Charlotte NC|Waterfront and Water View Land-Lots|Charlotte Real Estate Market Report
December 6th, 2007 Categories: Buy A Charlotte Home, Lake Wylie NC and SC
Greater Charlotte Waterfront Land Lots on Lake Norman, Mt. Island Lake, and Lake Wylie
Lake living in Charlotte NC means big boats, big fishing, big FUN, just a short distance from Uptown Charlotte. Cornelius, Mooresville, Huntersville, Clover and Ft Mill are all local water communities on lake Norman and LAKE
Here is the current market report for lots and land on area lakes and the Catawba River, Waterfront and water view:
18 Lots UNDER $100,000, Averaging 1.12 Acres
65 Lots UNDER $200,000 and > $100,000, 20 are Waterfront, 45 Waterview, Average 1.15 Acres
45 Lots UNDER $300,000 and > $200,000, 32 are Waterfront, 13 Waterview, Averaging 1.03 Acres
71 Lots UNDER $400,000 and > $300,000, 59 are Waterfront, 12 are Waterview, Averaging 1.41 Acres
32 Lots UNDER $500,000 and >$400,000, 30 are Waterfront, 2 Are Waterview, Averaging 1.05 Acres
119 Lots MORE THAN $500,000, averaging 3.24 Acres
IN 2005, the average cost per acre of Waterfront or water view, was $162,000. In 2007, that average was $269,000, a 66% increase in 3 years. This is consistent with waterfront around the United States as it grows more scarce.
Better Buy Charlotte Lake Property Now! Call me 704-351-1519.
A couple of other recent articles about the terrific Charlotte real estate market by Forbes.com and ABC News 
Smart money is moving, investing or buying 2nd homes in Charlotte; you deserve expert representation. Give me a call, a try out, and I’ll work every day to make you a raving fan. Terry McDonald
Call me direct at 704-351-1519, and I’ll see you in Charlotte!
Terry - There still seems to be affordable land in Charlotte where you can enjoy the water. The price increase in the last 3 years show what a value this land is. - Ashley
[…] recent post on waterfront and water view lots for sale, appreciation and […]
I am hoping to find a lakefront lot priced under $100,000. Please help.
There aren’t any Jan, not on the three local lakes anyway, maybe not in the southeast. 5 years ago, I sold a handful of lots at Lake Hickory, quite a bit less expensive than Charlotte, and waterfront then sold for 160K there. Today waterfront runs anywhere from the 300’s, but much more commonly in the 600’s and above. Terry.