Charlotte NC| Two Home Buying Decisions, Negotiations and Great Deals- Part II
June 28th, 2008 Categories: Buy A Charlotte Home, Union County
Spectacular New Homes In Brookhaven in Union County
Last week I wrote about the re-sale home in Providence Downs, this time I’m writing about the deal we made in popular Brookhaven- a John Wieland neighborhood in Matthews-Weddington, on a new inventory home, with a buyer from Rockville, MD. Definitely a tale of a new home builder doing what it takes to get the house sold– and Union county in general, but Matthews, Weddington and Waxhaw remain very popular.
The house was a popular Windsor, a large 3 floor model aggressively priced at $559K, with and unfinished 3rd floor. (Cost to finish was about 28K with bath) A great price, as many of the similar homes- new and re-sales were in the low 600’s, most with finished 3rd floors. This one had 2 issues- one the builder had corrected already (some of the finishes had been below what was expected) and the other was a somewhat smaller yard, with a bit of a privacy problem. With today’s high inventory, and many choices, these at first glance appeared to be deal killers- but not for long.
I knew the yard size wouldn’t be an issue here- my client was happy with the smaller yard (less to mow) and, as we looked at it more closely, we felt the privacy problem wasn’t a huge one- it was a much bigger problem for the neighbor than for this lot- and it wasn’t horrible, it was something that could be dealt with. So, $559? Liking that much better than $629, our next best, but the 3rd floor wasn’t complete… what would Wieland do?
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Charlotte NC| A Tale of Two Home Buying Decisions, Negotiations and Great Deals
June 24th, 2008 Categories: Buy A Charlotte Home, Union County
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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Stratford Hall- A Stunning Custom Community in Very Close-in Weddington
June 17th, 2008 Categories: Union County
Value in Weddington NC Custom Homes- Stratford Hall, Gated Custom Homes from $649,000 to 1.6M.
It is not often that you find such a perfect spot for a community. Surrounded by woods, in the woods, 34 lots and some 40 acres of green space around the edges… Right at the corner of Weddington- Matthews Road and Tilley Morris, minutes to 485 at Providence or the Siskey YMCA in Matthews.
Anyone visiting your home the first time will think you are “in the country,” but wait… no you are not.
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Charlotte NC Real Estate|Homes for Sale: Union Countys Popular Weddington, Wesley Chapel, Waxhaw
June 13th, 2008 Categories: Buy A Charlotte Home, Union County
Homes for Sale Report: Weddington, Wesley Chapel and Waxhaw Areas- Nearby Union County
The town of Weddington is located in close-in Union County, about 15 miles southeast of Charlotte. It’s a town of about 8,500 and is a good mix of small town charm with availability to the big city for the Panther’s games and all the city has to offer… A rural feel, 30-40 minutes out of town. From pretty much anywhere in Weddington it is a short drive to 3 golf courses and 485 at the Providence or Monroe Rd exit. With Providence Road’s widening (underway now) it will bring Weddington even closer.
There are 297 homes for sale in Weddington. They are broken down below by price:
There are 8 homes for sale for under $300,000.
There are 45 homes for sale for under $500,000, but more than $300k.
There are 45 homes for sale for under $800,000, but more than $500k.
There are 99 homes for sale for more than $800,000.
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