Featured Listing: 13 Longbow Court

A great opportunity to own a condominium just came on the market in Lake Wylie. This unit at 13 Longbow Court is located within the gated community of River Hills in the Bluff Villas complex. Everything in this end unit has been tastefully updated, from the kitchen to the bathrooms, to the bedrooms. This home is sure to be the private serene retreat you have been looking for.

This home features abundant natural light from the many windows including a wall of windows in the living room. You can cozy up to the fireplace in the winter, and watch the birds in the trees outside. You will be able to stretch out in the three bedrooms and two and a half bathrooms in just over 1,900 square feet of living space.

Resort style amenities are a hallmark of River Hills and residents can make use of all of them. There is a private pool, park and marina just a short walk away that are just for Bluff Villas. In the wider neighborhood you will find 24-hour security, golf course, marina, rented boat slips, dog park, beach, park, playground, fitness center, tennis courts, sidewalks, streetlights, and country club.

Homeowners here enjoy the lower South Carolina taxes and award winning Clover schools. The neighborhood was originally built in the 1970’s and has cool retro styling. Units are multi-story with vaulted ceilings making the spaces feel grand. Each unit has a large storage/utility room to store water toys to help make full use of the lake.

The location of this home is truly perfect. It sits off Hamilton Ferry Road close to Highway 49. This means residents have quick access to shopping, dining, and they are close to the Buster Boyd Bridge making a trip to Charlotte within easy commuting distance.

This home is move-in ready, so if you would like to schedule a private tour, call us at 803-831-8558. You can view all current listings and create custom searches on our website here.

See our full write up of Bluff Villas here.

Holiday Events Calendar

If you’re like us, you love the holiday season and everything that goes along with it. The parties, the music, the food, the celebrations, and events are all great reasons for the community to gather. Even if you just like driving around neighborhoods looking at lights, that’s a great opportunity to meander down streets and potentially spot a perfect home for sale.

Here are some of our favorite community events:

  • Lake Wylie’s annual boat parade December 14th from 6:30 – 7:30 pm. Located at the Buster Boyd Access Area, near Papa Doc’s. The boats will circle in front of Riverpointe and pass the Lake Wylie boat landing so both are great viewing points.
  • Rock Hill’s annual Christmasville festival is Dec. 5-8 and will include events for children and adults. Events include gingerbread contests, crafts, rides, live shows, chances to meet Santa, a petting zoo, food, carriage rides and carnival. The lighting of Winthrop University’s magnolia tree is 6 p.m. Dec. 6, followed by the city of Rock Hill Christmas Parade at 6:30.
  • Historic Brattonsville is open for candlelight tours. This historic site helps you learn how the holidays were celebrated in the 18th and 19th centuries. Tours are $10 or are free if you are a Culture and Heritage Museum member. Make your reservation online. Tours are from 3 to 9 p.m. Dec. 7 and Dec. 14 at 1444 Brattonsville Road in McConnells.
  • Tega Cay’s Christmas tree lighting and candy cane hunt is 6 p.m. Dec. 7 at the Glennon Center, 15083 Molokai Drive. The Fort Mill High School and Tega Cay Elementary chorus will sing Christmas carols as guests enjoy hot chocolate, cookies and a visit with Santa.
  • If you love the circus, visit the city of York’s 80th annual tree lighting and Christmas parade is from 4 to 9 p.m. Dec. 6 at 43 N. Congress St. where the circus is the theme. Enjoy bands, circus performers, animals, and floats. Santa will be in attendance for photos and there will be activities for all as well as food available.
  • Winterfest at Carowinds theme park transforms the park into a holiday wonderland. Open weekend nights Nov. 24th until Dec. 31st. There are performances, parades, and much more. Tickets are required and can be purchased online.

And if you spot that perfect home while you are out and about this holiday season, give us a call at 803-831-8588. We can schedule a private tour and help you navigate the process of purchasing your next home. You can view current listings on our website here and plan out your private tour of homes.

Neighborhood Spotlight: Campbells Crossing

For the equestrian, there is no better neighborhood than Campbells Crossing in York, SC. The neighborhood is centered around horses, but has amazing single-family homes as well. This exclusive community is the best of country living and is perfect for horse lovers who don’t want to maintain a large farm. It is situated off of Charlotte Highway 49 near the intersection of south Paraham Road.

Campbells Crossing is located on the Northeast side of York, SC. Downtown York is just about 15 minutes away. Lake Wylie is just 15 minutes to the Northeast. A trip to Uptown Charlotte will take around 45 minutes and it’s just about 40 minutes for a trip to Charlotte Douglas International Airport.

There are just 156 homes in the community, but each sits on a lot between 2 and 10 acres so you have room to pasture your horses. There are amazing trees in the neighborhood so you will have plenty of privacy. Miles of equestrian trails wind through connecting the property and taking best advantage of the picturesque setting.

In the past year, only 8 of these homes changed owners. Homes have between 3 and 4 bedrooms and 2 to 3.5 bathrooms. These homes have between 1,500 and 2,800 square feet of living space with plenty of room to add on if necessary. With so much acreage, many homes have swimming pools, outdoor kitchens, and other outdoor living spaces. The average sale price last year was just over $300,000. There are currently no homes for sale in Campbells Crossing.

If you are interested in purchasing a home in Campbells Crossing, call us at 803-831-8588 and we will notify you as soon as a home is listed for sale here. You can view current listings and create custom searches on our website here.

Explore Braylee Brook Farms

If you’re looking for an amazing home with a large lot and plenty of privacy close to downtown York, SC, Braylee Brook Farms is the place for you. Braylee Brook Farms is located right off Chester Highway behind Celebration Place Church of the Nazarene. This means it takes only 9 minutes to get into downtown York, and about 20 minutes to the south end of Lake Wylie. A trip into Charlotte will take around an hour as will a trip to Charlotte Douglas International Airport.

These newer homes in Braylee Brook Farms are spacious and some homes have vaulted ceilings that make the space feel even more grand. Homes were built between 2012 and 2016 and most of them show like brand new. They have 3 or 4 bedrooms and 2 bathrooms and have between 1,200 and 1,900 square feet of living space.

The land is where you really get the best of the country. Homes sit on lots that are at least an acre in size with some lots well over 2 acres. Many of the homes sit on highly desirable cul-de-sac lots. There are amazing old growth trees throughout the neighborhood and there is even a private pond on a neighboring property that you can use with the owner’s permission.

In the past year, only 5 homes came up for sale in Braylee Brook Farms. They sold quickly, only staying on the market between 2 and 11 days before going under contract. This means that you have to be ready to act quickly when one of these great homes hits the market. Homes sold for between $183,000 and $256,900.

There are currently no homes for sale in Braylee Brook Farms, but there is an amazing property up for sale where you can build your own home. The property is 25.32 acres and is perfect for anyone wanting to build your own horse farm.

If you are interested in purchasing a home in Braylee Brook Farms, call us at 803-831-8588. You can view current listings and create custom searches on our website here.

Get to Know English Garden Park

English Garden Park is a great spot just on the Northeast side of York, South Carolina. This small neighborhood is affordable, cute, and close to everything you need. There are currently no homes on the market in English Garden Park and only 5 homes sold there in the last year so you have to be ready to jump on one of these great homes when they come on the market.

Homes in English Garden Park were built between 1997 and 2005. They typically have three bedrooms and two bathrooms and around 1,200 square feet of living space. Many of the homes have been partially or completely updated since they were built. Lots are large, with each home having between a third of an acre to over three quarters of an acre. This leaves plenty of room for outdoor living and provides great privacy. Homes typically sell in the $160’s and $170’s.

Currently there are four lots available in the neighborhood ranging from just over half of an acre all the way up to .71 of an acre. These lots can be sold separately, or together to total just over 2 acres. The lots are listed for between $7,500 and $8,000.

English Garden Park is conveniently located just off Highway 49 and Alexander Love Highway. Just five minutes away is downtown York with many places to shop, eat, or gather as a community.

If you are interested in purchasing a home or land to build a home in English Garden Park, call us at 803-831-8588. You can view current listings and create custom searches on our website here.

Neighborhood Spotlight: Carolina Coves

If you haven’t taken a look at Carolina Coves in Lake Wylie, now is your chance. This amazing neighborhood features custom homes on large lots on the South Carolina side of the lake in York County. This picturesque spot has luxurious single-family homes in a serene setting, perfect for a relaxing retreat. The neighborhood features walking trails, common green space, and is zoned for award winning Clover schools.

Carolina Coves is located off of Pole Branch Road just down the road from Daniel Stowe Botanical Gardens. There are many nearby options for shopping, dining, and entertainment. A trip into Uptown Charlotte takes around 35 minutes and a trip to Charlotte Douglas International Airport takes around 25 minutes.

Currently there are no homes on the market in Carolina Coves, but one is coming soon. There is also one lot for sale, but it is under contract. The home coming soon has 4 bedrooms and 3.5 bathrooms and over 4,400 square feet of living space. It also has a large lot, over an acre, with an in-ground salt water swimming pool with spa. It is sure to go quickly and is expected to start showings this weekend.

In the past year, only 4 homes sold in Carolina Coves so that truly shows how desirable this neighborhood is. Those 4 homes were all 3,800 square feet and above and sold for an average of $636,250. They have 4 or 5 bedrooms and up to 6 full bathrooms. Many of the homes have luxury features such as gourmet kitchens, salt water pools, 3 car garages, butler’s pantries, extensive woodwork, and spa-like bathrooms.

If you are interested in purchasing a home in Carolina Coves, call us at 803-831-8588. You can view current listings and create custom searches on our website here.

 

Resort Lifestyle at The Vineyards

Resort style amenities lure people into The Vineyards, but the premier community keeps them there. This wonderful spot is just 20 minutes from Uptown Charlotte, and only 8 minutes from Charlotte Douglas International Airport. This unique neighborhood has great homes, and the laid-back lake lifestyle.

The neighborhood was built between 2008 and there are still some new construction homes available. There are both single-family homes and townhomes available so there are perfect options for every size and type of family. They are perfect for young families with kids, and young professionals, as well as empty nesters or those looking to downsize. Homes have between three and six bedrooms and 2.5-4 bathrooms. In the past year homes sold for between $210,000 to $525,000.

These homes have open floor plans and large windows letting in abundant natural light. Expect chef’s kitchens, spa-like bathrooms, and great storage spaces. Many of the homes have extensive woodworking, home offices, custom cabinetry, and many other unique small details.

The resort style amenities for The Vineyards include groomed walking paths, canoe and kayak dock, community boat docks, deep water boat launch, and parking lot area for cars and boat trailers. To fully enjoy your time on the lake, there are lakeside decks and picnic areas with grills on the boardwalk along the mile of waterfront. There is a secured playground area for children, outdoor family pool with splash area and super slide. A second outdoor pool has lap lanes. Residents can also enjoy the pavilion, changing rooms, and clubhouse with fitness area. There are also pickleball courts, bocce, and a fenced dog park with separate areas for big and small dogs.

If you are interested in joining the community in The Vineyards, give us a call at 803-831-8588. To view current listings, first check out our website. You can create a custom search and if you are interested in a particular neighborhood but don’t yet see the home of your dreams, we can let you know as soon as new listings are placed for sale.

October Market Report

The monthly report has been published with data from the Carolina Multiple Listing Services, Inc. The report is compiled by the Charlotte Regional Realtor Association which reports on the entire Charlotte metro area including parts of South Carolina. The report is clear, the trend in the Charlotte area is continuing once again. For yet another month, supply of homes has gone down while prices have risen. This is great news for sellers, as they can expect to receive top dollar for their homes, but it is continuing to be hard on buyers as they have to be ready for a home as soon as it hits the market and be ready to pay top dollar.

When you look at the numbers for Lake Wylie, supply is falling and prices are still on the rise as well. Additionally, there are not many new listings compared to last year at this time so it is unlikely that the supply of homes on the market will recover soon. In fact, the supply of homes is down to just a 2.8 month supply, down from a 4.1 month supply last year. This decline of 31.7% brings the Lake Wylie area more in line with the rest of the Charlotte area. A balanced market between buyers and sellers is typically considered to be about a 4 to 6 month supply of homes so sellers have a distinct advantage at the moment.

Prices have been rising as the supply of homes dips which is a basic rule of supply and demand. The median sales price rose from $346,000 last year to $365,000 this year. The average price for a home sale rose to $438,669 which is getting closer to the average price in Lake Norman which was $498,318, just shy of $60,000 lower.

Closed sales were up from 62 last year to 121 this year, an increase of 95.2%. Pending sales were also up from 98 last year to 133 this year, an increase of 35.7%. New listings were down from 126 last year to just 110 this year, down 12.7%.

If you would like to help bring the new listing number higher by selling your home, give us a call at 803-831-8588. If you are interested in buying a home, first check out our website to view current listings and create a custom search. If you are interested in a particular neighborhood, we can let you know as soon as new listings are placed for sale.

Fed Cuts Rates Again

This Federal Reserve cut interest rates this week, the third such cut this year. The US economy is slowing due to trade disputes so they cut the rate to help spur additional growth. The rate affects the cost of mortgages, credit cards, and other borrowing instruments. This appears to be the last such cut in the foreseeable future as Federal Reserve Chairman Jerome Powell said the current level is “likely to remain appropriate”.

This cut in rates is good for homebuyers as it means that the rates for mortgages should stay low. This means that many people who couldn’t afford a mortgage may be surprised at how much home is in their budget. If you are interested in purchasing a home, getting pre-qualified for a home mortgage is one of the best first steps you can take. This will help you to realize just how big of a mortgage the bank is willing to extend to you. This should be one of the most important factors to steer your home search.

Once you are pre-qualified to purchase a home, give us a call at 803-831-8588 and we can help you to narrow your search to find the perfect home for you. There are so many listings that it can be overwhelming, so call us and we will set up a meeting to define your search terms. Once we have identified potential candidate homes, we will schedule a private tour of homes so you can see if the reality of a home matches the photos you can view online.

The other category of people helped by lower rates is current homeowners. If you are stuck in a mortgage with a high interest rate, refinancing is a great option. There are many different types of refinance products available from reducing the term of years for repayment, to providing cash to the owner from equity to use to remodel your home, to just lowering your rate to reduce your monthly payment.

If you’re ready to purchase a home, be sure to create a custom search on our website here for all current listings. We are ready to help you take advantage of these great low rates so you can be in the home of your dreams.

Return on Investment High Near Lake Wylie

This week the Charlotte Business Journal published their rankings for the zip codes that had the best return on investment over a 10 year period. They used data compiled by Zillow Group ranging from the middle of the recession 10 years ago until this August. The methodology took the median home price from ten years ago assuming a 10% down payment. They compared to the same figures for this year to determine the change.

Sometimes it’s hard to think of your home as an investment, but you never want to think that it’s not a good one. Luckily homes around Lake Wylie fared well in the reporting. They only looked at North Carolina, so we don’t have the figures yet for the South Carolina side of the lake. Here are the zip codes nearest the lake that ranked in the report:

28012 – Belmont in Gaston County came in at number 19, with a median home value of $211,700. The area encompasses the city of Belmont all the way south to Daniel Stowe Botanical Gardens, and the North part of Lake Wylie. This is an increase of 50% or $70,500. This puts the 10 year return-on-investment of 399%.

28214 – This zip code is in west Charlotte, north of the airport and includes the US National Whitewater Center. It came in at number 11. The median home value was $184,300, an increase of 56% or $66,500. This puts the 10 year return-on-investment at 465%.

28273 – This is another west Charlotte zip code that came in at #18. This area is Steele Creek on the eastside of Lake Wylie. The median home value of homes here was $216,300. There was an increase of 51% or $72,600. This translates to a 10 year return-on-investment of 405%.

If you would like to have us help you figure out the return-on-investment for your home, call us at 803-831-8588. We can help with the entire process of buying or selling a home. Be sure to check out our website here for all current listings.

To see the full Business Journal Article click here.