Charlotte NC| A Tale of Two Home Buying Decisions, Negotiations and Great Deals
June 24th, 2008 Categories: Luxury homes, Waxhaw, Weddington
One New Home Purchase, One Re-Sale Home Buyer, 2 Deals, Same Great Results
This past week before leaving for my son’s wedding in Annapolis was a busy one… first, a home buyer I’ve been working with since November reached a decision and we concluded negotiations on a $1.4 M home in Providence Downs South, and while those negotiations were ongoing, I was out with another set of buyers from my old neighborhood, Rockville MD, and on Monday we reached a conclusion on a new home at John Wieland’s Brookhaven in Weddington. Two great homes and two great deals. And congratulations to the Kaminsky-Sawyers on their closing the same week.
3rd Time’s a Charm
I first met my client from Seattle in November of last year. He and his wife had decided to leave the Pacific northwest (”The most beautiful spot in the world on the 30 non-raining days a year”) this client is blessed with a portable job- he needs to be near a quality airport- and after investigating the schools decided on a South Charlotte- close in Union County location. Moving from the Seattle area to Charlotte purely by choice, they with their 2 young children, came for the temperate climate, the can do spirit of the city, and they had visited and liked the city. Charlotte was a compromise between Texas and Ohio, with the edge going to the wife’s relatives in Ohio.
We first made a run at a home in Waxhaw in the spring, that was foreclosing. it was a short sale offer that basically went
no where. Whether the lender didn’t want to give up any rights, or we just didn’t offer enough, we’ll never know. They were just opaque.
Next we made an offer on a builders own personal residence in Skyecroft, subject to us getting plans of our liking for a pool and pool house. In the end, though it was a great family home, we passed on that.
Next came several possibles in Providence Downs South, and one in Highgate. For the first time, we found 2 possibly 3 homes she thought she could be really happy in. One was an almost over the top $2 M home, offered at $1.8 and possibly available as low as 1.575M– the deal was sweet, and it had everything she had been dreaming of, but…
She also liked another home, built by a favorite builder, built in a very family friendly way, with all the features she needed, many of what she wanted, and most of all a terrific yard for her energetic kids. Asking price was $1.499, it had been $1.599 a month earlier.
Now the negotiations began–after a week-end of going back and forth, we settled at $1.4M. The 1.4 is 93% of 1.5, 87% of the original aksing of 1.6M My other client, looking at great homes in the 5-700K range, saw the whole negotiation unfold, and was hoping for a similar deal. We got about the same percentage wise, but more on that in my next post.
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It is a strong buyers market here in the greater Charlotte area. Thinking about moving to Weddington, Charlotte, or Lake Norman? Waxhaw? You can quickly compare area prices with the links below, or just give me, Terry, a call at 704-351-1519. I am a Buyer’s Agent specializing in relocations–and will represent only you. You can also search the entire MLS, by area with the first link below. Click on the pics below for photo galleries of each community
Related Links
Home Prices Rise in South Charlotte in First Quarter of 2008
Southpark Charlotte Homes for Sale- Foxcroft, Morrocroft, Barclay Downs
PDS …. Skyecroft …. Highgate
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A Remarkable Southwest Charlotte Home at $1.7M in the Palisades
February 8th, 2008 Categories: Luxury homes, SouthWest Charlotte-All, The Palisades
Best Value in a Luxury Custom Home is at the Palisades
In the last 8 days I’ve been out looking at homes priced between $1.5M and a little over $3M. I’ve seen Charlotte’s finest builders. I’ve found high quality homes and excellent values in a handful of neighborhoods, Skyecroft in Weddington, Stratford On Providence, The Sanctuary, Longview, and the Palisades. By far the best value, was this Jas-Am home in the Palisades. This home has over 6000 sf finished, an additional 800 unfinished in the attic (a perfect theater room?) and details more common in the 3M category. Have a look:
This home’s asking price is $1.695M, and it needs a couple of things- I think we can get it all for under $1.65M. Call me direct a 704-351-1519- as always I am a buyer Agent and represent only you.
I walked two models at the Ranch with the builders, Ricardo Anderson and Bobbie Fisher of Anderson Homes, and Frank Arooji from Persis-Nova, all I can say is Wow! It’s made me excited about this year’s Homearama at the Ranch at the Palisades. Home prices will range from just under 2M to possibly $3M+.
If you are looking for a luxury home in Charlotte, a new custom home, look no further. From the Palisades to the Point, Myers Park to Southpark, I know Charlotte, and I know custom homes. Call me direct at 704-351-1519
Thinking about moving to Charlotte?Like to see more pictures of Charlotte Homes? Charlotte neighborhoods? New Home Subdivisons? Read on…
Like more Charlotte photos, read on… Like to Search for Charlotte Homes.. Read the rest of this entry »
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Myers Park| Charlotte, NC| Luxury Homes in South Charlotte
January 6th, 2008 Categories: Charlotte Real Estate Market Reports, Luxury homes, Myers Park, South Charlotte All
Myers Park, Charlotte’s oldest suburb, offers luxury South Charlotte homes close to Uptown.
Myers Park, a beautiful oak lined suburb of Charlotte has been impressing homeowners since its creation in the early 1920’s. A rare combination of large homes in an ideal South Charlotte location makes this area very desirable. Below is a breakdown by price of homes for sale in the Myers Park area:
There are 14 homes for sale under $350,000
There are 22 homes for sale under $500,000, but more than 350k
There are 26 homes for sale under $700,000, but more than 500k
There are 24 homes for sale under $800,000, but more than 700k
There are 20 homes for sale under $900,000, but more than 800k
There are 16 homes for sale under $1,000,000, but more than 900k
There are 23 homes for sale under $1,250,000, but more than 1M
There are 21 homes for sale under $1,500,000, but more than 1.25M
There are 31 homes for sale for more than $1,500,000
The most expensive home in the area is listed at almost $3,000,000. This home offers 5 bedrooms and 7|1 baths in a cozy 8,018 square feet.
Are you considering a move to Charlotte? Like to see more Charlotte Homes and Communities?
Want more Charlotte information? If you’ve never visited Charlotte, try my video on the right hand column, it is fact-filled and has been well received. Search for Charlotte Real Estate?Then if you like try the categories on the left… Fun Things to do, questions about North Carolina Real Estate, Ask-the-Broker FAQ’s , A related post- South Charlotte Homes For Sale and Appreciation Report.
Most folks like pictures, and I like taking them, so I’ve published more than 1500 pictures
divided into 45 galleries, divided by community, area and fun things to do, see them at: Uptown Dilworth, SouthPark, Ballantyne Country Club, High Gate and more. (Pictures are of the Imaginon children’s library on the left, and the light rail Lynx on right)
Concerned about the market? Here are couple of recent articles about the strong Charlotte real estate market by Forbes.com and ABC News
To learn more about me, and my business in Charlotte, visit TerryMcDonaldRealEsate.com, my easy to use search for houses, condos, land or multifamily~
Please don’t hesitate to call me direct with your Charlotte real estate needs and questions, 704-351-1519
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Skyecroft in Waxhaw|Luxury Estate Homes, A Waxhaw-Weddington Real Estate Market Report
January 5th, 2008 Categories: Luxury homes, Union County All
Skyecroft in Waxhaw, a Union County favorite, is a gated custom home community 25 miles south of Uptown Charlotte in the rolling hills, pastures and horse farms of Waxhaw, just 3 minutes to popular Weddington, NC school cluster. Rich amenities and larger lots are the norm, tall trees, and water features abound. A historic log cabin is directly across from the fabulous amenity center. If it sounds like I’m gushing, I am~ this community was greeted with a certain amount of skepticism by the real estate community… it has far exceeded expectations.
So in Skycroft, there are
7 Homes For Sale Under $1.6M, ranging from 5300 sf to 6300sf, $1.09M-1.599M
7 Homes For Sale Under $3.2M, ranging from 5879 sf to 9395sf, $1.65M- 3.2M
Here is a slide show of the amenities– a fantastic clubhouse, pool, tennis courts and walking trails… have a look
Today’s spotlight is on New Tradition Homes, an elite custom builder, who has poured their heart and soul into two wonderful Skyecroft homes. This one is listed at $2.198M, with over 9300 sf, 5br, 6bath, and is ready today. Check out hte details in the slide show below…
Are you considering a move to Charlotte? Like to see more Charlotte Homes and Communities?
Want more Charlotte information? If you’ve never visited Charlotte, try my video on the right hand column, it is fact-filled and has been well received. Search for Charlotte Real Estate? Then if you like try the categories on the left… Fun Things to do, questions about North Carolina Real Estate, Ask-the-Broker FAQ’s … A related post- South Charlotte Homes For Sale and Appreciation Report
Most folks like pictures, and I like taking them, so I’ve published more than 1500 pictures divided into 45 galleries, divided by community, area and fun things to do, see them at: Uptown Dilworth, SouthPark, Ballantyne Country Club, High Gate and more. (Pictures are of the Imaginon children’s library on the left, and the light rail Lynx on right)
Concerned about the market? Here are couple of recent articles about the strong Charlotte real estate market by Forbes.com and ABC News
To learn more about me, and my business in Charlotte, visit TerryMcDonaldRealEsate.com, my easy to use search for houses, condos, land or multifamily~
Please don’t hesitate to call me direct with your Charlotte real estate needs and questions, 704-351-1519
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