New infrastructure projects are happening in Lake Wylie

Many new developments are on the horizon for Lake Wylie, particularly infrastructure projects, which are great for the city, its residents, and the local economy. Most recently, a $1.75 million construction contract was awarded by York County Council for an intersection realignment at SC 557, Griggs Road and Bate Harvey Road, right beside Griggs Road Elementary School. The project should help with the traffic and safety of the area, and it is slated for completion by the end of 2017.

A lane-widening project is also underway at SC 274 and 279, and the $25.7 million  project is expected to be completed in 2020. Another multi-lane widening project of SC 557 that only totals about $4.3 million will also be completed in the same year. As far as this year is concerned, residents can expect a shoulder-widening on Paraham Road, with completion anticipated for this fall.

These infrastructure projects are part of the Pennies program, which has been very successful overall but has faced cost estimate issues. Many projects have turned out to be more expensive than anticipated, and there are discussions on how to fix this. There is a new staff in place overseeing the program, which could assist in making better cost estimates, as well as utilities assessments.

Overall, there is plenty of positive change in the pipeline for the infrastructure of Lake Wylie, and the Pennies project has been widely successful in helping to implement this change. For more details on these infrastructure projects and others and what it means for Lake Wylie as well as York County as a whole, be sure to read the full article at

Neighborhood Spotlight: Oaks of Broadway

The Oaks of Broadway is a new construction community of single-family homes conveniently located just minutes from downtown historic York and the great shopping, dining and entertainment that tithe town has to offer. The local elementary school and high school is close by as is the York Recreation Complex, a Walmart Supercenter and more.

Homes in the neighborhood range in size from approximately 1,300 square feet to just over 2,000 square feet, and offer three or four bedrooms and 2 1/2 baths. Many homes feature two-car garages, vaulted ceilings, open floorplans, patio space, tree-lined backyards and more. Brand new construction homes are slated to be completed in the Spring of this year.

There are currently 13 homes on the market in the Oaks of Broadway representing a whopping 39 months of inventory. Thus, we are definitely looking at a buyer’s market here. York overall has only 4.7 months of inventory, indicating that it favors the sellers. In this neighborhood, however, buyers have the upper hand given the level of inventory. Plus, with an average list price of approximately $136,000, this moderately priced neighborhood is a desirable option for buyers actively looking to purchase.

It is worth noting that there has been a steady although slight increase in the average price per square foot over the last nine months, and the average sales price has jumped a bit in the last six months.

If you are looking for a conveniently located neighborhood featuring new construction homes in York with easy access to downtown and all that the town has to offer, you won’t want to miss the Oaks of Broadway.

Neighborhood Spotlight: Retreat at Sunset Ridge

The Retreat at Sunset Ridge is conveniently located in the Lake Wylie/Clover area of South Carolina. This desirable, tucked away neighborhood features beautiful new construction estate homes that are completely customizable.

Homes in the neighborhood range in size from 2,600 square feet to over 4,400 square feet and can feature anywhere from three to six bedrooms, two master suites, gourmet kitchens, media rooms and more. Residents of the community can take advantage of not only the great school district here, but also of the lower York County taxes.

There are currently six homes on the market here representing 14.4 months of inventory. Thus, the Retreat at Sunset Ridge is definitely a buyer’s market. York County and Lake Wylie as a whole have 4.3 months and 5 months of inventory respectively, indicating a slight favor towards the sellers. However the ample inventory in this neighborhood gives buyers the advantage.

That being said, there has been very little change in the average price per square foot over the last year, with only a slight increase. The current average list price is $447,242.

The community offers easy access to the local public library as well as to great healthcare. Plus, it is conveniently located near Carolina Place Mall, Baxter Village, Rivergate Shopping Center and more.

If you are looking for beautiful new construction homes in a highly sought after part of town, you will not want to miss the Retreat at Sunset Ridge in Lake Wylie.

Lake Wylie eyes Rock Hill’s electric bus plan

There is a new trend in public transportation that is happening just across the Catawba River from Lake Wylie, Fort Mill and Tega Cay, that will hopefully be making its way all around the region. Electric buses are soon going to hit the scene in the city of Rock Hill. These buses not only limit environmental pollution, but they feature Wi-Fi and charging stations in addition to seamlessly connecting residents around the city with downtown stops. Plus, this will be a free service for riders.

With so much development happening in the Lake Wylie area, the options for entertainment, dining and shopping continue to grow while transportation to and from these locations gets more and more difficult. Traffic on the major local highways and thoroughfares  as well as the lack of available parking, is certainly a deterrent.

Public transportation would cut down on traffic, eliminate the frustration of trying to find parking, and would greatly reduce environmental emissions. More so, the public transportation is great for businesses and would be a tremendous boost to the local economy.

There are many details that would need to be worked out among the three municipalities of Fort Mill, Tega Cay and York County. Hopefully, what’s about to get underway in Rock Hill can also become a reality on the opposite side of the river. For more details and information on this project, check out the article at

Neighborhood spotlight: Heron Cove on Lake Wylie

Let’s check in with Heron Cove on Lake Wylie, a private residential community that features beautiful custom homes on a quiet peninsula. Lot sizes here are generous and the neighborhood focuses on preserving the serene quality of the area. Homes average approximately 4,000 square feet and are new-construction masterpieces. They are beautifully charming and immaculately designed with so much attention to detail.

Many homes include impressive features such as arched windows, coffered ceilings, hardwood flooring, recessed lighting, and gourmet kitchens with stainless steel appliances, granite and more.

The neighborhood features a community pool as well as a waterfront park on Lake Wylie where residents can enjoy swimming, fishing, camping, kayaking or picnicing along the shore. There are also plenty of walking trails as well as a children’s park in the neighborhood. Moreover, residents of Heron Cove can take advantage of the Clover School District, which boasts some of the best schools in the state.

Heron Cove currently has eight homes on the market, which represents 8.7 months of inventory. Thus, the neighborhood is trending towards a buyer’s market, especially compared with Lake Wylie and York County overall, which feature 4.6 months and 3.8 months of inventory, respectively.

Furthermore, there has been a drop in the average price per square foot as well as the
average sales price in the last six months, which bodes well for buyers.

This is a stunning neighborhood on beautiful Lake Wylie that you don’t want to miss!

Market Spotlight: York’s Shiloh Farms

Let’s check in with the neighborhood of Shiloh Farms, located in York, South Carolina in the Lake Wylie region. The market here is stable, with very little fluctuation in the average price per square foot of homes and little change in the average sales price.Screen Shot 2016-09-02 at 3.38.01 PM Screen Shot 2016-09-02 at 3.38.09 PM

However, with not a whole lot of sales activity here, inventory is skewing high. There are currently five homes on the market in Shiloh Farms, representing 10 months of inventory. This much inventory indicates a buyer’s market in this neighborhood. Comparatively, the town of York has 5.9 months of inventory and York County as a whole has  5.4 months of inventory, both of which are numbers that represent almost a perfectly balanced market, where we have neither a buyer’s nor seller’s market.Screen Shot 2016-09-02 at 3.37.48 PM

Shiloh Farms offers lovely homes on expansive lots as well as a great community. Plus, the town of York is a great place to live, conveniently located between the I-77 and I-85 corridors. This charming town has an intimate character with a small friendly community. There is a strong sense of history here as well as a quieter, slower pace, which offers a desirable alternative to living in a large metropolitan area like Charlotte. However, if you need to get your big city fix, Charlotte is only a little over an hour drive away. And, if you need to feel like you are on a lake vacation, beautiful Lake Wylie is only a 25-minute drive from Shiloh Farms.

Four out of the five homes currently on the market in Shiloh Farms are at least 3,250 square feet and have no less than four bedrooms and two baths. They are gorgeous properties on beautiful lots.

Check out Shiloh farms!

Major development is happening in York County

Screen Shot 2016-08-28 at 9.28.56 PM

Exciting things are happening in and around the Lake Wylie area, and if you have been thinking about moving to the area, now may be the best time yet.

Development plans are in full swing in York County, with major residential projects on the horizon in Lake Wylie, and plenty of commercial construction happening in Fort Mill, as well. There are currently several hundred acres of land up for review for new construction plans across the region.

The southwest corner of US 21 and Gold Hill Road occupying almost 25 acres is tentatively planned for four commercial 30,000-square-foot buildings, plus another 20,000 square-foot building, as well as plenty of parking.  The property is currently zoned for residential use but rezoning efforts are in the works. This will be big!

There is also a residential subdivision in the planning stages in Lake Wylie on a piece of property owned by Crescent Communities, a very prominent developer. The proposed site is located at SC 49 and Daimler Boulevard, and plans include the development of single family homes.

There are also plans for an apartment complex at the corner of SC 49 and Senator Road, just east on Mill Pond Road. Furthermore, another car wash could also be moving into the Lake Wylie area on a 15 acre lot on SC 49.

So much growth and development throughout York County shows signs of a strong economy here as well as it being a desirable place to live. As the community grows and more residential options become available, the business community will also continue to thrive. For more details on the projects currently underway in Lake Wylie and Fort Mill, read the full article at


June’s numbers reflect a steady drop in inventory

Screen Shot 2016-07-24 at 8.05.27 PMA sellers market continues to prevail in Lake Wylie as well as in the entire Carolina MLS area.  June’s market update from the Charlotte Regional Realtor Association indicates a massive drop in the month’s supply of inventory, down 31.8 percent  from the 2015 June numbers. There was also an 8 percent  increase in the average sales price of homes, and an increase in sales price is a typical result of low inventory. Furthermore, the median sales price of homes has been steadily on the rise since 2012 and the trend is continuing.Screen Shot 2016-07-24 at 8.04.04 PM

Fort Mill’s inventory is also down from June of the previous year, however only by 13 percent. Lake Wylie’s inventory is down 29 percent, and York County’s inventory as a whole is down 28.9 percent.

Closed sales in York County, Lake Wylie, Fort Mill and the entire Carolina MLS area were down for June. However, Lake Wylie saw a lot of activity last month, with pending sales up over 52 percent from the year prior.  Fort Mill’s pending sales were up over 34 percent , and York County’s pending sales were up 32 percent. There was definitely a lot more action in June 2016 than there was in June 2015, also indicating a strong seller’s market.

With strong sales as well as a steady drop in inventory in the region, the average sales price continues to rise and sellers are seeming to have the upper hand.

June’s regional stats are fairly indicative of national real estate numbers. Inventory is low in many major markets across the country and housing prices are climbing.

Stay tuned for next month’s market update and a look at the region’s trends.