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Terry McDonald Real Estate.com LLC
8604 Cliff Cameron Dr ST 110
Charlotte NC 28269
704-393-0048 Office
704-351-1519 Cell
704-464-3955 Fax
Wilkinson and Associates, Broker
#1 Team, 2006

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inventory homes in charlotte

Charlotte, NC|Great Townhome Values In University City Area

Mallard lake Townhouse University city by McCarWhat can you buy in the University City Area of Charlotte for under $150,000? Quite a lot actually…

First time home buyers, investors and 2nd home buyers take note- these University City townhouses have a lot to offer, and are located between University of NC at Charlotte and Lowes Motor Speedway, 5-10 minutes to each.

I mentioned last week that I had a home buyer put a contract in at Mallard Lake Townhomes, pictures on left, and get a great University City townhouse. Well I took a few pictures of some of the other town houses in the area, and put together this report. Search MLS

There are 54 Townhomes for sale under $150,000, the median price? $112,000

There are 14 townhomes for sale under $200,000, but more than $150,000. The Median? $164,900

There are 3 Townhomes under $250,000, but more than $200,000. The most expensive? $219,900 for over 2500 sf.

Here are two attractive new communites in the area, and are pictured:

Villages at Back Creek- Portrait HomesBack Creek Village Townhouses in University City

Still in early pricing, first closings are next week. Very nice collection with Inventory availabe- at a discount. Asking prices from$105,230 for a 1000 sf unit, to 212,340 for a 2600 sf with a 2 car garage. The have 3 Inventory under $135,000, one a $144,000, one at $196K and one at $212K. All closing costs paid with the use of one of their 3 lenders: Sun Trust, BOA and GMAC. Pool, walking trails, February/March deliveries, 5 minutes to Rt 485, 10 minutes to UNCC … And they’ll deal on these, call me for details 704-351-1519

Mallard Lake By McCar-

off North Tryon, just outside of Rt 485, 10 minutes to UNCC, 10 mkinutes to Lowes Motor Speedway.

Mallard Lake offers 4 Inventory townhouses, from $159,690, for a 3 story, 3br/3.5 bath at 1,959 sf to and end unit at $163,800,same brick front, 3 story3 br/3.5 bat and 1,959 sf. And I know they will deal some on these as well. We were able to take advantage of $12,000 in buyer incentives for using their lender- and has a loan commitment for 5.35% from Bank Of America. That s win/ win! More Pictures below the fold. Call if you’d like to see some of these, or others, 704-351-1519  Like to Search for Charlotte Real Estate…

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Charlotte, NC|Mallard Lake Townhomes A University City Bargain

Mallard Creek Townhouse at night

A Townhome Bargain at University City in Charlotte? You bet!

Last week working with a 2nd home client I discovered the *McCar Homes project Mallard Lake, just off 485 at Rt 49, a townhome-townhouse and single family community in the heart of the University area, 3 minutes off 485. What a great deal! And they have a few more.

They have 4 Inventory homes at this writing- and this is where the deals are (see below) They are classified as Inventory, but have late spring/early summer delivery dates. There may be something sooner, call me. They are ALL 3 story with a garage on the first floor, deck off the 2nd floor, hardwoods, granite and tile backsplash, most with a guest room and full bath on the first floor, as well.

A Chestefield, with 4 br, 3.5 ba and 1959 sf at $162,130- ideal for a first place or 3 student rental

An End Unit Greenfield,, 1,959 sf, 3br/3.5 ba, $163,800

And two more units less than $161,000…

As to the deal, inventory is where it s at if you are looking for a bargain.

These units are selling quite well, and their proximity to I- 485 and the University of North Carolina at Charlotte are very strong value anchors- the units are very well done, the value fundamentals are excellent… so what are you waiting for? Call me and lets go see these. 704-351-1519  Search for Charlotte Real Estate…

*I am not affiliated with McCar homes in any way, I represent buyers. I have had multiple buyers have good experiences with McCar, or I wouldn’t have written this post- but remember they are new home builders! :)

Thinking about moving to Charlotte? more links and photos, read on Read the rest of this entry »

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Antiquity In Cornelius NC| Inventory Home Photo Report|November,2007

I’ve just set up a new gallery:

Antiquity Details and Inventory Homes|Cornelius NC, at the Lower Lake Norman page

See the Meeting Street Homes, starting here.

Meeting Street Homes Inventory

See the Cunnane Homes, starting here

Cunnane Inventory at Antiquity

So if you haven’t figured it out, I think a lot of Antiquity. I like both builders, both sets of plans are appealing, and what a great time to get into a neighborhood early. Ask me for the appreciation reports of Old Davidson or Ardrey… very impressive indeed.

Like to see more of Antiquity, of Cornelius? Of Davidson?

Or more than 35 communities throughout the Charlotte area, visit Charlotte Community Photo Album or

Search for homes on Terry’s Easy to Use AllCharlotteHomesSearch

As most of you know, I am not a financial adviser, but a Buyer Agent broker with a keen interest in numbers and appreciation. Also, so you know, for transparency, neither I nor any team members have a listing in Antiquity, and I have $0 financial interest there at this time, I’ll let you know if that changes. As a Buyer agent, I recommend you purchase a home in a community where you and your family will feel at home, that is the primary consideration in residential real estate. If you have no agent, we would like to represent you. Our goal as a Buyer Agent is for you to be happy- not just the day you move in, but a year later too… that means a great home in a terrific community! Antiquity, and other Top Ten’s, qualify in general. tm
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A Real Bargain in Antiquity, Cornelius NC|Major Buyer Incentives from Meeting Street Homes

Antiquity in Cornelius, already one of Terry’s Top Ten Charlotte New Home Communities, just got better!

Meeting Street Homes is offering, on all Inventory homes that close by December 31, 2007, $20,000 off the price, or,

they’ll pay your first 6 months mortgage, provided you use one of their preferred lenders, Wells Fargo or Chase.

For an Antiquity Background post and another Antiquity post If you’d like To SEE Antiquity in pictures Antiquity Online

Antiquity_Meeting Street InventoryWOW- This in a climate of slowing sales, but rising prices in Charlotte–20K off in a community about to take off… good news indeed. See Terry’s Top Ten CRITERIA

3 Bedrooms, 2.5 bath, end unit, double porch In this Unit 10′ ceilings 1st floor, 9′ 2nd; granite counters, stainless appliances, kitchen island, fenced yard, 2 car detached garage– $347,915

if you close by 12/31/07, $327,375 ( I’m recommending the $20K price reduction-even if you had 100% financing, it wouldn’t be more than $2200/month- times 6 months, 13-14K max)

Antiquity Meeting Street Inventory New HomeThen there is the Rosebank (left)

4 bedrooms, 3.5 bath’s, master on the main, In this Unit 10′ ceilings 1st floor, 9′ 2nd; granite counters, stainless appliances, kitchen island, 2 car detached garage

Current Asking $360,375

if closed by the end of 2007, $340,375

Like to see more of Cornelius? Of Davidson?

Or more online community photos throughout the Charlotte area, then visit my Online Charlotte Community Photo Album or

Search for homes on my Easy to Use AllCharlotteHomesSearch

E-mail Terry

As most of you know, I am not a financial adviser, but a Buyer Agent broker with a keen interest in numbers and appreciation. Also, so you know, for transparency, neither I nor any team members have a listing in Antiquity, and I have $0 financial interest there at this time, I’ll let you know if that changes. As a Buyer agent, I recommend you purchase a home in a community where you and your family will feel at home, that is the primary consideration in residential real estate. Our goal as a Buyer Agent is for you to be happy not just the day you move in, but a year later too… that means a great home in a terrific community! Antiquity, and other Top Ten’s, qualify in general, your opinion may differ.tm

s

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