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Residential development booms in Fort Mill and Tega Cay

November 20, 2016 by lkw_df Leave a Comment

Fort Mill and Tega Cay are soon to be home to, well… more new homes. For starters, a 52-acre site on Fort Mill Parkway will soon be Fort Mill Reserve, which would potentially include up to 120 homes as well as 80,000 square feet of retail, office or municipal use. An acre of the space would also be donated to the town as green space or as a park. And, at least 20% of the residences in Fort Mill Parkway would be targeted toward seniors. Plus, next to Fort Mill Reserve is another new possible site for up to 75 new homes as well as a fire station.

The Cadence subdivision is under review in Tega Cay, where possible plans would allow for up to 125 new homes here. If everything moves forward, Cadence should be completed by 2020 as part of a big surge in development for Tega Cay, which also includes Catawba Park, the Game On sports megaplex, as well as many new residential neighborhoods. With more than a thousand housing units currently in the works in Tega Cay, there are almost just as many housing units in the proposal stage, as well.

Massey is also seeing some residential additions with 47 new homes on nearly 42 acres on the northern side of South Dobys Bridge Road.

For more details and information on the residential development that is booming in the Fort Mill and Tega Cay area, be sure to read the full article at Heraldonline.com.

Neighborhood spotlight: York’s Vanderlakes

November 13, 2016 by lkw_df Leave a Comment

There are plenty of charming communities throughout York County, and one that is particularly noteworthy is Vanderlakes–a quaint neighborhood comprised of stately homes that are situated on generously-sized lots averaging at least one acre. This is anything but a cookie-cutter neighborhood, where homes have individual character and charm. The neighborhood features plenty of greenery and privacy, with many homes featuring expansive hardwood floors, beautiful trim work, granite countertops, and lovely outdoor porches.

Furthermore, residents of Vanderlakes get to take advantage of Clover’s award-winning school district, making this a great neighborhood for families.

There are currently two homes on the market in Vanderlakes representing six months of inventory. Thus, the market here is perfectly balanced, not favoring buyers nor sellers.

However, it is certainly notable that there has been a steady climb in the average sales price of homes here, as well as in the average price per square foot. Over the last 12 months, the average price per square foot was $122.34 compared with over the last three months, where the average price per square foot was $147.10. Furthermore. The average sales price over the past year was $425,625, as compared with the average sales price over the last three months which was $475,000.

If these trends continue, it is to the buyer’s advantage to act sooner than later when considering purchasing a home here.

Don’t miss out on this great community boasting southern charm and beautiful homes.

Lake Wylie offers both affordability and luxury real estate

November 13, 2016 by lkw_df Leave a Comment

If you are looking for waterfront property in the greater Charlotte area, the ever-desirable Lake Wiley is certainly not to be missed. Homes here tend to offer buyers more bang for their buck, particularly when compared with the homes on Lake Norman, where the average sales price tends to be much higher, despite Lake Norman’s greater expanse of shoreline properties.

Although Lake Wylie is smaller than Lake Norman, the North Carolina housing market here is worth $134.6 million, and Lake Wylie’s South Carolina market is worth another $110 million, making Lake Wylie the third largest market in North Carolina and the fourth largest market in South Carolina, with 325 miles of shoreline properties.

The average list price of homes on the North Carolina side of Lake Wylie is $608,070, which is relatively more affordable when compared with Lake Norman where the average list price is $860,890. Even more affordable is the South Carolina side of Lake Wylie where the average list price is $594,059.

While Lake Wylie tends to offer greater affordability than north Charlotte, there is still an active luxury market here featuring stunning lakefront multimillion-dollar homes.

The Lake Wylie real estate market is certainly diverse and dynamic, featuring a range of price points and a range of features. Furthermore, the market here is pretty steady year-round, attracting not only local buyers, but also out-of-state buyers who are relocating for work or who are looking for their dream retirement home. As far as waterfront real estate goes, Lake Wylie certainly features some of the best properties that the greater Charlotte area has to offer.

For more details on Lake Wylie’s housing market, check out the full article at bizjournals.com.

Neighborhood spotlight: The Bluffs

November 6, 2016 by lkw_df Leave a Comment

Let’s check in with The Bluffs, a new-construction neighborhood located just minutes from the beautiful Lake Wylie in the town of Clover. This charming community is an ideal blend of natural beauty and luxurious single-family homes. Stately and architecturally diverse homes are situated on generously-sized lots that are as large as an acre. Homes here feature optional side-entry garages, stunning granite countertops in the kitchen and bathrooms, tankless water heaters, hardwood floors and architectural shingles on the roof. Plus, The Bluffs is conveniently located near local restaurants, great shopping and plenty of recreational activities.

The market here is fairly balaned, with 7.2 months of inventory represented by three homes currently on the market. While this number does not indicate a strong buyer’s nor seller’s market, inventory here is still significantly higher than that of York County as a whole, where there is only 4.7 months of inventory.

There has been a steady uptick in the average number of homes sold per month, and this increased activity tends to favor the sellers.

However, while there has been little change in the average price per square foot of homes, there has been a steady drop in the average sales price of homes, which favors the buyers.

The average sales price of homes currently available is $572,125, and houses on the market here have at least five bedrooms, four bathrooms and a minimum of 5,100 square feet and have been meticulously maintained. Don’t miss this beautiful neighborhood and all that the The Bluffs has to offer!

Local entrepreneur brings new pizza restaurant to Fort Mill

November 6, 2016 by lkw_df Leave a Comment

A new local pizza joint is moving in to Fort Mill that the whole town can get excited about. Toppers, known for its fantastic pizza with multiple topping options, as well as its “topperstix,” which are the namesake’s breadsticks, already has two locations in Charlotte and is now finally opening up a location in Fort Mill.

While there will be limited seating inside, there will potentially be a patio area for seating, but delivery and take-out will definitely be a primary money maker. The restaurant focuses it’s food on freshness and quality. However, their biggest selling point is the sheer number of toppings that they offer. You can order a buffalo chicken pizza, a macaroni and cheese pizza, a taco pizza, and so much more. The list goes on, and the restaurant will be open until 3 AM for a late night orders and pizza cravings.

The new store will be located at 400 Doby’s Bridge Road next to the new Walmart market.

Bill Stayduhar is the founder and owner of Toppers, and he is originally from Fort Mill, as is his wife and family. He is incredibly excited to finally bring his concept to his hometown. The store is hiring, and potential employees should visit toppers.com for a job application, and interested pizza eaters should check out the menu on the website, as well. Read the full article at Heraldonline.com for more details on this new restaurant opening.

Neighborhood spotlight: Mill Creek Falls

October 30, 2016 by lkw_df Leave a Comment

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.

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.

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

October 30, 2016 by lkw_df Leave a Comment

“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

October 23, 2016 by lkw_df Leave a Comment

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.