The Palisades- A Terry’s Top Ten Community
March 15th, 2010 Categories: Buy A Charlotte Home, Communities Under 750K, Lake Wylie NC and SC, Terry's Top Ten New Home Communities
The Palisades in Charlotte- an Amenity Rich, Green, Golf Community at Lake Wylie
The Palisades is a resort style community just 20 miles and 30 minutes to uptown, and has been on my Terry’s Top Ten Communities for Charlotte since 2005. Thankfully, they installed the amenities before this recession hit, and they have enough homeowners for a viable community. However, they have a few large problems areas, and there is a new team coming to address the problems and start anew.
Speaking of amenities- A Private Golf club, an exceptional Tennis program featuring Tim Wilkinson, a stunning swim center, a beautiful clubhouse, Charlotte’s only Boat club-the Carolina’s Boat Club, miles of walking trails, horse trails, creeks and the rolling hills and wooded lots
Like many communities, it has been hit hard by the economic recession. But parts of the Palisades are rebounding, and others are just adjusting to a new price reality.
Homes Sold Under $500,000 at the Palisades
In the under $500,000 market, sales improved nearly 100% over 2008, with only a fractional- under 2%- decrease in average cost per square foot from 2008 levels. Homes in the Palisades sell at a small square foot premium over other similar homes in zip code 28278 at $102 per sf, however the Palisades median price of $389,985 is considerably higher than the 28278 median of $284,803.
Homes Sold for Over $500,000 at the Palisades
Sales in the last 6 months of 2009 in the over $500, 000 category were off by 50%, but prices increased over 2008 by almost 9% to an average of $148 per square foot.
Much of what is left in Ashton Oaks is in foreclosure; 2 on the MLS today and our listing on Grand Palisades is a short sale. There are deals here.
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Need help at the Palisades? With a Charlotte short sale?
We are expert in the sale and acquisition of short sale homes. We know the banks, the situations and the likelihood of success. Call us for a free consult, we can in most cases stop foreclosures. Please note, you can not purse a loan modification and a short sale at the same time, banks don’t do this. If you need to get out, or would like to buy a short sale home, call us direct at 704-351-1519.
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Brookhaven New Homes Amenities- a Flip Camera Adventure
January 2nd, 2010 Categories: Communities Under 750K, Communities Under500K, Terry's Top Ten New Home Communities
I began shooting homes and communities with my new Flip camera in September- I found these clips rummaging through my computer at the New Year… so I thought I’d share, they are better than I first thought.
Congratulations to Brookhaven home sellers with 12 home sales in the 4th quarter of 2009.
Brookhaven in Matthews, has been a long time favorite- a Terry’s Top Ten, for new homes and resales in the $400-$800K price range
the majority of homes are in the $550-$650K. Building by John Wieland began in the 2004, and became their most successful community of all time. The Amenity center is one of those reasons- short of country club, there isn’t any community in Charlotte with better amenities AND it’s better than many country clubs- have look from the outside.
HOA fee’s? Under $1000 per year. That is not a misprint!
Year End Brookhaven Market Report
John Wieland has all but completed sales here- they are down to their last 10-15 lots, some of which, surprisingly are very good. New prices are ranging from the middle 600’s- $659 to $699.
There are 27 homes for sale in Brookhaven from $334,000 (hardiplank) to $950,000, the median is $569,000.
Terry McDonald
704-351-1519
The McDonald Team, Wilkinson and Associates, Broker
Relocation, Distressed Properties, First Homes, Luxury Homes
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Sun City Carolina Lakes Market Report 2009
February 20th, 2009 Categories: Buy A Charlotte Home, Fort Mill SC Carolina Lakes, Terry's Top Ten New Home Communities
Fabulous Sun City Carolina Lakes- It is All About the Lifestyle
Once again Sun City Carolina Lakes led the new home subdivisions in sales in 2008- the Del Webb concept of a self-contained, active adult, golf cart community, just 30 minutes from a major city (Charlotte) with a large airport, in low tax South Carolina, is a bright spot in an otherwise tough year for Pulte Home Corporation, the owners of the Del Webb franchise since 2001.
With over 500 sales, Sun City Carolina Lakes accounts for 5% of the new home sales in the Charlotte area. So How did they do it? The dropped their prices- heavily and gave away a lot of golf carts!
Working from the Carolina MLS we get only a feel for what they sold their as they report only about 15% of their sales in the MLS- enough to keep people and Agents looking online. The Sold data is intriguing, to say the least.
Median Home Sale Prices At Sun City Carolina Lakes Read the rest of this entry »
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Springfield- Amenities, Custom Homes, Open Space, Golf… A Hole In One.
December 3rd, 2008 Categories: About Charlotte, Fort Mill SC Carolina Lakes, Terry's Top Ten New Home Communities
Springfield at Fort Mill, Resort Living 17 Miles From Charlotte NC
Charlotte NCÂ Â Â Fort Mill has seen increasing in popularity- from the immediate success of Baxter Village to the widening of I-77 in SC, to the decrease in property taxes in 2007, Fort Mill, SC (close by Charlotte NC) has been increasing in popularity and Springfield, by Crescent is the latest, and best entry. Maybe the best in Charlotte.
Springfield is a self-contained community of custom homes, built by more than twenty of Charlotte’s best custom builders, set around thae Springfield Golf Course in Fort Mill. A rolling countryside mixes with wooded lots and windy streets to create a peaceful setting- a doctor I was showing homes commented last month that “it was the kind of community that a parent could let their kids ride bikes without fear.” Surrounded by historic properties, the quiet streets of Springfield speak to a time gone by in many places. Award winning Cunnane builders complements the community with their City collection of southern homes at the entry, providing a built in move up market for the custom homes.
Golf is affordable at Springfield, and amenities are King!
A $1900 family membership allows play at any time, to rent a cart is additional, and no minimums. It is a very competitive course… then they added their 5 acre recreation center, 3 pools, 6 tennis courts, clubhouse with party room and fitness center, a full time recreation director staffs the after school programs and runs swim team in the summer.
Activities include, for late November and December:Â Â Ladies night out, Tree Trimming party and Potluck, Kids Movie Night, Weekly craft corner for kids, Family Bowling, a Teen Holiday Party, An Adult Holiday Party, aProgressive cocktail Party and more.
For the outdoor enthusiast, the 2300 acre Ann Close Greenway is across the street,
with trail access from Springfield, this woodland preserve has 32 miles of trails, an equestrian center designed for learning, and 3 lakes- with fish. That’s your backyard if you live at Springfield! As an example, Ballantyne , the whole area is around 2000 acres! Its been given to the city in perpetuity by the Close children, and can never be re-sold. Click to enlarge any of the thumbnail photos.
Crescent-Resources, the development arm of Duke Energy, has developed many of the finest communities in Charlotte. A learning company, each Crescent community represents the accumulated knowledge of the top of their industry, and as they try an make each of their new communities surpass their last one, they have created communities that are unequaled, here in Charlotte, or the rest of the country.
Here are a few of the custom homes– just about every style and elevation, some with basements, from the upper $600’s to $1,000,000, or a little over. Just like everywhere, it is a buyers market on inventory homes!
Lots are from $145K and are about 1/2 acre, and some are still available. There is a good selection of completed or RTC, Ready to Customize homes as well. I’ll have a detailed market report in a few days.
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Moving to Charlotte? Your first Charlotte home?
Have a home buying or home selling questions? I am a Charlotte real estate broker specializing in relocations, 2nd homes and first time homebuyers–buying and selling real estate of all kinds- and will represent only you. We work with Buyers and Sellers every day in Myers Park, Southpark, and Fort Mill too. My team and I know the homes, the communities, and the new home builders. We know what’s hot, what’s not, and where the deals are. I think as you read my posts you’ll see that we understand home buyer needs, from a first time home owner to a luxury home purchaser.
If it’s between the hours of 8 AM to 8 PM, EDT, please don’ t hesitate to call me direct at 704-351-1519. Terry
Related Links
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Charlotte NC| Sun City Carolina Lakes- Over 55 and Active? The Real Deal…
May 27th, 2008 Categories: Fort Mill SC Carolina Lakes, Terry's Top Ten New Home Communities
Over 55, Active Adult Real Estate in the Greater Charlotte Area. If you want amenities, Sun City Carolina Lakes in close-in SC is the real deal.
A client of mine saw this entrance and fell in love. (Pic taken on a fall grey day) That client closes next week! Congrats Nancy and John!
This is Part II of a series on Over 55 Active Adult communities in the “Greater” Charlotte, NC area… see part I, Four Seasons, here. So whats the attraction?
The climate obviously, golf is a 360 day sport here… some have grand kids living in Charlotte, some just think Florida is too hot (and hurricane prone) others love the ridiculously low property taxes…But really, it is all about the lifestlye... all the conveniences of city living in a golf -suburban setting, 25 minutes from a major Southeastern US city. 
Home Sales Starting to Move at Sun City Carolina Lakes
In the last 30 days, 2 homes closed, but 13 went pending- new contracts. Fence sitters are leaving the fence! There are several re-sale homes worth paying attention to, because they are on fantastic lots. I saw these earlier in the week in advance of a client coming to town.
The first is on Legend Oaks, it backs to the woods, and has a finished walkout basement. Almost 3900 sf, 3 be
drooms, 3 bath (easily a 4th if you needed it) the popular Willow Bend model, with stone front… Asking 422,000, I’d try 390K to get started.
Another is on Grandview, just a few doors down from the $500K models and sits on the golf course, this is also a Willow Bend, but with no basement coming in at about 2100 sf. Easy walk to the amenity center, or sit on your deck and watch the golfers go by. Excellent condition, many custom upgrades, sensibly priced at $375,850 , lets try $365,000.
Amenities- let me count the ways…
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The Palisades New Homes in Charlotte NC
March 27th, 2008 Categories: Lake Wylie NC and SC, Terry's Top Ten New Home Communities
Resort Style living at the Palisades, 1600 beautiful acres- golf, tennis, soccer, equestrian, boat club and more…
 this from a press release just out…
Charlotte’s Developer of the Year for two years running sweeps local awards and wins national acclaim while remaining the leading developer of high end new home communities in southwest Mecklenburg County
(Charlotte, N.C., March 27, 2008….) The data is in, and Rhein Medall Communities,
The Palisades, Rhein Medall’s award-winning master-planned golf community above Lake Wylie, led sales in 2007 in the Mecklenburg County section of the southwest growth corridor within the fifth quintile (homes priced $372,000 and above) with 68 closings, averaging $607,000 each, and total sales in 2007 of $41 million. The Palisades opened in 2004 and has consistently been southwest
 Read the rest of this entry »
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Del Webb’s Sun City Carolina Lakes- Homes for Sale, Charlotte Real Estate Market Report
January 10th, 2008 Categories: Buy A Charlotte Home, Fort Mill SC Carolina Lakes, Terry's Top Ten New Home Communities
Sun City Carolina Lake, Del Webb’s extremely successful community in Ft Mill SC, is an easy commute to Uptown Charlotte, the Charlotte Douglas Airport, and just 10 minutes from popular Ballantyne. It is also on my “Terry’s Top Ten New Home Community List.”
Del Webb communities are known for their easy-living lifestyle, great amenities and excellent golf…the 1200 acre Carolina Lakes is no exception. Here are the highlights of this the most popular new home community in the greater Charlotte area: a 40,000 square foot recreation center which includes a billiard room, an exercise room, a half dozen meeting rooms for clubs ranging from poker to poetry, fine arts to woodworking, indoor walking, mileso fout door walking trails, a state of the art exercise room… plus of course an 18 hole golf course, 8 clay court tennis courts, and 4 bocce ball courts! Our Active Adult, over 55 category has several additional stories. This is an over 55 community but an adult child (over 19) can live with and adult over 55.
Sun City Carolina Lakes Homes For Sale
There are 30 homes for sale under $250,000, but over $200,000
There are 12 homes for sale under $400,000, but over $250,000
There are 4 homes for sale under $500,000, but over $400,000
The most expensive? Is a single family with over 4,000 sf, 4 bedroom, 3 bath, new home with an asking price of $494,950.
Like to see some additional Sun City Carolina Lake Photos?
Are you considering a move to Charlotte? Like to see more Charlotte Homes and Communities?
Want more Charlotte information? Search for Charlotte Real Estate…. If you’ve never visited Charlotte, try my video on the right hand column, it is fact-filled and has been well received. Then if you like try some of these category posts…
Fun Things to Do in Charlotte,
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 Charlotte at night 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 TerryMcDonaldRealEstate.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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