solid wood kitchen cabinetry is common as are colorfully tiled bathrooms. There is a lot of vintage charm in these homes. Many of the residents are original to the neighborhood so they know all of the history of the area too.

In the past year, homes in Amity Gardens have sold for between $94,000 and $181,000. As of September 1st, there are 3 homes on the market in Amity Gardens with one under contract. The home under contract is a 3 bedroom, 2 bath home with 1,448 square feet listed for $210,000. The first of the homes not under contract is a 3 bedroom, 1 bathroom home with 1,019 square feet listed for $143,000. The other home is a 4 bedroom, 1 full bath, 2 half-bath home with 2,109 square feet listed for $215,000.

Spotlight: Chantilly

Chantilly5KOctober is a great time of year to check out the changing leaves. It’s also home to the Hilly Chantilly 5K race. This year’s race is on October 2nd. If you want to live on the 5K route, now is a great time to be looking for a home in the area.

Chantilly is a great neighborhood as it is centrally located and most of the homes are owner occupied. There is a great park in the neighborhood, Chantilly Park, which features 7 acres of playground, volleyball court, picnic shelter, walking trails, and multi-purpose field. The streets of Chantilly are great for taking a bike ride or a family walk. Lots of old growth trees and mature landscaping make Chantilly feel like home.

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A View of Chantilly Park

Located just east of Elizabeth and just south of Commonwealth and Plaza Midwood, Chantilly is in the perfect space to take advantage of all of the shops, boutiques, art galleries, restaurants and hip hangouts. The railroad tracks mark the Southern border and Briar Creek is the eastern border. 7th Street just to the South is home to many more businesses and restaurants.

Uptown Charlotte is just 10 minutes away from Chantilly making it really convenient for commuting. Charlotte Douglas International Airport is 20 minutes away without traffic. Elizabeth, just to the west is home to hospitals, restaurants, nightlife and more.

Chantilly is also a great area to get a historic home. The neighborhood was started in 1913 and has homes from that era as well as from the 1940’s and 1950’s. There are also homes that have been completely remodeled as well as some that are brand new. If you are looking for some quirky character or a cute bungalow, Chantilly is your place.

In the past year, homes in Chantilly have sold for between $217,500 and $765,000. As of August 28th, there are 8 homes on the market with 4 under contract. The homes were built between 1940 and 2012. They range from 1,172 to 2,722 square feet. Prices of these homes range between $288,000 to $625,000.

Historic Charm in Dilworth

The Charlotte Observer reported yesterday that Amos’ Southend will end it’s long run as a music venue and will close in March. This will most likely make way for yet another new construction development as the corridor along the Lynx Blue Line is attracting new denser development. If you are looking for a condominium, this is a great place to be looking. You will get all of the newest features and be close to everything. Everything along the Blue Line seems to have changed and rapidly at that.

One neighborhood that remains largely unchanged by the Blue Line is Dilworth. Homes here have been appreciating in value due to proximity to Uptown, convenience of the Blue Line, and walkability of the neighborhood, but they retain their charm. You can find an original craftsman style home here, or you can find a modernized historical home all within the same block. Historic and charm are words that epitomize Dilworth.Dilworth Sign

East Boulevard runs east and west through the middle of Dilworth and packed with restaurants, boutique shopping, grocery stores, and Freedom Park. Freedom Park has trails, water features, gardens, and more. Latta Park is also at the center of the neighborhood, with a playground, water park, and theater. Nightlife in the recently revitalized SouthEnd is just a quick walk away.

Tree lined streets and generous front porches help Dilworth to be a friendly place to be. Families taking walks, kids on bikes, and joggers with dogs are all everyday occurrences in Dilworth. There are a variety of homes, from condos to single-family here. This helps the neighborhood to still retain some affordable sections where you can purchase a condo in the $200’s. Fully renovated historic homes can go into the millions.

In the past year, homes in Dilworth have sold for between $202,500 and $1,624,750. As of August 18th, there are 35 homes on the market with 18 under contract. The prices range between $350,000 for a 3 bedroom 1 bath with 1,077 square feet, and $1.5 million for a 5 bedroom, 3 full bath, 2 half bath home with 4,428 square feet.

Olympic Training in the Queen City

With the 2016 Rio Olympics coming to a close this weekend, you might be dreaming of being a competitor yourself. If not for yourself, you might have big dreams for your children. Training for the Olympics is serious business with serious time commitments. If your family is helping an Olympian train, you want to live close to where training occurs so you aren’t always in the car.

The National Whitewater Center is an official Olympic training center right here in the Queen City. There may have been some trouble with amoebas in the water, but the facility has been drained, scrubbed, and is ready to help you achieve your Olympic dreams. Offering whitewater rafting, whitewater kayaking, flatwater kayaking, stand-up paddleboarding, rock climbing, zip-lining, ropes courses, canopy tours and mountain biking, the Whitewater Center can help you train for a wide variety of events. A home in or around Uptown Charlotte is perfect for training at the Whitewater Center. You will have quick highway access, while having all of the benefits of living uptown including museums, nightlife, restaurants, parks and more.

If Gymnastics are more your speed, there is the Charlotte Gymnastics Academy in South Charlotte just off South Boulevard. They have classes for kids ages 4-18, perfect for your budding Olympian. If you have a little tumbler, a great place to make your home would be Quail Hollow. You can get a great home just a quick drive away from the training facility. Quail Hollow also boasts Quail Hollow Country Club with a fantastic golf course. With mens and womens golf now in the Olympics, you could train there as well.

If you want all around training, or your child is too young to be specialized in any one sport, why not move close to a YMCA where you can train in many different disciplines to see which one might fit you best. Charlotte has many locations, most notably the Dowd YMCA in Uptown, the Harris YMCA in SouthPark, and Sara’s YMCA in Ballantyne.

If you are looking to move within the Charlotte area, or are looking to move here from somewhere else, contact one of our Realtors to help you with a smooth transition. We can help you find the home of your dreams close to everything you need to be healthy, active and happy. If you happen to train for and eventually get an Olympic medal, we would be so happy to be part of your journey.

July Market Report

For the second straight month, the Charlotte Regional Realtor Association report shows that home sales have cooled slightly in the entire MLS reporting area. In June, sales were down over the previous year by 3.3% from 4,577 in 2015 to 4,425 in 2016. In July, sales were down further from 4,286 to 3,900 down by 9%.

Three early months of the year, February, April and May, were up over last year so the YTD numbers are slightly up, 4.4% from 24,105 in 2015 to 25,159 for 2016.

The price homes have been selling for continues to rise from $252,874 in 2015 to $269,426 in 2016. These price increases appear to show that the cool down in the market may be due to price increases. With only a three month inventory on hand, there continues to be a sellers market which is supporting the price increases.

Pending sales have increased over last year by a whopping 20.4% from 3,773 to 4,543. This makes it look like next month should be a better month as most of those pending sales should come to a close. This means that there are still motivated buyers out there that are willing to pay the higher prices for homes.

When you look at the City of Charlotte on the report, you see that there are only 2 months of inventory in the city skewing the market even further in favor of sellers. Prices for homes in the city have gone up almost 5% just this year alone.

A few places defy the trend, Waxhaw, NC saw an increase in home sales from last year of 3.5%. Uptown Charlotte also saw an increase in home sales last month of 25%. Fort Mill and Rock Hill, SC saw home sales about the same as last year, only one additional sale this year over last for each area.

The news is tough if you are a buyer. There isn’t as much inventory as you would like to have the choices available to you. In addition, you will probably have to pay more money for the house you finally get. However, if prices continue to rise, you will be in good shape if you need to sell.

If you are a seller right now, looks like the news continues to be good for you. Your home should sell for more money than it would have last year and you even have the potential for multiple offers with inventory as low as it is right now.

For now, it’s just a wait and see situation to see if the market begins to correct itself. If we get to the point where there is 6 months of inventory, it will be a more balanced market between buyers and sellers. This kind of equity helps buyers and sellers be happier with their transactions.

New Homes Announced at Rea Farms

Adding to the development projects reshaping the corridor of Providence Road near I-485, Rea Farms is expected to add another 250 townhomes and single-family homes. The 194 acre project is situated on Providence Road at Ardrey Kell Road. These newest homes will be built by CalAtlantic, a builder no stranger to the Charlotte area as they have already built 30+ communities here.

The Charlotte Business Journal reported that “When built out, Rea Farms will include up to 650,000 square feet of office space, 250,000 square feet of retail, 500 multifamily units, a fitness facility, a day-care facility and a magnet school.” They went on to say “CalAtlantic is the latest player to join Rea Farms, which is being developed on the site of the former Charlotte Golf Links course. Life Time Fitness Inc. and the Charlotte-Mecklenburg Board of Education each purchased land earlier this year to build a fitness facility and a science, technology, engineering, arts and math K-8 magnet school, respectively.”

This comes as great news for homeowners already living in the area as there will be more retail, office, and fitness options nearby. There may be some additional traffic from all of the new homes, there is time to get used to the idea as ground should not be broken on this most recent section until 2017 or early 2018.

This master planned community should have something for every type of home buyer as there will be townhomes, single-family homes, and multi-family. There should also be community amenities to entertain all ages of residents.

If you or someone you know is interested in living in or near Rea Farms, please contact our Realtors.

To read the entire Business Journal article, click here.

Check out Amberleigh

If you’re looking for a small tight-knit community in South Charlotte near Ballantyne, look no further that Amberleigh. Built in the late 1990’s and early 2000’s by St. Lawrence and Zaring Homes, Amberleigh has around 100 homes. The homes have mature lots between a third to three quarters of an acre. Building materials are either full or partial brick homes. The whole neighborhood has a park-like feel with some homes having private wooded back-yards.

Homes in Amberleigh average between 2500 to 3500 square feet with 4 or 5 bedrooms and attached garages, some with side-entry. Some even have master on the main floor. Floor plans are open and roomy with plenty of storage.

Amberleigh is currently zoned for fantastic schools: Elon Park Elementary School, Community House Middle School, and Ardrey Kell High School. Please note that school assignments occasionally change.

Located near the intersection of Johnston Road at Providence Road West, Amberleigh is close to shopping, restaurants, and right around the corner from the Morrison YMCA. Shopping is as close as Blakeney, Ballantyne Village, or Carolina Place Mall. Uptown Charlotte is about a half-hour drive without traffic. Charlotte Douglas International Airport is just 25 minutes away without traffic.

In the past year, homes in Amberleigh have sold for between $356,000 and $445,000. As of August 3rd, there are 2 homes on the market in Amberleigh. The first is a 5 bedroom, 3 full bath, 1 half bath home with 3,506 square feet on .43 acres with a pool under contract with a list price of $450,000. The other home is a 5 bedroom, 4 full bath with 3,608 square feet on .38 acres listed for $459,900.

If you or someone you know is interested in a home in Amberleigh, contact one of our Realtors at 704-525-4045.

Spotlight: Wilmore

Wilmore is fast becoming one of Charlotte’s up-and-coming neighborhoods. It is right next to Uptown, with charming bungalows. Homes here are still affordable so it is a great place to get in on before the market really takes off. Wilmore is walking distance to the Charlotte Lynx light rail so you don’t even need to worry about parking in Uptown. Most streets even have an Uptown view.

Located in just to the South and West of Uptown, Wilmore is bounded by I-77, Summit Avenue, Camden Road and Tremont Avenue. Also included is a small section to the West of I-77 including Revolution Park at Berringer and Remount Road. Being just North of SouthEnd makes Wilmore even more attractive as you are close to lots of great restaurants, breweries, and shopping.

Wilmore is the third most popular destination for renters in the Charlotte area per Zumper.com. This makes a great case for a home in Wilmore as an investment property too. With homes still available in the $100’s, you could get in on a great opportunity for an income stream, or to create your dream home as you remodel a home.

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Wilmore has all the charm and character of Dilworth, but with a much more easily attainable entry price point. These homes, with a smaller footprint that Dilworth, are available nicely remodeled in the mid-$200’s.

In the past year, homes in Wilmore have sold for between $118,000 and $532,500. This shows a great range between untouched homes and fully remodeled and expanded homes. New construction homes are also available. As of August 3rd, there are 10 homes currently on the market in Wilmore. They range from $120,000 for a 3 bedroom, 1 bathroom home with 1,180 square feet to $624,900 for a 5 bedroom, 3 full-bath, 2 half-bath home with 3,356 square feet.