A Custom Luxury Home in Charlotte- Traditional, Arts and Crafts Low Country
Luxury home means a lot of things to different people: It has presence and curb appeal, it has a design, floorplan and details that work together in harmony, and well thought-out custom details and features that last, and create a Wow factor (s) along the way… and that’s just the house!
The luxury neighborhood-community in Charlotte is not typically gated, though some are, but the real question is still-
does it fit your family’s needs and lifestyle?
Fortunately we have lots of good choices. Yes, we have some “McMansions” (no I’m not offended by the name haha) in the outlying areas built in the easy money days, but Charlotte is home to many communities that rival the best in the US. Lets Look.
Luxury Home DealsAmazing Lake Norman Waterfront Homes Under $2M53 toChoose From
It could be in South Charlotte’s traditional post WWII neighborhoods of Myers Park, Eastover, or the more eclectic Elizabeth or craftsman homes in Dilworth. Search Myers Park-Eastover HomesSearch Dilworth Homes (Home searches- after a while- require a simple email sign-up, no worries here, we hate spam as much as you do, your info never given or sold, remains internal)
Dilworth, Wilmore and SouthEnd: Homes Townhomes and Condos For Under $350,000
There are 157 properties for sale under $350K in zip code 28203- Dilworth, Southend and Wilmore, 130 are condominiums or townhomes, 27 are single family homes. The average sales price is $233,141, but lets break that down a bit more.
The area most know as Dilworth includes complexes like 1315 East, Latta Pavilion, Dilworth Walk, Ordemore, or as real estate brokers know it , Area 5-1.
There are 29 of these Area 5 Dilworth Condos for Sale Under $350K, zip code 28203, or Area 5-1.
The average Asking Price, or List price of a condo here is $252,201, the median price is a 2 bedroom 1 bath condo at Latta Pavilion for 245,000, about 1050 square feet. There have been 18 sales here since June 1, the median sales price is $242,500. The closeness between Median List, and Median Sold price is a reflection of the strong Buyers market, and December Sellers are always motivated.
There is one single family for sale in Area 5, Dilworth, for under$350,000, a modestly updated house on Scott Ave.
The areas along the light rail blue line Lynxx, known as Southend, Wilmore and the west/south side of Dilworth, includes condominium complexes like the Village at Southend, The Tremont, The Arlington, park Avenue Condominiums, Wilmore Walk, Southend Flats, Atherton Heights, or as real estate brokers know it, Area 6:
There are 104 Condominiums for sale under $350K in area 6, with zip code 28203, or Area 6-1
The Average Asking price is $224,651, the median Asking price is an Atherton Heights 2 bedroom Condo at 209,900.
There were 43 condos sold in Area 6, zip 28203, since June 1, and the median sold price is $201,000 at the Lofts at Factory South, a 1 bedroom 1 bath, extremely convenient to the Lynx. there are considerably moesiongl family opportunities in aare 6.
There are 24 single family homes for sale under 350K in area 6, with zip code 28203, or Area 6-1.
The average Asking price is 224,928, the median asking price is $199,000.
The average sold price for single family homes since June is $230,733, a the median Sold price is also $230,000,a 1000 sf 3 bedroom ranch. The low was $124,000 in Wilmore, and the high was a 1500 square foot ranch on Park Road at $346,000. Again, homes on the market in mid-December are be definition aggressive motivated Sellers, and most (not all) Sellers know the right price. Still greed get s in the way with some.
28270 is in the middle of south Charlotte, bordered(roughly) by Providence Road, Mckee Road, and Sardis Road. People living here like its proximity to Uptown Charlotte and the cultural and nightlife attractions there, Southpark Mall, and all the shopping along Pineville-Matthews Road, including the Arboretum, Costco, Lowe’s, and Target in Matthews
Love my new charts! This is the first interactive chart- go ahead and make some changes, you see home inventory on the bottom in the bar graph, then the two prices are median price per sq ft, a favorite of mine, and the median home price sale, the favorite of our local association. You can adjust the chart to the time period you are most interested in, in the lower right sliding bar.
Cool isn’t it? So if you are watching these are my first interactive charts- I look forward to more. Altos is known for the quality of their data, it comes from tax records so it includes new homes in south Charlotte and therefore is more complete than MLS records, and they provide the very cool flash that provides user interaction. There are currently 167 homes for sale in south Charlotte zip code 28270 between $200,0000 and $600,000, and inventory is down now. There are 30 townhomes or condominiums for sale with prices between $150,000 and $500,000.
Types of communities include: Over 55, luxury custom homes, communities with amenities, apartments, townhomes and condos- just about everything!
Popular neighborhoods include: Beverly Crest, Lansdowne, Hembstead, Providence Plantation, Willomere, McKee Woods, Huntington, Providence Arbours, really too many to list.
Charlotte-Mecklenburg Schools*
Elementary Schools: McKee Road, Providence Spring, Elizabeth Lane, Lansdowne
Middle Schools: J. M. Robinson, Crestdale, South Charlotte, McClintock
High Schools: Providence, East Mecklenburg,
*As often as school lines change, it is always possible a few homes in 28270 may go somewhere not identified. Also- magnet and charter schools are not reflected. You’ll find excellent school details at www.ncreportcards.org, and extensive details, links and more on private schools at Charlotte area schools
Is this post helpful? Was there anything major I missed? Love your comments, thoughts or additions if you live in South Charlotte’s popular 28270!
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We are here to help you find that great home in a terrific neighborhood, and then once you found it, to go get it for you at the best possible terms. We take your lead in all negotiations, and we provide clients the detailed information they need to guide their decision. Coming our way? Live here and have a home to sell? Let us help you. Call Terry at 704-351-1519
There were 9 homes sold in Dilworth- Myers Park area, at an average price of $586,281, at an average of 92% of List price. The average Days on market reported was 135, and the average square footage, 2511, so the average cost was $233/sf. This compares to 14 homes sold in Myers park and Dilworth in October of 2008, with an average sales price of $1,039,000. This represents something of an anomaly, and also a recognition that the higher priced homes are the ones not selling well.
At the end of October, there were 197 Homes For Sale, 16 Conditional, and 8 Pending home sales. More Dilworth/Myers Park details
Southpark, South Charlotte 28209, 28210
There were 32 homes sold in the Southpark area, at an average price of $298,284, an average of 94% of List price. The average Days on market was 105, average 2041 square feet, or $146/sf. This compares to 29 sales a year ago, with an average price of $360,367.
At the end of October, there were 404 Homes For Sale, 35 Conditional, 34 Pending home sales. More Southpark Details
South Charlotte- Ballantyne- Zip Code 28277
There were 63 homes sold in the Ballantyne area, zip code 28277, at an average price of $377,667 or 94% List price. The Average Days on market reported in the MLS was 92, the average square footage 3,163, or $119/sf. Three were in Ballantyne Country Club, the balance in the surrounding area. This compares to 57 properties sold one year ago, at an average price of $418,758, and six in Ballantyne Country Club.
At the end of October, there were 461 Active Homes for Sale, 34 Conditional, and 53 Pending in Zip Code 28277. More Ballantyne Details
The “Snapshot” report is just that- a quick look at the last month of activity compared to a year before. This is just the “Tip of the Iceberg” of work performed routinely for Charlotte home buyers and sellers who are clients of the McDonald Team. We think better information leads to better informed buyers and that leads to better offers.
A few more detailed reports- 90 days of market activity:
Buyer Agents, Plus Smart Buyers, aremed with good information make great deals happen!!! Call Terry McDonald at 704-351-1519, or sign up on Terry’s Charlotte Home search site
Dilworth Home, Highly Motivated Seller, Not a Foreclosure, But Being Sold AS IS Where IS
A 9 on the 1-10 Hip Scale, Renovated, with a Media Room, hardwoods throughout, 2 Bedrooms, 2 bath, basement , yard, 1 car garage, great Dilwoth Street…and more like plantation shutters, stainless appliances etc.
ASKING $349,900
Lets try $$299K-
I have more- more deals, [...]
The articles on this site should not be taken as real estate or financial advice. All suggestions are followed at your own risk and should be followed up with your own research. We strongly recommend you consult your attorney and /or accountant before making any investment. Also, all articles offer honest and genuine opinions about topics, products, and services of the authors. At this time we receive NO compensation from any vendor, builder/developer ot other party. The opinions, good and bad, are our own. That said, the general rule I follow is, "If you don't have something nice to say, don't say it." This rule does Not apply in discussions with Clients.
Elegance!
