Showing posts with label steals and deals. Show all posts
Showing posts with label steals and deals. Show all posts

Sunday, September 09, 2007

Sunday Night Steals And Deals- Condos, In-Town Single Family


Tonight I'm looking at Uptown condos and intown living in Dilworth. First the condo's. There is a solid selection, so this week I'm looking at the under 230K, 2 bedroom market. The ideal first home for a young professional, perhaps taking a roomate to offset some of the mortgage. With its convenient in-town location, you won't be paying for parking.

Tonight's winner: this condo is located in the First Ward and has 2 bedrooms and 2 baths, at just over 960 sf. This is a penthouse with spectacular city views, 10' ceilings, granite, hardwood floors and more. All appliances are included and the list price is 227,000... we'd try around 214,000 and see what we get back. You'll have to go considerably out South Blvd for a better value.

In Dilworth I was shopping for single families under 500K. Dilworth was the city's first suburb, built from around 1900-1925. The homes are being rebuilt, for the 2nd and 3rd time. Price ranges run from 350K for something in need of remodelling, o well over $1M for larger fully remodeled homes.

Tonight' winner Has 1976 sf, 3 bedrooms and 2 and one half baths. It is a complete house, with deck , yard and porch on one of the 2 or 3 best streets in Dilworth. Walk to the trolley, walk to downtown Dilworth, this house is convenient, and priced right at $500,000. Still, an offer of 475 makes sense, and see where it takes us. Larger homes have sold on this street for over 1M this year. The photo is a typical bungalow style Dilworth house.

As always, I represent buyers, and in the interest of fairness, none of these recommendations are my listings, and as such MLS rules prohibit use of pictures. E mail me for more information at Terry (at) TerryMcDonaldRE.com. My recommendations are based on square foot and asking price, community amenities and my knowledge of the area-- your opinion would likely vary, and further investigation would be required. See you next week!

Monday, September 03, 2007

Sunday Night Steals And Deals

I know it's late Monday night-- but with kids in town, it being Labor Day- just not a lot of time to write. This week, I am looking at golf course properties, for us, on the course, and I reviewed 4 different categories, all on the golf course: under 350K, under 500k, 500- 800K and ...if price was no object.

In the under 350 category two great courses and communities met head to head with several entries. I chose a listing in Highland Creek over an identically priced Olde Sycamore home because it was a better lot, better view and it's tee location means fewer golf balls raining on unsuspecting folks out back. In addition, its full brick, over 3100 sf, with new floors. I give an edge to Highland Creek, consistently one of Charlotte's most popular communities. It is listed at 349,500, I'd try 333 or so, and see where it goes.

In the 350-500k category I chose a golf course home in the Highland Creek "move-up" neighborhood of Skybrook. This 3900 sf all brick home sits on 1/3 acre, just a short walk to the amenity center. Currently listed at 500k,this home is with a relo company, been on the market a while and needs some updating. At 500k, it's less than its counterparts which have around 3250-3500 sf for the same asking price. Try 475,000, plan on updating the kitchen, and come out ahead.

In the under 800K, the best values moved south with Ballantyne Country Club (BCC) and Providence Country Club (PCC) with two great golf course homes in this price range. Similar in size, I went with the older but slightly larger PCC home because of its lot, its great street, the many updates and a school preference that gives PCC an edge over BCC. This home has great curb appeal, a beautiful porch, newly finished hardwoods and new carpet. Add to it the double master bedrooms and over 4300 sf... quite a choice at the asking of 735, I think you'll have to pay 710 to get it.

In the price is no object category, a Ballantyne Country Club home was a clear winner, with only distant 2nd places. Near the cul-de sac of James Jack, it sit's on a ridge that overlooks 3 golf holes, a pond, and still has room for a free form in-ground pool and play area. Over 8000 sf on 3 floors, state of the art kitchens- bathrooms, media rooms, and a grand entrance make this quite a place. Listed at 2,495,000- I think 2.3 will get it. I know- lets get two!
So that's it for the week- next week I'm looking in town at a couple of condo price points and in Dilworth and Myers Park. As always, I represent buyers, and in the interest of fairness, none of these recommendations are my listings, and as such MLS rules prohibit use of pictures. E mail me for more information at Terry (at) TerryMcDonaldRE.com. My recommendations are based on square foot and asking price, community amenities and my knowledge of the area-- your opinion would likely vary, and further investigation would be required. See you next week!