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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
University City

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.

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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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