Archives for October 2016

Neighborhood spotlight: Mill Creek Falls

Let’s check in with Mill Creek Falls, a master-planned community that features an active homeowner’s association and plenty to do all year-round. This beautiful and well-maintained neighborhood is located in the town of Clover, so residents can take advantage of the fantastic Clover school district as well as South Carolina’s low taxes. Plus, its close proximity to Charlotte means residents have easy access to big-city perks without having to live in the middle of the hustle and bustle of the city. Furthermore, being so close to Lake Wylie means easy access to boating, fishing, water sports and more.

The neighborhood is conveniently located near Lake Wylie’s best shopping, dining, grocery stores, fitness and recreation. The community features a swimming pool, playground, walking trails, tennis courts, and a clubhouse, all perfect for families.

Mill Creek Falls has 3.1 months of inventory represented by nine homes on the market, so we have a seller’s market on our hands here. Comparatively, Lake Wylie has 5.2 months of inventory and York County has 4.8 months of inventory, which SKU towards a more balanced market.

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Market stats in Mill Creek Falls show almost no fluctuation in the average price per square foot, however the average number of homes sold per month has been steadily increasing over the past year.

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Homes here average between 2,000 and 4,000 square feet, with most homes that are currently on the market featuring four bedrooms. The average list price is $270,967, and most homes for sale here do not stray far from that average.
This is a fantastic community in a stable market and may be your perfect Lake Wylie neighborhood. Check it out!

 

 

 

Lake Wylie gets ready to welcome Moe’s

screen-shot-2016-10-30-at-9-36-34-pm“Welcome to Moe’s!” Lake Wylie is going to be hearing a lot more of this starting on November 4 when Moe’s Southwest Grill opens at 312 Bulkhead Way.

The official grand opening at 11 AM on November 4 will offer the opportunity for the first 100 customers to get a burrito per week for a year. A fundraiser will also be taking place on opening day titled “Pay What You Want Day” focused on raising money for local schools, and the school that raises the most money will receive an additional thousand dollars courtesy of Moe’s Southwest Grill.

Furthermore, as part of the restaurant’s grand opening launch, a sneak peek fundraiser will be taking place on November 3 prior to the restaurant’s official opening to benefit Lake Wylie Children’s Charity. Moe’s Southwest Grill will be hosting an all-you-can-eat buffet, and the $10 charged per meal at the event will go to the local charity that serves children and their families who face life-threatening medical conditions. Plus, kids who attend can eat free with the purchase of an adult entrée.

Moe’s Southwest Grill is a fast casual Tex-Mex restaurant operating over 600 locations in the United States and offering a menu of fresh, fun, all-natural items including burritos, quesadillas and more.

There are lots of new development plans for the same location as Moe’s, including Lee’s Hoagie House, Mathnasium, SportClips,TK Nail Bar and Morningstar Mini-Storage. Also under construction is a dental office across Nautical Drive and an additional dental office across Latitude Lane.

Plenty is on the horizon as far as new businesses go in Lake Wylie, but for now, residents can get excited about some pretty great burritos.

Check out the full article at heraldonline.com for details.

Market spotlight: Belmont’s South Point Ridge

Let’s check in with South Point Ridge in the town of Belmont, which features spacious new construction single-family homes on beautiful lots with an average sales price of approximately $270,000. This lovely neighborhood features a community pool and playground, making it great for families. Plus, the community is located just behind South Point High School.

Residents here can take advantage of all that Belmont has to offer. It is a charming town that is small, yet thriving, and offers a fantastic quality of life. Residents can enjoy a slower pace while taking advantage of a stroll through historical shops, fantastic local dining, and plenty of downtown community festivals. Belmont is located at the northern end of a large peninsula that has Lake Wylie to the south, the Catawba River to the east, and the South Fork of the Catawba River to the west. Thus, it is surrounded by lots of natural beauty, with plenty of water, rich forests, and rolling hills. It is full of southern small-town charm, yet is within close proximity to Charlotte for all of the big-city amenities you could want.

This growing South Point Ridge neighborhood has a very steady housing market with notably little fluctuation in the number of homes sold per month, in the average sales price of homes, or in the average price per square foot, which has not strayed far from $95. This consistency indicates a very stable market, which is attractive to both buyers and sellers.

With only four homes currently on the market, there is only 3.4 months of inventory in South Point Ridge, indicating a sellers market. This is lower than the inventory in Belmont or in Gaston County as a whole, which are also sellers markets.

Belmont, North Carolina, is a wonderful town that is definitely worth exploring.

 

Shipt partners with Harris Teeter for grocery delivery in Lake Wylie and Fort Mill

Grocery shopping is about to get a little easier and a lot more convenient.

Lake Wylie and Fort Mill are just two of the Charlotte towns who can benefit from Shipt, a grocery delivery service that is now delivering from 50 Harris Teeter stores throughout the Charlotte area.

Shift began its service throughout Charlotte originally only delivering from Publix stores last September. But the service has been widely popular and is expanding now to the Harris Teeter chain for delivery.

Charlotte region residents love Harris Teeter, and Shipt wanted to capitalize on that. Shipt provides service for an annual fee of $99 for orders of at least $35. As part of its launch with Harris Teeter, the company is offering $25 in free groceries to annual members who sign up prior to the launch of Shipt in their area.

Shipt offers both a desktop and mobile app that allows shoppers to peruse online the selection of groceries at their local Harris Teeter. Once shoppers select their groceries, they choose a delivery option and then check out. It is fast, simple and convenient. The service offers same-day grocery delivery, as soon as one hour after the order is placed, and delivery is free for members on orders over $35. There is a slight difference on Shipt’s item pricing versus standard in-store pricing.

In addition to providing a tremendous convenience, Shipt’s new partnership is creating jobs, as the company is currently hiring more shoppers to keep up with the increase in grocery stores and coverage areas. If you are interested in applying, visit the website at shipt.com. And, for more details and information on the Shipt and Harris Teeter partnership, read the full article at CharlotteObserver.com.

 

Market spotlight: Lake Wylie’s Autumn Cove

screen-shot-2016-10-17-at-9-18-55-pmAutumn Cove at Lake Wylie might just have everything you have been searching for in a community. With competitively priced homes in a beautiful neighborhood and plenty of waterfront options, Autumn Cove also offers an easy commute to Charlotte, Gastonia or Rock Hill. The neighborhood features relatively new construction homes generously sized with an average price point of approximately $228,000.

Because Autumn Cove is located in the charming town of Clover in York County, residents can take advantage of South Carolina’s low taxes as well as the  fantastic and desirable Clover school district, making this neighborhood great for families.

We are looking at a seller’s market in Autumn Cove, with six homes currently on the market representing 3.1 months of inventory. This is lower than the inventory in Lake Wylie and York County overall, which have 5.1 months of inventory and 5.3 months of inventory respectively.lw

The market here is stable with very little fluctuation in the number of homes sold per month, in the average sales price of homes, or in the average price per square foot. The average price per square foot has hovered around $94 for the past year, with an average sales price not straying far from $224,000, and approximately two homes selling per month.lw1

Autumn Cove at Lake Wylie is a great neighborhood with plenty to offer and perhaps has everything you’ve been looking for. Plus, Clover offers a small town feel with big city conveniences and easy access to fantastic shopping, dining and entertainment.

Check it out!

 

Fort Mill’s development plans continue to…develop

screen-shot-2016-10-16-at-5-43-38-pmscreen-shot-2016-10-16-at-5-37-54-pmIn local development news for Fort Mill, the town’s plans continue to push forward, but Council approvals and re-zonings are still in the works.

Fort Mill Parkway will potentially be the site of 75 new homes at Whites Road across the street from what will be the future location of the new Fort Mill district high school. What will most likely be 75 new homes was potentially going to be 670 new apartments, but town planners agreed that less construction and less density would be more ideal, given the proximity to the new school location.

Also, Fort Mill Town Council recently passed a rezoning and development agreement on Fort Mill Parkway occupying almost 45 acres, as well as an agreement to annex 208 existing homes at Huntington Place that are situated on approximately 49 acres.

Moreover, as part of a Main Street revamp, the Town Council accepted $5,000 to renovate or restore new facades there. A grant program was also recently approved by the town for facade improvements with $15,000 set aside for the first year and matching grants dedicated primarily to businesses on Main Street, with the hopes of reinvigorating but maintaining the historical integrity of the area.

In a separate project, a recent pushback from the Town Council on the annexation and development agreement dates, The Carolinas Healthcare System property at Fort Mill Parkway and Tom Hall Street still needs further approvals before It can move forward with its plans to put a multistory medical building there.

For more details on the town plans for Fort Mill, be sure to read the full article at Heraldonline.com.

 

Neighborhood Spotlight: York’s Lauren Pines

screen-shot-2016-10-09-at-4-02-38-pmIf you are looking for a new construction home in a lovely York County subdivision, Lauren Pines might just be the perfect fit. It is a quiet community that offers tranquil country living surrounded by hundreds of acres of farmland and woodlands. Home prices currently listed range from $282,900-$347,900 and offer large lots with plenty of privacy and space.

There is no lack of biking and hiking trails throughout the community, and there are limitless opportunities to view the wildlife in the area. And while Lauren Pines offers a relaxed, country lifestyle, it is still conveniently located just minutes away from I-85, which provides direct access to Charlotte. Gastonia is also just a 20-minute drive and offers lots of fantastic shopping and other conveniences.  Plus, Lauren Pines residents can take advantage of South Carolina’s low taxes.

If you are looking to buy, Lauren Pines currently has six homes on the market representing 18 months of inventory.screen-shot-2016-10-09-at-4-20-03-pm This level of inventory is notably high as home sales have been slow, especially compared with the inventory in York County as a whole, which has five months of inventory.

While we definitely have a buyer’s market in Lauren Pines, there has been a slight uptick in the average price per square foot of homes in the past three months. The average sales price however, has seen a slight drop.screen-shot-2016-10-09-at-4-20-08-pm-1

This is a beautiful neighborhood that offers a blissful escape from the congestion of the packed suburbs and the busy city. Take a look at all Lauren Pines has to offer.

 

York County development is thriving

screen-shot-2016-10-09-at-8-38-29-pmThe Lake Wylie real estate market and local economy continue to thrive as the area welcomes new businesses as well as new housing developments.

York County is moving forward on the development fast track with plenty of new restaurant openings, grocery store openings and residential construction on the horizon in Lake Wylie and Fort Mill. There have been a lot of discussions between county staff and property developers with regard to what’s next.

A new single family subdivision is in the preliminary planning stages at SC 49 and Daimler Boulevard on more than 430 acres of land owned by Crescent Communities. Moreover, 5800 Charlotte Highway is a possible new site for a gas station, convenience store and used car lot.

Furthermore, Lakeside West Center will soon be home to a multi-tenant retail center at 429 Blucher Circle. A new restaurant could be joining the shopping plaza at 131 Evergreen Road, and a Captain D’s may go in at the Shoppes at the Landing. The Pleasant Road area of Fort Mill is also going to be home to a new German-based Lidl grocer.

As far as recreation is concerned, a new swim center is proposed for 3354 Highway 160 West on a seven-acre lot, and a gymnastics center is proposed for Maxwell Road off of Pleasant Road in Fort Mill on two and a half acres.

There is more than enough to keep your eye on here, and for more details and information on all of the exciting new commercial and residential developments happening in Lake Wylie, Fort Mill and the surrounding area, read the full article at Heraldonline.com.

http://www.heraldonline.com/news/local/community/lake-wylie-pilot/article105247311.html

Market report: Waterfront sales

screen-shot-2016-10-02-at-4-47-13-pmLet’s take a look at the year-to-date numbers for waterfront properties in and around the Lake Wylie area.

With the first three quarters of the year under our belt, the housing market, and particularly waterfront sales, are looking good for Lake Wylie and the surrounding region.

Year-over-year numbers indicate that the average number of homes sold per month are up, with 105 homes sold so far in 2016 (approximately 12 homes sold per month) as compared with only 91 homes sold through the third quarter in 2015 (approximately 10 homes sold per month).

Furthermore, the average list price has increased from $548,000 in 2015 to $608,000 in 2016, the average sales price has increased from $525,000 in 2015 to $580,000 in 2016, and the average price per square foot has increased from $172 in 2015 to $190 in 2016.

Even though the current number of waterfront homes on the market, 130 to be exact, represents 10.8 months of inventory which would be considered a buyer’s market, the year-over-year numbers reveal positive trends for sellers. Plus, based on what is on the market now in Lake Wylie and the surrounding region, the average price per square foot is $221 and the average list price is $875,000, and both of these numbers are notably higher than last year’s numbers at this time.

In the first three quarters of 2015, homes spent an average of 124 days on the market, and in 2016 homes spent an average of 142 days on the market, indicating slightly less activity this year and a sign that buyers may have the upper hand now.

So, while, inventory points to favoring the buyers, other stats are looking favorable for sellers. It’s a win-win!