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Neighborhood Spotlight: The Coves on River Oaks

June 22, 2019 by lkw_df Leave a Comment

Just two miles North of the Buster Boyd Bridge sits the beautiful neighborhood of The Coves on River Oaks. This fabulous location is home to 160 homes situated within the 250-acre planned development. There is great proximity to the lake with many homes having water views and some with water frontage. There are many options nearby for shopping, dining, and entertainment as well as public boat ramps for water access.

May Green Properties was the developer on The Coves on River Oaks, though homes were built by a variety of custom home builders. This helps each home to feel unique through design, features, building materials, and style. Lots are large, all are over one acre and many over two acres. The large lots accommodate grand homes with most homes in the 3,800-4,900 square foot range.

Homes in The Coves on River Oaks typically have between 4 and 5 bedrooms and 3.5-4.5 bathrooms. Many of these homes have home offices, media rooms, bonus rooms, flex spaces, gourmet kitchens, butlers pantries, and outdoor living spaces including many with private pools.

There are currently 4 homes for sale in The Coves on River Oaks and all are currently under contract. These homes are highly desirable and go under contract quickly. Price ranges for these listings is from $545,000 to $925,000 with the premium price going to a waterfront property. In the past year homes sold for between $515,000 and $679,000 though none was a waterfront listing.

Desirable schools are another draw to The Coves on River Oaks as current zoning is for award winning Clover Schools. Residents also enjoy lower South Carolina taxes. All this and more within commuting distance to Rock Hill, Fort Mill, Gastonia, or Uptown Charlotte.

If you are interested in learning more about The Coves on River Oaks, give us a call at 803-831-8588. You can create custom searches and view current listings on our website here.

To read more about The Coves on River Oaks, click here.

Take a Closer Look: Masons Crossing

June 22, 2019 by lkw_df Leave a Comment

Right on the waterfront of Lake Wylie you will find a wonderful community of Masons Crossing. This spot is great as highway access is just 15 miles away. This means that you get a waterfront retreat within commuting distance to Uptown Charlotte. There are also great options nearby for shopping, dining, and entertainment. Also convenient are Carowinds, Fort Mill, Rock Hill, and Charlotte Douglas International Airport.

Homes in Masons Crossing are grand in scale and have estate sized lots. These custom homes are stunning and have amazing features making each home unique. Waterfront lots command a premium, but are worth every penny with amazing year round views in addition to boat houses, floating docks, stunning decks and porches to capture the lake lifestyle.

Masons Crossing is currently zoned for award winning and desirable Clover schools. Residents get all of this and lower South Carolina taxes. In the past year, homes in Masons Crossing sold for between $442,000 and $1,275,000. Homes typically have between 2,500 and 7,300 square feet of living space.

With five homes currently on the market, Masons Crossing currently has a 15 month supply of homes. This is compared to the 6.4 month supply for the whole of Lake Wylie and the 4.8 month supply in York County. This means that Masons Crossing is in a buyers market at the moment.

To view additional information about Masons Crossing, click here. To schedule a private tour of homes in Masons Crossing, call us at 803-831-8588. To view all current listings and create custom searches, visit our website here.

How to Tell If You Should Fix Before Listing

June 14, 2019 by lkw_df Leave a Comment

One of the most important things you will do before listing your home for sale, is to evaluate if you need to make repairs. It can be hard to know if a repair is worth making or if you should leave it for the next owners. Houzz.com published a list that can help you through the process.

The first step is to figure out more about the market in your area. Having a Realtor on your team is great at this point as they can help you to know the market, and know the condition and upgrades in homes in your area.

They can help you find out if homes selling quickly or slowly. Are sellers getting more than asking price, or are homes selling at a discount. Are most of the homes updated already, or are they fixer-uppers. Are you looking for a quick sale or are you willing to wait a little bit longer for the perfect buyer?

Once you decide if you are going to fix your home, you need to see if the repairs you need to make are worth making. Is it an easy fix? Will it substantially affect the look and feel of the property? Can you get away with a less expensive fix or refresh? Will you lose money if you decide not to do the repair? Could it be a deal breaker for a buyer?

When you have decided about fixes and gotten them completed, it is time to get your Realtor over to your property (possibly again). Your Realtor can help you assess the market in your area so you can make sure you have made the best upgrades and fixes to be as competitive as possible. They can also help you stage your home to show the best way and schedule professional photographs to make it your home stand out in your listing.

If you are preparing to list your home in the Lake Wylie area, give us a call at 803-831-8588. We can help you to get top dollar for your home. To view current listings and create custom searches, click here.

To read more of the article in Houzz, click here.

May Market Report

June 12, 2019 by lkw_df Leave a Comment

This month, though the supply of homes on the market has declined in the Charlotte region, there are many other market indicators that have increased. Closed sales, pending sales, and new listings were all up, .5%, 17.3%, and 2.8% respectively. Prices are also up over last year, with the average sales price up 3.4% from $299,723 to $309,859. The total inventory for the region is down 10.1% from 10,506 to 9,443. This means that buyers are competing for just 2.3 months of inventory giving sellers more of the power in transactions. (A balanced market between buyers and sellers is generally a 4-6 month supply of homes.)

When you look at just Lake Wylie, the numbers are a little bit different, however you need to know that the numbers could look skewed due to the small sample size. For instance, the average sales price was down 1.8% year over year, but that could be due to just one waterfront home as they typically command a premium.

Closed sales were up 18.8% over last year, from 112 to 133, a difference of 21 additional sales. New listings were up 2.6%, and pending sales were up a whopping 42.5% from 113 to 161. This is a great indicator that the market is still strong as many of these pending homes will head to the closing table to boost next months closed sales number.

Homes are selling quicker than last year as well with the days from listing to closing down to 103 from 121, a decline of 14.9%. Homes are on the market for an average of 60 days until sale, down from 65 days last May.

These trends are showing no end in sight yet for the current lack of supply and price increases. All of these trends are taken from the monthly report published by the Carolina Regional Realtor Association. The numbers are from the Multiple Listing Services, Inc.

If you are looking to buy or sell a home in the Lake Wylie area, give us a call at 803-831-8588. You can view current listings and create custom searches on our website here.

Neighborhood Spotlight: Mariners Watch Cove

June 7, 2019 by lkw_df Leave a Comment

If you’ve had your eye on the exclusive community of Mariners Watch Cove in York, SC, you’re not alone. This popular spot is part of the Allison Creek Peninsula on the shores of Lake Wylie and is truly stunning. With million dollar views, large lots, majestic trees, and stellar homes, you won’t believe you are just 45 minutes from Uptown Charlotte.

To get to Mariners Watch Cove, you have to enter from Hands Mill Highway/Highway 274. Once on the peninsula you feel your cares disappear as you enjoy the splendor of Lake Wylie between Big and Little Allison Creeks. Waterfront homes enjoy year round views of the Lake, while inland homes may have seasonal views.

Though it feels like a retreat, Mariners Watch Cove is only 20 minutes away from York and Clover, South Carolina. 30 minutes away you will find Rock Hill, South Carolina, and 45 minutes will get you to Charlotte Douglas International Airport. Residents are currently zoned for award winning and highly desirable Clover Schools, and also enjoy lower South Carolina taxes.

Homes in Mariners Watch Cove are luxurious and custom built. Most homes have well over 3,000 square feet and some include second living quarters, fully finished basements, guest houses, elevators, wine cellars, boat houses and much more.

It is rare to see one of these homes come on the market, in fact three homes sold in 2017, and two are currently on the market. Waterfront lots command a premium and typically sell for well over $1 million. Interior lots are fantastic as well, though they only have lake access from the public boat ramps the nearest of which is Allison Creek Public on Viesta Road. Interior homes typically sell in the $300,000’s to the $500,000’s.

To schedule a private tour of the two current listings in this amazing neighborhood, call us at 803-831-8588. To view current listings and create custom searches, click here.

Featured Listing: 13525 Grand Palisades Parkway

June 6, 2019 by lkw_df Leave a Comment

Rarely does a unique opportunity come up in The Palisades. This one of a kind custom home by Kingswood Homes is in an exclusive gated enclave containing just 7 homes. The location is perfect and is walking distance to amenities. Neighborhood amenities include a clubhouse, golf course, equestrian facilities, pool, fitness center, tennis courts, recreation area, walking trails, and playground.

This home is truly custom and built by one of the finest builders in Charlotte. To see more of their projects and to check out their reputation, visit them at kingswoodhomes.com. This home is consistent with their attention to detail and unrivaled quality.

Coming through the gates, you will first see the paver driveway and side entry garage. The flagstone front porch will lead you into the home where you will be enchanted by the gleaming hardwood floors and high ceilings. The home is open from back to front and the high ceilings are accented by a detailed coffered ceiling in the living room. You’ll love the chef’s kitchen with large island and custom cabinetry. Entertaining is a breeze in the huge outdoor living area complete with fireplace and built-in grill. This home shows like new.

Throughout the 4,297 square feet of this home, there is a space for every member of your family. There are 4 bedrooms and 4.5 bathrooms with the bonus room counting as one of the bedrooms. Each room has ample storage and abundant natural light.

To schedule a private tour of this amazing home, call us at 803-831-8588. To see the full listing for this property, click here. To view additional listings and create custom searches, click here.

Census Data Is In, Here’s What It Means

May 31, 2019 by lkw_df Leave a Comment

The U.S. Census Bureau data is in. They calculated population estimates between July 2017 and 2018. The data shows that the Charlotte metro area grew by 13,151 residents, representing a rise of 1.5% for a total of 872,498 residents. This puts Charlotte at #5 in the nation for growth when you look at cities with at least 50,000 residents.

When you widen out to look at the suburbs around Charlotte, there has been an even greater change to some areas, and three of the top growth areas are around Lake Wylie. Lake Wylie in York County was not included in the Census numbers as it is unincorporated, but based on new construction in the area and low housing inventory, has had tremendous growth as well.

When you compare growth from the new Census numbers to the previous Census completed in 2010, you see that Many of the areas near the Lake have gained a tremendous number of new residents. Tega Cay in York County has added 3,082 residents in that time for a 39.6% increase to 10,863 residents. Clover, also in York County has added 1,282 residents for a 25% increase to 6,397 residents. Belmont, which Apartment Therapy just named one of the Coolest Suburbs in America, had a 22.2% increase totaling 12,495 residents, an increase of 2,272 residents.

All of this growth is a good thing as it means that the Charlotte area is vibrant and attractive. What it can mean for someone moving here for the first time is that they need a good Realtor to help them find a home in the area just right for them and their family. That’s where we can help. We can show you homes around the Lake Wylie area and can help you get settled into a new life here.

To schedule a tour of housing options in the Lake Wylie area, give us a call at 803-831-8588. Be sure to visit our search page where you can view current listings and create custom searches.

To read more about the Census numbers, see The Charlotte Business Journal article.

Take A Closer Look: The Glades at Windswept Cove

May 31, 2019 by lkw_df Leave a Comment

Right along Big Allison Creek, one of the most coveted spots on Lake Wylie, sits the waterfront community of Windswept Cove. Connected to Windswept Cove, accessed from Concord Road are The Glades at Windswept Cove. With over 224 acres, this South Carolina community boasts just over 100 homesites with large lots, great homes and the highly desirable Clover School District.

Homes in The Glades at Windswept Cove sit perched a fabulous spot, with winding lanes, rolling hills, and a magnificent view of the Lake. Lots average 1.6 acres, though some lots are 2 acres or more. Waterfront homes command a premium, but have piers and boat docks. Interior lots have great views as well as tree lined lots and privacy. The natural beauty of the area is protected by environmental covenants which limit the mass clearing of trees on home sites.

Homes here were mostly built between 2008 and 2009 and are grand in scale, most having over 4,000 square feet of living space. These homes are custom built and have amazing attention to detail. There is a true sense of community, though there is no homeowners association. Prices can vary widely due to size and lot location.

This great location is between Lake Wylie and Rock Hill. There are many options nearby for shopping and restaurants. Two miles away will find you at the Commodore Yacht Club Marina. Allison Creek Public boat ramp is just minutes away as well. A trip to Uptown Charlotte should take around 45 minutes.

To see housing options in The Glades at Windswept Cove area or any other Lake Wylie area home, give us a call at 803-831-8588. You can read more about Windswept Cove here. Be sure to visit our search page where you can view current listings and create custom searches.