What Will $1,000,000 Buy You In Charlotte NC?
Charlotte has, for years, attracted a number of boutique architects and developers. These talented architects may design just one or two luxury communities, which are immediately classified as luxurious simply by virtue of their style, high-end appointments and location. These ‘pocket communities’ are scattered throughout Charlotte, some of which command fairly high prices. Others design larger communities, including Charlotte golfing communities, lake front communities and gated communities.
We are seeing quite a movement in the luxury homes in Charlotte. Despite the fact that Charlotte was, and still remains, one of the most stable real estate markets in the nation, we experienced a bit of a dip in all home values during the recession, as well as a significant increase in supply, contributing to making luxury homes in Charlotte more affordable. With a reduction in inventory beginning in 2012, we are now seeing more movement in our high-end market.
Finding a more affordable million dollar property in Charlotte NC with all of the bells and whistles, is not as difficult as it once was but, prices are rising and homes in the Charlotte luxury neighborhoods are commanding higher prices than even one quarter ago! Needless to say, sellers are not complaining and buyers are still getting tremendous homes for less than in 2005, 2006 and 2007 prices.
Charlotte luxury homes abound in the area and there are numerous luxury communities in Charlotte where a million dollars can buy you the home of your dreams including:
Ballantyne Country Club
Barclay Downs
Carmel Park
Courance
Dilworth
Dovewood
Eastover
Foxcroft
Heydon Hall
Longview Country Club (Waxhaw/Weddington Area)
Marvin Creek (Waxhaw/Weddington Area)
Morrocroft Estates
Myers Park
Old Foxcroft
Pellyn Wood
Pharr Acres
Piper Glen
Providence Downs South
Quail Hollow
Rutledge Grove
Seven Eagles
Sharon Hills
Skyecroft (Waxhaw)
Stonecroft
The Sanctuary
Town & Country
Wheaton Grove
A drastic reduction in mortgage rates, as well as home prices/values in the area are giving way to Charlotte luxury home buyers’ AND sellers’ dreams. If you’re seeking to make a sound investment in luxury properties in the Charlotte NC area, now is a great time to make a solid investment.
What will a million dollars buy you in Charlotte NC? Let us help you find your million dollar luxury home in Charlotte NC – we are Charlotte luxury home specialists.
What defines luxury in a Charlotte NC luxury home? Luxury is in the eye of the beholder–the owner. Charlotte luxury homes vary widely in their styles and prices but, there is something for everyone, on every level of luxury, here in the area!
**The home at 1800 Smarty Jones DR pictured above (sorry, too late!) was over 9,100 square feet of amenity-filled luxury in popular Providence Downs South–sold at list price with multiple Offers!
***The home at 206 Woodswail Court is located in the Skyecroft community – a gated, luxury community filled with amenities, was also sold by The Maxwell House Group.
© Debe Maxwell | The Maxwell House Group Real Estate | DebeM@remax.net | What 1000000 Will Buy You in Charlotte NC | Luxury home sales in Charlotte NC