Lake Wylie Homes

Get Prepared Now for the sales season Lake Wylie SC 2022

February 3, 2022 by lkw_df Leave a Comment

Spring is typically when the homebuying season awakens from its winter and holiday slumber and roars onto the scene. This year, we could see a robust spring market as many people who held off listing homes flood the market with homes for sale. This means that both buyers and sellers need to be ready. The buyers who act early in the season should have an advantage as well because mortgage rates are expected to start rising in March.

The best way for a buyer to get prepared is to get prequalified for a loan. This helps you to determine how much house you can afford and will help you to narrow down neighborhoods that will work for you. Knowing what kind of house you want and where you want it is the next step to narrow your home search. After that, check available listings and create a custom search so you can know the minute a matching home is listed for sale.

The best way for a seller to get prepared is to get started on the process of staging your home. This means de-cluttering and de-personalizing your home so a buyer can imagine themselves living there. It is also a great idea to fix anything that is wrong with the home for instance leaky faucets or peeling paint. This helps you to get top dollar and can save you lots of money when it comes to repair negotiations in a contract.

If both buyers and sellers are prepared as soon as the ground thaws, we should see the spring season off to a great start. We will have to keep an eye on interest rates to see if there is a slowdown in the market in March or April. This will apply to sellers as well because after they sell their home, they will become the buyers that need to worry about rising rates. This could mean that the spring season will start in February this year.

For more information on buying or selling a home in any neighborhood in the Lake Wylie area, call us at 803-831-8588. You can view current listings and create custom searches on our website here.

Neighborhood Spotlight: Boatshore lake Wylie/ Rock Hill SC

January 24, 2022 by lkw_df Leave a Comment

If you think you can’t afford to live on the lake, you may be surprised to find you are incorrect. The highly desirable neighborhood of Boatshore has affordable single-family homes on Lake Wylie. This great location has a Rock Hill address and feeds to Rock Hill schools but has lower South Carolina taxes. This neighborhood is definitely worth a closer look.

Boatshore is located in Rock Hill off of Mt Gallant Road near Pier 51 restaurant. The neighborhood location is convenient to highway access to connect with Uptown Charlotte and Charlotte Douglas International Airport. There is great shopping, dining, and entertainment nearby as well.

The streets in Boatshore are all named after butterfly species, and you will see many natural elements in the neighborhood and the surrounding community. There are nature preserves nearby, as well as Ebenezer Park just down the road. The park features a public boat ramp for lake access as well as other amenities.

There are 72 homes in Boatshore spread along one main street and five cul-de-sacs. It is not a through neighborhood so there is little traffic. Homes here were built in the early 2000’s and are typically between 1,100 and 1,500 square feet with 3 bedrooms and 2 bathrooms. Many of the homes have decks, patios, and porches to take advantage of the great weather.

In the past two years nine homes in Boatshore have sold for an average price of $231,933. The price range over that same time period was $195,000 – $277,500. These homes are great for singles, families, and are great for downsizing. There are currently no homes for sale in the community, but we can help you be the first to know when a home is listed here. Boatshore is definitely worth a look.

For more information on buying or selling a home in Boatshore or any other neighborhood in the Lake Wylie area, call us at 803-831-8588. You can view current listings and create custom searches on our website here.

Neighborhood Spotlight: Cooks Cove Lake Wylie

January 21, 2022 by lkw_df Leave a Comment

If you are looking for a custom home in a gated community on the shores of Lake Wylie, look no further than Cooks Cove. This exclusive enclave of homes has a great location, great schools, and wonderful homes that are rarely listed for sale.

Cooks Cove is located right off Lake Wylie Road in the heart of Lake Wylie. The neighborhood is in commuting distance to Uptown Charlotte, and highway access to I-485 and I-77 are convenient via Highway 49. There are many options for dining, shopping, and entertainment nearby, as well as parks and of course, the lake.

Cooks Cove was built in the early 2000’s and features all custom homes with stunning features. Some of those features include wine cellars, sports courts, libraries, home theaters, and salt-water pools. Homes have at least 4 bedrooms and 4 bathrooms, and have 4,000 to over 8,000 square feet of living space. Included in that space, expect spa-like primary suites, secondary suites, and open entertaining spaces. Most homes have home offices, but why work from there when you can work from your dock, boathouse, or floating dock? Many homes have extensive outdoor living spaces to take advantage of lake views.

In the past year, only one home and one lot changed owners in Cooks Cove. In the last 2 years, only seven properties were sold showing the desirability of the community and how reluctant anyone is to leave. Homes on wooded interior lots typically sell in the $500,000’s to $600,000’s while waterfront homes sell for well over $1 million.

For more information on buying or selling a home in Cooks Cove or any other neighborhood in the Lake Wylie area, call us at 803-831-8588. You can view current listings and create custom searches on our website here.

Year End Market Wrap-up Charlotte/Lake Wylie area

January 18, 2022 by lkw_df Leave a Comment

It can be difficult to see a trend when you are just looking at monthly reporting, but that is not the case when you look at the Charlotte area. The pattern that is emerging right now is that the real estate market in the Charlotte area is the same as has been all year and is likely to continue for some time.

The year end data from the Canopy Realtor Association from their Multiple Listing Service clearly shows that prices are up, inventory is down, and homes are selling quickly and for above list price. This shows tremendous buyer demand is still going strong.

When you look at the Greater Lake Wylie area, you see the same pattern holding true. There were 1,794 homes sold in 2021, up 12.3% from 2020. These homes went under contract in an average of 22 days, down 54.2% from 48 days in 2020.

The median home price rose to $442,003. This is up 17.9% from $375,000 in 2020. You would think this would deter buyers from entering the market, but pending sales and new listings were both up, 5.4% and 4.3% respectively showing strong buyer engagement.

Homes in Lake Wylie sold for 101.4% of list price, showing that buyers are still willing to bring additional money to the table to secure the home they dream of. We are seeing a slowdown in the number of homes getting multiple offers, but that could pick back up in the spring.

If you have been holding off from listing your home, you may be in good company come spring, so it will be more important than ever to have your home stand out from the crowd.

As a buyer, more homes for sale can mean that you are overwhelmed with choice and need guidance helping narrow your search.

We can help you with either scenario. Call us for help with preparing your home for a sale, or for help finding your dream home. Call us at 803-831-8588 to get started. You can view current listings and create custom searches on our website here.

Don’t Miss Out on Unique Properties

January 11, 2022 by lkw_df Leave a Comment

When you are looking for a home on Lake Wylie, you may have only focused your search on specific neighborhoods. Maybe you are interested in homes zoned to a particular school, or you want to be on the North or South Carolina side of the lake. Maybe you are searching for the perfect retreat or waterfront oasis. One thing not to miss out on, are homes not in a specific neighborhood.

Many of the older, more established homes on Lake Wylie were built before many of the neighborhoods were built. This means that you could be excluding the perfect property from your search criteria. Some of these homes have amazing features that are not allowed on newer properties, like boat houses. Some of these homes don’t specify which schools they are zoned for so if you are using a school to narrow your search, you will miss these unique homes in your parameters.

Some of these homes that could be excluded from your search are true finds, like homes built in the 1940’s but have been extensively remodeled to look like a new home. Some have large private lots with private beaches. Some have amazing wooden cathedral ceilings with amazing views of the lake.

If you want help with your property search so you can find the home of your dreams in Lake Wylie, give us a call at 803-831-8588. We can help guide your search so you don’t miss the perfect home. You can search for properties and create custom searches on our website here.

Neighborhood Spotlight: North Reach

January 7, 2022 by lkw_df Leave a Comment

Your opportunity to build a home from the ground up in North Reach may be over, but you can still get in on this amazing new construction neighborhood. Builder Taylor Morrison is in closeout mode with the community, and is finishing the last homes. This is great news for buyers who don’t want to deal with the noise and dirt of construction.

North Reach is located on the North Carolina side of Lake Wylie right before the Buster Boyd Bridge. This great location is just 15 miles away from Uptown Charlotte. There are many swimming and fishing spots nearby, as well as yacht clubs and marinas. McDowell Nature Preserve and Daniel Stowe Botanical Garden are nearby and there are great options for shopping and dining close by.

Amenities for the neighborhood are about finished as well. They include a fishing cabin, walking trails, and a well-equipped outdoor exercise area. Homes in North Reach include a social membership to the Palisades Country Club, though owners are responsible for membership fees and dues. The country club features a junior Olympic swimming pool, tennis courts and fully equipped clubhouse. If you choose to become a full club member, you can enjoy the manicured golf course as well.

Homes in North Reach are open-concept with modern layouts. Floor plans are flexible so they can accommodate home offices. Homes have 2-4 bedrooms, 2-4 bathrooms, and 1,900-3,600 square feet of living space. They have 2 or 3 car attached garages, and are energy efficient.

In the last year, 34 homes finished being built and sold. There are currently 9 homes for sale, and all of them are under contract and are expected to be completed and the sales finalized before spring. Sales prices ranged from $338,877 to $607,547.

If you would like to be the first to know about a home coming up for sale in North Reach, or any other neighborhood in the Lake Wylie area, call us at 803-831-8588. You can view current listings and create custom searches on our website here.

Neighborhood Spotlight: Aragon Beach

December 31, 2021 by lkw_df Leave a Comment

If you are looking for an exclusive waterfront community in York, it’s hard to get more exclusive than Aragon Beach. Over the many years that the Canopy Realtor Association has been tracking Real Estate data, only one home has ever been listed in Aragon Beach and now is your chance.

Aragon Beach is located on the very south shore of Lake Wylie. To get there, take Handsmill Highway to Mt. Gallant Road. From there, head north on Aragon Beach Road. The neighborhood winds through wooded areas and then covers a small peninsula on the Lake.

Homes in Aragon Beach are set back from the road and have lots of old growth trees lending privacy and making each home feel like a private retreat. They sit on large lots, some with well over an acre to enjoy pools, decks, outdoor kitchens, sports courts and much more. Waterfront homes have docks with boat lifts, sun decks, and private beaches.

The one home on the market has a fully finished basement, home office, gourmet kitchen, 4 bedrooms, and 4.5 bathrooms in over 4,000 square feet. The home has room for RV parking, boat parking, and room for all sorts of toys, motorized and otherwise to enjoy on the lake. This home also features an in-ground salt water pool. These homes don’t come on the market often, so this may be your only chance for quite some time.

For more information on buying or selling a home in Aragon Beach or any other neighborhood in the Lake Wylie area, call us at 803-831-8588. You can view current listings and create custom searches on our website here.

Neighborhood Spotlight: Rivers Edge

December 28, 2021 by lkw_df Leave a Comment

For a relaxed small new construction community on the banks of Lake Wylie, Rivers Edge may be perfect for you. On the North Carolina side of the Lake, Rivers Edge strikes the balance between lake life and city life. Builder Nest Homes is bringing this neighborhood to life, and you don’t want to miss out.

Rivers Edge is located on a peninsula just past The Palisades, close to Windjammer Park and McDowell Nature Preserve. Rivers Edge is perfectly positioned for residents to be close to recreation, Carowinds, golf courses, shopping centers, and outdoor activities. Uptown Charlotte is less than 30 minutes away, and Charlotte Douglas International Airport is just 20 miles away.

There are just 10 estate homes on large lots in Rivers Edge. Each home sits on at least an ¾ of an acre of old growth pine trees, and many of the homes are on waterfront lots. Homes have craftsman and modern farmhouse styling. Expect over 3,000 square feet packed full of features and upgrades on these homes. They have between 4 and 7 bedrooms, open floor plans, and side-load or courtyard style garages. Some of the homes are on basement lots and can accommodate a fully finished plan adding additional square footage.

Only one of these homes has sold, though there are three currently listed with two of those already under contract. Expect prices in the $700,000’s and $800,000’s for interior lots, and over $1 million for the waterfront homes.

For more information on buying or selling a home in Rivers Edge or any other neighborhood in the Lake Wylie area, call us at 803-831-8588. You can view current listings and create custom searches on our website here.